Signet Jewelers (NYSE:SIG) Releases FY26 Earnings Guidance

Signet Jewelers (NYSE:SIG - Get Free Report) issued an update on its FY26 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $7.31-9.10 for the period, compared to the consensus earnings per share estimate of $9.00. The company issued revenue guidance of $6.53-6.80 billion, compared to the consensus revenue estimate of $6.74 billion. Signet Jewelers also updated its FY 2026 guidance to 7.310-9.100 EPS.

Signet Jewelers Stock Up 3.8 %

NYSE:SIG traded up $2.16 during trading hours on Friday, hitting $58.46. 5,993,726 shares of the company's stock traded hands, compared to its average volume of 1,063,586. The firm has a market cap of $2.54 billion, a P/E ratio of 6.73, a P/E/G ratio of 3.43 and a beta of 2.20. Signet Jewelers has a twelve month low of $45.55 and a twelve month high of $112.06. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.25 and a current ratio of 1.55. The stock's fifty day moving average price is $54.52 and its two-hundred day moving average price is $78.29.

Signet Jewelers (NYSE:SIG - Get Free Report) last issued its earnings results on Wednesday, March 19th. The company reported $6.62 earnings per share for the quarter, topping 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 company had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.33 billion. During the same period in the prior year, the firm posted $6.73 EPS. The business's revenue was down 5.8% compared to the same quarter last year. On average, research analysts expect that Signet Jewelers will post 8.73 earnings per share for the current fiscal year.

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Signet Jewelers Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, April 25th will be given a $0.32 dividend. This is a positive change from Signet Jewelers's previous quarterly dividend of $0.29. This represents a $1.28 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Friday, April 25th. Signet Jewelers's dividend payout ratio is presently -168.42%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SIG. Wells Fargo & Company dropped their target price on Signet Jewelers from $95.00 to $80.00 and set an "overweight" rating on the stock in a research report on Thursday. StockNews.com lowered Signet Jewelers from a "buy" rating to a "hold" rating in a research report on Friday, December 6th. Telsey Advisory Group reiterated a "market perform" rating and set a $55.00 price target on shares of Signet Jewelers in a research note on Wednesday. UBS Group upped their price target on Signet Jewelers from $85.00 to $89.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Bank of America decreased their price target on Signet Jewelers from $95.00 to $65.00 and set a "neutral" rating for the company in a research note on Wednesday, January 15th. Three equities research 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 a consensus target price of $81.60.

Insider Activity at Signet Jewelers

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

Signet Jewelers Company Profile

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.