Security National Financial Corp. (SNFCA)
NASDAQ:SNFCA
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Security National Financial
(NASDAQ:SNFCA)
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Rating:68Neutral
Price Target:
$10.00
▲(16.28% Upside)
Action:ReiteratedDate:03/17/26
The score is led by solid underlying financial performance (profitability, improved leverage, and strong recent cash conversion), tempered by data inconsistency/volatility that reduces confidence in trends. Valuation is supportive due to a low P/E, while technical signals are only mildly constructive with mixed momentum.
Positive Factors
Strong cash generation
Consistent positive operating cash flow from 2021–2024 and free cash flow that tracks net income indicate earnings are supported by real cash conversion. That strengthens liquidity, funds reinvestment or deleveraging, and reduces reliance on external financing over the medium term.
Negative Factors
Inconsistent revenue trend
Declining and inconsistent revenue in 2023–2024 weakens confidence in topline stability and constrains margin expansion. Persistent top-line softness limits operating leverage, pressures reinvestment capacity, and makes forecasting earnings and cash generation less reliable over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Consistent positive operating cash flow from 2021–2024 and free cash flow that tracks net income indicate earnings are supported by real cash conversion. That strengthens liquidity, funds reinvestment or deleveraging, and reduces reliance on external financing over the medium term.
Read all positive factors
Security National Financial (SNFCA) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$251.38M
Dividend YieldN/A
Average Volume (3M)41.36K
Price to Earnings (P/E)3.6
Beta (1Y)1.23
Revenue Growth3.25%
EPS Growth-37.79%
CountryUS
Employees1,186
SectorFinancial
Sector Strength70
IndustryFinancial - Mortgages
Share Statistics
EPS (TTM)0.63
Shares Outstanding22,432,762
10 Day Avg. Volume27,264
30 Day Avg. Volume41,356
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)0.54
Price to Sales (P/S)0.65
P/FCF Ratio5.08
Enterprise Value/Market Cap0.87
Enterprise Value/Revenue1.28
Enterprise Value/Gross Profit1.53
Enterprise Value/Ebitda4.62
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Security National Financial Business Overview & Revenue Model
Company Description
Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and acciden...
How the Company Makes Money
SNFCA generates revenue and earnings through multiple operating segments:
1) Life insurance operations
- Premiums: The company collects premiums on life insurance policies (including final expense and preneed insurance).
- Investment income on th...
Security National Financial Earnings Call Summary
Earnings Call Date:Aug 14, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:May 18, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted both challenges and strategic initiatives. While there were notable declines in earnings and revenue in certain segments, the company is actively making strategic investments and adjustments to improve future performance. The shift towards cremation services and the increase in funeral home revenue are positive signs, but the decrease in cemetery operations revenue and increased personnel costs are significant concerns.Positive Updates
Increase in Funeral Home Revenue
In the funeral home division, revenue rose by 1.2% to $3,260,000, driven by a 3.3% increase in funeral sales average.
Negative Updates
Decrease in Net Earnings
Net earnings before tax in 2025 decreased by 14.2% to $1,790,000 from $2,090,000 in the second quarter of 2024.
Read all updates
Q2-2025 Updates
Positive
Negative
Increase in Funeral Home Revenue
In the funeral home division, revenue rose by 1.2% to $3,260,000, driven by a 3.3% increase in funeral sales average.
Read all positive updates
Company Guidance
During the second quarter of 2025, Security National Funeral Homes and Cemeteries reported a decrease in net earnings before tax to $1,790,000, a 14.2% drop from the same period in 2024. Total revenue also declined by 1.7% to $8,140,000. The cemetery operations, in particular, saw earnings fall to $822,000 and a 10% reduction in revenue to $4,330,000, attributed to a 16.4% decrease in interment volumes and lagging preneed land sales. Conversely, the funeral home division experienced a slight rise in revenue by 1.2% to $3,260,000, driven by a 3.3% increase in funeral sales average, although earnings slightly decreased to $387,000. Cremations now constitute 52.8% of their sales, with a 6.1% increase in associated services. The company is focusing on talent development, technology, expense management, and sales culture to navigate current challenges and pursue long-term growth.Security National Financial Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
68
Positive
Cash Flow
71
Positive
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 344.59M | 8.19M | 9.55M | 9.67M | 9.39M |
| Gross Profit | 243.77M | 3.94M | 4.68M | 1.84M | 2.26M |
| EBITDA | 54.65M | 47.14M | 30.39M | 59.88M | 79.32M |
| Net Income | 32.15M | 26.54M | 14.50M | 25.69M | 39.52M |
Balance Sheet | |||||
| Total Assets | 1.55B | 1.49B | 1.43B | 1.46B | 1.55B |
| Cash, Cash Equivalents and Short-Term Investments | 102.26M | 212.14M | 508.48M | 466.78M | 390.64M |
| Total Debt | 102.52M | 106.74M | 105.56M | 161.71M | 251.29M |
| Total Liabilities | 1.14B | 1.15B | 1.12B | 1.17B | 1.25B |
| Stockholders Equity | 410.37M | 338.78M | 312.90M | 292.79M | 299.77M |
Cash Flow | |||||
| Free Cash Flow | 43.85M | 54.85M | 52.77M | 128.85M | 139.42M |
| Operating Cash Flow | 45.54M | 57.32M | 53.88M | 130.45M | 144.64M |
| Investing Cash Flow | -67.21M | -43.13M | 14.61M | -37.16M | -63.61M |
| Financing Cash Flow | -14.32M | -4.01M | -62.04M | -101.22M | -55.08M |
Security National Financial Technical Analysis
Positive
8.60
Price Trends
9.11
Positive
8.93
Positive
8.80
Positive
Market Momentum
0.15
Negative
61.96
Neutral
76.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNFCA, the sentiment is Positive. The current price of 8.6 is below the 20-day moving average (MA) of 9.29, below the 50-day MA of 9.11, and below the 200-day MA of 8.80, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 61.96 is Neutral, neither overbought nor oversold. The STOCH value of 76.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SNFCA.
Security National Financial Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $251.38M | 3.56 | 8.71% | ― | 3.25% | -37.79% | |
68 Neutral | $1.60B | 4.92 | 28.19% | ― | 10.85% | 77.59% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | $732.13M | 7.28 | 16.95% | ― | 36.73% | 27.50% | |
54 Neutral | $4.78B | 16.04 | 12.18% | 0.90% | 25.42% | 190.85% | |
46 Neutral | $606.71M | -6.97 | -24.39% | ― | 3.91% | 27.78% |
* Financial Sector Average
SNFCA
Security National Financial
9.70
0.53
5.77%
ECPG
Encore Capital
74.78
43.10
136.05%
PFSI
PennyMac Financial
91.61
-1.78
-1.91%
LDI
loanDepot
1.40
0.24
20.69%
VEL
Velocity Financial
18.66
1.01
5.72%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.