Finance
According to the Milestone Funeral Partners website, which you can access here, and information placed on social media, the Maine-based funeral home operator and consolidator added four funeral home businesses to their number in the last couple of months. Announced on August 8 on the company website was information about the acquisition of the…
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Maybe there is something to the ongoing prediction that a whole lot of funeral homes will be changing hands in the next 3 to 5 years. Barely after we were able to get a press release from Park Lawn Corporation out about a funeral home/cemetery expansion in New Mexico we received this press…
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According to this press release from Park Lawn Corporation, the funeral home and cemetery consolidator added what they call their Taos Memorial Gardens adjacent to their existing DeVargas Funeral Home in Taos, New Mexico. In a prepared statement from the press release Park Lawn Corporation Chief Executive Officer Jennifer W. Hay made this…
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This article from Yahoo Finance will inform you that the major indexes of the American stock market all closed at record highs last Friday. During the same week the 3rd Quarter of the year closed and the Funeral Director Daily Death Care Index (DCI) reported a close that indicated a 3.60% increase for…
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Morgan Stanley, a global financial services firm that provides a wide range of products and services, including investment banking, wealth management, consumer banking, and brokerage services, recently made this comment in an article, “Life insurance companies have rapidly evolved into influential players in the credit markets. Their growing footprint is not merely a function…
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Public funeral home operator Propel Funeral Partners released their Fiscal Year 2025 results recently and the results which cover the period of July 1, 2024, to June 30, 2025, show higher revenue and higher net profits for the company. On the downside, however, Propel Funeral Partners (PFP) showed a contraction in funeral volumes…
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According to the company website of Carriage Services they operate 23 locations in the state of Florida. It appears that as of last week when we received this press release from Carriage Services that they are adding two more funeral homes to that total. According to that press release Carriage Services has acquired the…
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I read a lot of different articles. Recently I read an article about investing that contrasted “Dividend Investing” and “Growth Investing”. The article was very interesting but it also made me think about my time as a funeral home owner and how I managed the profits, or cash-flow, of the business. In…
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It’s been pretty easy to recognize that the management team that replaced founder and long-time CEO Melvin Payne at Carriage Services has been building the foundations of the business in order to begin once again making acquisitions for growth. That has probably been a necessary strategy but it also was noted by some investors…
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There is no doubt that while many investors (and President Trump) have waited for the Federal Reserve to set lower interest rates going forward and negotiated tariff rates lots of other investors have simply stayed invested and have found gains in the stocks of the S&P 500, the Dow Jones Industrial Average, and…
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