NYSE:SIG Signet Jewelers (SIG) Stock Forecast, Price & News $59.89 -2.22 (-3.57%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$58.63▼$62.4450-Day Range$59.90▼$78.9652-Week Range$50.84▼$83.42Volume1.93 million shsAverage Volume1.07 million shsMarket Capitalization$2.71 billionP/E Ratio6.00Dividend Yield1.54%Price Target$83.40 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Signet Jewelers MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside39.3% Upside$83.40 Price TargetShort InterestHealthy11.66% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.33Upright™ Environmental ScoreNews Sentiment0.06Based on 51 Articles This WeekInsider TradingSelling Shares$5.23 M Sold Last QuarterProj. Earnings Growth22.88%From $9.79 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.2.91 out of 5 starsRetail/Wholesale Sector19th out of 207 stocksJewelry Stores Industry1st out of 1 stocks 3.2 Analyst's Opinion Consensus RatingSignet Jewelers has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $83.40, Signet Jewelers has a forecasted upside of 39.3% from its current price of $59.89.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 1.48%, 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 9.21%. 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 2.8 News and Social Media Coverage News SentimentSignet Jewelers has a news sentiment score of 0.06. 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 0.61 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 51 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 Follows6 people have added Signet Jewelers to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 4.4 Earnings and Valuation Earnings GrowthEarnings for Signet Jewelers are expected to grow by 22.88% in the coming year, from $9.79 to $12.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Signet Jewelers is 6.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Signet Jewelers is 6.00, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 34.76.Price to Earnings Growth RatioSignet Jewelers has a PEG Ratio of 0.79. 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 1.71. 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 10, 2023 | americanbankingnews.comSignet Jewelers (NYSE:SIG) Announces Earnings ResultsJune 10, 2023 | americanbankingnews.comSignet Jewelers (NYSE:SIG) Issues Quarterly Earnings Results, Beats Estimates By $0.29 EPSJune 10, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.June 10, 2023 | americanbankingnews.comSignet Jewelers Limited (SIG) to Issue Quarterly Dividend of $0.23 on August 25thJune 9, 2023 | yahoo.comEngagement Ring Sales Are Down, and the World Largest Jeweler Says the Pandemic Is to BlameJune 9, 2023 | finance.yahoo.comSignet (SIG) Q1 Earnings Surpass Estimates, Sales Down Y/YJune 9, 2023 | americanbankingnews.comSignet Jewelers (NYSE:SIG) Updates FY 2024 Earnings GuidanceJune 9, 2023 | americanbankingnews.comSignet Jewelers (NYSE:SIG) Given New $71.00 Price Target at Bank of AmericaJune 10, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.June 9, 2023 | americanbankingnews.comSignet Jewelers (NYSE:SIG) Price Target Lowered to $95.00 at Wells Fargo & CompanyJune 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 | 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 | 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 DiscountSee 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 Payable5/26/2023Last Earnings6/08/2023Today6/10/2023Next Earnings (Estimated)9/07/2023Fiscal 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$83.40 High Stock Price Forecast$98.00 Low Stock Price Forecast$68.00 Forecasted Upside/Downside+46.9%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$9.99 Trailing P/E Ratio6.00 Forward P/E Ratio6.12 P/E Growth0.79Net Income$376.70 million Net Margins7.27% Pretax Margin9.08% Return on Equity40.57% Return on Assets9.43% Debt Debt-to-Equity Ratio0.09 Current Ratio1.74 Quick Ratio0.60 Sales & Book Value Annual Sales$7.84 billion Price / Sales0.35 Cash Flow$17.88 per share Price / Cash Flow3.35 Book Value$34.97 per share Price / Book1.71Miscellaneous Outstanding Shares45,220,000Free Float43,169,000Market Cap$2.71 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? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signet Jewelers in the last year. There are currently 2 hold ratings and 1 buy rating 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 2023? 3 Wall Street research analysts have issued 1 year target prices for Signet Jewelers' stock. Their SIG share price forecasts range from $68.00 to $98.00. On average, they anticipate the company's stock price to reach $83.40 in the next year. This suggests a possible upside of 39.2% 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 2023. Since then, SIG stock has decreased by 11.9% and is now trading at $59.8950. 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, September 7th 2023. View our SIG earnings forecast. How were Signet Jewelers' earnings last quarter? Signet Jewelers Limited (NYSE:SIG) issued its earnings results on Thursday, June, 8th. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.29. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.65 billion. Signet Jewelers had a trailing twelve-month return on equity of 40.57% and a net margin of 7.27%. Signet Jewelers's quarterly revenue was down 9.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.86 earnings per share. How often does Signet Jewelers pay dividends? What is the dividend yield for Signet Jewelers? Signet Jewelers announced a quarterly dividend on Thursday, June 8th. Stockholders of record on Friday, July 28th will be paid a dividend of $0.23 per share on Friday, August 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, July 27th. 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 1.48%. 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 9.21%. 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 EPS 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 variety of institutional and retail 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 $59.90. How much money does Signet Jewelers make? Signet Jewelers (NYSE:SIG) has a market capitalization of $2.71 billion and generates $7.84 billion in revenue each year. The company earns $376.70 million in net income (profit) each year or $9.99 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 6/10/2023 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. 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