Tag: Service Corporation International

Cemetery

Landslide Causing Problems at SCI Cemetery

According to an article in the West Virginia Herald-Dispatch that you can read here, excessive rainfall has caused problems at the Woodmere Cemetery in Huntington, WV.  The cemetery is owned by Service Corporation International. The problem manifested itself about three weeks ago when excessive rainfall washed the back side of the cemetery onto Norway Avenue.  The city maintains that the hillside where the slide occurred belongs to the cemetery and because of that, the cemetery is responsible for clearing the […]

Finance

SCI Presents at Raymond James Investor Conference

  Death care industry company Service Corporation International recently presented at the Raymond James 39th Annual Institutional Investors Conference.  I’ve found a  slide deck about their company on Seeking Alpha that you can see here.  It was part of their power point presentation to institutional investors and is an interesting synopsis of the company as to where they are and where they hope to be headed. One of the interesting slides I noticed showed the market share of services in […]

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

Service Corporation Reports 4th Quarter and Year End

Service Corporation International of Houston, Texas, the nation’s largest provider of deathcare services reported 4th Quarter and Year End 2017 results on Tuesday, February 13.  You can see the financials and read the commentary here. In a statement, Chief Executive Officer Tom Ryan commented, “We delivered a solid quarter as we close out 2017.  . . . . Looking ahead to 2018 we believe we are well-positioned to deliver solid results. . . We are announcing an adjusted earnings per […]

Finance

Death Care Index Slides in January

The Funeral Director Daily Death Care Index (DCI) dropped roughly 2% for the month of January in contrast to the Dow Jones Industrial Average which recorded a 5.79% gain.  The DCI, a composite total of eight death care industry public stocks, stood at $290.78 at the close on January 31 in comparison to its mark of $296.15 coming into 2018. There is no doubt. after observing death care industry stocks for sometime, that they do not move as an industry, […]

Finance

Analyst Says “Get in on Baby Boom Market with SCI Stock”

I read an article published on Friday by Samuel Leathers and featured on the site, Seeking Alpha.  The crux of the article, which you can read here,  is the author’s opinion that a better way to play the “Graying of America” demographic in the stock market than senior housing and the nursing home industry is to make a play on the death care industry, and specifically, the public company Service Corporation International (SCI). Some of the opinions as presented in […]

Finance

Death Care Index Finishes 2017 Flat

In a year when the stock market has been tremendously rewarding to those that were invested in it, the Funeral Director Daily Death Care Index (DCI) of public companies in the industry did not fare near as well.  For the year from January 1, 2017 thru December 31, 2017, if you were invested in the S & P 500 Index you earned a return over 19%, if you were invested in the Dow Jones Industrials you earned a return of […]

Uncategorized

SCI to Sponsor Tournament of Rose Parade Float

Service Corporation International and its brand, Dignity Memorial,  recently announced that it will, for the 10th consecutive year, sponsor the Donate Life float that will appear in the 129th Rose parade on January 1, 2018.  You can read their press release here. The Donate Life Rose Parade float helps raise awareness of the important cause of organ donation and helps families celebrate the lives of their loved ones while healing during a time of loss according to the statement from […]

Finance

SCI Reports 3rd Quarter Earnings

Service Corporation International announced their 3Q 2017 results on October 25.  The company, based in Houston, Texas – much like Carriage Services – announced that the results were somewhat skewed by the hurricanes that happened during the quarter and affected some of their locations in Texas and Florida.  In SCI’s case, they announced in their report that they believe the hurricanes caused a probable decrease in funeral production of $5 million for the quarter. You can read about SCI’s results […]

Finance

Some History and Investment Perspective on Service Corporation International

I’m a buy and hold investor and enjoy learning about companies that over time will bring a nice positive return to my portfolio. I also like to learn as much as I can about companies and those in the death care industry give me added perspective — I always try to learn what they are doing right and apply it to my own business.  Many times I learned valuable lessons – that I put to work right at home – […]