Service Corporation International (NYSE:SCI) Announces Earnings Results, Beats Expectations By $0.01 EPS

Service Corporation International (NYSE:SCI) posted its earnings results on Wednesday. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.89 by $0.01, FiscalAI reports. Service Corporation International had a net margin of 12.36% and a return on equity of 34.30%. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the business posted $0.88 earnings per share. The business’s quarterly revenue was up 3.6% on a year-over-year basis. Service Corporation International updated its FY 2026 guidance to 4.100-4.300 EPS.

Service Corporation International Stock Performance

NYSE SCI traded up $0.51 during trading on Thursday, hitting $86.19. The company’s stock had a trading volume of 285,408 shares, compared to its average volume of 1,301,583. Service Corporation International has a 52 week low of $68.41 and a 52 week high of $90.99. The firm has a market cap of $11.89 billion, a P/E ratio of 22.95, a price-to-earnings-growth ratio of 1.90 and a beta of 0.84. The firm has a 50 day moving average price of $76.19 and a 200 day moving average price of $79.46. The company has a quick ratio of 0.52, a current ratio of 0.57 and a debt-to-equity ratio of 3.22.

Service Corporation International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a $0.36 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.44 annualized dividend and a yield of 1.7%. This is an increase from Service Corporation International’s previous quarterly dividend of $0.34. Service Corporation International’s dividend payout ratio (DPR) is presently 37.99%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on SCI shares. JPMorgan Chase & Co. decreased their price target on Service Corporation International from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. UBS Group cut their price objective on Service Corporation International from $95.00 to $93.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Oppenheimer boosted their target price on Service Corporation International from $94.00 to $97.00 and gave the stock an “outperform” rating in a report on Thursday, April 2nd. Weiss Ratings cut Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. Finally, Wall Street Zen downgraded Service Corporation International from a “hold” rating to a “sell” rating in a report on Sunday, June 28th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $95.00.

Key Stories Impacting Service Corporation International

Here are the key news stories impacting Service Corporation International this week:

• Positive Sentiment: Quarterly results exceeded expectations. SCI reported adjusted earnings of $0.90 per share, versus the $0.89 consensus estimate and $0.88 a year earlier. Revenue rose 3.6% year over year to approximately $1.10 billion, ahead of the $1.08 billion estimate. Service Corp. Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Profitability and cash generation improved. GAAP diluted EPS increased to $0.90 from $0.86, net income rose to $124.8 million from $122.9 million, and operating cash flow jumped 43% to $238.7 million. SCI also raised the midpoint of its 2026 adjusted operating cash-flow outlook to $1.085 billion. SCI Q2 Revenue Rises 4% to $1.1 Billion
• Positive Sentiment: Full-year earnings guidance was maintained. SCI reaffirmed its 2026 adjusted EPS range of $4.10-$4.30, with a $4.20 midpoint above the analyst consensus of $4.13. This suggests management remains confident in its earnings outlook. SCI Announces Second Quarter 2026 Financial Results
• Neutral Sentiment: Governance scrutiny remains a potential overhang. Shareholder-driven questions concerning board governance were highlighted around SCI’s 2026 annual meeting, although the available report does not indicate an immediate operational impact. SCI Faces Shareholder-Driven Board Governance Scrutiny
• Negative Sentiment: Insider selling may temper enthusiasm. Two SCI insiders sold shares during the past six months, with no reported insider purchases. The sales are not necessarily tied to the earnings release but could modestly weigh on sentiment.

Institutional Investors Weigh In On Service Corporation International

Several hedge funds and other institutional investors have recently modified their holdings of SCI. Brighton Jones LLC acquired a new position in Service Corporation International during the 4th quarter valued at $435,000. Resources Management Corp CT ADV grew its position in Service Corporation International by 6.3% in the 2nd quarter. Resources Management Corp CT ADV now owns 32,308 shares of the company’s stock worth $2,630,000 after purchasing an additional 1,908 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Service Corporation International by 145.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 42,967 shares of the company’s stock worth $3,498,000 after purchasing an additional 25,431 shares during the period. Public Employees Retirement System of Ohio increased its holdings in shares of Service Corporation International by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 43,521 shares of the company’s stock worth $3,622,000 after purchasing an additional 270 shares during the period. Finally, Captrust Financial Advisors raised its position in shares of Service Corporation International by 7.3% during the second quarter. Captrust Financial Advisors now owns 45,771 shares of the company’s stock valued at $3,726,000 after buying an additional 3,095 shares during the last quarter. Institutional investors and hedge funds own 85.53% of the company’s stock.

About Service Corporation International

Service Corporation International (NYSE: SCI) is a leading provider of funeral, cremation and cemetery services in North America. Through its network of funeral homes, cemeteries, memorial parks and crematoria, the company offers a broad array of end-of-life services, including traditional funeral ceremonies, memorialization, burial and cremation. In addition to core services, SCI provides grief counseling, pre-need planning and merchandise such as caskets, vaults, urns and memorialization products.

Headquartered in Houston, Texas, Service Corporation International operates more than 1,900 funeral homes, over 450 cemeteries and 40 combination facilities across the United States and Canada.