Carriage Services, Inc. (NYSE:CSV) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Carriage Services, Inc. (NYSE:CSV) have received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $59.00.

A number of brokerages have recently weighed in on CSV. Barrington Research restated an “outperform” rating and issued a $60.00 price target on shares of Carriage Services in a research report on Tuesday, February 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Carriage Services in a research report on Monday, December 29th.

Institutional Investors Weigh In On Carriage Services

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd purchased a new position in Carriage Services during the third quarter worth $29,000. Jones Financial Companies Lllp lifted its position in shares of 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 acquiring an additional 868 shares in the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of Carriage Services in the third quarter valued at $37,000. Quarry LP acquired a new stake in shares of Carriage Services during the third quarter valued at $51,000. Finally, Ameritas Investment Partners Inc. boosted its stake in shares of Carriage Services by 22.1% during the second quarter. Ameritas Investment Partners Inc. now owns 1,450 shares of the company’s stock valued at $66,000 after acquiring an additional 262 shares during the last quarter. Hedge funds and other institutional investors own 66.46% of the company’s stock.

Carriage Services Price Performance

Shares of NYSE:CSV opened at $44.10 on Thursday. The business’s 50 day simple moving average is $43.51 and its 200-day simple moving average is $43.45. The firm has a market capitalization of $694.58 million, a price-to-earnings ratio of 13.53, a price-to-earnings-growth ratio of 0.84 and a beta of 0.94. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.98 and a quick ratio of 0.84. Carriage Services has a 12 month low of $35.51 and a 12 month high of $49.41.

Carriage Services (NYSE:CSV) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.05). The firm had revenue of $105.48 million during the quarter, compared to analysts’ expectations of $103.50 million. Carriage Services had a net margin of 12.34% and a return on equity of 21.22%. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. As a group, equities analysts forecast that Carriage Services will post 2.5 earnings per share for the current fiscal year.

Carriage Services Announces Dividend

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

About Carriage Services

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.