Signet Jewelers Q3 EPS Lowered by Telsey Advisory Group

Signet Jewelers Limited (NYSE:SIG) – Telsey Advisory Group lowered their Q3 2026 earnings per share (EPS) estimates for Signet Jewelers in a research report issued on Thursday, March 20th. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings per share of $0.21 for the quarter, down from their prior forecast of $0.35. 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’ FY2027 earnings at $9.60 EPS.

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

Other analysts also recently issued reports about the company. UBS Group boosted their price target on Signet Jewelers from $85.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, March 20th. Bank of America decreased their price target on shares of Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. StockNews.com cut shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Finally, Wells Fargo & Company lowered their target price on shares of Signet Jewelers from $95.00 to $80.00 and set an “overweight” rating on the stock in a report on Thursday, March 20th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $81.60.

Signet Jewelers Trading Down 1.8 %

Shares of SIG stock opened at $60.14 on Monday. Signet Jewelers has a 12-month low of $45.55 and a 12-month high of $112.06. The firm has a 50 day moving average price of $54.32 and a two-hundred day moving average price of $78.06. The company has a quick ratio of 0.25, a current ratio of 1.55 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $2.62 billion, a PE ratio of 6.92, a price-to-earnings-growth ratio of 3.43 and a beta of 2.20.

Signet Jewelers Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, April 25th will be given a $0.32 dividend. The ex-dividend date of this dividend is Friday, April 25th. This is a boost from Signet Jewelers’s previous quarterly dividend of $0.29. This represents a $1.28 annualized dividend and a dividend yield of 2.13%. Signet Jewelers’s payout ratio is presently -168.42%.

Insider Transactions at Signet Jewelers

In other news, Director Eugenia Ulasewicz sold 3,333 shares of the business’s 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 transaction, the director now 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.26% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SIG. Janney Montgomery Scott LLC boosted its stake in shares of Signet Jewelers by 3.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 6,517 shares of the company’s stock valued at $526,000 after purchasing an additional 205 shares in the last quarter. Franklin Resources Inc. lifted its stake in Signet Jewelers by 0.9% in the 3rd quarter. Franklin Resources Inc. now owns 34,122 shares of the company’s stock valued at $3,330,000 after purchasing an additional 288 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Signet Jewelers by 3.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,498 shares of the company’s stock valued at $1,083,000 after buying an additional 330 shares in the last quarter. Xponance Inc. grew its stake in shares of Signet Jewelers by 12.2% during the fourth quarter. Xponance Inc. now owns 3,149 shares of the company’s stock worth $254,000 after buying an additional 343 shares during the last quarter. Finally, Atria Investments Inc increased its holdings in shares of Signet Jewelers by 14.5% during the fourth quarter. Atria Investments Inc now owns 2,815 shares of the company’s stock worth $227,000 after buying an additional 356 shares in the last quarter.

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.