Carriage Services (NYSE:CSV) Announces Quarterly Earnings Results, Misses Estimates By $0.05 EPS

Carriage Services (NYSE:CSV) posted its quarterly earnings results on Wednesday. The company reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.05), Zacks reports. Carriage Services had a return on equity of 21.39% and a net margin of 11.98%. Carriage Services updated its FY 2026 guidance to 3.350-3.550 EPS.

Carriage Services Trading Down 0.8%

Shares of NYSE CSV traded down $0.34 during mid-day trading on Wednesday, reaching $44.18. 51,583 shares of the company’s stock were exchanged, compared to its average volume of 84,932. The company’s 50-day moving average is $43.24 and its 200-day moving average is $43.66. 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 has a market capitalization of $695.39 million, a price-to-earnings ratio of 14.21, a PEG ratio of 0.85 and a beta of 0.95.

Carriage Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Monday, February 2nd will be paid a dividend of $0.1125 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $0.45 annualized dividend and a yield of 1.0%. Carriage Services’s dividend payout ratio (DPR) is 14.47%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Carriage Services in a research report on Monday, December 29th. Barrington Research reaffirmed an “outperform” rating and set a $60.00 target price on shares of Carriage Services in a research note on Tuesday, February 17th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $59.00.

Institutional Trading of Carriage Services

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Carriage Services in the third quarter valued at $29,000. Jones Financial Companies Lllp boosted 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 valued at $36,000 after buying an additional 868 shares in the last quarter. Quarry LP acquired a new position in Carriage Services during the third quarter worth approximately $51,000. Raymond James Financial Inc. purchased a new stake in shares of Carriage Services in the second quarter valued at about $71,000. Finally, Tower Research Capital LLC TRC raised its position in Carriage Services by 159.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,750 shares of the company’s stock worth $80,000 after buying an additional 1,075 shares during the last quarter. 66.46% of the stock is currently owned by hedge funds and other institutional investors.

Carriage Services Company Profile

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.