Q1 EPS Estimates for Signet Jewelers Lowered by Analyst

Signet Jewelers Limited (NYSE:SIGFree Report) – Research analysts at Telsey Advisory Group decreased their Q1 2026 earnings estimates for Signet Jewelers in a research note issued on Thursday, March 20th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will earn $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:SIGGet Free Report) last announced its earnings results on Wednesday, March 19th. The company reported $6.62 EPS for the quarter, beating analysts’ consensus estimates of $6.39 by $0.23. The firm had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.33 billion. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. Signet Jewelers’s quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $6.73 EPS.

A number of other research firms have also issued reports on SIG. UBS Group upped their target price on shares of Signet Jewelers from $85.00 to $89.00 and gave the company a “buy” rating in a report on Thursday. StockNews.com downgraded shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Bank of America decreased their target price on shares of 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, Wells Fargo & Company cut their price target on Signet Jewelers from $95.00 to $80.00 and set an “overweight” rating for the company in a report on Thursday. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $81.60.

View Our Latest Stock Report on Signet Jewelers

Signet Jewelers Stock Up 3.8 %

SIG opened at $58.46 on Friday. The firm has a market cap of $2.54 billion, a P/E ratio of 6.73, a PEG ratio of 3.43 and a beta of 2.20. The business’s fifty day simple moving average is $54.52 and its 200 day simple moving average is $78.32. Signet Jewelers has a 52 week low of $45.55 and a 52 week high of $112.06. The company has a quick ratio of 0.25, a current ratio of 1.55 and a debt-to-equity ratio of 0.14.

Signet Jewelers Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, April 25th will be paid a dividend of $0.32 per share. The ex-dividend date is Friday, April 25th. This represents a $1.28 dividend on an annualized basis and a yield of 2.19%. This is an increase from Signet Jewelers’s previous quarterly dividend of $0.29. Signet Jewelers’s dividend payout ratio (DPR) is currently 13.35%.

Insider Buying and Selling at Signet Jewelers

In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,333 shares of the company’s stock in a transaction dated 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 directly owns 22,752 shares in the company, valued at $1,231,565.76. This represents a 12.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.26% of the stock is owned by company insiders.

Hedge Funds Weigh In On Signet Jewelers

Several hedge funds and other institutional investors have recently modified their holdings of SIG. Grace & White Inc. NY raised its holdings in Signet Jewelers by 6.1% in the fourth quarter. Grace & White Inc. NY now owns 207,262 shares of the company’s stock valued at $16,728,000 after buying an additional 11,900 shares during the period. Illinois Municipal Retirement Fund increased its position in shares of Signet Jewelers by 22.3% in the fourth quarter. Illinois Municipal Retirement Fund now owns 61,568 shares of the company’s stock worth $4,969,000 after acquiring an additional 11,218 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Signet Jewelers by 30.5% in the 4th quarter. Van ECK Associates Corp now owns 36,655 shares of the company’s stock valued at $2,958,000 after acquiring an additional 8,574 shares during the period. US Bancorp DE lifted its holdings in shares of Signet Jewelers by 99.6% during the 4th quarter. US Bancorp DE now owns 19,598 shares of the company’s stock valued at $1,582,000 after acquiring an additional 9,778 shares in the last quarter. Finally, Royce & Associates LP boosted its position in Signet Jewelers by 5.0% during the 4th quarter. Royce & Associates LP now owns 202,280 shares of the company’s stock worth $16,326,000 after purchasing an additional 9,559 shares during the period.

Signet Jewelers Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Signet Jewelers (NYSE:SIG)

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