Signet Jewelers Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signet Jewelers in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.
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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) issued its earnings results on Wednesday, June, 9th. The company reported $2.23 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.27 by $0.96. The company had revenue of $1.69 billion for 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 company's quarterly revenue was up 98.2% on a year-over-year basis. During the same period in the previous year, the business earned ($1.59) EPS.
View Signet Jewelers' earnings history.

Signet Jewelers' stock was trading at $16.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SIG stock has increased by 372.5% and is now trading at $79.29.
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Signet Jewelers announced a quarterly dividend on Thursday, June 10th. Shareholders of record on Friday, July 30th will be paid a dividend of $0.18 per share on Friday, August 27th. This represents a $0.72 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Thursday, July 29th.
View Signet Jewelers' dividend history.

Signet Jewelers issued an update on its second quarter 2022 earnings guidance on Thursday, June, 24th. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $1.60 billion-1.65 billion, compared to the consensus revenue estimate of $1.33 billion.

6 equities research analysts have issued 1 year target prices for Signet Jewelers' stock. Their forecasts range from $70.00 to $79.00. On average, they expect Signet Jewelers' stock price to reach $74.50 in the next twelve months. This suggests that the stock has a possible downside of 6.0%.
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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).
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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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.72%), Select Equity Group L.P. (12.98%), Dimensional Fund Advisors LP (4.84%), Contrarius Investment Management Ltd (3.86%), Melvin Capital Management LP (3.44%) and Arrowstreet Capital Limited Partnership (2.24%). 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 Select Equity Group L.P., Contrarius Investment Management Ltd, Samlyn Capital LLC, Morgan Stanley, Brandywine Global Investment Management LLC, Voloridge Investment Management LLC, Platinum Investment Management Ltd., and Cubist Systematic Strategies LLC.
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 Melvin Capital Management LP, BlackRock Inc., Goldman Sachs Group Inc., Renaissance Technologies LLC, UBS Group AG, Millennium Management LLC, Geode Capital Management LLC, and Walthausen & Co. LLC. 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 $79.29.

Signet Jewelers has a market capitalization of $4.18 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]