Tag: Death Care Index

Finance

Earnings season on its way: Zacks on Service Corp

If you watched the stock market last week you would see that it bounced around a little bit.  That happens all the time dependent on world events and the business environment, but also four times per year we get in a period where public companies report the business results for the past three month period.  And, we are in that period right now. Funeral Director Daily will follow those reports as they come out and the first company to report […]

Finance

Zacks looks at the funeral industry, an update on the DCI

Last week Vrishali Bagree of Zacks presented an article that appeared on Nasdaq.com.  It was entitled “Rising demand keeps funeral industry going:  Four stocks to watch”.  You can read that article here. In essence the article tells that the Zacks Funeral Services industry is housed within the broader Zacks Consumer Staples sector.  According to the article, Zacks ranks 250 different industries and the Funeral Service industry ranks quite high at #25. Zacks also says this about the Funeral Services industry,  […]

Finance

Checking up on the DCI — down about 34% year to date

It’s been a while since Funeral Director Daily has updated its proprietary Death Care Index or DCI.  While not a scientific weighting of public company death care stocks it does give some semblance to what the investment community is thinking about the funeral, cemetery, crematory, and preneed services business community and the direction that they are heading. The DCI is comprised of eight public companies and its value is derived at by looking at what the total aggregate value of […]

Finance

Earnings week fast upon us. . . DCI moving up

If you follow Wall Street and the American stock market you will know that we are in the period of the summer where public companies start to report their earnings as of June 30.  For most of the companies who operate on a calendar year this is their 2nd Quarter results and gives investors a look at how a company is doing midway through the year.  For some companies who have differing fiscal years, the report may represent their 3rd […]

Finance

Death Care Index lags Dow Jones

For those of you who follow the public companies in the death care industry we at Funeral Director Daily have initiated coverage of  what we call the Death Care Index (DCI) for the last couple of years to help you get a context of how our industry is comparing to the market as a whole.  Our DCI consists of eight stocks who have at least a portion of their business in the death care industry. We follow companies that manufacture […]

Finance

Markets flat for ’18, DCI drops

  After Friday’s market close I thought it might be a good time to check up with what has happened in the Death Care industry since the beginning of the year.  As you know the Funeral Director Daily Death Care Index (DCI) is made up of the value of one share of stock for eight different death care industry companies. While we have found that major market indices are rather flat for the year, we have noticed that the DCI […]

Finance

Security National’s Earnings almost Double

Security National Financial Corporation, a member of the Funeral Director Daily Death Care Index (DCI) of public companies recorded 3rd quarter 2018 after-tax earnings of $2.014 million as compared to last year’s 3rd quarter profits of $1.097 million.  You can read the company’s complete press release here. The company which operates in the Life Insurance, Cemetery/Mortuary, and Mortgage segments reported 3rd quarter revenues down from 2017 to $67.2m as compared to $71.8m.  The entire decrease in revenues came from the […]

Finance

The Death Care Index and an Upwards Earning Trend

Funeral Director Daily has established the DCI or Death Care Index for eight publicly traded companies that operate in the death care industry.  The companies, all headquartered in North America, operate in the financial (preneed) sector, the manufacturing (caskets and monuments) sector, or the retail (funeral home and cemetery) sector. The companies include Security National Financial Corporation, Service Corporation International, Hillenbrand Industries, Matthews International, Assurant, StoneMor Partners, Carriage Services, and Park Lawn Corporation.  The last time we tracked the stocks […]

Finance

Assurant Performance Holds Back Death Care Index

Friday marked the stock market’s first “quadruple witching day” of 2018 so we thought it might be a good time to look at the performance of the death care industry stocks and how they performed in the first 2 1/2 months of the 2018 market.  Funeral Director Daily’s Death Care Index or DCI is a compilation of eight public companies in North America and represents the total stock price if you held one share of each stock – it is […]

Finance

Security National Liquidates Apartment Complex

Security National Life Insurance Company, a stock featured in the Funeral Director Daily Death Care Index (DCI), announced in a press release yesterday that they have sold the Dry Creek Apartments, a 282 unit multifamily complex in Sandy, Utah.  You can read the release here. The company is involved in three business segments that really does not include apartment complexes.  Their business segments include life insurance, mortgage banking, and death care services.  Security National President Scott Quist did say, “We […]