Carriage Services, Inc. Declares Quarterly Dividend of $0.11 (NYSE:CSV)

Carriage Services, Inc. (NYSE:CSV) announced a quarterly dividend on Wednesday, April 15th. Shareholders of record on Monday, May 4th will be paid a dividend of 0.1125 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Monday, May 4th.

Carriage Services has increased its dividend payment by an average of 0.1%annually over the last three years. Carriage Services has a payout ratio of 13.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Carriage Services to earn $2.82 per share next year, which means the company should continue to be able to cover its $0.45 annual dividend with an expected future payout ratio of 16.0%.

Carriage Services Trading Down 1.5%

Shares of CSV stock opened at $46.90 on Thursday. 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 business has a 50-day moving average price of $44.54 and a two-hundred day moving average price of $43.74. Carriage Services has a 12-month low of $38.10 and a 12-month high of $49.41. The firm has a market cap of $738.60 million, a P/E ratio of 14.39, a price-to-earnings-growth ratio of 0.93 and a beta of 0.92.

Carriage Services (NYSE:CSV) last issued its quarterly 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 21.22% and a net margin of 12.34%.The firm had revenue of $105.48 million for the quarter, compared to the consensus estimate of $103.50 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. Equities analysts anticipate that Carriage Services will post 2.5 EPS for the current fiscal year.

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.