SCI - Service Corporation International
| Previous Close | 47.36 |
| Open | 47.35 |
| Bid | 40.00 x 800 |
| Ask | 47.09 x 800 |
| Day's Range | 46.96 - 47.50 |
| 52 Week Range | 37.03 - 47.87 |
| Volume | 492,314 |
| Avg. Volume | 898,832 |
| Market Cap | 8.554B |
| Beta (3Y Monthly) | 0.92 |
| PE Ratio (TTM) | 19.62 |
| EPS (TTM) | 2.39 |
| Earnings Date | Jul 29, 2019 - Aug 2, 2019 |
| Forward Dividend & Yield | 0.72 (1.53%) |
| Ex-Dividend Date | 2019-06-13 |
| 1y Target Est | 50.50 |
- InvestorPlace•3 days ago
7 Services Stocks to Buy for the Rest of 2019
One of the biggest contributing factors for Donald Trump's electoral victory in 2016 was fear. Like a marketing expert, the then-real estate mogul tapped into underlying industrial blue-collar concerns about job displacement; hence, we heard topics such as coal that haven't been raised in quite some time. But the overriding reality is that nominally, nothing beats the service sector. Logically, then, you should consider adding services stocks to your portfolio.If you look at the numbers, it's not a foreign "other" that's creating a paradigm shift in the blue-collar workspace. Instead, the advent of technologies such as the internet, digitalization, and e-commerce have sparked massive opportunities in the service sector. According to the U.S. Census Bureau, this entire segment generated $15.5 trillion at the end of 2017. That alone is enough reason to justify pushing services stocks to buy.It's also quite telling that a majority of the sub-segments within the service industry are primarily white-collar occupations. Categories like information, finance and insurance, and even arts, entertainment, and recreation produced relatively strong single-digit revenue growth. On the other hand, areas such as utilities, and transportation and warehousing, suffered conspicuous declines.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnsurprisingly, economic components like the latter two categories are most at risk for automation. Of course, that represents a significant concern for the labor market. However, as an investor toward services stocks, automation can be a wonderful tool to maintain relevancy. * 7 Dependable Dividend Stocks to Buy Automation or not, the best part about the service sector is its broad reach. Unlike other lists of stocks to buy, you will almost surely find something to like.With that, here are seven services stocks to order up for the rest of the year. Ventas (VTR)Anytime you're pondering the best stocks to buy, you go where the demand is. In the case of healthcare real-estate investment trust Ventas (NYSE:VTR), no matter how advanced technology becomes, it can never replace the human element involved in senior-living provisions. Although this segment has been quite choppy in recent years, VTR stock shows significant fundamental promise.For one thing, we're on the cusp of a dramatic demographic shift. Following the end of World War II, people got, well, busy. That resulted in an unprecedented surge in population size. And because of this dynamic, we're seeing 10,000 Americans turn 65 years old daily. In a few more years, these individuals may consider senior-assisted living, which bolsters the case for VTR stock.Moreover, Ventas may organically benefit from political tailwinds. Developments within the Medicare Advantage program suggest that seniors will have greater access to federal funds for senior-care residential expenses. This implies a greater willingness to use senior services, which obviously assists VTR stock. Service Corporation (SCI)I love stocks that focus on the retirement sector. That said, no matter how much we take care of our seniors, they will eventually die. Given this inevitability, we have two choices: we can pretend that death won't affect us, or we can proactively strategize for it. Either way, you're going to die too. And this is the brutal investment thesis behind Service Corporation (NYSE:SCI) and SCI stock.Before we dive in, I must admit that I don't like buying into shares on a hot streak. Year-to-date, SCI stock is up nearly 19%, thus explaining my hesitancy. Moreover, SCI has exceeded its prior all-time high during the late 1990s. Plus, there are some rumblings about competition threatening the top players. With all that said, I'm long-term bullish. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond As I mentioned earlier, it's a simple and brutal proposition. A recession - if it occurs - won't stop people from dying. Indeed, it might accelerate deaths nationwide. Cynically, this benefits SCI stock. Furthermore, we have a wave of humanity from the baby boom that will say their last goodbyes. I think there's more than enough "demand" to satisfy market players. H&R Block (HRB)We've all heard this adage: nothing is certain but death and taxes. In most cases in which this statement is uttered, it's a reflection of life's cruel inevitabilities. But for someone looking for viable services stocks to buy, it's a brilliant (and free) piece of advice. If you're squeamish about death care, you should try your hand at tax care with H&R Block (NYSE:HRB) and HRB stock.As my friend and InvestorPlace colleague Will Ashworth wrote, I see potential with HRB stock. Sure, it's a tough road. H&R Block doesn't have the greatest financials. And to Ashworth's countering arguments, the company faces competitive threats from fintech innovations. But with the massive shift toward the "gig economy," the demand for HRB's services will only