NYSE:CSV Carriage Services - CSV Stock Forecast, Price & News Adding Choose a watchlist: 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. $31.45 -0.48 (-1.50%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$31.40▼$32.1650-Day Range$30.11▼$35.4652-Week Range$22.71▼$55.20Volume79,146 shsAverage Volume91,059 shsMarket Capitalization$468.29 millionP/E Ratio12.10Dividend Yield1.43%Price Target$53.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Carriage Services MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside70.1% Upside$53.50 Price TargetShort InterestHealthy2.79% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.80Based on 4 Articles This WeekInsider TradingSelling Shares$17,162 Sold Last QuarterProj. Earnings Growth19.74%From $2.33 to $2.79 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.42 out of 5 starsConsumer Staples Sector1st out of 137 stocksPersonal Services Industry1st out of 12 stocks 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 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.50, Carriage Services has a forecasted upside of 70.1% from its current price of $31.45.Amount of Analyst CoverageCarriage Services has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.79% of the float of Carriage Services has been sold short.Short Interest Ratio / Days to CoverCarriage Services has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Carriage Services has recently increased by 8.90%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldCarriage Services pays a meaningful dividend of 1.42%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCarriage Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Carriage Services is 17.31%. 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 16.13% next year. This indicates that Carriage Services will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CSV. Previous Next 2.7 News and Social Media Coverage News SentimentCarriage Services has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Carriage Services this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for CSV on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Carriage Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carriage Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,162.00 in company stock.Percentage Held by Insiders11.00% of the stock of Carriage Services is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions72.23% 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 4.4 Earnings and Valuation Earnings GrowthEarnings for Carriage Services are expected to grow by 19.74% in the coming year, from $2.33 to $2.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carriage Services is 12.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Carriage Services is 12.10, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 19.35.Price to Earnings Growth RatioCarriage Services has a PEG Ratio of 0.91. 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 3.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Carriage Services (NYSE:CSV) StockCarriage Services, Inc. engages in the provision of funeral and cemetery services. It operates through the Funeral Home and Cemetery segments. The Funeral Home segment offers a complete suite of services to meet families' funeral needs, including consultation, the removal and preparation of remains, the sale of caskets and related funeral merchandise, the use of funeral homes for visitation and remembrance services and transportation services. The Cemetery segment includes interment rights and related merchandise, such as markers and outer burial containers. The company was founded by Melvin C. Payne in 1991 and is headquartered in Houston, TX.Read More Receive CSV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carriage Services and its competitors with MarketBeat's FREE daily newsletter. Email Address CSV Stock News HeadlinesMarch 22, 2023 | finance.yahoo.comCarriage Services Announces the Acquisition of Greenlawn Funeral Homes, Cemeteries and Cremations and Wood Family Funeral ServiceMarch 22, 2023 | finance.yahoo.comCarriage Services Announces the Acquisition of Greenlawn Funeral Homes, Cemeteries and Cremations and Wood Family Funeral ServiceMarch 22, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 22, 2023 | finance.yahoo.comShould We Be Delighted With Carriage Services, Inc.'s (NYSE:CSV) ROE Of 30%?March 18, 2023 | americanbankingnews.comCarriage Services (NYSE:CSV) Coverage Initiated at StockNews.comMarch 16, 2023 | finance.yahoo.com7 High-Risk, High-Reward Stocks to Buy in MarchMarch 10, 2023 | bizjournals.comCarriage Services Inc. hires former Tellurian exec as CFOMarch 6, 2023 | seekingalpha.comCarriage Services: Looking For Direction Post Q4 EarningsMarch 22, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 