Signet Jewelers (SIG) News Today

Signet Jewelers Limited (NYSE:SIG) is trading lower today after shares dipped to $87.59. A mix of bullish analyst outlooks and pop-culture tailwinds is being offset by bearish options activity and the upcoming Q2 earnings release.

• Positive Sentiment: Analysts at seven firms maintain a consensus “Moderate Buy” rating on SIG, with four buy ratings and three holds guiding a supportive outlook. Moderate Buy Consensus
• Positive Sentiment: “Swiftonomics” impact continues: Signet shares surged after Taylor Swift’s engagement ring reveal drove consumer interest and potential sales. Swiftonomics Stock Soars
• Neutral Sentiment: Signet offers a 1.42% annual dividend yield ($1.28 per share), with strategies outlined for earning a steady $500 monthly ahead of Q2 results. Dividend Income Strategy
• Neutral Sentiment: Telsey Advisory Group reiterates a “Market Perform” rating on SIG with a $92 price target, suggesting a hold stance. Market Perform Rating
• Neutral Sentiment: Signet is set to release Q2 2026 earnings before the market opens on September 2, a key catalyst for near-term volatility. Earnings Announcement
• Neutral Sentiment: Human-interest coverage includes a profile of a 5-year-old cancer survivor helping others, reflecting broad media attention. Cancer Survivor Story
• Neutral Sentiment: Entertainment news spotlights Taylor Swift’s engagement to NFL star Travis Kelce, keeping Signet in the pop-culture spotlight. Swift & Kelce Engagement
• Negative Sentiment: Unusually large options activity saw traders buy 2,646 put options on SIG—a 64% jump over the average—signaling significant bearish bets. Unusual Options Trading
• Negative Sentiment: A separate report also highlights high-volume put purchases, reinforcing the bearish sentiment around SIG. High Volume Put Trades