S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
3 tech outperformers adored by analysts
Freshworks gets juiced on its AI customer engagement platform
High short interest stocks: this popular trend is re-emerging
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Stock market today: Wall Street inches quietly lower after hitting its 2023 peak last week
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
3 tech outperformers adored by analysts
Freshworks gets juiced on its AI customer engagement platform
High short interest stocks: this popular trend is re-emerging
Boeing glides past series of setbacks on new flight path
Stock market today: Wall Street inches quietly lower after hitting its 2023 peak last week
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
3 tech outperformers adored by analysts
Freshworks gets juiced on its AI customer engagement platform
High short interest stocks: this popular trend is re-emerging
Boeing glides past series of setbacks on new flight path
Stock market today: Wall Street inches quietly lower after hitting its 2023 peak last week
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
3 tech outperformers adored by analysts
Freshworks gets juiced on its AI customer engagement platform
High short interest stocks: this popular trend is re-emerging
Boeing glides past series of setbacks on new flight path
Stock market today: Wall Street inches quietly lower after hitting its 2023 peak last week
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell

Carriage Services (CSV) Stock Price, News & Analysis

$24.91
+0.35 (+1.43%)
(As of 12/8/2023 08:56 PM ET)
Compare
Today's Range
$24.50
$25.31
50-Day Range
$20.12
$27.86
52-Week Range
$18.06
$35.99
Volume
83,900 shs
Average Volume
95,178 shs
Market Capitalization
$373.15 million
P/E Ratio
12.91
Dividend Yield
1.81%
Price Target
$38.00

Carriage Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
52.5% Upside
$38.00 Price Target
Short Interest
Healthy
1.59% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
21.47%
From $1.91 to $2.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.45 out of 5 stars

Consumer Staples Sector

2nd out of 122 stocks

Personal Services Industry

1st out of 12 stocks


CSV stock logo

About Carriage Services Stock (NYSE:CSV)

Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. The company operates through two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation, funeral home facilities for visitation and memorial services, and transportation services; removal and preparation of remains; and sale of burial and cremation services, and related merchandise, such as caskets and urns. The Cemetery Operations segment provides interment rights for grave sites, lawn crypts, mausoleum spaces, and niches; related cemetery merchandise, including outer burial containers, memorial markers, and monuments; and interments, inurnments, and installation of cemetery merchandise services. Carriage Services, Inc. was founded in 1991 and is based in Houston, Texas.

CSV Stock Price History

CSV Stock News Headlines

CIOs Look Past the OpenAI Drama
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Carriage Services Inc CSV
Q3 2023 Carriage Services Inc Earnings Call
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Carriage Services Announces Third Quarter 2023 Results
See More Headlines
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Company Calendar

Ex-Dividend for 12/1 Dividend
11/03/2023
Last Earnings
11/08/2023
Dividend Payable
12/01/2023
Today
12/11/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Personal services
Sub-Industry
Specialized Consumer Services
CUSIP
14390510
Employees
2,553
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$38.00
High Stock Price Target
$38.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+52.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$41.38 million
Pretax Margin
11.33%

Debt

Sales & Book Value

Annual Sales
$370.17 million
Cash Flow
$4.18 per share
Book Value
$8.94 per share

Miscellaneous

Free Float
13,168,000
Market Cap
$373.15 million
Optionable
Optionable
Beta
0.92
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CSV Stock Analysis - Frequently Asked Questions

Should I buy or sell Carriage Services stock right now?

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.

What is Carriage Services' stock price target for 2024?

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.

How have CSV shares performed in 2023?

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.
View the best growth stocks for 2023 here
.

Are investors shorting Carriage Services?

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
.

When is Carriage Services' next earnings date?

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

How were Carriage Services' earnings last quarter?

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%.

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

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
.

Is Carriage Services a good dividend stock?

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.

What is Mel Payne's approval rating as Carriage Services' CEO?

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.

What other stocks do shareholders of Carriage Services own?

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).

Who are Carriage Services' major shareholders?

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
.

How do I buy shares of Carriage Services?

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.
Compare Top Brokerages Here.

This page (NYSE:CSV) was last updated on 12/11/2023 by MarketBeat.com Staff

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