Service Corporation International (NYSE:SCI – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 4.100-4.300 for the period, compared to the consensus earnings per share estimate of 4.130. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on SCI. Oppenheimer increased their price target 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 downgraded shares of Service Corporation International from a “hold” rating to a “sell” rating in a report on Sunday, June 28th. UBS Group cut their price objective on shares of Service Corporation International from $95.00 to $93.00 and set a “buy” rating for the company in a research report on Friday, May 1st. JPMorgan Chase & Co. lowered their price target on Service Corporation International from $110.00 to $100.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Finally, Weiss Ratings cut Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 3rd. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Service Corporation International presently has an average rating of “Moderate Buy” and a consensus target price of $95.00.
Check Out Our Latest Stock Analysis on SCI
Service Corporation International Price Performance
Service Corporation International (NYSE:SCI – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. Service Corporation International had a return on equity of 34.30% and a net margin of 12.36%.The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.08 billion. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. On average, equities analysts anticipate that Service Corporation International will post 4.15 EPS for the current year.
Service Corporation International Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.36 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.44 annualized dividend and a dividend yield of 1.7%. This is a boost from Service Corporation International’s previous quarterly dividend of $0.34. Service Corporation International’s dividend payout ratio is presently 37.99%.
Institutional Investors Weigh In On Service Corporation International
A number of hedge funds have recently made changes to their positions in the company. Sunbelt Securities Inc. bought a new position in Service Corporation International during the 3rd quarter valued at about $42,000. Los Angeles Capital Management LLC bought a new stake in Service Corporation International during the fourth quarter worth about $54,000. Danske Bank A S bought a new stake in Service Corporation International during the third quarter worth about $83,000. Toronto Dominion Bank acquired a new stake in shares of Service Corporation International during the fourth quarter worth approximately $238,000. Finally, Brighton Jones LLC acquired a new stake in shares of Service Corporation International during the fourth quarter worth approximately $435,000. 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.
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