Share on StockTwits

Signet Jewelers (NYSE:SIG) announced a quarterly dividend on Tuesday, June 17th, Analyst Ratings News reports. Shareholders of record on Friday, August 1st will be paid a dividend of 0.18 per share on Wednesday, August 27th. This represents a $0.72 annualized dividend and a dividend yield of 0.66%. The ex-dividend date is Wednesday, July 30th.

SIG has been the subject of a number of recent research reports. Analysts at ISI Group raised their price target on shares of Signet Jewelers to $120.00 in a research note on Friday, May 30th. On the ratings front, analysts at Telsey Advisory Group raised their price target on shares of Signet Jewelers from $112.00 to $120.00 in a research note on Friday, May 30th. They now have a “not rated” rating on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Signet Jewelers from $105.00 to $115.00 in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $114.76.

Signet Jewelers (NYSE:SIG) traded up 1.20% during mid-day trading on Tuesday, hitting $108.84. The stock had a trading volume of 718,099 shares. Signet Jewelers has a one year low of $64.95 and a one year high of $108.82. The stock’s 50-day moving average is $103.3 and its 200-day moving average is $91.70. The company has a market cap of $8.729 billion and a price-to-earnings ratio of 23.23.

Signet Jewelers (NYSE:SIG) last released its earnings data on Thursday, May 22nd. The company reported $1.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.27 by $0.02. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the company posted $1.13 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. Analysts expect that Signet Jewelers will post $5.17 EPS for the current fiscal year.

Signet Jewelers Limited (NYSE:SIG) is a specialty retail jeweler by sales in the United States and United Kingdom, and also has stores in the Republic of Ireland and Channel Islands.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.