Service Corporation International (NYSE:SCI – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.100-4.300 for the period, compared to the consensus EPS estimate of 4.130. The company issued revenue guidance of -.
Service Corporation International Price Performance
Service Corporation International stock traded up $0.03 during midday trading on Friday, reaching $85.31. 662,072 shares of the company were exchanged, compared to its average volume of 1,306,808. The company has a market capitalization of $11.77 billion, a price-to-earnings ratio of 22.28, a P/E/G ratio of 1.92 and a beta of 0.84. The firm’s 50-day simple moving average is $76.37 and its 200-day simple moving average is $79.49. Service Corporation International has a 1 year low of $68.41 and a 1 year high of $90.99. 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 – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. Service Corporation International had a net margin of 12.30% and a return on equity of 34.06%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the firm earned $0.88 EPS. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. On average, analysts anticipate that Service Corporation International will post 4.15 EPS for the current year.
Service Corporation International Increases Dividend
Analyst Upgrades and Downgrades
SCI has been the subject of several recent analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Service Corporation International from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. UBS Group decreased their price objective on Service Corporation International from $95.00 to $93.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Oppenheimer upped their target price on Service Corporation International from $94.00 to $97.00 and gave the company an “outperform” rating in a research note on Thursday, April 2nd. Weiss Ratings downgraded Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. Finally, Wall Street Zen cut Service Corporation International from a “hold” rating to a “sell” rating in a report on Sunday, June 28th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Service Corporation International presently has an average rating of “Moderate Buy” and a consensus price target of $95.00.
Institutional Investors Weigh In On Service Corporation International
A number of institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new position in shares of Service Corporation International in the 4th quarter worth about $435,000. Royal Bank of Canada lifted its position in Service Corporation International by 38.8% during the first quarter. Royal Bank of Canada now owns 121,883 shares of the company’s stock valued at $9,775,000 after buying an additional 34,051 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Service Corporation International by 48.7% during the first quarter. Goldman Sachs Group Inc. now owns 417,387 shares of the company’s stock worth $33,474,000 after buying an additional 136,770 shares during the period. Focus Partners Wealth increased its position in shares of 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 acquiring an additional 321 shares in the last quarter. Finally, Baird Financial Group Inc. increased its position in shares of Service Corporation International by 32.6% in the second quarter. Baird Financial Group Inc. now owns 9,753 shares of the company’s stock worth $794,000 after acquiring an additional 2,398 shares in the last quarter. Hedge funds and other institutional investors own 85.53% of the company’s stock.
About Service Corporation International
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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