Carriage Services (NYSE:CSV) Stock Price Crosses Below Fifty Day Moving Average – What’s Next?

Carriage Services, Inc. (NYSE:CSV)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $43.60 and traded as low as $42.50. Carriage Services shares last traded at $42.7780, with a volume of 89,147 shares trading hands.

Analyst Ratings Changes

Several research analysts recently commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Carriage Services in a research note on Monday, December 29th. Barrington Research reiterated an “outperform” rating and set a $60.00 price target on shares of Carriage Services in a report on Tuesday, February 17th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $59.00.

Carriage Services Trading Down 0.7%

The company has a quick ratio of 0.84, a current ratio of 0.98 and a debt-to-equity ratio of 2.09. The stock has a market capitalization of $673.33 million, a PE ratio of 13.12, a PEG ratio of 0.84 and a beta of 0.94. The business’s 50-day moving average is $43.60 and its two-hundred day moving average is $43.53.

Carriage Services (NYSE:CSV) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by ($0.05). Carriage Services had a return on equity of 21.22% and a net margin of 12.34%.The firm had revenue of $105.48 million for the quarter, compared to analysts’ expectations of $103.50 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. On average, analysts anticipate that Carriage Services, Inc. will post 2.5 earnings per share for the current fiscal year.

Carriage Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Monday, February 2nd were paid a dividend of $0.1125 per share. This represents a $0.45 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Monday, February 2nd. Carriage Services’s dividend payout ratio (DPR) is currently 13.80%.

Institutional Investors Weigh In On Carriage Services

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Carriage Services in the third quarter valued at approximately $29,000. Jones Financial Companies Lllp grew its position in shares of Carriage Services by 1,736.0% during the first quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock worth $36,000 after acquiring an additional 868 shares during the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Carriage Services in the 3rd quarter valued at $37,000. Quarry LP acquired a new position in shares of Carriage Services in the 3rd quarter valued at $51,000. Finally, Ameritas Investment Partners Inc. raised its position in Carriage Services by 22.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,450 shares of the company’s stock valued at $66,000 after purchasing an additional 262 shares during the last quarter. Hedge funds and other institutional investors own 66.46% of the company’s stock.

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.