Service Corporation International (NYSE:SCI) Receives Average Rating of “Buy” from Brokerages

Shares of Service Corporation International (NYSE:SCI) have earned a consensus rating of “Buy” from the five analysts that are currently covering the company, MarketBeat reports. Five analysts have rated the stock with a buy rating. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $98.00.

Several equities research analysts have recently issued reports on the company. Weiss Ratings upgraded Service Corporation International from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, April 24th. Wall Street Zen cut Service Corporation International from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. JPMorgan Chase & Co. assumed coverage on Service Corporation International in a report on Tuesday, January 20th. They set an “overweight” rating and a $110.00 price objective on the stock. Finally, Oppenheimer raised their price objective on Service Corporation International from $94.00 to $97.00 and gave the stock an “outperform” rating in a report on Thursday, April 2nd.

Service Corporation International Price Performance

Shares of NYSE:SCI opened at $86.41 on Thursday. The business’s fifty day moving average price is $81.84 and its two-hundred day moving average price is $80.73. The stock has a market cap of $11.99 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 1.91 and a beta of 0.97. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.50 and a current ratio of 0.55. Service Corporation International has a one year low of $74.14 and a one year high of $88.67.

Service Corporation International (NYSE:SCI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.03). Service Corporation International had a return on equity of 34.21% and a net margin of 12.59%.The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter last year, the business earned $0.96 EPS. Service Corporation International’s revenue for the quarter was up 2.1% compared to the same quarter last year. Service Corporation International has set its FY 2026 guidance at 4.050-4.350 EPS. On average, analysts forecast that Service Corporation International will post 4.2 EPS for the current fiscal year.

Service Corporation International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.6%. This is a positive change from Service Corporation International’s previous quarterly dividend of $0.32. The ex-dividend date was Friday, March 13th. Service Corporation International’s payout ratio is 35.79%.

Insider Buying and Selling at Service Corporation International

In other news, Director Tony Coelho sold 7,700 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $79.87, for a total transaction of $614,999.00. Following the sale, the director owned 28,388 shares in the company, valued at $2,267,349.56. This trade represents a 21.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Tammy R. Moore sold 5,000 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $80.48, for a total value of $402,400.00. Following the sale, the chief accounting officer owned 21,654 shares in the company, valued at $1,742,713.92. This trade represents a 18.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Steigerwald Gordon & Koch Inc. purchased a new position in shares of Service Corporation International in the 3rd quarter worth $33,000. Root Financial Partners LLC purchased a new position in shares of Service Corporation International in the 3rd quarter worth $34,000. Quent Capital LLC purchased a new position in shares of Service Corporation International in the 3rd quarter worth $34,000. Sunbelt Securities Inc. purchased a new position in shares of Service Corporation International in the 3rd quarter worth $42,000. Finally, Sentry Investment Management LLC purchased a new position in shares of Service Corporation International in the 3rd quarter worth $46,000. 85.53% of the stock is owned by hedge funds and other institutional investors.

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.