Carriage Services (NYSE:CSV) Issues Earnings Results

Carriage Services (NYSE:CSV) released its quarterly earnings data on Wednesday. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.04), Zacks reports. Carriage Services had a net margin of 10.58% and a return on equity of 19.78%. The firm had revenue of $102.95 million for the quarter, compared to the consensus estimate of $108.91 million. Carriage Services updated its FY 2026 guidance to 3.350-3.550 EPS.

Carriage Services Stock Down 10.7%

CSV traded down $4.45 during mid-day trading on Thursday, reaching $36.95. 434,686 shares of the stock were exchanged, compared to its average volume of 109,647. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.99 and a current ratio of 1.15. The stock has a market capitalization of $586.48 million, a PE ratio of 13.39, a price-to-earnings-growth ratio of 0.78 and a beta of 0.84. The company has a 50 day moving average price of $38.90 and a two-hundred day moving average price of $42.75. Carriage Services has a 1 year low of $35.75 and a 1 year high of $52.10.

Carriage Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 3rd will be paid a dividend of $0.1125 per share. The ex-dividend date is Monday, August 3rd. This represents a $0.45 annualized dividend and a yield of 1.2%. Carriage Services’s dividend payout ratio (DPR) is 16.30%.

Trending Headlines about Carriage Services

Here are the key news stories impacting Carriage Services this week:

• Positive Sentiment: Carriage Services reported quarterly earnings of $0.78 per share, up from $0.74 a year earlier, while maintaining a solid 10.58% net margin and 19.78% return on equity. Carriage Services Q2 Earnings Snapshot
• Positive Sentiment: The company confirmed its full-year 2026 EPS guidance midpoint of $3.45, in line with the analyst consensus and indicating no reduction to its earnings outlook. Carriage Services Announces Second Quarter 2026 Results
• Neutral Sentiment: Full-year revenue guidance of $435 million to $445 million brackets the $442.6 million consensus estimate, although the midpoint of $440 million is modestly below expectations. Management scheduled an earnings conference call for August 6.
• Negative Sentiment: Second-quarter revenue was $102.95 million, below the $108.91 million analyst estimate. The revenue miss indicates weaker-than-expected operating performance and was a key catalyst for the stock’s decline. Carriage Services Misses Q2 Earnings and Revenue Estimates
• Negative Sentiment: Adjusted earnings of $0.78 per share missed the $0.82 consensus estimate by $0.04. Investors appear to be focusing more on the current-quarter shortfalls than on the year-over-year EPS improvement. Carriage Services Quarterly Earnings Results

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Carriage Services by 4.0% in the 1st 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 in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Carriage Services by 1,736.0% during the 1st quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock worth $36,000 after buying an additional 868 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Carriage Services during the 1st quarter worth approximately $689,000. Creative Planning purchased a new position in shares of Carriage Services in the 2nd quarter worth approximately $200,000. Finally, Rhumbline Advisers boosted its stake in shares of Carriage Services by 8.2% in 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. 66.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Weiss Ratings downgraded shares of Carriage Services from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 23rd. Barrington Research reaffirmed an “outperform” rating and issued a $60.00 price objective on shares of Carriage Services in a research note on Monday, April 27th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $61.67.

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.