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.
Industry, Sector and Symbol
Industry Personal services
Sub-IndustrySpecialized Consumer Services
SectorConsumer Staples
Phone713-332-8400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$267.99 million
Profitability
Miscellaneous
Employees2,617
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable
Carriage Services (NYSE:CSV) Frequently Asked Questions
What is Carriage Services' stock symbol?
Carriage Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "CSV."
How often does Carriage Services pay dividends? What is the dividend yield for Carriage Services?
Carriage Services declared a quarterly dividend on Friday, April 26th. Investors of record on Monday, May 13th will be paid a dividend of $0.075 per share on Monday, June 3rd. This represents a $0.30 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Friday, May 10th. View Carriage Services' Dividend History.
How will Carriage Services' stock buyback program work?
Carriage Services announced that its Board of Directors has authorized a share repurchase program on Thursday, October 26th 2017, which permits the company to repurchase $15,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.
How were Carriage Services' earnings last quarter?
Carriage Services, Inc. (NYSE:CSV) posted its quarterly earnings data on Wednesday, May, 1st. The company reported $0.38 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.02. The firm earned $69.08 million during the quarter, compared to the consensus estimate of $73.19 million. Carriage Services had a return on equity of 7.69% and a net margin of 3.35%. View Carriage Services' Earnings History.
When is Carriage Services' next earnings date?
What price target have analysts set for CSV?
1 equities research analysts have issued 12 month price objectives for Carriage Services' shares. Their forecasts range from $26.00 to $26.00. On average, they expect Carriage Services' share price to reach $26.00 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price. View Analyst Price Targets for Carriage Services.
What is the consensus analysts' recommendation for Carriage Services?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carriage Services in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carriage Services.
What are Wall Street analysts saying about Carriage Services stock?
Here are some recent quotes from research analysts about Carriage Services stock:
- 1. According to Zacks Investment Research, "Carriage Services, Inc. is a leading provider of death care services and products in the United States. Carriage provides a complete range of services relating to funerals, burials and cremations, including the use of funeral homes and motor vehicles, the performance of cemetery interment services and the management and maintenance of cemetery grounds. They also sell related products and merchandise including caskets, burial vaults, garments, cemetery interment rights, stone and bronze memorials, as well as other items. " (4/17/2019)
- 2. Barrington Research analysts commented, "We are reiterating our OUTPERFORM investment rating and our 12‐ month price target of $24, suggesting more than 40% upside from current levels." (1/15/2019)
Has Carriage Services been receiving favorable news coverage?
News articles about CSV stock have been trending somewhat negative this week, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. 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 -1.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.
Who are some of Carriage Services' key competitors?
Some companies that are related to Carriage Services include Weight Watchers International (WW), Weight Watchers International (WTW), Park Lawn (PLC), Regis (RGS), CEWE Stiftung & Co KGaA (CWC), Care.com (CRCM), CVS Group (CVSG), EVI Industries (EVI), AA (AA), Dignity (DTY), Propel Funeral Partners (PFP), Keystone Law Group (KEYS), National Veterinary Care (NVL), Slater & Gordon (SGH) and Shine Corporate (SHJ).
What other stocks do shareholders of Carriage Services own?
Who are Carriage Services' key executives?
Carriage Services' management team includes the folowing 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)
Who are Carriage Services' major shareholders?
Carriage Services' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (12.74%), Dimensional Fund Advisors LP (8.50%), BlackRock Inc. (6.96%), Renaissance Technologies LLC (6.76%), Global Alpha Capital Management Ltd. (4.66%) and Kennedy Capital Management Inc. (2.56%). Company insiders that own Carriage Services stock include Adeola Olaniyan, Barry K Fingerhut, Bryan Leibman, Carl Benjamin Brink, Donald Douglas Patteson Jr, James Raymond Schenck, Mark R Bruce, Melvin C Payne, Shawn R Phillips and Steven D Metzger. View Institutional Ownership Trends for Carriage Services.
Which major investors are selling Carriage Services stock?
CSV stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Keeley Teton Advisors LLC, FMR LLC, BlackRock Inc., Morgan Stanley, Stratos Wealth Partners LTD., Northern Trust Corp and Summit Global Investments. Company insiders that have sold Carriage Services company stock in the last year include Adeola Olaniyan, Carl Benjamin Brink, Mark R Bruce and Shawn R Phillips. View Insider Buying and Selling for Carriage Services.
Which major investors are buying Carriage Services stock?
CSV stock was purchased by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Global Alpha Capital Management Ltd., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Acadian Asset Management LLC, Dupont Capital Management Corp, Martingale Asset Management L P and Oxford Asset Management LLP. Company insiders that have bought Carriage Services stock in the last two years include Barry K Fingerhut, Bryan Leibman, Carl Benjamin Brink, Donald Douglas Patteson Jr, James Raymond Schenck, Melvin C Payne and Steven D Metzger. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Carriage Services' stock price today?
One share of CSV stock can currently be purchased for approximately $20.31.
How big of a company is Carriage Services?
Carriage Services has a market capitalization of $369.70 million and generates $267.99 million in revenue each year. The company earns $11.65 million in net income (profit) each year or $1.17 on an earnings per share basis. Carriage Services employs 2,617 workers across the globe.
What is Carriage Services' official website?
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.
MarketBeat Community Rating for Carriage Services (NYSE CSV)
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.
