Carriage Services - CSV Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carriage Services in the last twelve months. There are currently 4 buy ratings 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.

4 Wall Street research analysts have issued twelve-month target prices for Carriage Services' shares. Their CSV share price forecasts range from $55.00 to $77.00. On average, they predict the company's share price to reach $64.50 in the next twelve months. This suggests a possible upside of 92.1% 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 $64.44 at the beginning of 2022. Since then, CSV stock has decreased by 47.9% and is now trading at $33.57.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our CSV earnings forecast.

Carriage Services, Inc. (NYSE:CSV) announced its quarterly earnings data on Wednesday, July, 27th. The company reported $0.58 EPS for the quarter, missing analysts' consensus estimates of $0.83 by $0.25. The firm earned $90.60 million during the quarter, compared to analyst estimates of $93.43 million. Carriage Services had a net margin of 14.14% and a trailing twelve-month return on equity of 37.56%.

Carriage Services declared a quarterly dividend on Friday, July 29th. Stockholders of record on Monday, August 8th will be given a dividend of $0.1125 per share on Thursday, September 1st. This represents a $0.45 annualized dividend and a yield of 1.34%. The ex-dividend date is Friday, August 5th. This is a boost from the stock's previous quarterly dividend of $0.11.
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 1.40%. The company 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 is 14.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSV will have a dividend payout ratio of 14.85% 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "CSV."

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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One share of CSV stock can currently be purchased for approximately $33.57.

Carriage Services (NYSE:CSV) has a market capitalization of $493.41 million and generates $375.89 million in revenue each year. The company earns $33.16 million in net income (profit) each year or $3.17 on an earnings per share basis.

The company employs 2,657 workers across the globe.

Carriage Services' mailing address is 3040 POST OAK BOULEVARD SUITE 300, HOUSTON TX, 77056. The official website for the company 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.