Brokerages predict that Service Co. International (NYSE:SCI) will announce earnings per share of $0.43 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Service Co. International’s earnings, with the highest EPS estimate coming in at $0.44 and the lowest estimate coming in at $0.42. Service Co. International posted earnings per share of $0.35 during the same quarter last year, which suggests a positive year over year growth rate of 22.9%. The business is scheduled to report its next earnings results on Wednesday, July 25th.
According to Zacks, analysts expect that Service Co. International will report full-year earnings of $1.82 per share for the current fiscal year, with EPS estimates ranging from $1.81 to $1.83. For the next year, analysts forecast that the business will report earnings of $1.97 per share, with EPS estimates ranging from $1.95 to $1.99. Zacks’ EPS averages are a mean average based on a survey of research analysts that follow Service Co. International.
Service Co. International (NYSE:SCI) last released its earnings results on Wednesday, April 25th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.04. The business had revenue of $794.50 million for the quarter, compared to analyst estimates of $806.09 million. Service Co. International had a return on equity of 23.42% and a net margin of 14.59%. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 earnings per share.
Shares of Service Co. International traded up $0.50, reaching $36.46, during trading on Friday, Marketbeat reports. The company had a trading volume of 996,000 shares, compared to its average volume of 1,105,635. The firm has a market cap of $6.59 billion, a P/E ratio of 23.52, a PEG ratio of 1.64 and a beta of 0.93. The company has a current ratio of 0.59, a quick ratio of 0.55 and a debt-to-equity ratio of 2.19. Service Co. International has a fifty-two week low of $31.94 and a fifty-two week high of $40.28.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Friday, June 15th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend is Thursday, June 14th. Service Co. International’s dividend payout ratio is presently 43.87%.
In other Service Co. International news, VP Steven A. Tidwell sold 17,384 shares of the business’s stock in a transaction on Friday, June 8th. The stock was sold at an average price of $36.63, for a total transaction of $636,775.92. Following the sale, the vice president now directly owns 50,847 shares in the company, valued at $1,862,525.61. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director W Blair Waltrip sold 1,400 shares of the business’s stock in a transaction on Thursday, June 14th. The stock was sold at an average price of $35.50, for a total value of $49,700.00. Following the sale, the director now owns 666,244 shares in the company, valued at $23,651,662. The disclosure for this sale can be found here. Corporate insiders own 6.60% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the business. CenterStar Asset Management LLC purchased a new stake in Service Co. International during the first quarter worth $110,000. Captrust Financial Advisors purchased a new stake in Service Co. International during the fourth quarter worth $190,000. Campbell & CO Investment Adviser LLC purchased a new stake in Service Co. International during the first quarter worth $202,000. TLP Group LLC boosted its position in Service Co. International by 46,069.2% during the first quarter. TLP Group LLC now owns 6,002 shares of the company’s stock worth $227,000 after purchasing an additional 5,989 shares in the last quarter. Finally, Koch Industries Inc. purchased a new stake in Service Co. International during the fourth quarter worth $243,000. Institutional investors own 86.26% of the company’s stock.
Service Co. International Company Profile
Service Corporation International provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses.
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