stonemor

Funeral service. . . . .by the numbers

By Funeral Director Daily / July 20, 2021 /

Funeral Director Daily published this article last week that we titled “We saw a lot of deaths in 2020”.  The article tried to put a number to the number of death care cases across the United States in our Covid-19 pandemic year.  We came up with the number of 3,427,321 which was a 20% increase…

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Funeral stocks continue solid climb

By Funeral Director Daily / June 8, 2021 /

As of last Friday, June 4, we were over five months into the 2021 calendar year.  Funeral Director Daily decided it was time to take a look at where the Death Care stocks were in relation to the stock market indices up to that day. What we found out is that the stocks of companies…

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StoneMor CEO Joe Redling: “We’re targeting. . acquisitions of both cemeteries and funeral homes in our existing markets”

By Funeral Director Daily / May 19, 2021 /

StoneMor, Inc. released its 1st Quarter financial results on May 13 and with it announced that they had completed their private offering of $400 million in Senior Notes.  There seems to be no doubt that the refinancing and operational results reported in the May 13 report have lifted the spirits of the company. Here’s what…

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Death Care outpaces Dow, Nasdaq, and S&P for first third of 2021

By Funeral Director Daily / May 5, 2021 /

For the first time that I can remember since I have followed what is termed the Death Care Index (DCI), the DCI for a period of time has outpaced the standard measures of America’s public companies, the Dow Jones Industrial Average, the Nasdaq, and the S & P 500.  For the time period of January…

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April has been a busy month for StoneMor

By Funeral Director Daily / April 26, 2021 /

StoneMor, Inc.,  the Pennsylvania based consolidator and operator of cemeteries and funeral homes, has had a busy April.  We’ve seen Moody’s upgrade their credit rating, we’ve seen insider trading purchases of the stock, and we’ve seen an announcement of refinanced debt.  That and more leads a press release from Moody’s to state, “. . .…

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Park Lawn Corporation sees “significant growth in revenue, net earnings”

By Funeral Director Daily / April 1, 2021 /

Park Lawn Corporation reported their 2020 4th Quarter and Year End financial numbers earlier this week and the press release, which you can read here, states “. . . PLC finished 2020 with a powerful performance in Q4, which included achieving significant growth in revenue, net earnings, Adjusted Net Earnings, Adjusted EBITDA, and Adjusted EBITA…

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Revenues, operating income pop for StoneMor. . . . 2020 year end report

By Funeral Director Daily / March 29, 2021 /

In a report issued last week, StoneMor Inc. released its financial results for the 4th Quarter of 2020 and for the full-year of 2020.  Here’s what CEO Joe Redling said in the report that you can read here, “The groundwork that was laid with our transformation initiatives, allowed StoneMor to produce another very strong quarter…

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StoneMor acquires four cemeteries

By Funeral Director Daily / March 25, 2021 /

In what may be an indicating sign that StoneMor Inc. is beginning to come out of its realignment phase, it was announced yesterday that the Pennsylvania based consolidator and operator of cemeteries and funeral homes has acquired four cemeteries. This press release indicates that the four properties are all located within the Eastern geographic footprint…

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Checking in on the DCI. . . up over 10% year to date

By Funeral Director Daily / March 12, 2021 /

The last time we checked in on Funeral Director Daily’s proprietary Death Care Index (DCI) was in this article from January 4, 2021.  At that time we noted that the stock index of companies in the death care realm had a total return (capital appreciation plus dividend) of about 6.85% for the calendar year of…

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2020: A look back at the public companies

By Funeral Director Daily / January 7, 2021 /

There are a lot of reasons that people may look to get the year 2020 in their rearview mirror.  However, when you look individually at the performance of the public companies in the death care realm for the calendar year, my guess is that almost all of them would be happy to repeat the year’s…

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