News articles about Service Corporation International (NYSE:SCI) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Service Corporation International earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.795832559233 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Service Corporation International (NYSE SCI) traded up $0.12 on Friday, reaching $35.72. 673,859 shares of the company’s stock traded hands, compared to its average volume of 1,237,475. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 2.66. The firm has a market cap of $6,696.44, a PE ratio of 23.35, a P/E/G ratio of 2.13 and a beta of 0.96. Service Corporation International has a 12 month low of $26.28 and a 12 month high of $36.56.
Service Corporation International (NYSE:SCI) last announced its quarterly earnings data on Wednesday, October 25th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.06. The company had revenue of $731.30 million for the quarter, compared to analysts’ expectations of $735.62 million. Service Corporation International had a net margin of 11.83% and a return on equity of 24.85%. Service Corporation International’s revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.26 EPS. sell-side analysts anticipate that Service Corporation International will post 1.49 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Wednesday, November 15th will be paid a $0.15 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.60 annualized dividend and a yield of 1.68%. Service Corporation International’s dividend payout ratio is currently 31.58%.
Several analysts recently commented on SCI shares. Zacks Investment Research downgraded shares of Service Corporation International from a “buy” rating to a “hold” rating in a research report on Thursday, August 31st. BidaskClub downgraded shares of Service Corporation International from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a $40.00 price target (up previously from $38.00) on shares of Service Corporation International in a research report on Friday, November 3rd. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $39.75.
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In other Service Corporation International news, CEO Thomas L. Ryan sold 100,000 shares of the business’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $34.92, for a total value of $3,492,000.00. Following the transaction, the chief executive officer now directly owns 1,175,109 shares of the company’s stock, valued at approximately $41,034,806.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Eric D. Tanzberger sold 187,100 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $34.93, for a total transaction of $6,535,403.00. Following the completion of the transaction, the chief financial officer now directly owns 150,217 shares in the company, valued at $5,247,079.81. The disclosure for this sale can be found here. Insiders sold a total of 604,800 shares of company stock worth $21,109,153 over the last three months. 6.20% of the stock is currently owned by corporate insiders.
About Service Corporation International
Service Corporation International is a provider of deathcare products and services, with a network of funeral service locations and cemeteries. The Company’s segments include Funeral, Cemetery and Corporate. It conducts both funeral and cemetery operations in the United States and Canada. As December 31, 2016, it operated 1,502 funeral service locations and 470 cemeteries, including 281 funeral service/cemetery combination locations, which are geographically diversified across 45 states, eight Canadian provinces, the District of Columbia, and Puerto Rico.
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