Service Corporation International (NYSE:SCI) Receives $95.00 Average PT from Analysts

Service Corporation International (NYSE:SCI) has been given an average rating of “Buy” by the five analysts that are presently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $95.00.

SCI has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Service Corporation International from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. JPMorgan Chase & Co. lowered their price objective 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 “buy (b-)” rating in a research report on Friday, May 8th. UBS Group lowered 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 research report on Friday, May 1st. Finally, Oppenheimer boosted their price objective on shares of Service Corporation International from $94.00 to $97.00 and gave the company an “outperform” rating in a research report on Thursday, April 2nd.

Insider Transactions at Service Corporation International

In other Service Corporation International news, Director Tony Coelho sold 7,700 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $79.87, for a total value of $614,999.00. Following the completion of the sale, the director directly owned 28,388 shares of the company’s stock, valued at $2,267,349.56. The trade was a 21.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Service Corporation International

Large investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC purchased a new stake in Service Corporation International in the 3rd quarter valued at about $34,000. Sunbelt Securities Inc. purchased a new stake in Service Corporation International in the 3rd quarter valued at about $42,000. Sentry Investment Management LLC bought a new stake in shares of Service Corporation International in the 3rd quarter valued at about $46,000. V Square Quantitative Management LLC bought a new stake in shares of Service Corporation International in the 4th quarter valued at about $46,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Service Corporation International in the 4th quarter valued at about $54,000. 85.53% of the stock is owned by hedge funds and other institutional investors.

Service Corporation International Price Performance

SCI stock opened at $75.23 on Monday. Service Corporation International has a 12 month low of $74.99 and a 12 month high of $88.67. The company has a current ratio of 0.57, a quick ratio of 0.52 and a debt-to-equity ratio of 3.22. The company has a 50-day moving average price of $80.57 and a 200 day moving average price of $80.17. The stock has a market cap of $10.38 billion, a PE ratio of 19.85, a P/E/G ratio of 1.71 and a beta of 0.88.

Service Corporation International (NYSE:SCI) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.03). Service Corporation International had a return on equity of 34.30% and a net margin of 12.36%.The firm had revenue of $544.80 million for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the prior year, the firm posted $0.96 earnings per share. Service Corporation International’s revenue for the quarter was up 2.1% on a year-over-year basis. Service Corporation International has set its FY 2026 guidance at 4.050-4.350 EPS. Equities research analysts anticipate that Service Corporation International will post 4.14 earnings per share for the current year.

Service Corporation International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.36 dividend. This is a positive change from Service Corporation International’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.44 annualized dividend and a yield of 1.9%. 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.