Service Corporation International (SCI) Projected to Post Quarterly Earnings on Wednesday

Service Corporation International (NYSE:SCI - Get Free Report) is expected to release its Q2 2025 earnings data after the market closes on Wednesday, July 30th. Analysts expect Service Corporation International to post earnings of $0.84 per share and revenue of $1.05 billion for the quarter. Service Corporation International has set its FY 2025 guidance at 3.700-4.000 EPS.

Service Corporation International (NYSE:SCI - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $0.05. Service Corporation International had a return on equity of 32.35% and a net margin of 12.58%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the business earned $0.89 earnings per share. Service Corporation International's quarterly revenue was up 2.8% on a year-over-year basis. On average, analysts expect Service Corporation International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Service Corporation International Stock Down 0.2%

NYSE SCI traded down $0.17 during trading hours on Friday, hitting $76.05. 1,137,062 shares of the company traded hands, compared to its average volume of 931,949. The company has a debt-to-equity ratio of 2.87, a quick ratio of 0.46 and a current ratio of 0.51. The business's 50-day moving average is $79.11 and its 200-day moving average is $78.50. The stock has a market capitalization of $10.83 billion, a price-to-earnings ratio of 20.89, a P/E/G ratio of 1.87 and a beta of 0.92. Service Corporation International has a twelve month low of $70.46 and a twelve month high of $89.37.

Service Corporation International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend was Friday, June 13th. Service Corporation International's payout ratio is presently 35.16%.

Insider Buying and Selling at Service Corporation International

In other Service Corporation International news, Director Tony Coelho sold 5,400 shares of the firm'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 completion of the sale, the director owned 43,938 shares of the company's stock, valued at $3,336,651.72. This trade represents a 10.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 4.40% of the company's stock.

Hedge Funds Weigh In On Service Corporation International

Institutional investors and hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its holdings in Service Corporation International by 48.7% in 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 in the last quarter. Royal Bank of Canada boosted its position in shares of Service Corporation International by 38.8% in the first quarter. Royal Bank of Canada now owns 121,883 shares of the company's stock valued at $9,775,000 after acquiring an additional 34,051 shares during the period. Brighton Jones LLC acquired a new position in shares of Service Corporation International in the fourth quarter valued at about $435,000. Finally, Focus Partners Wealth increased its position in Service Corporation International by 3.1% during 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 during the period. 85.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on SCI. Wall Street Zen upgraded shares of Service Corporation International from a "sell" rating to a "hold" rating in a report on Thursday, April 3rd. UBS Group lowered their price objective on shares of Service Corporation International from $90.00 to $88.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $89.25.

About Service Corporation International

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.