NYSE:CSV - Carriage Services Stock Price, News & Analysis

$22.41
-0.23 (-1.02 %)
(As of 09/19/2019 02:21 AM ET)
Today's Range
$22.39
Now: $22.41
$22.94
50-Day Range
$19.33
MA: $21.82
$22.81
52-Week Range
$14.50
Now: $22.41
$22.95
Volume112,971 shs
Average Volume100,631 shs
Market Capitalization$399.12 million
P/E Ratio19.15
Dividend Yield1.33%
Beta0.67
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$267.99 million
Cash Flow$2.3127 per share
Book Value$12.25 per share

Profitability

Net Income$11.65 million

Miscellaneous

Employees2,617
Market Cap$399.12 million
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Wednesday, July 24th. Stockholders of record on Monday, August 12th will be given a dividend of $0.075 per share on Tuesday, September 3rd. This represents a $0.30 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend is Friday, August 9th. View Carriage Services' Dividend History.

How will Carriage Services' stock buyback program work?

Carriage Services announced that its board has authorized a share repurchase plan on Thursday, October 26th 2017, which allows the company to repurchase $15,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were Carriage Services' earnings last quarter?

Carriage Services, Inc. (NYSE:CSV) posted its earnings results on Wednesday, July, 31st. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.32 by $0.01. The company had revenue of $67.75 million for the quarter, compared to analyst estimates of $66.55 million. Carriage Services had a net margin of 4.08% and a return on equity of 8.54%. View Carriage Services' Earnings History.

When is Carriage Services' next earnings date?

Carriage Services is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Carriage Services.

What price target have analysts set for CSV?

1 brokers 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 16.0% 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. " (8/7/2019)
  • 2. Barrington Research analysts commented, "We would also note that year-over-year comps will be easier in Q2, Q3 and Q4 of 2019, with funeral volumes down in each of the comparable quarters last year as the very strong Q1/18 funeral volumes, resulting from an especially difficult cold/flu season, “pulled forward” deaths from subsequent quarters." (7/22/2019)

Has Carriage Services been receiving favorable news coverage?

Headlines about CSV stock have trended negative on Thursday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carriage Services earned a news impact score of -2.9 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Carriage Services.

Are investors shorting Carriage Services?

Carriage Services saw a decrease in short interest in August. As of August 31st, there was short interest totalling 595,700 shares, a decrease of 6.4% from the July 31st total of 636,100 shares. Based on an average trading volume of 78,100 shares, the days-to-cover ratio is currently 7.6 days. Approximately 3.7% of the shares of the stock 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), StoneMor Partners (STON), Micron Technology (MU), Bristol-Myers Squibb (BMY), Celgene (CELG), Cisco Systems (CSCO), Gilead Sciences (GILD), Chesapeake Energy (CHK), Graham (GHC) and AT&T (T).

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 variety of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (7.07%), BlackRock Inc. (6.92%), Vanguard Group Inc. (5.85%), Global Alpha Capital Management Ltd. (2.84%), Fenimore Asset Management Inc. (2.44%) and Nuveen Asset Management LLC (1.66%). 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 institutional investors are selling Carriage Services stock?

CSV stock was sold by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Royal Bank of Canada, Russell Investments Group Ltd., D. E. Shaw & Co. Inc., BlackRock Inc., Citadel Advisors LLC, Bessemer Group Inc. and Fenimore Asset Management Inc.. Company insiders that have sold Carriage Services company stock in the last year include Adeola Olaniyan, Carl Benjamin Brink and Shawn R Phillips. View Insider Buying and Selling 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 Nuveen Asset Management LLC, Vanguard Group Inc., Mendel Money Management, National Investment Services Inc. WI, Prudential Financial Inc., Renaissance Technologies LLC, Bank of New York Mellon Corp and Teton Advisors Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is Carriage Services' stock price today?

One share of CSV stock can currently be purchased for approximately $22.41.

How big of a company is Carriage Services?

Carriage Services has a market capitalization of $399.12 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.View Additional Information About Carriage Services.

What is Carriage Services' official website?

The official website for Carriage Services is http://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.


MarketBeat Community Rating for Carriage Services (NYSE CSV)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  217 (Vote Outperform)
Underperform Votes:  184 (Vote Underperform)
Total Votes:  401
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.
This page was last updated on 9/19/2019 by MarketBeat.com Staff

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