Carriage Services (NYSE:CSV) Issues FY 2026 Earnings Guidance

Carriage Services (NYSE:CSV) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.350-3.550 for the period, compared to the consensus estimate of 3.450. The company issued revenue guidance of $440.0 million-$450.0 million, compared to the consensus revenue estimate of $428.7 million.

Carriage Services Trading Down 0.8%

Shares of CSV traded down $0.34 during mid-day trading on Wednesday, reaching $44.18. 51,583 shares of the company were exchanged, compared to its average volume of 84,932. The business has a 50 day simple moving average of $43.24 and a two-hundred day simple moving average of $43.66. 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 stock has a market capitalization of $695.39 million, a PE ratio of 14.21, a PEG ratio of 0.85 and a beta of 0.95. Carriage Services has a 52 week low of $35.51 and a 52 week high of $49.41.

Carriage Services (NYSE:CSV) last released its earnings results on Wednesday, February 25th. The company reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.05). Carriage Services had a net margin of 11.98% and a return on equity of 21.39%. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. On average, analysts predict that Carriage Services will post 2.5 earnings per share for the current fiscal year.

Carriage Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Monday, February 2nd will be given a dividend of $0.1125 per share. 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 dividend payout ratio is 14.47%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Carriage Services in a report on Monday, December 29th. Barrington Research reissued an “outperform” rating and issued a $60.00 price objective on shares of Carriage Services in a research report on Tuesday, February 17th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Carriage Services currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.00.

Hedge Funds Weigh In On Carriage Services

Institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. boosted its position in shares of Carriage Services by 3.0% in the second quarter. Russell Investments Group Ltd. now owns 8,833 shares of the company’s stock valued at $404,000 after acquiring an additional 258 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Carriage Services by 4.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,090 shares of the company’s stock worth $313,000 after purchasing an additional 312 shares during the last quarter. Prudential Financial Inc. lifted its position in Carriage Services by 3.0% during the second quarter. Prudential Financial Inc. now owns 11,245 shares of the company’s stock valued at $514,000 after purchasing an additional 330 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Carriage Services by 4.3% in the 4th quarter. AQR Capital Management LLC now owns 10,775 shares of the company’s stock worth $456,000 after buying an additional 446 shares during the last quarter. Finally, Verition Fund Management LLC raised its position in shares of Carriage Services by 11.3% during the 3rd quarter. Verition Fund Management LLC now owns 5,407 shares of the company’s stock valued at $241,000 after buying an additional 548 shares in the last quarter. Institutional investors and hedge funds own 66.46% of the company’s stock.

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.