public funeral companies

Retail death care stocks lead the run-up

By Funeral Director Daily / October 25, 2021 /

On Friday the Dow Jones Industrial Average (DJIA) set a new record high by closing at 35,677.  On January 1, 2021, the DJIA stood at 30,606 so that high on Friday indicates a 16.6% increase year to date for 2021.  That’s pretty impressive. . . . and the NASDAQ closed Friday up 19.1% year to…

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Seeking Alpha adds commentary on SCI as an investment

By Funeral Director Daily / October 13, 2021 /

Recently we found this article written by Daniel Jones for Seeking Alpha.  In the article he brings out the pros and cons of an investment in Service Corporation International. One question that he asked in the article when considering that Service Corporation International has greatly increased its gross revenues is this, “On its face, all…

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Security National keeps growing revenues

By Funeral Director Daily / May 26, 2021 /

Security National Financial Corporation (SNFC) continues to reel in the revenue in each of their three divisions according to this press release from mid-May containing their 1st Quarter 2020 results.  The Utah based company conducts business in the death care field both in the financial services realm and the funeral and cemetery services realm. In…

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Park Lawn’s CEO Brad Green comments on the labor market, acquisitions, preneed, and revenue per case

By Funeral Director Daily / May 17, 2021 /

Park Lawn Corporation (PLC), the Toronto based funeral home and cemetery operator released First Quarter 2021 results last week.  As expected the results were very strong as deaths from the pandemic in those months, especially January, continued to be high.  Park Lawn Corporation’s net revenue grew about 26% to over $89 million for the quarter.…

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Security National posts 70% increase in year over year revenues

By Funeral Director Daily / April 8, 2021 /

Security National Financial Corporation (SNFC), the Utah based company with segments in the preneed insurance, funeral home assignment, mortuary, and cemetery business, released their 4th Quarter of 2020 and Year End 2020 results last week.  The first line from that press release which you can read here, states, “For the twelve months ended December 31,…

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Great Britain’s Dignity plc reports 2020 results. . .digital marketing important and growing

By Funeral Director Daily / March 24, 2021 /

Great Britain’s largest purveyor of death care services, Dignity plc, reported their results for 2020 last week in a very comprehensive report.  The results show increased revenues on more death calls, but because of choices made in taking financial impairments on goodwill and trade names it is difficult to get actual year over year comparables.…

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Carriage Services reports 2020 year. . . shows the trends

By Funeral Director Daily / February 23, 2021 /

In a press release that you can read here you can find out that Houston, Texas, based funeral home and cemetery consolidator Carriage Services recorded record results not only for the 4th Quarter of 2020 but for the full year of 2020 as well.  Not only did Carriage Services record these record financial results, they…

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Park Lawn reports 3rd Quarter. . . .continued growth

By Funeral Director Daily / November 17, 2020 /

Park Lawn Corporation (PLC), the funeral home and cemetery operator, with headquarters in Toronto and Houston, announced their 3rd Quarter 2020 results last week.  As a growth company, they continued to exhibit those traits — with revenue for the quarter growing to $83.7 million from last year’s 3Q revenue number of $66.5 million (all dollar…

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Park Lawn Corp reports 2Q 2020, CEO Green answers acquisition questions

By Funeral Director Daily / August 19, 2020 /

Toronto based Park Lawn Corporation (PLC) reported its 2nd Quarter 2020 financial situation last week.  In it they reported great success on revenue growth and Adjusted Net Earnings.  CEO Brad Green commented on the financial report in saying, “We have grown together as an organization and are poised to continue with our projected growth targets.”  …

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Goetz to leave Carriage Services?

By Funeral Director Daily / July 1, 2020 /

This morning we noticed a news release from Market Exclusive that you can see here pertaining to a K-1 filing from Carriage Services.  The filing informed the public that effective June 26, 2020, President and Chief Operating Officer William W. Goetz had resigned from those positions at Carriage Services as well as had resigned from…

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