Carriage Services Company Profile (NYSE:CSV)

About Carriage Services (CSV)

Carriage Services logoCarriage Services, Inc. is a provider of death care services and merchandise in the United States. The Company operates in two business segments: Funeral Home Operations and Cemetery Operations. The Funeral Homes segment provides funeral services (traditional burial and cremation) and sells related merchandise, such as caskets and urns. Its cemetery products and services include interment services, the rights to interment in cemetery sites (primarily grave sites, mausoleum crypts and niches) and related cemetery merchandise, such as memorials and vaults. It serves suburban and rural markets. It provides funeral and cemetery services and products on both at-need (time of death) and preneed (planned prior to death) basis. It also maintains trusts in connection with funeral home and cemetery operations, including preneed funeral trusts, preneed cemetery merchandise and service trusts and cemetery perpetual care trusts. It operates approximately 167 funeral homes and 32 cemeteries.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Personal Services
  • Sub-Industry: Specialized Consumer Services
  • Exchange: NYSE
  • Symbol: CSV
  • CUSIP: 14390510
Key Metrics:
  • Previous Close: $26.82
  • 50 Day Moving Average: $26.54
  • 200 Day Moving Average: $25.93
  • 52-Week Range: $20.57 - $29.11
  • Trailing P/E Ratio: 23.95
  • Foreward P/E Ratio: 14.04
  • P/E Growth: 1.13
  • Market Cap: $446.82M
  • Outstanding Shares: 16,660,000
  • Beta: 1.09
Profitability:
  • Net Margins: 8.46%
  • Return on Equity: 17.25%
  • Return on Assets: 3.39%
Debt:
  • Debt-to-Equity Ratio: 1.84%
  • Current Ratio: 0.75%
  • Quick Ratio: 0.60%

Analyst Ratings

Consensus Ratings for Carriage Services (NYSE:CSV) (?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $33.00 (23.04% upside)

Analysts' Ratings History for Carriage Services (NYSE:CSV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/22/2016Barrington ResearchBoost Price TargetOutperform$30.00 -> $32.00N/AView Rating Details
4/26/2016Oppenheimer Holdings Inc.Reiterated RatingBuyN/AView Rating Details
4/22/2016SidotiInitiated CoverageBuy$34.00N/AView Rating Details
5/10/2015Raymond James Financial, Inc.Reiterated RatingStrong-Buy$27.00 -> $29.00N/AView Rating Details
(Data available from 3/25/2015 forward)

Earnings

Earnings History for Carriage Services (NYSE:CSV)
Earnings by Quarter for Carriage Services (NYSE:CSV)
Earnings History by Quarter for Carriage Services (NYSE:CSV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
2/16/2017Q416$0.45$0.36$64.76 million$62.90 millionViewListenView Earnings Details
10/25/2016Q316$0.38$0.43$60.56 million$60.10 millionViewListenView Earnings Details
7/26/2016Q216$0.39$0.37$61.34 million$61.87 millionViewN/AView Earnings Details
4/25/2016Q116$0.46$0.47$63.67 million$63.30 millionViewListenView Earnings Details
2/16/2016Q415$0.42$0.39$62.71 million$61.60 millionViewListenView Earnings Details
11/3/2015Q315$0.35$0.33$57.87 million$58.38 millionViewN/AView Earnings Details
8/4/2015Q215$0.38$0.34$61.08 million$59.30 millionViewN/AView Earnings Details
5/5/2015Q115$0.39$0.42$61.55 million$63.30 millionViewN/AView Earnings Details
2/25/2015Q414$0.35$0.38$58.20 million$59.40 millionViewListenView Earnings Details
8/5/2014Q114$0.29$0.32$56.58 million$56.50 millionViewN/AView Earnings Details
5/7/2014Q413$0.30$0.30$58.60 million$55.80 millionViewN/AView Earnings Details
11/5/2013Q313$0.21$0.16$53.58 million$49.70 millionViewN/AView Earnings Details
8/8/2013Q2 2013$0.25$0.25$54.34 million$54.20 millionViewN/AView Earnings Details
2/25/2013Q4 2012$0.23$0.23$52.67 million$53.30 millionViewN/AView Earnings Details
11/1/2012Q312$0.15$0.16$49.14 million$49.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Carriage Services (NYSE:CSV)
Current Year EPS Consensus Estimate: $1.75 EPS
Next Year EPS Consensus Estimate: $1.91 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.45$0.48$0.47
Q2 20161$0.39$0.39$0.39
Q3 20162$0.37$0.38$0.38
Q4 20162$0.43$0.49$0.46
Q1 20172$0.49$0.49$0.49
Q2 20172$0.39$0.40$0.40
Q3 20172$0.40$0.41$0.41
Q4 20171$0.46$0.46$0.46
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Carriage Services (NYSE:CSV)
Most Recent Dividend:3/1/2017
Annual Dividend:$0.20
Dividend Yield:0.75%
Dividend Growth:14.50% (3 Year Average)
Payout Ratio:16.53% (Trailing 12 Months of Earnings)
11.43% (Based on This Year's Estimates)
10.47% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Carriage Services (NYSE:CSV)

Dividend History by Quarter for Carriage Services (NYSE:CSV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/27/2017quarterly$0.050.75%2/9/20172/13/20173/1/2017
10/28/2016quarterly$0.050.85%11/9/201611/14/201612/1/2016
8/1/2016quarterly$0.050.85%8/12/20168/16/20169/1/2016
4/28/2016quarterly$0.030.4%5/11/20165/13/20166/1/2016
1/28/2016quarterly$0.030.45%2/10/20162/12/20163/1/2016
10/28/2015quarterly$0.030.45%11/10/201511/13/201512/1/2015
7/31/2015quarterly$0.030.42%8/12/20158/14/20159/1/2015
5/1/2015quarterly$0.030.42%5/12/20155/14/20156/1/2015
1/28/2015quarterly$0.030.44%2/11/20152/13/20153/2/2015
10/27/2014quarterly$0.030.52%11/10/201411/13/201412/1/2014
7/31/2014quarterly$0.030.62%8/13/20148/15/20149/2/2014
4/30/2014quarterly$0.030.62%5/13/20145/15/20146/2/2014
1/27/2014quarterly$0.030.48%2/11/20142/13/20143/3/2014
10/28/2013quarterly$0.030.5%11/8/201311/13/201312/2/2013
7/29/2013quarterly$0.030.54%8/12/20138/14/20139/3/2013
4/30/2013quarterly$0.030.6%5/14/20135/16/20136/3/2013
1/30/2013quarterly$0.030.72%2/11/20132/13/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Carriage Services (NYSE:CSV)
Insider Ownership Percentage: 18.20%
Institutional Ownership Percentage: 79.38%
Insider Trades by Quarter for Carriage Services (NYSE:CSV)
Institutional Ownership by Quarter for Carriage Services (NYSE:CSV)
Insider Trades by Quarter for Carriage Services (NYSE:CSV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/21/2017Shawn R PhillipsInsiderSell5,630$26.67$150,152.10View SEC Filing  
3/8/2017James Raymond SchenckDirectorBuy1,000$26.00$26,000.00View SEC Filing  
11/4/2016Bryan LeibmanDirectorBuy5,000$23.52$117,600.00View SEC Filing  
6/17/2016David J DecarloPresidentBuy10,000$22.51$225,100.00View SEC Filing  
6/1/2016Carl Benjamin BrinkInsiderBuy1,200$23.54$28,248.00View SEC Filing  
3/1/2016Barry K. FingerhutDirectorSell2,500$20.39$50,975.00View SEC Filing  
11/5/2015Bryan LeibmanDirectorBuy6,000$22.00$132,000.00View SEC Filing  
8/19/2015Viki K BlindermanCAOBuy2,000$23.90$47,800.00View SEC Filing  
6/24/2015Anne Bhanu ChopraDirectorSell33,000$0.01$165.00
6/23/2015Anne Bhanu ChopraDirectorSell10,000$0.01$50.00
6/22/2015Anne Bhanu ChopraDirectorSell10,000$0.01$50.00
6/19/2015Melvin C PayneCEOSell50,000$24.42$1,221,000.00View SEC Filing  
6/2/2015Barry K FingerhutDirectorSell2,953$24.91$73,559.23View SEC Filing  
3/31/2015L William HeiligbrodtEVPSell8,251$23.84$196,703.84View SEC Filing  
3/30/2015Melvin C PayneCEOSell50,000$24.70$1,235,000.00View SEC Filing  
3/30/2015Shawn R PhillipsInsiderSell4,000$24.46$97,840.00View SEC Filing  
3/27/2015L William HeiligbrodtEVPSell20,665$24.79$512,285.35View SEC Filing  
12/26/2014Viki K BlindermanCAOSell2,204$20.93$46,129.72View SEC Filing  
12/4/2014Alain VachonInsiderBuy29,000$0.01$145.00
11/27/2014Nicholas TintorDirectorBuy200,000$0.01$1,000.00
