Finance
Carriage Services, an American death care industry consolidator, again teased investors with some good results coupled with some items that they could improve on when they reported their end of year 2017 results last week. In a press release from the company that you can read here, Chief Executive Officer Mel Payne stated, “After eight…
Read MoreService Corporation International of Houston, Texas, the nation’s largest provider of deathcare services reported 4th Quarter and Year End 2017 results on Tuesday, February 13. You can see the financials and read the commentary here. In a statement, Chief Executive Officer Tom Ryan commented, “We delivered a solid quarter as we close out 2017. .…
Read MoreWe’ve said before that 2017 was an unusual year for StoneMor Partners, LP in that they had some key executives leave or retire and, probably partly because of that and an accounting review, they delayed their reporting to the Security and Exchange Commission. They have been working hard and on January 26, 2018, the company…
Read MoreHillenbrand Industries reported 1st Quarter 2018 earnings on January 31. You can read the company’s press release here. President Joe Raver made the following comment, “We are off to a strong start for 2018 with continued momentum in the Process Equipment Group. We remain closely aligned with our customers by providing applications expertise and high…
Read MoreThe Funeral Director Daily Death Care Index (DCI) dropped roughly 2% for the month of January in contrast to the Dow Jones Industrial Average which recorded a 5.79% gain. The DCI, a composite total of eight death care industry public stocks, stood at $290.78 at the close on January 31 in comparison to its mark…
Read MoreMatthews International Corporation reported earnings on January 25. The consolidated company – which operates worldwide in three divisions which includes a division labeled “Memorialization” and includes Matthews Cremation Products and Aurora Casket among others – recorded an increase in sales of over $20 million system-wide for their fiscal year’s 1st Quarter. They also produced non-GAAP…
Read MoreLast week Carriage Services announced that they will continue with their quarterly dividend of 7.5 cents per share. The dividend will be payable on March 1, 2018, to shareholders of record as of February 12, 2018. This amount of $0.075 per quarter translates into a dividend yield for Carriage Services on an annual basis of…
Read MoreI read an article published on Friday by Samuel Leathers and featured on the site, Seeking Alpha. The crux of the article, which you can read here, is the author’s opinion that a better way to play the “Graying of America” demographic in the stock market than senior housing and the nursing home industry is…
Read MoreIn an article from the Think Advisor which you can read here it was reported that Ogden, Utah based pre-need life insurer Great Western Life Insurance is going to be acquired by American Republic Insurance of Des Moines, Iowa. Great Western is a privately held life insurance company, specializing in Pre-Need funeral insurance started by…
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