Service Corporation International

SCI, Archdiocese of New Orleans Announce Plans

By Funeral Director Daily / March 29, 2018 /

It was announced this week that Service Corporation International and the Archdiocese of New Orleans will collaborate on a plan to build a funeral home and cemetery on land owned by the Archdiocese in New Orleans.  You can read the press release from Globe News Wire here. The combination unit, which will also have mausoleum…

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Assurant Performance Holds Back Death Care Index

By Funeral Director Daily / March 19, 2018 /

Friday marked the stock market’s first “quadruple witching day” of 2018 so we thought it might be a good time to look at the performance of the death care industry stocks and how they performed in the first 2 1/2 months of the 2018 market.  Funeral Director Daily’s Death Care Index or DCI is a…

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Landslide Causing Problems at SCI Cemetery

By Funeral Director Daily / March 13, 2018 /

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. …

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SCI Presents at Raymond James Investor Conference

By Funeral Director Daily / March 8, 2018 /

  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…

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Funeral Stocks Announce Dividends

By Funeral Director Daily / February 19, 2018 /

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…

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Service Corporation Reports 4th Quarter and Year End

By Funeral Director Daily / February 15, 2018 /

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.  .…

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Death Care Index Slides in January

By Funeral Director Daily / February 1, 2018 /

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…

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

By Funeral Director Daily / January 15, 2018 /

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…

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Death Care Index Finishes 2017 Flat

By Funeral Director Daily / January 2, 2018 /

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…

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SCI to Sponsor Tournament of Rose Parade Float

By Funeral Director Daily / December 29, 2017 /

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…

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