NYSE:SIG Signet Jewelers (SIG) Stock Forecast, Price & News $62.10 -7.41 (-10.66%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$61.00▼$64.1350-Day Range$61.78▼$78.9652-Week Range$50.84▼$83.42Volume3.61 million shsAverage Volume781,612 shsMarket Capitalization$2.81 billionP/E Ratio9.84Dividend Yield1.48%Price Target$88.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Signet Jewelers MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside41.7% Upside$88.00 Price TargetShort InterestHealthy11.66% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.33Upright™ Environmental ScoreNews Sentiment0.14Based on 36 Articles This WeekInsider TradingSelling Shares$5.23 M Sold Last QuarterProj. Earnings Growth7.60%From $11.18 to $12.03 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.77 out of 5 starsRetail/Wholesale Sector23rd out of 209 stocksJewelry Stores Industry1st out of 1 stocks 3.1 Analyst's Opinion Consensus RatingSignet Jewelers has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $88.00, Signet Jewelers has a forecasted upside of 41.7% from its current price of $62.11.Amount of Analyst CoverageSignet Jewelers has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted11.66% of the float of Signet Jewelers has been sold short.Short Interest Ratio / Days to CoverSignet Jewelers has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Signet Jewelers has recently decreased by 8.32%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSignet Jewelers pays a meaningful dividend of 1.36%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSignet Jewelers has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Signet Jewelers is 14.58%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Signet Jewelers will have a dividend payout ratio of 7.65% next year. This indicates that Signet Jewelers will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSignet Jewelers has received a -152.76% net impact score from Upright. The largest negative impact of Signet Jewelers in category "GHG emissions" is driven by its "Diamond jewellery", "Online retail of precious jewellery", and "Physical retail of jewellery at a jeweller's" products. See details.Environmental SustainabilityThe Environmental Impact score for Signet Jewelers is -5.33. Previous Next 2.9 News and Social Media Coverage News SentimentSignet Jewelers has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 36 news articles for Signet Jewelers this week, compared to 6 articles on an average week.Search Interest10 people have searched for SIG on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat Follows5 people have added Signet Jewelers to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Signet Jewelers insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,231,135.00 in company stock.Percentage Held by InsidersOnly 4.54% of the stock of Signet Jewelers is held by insiders.Percentage Held by Institutions97.88% of the stock of Signet Jewelers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Signet Jewelers are expected to grow by 7.60% in the coming year, from $11.18 to $12.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Signet Jewelers is 9.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Signet Jewelers is 9.84, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 39.38.Price to Earnings Growth RatioSignet Jewelers has a PEG Ratio of 0.76. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSignet Jewelers has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Signet Jewelers (NYSE:SIG) StockSignet Jewelers Ltd. engages in the retail of diamond jewelry. It operates through the following business segments: North America, International, and Others. The North America segment operates jewelry stores in malls, mall-based kiosks, and off-mall locations throughout the U.S. and Canada. The International sells primarily in the UK and Ireland under the H. Samuel and Ernest Jones banners. The Other segment consists of activities related to purchasing and conversion of rough diamonds to polished stones and unallocated corporate administrative functions. The company was founded in 1949 and is headquartered in Hamilton, Bermuda.Read More 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. Email Address SIG Stock News HeadlinesJune 8, 2023 | msn.comWhy did Signet stock slide on Thursday? A dim forecast for the year aheadJune 8, 2023 | finance.yahoo.comThere’s