NYSE:SIG

Signet Jewelers (SIG) Stock Price, News & Analysis

$98.57
-2.51 (-2.48%)
(As of 04/24/2024 ET)
Today's Range
$97.77
$102.09
50-Day Range
$90.00
$107.48
52-Week Range
$57.10
$109.17
Volume
641,707 shs
Average Volume
720,830 shs
Market Capitalization
$4.37 billion
P/E Ratio
6.58
Dividend Yield
0.93%
Price Target
$120.20

Signet Jewelers MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
21.9% Upside
$120.20 Price Target
Short Interest
Bearish
8.89% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.33
Upright™ Environmental Score
News Sentiment
0.59mentions of Signet Jewelers in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$5.46 M Sold Last Quarter
Proj. Earnings Growth
13.87%
From $10.60 to $12.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.20 out of 5 stars

Retail/Wholesale Sector

96th out of 200 stocks

Jewelry Stores Industry

1st out of 1 stocks

SIG stock logo

About Signet Jewelers Stock (NYSE:SIG)

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. This segment also engages in jewelry subscription business. 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. Signet Jewelers Limited is based in Hamilton, Bermuda.

SIG Stock Price History

SIG Stock News Headlines

Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
Signet Jewelers, Cal-Maine Foods rise; Intel Paramount Global fall, Wednesday, 4/3/2024
Stocks that are trading heavily or have substantial price changes on Wednesday: Signet Jewelers, Cal-Maine Foods rise; Intel Paramount Global fall
Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
SIG Apr 2024 120.000 call
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.

Company Calendar

Ex-Dividend for 2/23 Dividend
1/25/2024
Dividend Payable
2/23/2024
Last Earnings
3/20/2024
Today
4/24/2024
Ex-Dividend for 5/24 Dividend
4/25/2024
Dividend Payable
5/24/2024
Next Earnings (Estimated)
6/13/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Jewelry stores
Sub-Industry
Specialty Stores
CUSIP
G8127610
Fax
N/A
Employees
27,991
Year Founded
1950

Price Target and Rating

Average Stock Price Target
$120.20
High Stock Price Target
$152.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+21.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$810.40 million
Pretax Margin
8.92%

Debt

Sales & Book Value

Annual Sales
$7.17 billion
Cash Flow
$16.00 per share
Book Value
$48.89 per share

Miscellaneous

Free Float
42,305,000
Market Cap
$4.37 billion
Optionable
Optionable
Beta
2.13

Social Links

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

SIG Stock Analysis - Frequently Asked Questions

Should I buy or sell Signet Jewelers stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Signet Jewelers in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SIG shares.
View SIG analyst ratings
or view top-rated stocks.

What is Signet Jewelers' stock price target for 2024?

6 analysts have issued 1-year target prices for Signet Jewelers' shares. Their SIG share price targets range from $100.00 to $152.00. On average, they predict the company's stock price to reach $120.20 in the next twelve months. This suggests a possible upside of 21.9% 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 2024?

Signet Jewelers' stock was trading at $107.26 on January 1st, 2024. Since then, SIG shares have decreased by 8.1% and is now trading at $98.57.
View the best growth stocks for 2024 here
.

When is Signet Jewelers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024.
View our SIG earnings forecast
.

How were Signet Jewelers' earnings last quarter?

Signet Jewelers Limited (NYSE:SIG) posted its quarterly earnings results on Wednesday, March, 20th. The company reported $6.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.33 by $0.40. The business earned $2.50 billion during the quarter, compared to the consensus estimate of $2.55 billion. Signet Jewelers had a trailing twelve-month return on equity of 32.26% and a net margin of 11.30%. The company's revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.52 EPS.

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

Signet Jewelers declared a quarterly dividend on Wednesday, March 20th. Investors of record on Friday, April 26th will be paid a dividend of $0.29 per share on Friday, May 24th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for SIG
.

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 0.92%. 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 6.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SIG will have a dividend payout ratio of 7.62% 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 FY25 earnings guidance on Wednesday, April, 3rd. The company provided earnings per share (EPS) guidance of $9.90-11.52 for the period, compared to the consensus earnings per share estimate of $9.72.

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).

Who are Signet Jewelers' major shareholders?

Signet Jewelers' stock is owned by many different institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (1.02%), Wasatch Advisors LP (0.63%), Portman Square Capital LLP (0.00%), IMC Chicago LLC (0.00%), State of Alaska Department of Revenue (0.06%) and Murphy Pohlad Asset Management LLC (0.06%). Insiders that own company stock include Andre Branch, Brian A Tilzer, Eugenia Ulasewicz, H Todd Stitzer, Helen Mccluskey, Howard A Melnick, Jamie Singleton, Joan M Hilson, Mary Elizabeth Finn, Oded Edelman, Rebecca Wooters, Stash Ptak, Stephen E Lovejoy, Virginia Drosos, William Brace and Zackery A Hicks.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Signet Jewelers have any subsidiaries?
The following companies are subsidiares of Signet Jewelers: R2Net, and Zale Corporation.
Read More
This page (NYSE:SIG) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners