Carriage Services (CSV) Stock Price, News & Analysis $24.91 +0.35 (+1.43%) (As of 12/8/2023 08:56 PM ET) Add Compare Share Share Today's Range$24.50▼$25.3150-Day Range$20.12▼$27.8652-Week Range$18.06▼$35.99Volume83,900 shsAverage Volume95,178 shsMarket Capitalization$373.15 millionP/E Ratio12.91Dividend Yield1.81%Price Target$38.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Carriage Services MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside52.5% Upside$38.00 Price TargetShort InterestHealthy1.59% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth21.47%From $1.91 to $2.32 Per ShareSee Full Details Hide Full Details 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 starsConsumer Staples Sector2nd out of 122 stocksPersonal Services Industry1st out of 12 stocks 3.5 Analyst's Opinion Consensus RatingCarriage Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $38.00, Carriage Services has a forecasted upside of 52.5% from its current price of $24.91.Amount of Analyst CoverageCarriage Services has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.59% of the float of Carriage Services has been sold short.Short Interest Ratio / Days to CoverCarriage Services has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Carriage Services has recently decreased by 4.54%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldCarriage Services pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCarriage Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Carriage Services is 23.32%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Carriage Services will have a dividend payout ratio of 19.40% next year. This indicates that Carriage Services will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CSV. Previous Next 2.8 News and Social Media Coverage News SentimentCarriage Services has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 1 news article for Carriage Services this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for CSV on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Carriage Services to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carriage Services insiders have not sold or bought any company stock.Percentage Held by Insiders12.10% of the stock of Carriage Services is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions68.41% of the stock of Carriage Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Carriage Services are expected to grow by 21.47% in the coming year, from $1.91 to $2.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carriage Services is 12.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Carriage Services is 12.91, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.37.Price to Earnings Growth RatioCarriage Services has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCarriage Services has a P/B Ratio of 2.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More CSV Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CSV Stock News HeadlinesDecember 6, 2023 | finance.yahoo.comCIOs Look Past the OpenAI DramaDecember 3, 2023 | finance.yahoo.comInvesting in Carriage Services (NYSE:CSV) five years ago would have delivered you a 55% gainDecember 11, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix 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.comNovember 25, 2023 | morningstar.comCarriage Services Inc CSVNovember 19, 2023 | finance.yahoo.comPositive Signs As Multiple Insiders Buy Carriage Services StockNovember 10, 2023 | finance.yahoo.comCarriage Services, Inc. (NYSE:CSV) Q3 2023 Earnings Call TranscriptNovember 10, 2023 | finance.yahoo.comQ3 2023 Carriage Services Inc Earnings CallNovember 9, 2023 | finanznachrichten.deCarriage Services, Inc.: Carriage Services Announces Third Quarter 2023 ResultsDecember 11, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix 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.comNovember 8, 2023 | finance.yahoo.comCarriage Services Announces Third Quarter 2023 ResultsNovember 5, 2023 | finance.yahoo.comAt US$23.25, Is Carriage Services, Inc. (NYSE:CSV) Worth Looking At Closely?October 28, 2023 | msn.comCarriage Services: Cheap After The Failed BuyoutOctober 17, 2023 | finance.yahoo.comCarriage Services