Insider Selling: Service Corp. International Director Unloads 1,200 Shares of Stock (SCI)
Service Corp. International (NYSE:SCI) Director W Blair Waltrip sold 1,200 shares of Service Corp. International stock on the open market in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $20.11, for a total transaction of $24,132.00. Following the transaction, the director now directly owns 681,409 shares of the company’s stock, valued at approximately $13,703,135. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Service Corp. International (NYSE:SCI) traded down 0.95% on Monday, hitting $19.74. The stock had a trading volume of 247,545 shares. Service Corp. International has a 1-year low of $16.81 and a 1-year high of $20.77. The stock’s 50-day moving average is $19.50 and its 200-day moving average is $18.67. The company has a market cap of $4.215 billion and a price-to-earnings ratio of 33.89.
Service Corp. International (NYSE:SCI) last announced its earnings results on Wednesday, April 23rd. The company reported $0.28 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.26 by $0.02. The company had revenue of $747.12 million for the quarter, compared to the consensus estimate of $772.63 million. During the same quarter last year, the company posted $0.28 earnings per share. Service Corp. International’s revenue was up 14.5% compared to the same quarter last year. Analysts expect that Service Corp. International will post $1.07 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Wednesday, June 11th.
Service Corporation International (NYSE:SCI) is a provider of deathcare products and services, with a network of funeral service locations and cemeteries primarily operating in the United States and Canada.
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