11/26/2014Pinetree Capital Ltd.InsiderSell2,267,000$0.01$11,335.00
6/19/2014Barry K FingerhutDirectorSell12,027$17.43$209,630.61View SEC Filing  
5/12/2014Melvin C PayneCEOBuy10,000$16.05$160,500.00View SEC Filing  
3/21/2014Paul Donald ElliottInsiderBuy3,597$17.80$64,026.60View SEC Filing  
3/14/2014Melvin C PayneCEOBuy20,000$17.10$342,000.00View SEC Filing  
6/27/2013Cliff HaiglerInsiderSell8,102$17.30$140,164.60View SEC Filing  
6/21/2013David J DecarloDirectorBuy5,850$17.42$101,907.00View SEC Filing  
6/18/2013Viki K BlindermanCAOSell3,705$18.97$70,283.85View SEC Filing  
5/24/2013Melvin C PayneCEOBuy15,000$16.85$252,750.00View SEC Filing  
5/14/2013Paul Donald ElliottInsiderBuy3,000$17.27$51,810.00View SEC Filing  
12/26/2012Cliff HaiglerInsiderBuy1,000$11.38$11,380.00View SEC Filing  
11/19/2012David J DecarloDirectorBuy2,500$11.09$27,725.00View SEC Filing  
11/16/2012David J DecarloDirectorBuy5,000$10.88$54,400.00View SEC Filing  
11/15/2012David J DecarloDirectorBuy2,500$10.76$26,900.00View SEC Filing  
11/14/2012David J DecarloDirectorBuy2,500$10.94$27,350.00View SEC Filing  
11/13/2012David J DecarloDirectorBuy2,500$10.94$27,350.00View SEC Filing  
11/12/2012David J DecarloDirectorBuy2,500$10.91$27,275.00View SEC Filing  
11/12/2012L William HeiligbrodtChairmanBuy8,000$10.95$87,600.00View SEC Filing  
8/24/2012L William HeiligbrodtChairmanBuy1,000$8.50$8,500.00View SEC Filing  
8/23/2012L William HeiligbrodtChairmanBuy2,000$8.55$17,100.00View SEC Filing  
8/17/2012L William HeiligbrodtChairmanBuy2,000$8.75$17,500.00View SEC Filing  
8/16/2012L William HeiligbrodtChairmanBuy2,724$8.83$24,052.92View SEC Filing  
8/15/2012L William HeiligbrodtChairmanBuy2,500$8.81$22,025.00View SEC Filing  
8/14/2012L William HeiligbrodtChairmanBuy8,363$8.81$73,678.03View SEC Filing  
8/10/2012L William HeiligbrodtChairmanBuy15,000$8.72$130,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Carriage Services (NYSE:CSV)
Latest Headlines for Carriage Services (NYSE:CSV)
Source:
DateHeadline
biz.yahoo.com logoCARRIAGE SERVICES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit
biz.yahoo.com - March 23 at 10:01 PM
americanbankingnews.com logoCarriage Services, Inc. (CSV) Insider Sells $150,152.10 in Stock
www.americanbankingnews.com - March 23 at 7:55 PM
americanbankingnews.com logoInsider Buying: Carriage Services, Inc. (CSV) Director Purchases 1,000 Shares of Stock
www.americanbankingnews.com - March 10 at 1:00 AM
finance.yahoo.com logoNew Strong Sell Stocks for February 28th
finance.yahoo.com - February 28 at 11:06 AM
biz.yahoo.com logoQ4 2016 Carriage Services Inc Earnings Release - After Market Close
us.rd.yahoo.com - February 16 at 1:08 PM
us.rd.yahoo.com logoCarriage Services Announces Record 2016 Annual Results, Increases Rolling Four Quarter Outlook
us.rd.yahoo.com - February 16 at 1:08 PM