6, 2023 | finance.yahoo.comCarriage Services Appoints Kian Granmayeh as Chief Financial OfficerFebruary 25, 2023 | seekingalpha.comCarriage Services, Inc. (CSV) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | msn.comBarrington Research Maintains Outperform Rating for Carriage Servs: Here's What You Need To KnowFebruary 24, 2023 | finance.yahoo.comQ4 2022 Carriage Services Inc Earnings CallFebruary 24, 2023 | finance.yahoo.comEstimating The Intrinsic Value Of Carriage Services, Inc. (NYSE:CSV)February 23, 2023 | markets.businessinsider.comBarrington Reaffirms Their Buy Rating on Carriage Services (CSV)February 23, 2023 | markets.businessinsider.comHere's what Wall Street expects from Carriage Services's earningsFebruary 23, 2023 | finanznachrichten.deCarriage Services, Inc.: Carriage Services Announces Fourth Quarter and Full Year 2022 ResultsFebruary 22, 2023 | finance.yahoo.comCarriage Services Announces Fourth Quarter and Full Year 2022 ResultsFebruary 10, 2023 | benzinga.comCarriage Servs Stock (NYSE:CSV), Quotes and News SummaryFebruary 7, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Carriage Services (NYSE:CSV) Presents An OpportunityFebruary 2, 2023 | finance.yahoo.comCarriage Services Announces 2022 Annual Results Earnings Release And Conference Call ScheduleJanuary 24, 2023 | finance.yahoo.comCarriage Services' (NYSE:CSV) Dividend Will Be $0.1125January 17, 2023 | finance.yahoo.comCarriage Services, Inc. (NYSE:CSV) is favoured by institutional owners who hold 74% of the companyJanuary 17, 2023 | reuters.comCSV.Z - | Stock Price & Latest News | ReutersJanuary 5, 2023 | thestreet.comHilltop Holdings and Carriage Services Look Like Good Technical Small-Cap PicksJanuary 3, 2023 | finance.yahoo.comCarriage Services (NYSE:CSV) Is Looking To Continue Growing Its Returns On CapitalDecember 20, 2022 | finance.yahoo.comThe past year for Carriage Services (NYSE:CSV) investors has not been profitableSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CSV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carriage Services and its competitors with MarketBeat's FREE daily newsletter. Email Address CSV Company Calendar Ex-Dividend for 3/1 Dividend2/03/2023Last Earnings2/22/2023Dividend Payable3/01/2023Today3/22/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Personal services Sub-IndustrySpecialized Consumer Services SectorConsumer Staples Current SymbolNYSE:CSV CUSIP14390510 CIK1016281 Webwww.carriageservices.com Phone(713) 332-8400Fax713-332-8401Employees2,553Year FoundedN/APrice Target and Rating Average Stock Price Forecast$53.50 High Stock Price Forecast$62.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+67.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.60 Trailing P/E Ratio12.28 Forward P/E Ratio13.70 P/E Growth0.91Net Income$41.38 million Net Margins11.18% Pretax Margin15.45% Return on Equity32.26% Return on Assets3.51% Debt Debt-to-Equity Ratio4.29 Current Ratio0.84 Quick Ratio0.67 Sales & Book Value Annual Sales$370.17 million Price / Sales1.28 Cash Flow$4.16 per share Price / Cash Flow7.68 Book Value$8.94 per share Price / Book3.57Miscellaneous Outstanding Shares14,890,000Free Float13,253,000Market Cap$475.44 million OptionableOptionable Beta0.83 Key ExecutivesMel PayneChairman & Chief Executive OfficerCarlos R. QuezadaVice Chairman, President & Chief Operating OfficerL. Kian GranmayehChief Financial Officer, Treasurer & EVPRob FranchChief Information OfficerSteven D. MetzgerSecretary, Chief Administrative Officer & EVPKey CompetitorsEuropean Wax CenterNASDAQ:EWCZCalavo GrowersNASDAQ:CVGWSeneca FoodsNASDAQ:SENEACresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y AgropecuariaNASDAQ:CRESYDaily JournalNASDAQ:DJCOView All CompetitorsInsiders & InstitutionsAlliancebernstein L.P.Bought 1,200 shares on 2/16/2023Ownership: 0.053%Mill Road Capital Management LLCBought 1,100 shares on 2/15/2023Ownership: 1.160%Squarepoint Ops LLCSold 8,881 shares on 2/15/2023Ownership: 0.206%State of Wisconsin Investment BoardBought 5,542 shares on 2/15/2023Ownership: 0.144%Belvedere Trading LLCBought 10,860 shares on 2/15/2023Ownership: 0.074%View All Insider TransactionsView All Institutional Transactions CSV Stock - Frequently Asked Questions Should I buy or sell Carriage Services stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carriage Services in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CSV shares. View CSV analyst ratings or view top-rated stocks. What is Carriage Services' stock price forecast for 2023? 