Q3 EPS Estimates for Signet Jewelers Lowered by Analyst

Signet Jewelers Limited (NYSE:SIG) – Analysts at Telsey Advisory Group dropped their Q3 2026 earnings per share (EPS) estimates for shares of Signet Jewelers in a research note issued to investors on Thursday, March 20th. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings per share of $0.21 for the quarter, down from their prior forecast of $0.35. Telsey Advisory Group has a “Market Perform” rating and a $55.00 price target 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’ FY2027 earnings at $9.60 EPS.

Signet Jewelers (NYSE:SIG) last posted its quarterly earnings results on Wednesday, March 19th. The company reported $6.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.39 by $0.23. The company had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.33 billion. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. Signet Jewelers’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $6.73 EPS.

A number of other equities research analysts have also issued reports on the company. StockNews.com lowered Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Wells Fargo & Company cut 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. Bank of America cut their target price on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Finally, UBS Group raised their target price on Signet Jewelers from $85.00 to $89.00 and gave the stock a “buy” rating in a research report on Thursday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.60.

Signet Jewelers Price Performance

SIG stock opened at $58.46 on Monday. 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 market capitalization 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. The business’s 50-day moving average is $54.52 and its two-hundred day moving average is $78.29. Signet Jewelers has a 1 year low of $45.55 and a 1 year high of $112.06.

Signet Jewelers Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, April 25th will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date is Friday, April 25th. This is an increase from Signet Jewelers’s previous quarterly dividend of $0.29. Signet Jewelers’s dividend payout ratio (DPR) is currently -168.42%.

Insider Buying and Selling

In related news, Director Eugenia Ulasewicz sold 3,333 shares of the firm’s 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 transaction, the director now owns 22,752 shares in the company, valued at $1,231,565.76. This trade represents a 12.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.26% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its stake in shares of Signet Jewelers by 149.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 703 shares of the company’s stock valued at $57,000 after purchasing an additional 421 shares during the last quarter. Erste Asset Management GmbH purchased a new position in shares of Signet Jewelers in the 3rd quarter valued at approximately $77,000. Sterling Capital Management LLC grew its stake in shares of Signet Jewelers by 832.9% in the 4th quarter. Sterling Capital Management LLC now owns 1,362 shares of the company’s stock valued at $110,000 after purchasing an additional 1,216 shares during the last quarter. CIBC Private Wealth Group LLC grew its stake in shares of Signet Jewelers by 32.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,656 shares of the company’s stock valued at $123,000 after purchasing an additional 410 shares during the last quarter. Finally, KBC Group NV grew its stake in shares of Signet Jewelers by 34.6% in the 4th quarter. KBC Group NV now owns 1,740 shares of the company’s stock valued at $140,000 after purchasing an additional 447 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.