funeral business

Service Corporation Reports 4th Quarter and Year End

By Funeral Director Daily / February 15, 2018 /

Service 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.  .…

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Solving Perpetual – and Growing – Problems in the Industry

By Funeral Director Daily / February 14, 2018 /

The other day I was going thru my daily articles of the industry when I came across two articles, that while not unique to what I read, caused me to pause to think — “How will we solve these problems?”  Because, I don’t think that these problems are going to go away with out some…

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Looking from the Outside In

By Funeral Director Daily / February 9, 2018 /

Sometimes when you really need to know about your business, you should listen to somebody from the outside.  They see that perspective from another view — and many times it is the view that Mr. Outside can see that Mr. Inside has overlooked. So, today, I have found two articles from the people on the…

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The Pricing Conundrum

By Funeral Director Daily / February 8, 2018 /

There is no doubt that in any business the pricing of the product or service must work on at least two levels.  The first level being that the price is appropriate enough to draw the customer to – or at least not drive the customer away – from the business.  This would be known as…

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Carriage Services Announces Dividend

By Funeral Director Daily / January 29, 2018 /

Last 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…

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Great Western Insurance Company to be Acquired

By Funeral Director Daily / January 9, 2018 /

In 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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What Will 2018 Bring for the Public Companies?

By Funeral Director Daily / January 3, 2018 /

Yesterday we gave you a recap of the death care public companies that make up the Death Care Index and their performance in 2017.  We also promised that we would bring you some ideas that we have where those companies may be headed in the year ahead.  Again, please couch your thoughts with the fact…

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Propel Funeral Partners Stock Rising

By Funeral Director Daily / December 29, 2017 /

Propel Funeral Partners, the funeral home, cremation, and cemetery company that serves Australia and New Zealand is seeing their stock continue to rise since their initial public offering (IPO) in November.  According to an article in the Motley Fool from December 27, 2017, the stock has moved from an IPO price of AUS $2.70 to…

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Not Just an American Phenomena

By Funeral Director Daily / November 27, 2017 /

Over the last week I ran into an article in the Australian news about the funeral service provider Propel Funeral Partners.  You can read the article for yourself here. Propel Funeral Partners has been in business for over five years but just last week took its stock public on the Australian Stock Exchange raising $131…

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Federal Judge Dismisses Lawsuit against StoneMor

By Funeral Director Daily / November 8, 2017 /

U.S. District Judge Eduardo C. Robreno, of the Eastern District of Pennsylvania has dismissed a class action lawsuit against StoneMor Partners L.P. according to an article in the Delaware County Times.  In this lawsuit, lead plaintiffs Judson Anderson was trying to show that investors were misled and/or materially harmed by statements StoneMor made between March…

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