Roth Capital Predicts Lower Earnings for Carriage Services

Carriage Services, Inc. (NYSE:CSV - Free Report) - Research analysts at Roth Capital cut their Q2 2025 EPS estimates for shares of Carriage Services in a research report issued to clients and investors on Friday, May 2nd. Roth Capital analyst G. Kelly now forecasts that the company will post earnings per share of $0.77 for the quarter, down from their prior forecast of $0.81. The consensus estimate for Carriage Services' current full-year earnings is $2.50 per share. Roth Capital also issued estimates for Carriage Services' Q3 2025 earnings at $0.83 EPS, Q4 2025 earnings at $0.82 EPS, Q1 2026 earnings at $0.90 EPS, Q2 2026 earnings at $0.87 EPS, Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.85 EPS and FY2026 earnings at $3.50 EPS.

Carriage Services (NYSE:CSV - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.80 by $0.16. The business had revenue of $8.47 million during the quarter, compared to the consensus estimate of $104.17 million. Carriage Services had a net margin of 8.57% and a return on equity of 23.52%.

A number of other research firms have also issued reports on CSV. Roth Mkm reissued a "buy" rating and set a $51.00 price target (up from $48.00) on shares of Carriage Services in a research report on Friday. StockNews.com cut Carriage Services from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Barrington Research reiterated an "outperform" rating and set a $50.00 price target on shares of Carriage Services in a research report on Thursday.

Carriage Services Trading Up 1.3 %

Shares of NYSE:CSV opened at $40.26 on Monday. 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 52-week low of $25.44 and a 52-week high of $42.75. The stock has a market cap of $630.07 million, a price-to-earnings ratio of 18.05, a PEG ratio of 0.97 and a beta of 0.93. The business has a 50-day moving average price of $38.65 and a 200-day moving average price of $39.03.

Institutional Investors Weigh In On Carriage Services

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in shares of Carriage Services by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 734,828 shares of the company's stock valued at $29,283,000 after purchasing an additional 9,080 shares during the period. LSV Asset Management boosted its holdings in Carriage Services by 12.4% in the 4th quarter. LSV Asset Management now owns 590,917 shares of the company's stock worth $23,548,000 after buying an additional 65,358 shares during the last quarter. Geode Capital Management LLC increased its stake in Carriage Services by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 315,936 shares of the company's stock worth $12,593,000 after buying an additional 1,072 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Carriage Services by 16.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 237,228 shares of the company's stock worth $9,454,000 after buying an additional 34,342 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of Carriage Services by 12.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 168,079 shares of the company's stock valued at $6,513,000 after acquiring an additional 18,130 shares during the last quarter. Hedge funds and other institutional investors own 66.46% of the company's stock.

Insider Activity at Carriage Services

In other Carriage Services news, President Steven D. Metzger sold 3,508 shares of the firm's stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $40.09, for a total value of $140,635.72. Following the sale, the president now directly owns 81,389 shares of the company's stock, valued at approximately $3,262,885.01. This trade represents a 4.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.60% of the stock is owned by company insiders.

Carriage Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 5th will be given a dividend of $0.1125 per share. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend is Monday, May 5th. Carriage Services's dividend payout ratio (DPR) is presently 15.05%.

Carriage Services Company Profile

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.

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