rise.Plus, I have a quick word about fintech innovations. I'm a smart guy, but there are two things that drive me insane: deciphering healthcare policies and taxes. Last year, the tax code changed and it was a nightmare to finish my obligatory payments to Uncle Sam. That's a sentiment shared by many others. The point is, interacting with an app or program is the last thing I want to do on April 15.In other words, get me a human. Get me HRB stock. RCI Hospitality (RICK)When you invest, you really should adopt an agnostic viewpoint: you want to focus on the numbers and the broader fundamentals. With that in mind, when one of the best services stocks to buy is RCI Hospitality (NASDAQ:RICK).How do I describe the underlying business of RICK stock without triggering unwanted attention? Let's just say that RCI specializes in upscale rhythmic-gyration establishments. These are services that you've never advantaged, but you know many friends that do.All joking aside, the pulsating action that occurs here is serious stuff. You know what they say about the "intimacy" industry being recession-proof? Nothing is truly recession proof, of course, but this particular service performed remarkably well in the last major downturn. With questions sprouting about the current economy, this is a good reason to buy RICK stock. * 10 Stocks to Sell for an Economic Slowdown The other is that shares are on deep discount. On a YTD basis, RICK stock has lost nearly 19%. However, I don't see this lasting because of this sector's obvious demand base. Match Group (MTCH)When used correctly and safely, online dating is a wonderful experience for many reasons. Primarily, it's the culmination of the marriage between technology and tradition. After all, a successful outcome typically leads to expanded families and more humans on the earth.Secondly, online dating gives dorks like me a chance to do the latter. I have a special place in my heart for Match Group (NASDAQ:MTCH). But does that mean you should buy MTCH stock?The short answer is yes. Not because of my inability to engage with the opposite sex, but because millions of Americans apparently feel the same. According to the Pew Research Center, attitudes overall toward online dating has shifted positively. Naturally, this is especially true for the young demographic. Because millennials dominate the workforce, this is a key reason supporting MTCH stock.Another factor bolstering Match's inclusion among services stocks to buy is rising participation. Approximately 50 million Americans have tried online dating, and most of them are looking for relationships. It's safe to say that MTCH stock will remain relevant for a very long time. Uber (UBER)Source: Shutterstock Without hesitation, I would place Uber Technologies (NYSE:UBER) on any list of services stocks to buy. Because of the rise in technology and automation, we're at a unique time in human development. Companies are just now executing tech platforms that genuinely help the average person, rather than innovating for innovation's sake. Due to this one simple fact, I'm long-term bullish on UBER stock.By now, you've all heard of Uber and most likely use it on a frequent basis. But I didn't really understand the power of this innovation until I recently traveled to eastern Europe. Getting around in the former Soviet bloc is at times a tricky affair, especially if you're not a local. But with Uber, all critical operation occurred inside an intuitive app: I just needed to show up.And how could I trust this ride-sharing app in an unfamiliar part of the world? Simple: with Uber, you witness the free market working in real time. If an Uber driver wanted to deliberately harm me, guess what? That person is out of a job that they probably need. It's this ability to open up new doors is one of many reasons why I'm confident in UBER stock. MedMen Enterprises (MMNFF)Source: Shutterstock Decades from now, we'll look back and recognize green investments as one of the transformative services stocks to buy. No, I'm not talking about the environment, although that's important too. Rather, I'm talking about marijuana, which now that I think about it is part of the environment. So perhaps the cannabis industry is a win-win for everyone!Admittedly, that statement is a stretch. But I'm not joking about cannabis stocks to buy. Although they're going through a rough patch right now, I'm sure they'll recover. In the meantime, you can pick up great companies on discount. And if you're a true speculator, you should consider MedMen Enterprises (OTCMKTS:MMNFF) and MMNFF stock.Why MedMen? With recreational legalization trends gaining electoral steam, MedMen raced to the top tier among marijuana dispensaries. They specialize in a wide range of premium cannabis products from "botanicals" to edibles. And the emphasis on quality is what separates MMNFF stock from the run-of-the-mill dispensary.During the dark days, merely having access to weed was a plus. Now, with federal legalization probably on the horizon at some point, just having weed isn't enough; instead, you must have the good stuff. With MedMen establishing a premium brand in marijuana's nascent stage, I expect MMNFF stock to steadily move higher.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best Stocks for 2019: A Volatile First Half * 7 Simple Ways for Young Investors to Invest Their First $1,000 * 6 Stocks to Buy Based on Insider Buying The post 7 Services Stocks to Buy for the Rest of 2019 appeared first on InvestorPlace.
