Carriage Services (NYSE:CSV) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Key Points

• Carriage Services reported Q EPS of $0.86, beating estimates by $0.01 while revenue of $106.12M missed expectations, and it updated FY2026 guidance to 3.350–3.550 EPS.
• The company declared a quarterly dividend of $0.1125 (annualized $0.45) for a yield of about 1.0%, with an ex-dividend date of May 4 and payment on June 1.
• Shares trade near $46.60 with a P/E of 14.3 and market cap of ~$734M; analysts rate the stock a consensus “Moderate Buy” with a $61.67 target, and institutions own roughly 66.5% of shares.

Carriage Services (NYSE:CSV - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.01, Zacks reports. The company had revenue of $106.12 million for the quarter, compared to analyst estimates of $111.39 million. Carriage Services had a net margin of 12.34% and a return on equity of 21.22%. Carriage Services updated its FY 2026 guidance to 3.350-3.550 EPS.

Carriage Services Stock Performance

Carriage Services stock opened at $46.60 on Thursday. Carriage Services has a fifty-two week low of $39.88 and a fifty-two week high of $52.10. The firm's fifty day moving average price is $45.85 and its 200-day moving average price is $44.07. The stock has a market cap of $734.01 million, a P/E ratio of 14.30, a price-to-earnings-growth ratio of 0.93 and a beta of 0.90. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.84 and a current ratio of 0.98.

Carriage Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 4th will be paid a $0.1125 dividend. This represents a $0.45 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, May 4th. Carriage Services's payout ratio is currently 13.80%.

Analyst Upgrades and Downgrades

CSV has been the subject of a number of recent research reports. Barrington Research reiterated an "outperform" rating and issued a $60.00 price objective on shares of Carriage Services in a research note on Monday, April 27th. Weiss Ratings cut Carriage Services from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $61.67.

Institutional Trading of Carriage Services

A number of hedge funds have recently bought and sold shares of CSV. Millennium Management LLC boosted its stake in Carriage Services by 597.1% in the fourth quarter. Millennium Management LLC now owns 136,149 shares of the company's stock worth $5,759,000 after buying an additional 116,617 shares in the last quarter. Punch & Associates Investment Management Inc. lifted its stake in Carriage Services by 59.3% in the third quarter. Punch & Associates Investment Management Inc. now owns 211,425 shares of the company's stock worth $9,417,000 after purchasing an additional 78,730 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Carriage Services by 12.5% during the second quarter. Ameriprise Financial Inc. now owns 477,238 shares of the company's stock valued at $21,829,000 after buying an additional 52,889 shares during the period. Qube Research & Technologies Ltd grew its stake in shares of Carriage Services by 64.0% during the third quarter. Qube Research & Technologies Ltd now owns 134,440 shares of the company's stock valued at $5,988,000 after buying an additional 52,444 shares during the last quarter. Finally, Credit Agricole S A purchased a new position in shares of Carriage Services in the third quarter worth about $2,090,000. Institutional investors 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.