Carriage Services, Inc. (NYSE:CSV) Given Average Rating of “Moderate Buy” by Analysts

Shares of Carriage Services, Inc. (NYSE:CSVGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $59.00.

CSV has been the subject of several analyst reports. Barrington Research reaffirmed an “outperform” rating and issued a $60.00 price objective on shares of Carriage Services in a report on Tuesday, February 17th. Weiss Ratings restated a “buy (b)” rating on shares of Carriage Services in a research report on Monday, December 29th.

View Our Latest Analysis on Carriage Services

Carriage Services Price Performance

NYSE:CSV opened at $46.17 on Friday. Carriage Services has a 52 week low of $35.51 and a 52 week high of $49.41. The company has a debt-to-equity ratio of 2.23, a quick ratio of 0.75 and a current ratio of 0.88. The firm’s 50-day simple moving average is $43.35 and its 200 day simple moving average is $43.63. The firm has a market cap of $726.76 million, a price-to-earnings ratio of 14.16, a P/E/G ratio of 0.89 and a beta of 0.95.

Carriage Services (NYSE:CSVGet Free Report) last announced its earnings results on Wednesday, February 25th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.05). Carriage Services had a return on equity of 21.70% and a net margin of 12.34%.The business had revenue of $105.48 million for the quarter, compared to the consensus estimate of $103.50 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. As a group, sell-side analysts predict that Carriage Services will post 2.5 earnings per share for the current year.

Carriage Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 2nd will be given a $0.1125 dividend. The ex-dividend date is Monday, February 2nd. This represents a $0.45 annualized dividend and a dividend yield of 1.0%. Carriage Services’s payout ratio is presently 13.80%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Carriage Services in the 3rd quarter valued at $29,000. Jones Financial Companies Lllp boosted its stake in Carriage Services by 1,736.0% in the first quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock valued at $36,000 after buying an additional 868 shares in the last quarter. State of Alaska Department of Revenue bought a new position in Carriage Services in the third quarter valued at about $37,000. Quarry LP acquired a new position in Carriage Services during the third quarter worth about $51,000. Finally, Ameritas Investment Partners Inc. raised its stake in Carriage Services by 22.1% during the second quarter. Ameritas Investment Partners Inc. now owns 1,450 shares of the company’s stock worth $66,000 after acquiring an additional 262 shares in the last quarter. 66.46% of the stock is currently owned by institutional investors and hedge funds.

About Carriage Services

(Get Free Report)

Carriage Services, Inc operates as a leading provider of funeral, cemetery and cremation services in the United States. The company owns and operates a network of funeral homes, cemeteries, crematories and related service facilities, offering a comprehensive suite of end-of-life services. Its portfolio encompasses traditional funeral services, memorials, graveside burials, mausoleum entombment and direct cremation options, alongside personalized tributes and reception arrangements.

In addition to standard funeral and cemetery offerings, Carriage Services provides pre-arrangement planning and financing solutions designed to ease the administrative and financial burden on grieving families.

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Analyst Recommendations for Carriage Services (NYSE:CSV)

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