Carriage Services (NYSE:CSV) Issues FY 2026 Earnings Guidance

Carriage Services (NYSE:CSV) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.350-3.550 for the period, compared to the consensus earnings per share estimate of 3.450. The company issued revenue guidance of $440.0 million-$450.0 million, compared to the consensus revenue estimate of $428.7 million.

Carriage Services Stock Down 0.8%

Carriage Services stock traded down $0.34 on Wednesday, hitting $44.18. 51,583 shares of the stock traded hands, compared to its average volume of 84,932. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 2.23. The business’s fifty day simple moving average is $43.24 and its 200 day simple moving average is $43.66. Carriage Services has a 1 year low of $35.51 and a 1 year high of $49.41. The firm has a market cap of $695.39 million, a P/E ratio of 14.21, a price-to-earnings-growth ratio of 0.85 and a beta of 0.95.

Carriage Services (NYSE:CSV) last announced its earnings results 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 21.39% and a net margin of 11.98%.Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. As a group, sell-side analysts forecast that Carriage Services will post 2.5 earnings per share for the current year.

Carriage Services Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Carriage Services

Hedge funds have recently added to or reduced their stakes in the company. Millennium Management LLC boosted its stake in Carriage Services by 597.1% during the 4th quarter. Millennium Management LLC now owns 136,149 shares of the company’s stock valued at $5,759,000 after purchasing an additional 116,617 shares during the last quarter. Punch & Associates Investment Management Inc. increased its holdings in shares of Carriage Services by 59.3% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 211,425 shares of the company’s stock worth $9,417,000 after buying an additional 78,730 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Carriage Services by 12.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 477,238 shares of the company’s stock valued at $21,829,000 after purchasing an additional 52,889 shares in the last quarter. Qube Research & Technologies Ltd increased its position in shares of Carriage Services by 64.0% in the third quarter. Qube Research & Technologies Ltd now owns 134,440 shares of the company’s stock valued at $5,988,000 after acquiring an additional 52,444 shares during the period. Finally, Credit Agricole S A bought a new stake in shares of Carriage Services during the 3rd quarter valued at about $2,090,000. Institutional investors and hedge funds 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.