biz.yahoo.com logoCarriage Services Inc Earnings Call scheduled for 10:30 am ET today
biz.yahoo.com - February 16 at 1:08 PM
finance.yahoo.com logoCarriage Services Announces 2016 Annual Results Earnings Release and Conference Call Schedule
finance.yahoo.com - February 2 at 4:56 PM
thestreet.com logoHilltop Holdings and Carriage Services Look Like Good Technical Small-Cap Picks
www.thestreet.com - December 2 at 4:53 PM
finance.yahoo.com logoPilgrim's Pride (PPC) to Buy GNP Company, Boost Performance
finance.yahoo.com - November 30 at 10:06 AM
zacks.com logoTop Ranked Value Stocks to Buy for November 30th
www.zacks.com - November 30 at 10:06 AM
streetinsider.com logoCarriage Services (CSV) Acquires North Carolina-Based Rich & Thompson Funeral Services
www.streetinsider.com - November 15 at 10:48 PM
finance.yahoo.com logoCarriage Services Announces Acquisition of Rich & Thompson Funeral Services in Burlington & Graham, North Carolina
finance.yahoo.com - November 15 at 4:48 PM
streetinsider.com logoCarriage Services (CSV) Acquires Brookfield, Wisconsin-Located Funeral Home
www.streetinsider.com - November 9 at 1:34 PM
finance.yahoo.com logoCarriage Services to Attend the Sidoti & Company Fall 2016 Emerging Growth Convention on November 1, …
finance.yahoo.com - November 2 at 8:15 AM
finance.yahoo.com logoCARRIAGE SERVICES INC Financials
finance.yahoo.com - November 1 at 4:36 PM
finance.yahoo.com logoEdited Transcript of CSV earnings conference call or presentation 26-Oct-16 2:30pm GMT
finance.yahoo.com - October 27 at 9:00 AM
seekingalpha.com logoCarriage Services' (CSV) CEO Mel Payne on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - October 26 at 4:30 PM
finance.yahoo.com logo4:34 pm Carriage Services beats by $0.05, reports revs in-line; co is raising its rolling Q4 EPS outlook
finance.yahoo.com - October 25 at 9:41 PM
biz.yahoo.com logoCARRIAGE SERVICES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh
biz.yahoo.com - October 25 at 9:41 PM
finance.yahoo.com logoCarriage Services tops 3Q profit forecasts
finance.yahoo.com - October 25 at 9:41 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: PepsiCo, Constellation Brands, McCormick, Procter & Gamble and Carriage Services
finance.yahoo.com - October 25 at 4:29 PM
biz.yahoo.com logoQ3 2016 Carriage Services Inc Earnings Release - After Market Close
biz.yahoo.com - October 25 at 9:21 AM
finance.yahoo.com logoConsumer Staples Stocks' Earnings on Oct 25: PG and CSV
finance.yahoo.com - October 24 at 4:22 PM
biz.yahoo.com logoCARRIAGE SERVICES INC Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financ
biz.yahoo.com - September 23 at 9:34 AM
prnewswire.com logoCarriage Services Announces Retirement of David J. DeCarlo
www.prnewswire.com - September 22 at 4:35 PM
bizjournals.com logoPresident of major Houston-based death care services co. to retire
www.bizjournals.com - September 22 at 4:35 PM

