Finance

2020: A look back at the public companies

By Funeral Director Daily / January 7, 2021 /

There are a lot of reasons that people may look to get the year 2020 in their rearview mirror.  However, when you look individually at the performance of the public companies in the death care realm for the calendar year, my guess is that almost all of them would be happy to repeat the year’s…

DCI rebounds. . . .Total return almost 7%

By Funeral Director Daily / January 4, 2021 /

I was very fortunate as a youngster because I was schooled on investments and the market by my father.  Giving me, what is now termed “financial literacy”, is one of the greatest gifts I have ever received.  As a matter of fact, as a board member of a Big Ten institution, I have pushed our…

StoneMor Board, Axar Capital allegedly sued over 2020 buyout proposal

By Funeral Director Daily / December 29, 2020 /

From my point of view, the new management and leadership team at StoneMor, Inc. has been executing with all the right decisions to get the Pennsylvania funeral home and cemetery based operator moving forward in a profitable direction.  They have made tough decisions in contracting out cemetery labor, removing it from a direct employee relationship…

Tukios acquires Aftercare.com

By Funeral Director Daily / December 21, 2020 /

Later in this article you can read a press release issued last week that announced the acquisition of Aftercare.com by Tukios.  Tukios is a major player in the video memorial creation software used, by Tukios count, over 5000 funeral homes. In our opinion, at Funeral Director Daily, companies with reach like Tukios, are smart to…

Funeral Nation TV, stock market thoughts, and advertising

By Funeral Director Daily / December 18, 2020 /

As we head into the week before the Christmas Holiday I reprise my role as a guest of hosts Jeff Harbeson and Ryan Thogmartin on their Funeral Nation program. . . this time Episode #210.  The hosts have me back quarterly to discuss death care companies in the public stock markets. . . where I…

Foundation Partners Group adds Florida funeral homes

By Funeral Director Daily / December 10, 2020 /

Earlier this week Foundation Partners Group, the Orlando based funeral home, crematory, and cemetery operator announced that it had purchased a company that operated three locations in Southwest Florida.  You can read the press release on the acquisition here. Foundation Partners Group announced that it had acquired the Akin-Davis Funeral Homes.  They also announced that…

Death Care Index still lags the market

By Funeral Director Daily / December 3, 2020 /

We checked into Funeral Director Daily’s proprietary Death Care Index (DCI) after the markets closed on Monday, the last day of November.  That check-in allowed us to take a look at the eight stocks that make up the DCI and see where they were individually and as a group and how that group compared to…

Matthews reports 4Q and Year End 2020: Memorialization segment is high point

By Funeral Director Daily / November 27, 2020 /

Our reports for the period of July thru September 2020 come to an end with today’s report on Matthews International.  Funeral Director Daily files reports every quarter on the eight public companies that make up our financial Death Care Index (DCI). Today’s report on Matthew’s International, which you can access here, encompasses the mentioned time…

Security National reports 3Q 2020: Hitting on all cylinders

By Funeral Director Daily / November 23, 2020 /

We continue to roll out the earnings reports of the public death care companies and today is no exception.  Today we tell you about one of the quieter companies that is starting to make a name for themselves as they grow. That company is Utah based Security National Financial Corporation (SNFC) and divisions of the…

StoneMor reports 3rd Quarter: Turnaround continues to move forward

By Funeral Director Daily / November 19, 2020 /

A couple of years ago I looked at StoneMor and their operations and told readers that they should, if they had a StoneMor competitor in their market, look at a possible acquisition of that competitor.  Quite frankly, I was of the opinion that the way StoneMor was moving would probably lead to a liquidation and…