Announces 2023 Third Quarter Earnings Release and Conference Call ScheduleOctober 4, 2023 | finanznachrichten.deCarriage Services, Inc.: Carriage Services Confirms Continuation of Review of Strategic AlternativesOctober 4, 2023 | msn.comPark Lawn withdraws offer for Carriage ServicesOctober 3, 2023 | finance.yahoo.comCarriage Services Confirms Continuation of Review of Strategic AlternativesOctober 2, 2023 | finanznachrichten.dePark Lawn Corporation: Park Lawn Withdraws Offer to Purchase Carriage Services, Inc.October 2, 2023 | finance.yahoo.comPark Lawn Withdraws Offer to Purchase Carriage Services, Inc.August 29, 2023 | finance.yahoo.comCan Carriage Services, Inc.'s (NYSE:CSV) ROE Continue To Surpass The Industry Average?August 17, 2023 | msn.comCarriage Services: Slow And Steady Growth Comes At A Fair PriceAugust 10, 2023 | finance.yahoo.comAI Is Generating Security Risks Faster Than Companies Can Keep UpAugust 3, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Carriage Services (CSV) and ACRES Commercial Realty (ACR)August 3, 2023 | finance.yahoo.comCarriage Services exceeds Q2 earnings expectations with record high cemetery revenueAugust 3, 2023 | finanznachrichten.deCarriage Services, Inc.: Carriage Services Announces Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comCarriage Services Announces Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comCarriage Services (CSV) Beats Q2 Earnings and Revenue EstimatesJuly 27, 2023 | finanznachrichten.deCarriage Services, Inc.: Carriage Services Announces Election of Julie Sanders to Board of DirectorsSee More Headlines Receive CSV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carriage Services and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 12/1 Dividend11/03/2023Last Earnings11/08/2023Dividend Payable12/01/2023Today12/11/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Personal services Sub-IndustrySpecialized Consumer Services SectorConsumer Staples Current SymbolNYSE:CSV CUSIP14390510 CIK1016281 Webwww.carriageservices.com Phone(713) 332-8400Fax713-332-8401Employees2,553Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.93 Trailing P/E Ratio12.91 Forward P/E Ratio13.04 P/E Growth0.86Net Income$41.38 million Net Margins7.94% Pretax Margin11.33% Return on Equity21.32% Return on Assets2.61% Debt Debt-to-Equity Ratio3.65 Current Ratio0.76 Quick Ratio0.59 Sales & Book Value Annual Sales$370.17 million Price / Sales1.01 Cash Flow$4.18 per share Price / Cash Flow5.96 Book Value$8.94 per share Price / Book2.79Miscellaneous Outstanding Shares14,980,000Free Float13,168,000Market Cap$373.15 million OptionableOptionable Beta0.92 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Melvin C. Payne (Age 80)Founder & Executive Chairman Comp: $2MMr. Carlos R. Quezada (Age 52)CEO & Vice Chairman Comp: $1.16MMr. Steven D. Metzger (Age 45)President, Executive VP, Secretary, Chief Administrative Officer & General Counsel Comp: $850.29kMr. Shawn R. Phillips (Age 60)Senior VP, Regional Partner and Head of Strategic & Corporate Development Comp: $566.88kMr. L. Kian Granmayeh (Age 44)Executive VP, CFO & Treasurer Ms. Adeola Olaniyan (Age 44)Corporate Controller & Principal Accounting Officer Mr. Rob P. Franch (Age 49)Chief Information Officer Mr. Shane T. Pudenz (Age 33)Senior Vice President of Sales & Marketing Mr. Paul Donald Elliott (Age 62)Senior VP & Regional Partner of West Comp: $448.13kMs. Peggy Schappaugh (Age 47)Senior Vice President of Operations & Acquisition Analysis More ExecutivesKey CompetitorsEuropean Wax CenterNASDAQ:EWCZLimoneiraNASDAQ:LMNRYatsenNYSE:YSGChina Xiangtai FoodNASDAQ:PLINTurning Point BrandsNYSE:TPBView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 7,377 shares on 11/30/2023Ownership: 0.049%Deutsche Bank AGBought 1,612 shares on 11/24/2023Ownership: 0.061%Walleye Capital LLCBought 31,700 shares on 11/21/2023Ownership: 0.000%Jacobs Levy Equity Management Inc.Bought 2,415 shares on 11/17/2023Ownership: 0.988%Wolverine Trading LLCBought 1,419 shares on 11/16/2023Ownership: 0.075%View All Insider TransactionsView All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Carriage Services, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.