Q1 EPS Estimates for Signet Jewelers Reduced by Analyst

Signet Jewelers Limited (NYSE:SIG - Free Report) - Stock analysts at Telsey Advisory Group cut their Q1 2026 earnings estimates for shares of Signet Jewelers in a report released on Thursday, March 20th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $1.02 per share for the quarter, down from their previous forecast of $1.08. Telsey Advisory Group currently has a "Market Perform" rating and a $55.00 target price on the stock. The consensus estimate for Signet Jewelers' current full-year earnings is $8.73 per share. Telsey Advisory Group also issued estimates for Signet Jewelers' Q2 2026 earnings at $1.14 EPS, Q4 2026 earnings at $6.32 EPS and FY2026 earnings at $8.69 EPS.

Signet Jewelers (NYSE:SIG - Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The company reported $6.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.39 by $0.23. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. The firm had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.33 billion. During the same quarter in the prior year, the company earned $6.73 earnings per share. The business's revenue for the quarter was down 5.8% compared to the same quarter last year.

Several other equities analysts have also weighed in on SIG. Wells Fargo & Company dropped their price objective on shares of Signet Jewelers from $95.00 to $80.00 and set an "overweight" rating on the stock in a research report on Thursday, March 20th. UBS Group raised their price objective on shares of Signet Jewelers from $85.00 to $89.00 and gave the stock a "buy" rating in a research report on Thursday, March 20th. StockNews.com downgraded Signet Jewelers from a "buy" rating to a "hold" rating in a research report on Friday, December 6th. Finally, Bank of America lowered their target price on Signet Jewelers from $95.00 to $65.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 15th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $81.60.

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Signet Jewelers Stock Performance

Signet Jewelers stock traded down $1.13 during mid-day trading on Friday, hitting $60.14. 1,464,466 shares of the company's stock traded hands, compared to its average volume of 1,064,196. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.55 and a quick ratio of 0.25. The firm has a 50 day simple moving average of $54.32 and a two-hundred day simple moving average of $78.06. Signet Jewelers has a fifty-two week low of $45.55 and a fifty-two week high of $112.06. The stock has a market cap of $2.62 billion, a price-to-earnings ratio of 6.92, a P/E/G ratio of 3.43 and a beta of 2.20.

Signet Jewelers Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, April 25th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.13%. This is an increase from Signet Jewelers's previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Friday, April 25th. Signet Jewelers's payout ratio is presently -168.42%.

Insider Activity at Signet Jewelers

In related news, Director Eugenia Ulasewicz sold 3,333 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $54.13, for a total value of $180,415.29. Following the transaction, the director now owns 22,752 shares in the company, valued at approximately $1,231,565.76. This trade represents a 12.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.26% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Signet Jewelers

Large investors have recently bought and sold shares of the company. Atria Investments Inc bought a new stake in shares of Signet Jewelers during the 3rd quarter worth approximately $254,000. KBC Group NV raised its position in Signet Jewelers by 25.5% during the third quarter. KBC Group NV now owns 1,293 shares of the company's stock valued at $133,000 after purchasing an additional 263 shares in the last quarter. Segall Bryant & Hamill LLC lifted its stake in Signet Jewelers by 29.4% during the third quarter. Segall Bryant & Hamill LLC now owns 15,238 shares of the company's stock worth $1,572,000 after purchasing an additional 3,461 shares during the last quarter. Intech Investment Management LLC boosted its holdings in shares of Signet Jewelers by 40.2% in the 3rd quarter. Intech Investment Management LLC now owns 19,830 shares of the company's stock valued at $2,045,000 after purchasing an additional 5,690 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Signet Jewelers by 4.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 669,896 shares of the company's stock valued at $69,093,000 after purchasing an additional 30,820 shares during the last quarter.

About Signet Jewelers

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.