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NYSE:CSVCarriage Services Stock Price, Forecast & News

$19.30
-0.62 (-3.11 %)
(As of 06/4/2020 04:00 PM ET)
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Today's Range
$19.00
Now: $19.30
$19.90
50-Day Range
$13.80
MA: $16.20
$19.92
52-Week Range
$13.54
Now: $19.30
$28.50
Volume140,112 shs
Average Volume204,506 shs
Market Capitalization$344.89 million
P/E Ratio91.90
Dividend Yield1.51%
Beta0.84
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 offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services. The Cemetery Operations segment provides products and services, such as interment services; the rights to interment in cemetery sites comprising grave sites, mausoleum crypts, and niches; and related cemetery merchandise, including memorials and vaults. As of December 31, 2018, the company operated 182 funeral homes in 29 states; and 29 cemeteries in 11 states. Carriage Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.61 out of 5 stars


Industry, Sector and Symbol

Industry Personal services
Sub-IndustrySpecialized Consumer Services
CUSIP14390510
Phone713-332-8400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$274.11 million
Cash Flow$2.23 per share
Book Value$12.69 per share

Profitability

Net Income$14.53 million

Miscellaneous

Employees2,797
Market Cap$344.89 million
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Carriage Services (NYSE:CSV) Frequently Asked Questions

How has Carriage Services' stock been impacted by COVID-19 (Coronavirus)?

Carriage Services' stock was trading at $17.33 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CSV shares have increased by 11.4% and is now trading at $19.30. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Carriage Services?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carriage Services in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Carriage Services.

When is Carriage Services' next earnings date?

Carriage Services is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Carriage Services.

How were Carriage Services' earnings last quarter?

Carriage Services, Inc. (NYSE:CSV) posted its quarterly earnings data on Tuesday, May, 19th. The company reported $0.35 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.34 by $0.01. The firm earned $77.49 million during the quarter, compared to the consensus estimate of $68.85 million. Carriage Services had a net margin of 1.35% and a return on equity of 9.71%. View Carriage Services' earnings history.

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

Carriage Services announced a quarterly dividend on Monday, April 27th. Investors of record on Monday, May 11th will be paid a dividend of $0.075 per share on Monday, June 1st. This represents a $0.30 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Friday, May 8th. View Carriage Services' dividend history.

What guidance has Carriage Services issued on next quarter's earnings?

Carriage Services updated its FY 2020 After-Hours earnings guidance on Tuesday, May, 19th. The company provided earnings per share (EPS) guidance of 1.36-1.42 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.29. The company issued revenue guidance of $300-306 million, compared to the consensus revenue estimate of $289.84 million.

What price target have analysts set for CSV?

2 brokers have issued 1-year price objectives for Carriage Services' shares. Their forecasts range from $30.00 to $30.00. On average, they expect Carriage Services' share price to reach $30.00 in the next year. This suggests a possible upside of 55.4% from the stock's current price. View analysts' price targets for Carriage Services.

Has Carriage Services been receiving favorable news coverage?

News articles about CSV stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carriage Services earned a coverage optimism score of -5.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutCarriage Services.

Are investors shorting Carriage Services?

Carriage Services saw a drop in short interest in May. As of May 15th, there was short interest totaling 504,100 shares, a drop of 23.7% from the April 30th total of 660,700 shares. Based on an average daily trading volume, of 199,200 shares, the days-to-cover ratio is presently 2.5 days. Currently, 3.1% of the company's shares are sold short. View Carriage Services' Current Options Chain.

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 Service Co. International (SCI), Verizon Communications (VZ), AT&T (T), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Altria Group (MO), Cisco Systems (CSCO), Gilead Sciences (GILD), Tesla (TSLA) and Alibaba Group (BABA).

Who are Carriage Services' key executives?

Carriage Services' management team includes the following people:
  • Mr. Melvin C. Payne, Founder, Exec. Chairman, CEO & COO (Age 76)
  • Ms. Viki King Blinderman, Principal Financial Officer, Chief Accounting Officer, Sr. VP & Sec. (Age 50)
  • Mr. Carl Benjamin Brink, CFO, Sr. VP & Treasurer (Age 38)
  • Mr. Shawn R. Phillips, Sr. VP and Head of Strategic & Corp. Devel. (Age 56)
  • Mr. Paul Donald Elliott, Sr. VP & Regional Partner of West (Age 58)

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.16%), Global Alpha Capital Management Ltd. (5.06%), State Street Corp (2.07%), Nuveen Asset Management LLC (1.85%), Nicholas Company Inc. (1.31%) and Geode Capital Management LLC (1.29%). Company insiders that own Carriage Services stock include Adeola Olaniyan, Barry K Fingerhut, Bryan Leibman, Carl Benjamin Brink, Christopher Manceaux, Donald Douglas Patteson Jr, James Raymond Schenck, Mark R Bruce, Melvin C Payne, Michael Loeffel, Shawn R Phillips, Steven D Metzger, Viki K Blinderman and William Goetz. View institutional ownership trends for Carriage Services.

Which institutional investors are selling Carriage Services stock?

CSV stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Morgan Stanley, Two Sigma Investments LP, Squarepoint Ops LLC, Acadian Asset Management LLC, BlackRock Inc., WINTON GROUP Ltd, and Stratos Wealth Partners LTD.. Company insiders that have sold Carriage Services company stock in the last year include Adeola Olaniyan, Carl Benjamin Brink, Christopher Manceaux, Melvin C Payne, Shawn R Phillips, and Viki K Blinderman. View insider buying and selling activity for Carriage Services.

Which institutional investors are buying Carriage Services stock?

CSV stock was purchased by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Assenagon Asset Management S.A., Wedge Capital Management L L P NC, Nuveen Asset Management LLC, Teton Advisors Inc., Los Angeles Capital Management & Equity Research Inc., Geode Capital Management LLC, and Dean Capital Management. Company insiders that have bought Carriage Services stock in the last two years include Adeola Olaniyan, Barry K Fingerhut, Bryan Leibman, Carl Benjamin Brink, Donald Douglas Patteson Jr, James Raymond Schenck, Melvin C Payne, Michael Loeffel, Steven D Metzger, Viki K Blinderman, and William Goetz. View insider buying and selling activity for Carriage Services.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Carriage Services' stock price today?

One share of CSV stock can currently be purchased for approximately $19.30.

How big of a company is Carriage Services?

Carriage Services has a market capitalization of $344.89 million and generates $274.11 million in revenue each year. The company earns $14.53 million in net income (profit) each year or $1.20 on an earnings per share basis. Carriage Services employs 2,797 workers across the globe.

What is Carriage Services' official website?

The official website for Carriage Services is www.carriageservices.com.

How can I contact Carriage Services?

Carriage Services' mailing address is 3040 POST OAK BOULEVARD SUITE 300, HOUSTON TX, 77056. The company can be reached via phone at 713-332-8400.

This page was last updated on 6/5/2020 by MarketBeat.com Staff

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