NYSE:CSV Carriage Services (CSV) Stock Forecast, Price & News $26.77 +1.28 (+5.02%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$25.80▼$26.8050-Day Range$25.49▼$31.1052-Week Range$22.71▼$44.52Volume89,677 shsAverage Volume87,734 shsMarket Capitalization$399.68 millionP/E Ratio12.34Dividend Yield1.68%Price Target$53.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Carriage Services MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside99.9% Upside$53.50 Price TargetShort InterestHealthy2.72% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.56Based on 5 Articles This WeekInsider TradingSelling Shares$116,969 Sold Last QuarterProj. Earnings Growth14.29%From $2.31 to $2.64 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.3.32 out of 5 starsConsumer Staples Sector1st out of 140 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 $53.50, Carriage Services has a forecasted upside of 99.9% from its current price of $26.77.Amount of Analyst CoverageCarriage Services has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.72% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Carriage Services has recently increased by 0.23%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldCarriage Services pays a meaningful dividend of 1.72%, 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 20.74%. 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 17.05% 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 3.1 News and Social Media Coverage News SentimentCarriage Services has a news sentiment score of 0.56. 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 news sentiment score is similar to the average news sentiment of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Carriage Services this week, compared to 2 articles on an average week.Search Interest5 people have searched for CSV on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows3 people have added Carriage Services to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carriage Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $116,969.00 in 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 Institutions72.23% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Carriage Services are expected to grow by 14.29% in the coming year, from $2.31 to $2.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carriage Services is 12.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Carriage Services is 12.34, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.30.Price to Earnings Growth RatioCarriage Services has a PEG Ratio of 0.75. 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 2.72. 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 (NYSE:CSV) StockCarriage Services, Inc. engages in the provision of funeral and cemetery services. It operates through the Funeral Home and Cemetery segments. The Funeral Home segment offers a complete suite of services to meet families' funeral needs, including consultation, the removal and preparation of remains, the sale of caskets and related funeral merchandise, the use of funeral homes for visitation and remembrance services and transportation services. The Cemetery segment includes interment rights and related merchandise, such as markers and outer burial containers. The company was founded by Melvin C. Payne in 1991 and is headquartered in Houston, TX.Read More 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 CSV Stock News HeadlinesMay 29, 2023 | finance.yahoo.comBullish Carriage Services Insiders Loaded Up On US$502k Of StockMay 29, 2023 | finance.yahoo.comBullish Carriage Services Insiders Loaded Up On US$502k Of Stock \June 3, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 27, 2023 | americanbankingnews.comPaul Donald Elliott Sells 3,894 Shares of Carriage Services, Inc. (NYSE:CSV) StockMay 22, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Carriage Services (NYSE:CSV)May 16, 2023 | finance.yahoo.comCarriage Services Announces Strategic National Partnership to Grow Pre-Arranged Funeral Sales and Deliver Unparalleled ServiceMay 15, 2023 | finance.yahoo.comWhy Carriage Services, Inc. (NYSE:CSV) Could Be Worth WatchingMay 10, 2023 | bizjournals.comHouston-based LNG co. Tellurian hires investment banker as new CFOJune 3, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 10, 2023 | americanbankingnews.comB. Riley Weighs in on Carriage Services, Inc.'s Q2 2023 Earnings (NYSE:CSV)May 9, 2023 | americanbankingnews.comBarrington Research Research Analysts Lower Earnings Estimates for Carriage Services, Inc. (NYSE:CSV)May 4, 2023 | americanbankingnews.comCarriage Services, Inc. (NYSE:CSV) Raises Dividend to $0.11 Per ShareMay 3, 2023 | finance.yahoo.comCarriage Services Announces First Quarter 2023 ResultsMay 1, 2023 | americanbankingnews.comCarriage Services (CSV) Scheduled to Post Earnings on WednesdayApril 24, 2023 | finance.yahoo.comCarriage Services (NYSE:CSV) Has Announced A Dividend Of $0.1125April 21, 2023 | msn.comCarriage Services (CSV) Declares $0.11 DividendApril 19, 2023 | americanbankingnews.comCarriage Services (NYSE:CSV) Stock Rating Reaffirmed by Barrington ResearchApril 14, 2023 | uk.finance.yahoo.comCarriage Services, Inc. (CSV)April 12, 2023 | finance.yahoo.comCarriage Services Announces 2023 First Quarter Earnings Release and Conference Call ScheduleMarch 22, 2023 | finance.yahoo.comCarriage Services Announces the Acquisition of Greenlawn Funeral Homes, Cemeteries and Cremations and Wood Family Funeral ServiceMarch 22, 2023 | finance.yahoo.comCarriage Services Announces the Acquisition of Greenlawn Funeral Homes, Cemeteries and Cremations and Wood Family Funeral ServiceMarch 22, 2023 | finance.yahoo.comShould We Be Delighted With Carriage Services, Inc.'s (NYSE:CSV) ROE Of 30%?March 16, 2023 | finance.yahoo.com7 High-Risk, High-Reward Stocks to Buy in MarchMarch 10, 2023 | bizjournals.comCarriage Services Inc. hires former Tellurian exec as CFOMarch 6, 2023 | seekingalpha.comCarriage Services: Looking For Direction Post Q4 EarningsMarch 6, 2023 | finance.yahoo.comCarriage Services Appoints Kian Granmayeh as Chief Financial OfficerFebruary 25, 2023 | seekingalpha.comCarriage Services, Inc. (CSV) Q4 2022 Earnings Call TranscriptSee More Headlines CSV Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CSV Company Calendar Last Earnings5/03/2023Ex-Dividend for 6/1 Dividend5/05/2023Dividend Payable6/01/2023Today6/02/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get 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 Forecast$53.50 High Stock Price Forecast$62.