Signet Jewelers Limited (SIG) To Go Ex-Dividend on October 24th

Signet Jewelers Limited (NYSE:SIG) declared a quarterly dividend on Tuesday, September 2nd. Shareholders of record on Friday, October 24th will be given a dividend of 0.32 per share on Friday, November 21st. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, October 24th.

Signet Jewelers has a payout ratio of 14.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Signet Jewelers to earn $8.91 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 14.4%.

Signet Jewelers Price Performance

Signet Jewelers stock opened at $104.75 on Wednesday. Signet Jewelers has a 52-week low of $45.55 and a 52-week high of $106.83. The firm has a market capitalization of $4.29 billion, a P/E ratio of 35.15, a P/E/G ratio of 1.21 and a beta of 1.23. The stock has a fifty day moving average price of $92.85 and a two-hundred day moving average price of $78.76.

Signet Jewelers (NYSE:SIG) last announced its earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.40. Signet Jewelers had a return on equity of 23.42% and a net margin of 1.95%.The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period last year, the company posted $1.25 earnings per share. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS. On average, equities research analysts predict that Signet Jewelers will post 8.73 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SIG. Wall Street Zen upgraded Signet Jewelers from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Weiss Ratings restated a “hold (c)” rating on shares of Signet Jewelers in a report on Wednesday, October 8th. Wells Fargo & Company restated a “cautious” rating on shares of Signet Jewelers in a report on Tuesday, September 2nd. Bank of America raised their target price on Signet Jewelers from $90.00 to $100.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Finally, Citigroup raised their target price on Signet Jewelers from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $97.71.

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.