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How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
The How and Why of Investing in Gold Stocks
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Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
126% Average Gains While Stocks Crash (Ad)pixel
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
126% Average Gains While Stocks Crash (Ad)pixel
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
How to Get ANOTHER 80% Off the Best Cryptos (Ad)pixel
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
126% Average Gains While Stocks Crash (Ad)pixel
NYSE:SIG

Signet Jewelers - SIG Stock Forecast, Price & News

$64.56
+4.81 (+8.05%)
(As of 08/10/2022 12:00 AM ET)
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Compare
Today's Range
$61.42
$65.31
50-Day Range
$52.54
$67.83
52-Week Range
$48.31
$111.92
Volume
1.23 million shs
Average Volume
1.22 million shs
Market Capitalization
$3.00 billion
P/E Ratio
8.00
Dividend Yield
1.34%
Price Target
$92.20

Signet Jewelers MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
39.4% Upside
$90.00 Price Target
Short Interest
Bearish
16.48% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.33
Upright™ Environmental Score
News Sentiment
-0.29mentions of Signet Jewelers in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$1.70 M Sold Last Quarter
Proj. Earnings Growth
3.69%
From $12.47 to $12.93 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Retail/Wholesale Sector

94th out of 218 stocks

Jewelry Stores Industry

1st out of 1 stocks

SIG stock logo

About Signet Jewelers (NYSE:SIG) Stock

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 Jewelers, Zales Outlet, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through JamesAllen.com and Rocksbox. 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. As of January 29, 2022, it operated 2,854 stores and kiosks. Signet Jewelers Limited is based in Hamilton, Bermuda.

Signet Jewelers Trading Up 8.1 %

Shares of NYSE:SIG traded up $4.81 during trading hours on Wednesday, reaching $64.56. The stock had a trading volume of 1,232,989 shares, compared to its average volume of 1,218,124. The business's fifty day moving average price is $59.04 and its two-hundred day moving average price is $68.12. The company has a current ratio of 1.64, a quick ratio of 0.61 and a debt-to-equity ratio of 0.12. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 7.86, a P/E/G ratio of 0.64 and a beta of 2.30. Signet Jewelers has a 52-week low of $48.31 and a 52-week high of $111.92.

Signet Jewelers (NYSE:SIG - Get Rating) last posted its earnings results on Thursday, June 9th. The company reported $2.86 earnings per share for the quarter, topping analysts' consensus estimates of $2.29 by $0.57. The company had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.81 billion. Signet Jewelers had a return on equity of 52.99% and a net margin of 6.87%. Signet Jewelers's revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.23 earnings per share. Analysts expect that Signet Jewelers will post 12.47 EPS for the current fiscal year.

Signet Jewelers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 26th. Shareholders of record on Friday, July 29th will be issued a dividend of $0.20 per share. The ex-dividend date is Thursday, July 28th. This represents a $0.80 dividend on an annualized basis and a yield of 1.24%. Signet Jewelers's dividend payout ratio is currently 9.91%.

Wall Street Analyst Weigh In

SIG has been the topic of a number of recent research reports. UBS Group dropped their price target on Signet Jewelers from $138.00 to $120.00 and set a "buy" rating on the stock in a research report on Friday, June 10th. Telsey Advisory Group reduced their price objective on Signet Jewelers from $85.00 to $72.00 and set a "market perform" rating for the company in a research report on Wednesday. Citigroup cut their price objective on Signet Jewelers from $76.00 to $65.00 in a report on Wednesday. Finally, StockNews.com downgraded Signet Jewelers from a "buy" rating to a "hold" rating in a research report on Wednesday, June 22nd. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $90.00.

Insider Activity

In other Signet Jewelers news, insider Stephen E. Lovejoy sold 10,000 shares of the stock in a transaction dated Thursday, June 16th. The stock was sold at an average price of $57.37, for a total transaction of $573,700.00. Following the sale, the insider now directly owns 88,732 shares of the company's stock, valued at approximately $5,090,554.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Oded Edelman sold 20,000 shares of the company's stock in a transaction dated Thursday, May 19th. The shares were sold at an average price of $56.21, for a total value of $1,124,200.00. Following the completion of the sale, the insider now directly owns 65,398 shares of the company's stock, valued at $3,676,021.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Stephen E. Lovejoy sold 10,000 shares of the company's stock in a transaction dated Thursday, June 16th. The shares were sold at an average price of $57.37, for a total transaction of $573,700.00. Following the completion of the sale, the insider now directly owns 88,732 shares in the company, valued at approximately $5,090,554.84. The disclosure for this sale can be found here. Company insiders own 1.76% of the company's stock.

