Carriage Services (NYSE:CSV) Issues Earnings Results

Carriage Services (NYSE:CSV) announced its earnings results on Wednesday. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.01, Zacks reports. The business had revenue of $106.12 million during the quarter, compared to the consensus estimate of $111.39 million. Carriage Services had a net margin of 10.58% and a return on equity of 20.24%. Carriage Services updated its FY 2026 guidance to 3.350-3.550 EPS.

Carriage Services Price Performance

Shares of NYSE CSV opened at $44.61 on Friday. The business’s 50 day moving average price is $45.85 and its 200 day moving average price is $44.07. The firm has a market cap of $702.65 million, a P/E ratio of 16.16, a P/E/G ratio of 0.91 and a beta of 0.90. Carriage Services has a 52 week low of $39.88 and a 52 week high of $52.10. The company has a quick ratio of 0.84, a current ratio of 0.98 and a debt-to-equity ratio of 2.09.

Carriage Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 4th will be given a $0.1125 dividend. The ex-dividend date is Monday, May 4th. This represents a $0.45 dividend on an annualized basis and a yield of 1.0%. Carriage Services’s dividend payout ratio is currently 16.30%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CSV. Weiss Ratings lowered Carriage Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, April 21st. Barrington Research restated an “outperform” rating and set a $60.00 price target on shares of Carriage Services in a research note on Monday, April 27th. Four investment 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 a consensus rating of “Moderate Buy” and an average price target of $61.67.

Institutional Investors Weigh In On Carriage Services

Large investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd purchased a new stake in Carriage Services in the third quarter valued at approximately $29,000. Jones Financial Companies Lllp lifted its holdings in Carriage Services by 1,736.0% in the first quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock valued at $36,000 after acquiring an additional 868 shares during the period. Quarry LP acquired a new position in Carriage Services in the third quarter valued at approximately $51,000. Raymond James Financial Inc. acquired a new position in Carriage Services in the second quarter valued at approximately $71,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Carriage Services by 159.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,750 shares of the company’s stock valued at $80,000 after purchasing an additional 1,075 shares during the period. 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.