Tag: funeral stocks

Finance

DCI indicates “Death Care” stocks left behind. . . appearance on Funeral Nation

With today being the last day in the business calendar of the first eight months of the year and April to June reports all in, I thought it might be a good time to find out where the Death Care Index is sitting in relation to the stock market in general.  The Death Care Index, or DCI, is Funeral Director Daily’s proprietary monitoring system of the death care public company financial values. The DCI is non-scientific, but represents the total […]

Finance

Investors still reluctant with death care stocks

I happened to see that at the close of the markets Friday that funeral home and cemetery operator and consolidator Park Lawn Corporation’s stock closed down over 9% from the previous day.  I looked for news on the company but could not find anything in the public world that would cause a precipitous drop in valuation like that. What it did cause me to do was take a look at all the other death care stocks that comprise the Funeral […]

Finance

Public funeral home companies and 2019

I will preface this article to say that it is being written on Friday, January 10.  Because of that all prices quoted come from the end of the day on Thursday, January 9.  I will also say I am not a stock security analyst and all opinions are mine alone.  Finally, I do own stock positions in Service Corporation International and Park Lawn Corporation. With that said, I thought it might be fun to compare what these public funeral home […]

Finance

New Carriage Services COO puts some skin in the game

As reported last week on Funeral Director Daily, Carriage Services has hired William Goetz as its new Chief Operating Officer.  Late last week we learned that Goetz has came out of the chute by showing confidence in the company the he will lead.  It was reported in this article that on Wednesday, December 11, 2019, Goetz purchased 10,000 shares of Carriage Services common stock at an average share price of $27.48 leading to a total value investment of $274,800. Funeral […]

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

InvoCare stock being shorted

I just saw this article over the weekend and thought I would send it out.  It pertains to the stock of Australian death care leader InvoCare being shorted by many investors.  Being “shorted” means, in basic terms, that many investors believe that the share price will go lower. I thought it interesting in light of our article last week about funeral homes in Great Britain and the price cutting that is happening there.  I find the evolution of Great Britain […]

Finance

Inside the Numbers at SCI

Earlier this week Service Corporation International posted their 2nd Quarter results, which you can see in a company press release here, and we told you that we would analyze them and report our impressions.  There is nothing that surprises us with the SCI results, more so, they reinforce what we believe is the direction of the consumer movement in death care moving forward. Here is some of what we found and why we believe it shows a consumer reinforcement of […]

Finance

StoneMor Partners Continues Moving Forward

Last week cemetery and funeral home consolidator StoneMor Partners issued press releases regarding their company.  In essence the releases shared the following information: Release of Preliminary Unaudited 2017 Full Year Financials The appointment of a new CEO for the company, Mr. Joe Redling The establishment of a committee to look into the possibility of changing the company from a Master Limited Partnership to a “C” Corporation You can read the press release pertaining to the 2017 financials here.  Here are […]

Finance

Is Funeral Service an “Unappealing” Industry?

I’ve always been intrigued by the stock market.  I can remember over 50 years ago talking to my dad about what he thought was the end-all when looking at companies to potentially invest in.  For him it was the P/E ratio.  Dad always wanted the stock to have a P/E ratio of 15 or less before he would think of purchasing it. Other people think of other things – some more intangible for the company.  It is interesting that today […]