Carriage Services (CSV) Projected to Post Earnings on Wednesday

Carriage Services (NYSE:CSV - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.80 per share and revenue of $104.17 million for the quarter. Carriage Services has set its FY 2025 guidance at 3.100-3.300 EPS.

Carriage Services (NYSE:CSV - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.11. The company had revenue of $97.70 million for the quarter, compared to the consensus estimate of $96.72 million. Carriage Services had a return on equity of 23.52% and a net margin of 8.57%. During the same period in the previous year, the business earned $0.77 earnings per share. On average, analysts expect Carriage Services to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Carriage Services Stock Performance

CSV traded up $0.04 during midday trading on Monday, reaching $39.62. The company had a trading volume of 9,216 shares, compared to its average volume of 115,399. The business has a 50-day moving average of $38.75 and a two-hundred day moving average of $38.72. The company has a quick ratio of 0.59, a current ratio of 0.72 and a debt-to-equity ratio of 2.03. Carriage Services has a 1 year low of $25.05 and a 1 year high of $42.75. The company has a market cap of $619.97 million, a P/E ratio of 17.76, a P/E/G ratio of 0.97 and a beta of 0.77.

Carriage Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 5th will be given a $0.1125 dividend. The ex-dividend date of this dividend is Monday, May 5th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.14%. Carriage Services's payout ratio is currently 21.43%.

Insider Transactions at Carriage Services

In other Carriage Services news, President Steven D. Metzger sold 3,508 shares of the stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $40.09, for a total transaction of $140,635.72. Following the completion of the transaction, the president now owns 81,389 shares in the company, valued at $3,262,885.01. This trade represents a 4.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 2.60% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Barrington Research reaffirmed an "outperform" rating and issued a $50.00 target price on shares of Carriage Services in a report on Friday, February 28th. StockNews.com upgraded Carriage Services from a "hold" rating to a "buy" rating in a research note on Friday.

About Carriage Services

Carriage Services, Inc provides funeral and cemetery services, and merchandise in the United States. It operates in two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation services; funeral home facilities for visitation and memorial services; transportation services; removal and preparation of remains; sale of caskets and urns; cremation services; and related funeral merchandise.