Finance
Much like many of you, I’m an amateur investor that likes to watch what is happening to public sector stocks in the death care industry. Today I’m going to take a look at a couple of stocks that I own in the industry – Service Corporation International and Carriage Services — and try to deduce…
Read MoreLast week we learned that Orlando based Foundation Partners Group had acquired The Island Funeral Home and Crematory and Cremation Simplified in Hilton Head, South Carolina. According to a press release that you can read here, that purchase expanded Foundation Partner’s network of funeral homes in South Carolina to eleven locations. Funeral Director Daily take: …
Read MoreToday’s earlier post was on the Park Lawn Corporation acquiring a funeral home in North Carolina. It sometimes amazes me that these acquisitions seem to happen in bunches and today we received an announcement out of Toronto that goes to that point. I woke up this morning to find a press release that you can…
Read MoreWe did not see a press release on such, but we recently noticed that StoneMor Partners has began using a new logo. From our point of view it is appropriate as the company has had some rough times over the last couple of years with the stock price falling from the mid $20’s to Friday’s…
Read MoreFoundation Partners, based in Orlando, Florida recently announced that they had made an acquisition to their family of brands. They announced that they had acquired Legacy Funeral & Cremation Care in San Diego County, California. You can read a press release here. The purchase from the Savino family represents an opening into the San Diego…
Read MoreCanadian public company Park Lawn Corporation announced their 2nd quarter financial results this week. You can see the company’s press release here. According to the company, “The results show solid operating performance across the majority of the business, particularly in the CMS Mid-Atlantic and Saber business segments of the company. Here are some of the…
Read MoreAs we come to the end of the earnings reporting period for the public death care companies we give you the quarterly report for Security National Financial Corporation. Security National is the Utah based public company that operates in three segments — insurance, cemeteries and funerals, and mortgages. Funeral Director Daily is most focused on…
Read MoreQuinn Foley of Seeking Alpha offers his assessment of public funeral service company Carriage Services here. This is a recent analysis following the company’s 2nd Quarter financial report. Funeral Director Daily note: Canadian public funeral home and cemetery company Park Lawn Corporation reports earnings following the market close today. Stay tuned for our report on…
Read MoreAssurant reported their 2nd Quarter results last week. You can read their report here. The worldwide conglomerate operating in the insurance and warranty business has one of its three business segments that operates in what they call “Global Preneed”. That is the part of the company that we at Funeral Director Daily like to review.…
Read MoreHillenbrand Industries reported fiscal 3rd Quarter 2018 results last week and while positive for the company as a whole, the Batesville Casket Division reported revenue decreases for the quarter of 6%. The company, as a whole, delivered earnings of $0.57 per share as compared to analysts estimates of $0.56 per share. You can see their…
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