SNFC

StoneMor bucks the system

By Funeral Director Daily / March 23, 2020 /

Those of us who have watched the markets over the last few weeks have seen a deterioration in the value of our private investment portfolios.  What has happened in the broader market is also indicative of what has happened in the death care industry with the exception of StoneMor, Inc. and its stock and valuation.…

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Security National Financial acquires Kilpatrick Life Insurance

By Funeral Director Daily / December 23, 2019 /

In a press release dated today out of Murray, Utah, we learned that the Security National Financial Corporation (SNFC) has closed on its purchase of the Kilpatrick Life Insurance Company domiciled in Louisiana.  Both companies operate to some degree in the pre-need funeral funding insurance market. You can read the press release as provided from…

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Security National reports 3Q and 9-month 2019 financials

By Funeral Director Daily / December 13, 2019 /

Security National Financial Corporation of Utah, a public company that has operations in both the mortuary and insurance businesses reported financial numbers for their 3rd Quarter of 2019 recently.  You can read their press release on that information here. 3rd Quarter Life Insurance revenues are up slightly to $29.8 million in 2019 from $28.9 million…

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Death Care investments have been good in 2019

By Funeral Director Daily / October 28, 2019 /

Funeral Director Daily tracks its proprietary Death Care Index or DCI periodically.  The DCI is a group of eight publicly traded company stocks that each have some skin in the death care industry or profession.  They range from companies involved in death care services to companies who manufacture things like crematories, to companies involved in…

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Security National Cemeteries and Mortuaries revenue jumps 23% in 2018

By Funeral Director Daily / April 17, 2019 /

Utah based Security National Financial Corporation issued their 2018 financial results earlier this month and you can see a statement from them here.  The company announced a company wide increase in revenues of 1% to over $279 million.  In addition, SNFC announced that their after-tax earnings from operations jumped over 53% from about $14 million…

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Security National Financial Reports Quarterly Results

By Funeral Director Daily / August 16, 2018 /

As we come to the end of the earnings reporting period for the public death care companies we give you the quarterly report for Security National Financial Corporation.  Security National is the Utah based public company that operates in three segments — insurance, cemeteries and funerals, and mortgages.  Funeral Director Daily is most focused on…

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Memorial Mortuaries and Cemeteries Awarded “Best of Utah”

By Funeral Director Daily / April 24, 2018 /

The death care branch of public company Security National Financial Corporation, Memorial Mortuaries and Cemeteries, was awarded two of the Best of State Awards in Utah recently.  You can read about it in the company’s press release here. The Best of State Awards were presented in the categories of Best of State for Funeral Services…

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