Tag: funeral home stocks

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

Investment thinking on Service Corporation International

In my morning e-mail on investment opportunities this morning was an opinion on Service Corporation International.  Michael Gayed of Seeking Alpha wrote a short piece on SCI as an investment opportunity that I thought I would pass on to my readers.  You can read Gayed’s piece here. What I found interesting in the article was not necessarily stock market or business related but demographic related.  Just last week I wrote an article for Funeral Director Daily entitled “It’s about Demographics” […]

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

A Tale of Two Stocks

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 what has led to their divergent fortunes of the stock prices in the past year. First of all when you look at the companies, they […]

Finance

Hillenbrand Reports Earnings – Casket Revenues Drop 6%

Hillenbrand Industries reported fiscal 3rd Quarter 2018 results last week and while positive for the company as a whole, the Batesville Casket Division reported revenue decreases for the quarter of 6%.  The company, as a whole, delivered earnings of $0.57 per share as compared to analysts estimates of $0.56 per share. You can see their report here. The company, which has really transformed itself since 2008 as an industrial processing company, reported revenue increases of 13% for both the quarter […]

Finance

Service Corporation Reports 1Q 2018

It is earnings time for public companies and today we are reporting on what Service Corporation International reported in their 1st  Quarter report of 2018.  You can see their complete press release, including financial information, here. In essence, Tom Ryan, SCI’s CEO, made the following statements: “. . .earnings per share growth of 9 cents (to 47 cents total) or about 24% over last year. . .about half of this increase was. .  attributable to improved operating performance in our […]

Finance

StoneMor Press Release Tells of Delay for Form 10-K

StoneMor Partners issued a press release last week that it will not file its Annual Report on Form 10-K for the fiscal year ended December 31, 2017 by its due date of April 2, 2018.  They are seeking a waiver to extend the date by which the Form 10-K must be filed.  You can read the press release here. In the same release StoneMor also provided preliminary unaudited financial information for the 2017 year.  Here are some of the highlights: […]

Finance

Funeral Stocks Announce Dividends

It may be Presidents’ Day today, but at Funeral Director Daily it feels a little more like Finance Day.  We have already let you know about Carriage Services 4th  quarter and year end results and on how their stock fared on Friday after the announcement. We just came across a little bit of finance information that we thought it better to include today rather than wait for tomorrow – when the ticker prices will be different.  Last week three of […]

Finance

Hillenbrand Reports 1st Quarter, Revises Adjusted EPS Upward

Hillenbrand 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 engineered product solutions to solve their most challenging business needs.  As a result, we delivered continued revenue growth, strong operating leverage, and a solid order […]