Carriage Services (CSV) Stock Price, News & Analysis

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carriage Services in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CSV shares.
View CSV analyst ratings or view top-rated stocks.

1 analysts have issued 1-year price objectives for Carriage Services' stock. Their CSV share price targets range from $38.00 to $38.00. On average, they anticipate the company's share price to reach $38.00 in the next twelve months. This suggests a possible upside of 52.5% from the stock's current price.
View analysts price targets for CSV or view top-rated stocks among Wall Street analysts.

Carriage Services' stock was trading at $27.54 at the beginning of the year. Since then, CSV stock has decreased by 9.5% and is now trading at $24.91.
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Carriage Services saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 218,000 shares, an increase of 5.1% from the October 15th total of 207,500 shares. Based on an average daily volume of 88,100 shares, the short-interest ratio is currently 2.5 days. Currently, 1.7% of the company's stock are short sold.
View Carriage Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our CSV earnings forecast.

Carriage Services, Inc. (NYSE:CSV) posted its quarterly earnings results on Wednesday, November, 8th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.51 by $0.18. The firm had revenue of $90.49 million for the quarter, compared to analyst estimates of $93.18 million. Carriage Services had a net margin of 7.94% and a trailing twelve-month return on equity of 21.32%.

Carriage Services announced a quarterly dividend on Wednesday, October 18th. Shareholders of record on Monday, November 6th will be given a dividend of $0.1125 per share on Friday, December 1st. This represents a $0.45 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend is Friday, November 3rd.
Read our dividend analysis for CSV.

Carriage Services (NYSE:CSV) pays an annual dividend of $0.45 per share and currently has a dividend yield of 1.83%. The dividend payout ratio is 23.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSV will have a dividend payout ratio of 19.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSV.

24 employees have rated Carriage Services Chief Executive Officer Mel Payne on Glassdoor.com. Mel Payne has an approval rating of 59% among the company's employees. This puts Mel Payne in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Carriage Services investors own include NVIDIA (NVDA), Mastercard (MA), Service Co. International (SCI), Verizon Communications (VZ), QUALCOMM (QCOM), AT&T (T), Boeing (BA), Bristol-Myers Squibb (BMY), Walt Disney (DIS) and Home Depot (HD).

Carriage Services' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Ameriprise Financial Inc. (8.91%), LSV Asset Management (3.46%), Heartland Advisors Inc. (1.81%), Boston Partners (1.27%), Charles Schwab Investment Management Inc. (1.14%) and Fenimore Asset Management Inc. (1.14%). Insiders that own company stock include Adeola Olaniyan, Carl Benjamin Brink, Carlos R Quezada, Carlos R Quezada, Christopher Manceaux, Kathryn Housh Shirley, Melvin C Payne, Paul Donald Elliott, Peggy Schappaugh, Shane Pudenz, Shawn R Phillips and Steven D Metzger.
View institutional ownership trends.

Shares of CSV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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