public companies

Propel Funeral Partners shows growth with 2022 Annual Report

By Funeral Director Daily / September 20, 2022 /

Propel Funeral Partners, the public company that owns and operates funeral homes, cremation facilities, cemeteries, and related infrastructure in Australia and New Zealand, announced their Fiscal Year 2022 (FY22) results in late August, and did so by showing growth all across their reporting numbers. The company that began in 2012 with 278 funeral services reported…

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StoneMor agrees to Axar Capital Management buyout

By Funeral Director Daily / May 26, 2022 /

In a press release issued at the beginning of business yesterday, Wednesday May 25, StoneMor Inc. announced that the company had agreed to a “definitive merger agreement under which a subsidiary of Axar Capital Management, LP (“Axar”) will be merged with and into StoneMor and all outstanding shares of StoneMor common stock not owned by…

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Carriage Services 1Q 2021 Revenues rise almost 25%

By Funeral Director Daily / April 30, 2021 /

Carriage Services was the first of our public death care companies to report on their 1st quarter of 2021 (January thru March 2021 numbers) when they did so last week.  Even knowing that January 2021 had a high number of additional mortality in the United States because of the number of Covid-19 deaths, you have…

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

By Funeral Director Daily / August 31, 2020 /

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,…

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Propel Funeral Partners growing market share

By Funeral Director Daily / February 7, 2020 /

This article from Yahoo Finance indicates that Australian and New Zealand public funeral operating company Propel Funeral Partners is growing market share.  According to the article it is growing both from acquisitions and an annual death rate increase in both countries. Here is an excerpt from that article: “In Propel’s FY19 investor presentation, the company…

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Carriage Services, SCI report 3rd Quarter Results

By Funeral Director Daily / October 30, 2019 /

Funeral home and cemetery public operation companies Carriage Services and Service Corporation International reported 3rd Quarter results October 28 and October 30 respectively.  Here are press releases from each company on their results. Funeral Director Daily will wait until after we have had the chance to read the transcripts of the analysts calls with the…

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The future of StoneMor

By Funeral Director Daily / October 29, 2019 /

As we mentioned in yesterday’s Funeral Director Daily, the earnings season is upon us for public companies to report their operating results for the 3 months ended September 30, 2019.  On November 7 we know that  cemetery and funeral home owner and operator StoneMor Partners LP will give us those numbers and do know that…

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Security National Memorial segment increases revenue by 15%

By Funeral Director Daily / May 30, 2019 /

Security National Financial Corporation, the Utah based financial and death care company showed a total company decrease in revenue for the 2019 1st Quarter as compared to the same quarter in 2018.  You can see their 1st Quarter report here which was made public on May 16. However, even as the company experienced a decrease…

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Contrarian investor John Snyder opines on StoneMor Partners

By Funeral Director Daily / April 3, 2019 /

Value investor and self-described contrarian investor John Snyder wrote an article for Seeking Alpha that you can read here entitled, “Why I’m buying StoneMor”.  We will leave the facts at that and I will give my opinion on the piece below. Funeral Director Daily take:  This is an article that will cause all experienced funeral…

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Funeral Services and Public Companies – Part 1 – SCI

By Funeral Director Daily / March 7, 2019 /

Every so often someone asks me what I think of the funeral/cremation/cemetery companies that are in the public ownership realm.  So, today I will start giving you my opinions of what I think each is trying to, or should try to accomplish.  Each in this series of write ups will be my day to be…

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