S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Stop Day Trading - More Here (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
2 Important Retail Stock Battles to Watch
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
In Biden's big bill: Climate, health care, deficit reduction
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Stop Day Trading - More Here (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
2 Important Retail Stock Battles to Watch
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
In Biden's big bill: Climate, health care, deficit reduction
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Stop Day Trading - More Here (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
2 Important Retail Stock Battles to Watch
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
In Biden's big bill: Climate, health care, deficit reduction
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Stop Day Trading - More Here (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
2 Important Retail Stock Battles to Watch
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
In Biden's big bill: Climate, health care, deficit reduction
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
NYSE:SIG

Signet Jewelers - SIG Stock Forecast, Price & News

$67.82
+1.92 (+2.91%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$64.75
$67.84
50-Day Range
$52.54
$67.83
52-Week Range
$48.31
$111.92
Volume
745,611 shs
Average Volume
679,065 shs
Market Capitalization
$3.15 billion
P/E Ratio
8.40
Dividend Yield
1.21%
Price Target
$90.00

Signet Jewelers MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
32.7% Upside
$90.00 Price Target
Short Interest
Bearish
16.48% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.33
Upright™ Environmental Score
News Sentiment
-0.29mentions of Signet Jewelers in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$1.70 M Sold Last Quarter
Proj. Earnings Growth
-6.26%
From $10.70 to $10.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Retail/Wholesale Sector

135th out of 221 stocks

Jewelry Stores Industry

1st out of 1 stocks

SIG stock logo

About Signet Jewelers (NYSE:SIG) Stock

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 Jewelers, Zales Outlet, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through JamesAllen.com and Rocksbox. The International segment operates stores in shopping malls and off-mall locations primarily under the H.Samuel and Ernest Jones brands in the United Kingdom, Republic of Ireland, and Channel Islands. The Other segment is involved in the purchase and conversion of rough diamonds to polished stones, as well as the provision of diamond polishing services. As of January 29, 2022, it operated 2,854 stores and kiosks. Signet Jewelers Limited is based in Hamilton, Bermuda.

Signet Jewelers Trading Up 2.9 %

NYSE:SIG opened at $67.82 on Friday. Signet Jewelers has a 1-year low of $48.31 and a 1-year high of $111.92. The firm has a market cap of $3.15 billion, a PE ratio of 8.40, a price-to-earnings-growth ratio of 0.69 and a beta of 2.30. The company has a current ratio of 1.64, a quick ratio of 0.61 and a debt-to-equity ratio of 0.12. The stock has a 50-day moving average of $59.28 and a 200-day moving average of $67.84.

Signet Jewelers (NYSE:SIG - Get Rating) last announced its quarterly earnings results on Thursday, June 9th. The company reported $2.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $0.57. Signet Jewelers had a return on equity of 52.99% and a net margin of 6.87%. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the business earned $2.23 EPS. Signet Jewelers's revenue was up 8.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Signet Jewelers will post 11.76 EPS for the current year.

Signet Jewelers Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 26th. Investors of record on Friday, July 29th will be issued a dividend of $0.20 per share. The ex-dividend date is Thursday, July 28th. This represents a $0.80 dividend on an annualized basis and a yield of 1.18%. Signet Jewelers's dividend payout ratio is presently 9.91%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. UBS Group dropped their price target on Signet Jewelers from $138.00 to $120.00 and set a "buy" rating for the company in a research note on Friday, June 10th. Citigroup dropped their price target on Signet Jewelers from $76.00 to $65.00 in a research note on Wednesday. Telsey Advisory Group dropped their price target on Signet Jewelers from $85.00 to $72.00 and set a "market perform" rating for the company in a research note on Wednesday. Finally, StockNews.com lowered Signet Jewelers from a "buy" rating to a "hold" rating in a research note on Wednesday, June 22nd. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $90.00.

Insiders Place Their Bets

In other Signet Jewelers news, insider Stephen E. Lovejoy sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, June 16th. The stock was sold at an average price of $57.37, for a total transaction of $573,700.00. Following the transaction, the insider now owns 88,732 shares in the company, valued at approximately $5,090,554.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Signet Jewelers news, insider Stephen E. Lovejoy sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, June 16th. The stock was sold at an average price of $57.37, for a total transaction of $573,700.00. Following the transaction, the insider now owns 88,732 shares in the company, valued at approximately $5,090,554.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Oded Edelman sold 20,000 shares of the company's stock in a transaction that occurred on Thursday, May 19th. The stock was sold at an average price of $56.21, for a total value of $1,124,200.00. Following the transaction, the insider now owns 65,398 shares in the company, valued at approximately $3,676,021.58. The disclosure for this sale can be found here. Company insiders own 1.76% of the company's stock.

Receive SIG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Signet Jewelers and its competitors with MarketBeat's FREE daily newsletter.

SIG Stock News Headlines

Is it Time to Cash Out of Signet Jewelers Stock?
Global jewelry retailer Signet Jewelers Limited (NASDAQ: SIG) stock is attempting to reverse its downtrend as it trades down (-34%) on the year.
Citigroup Cuts Signet Jewelers (NYSE:SIG) Price Target to $65.00
Bear of the Day: Signet Jewelers (SIG)
Signet Jewelers: Tough Spot, But Starting To Shine
Why Signet Jewelers Stock Fell Today
See More Headlines
Receive SIG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Signet Jewelers and its competitors with MarketBeat's FREE daily newsletter.