Social

Frequently Asked Questions for Carriage Services (NYSE:CSV)

What is Carriage Services' stock symbol?

Carriage Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "CSV."

How often does Carriage Services pay dividends? What is the dividend yield for Carriage Services?

Carriage Services announced a quarterly dividend on Friday, January 27th. Stockholders of record on Monday, February 13th will be given a dividend of $0.05 per share on Wednesday, March 1st. This represents a $0.20 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Thursday, February 9th.

How were Carriage Services' earnings last quarter?

Carriage Services, Inc. (NYSE:CSV) posted its quarterly earnings results on Thursday, February, 16th. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.45 by $0.09. The firm earned $62.90 million during the quarter, compared to the consensus estimate of $64.76 million. Carriage Services had a return on equity of 17.25% and a net margin of 8.46%.

When will Carriage Services make its next earnings announcement?

Carriage Services is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

What guidance has Carriage Services issued on next quarter's earnings?

Carriage Services issued an update on its FY17 earnings guidance on Wednesday, February, 15th. The company provided EPS guidance of $1.84-1.88 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.81. The company issued revenue guidance of $263-267 million, compared to the consensus revenue estimate of $261.84 million.

Where is Carriage Services' stock going? Where will Carriage Services' stock price be in 2017?

3 brokerages have issued 12-month target prices for Carriage Services' shares. Their forecasts range from $32.00 to $34.00. On average, they expect Carriage Services' stock price to reach $33.00 in the next twelve months.

Who owns Carriage Services stock?

Carriage Services' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.39%), Renaissance Technologies LLC (4.52%), State Street Corp (1.69%), Westwood Holdings Group Inc. (1.46%), Allianz Asset Management AG (1.24%) and Nicholas Co. Inc. WI (1.11%). Company insiders that own Carriage Services stock include Anne Bhanu Chopra, Barry K Fingerhut, Bryan Leibman, Carl Benjamin Brink, David J Decarlo, James Raymond Schenck, L William Heiligbrodt, Melvin C Payne, Shawn R Phillips and Viki K Blinderman.

Who sold Carriage Services stock? Who is selling Carriage Services stock?

Carriage Services' stock was sold by a variety of institutional investors in the last quarter, including Wall Street Associates, Guggenheim Capital LLC, Allianz Asset Management AG, Dimensional Fund Advisors LP, Hodges Capital Management Inc., GSA Capital Partners LLP, Bard Associates Inc. and Metropolitan Life Insurance Co. NY.

Who bought Carriage Services stock? Who is buying Carriage Services stock?

Carriage Services' stock was purchased by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Putnam Investments LLC, Brown Advisory Inc., Russell Investments Group Ltd., Renaissance Technologies LLC, Elkfork Partners LLC, Axiom International Investors LLC DE and Two Sigma Investments LP. Company insiders that have bought Carriage Services stock in the last two years include Bryan Leibman, Carl Benjamin Brink, David J Decarlo, James Raymond Schenck and Viki K Blinderman.

How do I buy Carriage Services stock?

Shares of Carriage Services can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Carriage Services stock cost?

One share of Carriage Services stock can currently be purchased for approximately $26.82.

Carriage Services (CSV) Chart for Saturday, March, 25, 2017

This page was last updated on 3/25/2017 by MarketBeat.com Staff