Q3 EPS Estimates for Signet Jewelers Boosted by Analyst

Key Points

• Telsey Advisory Group raised their Q3 2026 earnings per share estimate for Signet Jewelers from $0.18 to $0.25, maintaining a "Market Perform" rating with a price target of $92.00.
• Signet Jewelers reported Q2 earnings of $1.61 per share, exceeding the consensus estimate of $1.21, with a revenue increase of 3.0% year-over-year to $1.54 billion.
• The company announced a quarterly dividend of $0.32 per share, with an annual yield of 1.4%, to be paid on November 21st to investors of record on October 24th.

Signet Jewelers Limited (NYSE:SIG - Free Report) - Telsey Advisory Group raised their Q3 2026 EPS estimates for Signet Jewelers in a report issued on Wednesday, September 3rd. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings per share of $0.25 for the quarter, up from their prior estimate of $0.18. Telsey Advisory Group has a "Market Perform" rating and a $92.00 price target 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' Q4 2026 earnings at $5.91 EPS, Q1 2027 earnings at $1.47 EPS and Q4 2027 earnings at $6.18 EPS.

Signet Jewelers (NYSE:SIG - Get Free Report) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported $1.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.40. The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.50 billion. Signet Jewelers had a net margin of 1.95% and a return on equity of 23.42%. The business's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.25 earnings per share. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS.

Other equities research analysts also recently issued reports about the stock. Citigroup raised their price target on shares of Signet Jewelers from $100.00 to $110.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. Bank of America raised their price objective on shares of Signet Jewelers from $90.00 to $100.00 and gave the company a "neutral" rating in a report on Wednesday, September 3rd. Jefferies Financial Group initiated coverage on shares of Signet Jewelers in a report on Monday, June 16th. They issued a "buy" rating and a $102.00 price objective for the company. Wall Street Zen upgraded shares of Signet Jewelers from a "hold" rating to a "buy" rating in a report on Friday. Finally, UBS Group raised their price target on shares of Signet Jewelers from $95.00 to $110.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Signet Jewelers has an average rating of "Hold" and an average price target of $97.71.

Signet Jewelers Trading Down 1.2%

Signet Jewelers stock traded down $1.15 during trading hours on Thursday, reaching $92.50. 645,719 shares of the stock were exchanged, compared to its average volume of 1,351,875. The stock has a 50 day moving average of $82.63 and a two-hundred day moving average of $69.28. Signet Jewelers has a twelve month low of $45.55 and a twelve month high of $106.28. The company has a market cap of $3.81 billion, a P/E ratio of 31.04, a price-to-earnings-growth ratio of 1.07 and a beta of 1.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. bought a new stake in Signet Jewelers in the first quarter valued at $2,112,000. Wealth Enhancement Advisory Services LLC purchased a new position in Signet Jewelers in the 1st quarter worth about $254,000. Principal Financial Group Inc. grew its stake in shares of Signet Jewelers by 1.4% during the 1st quarter. Principal Financial Group Inc. now owns 216,455 shares of the company's stock valued at $12,567,000 after purchasing an additional 2,920 shares during the period. Exchange Traded Concepts LLC bought a new stake in shares of Signet Jewelers during the 1st quarter valued at about $250,000. Finally, Hotchkis & Wiley Capital Management LLC grew its stake in shares of Signet Jewelers by 56.5% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 180,744 shares of the company's stock valued at $10,494,000 after purchasing an additional 65,234 shares during the period.

Signet Jewelers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 24th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, October 24th. Signet Jewelers's dividend payout ratio is presently 42.95%.

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.