Signet Jewelers (NYSE:SIG) Issues FY 2026 Earnings Guidance

Signet Jewelers (NYSE:SIG) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 7.310-9.100 for the period, compared to the consensus EPS estimate of 9.000. The company issued revenue guidance of $6.5 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion. Signet Jewelers also updated its FY26 guidance to $7.31-9.10 EPS.

Signet Jewelers Stock Down 0.6 %

Shares of NYSE SIG opened at $56.31 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.55 and a quick ratio of 0.25. The company has a market cap of $2.45 billion, a P/E ratio of 6.48, a PEG 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 firm has a 50-day simple moving average of $54.89 and a two-hundred day simple moving average of $78.50.

Signet Jewelers (NYSE:SIG) last posted 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 net margin of 8.57% and a return on equity of 28.69%. The firm had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.33 billion. During the same quarter in the previous year, the firm posted $6.73 earnings per share. The company’s revenue was down 5.8% on a year-over-year basis. Research analysts anticipate that Signet Jewelers will post 8.73 earnings per share for the current year.

Signet Jewelers Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, April 25th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Friday, April 25th. This is an increase from Signet Jewelers’s previous quarterly dividend of $0.29. Signet Jewelers’s payout ratio is currently 13.35%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of Signet Jewelers from $95.00 to $80.00 and set an “overweight” rating for the company in a research note 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. Telsey Advisory Group reissued a “market perform” rating and issued a $55.00 price objective on shares of Signet Jewelers in a research note on Wednesday. Bank of America reduced their price objective on shares of Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Finally, UBS Group boosted their price objective on shares of Signet Jewelers from $85.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.60.

Insiders Place Their Bets

In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction on Friday, February 21st. The shares were sold at an average price of $54.13, for a total value of $180,415.29. Following the transaction, the director now directly owns 22,752 shares of the company’s stock, valued at approximately $1,231,565.76. The trade was a 12.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.26% of the company’s stock.

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.