Signet Jewelers Q3 EPS Decreased by Telsey Advisory Group

Signet Jewelers Limited (NYSE:SIG) – Equities researchers at Telsey Advisory Group decreased their Q3 2026 earnings estimates for shares of Signet Jewelers in a research report issued to clients and investors on Thursday, March 20th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings per share of $0.21 for the quarter, down from their prior forecast of $0.35. Telsey Advisory Group has a “Market Perform” rating and a $55.00 price target on the stock. The consensus estimate for Signet Jewelers’ current full-year earnings is $8.73 per share. Telsey Advisory Group also issued estimates for Signet Jewelers’ FY2027 earnings at $9.60 EPS.

Signet Jewelers (NYSE:SIG) last released its quarterly earnings results on Wednesday, March 19th. The company reported $6.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.39 by $0.23. Signet Jewelers had a net margin of 8.57% and a return on equity of 28.69%. The firm had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.33 billion. During the same quarter last year, the firm earned $6.73 earnings per share. The company’s revenue for the quarter was down 5.8% on a year-over-year basis.

A number of other equities analysts also recently issued reports on the company. Bank of America lowered their price objective on Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. UBS Group raised their price target on shares of Signet Jewelers from $85.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday, March 20th. Wells Fargo & Company dropped their price target on shares of Signet Jewelers from $95.00 to $80.00 and set an “overweight” rating on the stock in a research report on Thursday, March 20th. Finally, StockNews.com cut shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $81.60.

Signet Jewelers Stock Down 1.8 %

Shares of NYSE:SIG opened at $60.14 on Monday. The business has a fifty day simple moving average of $54.32 and a 200 day simple moving average of $78.06. Signet Jewelers has a 12-month low of $45.55 and a 12-month high of $112.06. The firm has a market cap of $2.62 billion, a P/E ratio of 6.92, a P/E/G ratio of 3.43 and a beta of 2.20. The company has a quick ratio of 0.25, a current ratio of 1.55 and a debt-to-equity ratio of 0.14.

Institutional Investors Weigh In On Signet Jewelers

A number of hedge funds have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its holdings in shares of Signet Jewelers by 149.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 703 shares of the company’s stock worth $57,000 after purchasing an additional 421 shares in the last quarter. Erste Asset Management GmbH acquired a new position in Signet Jewelers during the third quarter worth $77,000. Sterling Capital Management LLC lifted its stake in shares of Signet Jewelers by 832.9% in the fourth quarter. Sterling Capital Management LLC now owns 1,362 shares of the company’s stock valued at $110,000 after buying an additional 1,216 shares in the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of Signet Jewelers by 32.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,656 shares of the company’s stock valued at $123,000 after buying an additional 410 shares in the last quarter. Finally, KBC Group NV grew its holdings in shares of Signet Jewelers by 34.6% during the fourth quarter. KBC Group NV now owns 1,740 shares of the company’s stock valued at $140,000 after buying an additional 447 shares during the last quarter.

Insider Activity at Signet Jewelers

In related news, Director Eugenia Ulasewicz sold 3,333 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $54.13, for a total value of $180,415.29. Following the completion of the sale, the director now directly owns 22,752 shares of the company’s stock, valued at $1,231,565.76. The trade was a 12.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 3.26% of the stock is owned by corporate insiders.

Signet Jewelers Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, April 25th will be given a dividend of $0.32 per share. This is an increase from Signet Jewelers’s previous quarterly dividend of $0.29. The ex-dividend date is Friday, April 25th. This represents a $1.28 annualized dividend and a dividend yield of 2.13%. Signet Jewelers’s dividend payout ratio (DPR) is -168.42%.

About Signet Jewelers

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 Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.