Signet Jewelers (NYSE:SIG) Issues FY26 Earnings Guidance

Signet Jewelers (NYSE:SIG) updated its FY26 earnings guidance on Wednesday. The company provided earnings per share guidance of $7.31-9.10 for the period, compared to the consensus earnings per share 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.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Telsey Advisory Group reissued a “market perform” rating and issued a $55.00 target price on shares of Signet Jewelers in a research report on Wednesday. StockNews.com lowered Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. UBS Group lifted their target price on Signet Jewelers from $85.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday. Wells Fargo & Company reduced their target price on Signet Jewelers from $95.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Bank of America reduced their target price on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Three 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, the stock presently has an average rating of “Moderate Buy” and an average price target of $81.60.

Signet Jewelers Stock Performance

SIG opened at $56.31 on Friday. The business has a fifty day simple moving average of $54.89 and a 200 day simple moving average of $78.50. The company has a market capitalization of $2.45 billion, a PE ratio of 6.48, a price-to-earnings-growth ratio of 3.43 and a beta of 2.20. Signet Jewelers has a 1 year low of $45.55 and a 1 year high of $112.06. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.55 and a quick ratio of 0.25.

Signet Jewelers (NYSE:SIG) last released its quarterly earnings results on Wednesday, March 19th. The company reported $6.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.39 by $0.23. The business had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.33 billion. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. The firm’s quarterly revenue was down 5.8% on a year-over-year basis. During the same period in the previous year, the company posted $6.73 EPS. Research analysts expect that Signet Jewelers will post 8.73 EPS for the current year.

Signet Jewelers Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, April 25th will be issued 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 dividend yield of 2.27%. This is a boost from Signet Jewelers’s previous quarterly dividend of $0.29. Signet Jewelers’s payout ratio is 13.35%.

Insider Transactions 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 value of $180,415.29. Following the completion of the transaction, the director now owns 22,752 shares of the company’s stock, valued at $1,231,565.76. This represents a 12.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.26% of the stock is owned by 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.