Wall Street Zen upgraded shares of Service Corporation International (NYSE:SCI – Free Report) from a sell rating to a hold rating in a report issued on Saturday morning.
Other analysts also recently issued research reports about the company. Weiss Ratings downgraded Service Corporation International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. decreased their target price on Service Corporation International from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Finally, UBS Group lifted their target price on Service Corporation International from $93.00 to $105.00 and gave the stock a “buy” rating in a report on Friday. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $98.00.
Get Our Latest Stock Analysis on Service Corporation International
Service Corporation International Price Performance
Service Corporation International (NYSE:SCI – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.08 billion. Service Corporation International had a return on equity of 34.38% and a net margin of 12.30%.The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.88 earnings per share. Service Corporation International has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities research analysts forecast that Service Corporation International will post 4.2 EPS for the current fiscal year.
Service Corporation International Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.36 dividend. This is an increase from Service Corporation International’s previous quarterly dividend of $0.34. This represents a $1.44 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, June 15th. Service Corporation International’s dividend payout ratio is currently 37.60%.
Institutional Investors Weigh In On Service Corporation International
Several large investors have recently modified their holdings of SCI. Geode Capital Management LLC grew its holdings in shares of Service Corporation International by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 3,451,153 shares of the company’s stock worth $269,128,000 after acquiring an additional 16,541 shares during the last quarter. Turtle Creek Asset Management Inc. lifted its holdings in shares of Service Corporation International by 12.0% during the first quarter. Turtle Creek Asset Management Inc. now owns 1,161,496 shares of the company’s stock valued at $95,835,000 after purchasing an additional 124,151 shares during the last quarter. Handelsbanken Fonder AB boosted its position in shares of Service Corporation International by 3.8% in the 2nd quarter. Handelsbanken Fonder AB now owns 881,985 shares of the company’s stock valued at $66,996,000 after purchasing an additional 32,137 shares during the period. Marshall Wace LLP boosted its position in shares of Service Corporation International by 31.8% in the 3rd quarter. Marshall Wace LLP now owns 549,162 shares of the company’s stock valued at $45,701,000 after purchasing an additional 132,591 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake 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 worth $33,474,000 after purchasing an additional 136,770 shares in the last quarter. 85.53% of the stock is owned by institutional investors.
Trending Headlines about Service Corporation International
Here are the key news stories impacting Service Corporation International this week:
- Positive Sentiment: Q2 results exceeded expectations: SCI reported adjusted earnings of $0.90 per share, slightly above the $0.89 consensus estimate, while revenue reached approximately $1.10 billion versus forecasts of $1.08 billion. Revenue rose 3.6% year over year. Service Corporation Q2 Earnings Beat Estimates, Revenues Rise 4% Y/Y
- Positive Sentiment: Operating trends and cash flow improved: Cemetery growth and higher preneed sales supported the quarter, and management increased its cash-flow guidance. The company maintained fiscal 2026 earnings guidance of $4.10 to $4.30 per share, with analysts expecting approximately $4.22. Service Corporation International 2026 Q2 Results Earnings Call Presentation
- Positive Sentiment: UBS raised its price target: UBS Group lifted its target for SCI from $93 to $105 and reiterated a “buy” rating, implying substantial potential appreciation from the stock’s recent trading level. The upgrade reinforces investor confidence in SCI’s earnings durability and outlook. UBS Raises Service Corporation International Price Target
- Neutral Sentiment: Management commentary is receiving attention: The Q2 earnings call transcript and related presentation provide additional detail on cemetery performance, preneed demand, cash flow and the company’s 2026 expectations. Service Corporation International Q2 2026 Earnings Call Transcript
About Service Corporation International
Service Corporation International (NYSE: SCI) is a leading provider of funeral, cremation and cemetery services in North America. Through its network of funeral homes, cemeteries, memorial parks and crematoria, the company offers a broad array of end-of-life services, including traditional funeral ceremonies, memorialization, burial and cremation. In addition to core services, SCI provides grief counseling, pre-need planning and merchandise such as caskets, vaults, urns and memorialization products.
Headquartered in Houston, Texas, Service Corporation International operates more than 1,900 funeral homes, over 450 cemeteries and 40 combination facilities across the United States and Canada.
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