Carriage Services (NYSE:CSV) Trading Down 10.8% After Earnings Miss

Shares of Carriage Services, Inc. (NYSE:CSV) were down 10.8% on Thursday following a dissappointing earnings announcement. The stock traded as low as $36.59 and last traded at $36.9170. 10,374 shares were traded during trading, a decline of 90% from the average daily volume of 107,183 shares. The stock had previously closed at $41.40.

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.

Carriage Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 3rd will be given 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 (DPR) is presently 16.30%.

Carriage Services News Roundup

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

• Positive Sentiment: Carriage Services reported second-quarter adjusted earnings of $0.78 per share, up from $0.74 a year earlier, while confirming its full-year 2026 EPS guidance midpoint of $3.45. The company expects full-year EPS of $3.35 to $3.55, broadly in line with the $3.45 analyst consensus. Carriage Services Announces Second Quarter 2026 Results
• Neutral Sentiment: Full-year revenue guidance is $435 million to $445 million, compared with the $442.6 million consensus estimate. Management is scheduled to discuss the results during a conference call on August 6, which could provide additional detail on operating trends and the outlook. Carriage Services Q2 Earnings Snapshot
• Negative Sentiment: Second-quarter revenue was $102.95 million, below the $108.91 million analyst estimate, while EPS missed the $0.82 consensus by $0.04. The combined earnings and sales shortfalls suggest weaker-than-expected quarterly execution and are the main reasons CSV shares may decline. Carriage Services Misses Q2 Earnings and Revenue Estimates

Wall Street Analysts Forecast Growth

A number of analysts have commented on CSV shares. Barrington Research reaffirmed an “outperform” rating and set a $60.00 target price on shares of Carriage Services in a report on Monday, April 27th. Weiss Ratings lowered 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $61.67.

Institutional Trading of Carriage Services

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Carriage Services by 3.9% in the third quarter. Vanguard Group Inc. now owns 1,021,161 shares of the company’s stock valued at $45,483,000 after purchasing an additional 38,738 shares during the period. Dimensional Fund Advisors LP raised its holdings in Carriage Services by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 610,346 shares of the company’s stock valued at $27,867,000 after acquiring an additional 3,520 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Carriage Services by 0.7% in the third quarter. Ameriprise Financial Inc. now owns 480,788 shares of the company’s stock valued at $21,414,000 after purchasing an additional 3,550 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Carriage Services by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 386,018 shares of the company’s stock valued at $16,333,000 after buying an additional 5,870 shares in the last quarter. Finally, State Street Corp lifted its stake in Carriage Services by 1.3% during the fourth quarter. State Street Corp now owns 311,272 shares of the company’s stock worth $13,167,000 after purchasing an additional 3,950 shares during the last quarter. 66.46% of the stock is currently owned by institutional investors and hedge funds.

Carriage Services Trading Down 10.9%

The firm has a 50-day moving average of $38.90 and a two-hundred day moving average of $42.75. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $585.70 million, a P/E ratio of 13.41, a P/E/G ratio of 0.78 and a beta of 0.84.

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.