Carriage Services (NYSE:CSV) Issues Earnings Results

Carriage Services (NYSE:CSV) issued its earnings results on Wednesday. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04), Zacks reports. Carriage Services had a return on equity of 19.78% and a net margin of 10.58%. Carriage Services updated its FY 2026 guidance to 3.350-3.550 EPS.

Carriage Services Stock Performance

CSV stock traded up $0.67 during midday trading on Wednesday, reaching $41.18. The company had a trading volume of 151,741 shares, compared to its average volume of 116,940. The firm has a market capitalization of $653.57 million, a PE ratio of 14.92, a P/E/G ratio of 0.78 and a beta of 0.84. The stock has a 50 day moving average price of $38.90 and a 200 day moving average price of $42.75. Carriage Services has a fifty-two week low of $36.39 and a fifty-two week high of $52.10. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.99.

Carriage Services Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Barrington Research reiterated an “outperform” rating and issued a $60.00 price target on shares of Carriage Services in a research report on Monday, April 27th. Weiss Ratings downgraded shares of Carriage Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $61.67.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CSV. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Carriage Services in the third quarter valued at $29,000. Jones Financial Companies Lllp lifted its holdings in Carriage Services by 1,736.0% in the 1st 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 last quarter. Quarry LP acquired a new stake in Carriage Services during the third quarter valued at approximately $51,000. Raymond James Financial Inc. bought a new stake in Carriage Services during the second quarter worth approximately $71,000. Finally, Tower Research Capital LLC TRC grew its position in Carriage Services by 159.3% in the second quarter. Tower Research Capital LLC TRC now owns 1,750 shares of the company’s stock worth $80,000 after buying an additional 1,075 shares during the last quarter. Institutional investors and hedge funds own 66.46% of the company’s stock.

Carriage Services Company Profile

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.