Service Corporation International (NYSE:SCI – Free Report) had its target price hoisted by UBS Group from $93.00 to $105.00 in a research report report published on Friday,Benzinga reports. UBS Group currently has a buy rating on the stock.
Several other research firms have also issued reports on SCI. JPMorgan Chase & Co. decreased their target price 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. Wall Street Zen lowered shares of Service Corporation International from a “hold” rating to a “sell” rating in a research note on Sunday, June 28th. Oppenheimer increased their price target on shares of Service Corporation International from $94.00 to $97.00 and gave the stock an “outperform” rating in a research report on Thursday, April 2nd. Finally, Weiss Ratings lowered shares of Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $98.00.
View Our Latest Analysis on SCI
Service Corporation International Stock Up 1.3%
Service Corporation International (NYSE:SCI – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.89 by $0.01. Service Corporation International had a return on equity of 34.38% and a net margin of 12.30%.The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the business posted $0.88 earnings per share. The company’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. Research analysts anticipate that Service Corporation International will post 4.22 EPS for the current year.
Service Corporation International Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, June 15th. This is a positive change from Service Corporation International’s previous quarterly dividend of $0.34. Service Corporation International’s dividend payout ratio (DPR) is 37.60%.
Institutional Investors Weigh In On Service Corporation International
Institutional investors have recently modified their holdings of the company. Sunbelt Securities Inc. purchased a new position in Service Corporation International in the third quarter valued at $42,000. V Square Quantitative Management LLC purchased a new stake in Service Corporation International during the 4th quarter worth about $46,000. Root Financial Partners LLC lifted its holdings in Service Corporation International by 35.7% during the 1st quarter. Root Financial Partners LLC now owns 612 shares of the company’s stock worth $50,000 after buying an additional 161 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Service Corporation International during the 4th quarter worth about $54,000. Finally, Danske Bank A S acquired a new position in shares of Service Corporation International during the 3rd quarter worth about $83,000. 85.53% of the stock is owned by hedge funds and other institutional investors.
Key Service Corporation International News
Here are the key news stories impacting Service Corporation International this week:
- Positive Sentiment: Q2 results exceeded expectations: SCI reported adjusted earnings of $0.90 per share, slightly above the $0.89 consensus estimate, while revenue reached approximately $1.10 billion versus forecasts of $1.08 billion. Revenue rose 3.6% year over year. Service Corporation Q2 Earnings Beat Estimates, Revenues Rise 4% Y/Y
- Positive Sentiment: Operating trends and cash flow improved: Cemetery growth and higher preneed sales supported the quarter, and management increased its cash-flow guidance. The company maintained fiscal 2026 earnings guidance of $4.10 to $4.30 per share, with analysts expecting approximately $4.22. Service Corporation International 2026 Q2 Results Earnings Call Presentation
- Positive Sentiment: UBS raised its price target: UBS Group lifted its target for SCI from $93 to $105 and reiterated a “buy” rating, implying substantial potential appreciation from the stock’s recent trading level. The upgrade reinforces investor confidence in SCI’s earnings durability and outlook. UBS Raises Service Corporation International Price Target
- Neutral Sentiment: Management commentary is receiving attention: The Q2 earnings call transcript and related presentation provide additional detail on cemetery performance, preneed demand, cash flow and the company’s 2026 expectations. Service Corporation International Q2 2026 Earnings Call Transcript
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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