Brokerages Set Service Corporation International (NYSE:SCI) PT at $95.00

Shares of Service Corporation International (NYSE:SCI) have been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $95.00.

SCI has been the subject of a number of recent analyst reports. 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 target on shares of Service Corporation International from $95.00 to $93.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. JPMorgan Chase & Co. decreased their price target 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. Weiss Ratings cut shares of Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. Finally, Oppenheimer boosted their price objective on shares of Service Corporation International from $94.00 to $97.00 and gave the company an “outperform” rating in a research note on Thursday, April 2nd.

Institutional Investors Weigh In On Service Corporation International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC raised 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 boosted its holdings in 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 valued at $402,000 after acquiring an additional 210 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in Service Corporation International by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 43,521 shares of the company’s stock valued at $3,622,000 after acquiring an additional 270 shares during the last quarter. Focus Partners Wealth increased its position in Service Corporation International by 3.1% in the first quarter. Focus Partners Wealth now owns 10,571 shares of the company’s stock worth $848,000 after purchasing an additional 321 shares during the period. Finally, Sunbelt Securities Inc. acquired a new stake in Service Corporation International in the third quarter worth about $42,000. 85.53% of the stock is currently owned by institutional investors and hedge funds.

Service Corporation International Stock Performance

NYSE SCI opened at $78.76 on Tuesday. The business’s 50-day moving average price is $75.69 and its 200 day moving average price is $79.31. The company has a current ratio of 0.57, a quick ratio of 0.52 and a debt-to-equity ratio of 3.22. Service Corporation International has a twelve month low of $68.41 and a twelve month high of $88.67. The company has a market capitalization of $10.87 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 1.77 and a beta of 0.84.

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

Service Corporation International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.36 dividend. The ex-dividend date was 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 1.8%. Service Corporation International’s payout ratio is 37.99%.

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.