- Simply Wall St.•5 days ago
Should We Be Delighted With Service Corporation International's (NYSE:SCI) ROE Of 26%?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- American City Business Journals•20 days ago
Behind The List: See how much Houston's highest-paid public CEOs earn and how that compares to their employees' pay
Find out which Houston-based public companies have the highest-paid CEOs and how those executives' total compensation compares to the median employee pay at their companies.
- Simply Wall St.•25 days ago
Does This Valuation Of Service Corporation International (NYSE:SCI) Imply Investors Are Overpaying?
Does the June share price for Service Corporation International (NYSE:SCI) reflect what it's really worth? Today, we...
- PR Newswire•last month
Service Corporation International To Redeem All Outstanding 5.375% Senior Notes Due 2022
HOUSTON, June 14, 2019 /PRNewswire/ -- Service Corporation International (SCI) announced today that it intends to redeem all of the outstanding 5.375% Senior Notes due 2022 (the "Notes") not purchased pursuant to its previously announced tender offer for such Notes. Payment will be made upon presentation and surrender of the Notes to The Bank of New York Mellon Trust Company, N.A. The statements in this press release that are not historical facts are forward-looking statements made in reliance on the "safe harbor" protections provided under the Private Securities Litigation Reform Act of 1995.
- Insider Monkey•last month
Were Hedge Funds Right About Flocking Into Service Corporation International (SCI) ?
We at Insider Monkey have gone over 738 13F filings that hedge funds and famous value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article we look at what those investors think of Service Corporation International (NYSE:SCI). Service Corporation […]
- Markit•last month
See what the IHS Markit Score report has to say about Service Corporation International.
Service Corporation International NYSE:SCIView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate and increasing * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderate for SCI with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on May 16. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $983 million over the last one-month into ETFs that hold SCI are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. SCI credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Simply Wall St.•last month
What Is Service Corporation International's (NYSE:SCI) Share Price Doing?
Service Corporation International (NYSE:SCI), which is in the consumer services business, and is based in United...
- PR Newswire•2 months ago
Service Corporation International Honors 2018 Service Excellence Award Winners
HOUSTON , May 29, 2019 /PRNewswire/ -- Service Corporation International (NYSE: SCI), North America's largest provider of funeral, cemetery and cremation services, and its brand, Dignity Memorial® , today ...
- Zacks•2 months ago
Why Is Service Corp. (SCI) Up 0.7% Since Last Earnings Report?
Service Corp. (SCI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- PR Newswire•2 months ago
Service Corporation International Announces New Unsecured Credit Agreement
HOUSTON , May 23, 2019 /PRNewswire/ -- Service Corporation International (NYSE: SCI) (the "Company") announces that it has entered into a $1 .650 billion unsecured credit agreement maturing in ...
- PR Newswire•2 months ago
Service Corporation International Completes Offering of $750 Million of Senior Notes
HOUSTON, May 21, 2019 /PRNewswire/ -- Service Corporation International (SCI) (the "Company") announced today that it has successfully completed its previously announced public offering of $750 million aggregate principal amount of 5.125% Senior Notes due 2029. The offering was made by means of an underwritten public offering pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). Wells Fargo Securities, LLC acted as the lead joint book-running manager for the offering. The Company will use net proceeds from the offering to repurchase its $425 million aggregate principal amount of 5.375% Senior Notes due 2022 pursuant to the Company's previously announced tender offer and consent solicitation, repay outstanding borrowings under its revolving credit facility, and pay related fees and expenses.
- PR Newswire•2 months ago
Service Corporation International Announces Early Results of Tender Offer and Consent Solicitation
HOUSTON, May 21, 2019 /PRNewswire/ -- Service Corporation International (SCI) (the "Company"), announces today the early results for its previously announced tender offer and consent solicitation. As of 5:00 p.m., New York City time, on May 20, 2019 (the "Consent Date"), the Company had received tenders for approximately $326 million in aggregate principal amount of its outstanding 5.375% Senior Notes due 2022 (CUSIP No. 817565 BZ6 / ISIN US817565BZ69) (the "Notes") (representing approximately 77% of the Notes outstanding at the commencement of the tender offer and consent solicitation). The Company has exercised its early settlement option to accept for payment all Notes tendered on or prior to the Consent Date, which settlement will occur today concurrently with the closing of the Company's previously announced capital markets transaction.
