Signet Jewelers (NYSE:SIG) Issues FY 2027 Earnings Guidance

Signet Jewelers (NYSE:SIG) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 10.450-12.150 for the period, compared to the consensus estimate of 10.790. The company issued revenue guidance of $6.7 billion-$6.9 billion, compared to the consensus revenue estimate of $6.8 billion. Signet Jewelers also updated its Q3 2027 guidance to EPS.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Stephens reissued an “overweight” rating and set a $130.00 price target on shares of Signet Jewelers in a research note on Tuesday. Citigroup upped their price target on Signet Jewelers from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday. UBS Group boosted their price target on shares of Signet Jewelers from $122.00 to $136.00 and gave the company a “buy” rating in a research report on Thursday. Jefferies Financial Group increased their price objective on Signet Jewelers from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Raymond James Financial upped their price target on Signet Jewelers from $100.00 to $120.00 and gave the stock an “outperform” rating in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $125.56.

Signet Jewelers Stock Performance

Shares of SIG opened at $97.77 on Friday. The company’s fifty day moving average is $88.62 and its 200 day moving average is $87.84. The stock has a market capitalization of $3.85 billion, a PE ratio of 11.26, a P/E/G ratio of 1.07 and a beta of 1.11. Signet Jewelers has a fifty-two week low of $71.61 and a fifty-two week high of $110.20.

Signet Jewelers (NYSE:SIG) last issued its quarterly earnings results on Wednesday, September 9th. The company reported $2.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.50. The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.53 billion. Signet Jewelers had a return on equity of 23.28% and a net margin of 5.19%.Signet Jewelers’s revenue was down .5% on a year-over-year basis. During the same period last year, the company earned $1.61 earnings per share. Signet Jewelers has set its FY 2027 guidance at 10.450-12.150 EPS. As a group, research analysts forecast that Signet Jewelers will post 10.66 earnings per share for the current year.

Signet Jewelers Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, October 23rd will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $1.40 dividend on an annualized basis and a yield of 1.4%. Signet Jewelers’s dividend payout ratio (DPR) is presently 19.64%.

Signet Jewelers News Roundup

Here are the key news stories impacting Signet Jewelers this week:

• Positive Sentiment: Strong Q2 earnings and higher guidance: Signet reported adjusted EPS of $2.19, well above the $1.69 analyst estimate and up from $1.61 a year ago. Adjusted operating margin improved to 7.0% from 5.6%, while same-store sales increased 2.2%. Management raised fiscal 2027 adjusted EPS guidance to $10.45-$12.15 from $9.20-$11.00. SIG Stock Up 24% After Q2 Earnings Beat Estimates, FY’27 View Raised
• Positive Sentiment: Profitability and shareholder-return initiatives improved: Signet forecast fiscal 2027 adjusted operating income of $535 million-$605 million, authorized a $125 million share repurchase, and renewed its Bread Financial consumer-credit partnership. The company also declared a quarterly dividend of $0.35 per share. Signet forecasts FY2027 adjusted operating income
• Positive Sentiment: Several analysts raised targets: Citigroup upgraded SIG to “Buy” with a $140 target, while UBS raised its target to $136 and also maintained a “Buy” rating. Stephens reaffirmed an “Overweight” rating. These targets imply further upside if Signet delivers on its upgraded outlook.
• Neutral Sentiment: Analyst views remain mixed: Wells Fargo raised its target to $100 but retained an “Equal Weight” rating, and the overall analyst recommendation is “Hold.” The cautious ratings suggest investors may require evidence that stronger margins can offset limited sales growth.
• Negative Sentiment: Profit-taking followed the earnings surge: Revenue was approximately flat year over year, declining 0.5%, and full-year revenue guidance remained near $6.7 billion-$6.9 billion. After the large earnings-driven rally, investors appear to be locking in gains and reassessing the valuation, causing the stock to decrease in the latest session. Why Signet Jewelers Stock Pulled Back Today

Hedge Funds Weigh In On Signet Jewelers

Hedge funds have recently made changes to their positions in the company. Brown Brothers Harriman & Co. acquired a new position in shares of Signet Jewelers in the fourth quarter worth about $39,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Signet Jewelers by 111.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 633 shares of the company’s stock valued at $52,000 after purchasing an additional 333 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Signet Jewelers by 171.2% during the second quarter. EverSource Wealth Advisors LLC now owns 678 shares of the company’s stock worth $54,000 after acquiring an additional 428 shares during the last quarter. State of Wyoming acquired a new position in shares of Signet Jewelers during the 2nd quarter worth approximately $69,000. Finally, Transamerica Financial Advisors LLC boosted its position in shares of Signet Jewelers by 2,084.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,420 shares of the company’s stock valued at $118,000 after acquiring an additional 1,355 shares during the last quarter.

Signet Jewelers Company Profile

Signet Jewelers Ltd is the world’s largest retailer of diamond jewelry, operating a diversified network of retail stores across the United States, Canada, the United Kingdom and Ireland. Its portfolio includes well-established banners such as Kay Jewelers, Zales, Jared The Galleria of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda, offering customers a range of shopping environments from suburban malls to high-street locations.

The company’s product assortment encompasses engagement rings, wedding bands, fine fashion jewelry and timepieces, complemented by services including jewelry cleaning, repairs, appraisals and extended care plans.