Service Corporation International (NYSE:SCI) Updates FY 2026 Earnings Guidance

Service Corporation International (NYSE:SCI) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.100-4.300 for the period, compared to the consensus estimate of 4.130. The company issued revenue guidance of -.

Service Corporation International Stock Up 0.8%

Shares of NYSE:SCI traded up $0.66 during mid-day trading on Wednesday, hitting $85.64. 1,948,483 shares of the company traded hands, compared to its average volume of 1,106,859. The stock has a market cap of $11.82 billion, a P/E ratio of 22.02, a P/E/G ratio of 1.90 and a beta of 0.84. The company has a current ratio of 0.57, a quick ratio of 0.52 and a debt-to-equity ratio of 3.22. Service Corporation International has a 12-month low of $68.41 and a 12-month high of $88.67. The stock has a 50-day moving average price of $76.19 and a two-hundred day moving average price of $79.46.

Service Corporation International (NYSE:SCI) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.08 billion. Service Corporation International had a net margin of 12.36% and a return on equity of 34.30%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.88 EPS. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. On average, equities research analysts forecast that Service Corporation International will post 4.15 earnings per share for the current year.

Service Corporation International Increases Dividend

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

Analysts Set New Price Targets

SCI has been the topic of several recent research reports. Weiss Ratings downgraded Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. JPMorgan Chase & Co. reduced their price target on 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. UBS Group decreased 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 increased 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. Finally, Wall Street Zen downgraded Service Corporation International from a “hold” rating to a “sell” rating in a research note on Sunday, June 28th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.00.

Hedge Funds Weigh In On Service Corporation International

A number of large investors have recently modified their holdings of SCI. Brighton Jones LLC purchased a new position in Service Corporation International in the 4th quarter worth approximately $435,000. Royal Bank of Canada lifted its position in Service Corporation International by 38.8% in the first quarter. Royal Bank of Canada now owns 121,883 shares of the company’s stock valued at $9,775,000 after purchasing an additional 34,051 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Service Corporation International by 48.7% during the first quarter. Goldman Sachs Group Inc. now owns 417,387 shares of the company’s stock valued at $33,474,000 after purchasing an additional 136,770 shares during the period. Focus Partners Wealth boosted its stake in shares of Service Corporation International by 3.1% during the first quarter. Focus Partners Wealth now owns 10,571 shares of the company’s stock valued at $848,000 after purchasing an additional 321 shares during the period. Finally, Baird Financial Group Inc. grew its holdings in shares of Service Corporation International by 32.6% in the second quarter. Baird Financial Group Inc. now owns 9,753 shares of the company’s stock worth $794,000 after purchasing an additional 2,398 shares during the last quarter. 85.53% of the stock is owned by hedge funds and other institutional investors.

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.