Carriage Services (NYSE:CSV) posted its quarterly earnings results on Wednesday. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01, Bloomberg Earnings reports. Carriage Services had a return on equity of 13.27% and a net margin of 14.41%. The business had revenue of $73.39 million during the quarter, compared to analysts’ expectations of $76.54 million.

Shares of NYSE:CSV opened at $27.57 on Thursday. Carriage Services has a 12-month low of $23.15 and a 12-month high of $28.96. The company has a market cap of $456.79, a PE ratio of 19.83, a PEG ratio of 0.93 and a beta of 0.65. The company has a debt-to-equity ratio of 1.74, a current ratio of 0.71 and a quick ratio of 0.55.

In other news, Director James Raymond Schenck acquired 1,000 shares of Carriage Services stock in a transaction dated Monday, February 26th. The stock was bought at an average price of $27.79 per share, for a total transaction of $27,790.00. Following the completion of the acquisition, the director now directly owns 6,061 shares in the company, valued at approximately $168,435.19. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Barry K. Fingerhut acquired 2,500 shares of Carriage Services stock in a transaction dated Friday, February 23rd. The shares were purchased at an average price of $27.50 per share, with a total value of $68,750.00. Following the acquisition, the director now owns 2,500 shares of the company’s stock, valued at $68,750. The disclosure for this purchase can be found here. Insiders own 13.60% of the company’s stock.

A number of equities research analysts have recently issued reports on CSV shares. Zacks Investment Research cut Carriage Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 17th. Barrington Research restated an “outperform” rating and set a $32.00 price objective (up previously from $30.00) on shares of Carriage Services in a report on Thursday, February 15th.

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About Carriage Services

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.

Earnings History for Carriage Services (NYSE:CSV)

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