Analysts Offer Predictions for Signet Jewelers Q2 Earnings

Signet Jewelers Limited (NYSE:SIG) – Equities researchers at Telsey Advisory Group lifted their Q2 2027 earnings estimates for Signet Jewelers in a note issued to investors on Wednesday, September 3rd. Telsey Advisory Group analyst D. Telsey now anticipates that the company will earn $1.74 per share for the quarter, up from their previous estimate of $1.33. Telsey Advisory Group currently has a “Market Perform” rating and a $92.00 target price on the stock. The consensus estimate for Signet Jewelers’ current full-year earnings is $8.73 per share.

Several other research analysts also recently commented on SIG. Jefferies Financial Group started coverage on shares of Signet Jewelers in a research note on Monday, June 16th. They issued a “buy” rating and a $102.00 price target on the stock. Citigroup raised their price target on shares of Signet Jewelers from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday. Bank of America raised their price target on shares of Signet Jewelers from $90.00 to $100.00 and gave the stock a “neutral” rating in a research note on Wednesday. Wells Fargo & Company reaffirmed a “cautious” rating on shares of Signet Jewelers in a research note on Tuesday. Finally, UBS Group raised their price target on shares of Signet Jewelers from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Signet Jewelers presently has an average rating of “Hold” and an average price target of $97.71.

Signet Jewelers Price Performance

SIG stock opened at $93.59 on Friday. The company has a market capitalization of $3.85 billion, a PE ratio of 31.41, a P/E/G ratio of 1.03 and a beta of 1.18. Signet Jewelers has a 12 month low of $45.55 and a 12 month high of $106.28. The firm’s 50-day moving average is $82.63 and its 200 day moving average is $69.08.

Signet Jewelers (NYSE:SIG) last announced its earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.40. Signet Jewelers had a net margin of 1.95% and a return on equity of 23.42%. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm posted $1.25 earnings per share. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS.

Signet Jewelers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 24th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, October 24th. Signet Jewelers’s dividend payout ratio (DPR) is currently 42.95%.

Institutional Trading of Signet Jewelers

A number of institutional investors have recently modified their holdings of SIG. Charles Schwab Investment Management Inc. boosted its holdings in shares of Signet Jewelers by 175.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,859,503 shares of the company’s stock valued at $107,963,000 after buying an additional 1,183,214 shares in the last quarter. Hood River Capital Management LLC bought a new stake in shares of Signet Jewelers in the 2nd quarter valued at about $56,537,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Signet Jewelers by 321.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 861,769 shares of the company’s stock valued at $68,554,000 after buying an additional 657,444 shares in the last quarter. Divisadero Street Capital Management LP acquired a new stake in Signet Jewelers in the 2nd quarter worth approximately $50,342,000. Finally, Vanguard Group Inc. boosted its stake in Signet Jewelers by 8.1% in the 1st quarter. Vanguard Group Inc. now owns 5,205,964 shares of the company’s stock worth $302,258,000 after purchasing an additional 389,852 shares in 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.