cemetery business
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 saw the American stock markets drop almost five percent before making a partial comeback on Friday. Who knows what will happen today, but depending on who you listen to the markets were spooked by rising interest rates, rising oil prices, and rising potential inflation which can cause changes in business success dependent…
Read MoreA lot happened at the end of last week in the Death Care industry and we will try to give you just a little idea of that as we catch up from over the weekend. StoneMor Partners, L.P. announced in this press release that they will be announcing a corporate transition from a Master Limited…
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 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 MoreYou only have to read the first page of Carriage Service’s press release, which you can read here, to understand that CEO Mel Payne was not thrilled with Carriage’s 2nd quarter numbers. The third paragraph of the release states, “We have complete confidence that our operating leadership is effectively dealing with the revenue and margin…
Read MoreCarriage Services, the Houston based funeral home and cemetery consolidator and operator announced 2nd Quarter 2018 earnings yesterday and with that report, that you can access here, found their common stock losing about 5% of its value. Analysts had predicted earnings in the range of about $0.37 per share and the report brought earnings in…
Read MoreOne of the advantages of getting older, grayer, and more experienced in business is that you get a lot of time to reflect on the many things that have happened in the past and then can try to understand how you can put that knowledge into today’s society. One of the terms I thought about…
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