Carriage Services (NYSE:CSV) Issues Quarterly Earnings Results

Carriage Services (NYSE:CSV) announced its earnings results on Wednesday. The company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.05), Zacks reports. Carriage Services had a net margin of 11.98% and a return on equity of 21.39%. Carriage Services updated its FY 2026 guidance to 3.350-3.550 EPS.

Carriage Services Stock Performance

CSV traded down $0.34 during trading on Wednesday, hitting $44.18. The stock had a trading volume of 51,583 shares, compared to its average volume of 84,932. Carriage Services has a 12 month low of $35.51 and a 12 month high of $49.41. The company has a current ratio of 0.88, a quick ratio of 0.75 and a debt-to-equity ratio of 2.23. The firm has a market cap of $695.39 million, a PE ratio of 14.21, a P/E/G ratio of 0.85 and a beta of 0.95. The company has a 50 day simple moving average of $43.24 and a 200-day simple moving average of $43.66.

Carriage Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 2nd will be issued a dividend of $0.1125 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.0%. Carriage Services’s dividend payout ratio is currently 14.47%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. XTX Topco Ltd bought a new position in Carriage Services in the fourth quarter worth $206,000. Millennium Management LLC raised its stake in shares of Carriage Services by 597.1% in the 4th quarter. Millennium Management LLC now owns 136,149 shares of the company’s stock valued at $5,759,000 after buying an additional 116,617 shares in the last quarter. Man Group plc bought a new position in shares of Carriage Services during the 4th quarter worth about $957,000. AQR Capital Management LLC lifted its holdings in shares of Carriage Services by 4.3% during the 4th quarter. AQR Capital Management LLC now owns 10,775 shares of the company’s stock worth $456,000 after acquiring an additional 446 shares during the period. Finally, Lazard Asset Management LLC acquired a new stake in shares of Carriage Services during the 4th quarter valued at about $1,488,000. 66.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on CSV. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Carriage Services in a research report on Monday, December 29th. Barrington Research reaffirmed an “outperform” rating and issued a $60.00 price target on shares of Carriage Services in a report on Tuesday, February 17th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Carriage Services presently has a consensus rating of “Moderate Buy” and an average price target of $59.00.

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.