NYSE:CSV Carriage Services Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $20.88 -0.58 (-2.70 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$20.37Now: $20.88▼$21.0550-Day Range$21.02MA: $22.28▼$23.4752-Week Range$13.54Now: $20.88▼$28.50Volume129,907 shsAverage Volume155,480 shsMarket Capitalization$374.46 millionP/E Ratio69.60Dividend Yield1.63%Beta0.89 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.00, Carriage Services has a forecasted upside of 43.7% from its current price of $20.88.Amount of Analyst CoverageCarriage Services has only been the subject of 1 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesCarriage Services has received 265 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCarriage Services has received 224 “underperform” votes. (Add your “underperform” vote.)Community SentimentCarriage Services has received 54.19% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Carriage Services and other stocks. Vote “Outperform” if you believe CSV will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CSV will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldCarriage Services pays a meaningful dividend of 1.63%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCarriage Services has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Carriage Services is 29.17%. 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 16.67% next year. This indicates that Carriage Services will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carriage Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought $52,225.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 11.80% of the stock of Carriage Services is held by insiders.Percentage Held by Institutions73.10% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Carriage Services are expected to grow by 35.48% in the coming year, from $1.55 to $2.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carriage Services is 69.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Carriage Services is 69.60, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 48.64.Price to Earnings Growth RatioCarriage Services has a PEG Ratio of 0.92. 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 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.04 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Personal services Sub-IndustrySpecialized Consumer Services SectorConsumer Staples Current SymbolNYSE:CSV Previous Symbol CUSIP14390510 CIK1016281 Webwww.carriageservices.com Phone713-332-8400Debt Debt-to-Equity Ratio1.76 Current Ratio0.98 Quick Ratio0.80Price-To-Earnings Trailing P/E Ratio69.60 Forward P/E Ratio13.47 P/E Growth0.92 Sales & Book Value Annual Sales$274.11 million Price / Sales1.37 Cash Flow$2.24 per share Price / Cash Flow9.31 Book Value$12.69 per share Price / Book1.65Profitability EPS (Most Recent Fiscal Year)$1.20 Net Income$14.53 million Net Margins1.83% Return on Equity10.69% Return on Assets2.22%Miscellaneous Employees2,797 Outstanding Shares17,934,000Market Cap$374.46 million Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $20.88 -0.58 (-2.70 %) (As of 09/21/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CSV News and Ratings via Email Sign-up to receive the latest news and ratings for CSV and its competitors with MarketBeat's FREE daily newsletter. 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CSV shares have increased by 20.5% and is now trading at $20.88. View which stocks have been most impacted by COVID-19. 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 Monday, October 26th 2020. View our earnings forecast for Carriage Services. How were Carriage Services' earnings last quarter? Carriage Services, Inc. (NYSE:CSV) issued its quarterly earnings data on Wednesday, July, 29th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.12. The firm had revenue of $77.48 million for the quarter, compared to analysts' expectations of $72 million. Carriage Services had a net margin of 1.83% and a return on equity of 10.69%. 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 Wednesday, July 22nd. Stockholders of record on Monday, August 10th will be given a dividend of $0.087 per share on Tuesday, September 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date is Friday, August 7th. This is a boost from Carriage Services's previous quarterly dividend of $0.08. View Carriage Services' dividend history. What guidance has Carriage Services issued on next quarter's earnings? Carriage Services issued an update on its FY 2020 After-Hours earnings guidance on Tuesday, July, 28th. The company provided EPS guidance of 1.50-1.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.39. The company issued revenue guidance of $306-312 million, compared to the consensus revenue estimate of $301.79 million. What price target have analysts set for CSV? 2 brokerages have issued 12-month price targets for Carriage Services' shares. Their forecasts range from $30.00 to $30.00. On average, they anticipate Carriage Services' stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 43.7% from the stock's current price. View analysts' price targets for Carriage Services. Who are some of Carriage Services' key competitors? Some companies that are related to Carriage Services include H & R Block (HRB), Hillenbrand (HI), Weight Watchers International (WW), Matthews International (MATW), Collectors Universe (CLCT), Capstar Financial (CSTR), Regis (RGS) and Ascent Capital Group Inc Series A (ASCMA). View all 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), Walt Disney (DIS), Home Depot (HD) and Square (SQ). 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 retail and institutional investors. Top institutional shareholders include Nuveen Asset Management LLC (1.85%), Fenimore Asset Management Inc. (1.67%), LSV Asset Management (0.63%), Charles Schwab Investment Management Inc. (0.62%), Bank of New York Mellon Corp (0.61%) and Heartland Advisors Inc. (0.56%). 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, 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 Prudential Financial Inc., Fenimore Asset Management Inc., Goldman Sachs Group Inc., Wedge Capital Management L L P NC, Tudor Investment Corp Et Al, Bank of New York Mellon Corp, National Investment Services of America LLC, and UBS Group AG. Company insiders that have sold Carriage Services company stock in the last year include Adeola Olaniyan, 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 acquired by a variety of institutional investors in the last quarter, including Heartland Advisors Inc., Mendel Money Management, Mackay Shields LLC, Grantham Mayo Van Otterloo & Co. LLC, Engineers Gate Manager LP, Campbell & CO Investment Adviser LLC, Aigen Investment Management LP, and AQR Capital Management LLC. 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 $20.88. How big of a company is Carriage Services? Carriage Services has a market capitalization of $374.46 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 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
