Service Corporation International (NYSE:SCI) Upgraded by Wall Street Zen to Hold Rating

Wall Street Zen upgraded shares of Service Corporation International (NYSE:SCI) from a sell rating to a hold rating in a research note issued to investors on Sunday morning,Wall Street Zen reports.

A number of other equities research analysts also recently weighed in on the stock. UBS Group boosted their price target on shares of Service Corporation International from $93.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Weiss Ratings raised shares of Service Corporation International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, September 14th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $100.67.

Service Corporation International Trading Down 0.0%

SCI stock opened at $77.75 on Friday. The company has a market cap of $10.60 billion, a P/E ratio of 20.30, a PEG ratio of 1.73 and a beta of 0.80. Service Corporation International has a twelve month low of $68.41 and a twelve month high of $90.99. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 3.32. The business has a fifty day moving average of $82.17 and a 200-day moving average of $79.80.

Service Corporation International (NYSE:SCI) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. Service Corporation International had a return on equity of 34.38% and a net margin of 12.30%.The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the company earned $0.88 earnings per share. The company’s revenue was up 3.6% on a year-over-year basis. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities research analysts expect that Service Corporation International will post 4.18 EPS for the current year.

Service Corporation International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.36 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.44 dividend on an annualized basis and a yield of 1.9%. Service Corporation International’s dividend payout ratio (DPR) is 37.60%.

Insider Activity

In other news, CEO Thomas Ryan sold 253,391 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $85.25, for a total transaction of $21,601,582.75. Following the completion of the transaction, the chief executive officer directly owned 1,006,212 shares in the company, valued at approximately $85,779,573. The trade was a 20.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC grew its position in Service Corporation International by 35.7% in the first quarter. Root Financial Partners LLC now owns 612 shares of the company’s stock valued at $50,000 after acquiring an additional 161 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in shares of Service Corporation International by 4.5% in the first quarter. Fifth Third Wealth Advisors LLC now owns 4,872 shares of the company’s stock worth $402,000 after acquiring an additional 210 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Service Corporation International by 33.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,334 shares of the company’s stock worth $260,000 after acquiring an additional 844 shares during the last quarter. Advisors Preferred LLC boosted its stake in shares of Service Corporation International by 81.0% in the 1st quarter. Advisors Preferred LLC now owns 6,579 shares of the company’s stock valued at $543,000 after purchasing an additional 2,945 shares in the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new stake in shares of Service Corporation International in the 4th quarter valued at approximately $332,000. Institutional investors own 85.53% of the company’s stock.

Service Corporation International Company Profile

Service Corporation International (NYSE:SCI) is a provider of funeral, cremation and cemetery services in North America. The company operates funeral homes, cemeteries and crematoria, serving families through arrangements for traditional funerals, memorial services, cremations and related end-of-life needs.

SCI offers funeral and cemetery merchandise, burial and cremation property, memorialization products and other services. It also provides preneed arrangements, allowing customers to plan and fund funeral or cemetery services in advance.