Tag: funeral stocks

Finance

Seeking Alpha feature article rates Service Corporation a “Buy”

According to this press release from Service Corporation International (SCI) the company is scheduled to announce the financial results of their 2nd Quarter of 2022 on Tuesday, August 2.  Prior to that however, last week author Daniel Jones of Seeking Alpha penned an opinion article on the company and rated the company a “Buy” in his opinion. Here’s what he said in conclusion of that article, “Based on the data provided, it looks to me as though Service Corporation International […]

Finance

Death care stocks down 18% Year to Date

I read this interesting article on Saturday morning from Yahoo Finance’s Morning Brief entitled “What to expect from a recession everyone sees coming“.  The author of the article makes this statement, “. . . recessions can be mild and short if the causes are anticipated and less systemic, and more severe and longer if they are unexpected and less intertwined with the core economy“. The article and the recent turbulence in the stock market gave me reason to look at […]

Finance

StoneMor reports 1st Quarter. . . Axar talks continue

Here’s what StoneMor Inc. CEO Joe Redling had to say about the company’s 1st Quarter of 2022 during the company’s earnings call on May 12 which you can access here, “During the first quarter, we achieve(d) 4% year-over-year growth in our pre-need sales production.  And this is against the first quarter of 2021. That was up 45% against the first quarter of 2020. We achieved this growth through a concentrated sales effort, including a focus on volume and pricing optimization. […]

Finance

Park Lawn Corp sees increased revenue and earnings despite call volume dip

Last week Park Lawn Corporation (PLC) announced their 1st Quarter of 2022 earnings results.  For the period ended on March 31, 2022, the company increased their revenue 17.5% to $83.1 million as compared to the 1Q of 2021 when they reported $70.5 million in revenue.  The company also reported Net Earnings of $8.7 million in 1Q 2022 as compared to $7.7 million in 1Q 2021 — that’s a 12.9% increase.  You can access the Park Lawn Corporation 1Q22 press release […]

Finance

Learning more of Matthews International

Over last weekend while doing some research I stumbled across this article on Matthews International.  As you may know Matthews is the parent company of Aurora Caskets and Matthews Cremation.  What you maybe don’t know is that they are a world-wide conglomerate who is making a big bet on the electric car market with a dry cell battery division (Saueressig) that counts Tesla as its number one customer and, according to the article, is set to grow with other electric […]

Finance

SCI and other DCI stocks buck the Year-to-Date market trend

The markets were closed on Good Friday and we thought that might be an appropriate time to take a look at how the stocks that comprise the Funeral Director Daily Death Care Index (DCI) have been doing in relation to each other and in relation to the stock market as a whole since the beginning of the year. What we found that you are probably aware of if you listen to business news is that the market indexes most followed […]

Finance

SCI as an investment

Last week Seeking Alpha published a fact and opinion article on Service Corporation International (SCI) entitled “Service Corporation International:  An under the radar wealth generator”.  The article was one of the most in-depth pieces I have seen on SCI, its operations, and its potential as an investment. You can access the article here. From my point of view it is an excellent article to read, especially if you operate a funeral home.  Again, from my point of view, much like […]

Finance

Death Care stocks not immune to recent downturn

If you had any money in the stock market during 2021 it would have been hard not to grow your investment cache.  During the 2021 calendar year the three indices most commonly referred to as a bellwether of the markets, the Dow Jones Industrial Average, the Nasdaq, and the S & P 500 were up 18.7%, 21.4%, and 26.9% respectively. And, if you had watched the Funeral Director Daily Death Care Index (DCI) you would see that index, which holds […]

Finance

Death Care Index rises 14.7% year to date

As we move into the seventh month of the calendar year, we felt that it was a good time for a check up on the Funeral Director Daily Death Care Index (DCI).  The DCI is a composite dollar amount of owning one share of stock in each of the seven public companies in the United States that have at least part of their business in the death care industry. As we said in our last check in with the DCI, […]

Finance

Checking in on the DCI. . . up over 10% year to date

The last time we checked in on Funeral Director Daily’s proprietary Death Care Index (DCI) was in this article from January 4, 2021.  At that time we noted that the stock index of companies in the death care realm had a total return (capital appreciation plus dividend) of about 6.85% for the calendar year of 2020.  We mentioned that was not as high as the returns of the NASDAQ index or the S&P 500, but it was a solid “grind […]