Carriage Services Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carriage Services in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Carriage Services stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CSV, but not buy additional shares or sell existing shares.
View analyst ratings for Carriage Services or view top-rated stocks.

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Carriage Services saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 591,100 shares, an increase of 26.5% from the August 15th total of 467,200 shares. Based on an average trading volume of 110,100 shares, the short-interest ratio is currently 5.4 days. Currently, 3.8% of the company's stock are sold short.
View Carriage Services' Short Interest.

Carriage Services is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Carriage Services.

Carriage Services, Inc. (NYSE:CSV) posted its quarterly earnings data on Monday, July, 26th. The company reported $0.64 EPS for the quarter, beating the Zacks' consensus estimate of $0.49 by $0.15. The firm had revenue of $88.28 million for the quarter, compared to the consensus estimate of $81.29 million. Carriage Services had a net margin of 5.75% and a trailing twelve-month return on equity of 19.26%.
View Carriage Services' earnings history.

Carriage Services' stock was trading at $17.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CSV stock has increased by 164.1% and is now trading at $45.76.
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Carriage Services declared a quarterly dividend on Friday, July 23rd. Stockholders of record on Monday, August 9th will be paid a dividend of $0.10 per share on Wednesday, September 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Friday, August 6th.
View Carriage Services' dividend history.

Carriage Services pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.87%. The dividend payout ratio of Carriage Services is 21.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Carriage Services will have a dividend payout ratio of 13.38% next year. This indicates that Carriage Services will be able to sustain or increase its dividend.
View Carriage Services' dividend history.

Carriage Services issued an update on its FY 2022 earnings guidance on Tuesday, August, 3rd. The company provided earnings per share guidance of $3.100-$3.100 for the period, compared to the Thomson Reuters consensus estimate of $2.670. The company issued revenue guidance of $355 million-$365 million, compared to the consensus revenue estimate of $349.23 million.

3 Wall Street analysts have issued 12 month price objectives for Carriage Services' stock. Their forecasts range from $46.00 to $55.00. On average, they anticipate Carriage Services' stock price to reach $51.00 in the next year. This suggests a possible upside of 11.5% from the stock's current price.
View analysts' price targets for Carriage Services or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Carriage Services include H&R Block (HRB), Hillenbrand (HI), WW International (WW), Matthews International (MATW), Capstar Financial (CSTR), Regis (RGS) and Ascent Capital Group Inc Series A (ASCMA).
View all of CSV's competitors.

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), The Boeing (BA), Bristol-Myers Squibb (BMY), The Walt Disney (DIS) and The Home Depot (HD).

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

Carriage Services' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.14%), BlackRock Inc. (6.94%), Renaissance Technologies LLC (5.80%), Global Alpha Capital Management Ltd. (5.52%), Vanguard Group Inc. (4.97%) and LSV Asset Management (2.78%). Company insiders that own Carriage Services stock include Adeola Olaniyan, Carl Benjamin Brink, Carlos R Quezada, Carlos R Quezada, Christopher Manceaux, Donald Douglas Patteson Jr, James Raymond Schenck, Kathryn Housh Shirley, Melvin C Payne, Michael Loeffel, Paul Donald Elliott, Peggy Schappaugh, Shawn R Phillips, Steven D Metzger, Viki K Blinderman and William Goetz.
View institutional ownership trends for Carriage Services.

CSV stock was sold by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., BlackRock Inc., Dimensional Fund Advisors LP, PEAK6 Investments LLC, Goldman Sachs Group Inc., Nuveen Asset Management LLC, Nicholas Company Inc., and California Public Employees Retirement System. Company insiders that have sold Carriage Services company stock in the last year include Adeola Olaniyan, Carl Benjamin Brink, Kathryn Housh Shirley, Melvin C Payne, Paul Donald Elliott, and Shawn R Phillips.
View insider buying and selling activity for Carriage Services or view top insider-selling stocks.

CSV stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Marshall Wace LLP, Marshall Wace LLP, Teacher Retirement System of Texas, State Street Corp, Morgan Stanley, Morgan Stanley, and Vanguard Group Inc.. Company insiders that have bought Carriage Services stock in the last two years include Adeola Olaniyan, Carl Benjamin Brink, Carlos R Quezada, Christopher Manceaux, Donald Douglas Patteson Jr, James Raymond Schenck, Melvin C Payne, Michael Loeffel, Peggy Schappaugh, Shawn R Phillips, Steven D Metzger, Viki K Blinderman, and William Goetz.
View insider buying and selling activity for Carriage Services or or view top insider-buying stocks.

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.
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One share of CSV stock can currently be purchased for approximately $45.76.

Carriage Services has a market capitalization of $815.72 million and generates $329.45 million in revenue each year. The company earns $16.09 million in net income (profit) each year or $1.86 on an earnings per share basis.

Carriage Services employs 2,718 workers across the globe.

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

Carriage Services is headquartered at 3040 POST OAK BOULEVARD SUITE 300, HOUSTON TX, 77056.

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.