Carriage Services (CSV) Stock Price, News & Analysis

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. The consensus among Wall Street analysts is that investors should "buy" CSV shares.
View CSV analyst ratings or view top-rated stocks.

1 analysts have issued 12 month price targets for Carriage Services' stock. Their CSV share price targets range from $38.00 to $38.00. On average, they predict the company's stock price to reach $38.00 in the next year. This suggests a possible upside of 59.0% from the stock's current price.
View analysts price targets for CSV or view top-rated stocks among Wall Street analysts.

Carriage Services' stock was trading at $25.01 at the start of the year. Since then, CSV shares have decreased by 4.4% and is now trading at $23.90.
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Carriage Services saw a drop in short interest in March. As of March 31st, there was short interest totaling 265,900 shares, a drop of 8.8% from the March 15th total of 291,700 shares. Based on an average daily trading volume, of 93,500 shares, the days-to-cover ratio is currently 2.8 days. Currently, 2.0% of the company's shares are sold short.
View Carriage Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our CSV earnings forecast.

Carriage Services will be holding an earnings conference call on Thursday, May 2nd at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Carriage Services, Inc. (NYSE:CSV) issued its quarterly earnings data on Wednesday, February, 21st. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.49 by $0.28. The company earned $98.83 million during the quarter, compared to the consensus estimate of $93.27 million. Carriage Services had a trailing twelve-month return on equity of 21.39% and a net margin of 8.73%.

Carriage Services declared a quarterly dividend on Thursday, January 18th. Investors of record on Monday, February 5th will be paid a dividend of $0.1125 per share on Friday, March 1st. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Friday, February 2nd.
Read our dividend analysis for CSV.

Carriage Services (NYSE:CSV) pays an annual dividend of $0.45 per share and currently has a dividend yield of 1.93%. The dividend payout ratio is 20.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSV will have a dividend payout ratio of 17.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CSV.

Carriage Services issued an update on its FY 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of 2.200-2.300 for the period, compared to the consensus earnings per share estimate of 2.300. The company issued revenue guidance of $380.0 million-$390.0 million, compared to the consensus revenue estimate of $386.0 million.

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.

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).

Carriage Services' stock is owned by many different retail and institutional investors. Top institutional investors include Sanders Morris Harris LLC (0.11%). Insiders that own company stock include Adeola Olaniyan, Carl Benjamin Brink, Carlos R Quezada, Carlos R Quezada, Charles Fargason, Christopher Manceaux, Kathryn Housh Shirley, Melvin C Payne, Paul Donald Elliott, Robbie Pape, Shane Pudenz, Shawn R Phillips and Steven D Metzger.
View institutional ownership trends.

Shares of CSV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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