Signet Jewelers Q2 EPS Raised by Telsey Advisory Group

Signet Jewelers Limited (NYSE:SIG - Free Report) - Analysts at Telsey Advisory Group boosted their Q2 2026 earnings per share (EPS) estimates for Signet Jewelers in a report issued on Wednesday, June 4th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will post earnings of $1.21 per share for the quarter, up from their previous forecast of $1.14. Telsey Advisory Group has a "Market Perform" rating and a $80.00 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' Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $6.34 EPS, FY2026 earnings at $8.91 EPS, Q1 2027 earnings at $1.42 EPS, Q2 2027 earnings at $1.33 EPS, Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $6.63 EPS and FY2027 earnings at $9.69 EPS.

A number of other equities analysts have also issued reports on SIG. Wells Fargo & Company increased their price objective on Signet Jewelers from $70.00 to $75.00 and gave the stock an "equal weight" rating in a report on Wednesday, June 4th. CL King initiated coverage on Signet Jewelers in a report on Monday, May 5th. They issued a "buy" rating and a $80.00 price objective for the company. UBS Group increased their price objective on Signet Jewelers from $84.00 to $95.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Citigroup increased their price objective on Signet Jewelers from $85.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Finally, Cfra Research upgraded Signet Jewelers to a "moderate buy" rating in a research report on Thursday, March 20th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $84.67.

Signet Jewelers Stock Performance

SIG stock traded up $2.15 on Friday, reaching $79.83. The company's stock had a trading volume of 1,553,335 shares, compared to its average volume of 1,221,132. Signet Jewelers has a 52 week low of $45.55 and a 52 week high of $109.52. The company has a market capitalization of $3.42 billion, a P/E ratio of 9.19, a price-to-earnings-growth ratio of 3.43 and a beta of 1.36. The firm has a fifty day moving average of $61.79 and a two-hundred day moving average of $65.28. 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 - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.01 by $0.17. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the company earned $1.11 earnings per share. The business's revenue was up 2.0% compared to the same quarter last year.

Signet Jewelers Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, July 25th will be given a $0.32 dividend. The ex-dividend date of this dividend is Friday, July 25th. This represents a $1.28 dividend on an annualized basis and a yield of 1.60%. Signet Jewelers's dividend payout ratio (DPR) is 139.13%.

Insiders Place Their Bets

In related news, CEO James Kevin Symancyk acquired 15,000 shares of the business's stock in a transaction dated Monday, March 31st. The stock was bought at an average price of $57.45 per share, for a total transaction of $861,750.00. Following the transaction, the chief executive officer now owns 50,710 shares of the company's stock, valued at approximately $2,913,289.50. The trade was a 42.01% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Helen Mccluskey acquired 1,700 shares of the business's stock in a transaction dated Friday, April 25th. The shares were bought at an average price of $58.86 per share, with a total value of $100,062.00. Following the transaction, the director now directly owns 31,916 shares in the company, valued at approximately $1,878,575.76. The trade was a 5.63% increase in their position. The disclosure for this purchase can be found here. 1.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Signet Jewelers

Institutional investors and hedge funds have recently modified their holdings of the stock. Brooklyn Investment Group lifted its position in shares of Signet Jewelers by 42,700.0% during the 1st quarter. Brooklyn Investment Group now owns 428 shares of the company's stock valued at $25,000 after acquiring an additional 427 shares during the last quarter. Allworth Financial LP lifted its position in shares of Signet Jewelers by 946.8% during the 1st quarter. Allworth Financial LP now owns 492 shares of the company's stock valued at $29,000 after acquiring an additional 445 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of Signet Jewelers during the 1st quarter valued at $36,000. Smartleaf Asset Management LLC lifted its position in shares of Signet Jewelers by 149.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 703 shares of the company's stock valued at $57,000 after acquiring an additional 421 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Signet Jewelers by 40.5% during the 1st quarter. Versant Capital Management Inc now owns 773 shares of the company's stock valued at $45,000 after acquiring an additional 223 shares during 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.