SIG Company Calendar

Ex-Dividend for 5/27 Dividend
4/28/2022
Dividend Payable
5/27/2022
Last Earnings
6/09/2022
Ex-Dividend for 8/26 Dividend
7/28/2022
Today
8/13/2022
Dividend Payable
8/26/2022
Next Earnings (Confirmed)
9/01/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Jewelry stores
Sub-Industry
Specialty Stores
CUSIP
G8127610
Fax
N/A
Employees
30,856
Year Founded
1950

Price Target and Rating

Average Stock Price Forecast
$90.00
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$65.00
Forecasted Upside/Downside
+32.7%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$769.90 million
Pretax Margin
7.28%

Debt

Sales & Book Value

Annual Sales
$7.83 billion
Cash Flow
$19.27 per share
Book Value
$31.34 per share

Miscellaneous

Free Float
45,695,000
Market Cap
$3.15 billion
Optionable
Optionable
Beta
2.30

Social Links















SIG Stock - Frequently Asked Questions

Should I buy or sell Signet Jewelers stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signet Jewelers in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SIG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIG, but not buy additional shares or sell existing shares.
View SIG analyst ratings
or view top-rated stocks.

What is Signet Jewelers' stock price forecast for 2022?

5 analysts have issued 12-month target prices for Signet Jewelers' stock. Their SIG share price forecasts range from $65.00 to $120.00. On average, they anticipate the company's share price to reach $90.00 in the next twelve months. This suggests a possible upside of 32.7% from the stock's current price.
View analysts price targets for SIG
or view top-rated stocks among Wall Street analysts.

How have SIG shares performed in 2022?

Signet Jewelers' stock was trading at $87.03 at the beginning of the year. Since then, SIG shares have decreased by 22.1% and is now trading at $67.82.
View the best growth stocks for 2022 here
.

When is Signet Jewelers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022.
View our SIG earnings forecast
.

How can I listen to Signet Jewelers' earnings call?

Signet Jewelers will be holding an earnings conference call on Thursday, September 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Signet Jewelers' earnings last quarter?

Signet Jewelers Limited (NYSE:SIG) posted its quarterly earnings results on Thursday, June, 9th. The company reported $2.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.57. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.81 billion. Signet Jewelers had a net margin of 6.87% and a trailing twelve-month return on equity of 52.99%. The company's revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.23 EPS.

How often does Signet Jewelers pay dividends? What is the dividend yield for Signet Jewelers?

Signet Jewelers declared a quarterly dividend on Thursday, June 9th. Investors of record on Friday, July 29th will be given a dividend of $0.20 per share on Friday, August 26th. This represents a $0.80 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date is Thursday, July 28th.
Read our dividend analysis for SIG
.

Is Signet Jewelers a good dividend stock?

Signet Jewelers (NYSE:SIG) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.21%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SIG will have a dividend payout ratio of 7.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SIG.

What guidance has Signet Jewelers issued on next quarter's earnings?

Signet Jewelers issued an update on its second quarter 2023 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.75 billion-$1.75 billion, compared to the consensus revenue estimate of $1.78 billion.

What is Gina C. Drosos' approval rating as Signet Jewelers' CEO?

219 employees have rated Signet Jewelers Chief Executive Officer Gina C. Drosos on Glassdoor.com. Gina C. Drosos has an approval rating of 42% among the company's employees. This puts Gina C. Drosos in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Signet Jewelers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Signet Jewelers investors own include Wells Fargo & Company (WFC), AT&T (T), Enterprise Products Partners (EPD), Annaly Capital Management (NLY), NVIDIA (NVDA), NGL Energy Partners (NGL), Walt Disney (DIS), Bank of America (BAC), General Motors (GM) and Salesforce (CRM).

What is Signet Jewelers' stock symbol?

Signet Jewelers trades on the New York Stock Exchange (NYSE) under the ticker symbol "SIG."

Who are Signet Jewelers' major shareholders?

Signet Jewelers' stock is owned by many different retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (3.10%), FMR LLC (1.40%), Northern Trust Corp (1.37%), JPMorgan Chase & Co. (1.04%), Principal Financial Group Inc. (0.76%) and Granite Investment Partners LLC (0.72%). Insiders that own company stock include Andre Branch, Brian A Tilzer, Eugenia Ulasewicz, H Todd Stitzer, Helen Mccluskey, Jamie Singleton, Joan M Hilson, Mary Elizabeth Finn, Oded Edelman, Rebecca Wooters, Stash Ptak, Stephen E Lovejoy and Virginia Drosos.
View institutional ownership trends
.

How do I buy shares of Signet Jewelers?

Shares of SIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Signet Jewelers' stock price today?

One share of SIG stock can currently be purchased for approximately $67.82.

How much money does Signet Jewelers make?

Signet Jewelers (NYSE:SIG) has a market capitalization of $3.15 billion and generates $7.83 billion in revenue each year. The company earns $769.90 million in net income (profit) each year or $8.07 on an earnings per share basis.

How many employees does Signet Jewelers have?

The company employs 30,856 workers across the globe.

Does Signet Jewelers have any subsidiaries?

The following companies are subsidiares of Signet Jewelers: R2Net, and Zale Corporation.
Read More

When was Signet Jewelers founded?

Signet Jewelers was founded in 1950.

How can I contact Signet Jewelers?

Signet Jewelers' mailing address is 2 CHURCH STREET, HAMILTON D0, HM11. The official website for the company is www.signetjewelers.com. The company can be reached via phone at (441) 296-5872 or via email at vincent.sinisi@signetjewelers.com.

This page (NYSE:SIG) was last updated on 8/13/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.