Carriage Services (NYSE:CSV) Sets New 12-Month Low – What’s Next?

Carriage Services, Inc. (NYSE:CSV) reached a new 52-week low during trading on Friday . The stock traded as low as $35.75 and last traded at $36.9550, with a volume of 434776 shares changing hands. The stock had previously closed at $41.40.

Trending Headlines about Carriage Services

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

• Positive Sentiment: Second-quarter earnings per share increased to $0.78 from $0.74 a year earlier, indicating continued profit growth. Management also confirmed full-year 2026 EPS guidance with a midpoint of $3.45, in line with the consensus estimate. Carriage Services Announces Second Quarter 2026 Results
• Neutral Sentiment: Carriage Services provided full-year revenue guidance of $435 million to $445 million, with a midpoint of $440 million versus analysts’ $442.6 million estimate. The company held its earnings call on August 6 to discuss the results and outlook. Carriage Services Q2 2026 Earnings Call Transcript
• Negative Sentiment: Second-quarter EPS of $0.78 missed the $0.82 consensus estimate, while revenue of $102.95 million was below analysts’ $108.91 million forecast. The simultaneous earnings and sales misses likely intensified investor concerns about near-term operating performance. Carriage Services Misses Q2 Earnings and Revenue Estimates
• Negative Sentiment: The revenue shortfall was approximately 5.5% below expectations, making the sales miss the clearest negative catalyst in the reported results. Carriage Services Misses Q2 Sales Expectations

Wall Street Analyst Weigh In

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

Carriage Services Stock Performance

The stock has a 50 day simple moving average of $38.79 and a 200 day simple moving average of $42.70. The company has a market cap of $586.48 million, a price-to-earnings ratio of 13.25, a PEG ratio of 0.80 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.

Carriage Services (NYSE:CSV) last posted its earnings results on Wednesday, August 5th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). Carriage Services had a net margin of 10.69% and a return on equity of 19.70%. The company had revenue of $102.95 million during the quarter, compared to analyst estimates of $108.91 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. As a group, analysts predict that Carriage Services, Inc. will post 3.46 EPS for the current year.

Carriage Services Dividend Announcement

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

Institutional Trading of Carriage Services

Several large investors have recently bought and sold shares of CSV. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Carriage Services during the third quarter valued at approximately $29,000. PNC Financial Services Group Inc. boosted its stake in shares of Carriage Services by 50.8% in the first quarter. PNC Financial Services Group Inc. now owns 784 shares of the company’s stock valued at $36,000 after purchasing an additional 264 shares during the period. Jones Financial Companies Lllp boosted 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 valued at $36,000 after purchasing an additional 868 shares during the period. Optiver Holding B.V. grew its holdings in Carriage Services by 2,195.1% during the 1st quarter. Optiver Holding B.V. now owns 941 shares of the company’s stock valued at $43,000 after purchasing an additional 900 shares in the last quarter. Finally, Quarry LP acquired a new stake in Carriage Services during the 3rd quarter valued at $51,000. Institutional investors and hedge funds 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.