Media stories about Service Corporation International (NYSE:SCI) have trended somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Service Corporation International earned a news impact score of 0.21 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.563358712679 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Service Corp Int Shares Up 32.0% Since SmarTrend’s Buy Recommendation (SCI) (mysmartrend.com)
- Service Corporation International Plans Quarterly Dividend of $0.15 (NYSE:SCI) (footballhebdo.com)
- ETFs with exposure to Service Corp. International : August 11, 2017 (finance.yahoo.com)
- See what the IHS Markit Score report has to say about Service Corporation International. (finance.yahoo.com)
Shares of Service Corporation International (NYSE:SCI) opened at 35.80 on Thursday. The firm has a market cap of $6.70 billion, a P/E ratio of 19.40 and a beta of 0.93. Service Corporation International has a 12-month low of $24.90 and a 12-month high of $35.89. The firm has a 50-day moving average of $34.30 and a 200-day moving average of $32.02.
Service Corporation International (NYSE:SCI) last announced its quarterly earnings results on Wednesday, July 26th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.05. Service Corporation International had a net margin of 11.59% and a return on equity of 24.67%. The company had revenue of $773.20 million for the quarter, compared to the consensus estimate of $769.57 million. During the same quarter in the prior year, the firm earned $0.28 earnings per share. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. On average, equities analysts forecast that Service Corporation International will post $1.47 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Thursday, September 14th. Service Corporation International’s dividend payout ratio (DPR) is presently 32.43%.
SCI has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of Service Corporation International from a “buy” rating to a “hold” rating in a research report on Wednesday, April 19th. Deutsche Bank AG started coverage on shares of Service Corporation International in a report on Monday, May 1st. They issued a “buy” rating and a $40.00 price objective for the company. BidaskClub downgraded shares of Service Corporation International from a “hold” rating to a “sell” rating in a report on Saturday, June 10th. Finally, Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $37.00 price objective (up previously from $34.00) on shares of Service Corporation International in a report on Friday, July 21st. Five research analysts have rated the stock with a buy rating, Service Corporation International has a consensus rating of “Buy” and a consensus price target of $37.00.
In other news, CEO Thomas L. Ryan sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $31.80, for a total value of $3,180,000.00. Following the completion of the transaction, the chief executive officer now owns 1,175,109 shares of the company’s stock, valued at $37,368,466.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Edward E. Williams sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 1st. The shares were sold at an average price of $32.12, for a total transaction of $321,200.00. Following the completion of the transaction, the director now directly owns 165,372 shares of the company’s stock, valued at approximately $5,311,748.64. The disclosure for this sale can be found here. In the last three months, insiders sold 210,000 shares of company stock valued at $6,725,578. Company insiders own 6.20% of the company’s stock.
Service Corporation International Company Profile
Service Corporation International is a provider of deathcare products and services, with a network of funeral service locations and cemeteries. The Company’s segments include Funeral, Cemetery and Corporate. It conducts both funeral and cemetery operations in the United States and Canada. As December 31, 2016, it operated 1,502 funeral service locations and 470 cemeteries, including 281 funeral service/cemetery combination locations, which are geographically diversified across 45 states, eight Canadian provinces, the District of Columbia, and Puerto Rico.
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