Carriage Services (NYSE:CSV) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Carriage Services (NYSE:CSV) issued its quarterly earnings data on Wednesday. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.85 by $0.01, Zacks reports. The business had revenue of $106.12 million during the quarter, compared to the consensus estimate of $111.39 million. Carriage Services had a net margin of 12.34% and a return on equity of 21.22%. Carriage Services updated its FY 2026 guidance to 3.350-3.550 EPS.

Carriage Services Price Performance

CSV stock opened at $46.60 on Thursday. The company has a fifty day moving average price of $45.85 and a 200-day moving average price of $44.07. The company has a market capitalization of $734.01 million, a P/E ratio of 14.30, a PEG ratio of 0.93 and a beta of 0.90. Carriage Services has a 52-week low of $39.88 and a 52-week high of $52.10. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.84 and a current ratio of 0.98.

Carriage Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 4th will be paid a dividend of $0.1125 per share. The ex-dividend date of this dividend is Monday, May 4th. This represents a $0.45 annualized dividend and a dividend yield of 1.0%. Carriage Services’s dividend payout ratio (DPR) is presently 13.80%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Barrington Research reissued an “outperform” rating and issued a $60.00 price objective on shares of Carriage Services in a research note on Monday, April 27th. Weiss Ratings downgraded shares of Carriage Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $61.67.

Hedge Funds Weigh In On Carriage Services

Large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Carriage Services during the third quarter valued at $29,000. Jones Financial Companies Lllp raised its stake in Carriage Services by 1,736.0% during the first quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock worth $36,000 after buying an additional 868 shares during the last quarter. Quarry LP bought a new position in Carriage Services during the third quarter worth $51,000. Raymond James Financial Inc. bought a new position in Carriage Services during the second quarter worth $71,000. Finally, Tower Research Capital LLC TRC raised its stake in Carriage Services by 159.3% during 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 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.