Analysts Set Carriage Services, Inc. (NYSE:CSV) Target Price at $59.00

Shares of Carriage Services, Inc. (NYSE:CSV) have received a consensus rating of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $59.00.

CSV has been the subject of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Carriage Services in a research note on Monday, December 29th. Barrington Research reissued an “outperform” rating and set a $60.00 price objective on shares of Carriage Services in a research note on Tuesday, February 17th.

Carriage Services Price Performance

Shares of CSV stock opened at $45.46 on Thursday. The stock has a market cap of $715.96 million, a price-to-earnings ratio of 13.94, a PEG ratio of 0.89 and a beta of 0.91. The business’s fifty day moving average is $43.66 and its 200 day moving average is $43.53. Carriage Services has a twelve month low of $35.51 and a twelve month high of $49.41. 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 (NYSE:CSV) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.05). Carriage Services had a net margin of 12.34% and a return on equity of 21.22%. The firm had revenue of $105.48 million for the quarter, compared to analysts’ expectations of $103.50 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. Research analysts expect that Carriage Services will post 2.5 EPS for the current fiscal year.

Carriage Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Monday, February 2nd were given a $0.1125 dividend. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, February 2nd. Carriage Services’s payout ratio is currently 13.80%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd purchased a new position in Carriage Services during the third quarter valued at $29,000. Jones Financial Companies Lllp grew its stake in shares of Carriage Services by 1,736.0% in the first quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock worth $36,000 after acquiring an additional 868 shares during the last quarter. State of Alaska Department of Revenue bought a new position in shares of Carriage Services during the third quarter valued at $37,000. Quarry LP bought a new position in shares of Carriage Services during the third quarter valued at $51,000. Finally, Ameritas Investment Partners Inc. raised its position in shares of Carriage Services by 22.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,450 shares of the company’s stock worth $66,000 after purchasing an additional 262 shares during the last quarter. Institutional investors 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.