Roth Capital Predicts Reduced Earnings for Carriage Services

Carriage Services, Inc. (NYSE:CSV - Free Report) - Stock analysts at Roth Capital cut their Q2 2025 earnings per share estimates for Carriage Services in a research report issued to clients and investors on Friday, May 2nd. Roth Capital analyst G. Kelly now anticipates that the company will post earnings per share of $0.77 for the quarter, down from their previous estimate 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.

Several other research firms have also commented on CSV. StockNews.com lowered shares of Carriage Services from a "buy" rating to a "hold" rating in a report on Saturday, May 3rd. Barrington Research restated an "outperform" rating and issued a $50.00 target price on shares of Carriage Services in a research note on Thursday, May 1st. Finally, Roth Mkm reiterated a "buy" rating and set a $51.00 price objective (up previously from $48.00) on shares of Carriage Services in a report on Friday, May 2nd.

Carriage Services Stock Down 0.0 %

Shares of CSV traded down $0.01 during midday trading on Monday, reaching $40.96. 11,850 shares of the stock were exchanged, compared to its average volume of 114,812. The company has a market capitalization of $641.02 million, a P/E ratio of 18.37, a PEG ratio of 0.97 and a beta of 0.93. The company has a current ratio of 0.72, a quick ratio of 0.59 and a debt-to-equity ratio of 2.03. Carriage Services has a 52 week low of $25.53 and a 52 week high of $42.75. The company's 50 day moving average is $38.68 and its two-hundred day moving average is $39.16.

Carriage Services (NYSE:CSV - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.96 earnings per share 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 return on equity of 23.52% and a net margin of 8.57%.

Institutional Trading of Carriage Services

Hedge funds have recently added to or reduced their stakes in the company. Barclays PLC boosted its position in Carriage Services by 228.6% during the third quarter. Barclays PLC now owns 20,433 shares of the company's stock worth $671,000 after purchasing an additional 14,215 shares in the last quarter. Principal Financial Group Inc. acquired a new position in Carriage Services during the third quarter worth $232,000. JPMorgan Chase & Co. grew its position in shares of Carriage Services by 94.7% in the third quarter. JPMorgan Chase & Co. now owns 118,891 shares of the company's stock valued at $3,903,000 after purchasing an additional 57,821 shares during the period. SG Americas Securities LLC grew its position in shares of Carriage Services by 27.5% in the fourth quarter. SG Americas Securities LLC now owns 8,042 shares of the company's stock valued at $320,000 after purchasing an additional 1,736 shares during the period. Finally, Inspire Investing LLC purchased a new stake in shares of Carriage Services during the fourth quarter worth about $821,000. 66.46% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Carriage Services news, President Steven D. Metzger sold 2,492 shares of the business's stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of $40.01, for a total value of $99,704.92. Following the completion of the transaction, the president now directly owns 78,897 shares of the company's stock, valued at approximately $3,156,668.97. The trade was a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last three months, insiders have sold 9,000 shares of company stock valued at $362,141. Company insiders own 2.60% of the company's stock.

Carriage Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 5th will be given a dividend of $0.1125 per share. The ex-dividend date is Monday, May 5th. This represents a $0.45 dividend on an annualized basis and a yield of 1.10%. Carriage Services's dividend payout ratio 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.