Service International Expands Share Repurchase Authorization Program
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The latest announcement is out from Service International ( (SCI) ).
On June 11, 2026, Service Corporation International’s board authorized an additional $472 million for its share repurchase program, lifting the total available buyback capacity to $600 million. The decision underscores the funeral and cemetery operator’s confidence in its balance sheet and cash generation, and signals a continued emphasis on returning capital to shareholders as part of its broader capital-allocation strategy.
The expanded authorization provides SCI with greater flexibility to manage its share count and potentially support earnings per share over time, though actual repurchase levels will depend on market conditions and corporate cash needs. For investors, the move reinforces SCI’s commitment to shareholder returns within the constraints of its financing arrangements and broader risk factors highlighted in its regulatory filings.
The most recent analyst rating on (SCI) stock is a Buy
with a $98.00 price target.
To see the full list of analyst forecasts on Service International stock,
see the SCI Stock Forecast page.
Spark’s Take on SCI Stock
According to Spark, TipRanks’ AI Analyst, SCI is a Neutral.
The score is driven mainly by solid profitability and cash generation, but capped by high leverage and weak technical momentum (below major moving averages with a negative MACD). Reasonable valuation and reaffirmed full-year guidance with strong cemetery/preneed trends help offset near-term risk from declining funeral volumes and margin pressure.
To see Spark’s full report on SCI stock,
click here.
More about Service International
Service Corporation International, headquartered in Houston, is North America’s largest provider of deathcare products and services, including funeral, cemetery and cremation offerings, as well as advance final-arrangement planning. As of March 31, 2026, it served about 700,000 families annually through 1,487 funeral service locations and 503 cemeteries across 44 U.S. states, eight Canadian provinces, the District of Columbia and Puerto Rico.
The company operates a diversified portfolio of brands, led by its flagship Dignity Memorial line, which offers options ranging from simple cremations to full life celebrations and personalized remembrances. Its scale and broad geographic reach position SCI as a dominant consolidator in the fragmented deathcare industry, giving it significant operational leverage and brand recognition in a defensive, demographically driven sector.
Average Trading Volume: 1,400,341
Technical Sentiment Signal: Hold
Current Market Cap: $10.18B
See more insights into SCI stock on TipRanks’ Stock Analysis page.