1 brokers have issued 1 year price targets for Carriage Services' stock. Their CSV share price forecasts range from $45.00 to $62.00. On average, they predict the company's share price to reach $53.50 in the next year. This suggests a possible upside of 66.4% from the stock's current price. View analysts price targets for CSV or view top-rated stocks among Wall Street analysts. How have CSV shares performed in 2023? Carriage Services' stock was trading at $27.54 at the beginning of the year. Since then, CSV stock has increased by 16.8% and is now trading at $32.16. View the best growth stocks for 2023 here. Are investors shorting Carriage Services? Carriage Services saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 359,600 shares, an increase of 8.9% from the February 13th total of 330,200 shares. Based on an average daily trading volume, of 103,200 shares, the short-interest ratio is currently 3.5 days. Approximately 2.8% of the shares of the stock are short sold. View Carriage Services' Short Interest. When is Carriage Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our CSV earnings forecast. How were Carriage Services' earnings last quarter? Carriage Services, Inc. (NYSE:CSV) issued its earnings results on Wednesday, February, 22nd. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.10. The company earned $93.92 million during the quarter, compared to analyst estimates of $89.69 million. Carriage Services had a net margin of 11.18% and a trailing twelve-month return on equity of 32.26%. How often does Carriage Services pay dividends? What is the dividend yield for Carriage Services? Carriage Services declared a quarterly dividend on Thursday, January 19th. Shareholders of record on Monday, February 6th will be paid a dividend of $0.112 per share on Wednesday, March 1st. This represents a $0.45 annualized dividend and a yield of 1.39%. The ex-dividend date is Friday, February 3rd. Read our dividend analysis for CSV. What ETF holds Carriage Services' stock ? First Trust Dow Jones Select Microcap Index Fund holds 31,368 shares of CSV stock, representing 0.71% of its portfolio. Is Carriage Services a good dividend stock? Carriage Services (NYSE:CSV) pays an annual dividend of $0.45 per share and currently has a dividend yield of 1.42%. The dividend payout ratio is 17.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSV will have a dividend payout ratio of 16.13% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CSV. What guidance has Carriage Services issued on next quarter's earnings? Carriage Services issued an update on its FY 2023 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share guidance of $2.25-$2.40 for the period, compared to the consensus EPS estimate of $2.60. The company issued revenue guidance of $375.00 million-$385.00 million, compared to the consensus revenue estimate of $375.06 million. What is Mel Payne's approval rating as Carriage Services' CEO? 24 employees have rated Carriage Services Chief Executive Officer Mel Payne on Glassdoor.com. Mel Payne has an approval rating of 59% among the company's employees. This puts Mel Payne in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 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), Bristol-Myers Squibb (BMY), Walt Disney (DIS) and Home Depot (HD). 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 investors include Dimensional Fund Advisors LP (6.23%), Renaissance Technologies LLC (5.03%), Fenimore Asset Management Inc. (2.10%), Geode Capital Management LLC (1.81%), Price T Rowe Associates Inc. MD (1.73%) and Heartland Advisors Inc. (1.57%). Insiders that own company stock include Adeola Olaniyan, Carl Benjamin Brink, Carlos R Quezada, Carlos R Quezada, Christopher Manceaux, Donald Douglas Patteson Jr, Kathryn Housh Shirley, Melvin C Payne, Michael Loeffel, Paul Donald Elliott, Peggy Schappaugh, Shane Pudenz, Shawn R Phillips and Steven D Metzger. View institutional ownership trends. How do I buy shares of Carriage Services? Shares of CSV stock 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. Compare Top Brokerages Here. What is Carriage Services' stock price today? One share of CSV stock can currently be purchased for approximately $32.16. How much money does Carriage Services make? Carriage Services (NYSE:CSV) has a market capitalization of $478.86 million and generates $370.17 million in revenue each year. The company earns $41.38 million in net income (profit) each year or $2.60 on an earnings per share basis. How many employees does Carriage Services have? The company employs 2,553 workers across the globe. How can I contact Carriage Services? Carriage Services' mailing address is 3040 POST OAK BOULEVARD SUITE 300, HOUSTON TX, 77056. The official website for the company is www.carriageservices.com. The company can be reached via phone at (713) 332-8400, via email at investorrelations@carriageservices.com, or via fax at 713-332-8401. This page (NYSE:CSV) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. 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