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S&P 500   3,845.08
DOW   31,037.68
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S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
NYSE:CSV

Carriage Services Stock Forecast, Price & News

$39.54
-0.39 (-0.98%)
(As of 07/6/2022 12:00 AM ET)
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Today's Range
$39.20
$40.22
50-Day Range
$35.64
$44.87
52-Week Range
$34.10
$66.33
Volume
72,081 shs
Average Volume
148,065 shs
Market Capitalization
$588.75 million
P/E Ratio
18.39
Dividend Yield
1.13%
Price Target
$70.50

Carriage Services MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
78.3% Upside
$70.50 Price Target
Short Interest
Bearish
6.53% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$56,895 Bought Last Quarter
Proj. Earnings Growth
10.00%
From $3.60 to $3.96 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.68 out of 5 stars

Consumer Staples Sector

5th out of 196 stocks

Personal Services Industry

1st out of 20 stocks

30 days | 90 days | 365 days | Advanced Chart

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Carriage Services logo

About Carriage Services (NYSE:CSV) Stock

Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment engages in the provision of 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 niche; related cemetery merchandise, including outer burial containers, memorial markers, monuments, and floral placements; and interments, inurnments, and installation of cemetery merchandise services. As of December 31, 2021, it operated 170 funeral homes in 26 states and 31 cemeteries in 11 states. Carriage Services, Inc. was founded in 1991 and is based in Houston, Texas.

CSV Stock News Headlines

Carriage Services (CSV) Meets Q1 Earnings Estimates
Carriage Services Announces First Quarter Results
Carriage declares $0.1125 dividend
Carriage Services, Inc. Common Stock (CSV)
See More Headlines

Industry, Sector and Symbol

Industry
Personal services
Sub-Industry
Specialized Consumer Services
CUSIP
14390510
Employees
2,657
Year Founded
N/A

Company Calendar

Last Earnings
4/27/2022
Ex-Dividend for 6/1 Dividend
5/06/2022
Dividend Payable
6/01/2022
Today
7/07/2022
Next Earnings (Estimated)
7/26/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$70.50
High Stock Price Forecast
$77.00
Low Stock Price Forecast
$64.00
Forecasted Upside/Downside
+78.3%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
4 Analysts

Profitability

Net Income
$33.16 million
Pretax Margin
12.51%

Debt

Sales & Book Value

Annual Sales
$375.89 million
Cash Flow
$4.30 per share
Book Value
$7.11 per share

Miscellaneous

Free Float
13,207,000
Market Cap
$588.75 million
Optionable
Optionable
Beta
1.08














Carriage Services Frequently Asked Questions

Should I buy or sell Carriage Services stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carriage Services in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Carriage Services stock.
View analyst ratings for Carriage Services
or view top-rated stocks.

What is Carriage Services' stock price forecast for 2022?

4 brokerages have issued 12-month price objectives for Carriage Services' stock. Their CSV stock forecasts range from $64.00 to $77.00. On average, they expect Carriage Services' stock price to reach $70.50 in the next twelve months. This suggests a possible upside of 78.3% from the stock's current price.
View analysts' price targets for Carriage Services
or view top-rated stocks among Wall Street analysts.

How has Carriage Services' stock price performed in 2022?

Carriage Services' stock was trading at $64.44 at the beginning of 2022. Since then, CSV shares have decreased by 38.6% and is now trading at $39.54.
View the best growth stocks for 2022 here
.

When is Carriage Services' next earnings date?

Carriage Services is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Carriage Services
.

How were Carriage Services' earnings last quarter?

Carriage Services, Inc. (NYSE:CSV) posted its quarterly earnings results on Wednesday, April, 27th. The company reported $0.92 earnings per share for the quarter, hitting the consensus estimate of $0.92. The business had revenue of $98.16 million for the quarter, compared to analyst estimates of $98.22 million. Carriage Services had a net margin of 9.71% and a trailing twelve-month return on equity of 33.07%. During the same quarter last year, the company earned $0.81 EPS.
View Carriage Services' earnings history
.

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

Carriage Services declared a quarterly dividend on Thursday, April 21st. Investors of record on Monday, May 9th will be given a dividend of $0.112 per share on Wednesday, June 1st. This represents a $0.45 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Friday, May 6th.
View Carriage Services' dividend history
.

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 1.13%. Carriage Services has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Carriage Services is 20.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Carriage Services will have a dividend payout ratio of 11.36% next year. This indicates that Carriage Services will be able to sustain or increase its dividend.
View Carriage Services' dividend history.

Who are Carriage Services' key executives?

Carriage Services' management team includes the following people:
  • Mr. Melvin C. Payne, Founder, Exec. Chairman & CEO (Age 79, Pay $2.14M)
  • Mr. Carlos R. Quezada, Pres & COO (Age 50, Pay $957.85k)
  • Mr. Carl Benjamin Brink, CFO, EVP & Treasurer (Age 41, Pay $814.31k) (LinkedIn Profile)
  • Mr. Steven D. Metzger, Exec. VP, Sec., Chief Admin. Officer & Gen. Counsel (Age 43, Pay $810.15k) (LinkedIn Profile)
  • Mr. Shawn R. Phillips, Sr. VP, Regional Partner and Head of Strategic & Corp. Devel. (Age 59, Pay $603.08k)
  • Ms. Adeola Olaniyan, Corp. Controller & Principal Accounting Officer (Age 43)
  • Mr. Shane T. Pudenz, VP of Sales & Marketing (Age 32)
  • Mr. Michael S. Loeffel, Sr. VP of HR (Age 48)
  • Mr. Paul Donald Elliott, Sr. VP & Regional Partner of West (Age 61) (LinkedIn Profile)
  • Ms. Peggy Schappaugh, VP and Head of the Operations, Acquisitions Analysis & Planning Group (Age 47)

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

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

Who are some of Carriage Services' key competitors?

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).

What is Carriage Services' stock symbol?

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

How do I buy shares of Carriage Services?

Shares of CSV 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.

What is Carriage Services' stock price today?

One share of CSV stock can currently be purchased for approximately $39.54.

How much money does Carriage Services make?

Carriage Services (NYSE:CSV) has a market capitalization of $588.75 million and generates $375.89 million in revenue each year. The company earns $33.16 million in net income (profit) each year or $2.15 on an earnings per share basis.

How many employees does Carriage Services have?

Carriage Services employs 2,657 workers across the globe.

How can I contact Carriage Services?

Carriage Services' mailing address is 3040 POST OAK BOULEVARD SUITE 300, HOUSTON TX, 77056. The official website for Carriage Services is www.carriageservices.com. The company can be reached via phone at (713) 332-8400, via email at investorrelations@carriageservices.com, or via fax at 713-332-8401.

This page (NYSE:CSV) was last updated on 7/7/2022 by MarketBeat.com Staff

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