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

Service Corporation International (NYSE:SCI) has received a consensus recommendation of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $95.00.

A number of research firms have recently weighed in on SCI. JPMorgan Chase & Co. decreased their price target on shares of Service Corporation International from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Weiss Ratings cut shares of Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Wall Street Zen downgraded shares of Service Corporation International from a “hold” rating to a “sell” rating in a research note on Sunday, June 28th. UBS Group decreased their price objective on shares of Service Corporation International from $95.00 to $93.00 and set a “buy” rating for the company in a report on Friday, May 1st. Finally, Oppenheimer boosted their target price on shares of Service Corporation International from $94.00 to $97.00 and gave the stock an “outperform” rating in a research report on Thursday, April 2nd.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SCI. Sunbelt Securities Inc. bought a new stake in shares of Service Corporation International in the 3rd quarter valued at approximately $42,000. V Square Quantitative Management LLC bought a new position in Service Corporation International during the fourth quarter worth $46,000. Root Financial Partners LLC boosted its holdings in Service Corporation International by 35.7% in the first quarter. Root Financial Partners LLC now owns 612 shares of the company’s stock worth $50,000 after purchasing an additional 161 shares during the period. Los Angeles Capital Management LLC acquired a new position in Service Corporation International in the fourth quarter worth $54,000. Finally, Aventura Private Wealth LLC bought a new stake in Service Corporation International during the fourth quarter valued at $66,000. Institutional investors own 85.53% of the company’s stock.

Service Corporation International Trading Down 1.0%

NYSE:SCI opened at $77.95 on Tuesday. The company has a debt-to-equity ratio of 3.22, a quick ratio of 0.52 and a current ratio of 0.57. Service Corporation International has a one year low of $68.41 and a one year high of $88.67. The business’s 50-day simple moving average is $75.70 and its 200 day simple moving average is $79.32. The stock has a market cap of $10.75 billion, a price-to-earnings ratio of 20.57, a price-to-earnings-growth ratio of 1.77 and a beta of 0.84.

Service Corporation International (NYSE:SCI) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.03). Service Corporation International had a net margin of 12.36% and a return on equity of 34.30%. The business had revenue of $544.80 million for the quarter, compared to analyst estimates of $1.09 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. As a group, sell-side analysts predict that Service Corporation International will post 4.14 earnings per share for the current fiscal year.

Service Corporation International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.36 dividend. This is an increase from Service Corporation International’s previous quarterly dividend of $0.34. This represents a $1.44 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Monday, June 15th. Service Corporation International’s dividend payout ratio is presently 37.99%.

Service Corporation International Company Profile

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.