Service Corporation International (NYSE:SCI – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.100-4.300 for the period, compared to the consensus earnings per share estimate of 4.130. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Weiss Ratings downgraded Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. Oppenheimer boosted their price objective on Service Corporation International from $94.00 to $97.00 and gave the company an “outperform” rating in a research note on Thursday, April 2nd. JPMorgan Chase & Co. lowered their target price on shares of Service Corporation International from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Wall Street Zen cut shares of Service Corporation International from a “hold” rating to a “sell” rating in a report on Sunday, June 28th. Finally, UBS Group reduced their price target on shares of Service Corporation International from $95.00 to $93.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.00.
Read Our Latest Stock Analysis on SCI
Service Corporation International Stock Performance
Service Corporation International (NYSE:SCI – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.01. 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 during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the company posted $0.88 earnings per share. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. Sell-side analysts anticipate that Service Corporation International will post 4.15 earnings per share for the current year.
Service Corporation International Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.7%. This is an increase from Service Corporation International’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Monday, June 15th. Service Corporation International’s dividend payout ratio is 37.99%.
Trending Headlines about Service Corporation International
Here are the key news stories impacting Service Corporation International this week:
- Positive Sentiment: Q2 results exceeded expectations: SCI reported adjusted earnings of $0.90 per share, ahead of the $0.89 consensus and up from $0.88 a year earlier. Revenue increased approximately 3.6% year over year to $1.103 billion, surpassing estimates of $1.08 billion. Cemetery operations and preneed sales contributed to the growth. Service Corp. Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: Cash flow outlook improved: Operating cash flow rose 43% year over year to $238.7 million. Management raised the midpoint of its 2026 adjusted operating cash-flow guidance to $1.085 billion, while maintaining its $4.20 adjusted EPS midpoint. The full-year EPS range remains $4.10 to $4.30, broadly above the current analyst consensus midpoint. SCI Announces Second Quarter 2026 Financial Results
- Positive Sentiment: Underlying profitability remained solid: Net income attributable to common stockholders increased to $124.8 million from $122.9 million in the prior-year quarter. The earnings call provided investors with additional detail on cemetery growth, preneed demand and the company’s financial outlook. SCI Q2 2026 Earnings Call Transcript
- Neutral Sentiment: Shareholder governance scrutiny: SCI faces shareholder-driven questions involving board governance following its 2026 annual meeting. The issue could increase engagement or pressure on the company, but no immediate financial impact was disclosed. SCI Faces Shareholder-Driven Board Governance Scrutiny
- Negative Sentiment: Insider selling is a minor caution: Two SCI insiders sold shares during the past six months, with no reported insider purchases. Such transactions do not necessarily indicate a change in fundamentals but may weigh modestly on sentiment.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Marshall Wace LLP boosted its stake in shares of Service Corporation International by 31.8% during the 3rd quarter. Marshall Wace LLP now owns 549,162 shares of the company’s stock worth $45,701,000 after acquiring an additional 132,591 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Service Corporation International by 48.7% during the first quarter. Goldman Sachs Group Inc. now owns 417,387 shares of the company’s stock worth $33,474,000 after purchasing an additional 136,770 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of Service Corporation International by 3.2% in the 4th quarter. California State Teachers Retirement System now owns 139,415 shares of the company’s stock worth $10,870,000 after buying an additional 4,310 shares in the last quarter. Royal Bank of Canada grew its stake in Service Corporation International by 38.8% in the 1st quarter. Royal Bank of Canada now owns 121,883 shares of the company’s stock valued at $9,775,000 after acquiring an additional 34,051 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in Service Corporation International by 7.3% in the 2nd quarter. Captrust Financial Advisors now owns 45,771 shares of the company’s stock valued at $3,726,000 after acquiring an additional 3,095 shares during the last quarter. 85.53% of the stock is currently owned by institutional investors and hedge funds.
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.
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