Signet Jewelers (NYSE:SIG) Issues FY 2026 Earnings Guidance

Signet Jewelers (NYSE:SIG - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 7.310-9.100 for the period, compared to the consensus earnings per share estimate of 9.000. The company issued revenue guidance of $6.5 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion. Signet Jewelers also updated its FY26 guidance to $7.31-9.10 EPS.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. StockNews.com downgraded Signet Jewelers from a "buy" rating to a "hold" rating in a report on Friday, December 6th. Telsey Advisory Group reissued a "market perform" rating and issued a $55.00 target price on shares of Signet Jewelers in a report on Wednesday. UBS Group boosted their target price on Signet Jewelers from $85.00 to $89.00 and gave the stock a "buy" rating in a report on Thursday. Wells Fargo & Company reduced their target price on Signet Jewelers from $95.00 to $80.00 and set an "overweight" rating on the stock in a report on Thursday. Finally, Bank of America reduced their target price on Signet Jewelers from $95.00 to $65.00 and set a "neutral" rating on the stock in a report 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's stock. According to data from MarketBeat.com, Signet Jewelers presently has a consensus rating of "Moderate Buy" and an average price target of $81.60.

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Signet Jewelers Trading Up 3.8 %

SIG stock traded up $2.16 during trading on Friday, hitting $58.46. The company had a trading volume of 5,993,726 shares, compared to its average volume of 1,063,586. The company has a quick ratio of 0.25, a current ratio of 1.55 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average price of $54.52 and a 200-day moving average price of $78.29. Signet Jewelers has a 12 month low of $45.55 and a 12 month high of $112.06. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 6.73, a PEG ratio of 3.43 and a beta of 2.20.

Signet Jewelers (NYSE:SIG - Get Free Report) last posted its quarterly earnings data 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 net margin of 8.57% and a return on equity of 28.69%. The firm had revenue of $2.35 billion during the quarter, compared to analysts' expectations of $2.33 billion. During the same quarter in the previous year, the company posted $6.73 EPS. Signet Jewelers's revenue was down 5.8% on a year-over-year basis. As a group, analysts predict that Signet Jewelers will post 8.73 earnings per share for the current year.

Signet Jewelers Increases Dividend

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

Insider Buying and Selling

In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,333 shares of the company's stock in a transaction on Friday, February 21st. The shares were 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 approximately $1,231,565.76. The trade was a 12.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.26% of the stock is currently owned by corporate insiders.

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.