There’s No Need To Panic Or Freeze When It Comes To Service Corp. International (NYSE: SCI)

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that SERVICE CORPORATION INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND AND INCREASES SHARE REPURCHASE AUTHORIZATION.

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Stocks Info

Service Corp. International is listed on the NYSE in the Consumer Cyclical sector while operating in the Personal Services industry. At the end of the last regular session, the stock closed at $67.39 and fluctuated between $67.72 as its day high and $66.84 as its day low. The current market capitalization of Service Corp. International is $10.08B. A total of 0.73 million shares were traded on the day, compared to an average of 911.41K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, SCI has seen 2 BUY and 2 SELL insider trades, representing the acquisition of 115,849 and the disposition of 115,849 shares. Over the last 12 months, there were 32 BUYs and 23 SELLs from insiders. Insiders purchased 613,687 shares during that period but sold 545,874.

In the most recent transaction, Faulk John H sold 34,368 shares of SCI for 67.13 per share on Dec 13. After the transaction, the Senior Vice President now owns 49,798 company shares. In a previous transaction on Dec 12, Faulk John H sold 1,332 shares at 66.51 per share. SCI shares that Senior Vice President owns now total 49,798.

Among the insiders who sold shares, Nash Elisabeth G. disposed of 53,084 shares on Nov 30 at a per-share price of $61.39. This resulted in the Sr. V.P. Operations Services holding 108,416 shares of SCI after the transaction. In another insider transaction, Nash Elisabeth G. sold 10,416 shares at $61.29 per share on Nov 29. Company shares held by the Sr. V.P. Operations Services now total 108,416.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Service Corp. International pays an annual dividend of $1.11, resulting in a dividend yield of 1.65%, and it has a price to earnings (P/E) ratio of 21.15. SCI’s most recent ex-dividend date was 12/14/2023 when it declared a $0.29 quarterly dividend that was paid in cash on 12/29/2023. Previously, the company paid the dividend on 9/29/2023 with an ex-dividend date of 9/14/2023. The SCI stock dividend was $0.39 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for SCI in the last 3 months, the mean price target is $74.00 with high estimates of $80.00 and low estimates of $70.00. In terms of 52-week highs and lows, SCI has a high of $74.66 and a low of $52.89.

As of this writing, SCI has an earnings estimate of $0.91 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.96 per share and a lower estimate of $0.85. The company reported an EPS of $0.83 in the last quarter, which was 2.50% higher than expectations of $0.81.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on 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 $4.06B in debt and $728.26M in liabilities at the time. Its Book Value Per Share was $10.90, while its Total Shareholder’s Equity was $1.91B.

Analysts Opinion

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. 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 4.80.

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