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SIG Stock News Headlines

Is it Time to Cash Out of Signet Jewelers Stock?
Global jewelry retailer Signet Jewelers Limited (NASDAQ: SIG) stock is attempting to reverse its downtrend as it trades down (-34%) on the year.
Signet Jewelers: Tough Spot, But Starting To Shine
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of
Options expert Jeff Clark is on a mission to show every American at or near retirement how easy it is to trade options.
Why Signet Jewelers Stock Fell Today
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of
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The Secret Weapon of Long-Term Stock Investors
See More Headlines
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SIG Company Calendar

Ex-Dividend for 5/27 Dividend
4/28/2022
Dividend Payable
5/27/2022
Last Earnings
6/09/2022
Ex-Dividend for 8/26 Dividend
7/28/2022
Today
8/11/2022
Dividend Payable
8/26/2022
Next Earnings (Estimated)
9/01/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Jewelry stores
Sub-Industry
Specialty Stores
CUSIP
G8127610
Fax
N/A
Employees
30,856
Year Founded
1950

Price Target and Rating

Average Stock Price Forecast
$90.00
High Stock Price Forecast
$120.00
Low Stock Price Forecast
$65.00
Forecasted Upside/Downside
+42.8%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$769.90 million
Pretax Margin
7.28%

Debt

Sales & Book Value

Annual Sales
$7.83 billion
Cash Flow
$18.99 per share
Book Value
$31.34 per share

Miscellaneous

Free Float
45,695,000
Market Cap
$3.00 billion
Optionable
Optionable
Beta
2.30

Social Links















SIG Stock - Frequently Asked Questions

Should I buy or sell Signet Jewelers stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Signet Jewelers in the last twelve months. There are currently 3 hold ratings and 2 buy ratings 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 2022?

5 analysts have issued 12-month price objectives for Signet Jewelers' stock. Their SIG share price forecasts range from $65.00 to $120.00. On average, they predict the company's stock price to reach $90.00 in the next twelve months. This suggests a possible upside of 39.4% 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 2022?

Signet Jewelers' stock was trading at $87.03 at the beginning of 2022. Since then, SIG shares have decreased by 25.8% and is now trading at $64.56.
View the best growth stocks for 2022 here
.

When is Signet Jewelers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022.
View our SIG earnings forecast
.

How were Signet Jewelers' earnings last quarter?

Signet Jewelers Limited (NYSE:SIG) posted its quarterly earnings data on Thursday, June, 9th. The company reported $2.86 EPS for the quarter, beating the consensus estimate of $2.29 by $0.57. The business earned $1.84 billion during the quarter, compared to analysts' expectations of $1.81 billion. Signet Jewelers had a net margin of 6.87% and a trailing twelve-month return on equity of 52.99%. Signet Jewelers's revenue was up 8.9% on a year-over-year basis. During the same period last year, the company earned $2.23 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 9th. Shareholders of record on Friday, July 29th will be paid a dividend of $0.20 per share on Friday, August 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Thursday, July 28th.
Read our dividend analysis for SIG
.

Is Signet Jewelers a good dividend stock?

Signet Jewelers (NYSE:SIG) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.34%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SIG will have a dividend payout ratio of 6.19% 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 2023 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.75 billion-$1.75 billion, compared to the consensus revenue estimate of $1.78 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 many different retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (3.10%), Principal Financial Group Inc. (0.76%), Granite Investment Partners LLC (0.72%), American Financial Group Inc. (0.47%), Ceredex Value Advisors LLC (0.46%) and Grace & White Inc. NY (0.43%). Insiders that own company stock include Andre Branch, Brian A Tilzer, Eugenia Ulasewicz, H Todd Stitzer, 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 $64.56.

How much money does Signet Jewelers make?

Signet Jewelers (NYSE:SIG) has a market capitalization of $3.00 billion and generates $7.83 billion in revenue each year. The company earns $769.90 million in net income (profit) each year or $8.07 on an earnings per share basis.

How many employees does Signet Jewelers have?

The company employs 30,856 workers across the globe.

Does Signet Jewelers have any subsidiaries?

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

When was Signet Jewelers founded?

Signet Jewelers was founded in 1950.

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 8/11/2022 by MarketBeat.com Staff

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