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+99.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.17 Trailing P/E Ratio12.34 Forward P/E Ratio11.59 P/E Growth0.75Net Income$41.38 million Net Margins9.20% Pretax Margin13.08% Return on Equity25.87% Return on Assets2.94% Debt Debt-to-Equity Ratio2.72 Current Ratio0.88 Quick Ratio0.69 Sales & Book Value Annual Sales$370.17 million Price / Sales1.08 Cash Flow$4.22 per share Price / Cash Flow6.34 Book Value$9.85 per share Price / Book2.72Miscellaneous Outstanding Shares14,930,000Free Float13,127,000Market Cap$399.68 million OptionableOptionable Beta0.82 Key ExecutivesMel PayneChairman & Chief Executive OfficerCarlos R. QuezadaVice Chairman, President & Chief Operating OfficerL. Kian GranmayehChief Financial Officer, Treasurer & EVPRob P. FranchChief Information OfficerSteven D. MetzgerSecretary, Chief Administrative Officer & EVPKey CompetitorsEuropean Wax CenterNASDAQ:EWCZDaily JournalNASDAQ:DJCOCresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y AgropecuariaNASDAQ:CRESYPurple InnovationNASDAQ:PRPLTurning Point BrandsNYSE:TPBView All CompetitorsInsiders & InstitutionsPaul Donald ElliottSold 3,894 sharesTotal: $108,175.32 ($27.78/share)Ameriprise Financial Inc.Bought 200,006 shares on 5/22/2023Ownership: 8.654%Shane PudenzSold 216 sharesTotal: $6,056.64 ($28.04/share)JPMorgan Chase & Co.Bought 12,453 shares on 5/18/2023Ownership: 0.873%Advisory Services Network LLCBought 2,988 shares on 5/17/2023Ownership: 0.086%View All Insider TransactionsView All Institutional Transactions CSV Stock - Frequently Asked Questions Should I buy or sell Carriage Services stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carriage Services in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CSV shares. View CSV analyst ratings or view top-rated stocks. What is Carriage Services' stock price forecast for 2023? 1 Wall Street research analysts have issued twelve-month price objectives for Carriage Services' stock. Their CSV share price forecasts range from $45.00 to $62.00. On average, they anticipate the company's share price to reach $53.50 in the next twelve months. This suggests a possible upside of 99.9% 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 2023. Since then, CSV shares have decreased by 2.8% and is now trading at $26.77. View the best growth stocks for 2023 here. Are investors shorting Carriage Services? Carriage Services saw a decline in short interest in April. As of April 30th, there was short interest totaling 350,900 shares, a decline of 8.8% from the April 15th total of 384,700 shares. Based on an average trading volume of 96,900 shares, the days-to-cover ratio is presently 3.6 days. Currently, 2.7% of the company's shares 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, July 26th 2023. View our CSV earnings forecast. How were Carriage Services' earnings last quarter? Carriage Services, Inc. (NYSE:CSV) posted its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.10. The company earned $95.51 million during the quarter, compared to the consensus estimate of $89.75 million. Carriage Services had a trailing twelve-month return on equity of 25.87% and a net margin of 9.20%. How often does Carriage Services pay dividends? What is the dividend yield for Carriage Services? Carriage Services declared a quarterly dividend on Thursday, April 20th. Shareholders of record on Monday, May 8th will be given a dividend of $0.1125 per share on Thursday, June 1st. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Friday, May 5th. This is a boost from the stock's previous quarterly dividend of $0.11. Read our dividend analysis for CSV. What ETF holds Carriage Services' stock ? First Trust Dow Jones Select Microcap Index Fund holds 34,870 shares of CSV stock, representing 0.70% of its portfolio. 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 1.72%. The dividend payout ratio is 20.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSV will have a dividend payout ratio of 17.05% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CSV. What guidance has Carriage Services issued on next quarter's earnings? Carriage Services updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $2.25-$2.40 for the period, compared to the consensus estimate of $2.35. The company issued revenue guidance of $375.00 million-$385.00 million, compared to the consensus revenue estimate of $382.48 million. 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). What is Carriage Services' stock symbol? Carriage Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "CSV." Who are Carriage Services' major shareholders? Carriage Services' stock is owned by a number of retail and institutional investors. Top institutional investors include Ameriprise Financial Inc. (8.65%), BlackRock Inc. (6.40%), Dimensional Fund Advisors LP (5.44%), Renaissance Technologies LLC (4.87%), LSV Asset Management (3.22%) and Fenimore Asset Management Inc. (2.10%). 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, Michael Loeffel, 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. What is Carriage Services' stock price today? One share of CSV stock can currently be purchased for approximately $26.77. How much money does Carriage Services make? Carriage Services (NYSE:CSV) has a market capitalization of $399.68 million and generates $370.17 million in revenue each year. The company earns $41.38 million in net income (profit) each year or $2.17 on an earnings per share basis. How many employees does Carriage Services have? The company employs 2,553 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 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. This page (NYSE:CSV) was last updated on 6/3/2023 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. 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