Carriage Services (NYSE:CSV) Given Outperform Rating at Barrington Research

Barrington Research reissued their outperform rating on shares of Carriage Services (NYSE:CSV) in a report published on Friday morning,Benzinga reports. They currently have a $60.00 target price on the stock. Barrington Research also issued estimates for Carriage Services’ Q4 2025 earnings at $0.83 EPS and FY2026 earnings at $3.57 EPS.

Other equities analysts have also issued reports about the company. B. Riley reaffirmed a “buy” rating and set a $65.00 target price (up from $52.00) on shares of Carriage Services in a research report on Friday, August 8th. Raymond James Financial assumed coverage on shares of Carriage Services in a report on Wednesday, October 1st. They set an “outperform” rating and a $60.00 price objective on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Carriage Services in a report on Wednesday, October 8th. Finally, Zacks Research downgraded shares of Carriage Services from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.00.

Carriage Services Stock Down 1.7%

Shares of CSV stock traded down $0.71 on Friday, reaching $41.10. 97,128 shares of the company were exchanged, compared to its average volume of 109,947. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.06 and a quick ratio of 0.90. The company has a 50-day moving average of $44.25 and a 200-day moving average of $44.30. The company has a market cap of $645.25 million, a price-to-earnings ratio of 12.34, a PEG ratio of 0.89 and a beta of 0.92. Carriage Services has a one year low of $35.51 and a one year high of $49.41.

Carriage Services (NYSE:CSV) last issued its earnings results on Wednesday, November 5th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.03. Carriage Services had a return on equity of 21.63% and a net margin of 12.85%.The business had revenue of $102.74 million during the quarter, compared to analyst estimates of $100.96 million. Carriage Services has set its FY 2025 guidance at 3.250-3.300 EPS. Analysts anticipate that Carriage Services will post 2.5 earnings per share for the current year.

Carriage Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 3rd will be given a dividend of $0.1125 per share. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, November 3rd. Carriage Services’s dividend payout ratio (DPR) is presently 13.51%.

Insider Transactions at Carriage Services

In other Carriage Services news, VP Shane Pudenz sold 13,027 shares of the company’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $44.36, for a total value of $577,877.72. Following the completion of the sale, the vice president directly owned 14,930 shares of the company’s stock, valued at approximately $662,294.80. This represents a 46.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On Carriage Services

Large investors have recently modified their holdings of the stock. Jones Financial Companies Lllp raised its holdings in shares of Carriage Services by 1,736.0% in the 1st quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock worth $36,000 after purchasing an additional 868 shares during the period. State of Alaska Department of Revenue purchased a new stake in Carriage Services in the third quarter worth $37,000. New York State Teachers Retirement System bought a new stake in shares of Carriage Services in the first quarter valued at $48,000. Ameritas Investment Partners Inc. increased its holdings in Carriage Services by 22.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,450 shares of the company’s stock worth $66,000 after acquiring an additional 262 shares during the last quarter. Finally, Simplex Trading LLC increased its holdings in Carriage Services by 408.7% in the 2nd quarter. Simplex Trading LLC now owns 1,526 shares of the company’s stock worth $69,000 after acquiring an additional 1,226 shares during the last quarter. Hedge funds and other institutional investors own 66.46% of the company’s stock.

Carriage Services Company Profile

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.