Carriage Services (NYSE:CSV) Releases FY 2026 Earnings Guidance

Carriage Services (NYSE:CSV) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 3.350-3.550 for the period, compared to the consensus earnings per share estimate of 3.450. The company issued revenue guidance of $435.0 million-$445.0 million, compared to the consensus revenue estimate of $442.6 million.

Carriage Services Trading Down 10.7%

NYSE:CSV traded down $4.45 during trading hours on Thursday, hitting $36.95. 434,776 shares of the stock were exchanged, compared to its average volume of 110,097. The company has a market capitalization of $586.48 million, a P/E ratio of 13.39, a price-to-earnings-growth ratio of 0.78 and a beta of 0.84. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.99. The company’s 50 day moving average is $38.90 and its two-hundred day moving average is $42.75. Carriage Services has a twelve month low of $35.75 and a twelve month high of $52.10.

Carriage Services (NYSE:CSV) last released its earnings results on Wednesday, August 5th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.04). The firm had revenue of $102.95 million during the quarter, compared to analyst estimates of $108.91 million. Carriage Services had a net margin of 10.58% and a return on equity of 19.78%. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. On average, sell-side analysts anticipate that Carriage Services will post 3.46 earnings per share for the current fiscal year.

Carriage Services Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Barrington Research restated an “outperform” rating and set a $60.00 target price on shares of Carriage Services in a research report on Monday, April 27th. Weiss Ratings cut shares of Carriage Services from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $61.67.

Trending Headlines about Carriage Services

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

• Positive Sentiment: Carriage Services reported second-quarter EPS of $0.78, up from $0.74 a year earlier, while maintaining the midpoint of its 2026 adjusted EPS guidance at $3.45. Carriage Services Announces Second Quarter 2026 Results
• Neutral Sentiment: Management reiterated full-year 2026 EPS guidance of $3.35 to $3.55 and revenue guidance of $435 million to $445 million. The EPS midpoint matches the analyst consensus, while the revenue midpoint of $440 million is modestly below the $442.6 million consensus. Carriage Services Q2 2026 Earnings Call Transcript
• Negative Sentiment: Second-quarter revenue was $102.95 million, below the $108.91 million analyst estimate. EPS of $0.78 also missed the $0.82 consensus by $0.04, signaling weaker-than-expected quarterly operating performance. Carriage Services Misses Q2 Earnings and Revenue Estimates
• Negative Sentiment: The earnings shortfall was accompanied by a revenue miss, making the results less favorable despite a 5% year-over-year increase in EPS. The combination likely heightened concerns about near-term demand and the company’s ability to meet its full-year revenue outlook. Carriage Services Q2 Earnings Snapshot

Institutional Investors Weigh In On Carriage Services

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd bought a new position in Carriage Services during the third quarter worth about $29,000. Jones Financial Companies Lllp boosted its stake in 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 acquiring an additional 868 shares during the last quarter. Quarry LP bought a new position in Carriage Services during the 3rd quarter worth approximately $51,000. Raymond James Financial Inc. bought a new position in shares of Carriage Services during the second quarter worth $71,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of 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 purchasing an additional 1,075 shares in the last quarter. Institutional investors own 66.46% of the company’s stock.

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.