Carriage Services (NYSE:CSV) Releases Earnings Results, Misses Expectations By $0.05 EPS

Carriage Services (NYSE:CSV) posted its quarterly earnings data on Wednesday. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.05), Zacks reports. The firm had revenue of $105.48 million for the quarter, compared to analyst estimates of $103.50 million. Carriage Services had a return on equity of 21.39% and a net margin of 11.98%. Carriage Services updated its FY 2026 guidance to 3.350-3.550 EPS.

Carriage Services Stock Performance

Shares of CSV stock opened at $44.18 on Thursday. The stock has a market cap of $695.39 million, a P/E ratio of 14.21, a P/E/G ratio of 0.86 and a beta of 0.95. The company has a debt-to-equity ratio of 2.23, a current ratio of 0.88 and a quick ratio of 0.75. The company has a fifty day moving average price of $43.26 and a two-hundred day moving average price of $43.66. Carriage Services has a one year low of $35.51 and a one year high of $49.41.

Carriage Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Monday, February 2nd will be given a dividend of $0.1125 per share. This represents a $0.45 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, February 2nd. Carriage Services’s dividend payout ratio is 14.47%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Barrington Research reaffirmed an “outperform” rating and set a $60.00 price target on shares of Carriage Services in a research report on Tuesday, February 17th. Weiss Ratings restated a “buy (b)” rating on shares of Carriage Services in a report on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $59.00.

Institutional Investors Weigh In On Carriage Services

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Carriage Services by 3.9% during the third quarter. Vanguard Group Inc. now owns 1,021,161 shares of the company’s stock worth $45,483,000 after purchasing an additional 38,738 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Carriage Services by 0.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 480,788 shares of the company’s stock worth $21,414,000 after acquiring an additional 3,550 shares during the period. Geode Capital Management LLC increased its holdings in shares of Carriage Services by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 386,018 shares of the company’s stock worth $16,333,000 after acquiring an additional 5,870 shares during the last quarter. State Street Corp raised its stake in Carriage Services by 1.3% in the 4th quarter. State Street Corp now owns 311,272 shares of the company’s stock valued at $13,167,000 after acquiring an additional 3,950 shares during the period. Finally, Boston Partners lifted its holdings in Carriage Services by 9.7% during the 4th quarter. Boston Partners now owns 243,749 shares of the company’s stock valued at $10,311,000 after purchasing an additional 21,619 shares during the last quarter. 66.46% of the stock is currently owned by institutional investors and hedge funds.

About Carriage Services

Carriage Services, Inc operates as a leading provider of funeral, cemetery and cremation services in the United States. The company owns and operates a network of funeral homes, cemeteries, crematories and related service facilities, offering a comprehensive suite of end-of-life services. Its portfolio encompasses traditional funeral services, memorials, graveside burials, mausoleum entombment and direct cremation options, alongside personalized tributes and reception arrangements.

In addition to standard funeral and cemetery offerings, Carriage Services provides pre-arrangement planning and financing solutions designed to ease the administrative and financial burden on grieving families.