After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Service Corporation International (SCI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.09, or 0.14%, to $65.56. The Service Corporation International has recorded 20,030 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed SERVICE CORPORATION INTERNATIONAL PARTNERS WITH DONATE LIFE AMERICA.
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SCI belongs to the Consumer Cyclical sector of the NYSE while operating in the Personal Services industry. At the end of the last regular session, the stock closed at $65.47 and fluctuated between $65.57 as its day high and $65.01 as its day low. The current market capitalization of Service Corporation International is $9.89B. A total of 0.58 million shares were traded on the day, compared to an average of 962.68K shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, SCI has seen 13 BUY and 12 SELL insider trades, representing the acquisition of 187,894 and the disposition of 178,191 shares. Over the last 12 months, there were 47 BUYs and 44 SELLs from insiders. Insiders purchased 854,547 shares during that period but sold 845,201.
In the most recent transaction, RYAN THOMAS L sold 17,878 shares of SCI for 68.95 per share on May 03. After the transaction, the President, CEO & Chairman now owns 962,409 company shares. In a previous transaction on Feb 24, WARING SUMNER J III sold 29,200 shares at 68.67 per share. SCI shares that Sr.VP& Chief Operating Officer owns now total 338,866.
Among the insiders who sold shares, RYAN THOMAS L disposed of 2,836 shares on Feb 23 at a per-share price of $70.95. This resulted in the President, CEO & Chairman holding 962,409 shares of SCI after the transaction. In another insider transaction, RYAN THOMAS L sold 11,049 shares at $70.87 per share on Feb 22. Company shares held by the President, CEO & Chairman now total 962,409.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Service Corporation International pays an annual dividend of $1.08, resulting in a dividend yield of 1.65%, and it has a price to earnings (P/E) ratio of 21.09. SCI’s most recent ex-dividend date was 6/14/2023 when it declared a $0.27 quarterly dividend that was paid in cash on 6/30/2023. Previously, the company paid the dividend on 3/31/2023 with an ex-dividend date of 3/14/2023. The SCI stock dividend was $0.27 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for SCI in the last 3 months, the mean price target is $81.60 with high estimates of $85.00 and low estimates of $74.00. In terms of 52-week highs and lows, SCI has a high of $75.11 and a low of $56.85.
As of this writing, SCI has an earnings estimate of $0.82 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.9 per share and a lower estimate of $0.78. The company reported an EPS of $0.92 in the last quarter, which was 15.00% higher than expectations of $0.8.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SCI’s latest balance sheet shows that the firm has $268.63M in Cash & Short Term Investments as of fiscal 2021. There were $3.97B in debt and $728.26M in liabilities at the time. Its Book Value Per Share was $10.59, while its Total Shareholder’s Equity was $1.91B.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SCI is Buy with a score of 4.75.