Service Corporation International (NYSE:SCI) Given Average Rating of “Moderate Buy” by Brokerages

Service Corporation International (NYSE:SCI) has been assigned a consensus recommendation of “Moderate Buy” from the five ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $95.00.

SCI has been the topic of several analyst reports. Oppenheimer raised their target price on shares of Service Corporation International from $94.00 to $97.00 and gave the company an “outperform” rating in a report on Thursday, April 2nd. Wall Street Zen cut shares of Service Corporation International from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. UBS Group cut their price objective on shares of Service Corporation International from $95.00 to $93.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Weiss Ratings cut shares of Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Service Corporation International from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, May 1st.

Service Corporation International Stock Up 0.2%

Shares of SCI opened at $72.69 on Friday. The company’s 50-day simple moving average is $78.26 and its 200-day simple moving average is $79.49. The stock has a market capitalization of $10.03 billion, a PE ratio of 19.18, a P/E/G ratio of 1.63 and a beta of 0.84. Service Corporation International has a 1 year low of $68.41 and a 1 year high of $88.67. The company has a debt-to-equity ratio of 3.22, a quick ratio of 0.52 and a current ratio of 0.57.

Service Corporation International (NYSE:SCI) last issued its earnings results on Wednesday, April 29th. The company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.03). The firm had revenue of $544.80 million during the quarter, compared to analyst estimates of $1.09 billion. Service Corporation International had a net margin of 12.36% and a return on equity of 34.30%. The firm’s revenue was up 2.1% compared to the same quarter last year. During the same period last year, the business earned $0.96 EPS. Service Corporation International has set its FY 2026 guidance at 4.050-4.350 EPS. Analysts forecast that Service Corporation International will post 4.14 earnings per share for the current fiscal year.

Service Corporation International Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, June 15th. This is an increase from Service Corporation International’s previous quarterly dividend of $0.34. This represents a $1.44 dividend on an annualized basis and a yield of 2.0%. Service Corporation International’s dividend payout ratio is 37.99%.

Institutional Trading of Service Corporation International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC grew its position in shares of Service Corporation International by 35.7% during the first quarter. Root Financial Partners LLC now owns 612 shares of the company’s stock worth $50,000 after acquiring an additional 161 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in shares of Service Corporation International by 4.5% during 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. Public Employees Retirement System of Ohio grew its position in shares of Service Corporation International by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 43,521 shares of the company’s stock worth $3,622,000 after acquiring an additional 270 shares during the last quarter. Focus Partners Wealth grew its position in shares of Service Corporation International by 3.1% during the first quarter. Focus Partners Wealth now owns 10,571 shares of the company’s stock worth $848,000 after acquiring an additional 321 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of Service Corporation International during the third quarter worth approximately $42,000. Institutional investors and hedge funds own 85.53% of the company’s stock.

Service Corporation International Company Profile

Service Corporation International (NYSE: SCI) is a leading provider of funeral, cremation and cemetery services in North America. Through its network of funeral homes, cemeteries, memorial parks and crematoria, the company offers a broad array of end-of-life services, including traditional funeral ceremonies, memorialization, burial and cremation. In addition to core services, SCI provides grief counseling, pre-need planning and merchandise such as caskets, vaults, urns and memorialization products.

Headquartered in Houston, Texas, Service Corporation International operates more than 1,900 funeral homes, over 450 cemeteries and 40 combination facilities across the United States and Canada.