Carriage Services (NYSE:CSV - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.350-3.550 for the period, compared to the consensus estimate of 3.430. The company issued revenue guidance of $440.0 million-$450.0 million, compared to the consensus revenue estimate of $443.4 million.
Carriage Services Stock Down 1.8%
Shares of Carriage Services stock traded down $0.88 on Wednesday, hitting $46.60. The company had a trading volume of 141,187 shares, compared to its average volume of 92,212. The firm has a market capitalization of $734.01 million, a P/E ratio of 14.30, a P/E/G ratio of 0.92 and a beta of 0.90. Carriage Services has a twelve month low of $39.88 and a twelve month high of $52.10. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.98 and a quick ratio of 0.84. The stock has a 50-day moving average of $45.80 and a 200-day moving average of $44.05.
Carriage Services (NYSE:CSV - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $999.00 earnings per share for the quarter, beating the consensus estimate of $0.85 by $998.15. Carriage Services had a net margin of 12.34% and a return on equity of 21.22%. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. Research analysts predict that Carriage Services will post 3.42 earnings per share for the current year.
Carriage Services Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 4th will be issued a $0.1125 dividend. This represents a $0.45 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, May 4th. Carriage Services's dividend payout ratio is 13.80%.
Analyst Upgrades and Downgrades
CSV has been the subject of several recent research reports. Barrington Research restated an "outperform" rating and set a $60.00 target price on shares of Carriage Services in a report on Monday, April 27th. Weiss Ratings cut shares of Carriage Services from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $61.67.
Check Out Our Latest Stock Analysis on Carriage Services
Hedge Funds Weigh In On Carriage Services
Hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in Carriage Services in the 3rd quarter valued at about $29,000. Jones Financial Companies Lllp grew its holdings in shares of Carriage Services by 1,736.0% during the 1st quarter. Jones Financial Companies Lllp now owns 918 shares of the company's stock valued at $36,000 after purchasing an additional 868 shares during the last quarter. Quarry LP bought a new stake in shares of Carriage Services during the 3rd quarter valued at approximately $51,000. Raymond James Financial Inc. bought a new stake in shares of Carriage Services during the 2nd quarter valued at approximately $71,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Carriage Services by 159.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,750 shares of the company's stock valued at $80,000 after purchasing an additional 1,075 shares during the last quarter. 66.46% of the stock is owned by institutional investors.
About Carriage Services
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Carriage Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Carriage Services wasn't on the list.
While Carriage Services currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.