Is Service Corp. International (NYSE: SCI) No Longer A Good Investment?

After Hours

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. Most recently, Yahoo Finance reported about the stock as it publicized that SERVICE CORPORATION INTERNATIONAL INCREASES QUARTERLY CASH DIVIDEND.

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Stocks Info

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 $75.56 and fluctuated between $75.75 as its day high and $74.74 as its day low. The current market capitalization of Service Corp. International is $11.03B. A total of 0.79 million shares were traded on the day, compared to an average of 864.08K shares.

In the most recent transaction, WARING SUMNER J III sold 50,000 shares of SCI for 75.07 per share on Mar 07 ’24. After the transaction, the Sr.VP& Chief Operating Officer now owns 289,400 company shares. In a previous transaction on Mar 06 ’24, RYAN THOMAS L sold 50,000 shares at 75.41 per share. SCI shares that President, CEO & Chairman owns now total 988,365.

Among the insiders who sold shares, Tidwell Steven A disposed of 45,995 shares on Mar 06 ’24 at a per-share price of $75.43. This resulted in the Sr.V.P. Sales & Marketing holding 54,354 shares of SCI after the transaction. In another insider transaction, WALTRIP W BLAIR sold 35,850 shares at $75.02 per share on Mar 06 ’24. Company shares held by the Director now total 562,098.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Service Corp. International pays an annual dividend of $1.12, resulting in a dividend yield of 1.48%, and it has a price to earnings (P/E) ratio of 21.43. SCI’s most recent ex-dividend date was 3/14/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 12/14/2023. The SCI stock dividend was $0.29 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. In terms of 52-week highs and lows, SCI has a high of $75.97 and a low of $52.89.

As of this writing, SCI has an earnings estimate of $0.85 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 $0.83. The company reported an EPS of $0.78 in the last quarter, which was 13.00% higher than expectations of $0.69.

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 $4.06B in debt and $728.26M in liabilities at the time. Its Book Value Per Share was $10.53, while its Total Shareholder’s Equity was $1.91B.

Analysts Opinion

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 4.80.

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