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

Carriage Services (NYSE:CSV) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 3.350-3.550 for the period, compared to the consensus EPS estimate of 3.450. The company issued revenue guidance of $435.0 million-$445.0 million, compared to the consensus revenue estimate of $442.6 million.

Carriage Services Stock Performance

NYSE:CSV traded up $0.67 during mid-day trading on Wednesday, reaching $41.18. The stock had a trading volume of 151,741 shares, compared to its average volume of 116,940. Carriage Services has a twelve month low of $36.39 and a twelve month high of $52.10. The business has a 50 day simple moving average of $38.90 and a 200 day simple moving average of $42.75. The firm has a market capitalization of $653.57 million, a price-to-earnings ratio of 14.92, a PEG ratio of 0.78 and a beta of 0.84. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.99 and a current ratio of 1.15.

Carriage Services (NYSE:CSV) last released its earnings results on Wednesday, August 5th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.04). Carriage Services had a return on equity of 19.78% and a net margin of 10.58%.Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. On average, analysts expect that Carriage Services will post 3.46 earnings per share for the current fiscal year.

Carriage Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 3rd will be paid a $0.1125 dividend. The ex-dividend date is Monday, August 3rd. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.1%. Carriage Services’s payout ratio is 16.30%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CSV. Barrington Research reaffirmed an “outperform” rating and set a $60.00 price objective on shares of Carriage Services in a report on Monday, April 27th. Weiss Ratings downgraded Carriage Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.67.

Institutional Investors Weigh In On Carriage Services

A number of institutional investors and hedge funds have recently modified their holdings of CSV. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Carriage Services by 4.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,090 shares of the company’s stock worth $313,000 after purchasing an additional 312 shares during the last quarter. Jones Financial Companies Lllp grew 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 purchasing an additional 868 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Carriage Services in the first quarter valued at $689,000. Creative Planning purchased a new position in shares of Carriage Services in the second quarter valued at $200,000. Finally, Rhumbline Advisers raised its stake in shares of Carriage Services by 8.2% during the 2nd quarter. Rhumbline Advisers now owns 21,856 shares of the company’s stock worth $1,000,000 after buying an additional 1,654 shares during the last quarter. 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.