Carriage Services, Inc. (NYSE:CSV) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Carriage Services, Inc. (NYSE:CSV) have been assigned a consensus rating of “Moderate Buy” from the five brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $61.6667.

A number of research analysts have weighed in on the stock. Weiss Ratings lowered shares of Carriage Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 22nd. Barrington Research reissued an “outperform” rating and issued a $60.00 target price on shares of Carriage Services in a research note on Monday, April 27th.

Carriage Services Trading Up 1.8%

CSV opened at $40.37 on Tuesday. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.15 and a quick ratio of 0.99. The company’s 50 day simple moving average is $44.84 and its two-hundred day simple moving average is $43.83. Carriage Services has a 1-year low of $37.11 and a 1-year high of $52.10. The firm has a market capitalization of $640.72 million, a price-to-earnings ratio of 14.63, a price-to-earnings-growth ratio of 0.78 and a beta of 0.83.

Carriage Services (NYSE:CSV) last released its earnings results on Wednesday, May 6th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.01. Carriage Services had a net margin of 10.58% and a return on equity of 19.78%. The business had revenue of $106.12 million for the quarter, compared to analyst estimates of $111.39 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. Analysts expect that Carriage Services will post 3.45 EPS for the current fiscal year.

Carriage Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 4th were given a dividend of $0.1125 per share. This represents a $0.45 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, May 4th. Carriage Services’s payout ratio is presently 16.30%.

Institutional Trading of Carriage Services

Several institutional investors have recently made changes to their positions in CSV. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Carriage Services by 4.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,090 shares of the company’s stock valued at $313,000 after buying an additional 312 shares during the period. Jones Financial Companies Lllp raised 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 valued at $36,000 after buying an additional 868 shares during the period. Jane Street Group LLC purchased a new stake in shares of Carriage Services during the 1st quarter valued at approximately $689,000. Creative Planning purchased a new stake in shares of Carriage Services during the 2nd quarter valued at approximately $200,000. Finally, Rhumbline Advisers raised its position in shares of Carriage Services by 8.2% during the 2nd quarter. Rhumbline Advisers now owns 21,856 shares of the company’s stock valued at $1,000,000 after buying an additional 1,654 shares during the period. Hedge funds and other 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.