Service Co. International (NYSE:SCI) Releases Q4 Earnings Guidance

Service Co. International (NYSE:SCI) updated its fourth quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $1.00-1.10 for the period, compared to the consensus earnings per share estimate of $1.07.

Service Co. International Stock Down 0.3 %

Shares of NYSE:SCI traded down $0.25 during mid-day trading on Wednesday, hitting $76.21. 1,065,405 shares of the company traded hands, compared to its average volume of 897,626. The stock has a 50-day moving average price of $77.46 and a two-hundred day moving average price of $73.96. Service Co. International has a 12-month low of $52.89 and a 12-month high of $81.32. The stock has a market cap of $11.10 billion, a P/E ratio of 21.97, a P/E/G ratio of 2.17 and a beta of 0.84. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 3.05.

Service Co. International (NYSE:SCI) last posted its earnings results on Wednesday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.07). The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.03 billion. Service Co. International had a return on equity of 32.07% and a net margin of 12.32%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.83 EPS. On average, equities research analysts forecast that Service Co. International will post 3.52 earnings per share for the current year.

Service Co. International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.57%. The ex-dividend date was Friday, September 13th. Service Co. International’s dividend payout ratio (DPR) is presently 34.48%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Service Co. International from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st.

Insider Activity at Service Co. International

In other Service Co. International news, Director Ellen Ochoa sold 2,642 shares of the business’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $76.41, for a total value of $201,875.22. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Service Co. International news, Director Ellen Ochoa sold 2,642 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $76.41, for a total transaction of $201,875.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Thomas L. Ryan sold 80,638 shares of the business’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $73.97, for a total transaction of $5,964,792.86. Following the completion of the sale, the chief executive officer now directly owns 988,365 shares in the company, valued at approximately $73,109,359.05. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 5.10% of the stock is owned by company insiders.

Service Co. International Company Profile

Service Corporation International provides deathcare products and services in the United States and Canada. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses. The company also provides professional services related to funerals and cremations, including the use of funeral home facilities and motor vehicles; arranging and directing services; and removal, preparation, embalming, cremation, memorialization, and travel protection, as well as catering services.