Finance
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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According to this recent article from Insurance News Net, an August decision from the U.S. District Court for the District of Montana will allow a 2024 filed lawsuit to proceed for Montana funeral directors who claim a “premium financing scheme cost them millions”. Again, according to the article, the plaintiffs operate the Stevenson…
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There’s always a risk when a funeral home firm acquires another location. There’s even more risk when a funeral home acquires a location that has had its license suspended by a state board of funeral directors. However, as you can read and view in this report from Pennsylvania’s WTAJ-TV News that’s exactly…
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A recent opinion article from Seeking Alpha author Lighting Rock Research concludes that “After two years of deleveraging and portfolio optimization, I think this is a turning point for Carriage Services to pursue acquisitions and grow its core funeral and cemetery businesses.” Here are a couple of bullet points from the article whereby…
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Security National Financial Corporation (SNFC), the Utah-based company that has interests in the pre-planning, insurance assignment, mortuary, and cemetery business reported their 2nd Quarter results of 2025 last week. To sum up the company’s results, both of the 2nd Quarter 2025 and 6-month 2025 financials show an “overall” increase in revenue but…
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Service Corporation International (SCI) conducted their 2nd Quarter 2025 Earnings Call where they answered questions from investment experts about two weeks ago. You can access a copy of the transcript here. During the Question and Answer session of that call SCI’s Executive Vice-President and CFO Eric Tansberger responded to a question about…
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