Signet Jewelers Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Signet Jewelers in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Signet Jewelers stock. 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 analyst ratings for Signet Jewelers or view top-rated stocks.

Wall Street analysts have given Signet Jewelers a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Signet Jewelers wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Signet Jewelers is scheduled to release its next quarterly earnings announcement on Thursday, September 2nd 2021.
View our earnings forecast for Signet Jewelers.

Signet Jewelers Limited (NYSE:SIG) released its quarterly earnings results on Wednesday, June, 9th. The company reported $2.23 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.27 by $0.96. The business earned $1.69 billion during the quarter, compared to analysts' expectations of $1.62 billion. Signet Jewelers had a net margin of 5.14% and a trailing twelve-month return on equity of 32.21%. The business's quarterly revenue was up 98.2% on a year-over-year basis. During the same quarter in the previous year, the company posted ($1.59) EPS.
View Signet Jewelers' earnings history.

Signet Jewelers' stock was trading at $16.78 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SIG shares have increased by 291.9% and is now trading at $65.76.
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Signet Jewelers announced a quarterly dividend on Thursday, June 10th. Stockholders of record on Friday, July 30th will be given a dividend of $0.18 per share on Friday, August 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend is Thursday, July 29th.
View Signet Jewelers' dividend history.

Signet Jewelers pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.12%. The dividend payout ratio of Signet Jewelers is 34.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Signet Jewelers will have a dividend payout ratio of 10.96% next year. This indicates that Signet Jewelers will be able to sustain or increase its dividend.
View Signet Jewelers' dividend history.

Signet Jewelers issued an update on its FY 2022 earnings guidance on Friday, July, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $6.50 billion-$6.65 billion, compared to the consensus revenue estimate of $6.18 billion.

5 Wall Street analysts have issued 12 month price targets for Signet Jewelers' shares. Their forecasts range from $70.00 to $85.00. On average, they expect Signet Jewelers' stock price to reach $78.00 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price.
View analysts' price targets for Signet Jewelers or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Signet Jewelers include Tractor Supply (TSCO), Ulta Beauty (ULTA), Five Below (FIVE), DICK'S Sporting Goods (DKS), The ODP (ODP), Sally Beauty (SBH), Hibbett Sports (HIBB), MarineMax (HZO), Winmark (WINA) and Big 5 Sporting Goods (BGFV).
View all of SIG's competitors.

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), The Walt Disney (DIS), Bank of America (BAC), General Motors (GM) and salesforce.com (CRM).

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

Signet Jewelers' stock is owned by a variety of institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (1.23%), MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income (0.23%), New York State Common Retirement Fund (0.17%), State of Alaska Department of Revenue (0.07%), Landscape Capital Management L.L.C. (0.04%) and Oregon Public Employees Retirement Fund (0.04%). Company insiders that own Signet Jewelers stock include Andre Branch, H Todd Stitzer, Joan M Hilson, Mary Elizabeth Finn, Oded Edelman and Virginia Drosos.
View institutional ownership trends for Signet Jewelers.

SIG stock was sold by a variety of institutional investors in the last quarter, including Landscape Capital Management L.L.C., Hussman Strategic Advisors Inc., Arizona State Retirement System, Oregon Public Employees Retirement Fund, and New York State Common Retirement Fund.
View insider buying and selling activity for Signet Jewelers or view top insider-selling stocks.

SIG stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income, Advisor Group Holdings Inc., Hillsdale Investment Management Inc., Handelsbanken Fonder AB, State of Alaska Department of Revenue, and Cutler Group LP. Company insiders that have bought Signet Jewelers stock in the last two years include Andre Branch, H Todd Stitzer, Joan M Hilson, Oded Edelman, and Virginia Drosos.
View insider buying and selling activity for Signet Jewelers or or view top insider-buying stocks.

Shares of SIG 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.
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One share of SIG stock can currently be purchased for approximately $65.76.

Signet Jewelers has a market capitalization of $3.46 billion and generates $5.23 billion in revenue each year. The company earns $-15,200,000.00 in net income (profit) each year or $2.11 on an earnings per share basis.

Signet Jewelers employs 21,700 workers across the globe.

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

Signet Jewelers was founded in 1950.

The official website for Signet Jewelers is www.signetjewelers.com.

Signet Jewelers is headquartered at 2 CHURCH STREET, HAMILTON D0, HM11.

Signet Jewelers' mailing address is 2 CHURCH STREET, HAMILTON D0, HM11. The company can be reached via phone at (441) 296-5872 or via email at [email protected]