Signet Jewelers (NYSE:SIG) Issues FY26 Earnings Guidance

Signet Jewelers (NYSE:SIG) issued an update on its FY26 earnings guidance on Wednesday morning. The company provided EPS guidance of $7.31-9.10 for the period, compared to the consensus EPS 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 Price Performance

Shares of SIG opened at $56.31 on Friday. The stock has a market cap of $2.45 billion, a PE ratio of 6.48, a PEG ratio of 3.43 and a beta of 2.20. The business has a 50-day simple moving average of $54.89 and a two-hundred day simple moving average of $78.50. 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 has a 12-month low of $45.55 and a 12-month high of $112.06.

Signet Jewelers (NYSE:SIG) last issued its quarterly earnings results on Wednesday, March 19th. The company reported $6.62 earnings per share for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $2.33 billion. During the same quarter in the prior year, the firm posted $6.73 earnings per share. The business’s quarterly revenue was down 5.8% on a year-over-year basis. Analysts anticipate that Signet Jewelers will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, April 25th will be given a dividend of $0.32 per share. This is a positive change from Signet Jewelers’s previous quarterly dividend of $0.29. The ex-dividend date is Friday, April 25th. This represents a $1.28 annualized dividend and a dividend yield of 2.27%. Signet Jewelers’s dividend payout ratio is presently 13.35%.

Analyst Upgrades and Downgrades

SIG has been the topic of several recent research reports. StockNews.com lowered Signet Jewelers from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Wells Fargo & Company decreased their price target on Signet Jewelers from $95.00 to $80.00 and set an “overweight” rating for the company in a research report on Thursday. Telsey Advisory Group reaffirmed a “market perform” rating and set a $55.00 price target on shares of Signet Jewelers in a research report on Wednesday. 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 report on Wednesday, January 15th. Finally, UBS Group increased their price target on Signet Jewelers from $85.00 to $89.00 and gave the company a “buy” rating in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Signet Jewelers currently has an average rating of “Moderate Buy” and an average target price of $81.60.

Insider Activity at Signet Jewelers

In related news, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction 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 of the company’s stock, valued at approximately $1,231,565.76. This trade represents a 12.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.