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

Key Points

• Signet Jewelers has issued FY 2026 earnings guidance with an EPS range of 8.040-9.570, slightly below the consensus estimate of 9.010, while revenue is expected to be between $6.7 billion and $6.8 billion, matching the consensus.
• The stock has received a consensus rating of "Moderate Buy" from analysts, with a target price averaging around $88.86.
• Signet Jewelers' quarterly earnings exceeded expectations, reporting an EPS of $1.18 against a consensus of $1.01, alongside a revenue increase of 2.0% compared to the same quarter last year.

Signet Jewelers (NYSE:SIG - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 8.040-9.570 for the period, compared to the consensus estimate of 9.010. The company issued revenue guidance of $6.7 billion-$6.8 billion, compared to the consensus revenue estimate of $6.7 billion. Signet Jewelers also updated its Q3 2026 guidance to EPS.

Signet Jewelers Price Performance

Shares of SIG stock traded up $3.04 during mid-day trading on Friday, hitting $93.59. The stock had a trading volume of 1,196,928 shares, compared to its average volume of 1,088,454. Signet Jewelers has a 12-month low of $45.55 and a 12-month high of $106.28. The firm has a market capitalization of $3.85 billion, a P/E ratio of 31.41, a price-to-earnings-growth ratio of 1.03 and a beta of 1.18. The firm's 50-day moving average is $82.63 and its two-hundred day moving average is $69.08.

Signet Jewelers (NYSE:SIG - Get Free Report) last issued its earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.40. Signet Jewelers had a return on equity of 23.42% and a net margin of 1.95%.The business had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the prior year, the business earned $1.25 EPS. The business's revenue for the quarter was up 3.0% compared to the same quarter last year. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS. Analysts expect that Signet Jewelers will post 8.73 EPS for the current year.

Signet Jewelers Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Telsey Advisory Group reiterated a "market perform" rating and issued a $92.00 price target on shares of Signet Jewelers in a research note on Tuesday. Bank of America raised their price objective on Signet Jewelers from $90.00 to $100.00 and gave the stock a "neutral" rating in a research note on Wednesday. Citigroup raised their target price on Signet Jewelers from $100.00 to $110.00 and gave the stock a "buy" rating in a report on Wednesday. Wells Fargo & Company reissued a "cautious" rating on shares of Signet Jewelers in a report on Tuesday. Finally, UBS Group lifted their price target on Signet Jewelers from $95.00 to $110.00 and gave the stock a "buy" rating in a research note on Wednesday. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $97.71.

Institutional Trading of Signet Jewelers

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its stake in shares of Signet Jewelers by 87.2% during the 1st quarter. Royal Bank of Canada now owns 17,564 shares of the company's stock worth $1,020,000 after buying an additional 8,183 shares in the last quarter. Nomura Holdings Inc. acquired a new stake in shares of Signet Jewelers in the 2nd quarter worth approximately $732,000. Man Group plc acquired a new stake in shares of Signet Jewelers in the 2nd quarter worth approximately $653,000. Occudo Quantitative Strategies LP acquired a new stake in shares of Signet Jewelers in the 2nd quarter worth approximately $595,000. Finally, Prudential Financial Inc. grew its holdings in shares of Signet Jewelers by 55.4% in the 2nd quarter. Prudential Financial Inc. now owns 5,935 shares of the company's stock worth $472,000 after acquiring an additional 2,116 shares during the period.

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.