Carriage Services, Inc. (CSV) To Go Ex-Dividend on November 2nd

Carriage Services, Inc. (NYSE:CSV) declared a quarterly dividend on Thursday, October 15th. Shareholders of record on Monday, November 2nd will be given a dividend of $0.1125 per share on Tuesday, December 1st. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, November 2nd.

Carriage Services has raised its dividend by an average of 0.1% per year over the last three years. Carriage Services has a payout ratio of 13.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Carriage Services to earn $3.64 per share next year, which means the company should continue to be able to cover its $0.45 annual dividend with an expected future payout ratio of 12.4%.

Carriage Services Stock Performance

Shares of NYSE CSV opened at $35.01 on Friday. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.46 and a quick ratio of 1.29. Carriage Services has a 1 year low of $30.11 and a 1 year high of $52.10. The firm has a fifty day moving average price of $33.59 and a 200-day moving average price of $40.06. The stock has a market cap of $555.61 million, a PE ratio of 12.55, a price-to-earnings-growth ratio of 0.71 and a beta of 0.79.

Carriage Services (NYSE:CSV) last issued its earnings results on Wednesday, August 5th. The company reported $0.78 earnings per share 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 the consensus estimate of $108.91 million. Carriage Services had a return on equity of 19.23% and a net margin of 10.69%. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. Equities analysts anticipate that Carriage Services will post 3.34 earnings per share for the current fiscal year.

About Carriage Services

Carriage Services, Inc is a provider of funeral and cemetery services in the United States. The company operates funeral homes and cemeteries that serve families through arrangements for traditional funerals, cremation services, memorial ceremonies and related merchandise.

Its cemetery operations provide interment and memorialization services, including burial plots, mausoleums, cremation niches and other cemetery products. Carriage Services also offers advance-planning and prearrangement services, allowing individuals and families to make funeral and cemetery arrangements before they are needed.

Founded in 1991 and headquartered in Houston, Texas, Carriage Services operates through a network of funeral homes and cemeteries across multiple U.S.