Carriage Services, Inc. (NYSE:CSV) Receives Average Rating of “Moderate Buy” from Brokerages

Carriage Services, Inc. (NYSE:CSV) has been given an average rating of “Moderate Buy” by the six analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $59.00.

Several analysts have commented on the stock. Barrington Research reaffirmed an “outperform” rating and issued a $60.00 target price on shares of Carriage Services in a research note on Tuesday, February 17th. Weiss Ratings restated a “buy (b)” rating on shares of Carriage Services in a report on Monday, December 29th.

Carriage Services Stock Performance

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

Carriage Services (NYSE:CSV) last posted its quarterly earnings data 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). The firm had revenue of $105.48 million during the quarter, compared to analyst estimates 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. On average, equities analysts anticipate that Carriage Services will post 2.5 earnings per share for the current year.

Carriage Services Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Millennium Management LLC lifted its holdings in shares of Carriage Services by 597.1% during the 4th quarter. Millennium Management LLC now owns 136,149 shares of the company’s stock worth $5,759,000 after acquiring an additional 116,617 shares during the period. Assenagon Asset Management S.A. acquired a new position in Carriage Services during the third quarter worth approximately $3,870,000. Punch & Associates Investment Management Inc. increased its position in Carriage Services by 59.3% during the third quarter. Punch & Associates Investment Management Inc. now owns 211,425 shares of the company’s stock worth $9,417,000 after purchasing an additional 78,730 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Carriage Services by 12.5% during the second quarter. Ameriprise Financial Inc. now owns 477,238 shares of the company’s stock worth $21,829,000 after purchasing an additional 52,889 shares during the period. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Carriage Services by 64.0% in the 3rd quarter. Qube Research & Technologies Ltd now owns 134,440 shares of the company’s stock valued at $5,988,000 after purchasing an additional 52,444 shares during the last quarter. Institutional investors and hedge funds own 66.46% of the company’s stock.

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.