Workflow
Signet Jewelers Stock Pops on Quarterly Beat, Dividend Hike
SIGSignet(SIG) Schaeffers Investment Research·2025-03-19 14:06

Signet Jewelers Ltd (NYSE:SIG) stock is up 23.7% to trade at 59.83atlastcheck,afterthecompanybeatfourthquarterearningsandrevenueestimates.Thepreciousjewelryretaileralsoissuedastrongcurrentquarterforecast,andannouncedadividendhikeof1059.83 at last check, after the company beat fourth-quarter earnings and revenue estimates. The precious jewelry retailer also issued a strong current-quarter forecast, and announced a dividend hike of 10%.Pacing for its best single-day percentage gain since June 2020, SIG is breaking above resistance at the 52 level on a bounce off its March 13, four-year low of $45.55. Shares are trimming their 42.4% year-over-year deficit, and earlier conquere ...