Service Corporation International
In my opinion, when I look for something to invest in, I gauge the safety of the investment as well as the possible return and then make a decision if the balance is there between the two. I also look at two sides of an equity investment as the potential for growth (as defined by…
Read MoreLast week Carriage Services, a funeral service public company based in Houston, Texas, announced that they had acquired two funeral homes in the State of Virginia. You can read the press release here. The release announces the acquisition of the Covenant Funeral Homes in Fredericksburg and Stafford, Virginia. The release goes on to say that…
Read MoreNot quite a year ago we reported that funeral home consolidator Service Corporation International had acquired 13 locations in Colorado when they announced the purchase of the Allnut Funeral Homes. We noticed a press release today that indicates how important the growing Colorado market is to the company when SCI announced that they are making…
Read MoreAccording to a release published in the Sarasota Business Observer, funeral professional Robert Toale and his family have joined the Dignity Memorial Network in Sarasota and Manatee Counties of Florida. Again, according to the release, Dignity Memorial now has 2,000 funeral, cremation, and cemetery service providers in its network. You can read the release here.…
Read MorePart of what we try to do at Funeral Director Daily is to keep you updated on all things funeral service. One of the ways we do that is by watching what is happening with the publicly held death care community stocks. Here are the stocks that we check up on regularly and compute the…
Read MoreLast week Houston based funeral home conglomerate Service Corporation International (SCI) added two new members to its board of directors. A press release from SCI that you can read here announces the appointments of Jakki L. Haussler and Sara Martinez Tucker as the new members. According to the release, SCI CEO Tom Ryan stated that…
Read MoreI’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…
Read MoreI present you this article published yesterday from investor opinion site Seeking Alpha on the potential upside of StoneMor Partners. It is a good read and, like most articles pertaining to the death care industry, there is something to take from it. Funeral Director Daily take: I will tell you, however, as a 35 year industry…
Read MoreIt is earnings time for public companies and today we are reporting on what Service Corporation International reported in their 1st Quarter report of 2018. You can see their complete press release, including financial information, here. In essence, Tom Ryan, SCI’s CEO, made the following statements: “. . .earnings per share growth of 9 cents…
Read MoreFuneral Director Daily: As we do from time to time, I have included an article that was put out yesterday by Kenny Robinson of Seeking Alpha on Service Corporation International. The article, that you can read here, is an in-depth investment piece that I put out with no opinion other than to say it is…
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