- American City Business Journals•2 months ago
Rice University to add new athletics facility following Houston exec's donation
Rice University is set to add a new 80,000-square-foot indoor athletics facility on campus thanks to a financial donation from Service Corporation International (NYSE: SCI) founder and former chairman Robert Waltrip.
- Moody's•2 months ago
Service Corporation International -- Moody's rates Service Corporation notes at Ba3
Moody's Investors Service ("Moody's") assigned a Ba3 rating to Service Corporation International, ("Service Corporation" or "SCI") proposed senior unsecured (non-guaranteed) notes due 2029. The net proceeds of the proposed notes will be used for general corporate purposes, including SCI's 5.375% notes due 2022 and repayment of revolving credit facility loans. SCI also announced it is seeking to amend terms and extend maturity of its senior unsecured guaranteed revolving credit facility and term loan due 2022.
- Simply Wall St.•2 months ago
Does Service Corporation International's (NYSE:SCI) CEO Salary Compare Well With Others?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of SCI earnings conference call or presentation 25-Apr-19 1:00pm GMT
Q1 2019 Service Corporation International Earnings Call
- PR Newswire•2 months ago
Service Corporation International Declares Quarterly Cash Dividend
HOUSTON, May 8, 2019 /PRNewswire/ -- Service Corporation International (SCI), the largest provider of deathcare products and services in North America, today announced that its Board of Directors has approved a quarterly cash dividend of eighteen cents per share of common stock. The quarterly cash dividend announced today is payable on June 28, 2019 to shareholders of record at the close of business on June 14, 2019. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends, and the establishment of record and payment dates, are subject to final determination by the Board of Directors each quarter after its review of the Company's financial performance.
- PR Newswire•2 months ago
Service Corporation International Announces Pricing of Senior Notes Offering
HOUSTON, May 7, 2019 /PRNewswire/ -- Service Corporation International (SCI) (the "Company") announces that it has priced an underwritten public offering of $750 million aggregate principal amount of 5.125% Senior Notes due 2029. The Company expects to close the sale of the notes on May 21, 2019, subject to the satisfaction of customary closing conditions. The Company will use net proceeds from the offering, together with cash on hand, to repurchase its $425 million 5.375% Senior Notes due 2022 pursuant to a concurrent tender offer and consent solicitation, repay outstanding borrowings under its revolving credit facility, and pay related fees and expenses.
- PR Newswire•2 months ago
Service Corporation International Announces Senior Notes Offering
HOUSTON, May 7, 2019 /PRNewswire/ -- Service Corporation International (SCI) (the "Company") announces that it intends to offer $750 million aggregate principal amount of senior notes, subject to market and other conditions. The Company will use net proceeds from the offering, together with cash on hand, to repurchase its $425 million 5.375% Senior Notes due 2022 pursuant to a concurrent tender offer and consent solicitation, repay outstanding borrowings under its revolving credit facility, and pay related fees and expenses. Wells Fargo Securities will act as the lead joint book-running manager for the offering.
- PR Newswire•2 months ago
Service Corporation International Announces Commencement of Cash Tender Offer and Consent Solicitation
HOUSTON, May 7, 2019 /PRNewswire/ -- Service Corporation International (SCI) (the "Company"), announces that it commenced a cash tender offer to repurchase its $425 million 5.375% Senior Notes due 2022 (CUSIP No. 817565 BZ6/ ISIN US817565BZ69) (the "Notes") and related consent solicitation. The tender offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated May 7, 2019 (as amended or supplemented from time to time, the "Statement"), and in the related Consent and Letter of Transmittal, dated May 7, 2019 (as amended or supplemented from time to time, the "Letter of Transmittal" and, together with the Statement, the "Offer Documents"). In connection with the tender offer, and on the terms and subject to the conditions set forth in the Offer Documents, the Company is soliciting consents of holders of the Notes to authorize the elimination of certain of the restrictive covenants contained in the indentures governing the Notes (the "Proposed Amendments").
- Zacks•2 months ago
Near-Term Worries Make Funeral Services Industry Outlook Morbid
Near-Term Worries Make Funeral Services Industry Outlook Morbid
