Service Corporation International (NYSE:SCI) Issues FY 2025 Earnings Guidance

Key Points

• Service Corporation International (SCI) updated its FY 2025 earnings guidance, projecting earnings per share between $3.700 and $4.00, which is slightly below the consensus estimate of $3.784.
• During mid-day trading on Wednesday, SCI's stock price declined 0.6%, reaching $75.67, with a significant trading volume of 1,753,894 shares exchanged.
• The company recently announced a quarterly dividend of $0.32 per share, resulting in an annualized yield of 1.69%, with a payout ratio of 35.16%.

Service Corporation International (NYSE:SCI - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.700-4.00 for the period, compared to the consensus estimate of 3.784. The company issued revenue guidance of -.

Service Corporation International Price Performance

NYSE:SCI traded up $1.70 during trading hours on Friday, reaching $78.01. 946,056 shares of the company were exchanged, compared to its average volume of 1,180,750. The stock's 50-day moving average is $79.00 and its 200-day moving average is $78.46. Service Corporation International has a twelve month low of $70.46 and a twelve month high of $89.37. The firm has a market cap of $11.11 billion, a PE ratio of 21.10, a price-to-earnings-growth ratio of 1.86 and a beta of 0.92. The company has a current ratio of 0.51, a quick ratio of 0.46 and a debt-to-equity ratio of 2.87.

Service Corporation International (NYSE:SCI - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.04. Service Corporation International had a net margin of 12.60% and a return on equity of 32.38%. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the firm earned $0.79 EPS. Service Corporation International's quarterly revenue was up 3.0% on a year-over-year basis. On average, sell-side analysts anticipate that Service Corporation International will post 3.84 earnings per share for the current fiscal year.

Service Corporation International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a dividend of $0.32 per share. The ex-dividend date was Friday, June 13th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.6%. Service Corporation International's dividend payout ratio (DPR) is currently 34.69%.

Analysts Set New Price Targets

A number of analysts recently issued reports on SCI shares. Wall Street Zen raised Service Corporation International from a "sell" rating to a "hold" rating in a research report on Thursday, April 3rd. UBS Group dropped their target price on shares of Service Corporation International from $90.00 to $88.00 and set a "buy" rating for the company in a report on Friday, May 2nd. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $89.25.

Insiders Place Their Bets

In other news, Director Tony Coelho sold 5,400 shares of the company's stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $75.94, for a total transaction of $410,076.00. Following the sale, the director owned 43,938 shares of the company's stock, valued at approximately $3,336,651.72. This represents a 10.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in shares of Service Corporation International during the 4th quarter worth approximately $435,000. Focus Partners Wealth raised its holdings in Service Corporation International by 3.1% in the 1st quarter. Focus Partners Wealth now owns 10,571 shares of the company's stock valued at $848,000 after acquiring an additional 321 shares during the last quarter. Royal Bank of Canada raised its position in shares of Service Corporation International by 38.8% in the 1st quarter. Royal Bank of Canada now owns 121,883 shares of the company's stock worth $9,775,000 after buying an additional 34,051 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Service Corporation International by 48.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 417,387 shares of the company's stock valued at $33,474,000 after buying an additional 136,770 shares during the period. Hedge funds and other institutional investors own 85.53% of the company's stock.

Service Corporation International Company Profile

Service Corp. International engages in the provision of funeral goods and services. It operates through the Funeral and Cemetery segments. The Funeral segment offers services related to cremations, including the use of home facilities and motor vehicles, arranging and directing services, removal, preparation, embalming, memorialization, and catering.