now proof of the loneliness epidemic and how COVID devastated dating—a drop in Signet engagement ring salesJune 8, 2023 | MarketBeat Internal (Ad)Save $200 on MarketBeat All AccessMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Claim your $200 account credit and free 30-day trial subscription today.June 8, 2023 | cnbc.comSignet Jewelers CEO Gina Drosos: Seeing a lot of pressure on consumer spendingJune 8, 2023 | markets.businessinsider.comNasdaq Surges Over 100 Points; Signet Jewelers Shares Tumble After Q1 ResultsJune 8, 2023 | markets.businessinsider.comSlowing Trends And Slowing Wedding Market Will Impact Signet Jewelers Despite Earnings Beat: AnalystJune 8, 2023 | finance.yahoo.comSignet Jewelers Lowers Outlook as Mother's Day Sales DisappointJune 8, 2023 | finance.yahoo.comSignet Jewelers cuts outlook on drop in demand for engagement ringsJune 8, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>June 8, 2023 | finance.yahoo.comWhy Signet Jewelers Stock Was Sliding TodayJune 8, 2023 | markets.businessinsider.comSignet Posts Q1 Profit, Beats Estimates; Cuts FY24 View Below Market; Stock Down In PremarketJune 8, 2023 | marketwatch.comSignet Jewelers Shares Fall, Outlook Cut as Sales Trends WorsenJune 8, 2023 | msn.comStocks making the biggest premarket moves: GameStop, Wynn Resorts, Lucid, Adobe & moreJune 8, 2023 | msn.comSignet stock slumps on slashed full-year forecastsJune 8, 2023 | bloomberg.comKay Jewelers Owner Falls After It Slashes Annual OutlookJune 8, 2023 | finance.yahoo.comSIGNET JEWELERS REPORTS FIRST QUARTER FISCAL 2024 RESULTSJune 8, 2023 | finance.yahoo.comSignet Jewelers Stock Drops on Cut to Forecasts. Economic Pressure Is Mounting.June 8, 2023 | americanbankingnews.comSignet Jewelers (NYSE:SIG) Releases FY24 Earnings GuidanceJune 8, 2023 | seekingalpha.comSignet Jewelers: Luxurious Company At A Huge DiscountJune 7, 2023 | finance.yahoo.comSignet Jewelers, DocuSign, jobless claims: 3 things to watchJune 7, 2023 | 247wallst.comEarnings Previews: FuelCell Energy, GameStop, Signet Jewelers, Trip.comJune 7, 2023 | markets.businessinsider.comSignet Jewelers is about to announce earnings — here's what Wall Street expectsJune 6, 2023 | finance.yahoo.comSignet Jewelers' (NYSE:SIG) three-year total shareholder returns outpace the underlying earnings growthJune 6, 2023 | americanbankingnews.comSignet Jewelers Limited (NYSE:SIG) to Post Q1 2025 Earnings of $1.82 Per Share, Telsey Advisory Group ForecastsJune 6, 2023 | americanbankingnews.comSignet Jewelers (SIG) to Release Quarterly Earnings on ThursdayJune 6, 2023 | msn.comTelsey Advisory Group Reiterates Signet Jewelers (SIG) Market Perform RecommendationJune 5, 2023 | msn.comStabilizing Strategies Amid Economic Pressure: Analyst's Take On Signet JewelersSee More Headlines SIG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SIG Company Calendar Ex-Dividend for 5/26 Dividend4/27/2023Dividend Payable5/26/2023Today6/08/2023Last Earnings6/08/2023Next Earnings (Confirmed)6/08/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Jewelry stores Sub-IndustrySpecialty Stores SectorRetail/Wholesale Current SymbolNYSE:SIG CUSIPG8127610 CIK832988 Webwww.signetjewelers.com Phone(441) 296-5872FaxN/AEmployees29,660Year Founded1950Price Target and Rating Average Stock Price Forecast$88.00 High Stock Price Forecast$100.00 Low Stock Price Forecast$75.00 Forecasted Upside/Downside+41.7%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$6.31 Trailing P/E Ratio9.84 Forward P/E Ratio5.56 P/E Growth0.76Net Income$376.70 million Net Margins4.80% Pretax Margin5.75% Return on Equity46.64% Return on Assets10.20% Debt Debt-to-Equity Ratio0.09 Current Ratio1.56 Quick Ratio0.60 Sales & Book Value Annual Sales$7.84 billion Price / Sales0.36 Cash Flow$16.97 per share Price / Cash Flow3.66 Book Value$35.16 per share Price / Book1.77Miscellaneous Outstanding Shares45,220,000Free Float43,169,000Market Cap$2.81 billion OptionableOptionable Beta2.14 Social Links Key ExecutivesVirginia C. DrososChief Executive Officer & DirectorJamie L. SingletonPresident & Chief Consumer OfficerJoan Holstein HilsonChief Financial & Strategy OfficerHoward A. MelnickChief Information OfficerVincent CiccoliniChief Accounting Officer, Controller & SVPKey CompetitorsRush EnterprisesNASDAQ:RUSHAShake ShackNYSE:SHAKUrban OutfittersNASDAQ:URBNACV AuctionsNASDAQ:ACVAErmenegildo ZegnaNYSE:ZGNView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCBought 27,924 shares on 6/1/2023Ownership: 0.062%ProShare Advisors LLCSold 736 shares on 5/26/2023Ownership: 0.014%Brandywine Global Investment Management LLCBought 41,021 shares on 5/25/2023Ownership: 0.350%Virginia DrososSold 10,000 sharesTotal: $702,900.00 ($70.29/share)Capital Impact Advisors LLCBought 6,450 shares on 5/23/2023Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions SIG Stock - Frequently Asked Questions Should I buy or sell Signet Jewelers stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Signet Jewelers in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 2023? 