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NYSE:CSV

Carriage Services (CSV) Stock Price, News & Analysis

$26.72
+0.24 (+0.91%)
(As of 05/24/2024 07:00 PM ET)
Today's Range
$26.37
$26.81
50-Day Range
$23.32
$27.04
52-Week Range
$18.06
$35.59
Volume
95,700 shs
Average Volume
99,232 shs
Market Capitalization
$405.08 million
P/E Ratio
13.16
Dividend Yield
1.68%
Price Target
$35.00

Carriage Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
31.0% Upside
$35.00 Price Target
Short Interest
Healthy
1.90% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$439,018 Sold Last Quarter
Proj. Earnings Growth
13.27%
From $2.26 to $2.56 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.69 out of 5 stars

Consumer Staples Sector

11th out of 132 stocks

Personal Services Industry

1st out of 10 stocks

CSV stock logo

About Carriage Services Stock (NYSE:CSV)

Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates in two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation services; funeral home facilities for visitation and memorial services; transportation services; removal and preparation of remains; sale of caskets and urns; cremation services; and related funeral merchandise. The Cemetery Operations segment sells interment rights for grave sites, lawn crypts, mausoleum spaces, and niches; related cemetery merchandise, including memorial markers, outer burial containers, and monuments; and interments, inurnments, and installation of cemetery merchandise services. Carriage Services, Inc. was founded in 1991 and is based in Houston, Texas.

CSV Stock Price History

CSV Stock News Headlines

Don't Panic. 3 Stocks to Own When Things Get Ugly
Carriage Q1 2024 Earnings Preview
Carriage Services Declares Quarterly Cash Dividend
Carriage Services, Inc.
CSV Apr 2024 15.000 call
Major Crime Unit takes over search for missing Norfolk man
Q4 2023 Carriage Services Inc Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 3/1 Dividend
2/02/2024
Dividend Payable
3/01/2024
Last Earnings
5/01/2024
Ex-Dividend for 6/3 Dividend
5/03/2024
Today
5/27/2024
Dividend Payable
6/03/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Personal services
Sub-Industry
Specialized Consumer Services
CUSIP
14390510
Employees
2,602
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$35.00
High Stock Price Target
$38.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+31.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$33.41 million
Pretax Margin
11.47%

Debt

Sales & Book Value

Annual Sales
$382.52 million
Cash Flow
$3.90 per share
Book Value
$11.75 per share

Miscellaneous

Free Float
13,451,000
Market Cap
$405.08 million
Optionable
Optionable
Beta
0.87
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CSV Stock Analysis - Frequently Asked Questions

Should I buy or sell Carriage Services stock right now?

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. 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 target for 2024?

2 equities research analysts have issued 1 year price objectives for Carriage Services' stock. Their CSV share price targets range from $32.00 to $38.00. On average, they predict the company's share price to reach $35.00 in the next twelve months. This suggests a possible upside of 31.0% 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 2024?

Carriage Services' stock was trading at $25.01 on January 1st, 2024. Since then, CSV shares have increased by 6.8% and is now trading at $26.72.
View the best growth stocks for 2024 here
.

When is Carriage Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our CSV earnings forecast
.

How were Carriage Services' earnings last quarter?

Carriage Services, Inc. (NYSE:CSV) released its quarterly earnings data on Wednesday, May, 1st. The company reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.16. The company earned $103.49 million during the quarter, compared to the consensus estimate of $98.17 million. Carriage Services had a net margin of 8.08% and a trailing twelve-month return on equity of 22.04%. During the same period in the prior year, the firm posted $0.56 EPS.

How often does Carriage Services pay dividends? What is the dividend yield for Carriage Services?

Carriage Services announced a quarterly dividend on Thursday, April 18th. Investors of record on Monday, May 6th will be given a dividend of $0.1125 per share on Monday, June 3rd. This represents a $0.45 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Friday, May 3rd.
Read our dividend analysis for CSV
.

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 1.68%. The dividend payout ratio is 22.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CSV will have a dividend payout ratio of 17.58% 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 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of 2.200-2.300 for the period, compared to the consensus estimate of 2.260. The company issued revenue guidance of $380.0 million-$390.0 million, compared to the consensus revenue estimate of $385.6 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).

Who are Carriage Services' major shareholders?

Carriage Services' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.79%), LSV Asset Management (3.08%), Heartland Advisors Inc. (2.26%), Kennedy Capital Management LLC (0.74%), BNP Paribas Financial Markets (0.58%) and Jacobs Levy Equity Management Inc. (0.52%). Insiders that own company stock include Adeola Olaniyan, Carl Benjamin Brink, Carlos R Quezada, Charles Fargason, Christopher Manceaux, Melvin C Payne, Paul Donald Elliott, Robbie Pape, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CSV) was last updated on 5/27/2024 by MarketBeat.com Staff

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