NYSE:CSVCarriage Services Stock Price, Forecast & 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 $19.92 +1.25 (+6.70 %) (As of 06/4/2020 04:00 PM ET) Add Compare Share Today's Range$19.04Now: $19.92▼$20.0950-Day Range$13.80MA: $16.20▼$19.9252-Week Range$13.54Now: $19.92▼$28.50Volume213,900 shsAverage Volume172,993 shsMarket Capitalization$356.03 millionP/E Ratio94.86Dividend Yield1.51%Beta0.84 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 potential upside of 50.6% from its current price of $19.92.Amount of Analyst CoverageCarriage Services has only been the subject of 2 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesCarriage Services has received 259 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCarriage Services has received 222 “underperform” votes. (Add your “underperform” vote.)Community SentimentCarriage Services has received 53.85% “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 3.3 Dividend Strength Dividend LeadershipCarriage Services is a leading dividend payer. It pays a dividend yield of 1.51%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCarriage Services has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Carriage Services is 25.00 %. 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 14.63 % next year. This indicates that Carriage Services will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carriage Services insiders have sold 24.77% more of their company's stock than they have bought. Specifically, they have bought $307,544.00 in company stock and sold $383,711.00 in company stock.Percentage Held by InsidersOnly 11.80% of the stock of Carriage Services is held by insiders.Percentage Held by Institutions75.37% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Carriage Services are expected to grow by 46.43% in the coming year, from $1.40 to $2.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carriage Services is 94.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Carriage Services is 94.86, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 37.79.Price to Earnings Growth RatioCarriage Services has a PEG Ratio of 0.89. 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 1.57. 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: 3.3Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.73 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 Ratio2.40 Current Ratio1.38 Quick Ratio1.20Price-To-Earnings Trailing P/E Ratio94.86 Forward P/E Ratio14.23 P/E Growth0.89 Sales & Book Value Annual Sales$274.11 million Price / Sales1.30 Cash Flow$2.46 per share Price / Cash Flow8.10 Book Value$12.69 per share Price / Book1.57Profitability EPS (Most Recent Fiscal Year)$1.20 Net Income$14.53 million Net Margins1.35% Return on Equity9.71% Return on Assets2.10%Miscellaneous Employees2,797 Outstanding Shares17,873,000Market Cap$356.03 million Next Earnings Date7/29/2020 (Estimated) OptionableOptionable CSV Rates by TradingView 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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CSV shares have increased by 14.9% and is now trading at $19.92. View which stocks have been most impacted by Coronavirus. 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 Wednesday, July 29th 2020. View our earnings forecast for Carriage Services. How were Carriage Services' earnings last quarter? Carriage Services, Inc. (NYSE:CSV) issued its earnings results on Tuesday, May, 19th. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.34 by $0.01. The business earned $77.49 million during the quarter, compared to the consensus estimate of $68.85 million. Carriage Services had a net margin of 1.35% and a return on equity of 9.71%. 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 Monday, April 27th. Shareholders of record on Monday, May 11th will be given a dividend of $0.075 per share on Monday, June 1st. This represents a $0.30 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Friday, May 8th. 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, May, 19th. The company provided earnings per share guidance of 1.36-1.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.29. The company issued revenue guidance of $300-306 million, compared to the consensus revenue estimate of $289.84 million. What price target have analysts set for CSV? 2 equities research analysts have issued 12 month price targets for Carriage Services' shares. Their forecasts range from $30.00 to $30.00. On average, they expect Carriage Services' share price to reach $30.00 in the next twelve months. This suggests a possible upside of 50.6% from the stock's current price. View analysts' price targets for Carriage Services. Has Carriage Services been receiving favorable news coverage? Headlines about CSV stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. 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 daily sentiment score of -3.2 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutCarriage Services. Are investors shorting Carriage Services? Carriage Services saw a decline in short interest in May. As of May 15th, there was short interest totaling 504,100 shares, a decline of 23.7% from the April 30th total of 660,700 shares. Based on an average daily trading volume, of 199,200 shares, the days-to-cover ratio is currently 2.5 days. Currently, 3.1% of the company's shares are sold short. View Carriage Services' Current Options Chain. 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), Regis (RGS), Collectors Universe (CLCT), Capstar Financial (CSTR) 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 Service Co. International (SCI), Verizon Communications (VZ), AT&T (T), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Altria Group (MO), Cisco Systems (CSCO), Gilead Sciences (GILD), Tesla (TSLA) and Alibaba Group (BABA). 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.16%), Global Alpha Capital Management Ltd. (5.06%), State Street Corp (2.07%), Nuveen Asset Management LLC (1.85%), Nicholas Company Inc. (1.31%) and Geode Capital Management LLC (1.29%). 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, Mark R Bruce, 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 AJO LP, Morgan Stanley, Two Sigma Investments LP, Squarepoint Ops LLC, Acadian Asset Management LLC, BlackRock Inc., WINTON GROUP Ltd, and Stratos Wealth Partners LTD.. Company insiders that have sold Carriage Services company stock in the last year include Adeola Olaniyan, Carl Benjamin Brink, 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 bought by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Assenagon Asset Management S.A., Wedge Capital Management L L P NC, Nuveen Asset Management LLC, Teton Advisors Inc., Los Angeles Capital Management & Equity Research Inc., Geode Capital Management LLC, and Dean Capital Management. 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 $19.92. How big of a company is Carriage Services? Carriage Services has a market capitalization of $356.03 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 6/5/2020 by MarketBeat.com Staff