4 Wall Street research analysts have issued twelve-month price objectives for Signet Jewelers' stock. Their SIG share price forecasts range from $75.00 to $100.00. On average, they anticipate the company's stock price to reach $88.00 in the next twelve months. This suggests a possible upside of 41.7% 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 2023? Signet Jewelers' stock was trading at $68.00 at the beginning of the year. Since then, SIG stock has decreased by 8.7% and is now trading at $62.1050. View the best growth stocks for 2023 here. When is Signet Jewelers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 8th 2023. View our SIG earnings forecast. How were Signet Jewelers' earnings last quarter? Signet Jewelers Limited (NYSE:SIG) announced its quarterly earnings data on Thursday, June, 8th. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.49 by $0.29. The business earned $1.67 billion during the quarter, compared to the consensus estimate of $1.65 billion. Signet Jewelers had a net margin of 4.80% and a trailing twelve-month return on equity of 46.64%. The business's quarterly revenue was down 9.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.86 earnings per share. How often does Signet Jewelers pay dividends? What is the dividend yield for Signet Jewelers? Signet Jewelers declared a quarterly dividend on Thursday, March 16th. Shareholders of record on Friday, April 28th will be paid a dividend of $0.23 per share on Friday, May 26th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, April 27th. This is a boost from the stock's previous quarterly dividend of $0.20. Read our dividend analysis for SIG. What ETFs hold Signet Jewelers' stock? ETFs with the largest weight of Signet Jewelers (NYSE:SIG) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Principal Millennial Global Growth ETF (GENY), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Quality ETF (XSHQ), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL) and Distillate Small/Mid Cash Flow ETF (DSMC). Is Signet Jewelers a good dividend stock? Signet Jewelers (NYSE:SIG) pays an annual dividend of $0.92 per share and currently has a dividend yield of 1.36%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SIG will have a dividend payout ratio of 7.65% 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 updated its second quarter 2024 earnings guidance on Thursday, June, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.53 billion-$1.58 billion, compared to the consensus revenue estimate of $1.75 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 a number of retail and institutional investors. Top institutional shareholders include Select Equity Group L.P. (19.56%), BlackRock Inc. (17.06%), Dimensional Fund Advisors LP (5.17%), Victory Capital Management Inc. (4.41%), State Street Corp (4.09%) and GMT Capital Corp (2.27%). Insiders that own company stock include Andre Branch, Brian A Tilzer, Eugenia Ulasewicz, 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 $62.11. How much money does Signet Jewelers make? Signet Jewelers (NYSE:SIG) has a market capitalization of $2.81 billion and generates $7.84 billion in revenue each year. The company earns $376.70 million in net income (profit) each year or $6.31 on an earnings per share basis. How many employees does Signet Jewelers have? The company employs 29,660 workers across the globe. Does Signet Jewelers have any subsidiaries? The following companies are subsidiares of Signet Jewelers: R2Net, and Zale Corporation.Read More 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 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Signet Jewelers Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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