Carriage Services (NYSE:CSV) Stock Price Passes Below 50-Day Moving Average – What’s Next?

Carriage Services, Inc. (NYSE:CSV) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $45.82 and traded as low as $40.42. Carriage Services shares last traded at $40.5090, with a volume of 104,614 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have issued reports on CSV shares. Weiss Ratings lowered shares of Carriage Services from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. Barrington Research reiterated an “outperform” rating and set a $60.00 target price on shares of Carriage Services in a report on Monday, April 27th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $61.67.

Carriage Services Stock Down 1.7%

The firm has a market cap of $642.96 million, a P/E ratio of 14.68, a P/E/G ratio of 0.79 and a beta of 0.90. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.15 and a quick ratio of 0.99. The stock’s 50 day simple moving average is $45.82 and its two-hundred day simple moving average is $44.02.

Carriage Services (NYSE:CSV) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.01. Carriage Services had a net margin of 10.58% and a return on equity of 19.78%. The company had revenue of $106.12 million during the quarter, compared to the consensus estimate of $111.39 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. As a group, research analysts forecast that Carriage Services, Inc. will post 3.45 earnings per share for the current year.

Carriage Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 4th were paid a dividend of $0.1125 per share. This represents a $0.45 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Monday, May 4th. Carriage Services’s dividend payout ratio (DPR) is currently 16.30%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CSV. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Carriage Services by 4.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,090 shares of the company’s stock worth $313,000 after acquiring an additional 312 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Carriage Services by 1,736.0% during the 1st quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock valued at $36,000 after purchasing an additional 868 shares during the last quarter. Jane Street Group LLC bought a new position in Carriage Services during the 1st quarter valued at about $689,000. Creative Planning purchased a new stake in Carriage Services in the 2nd quarter valued at about $200,000. Finally, Rhumbline Advisers boosted its position in Carriage Services by 8.2% in the 2nd quarter. Rhumbline Advisers now owns 21,856 shares of the company’s stock valued at $1,000,000 after buying an additional 1,654 shares during the period. Hedge funds and other institutional investors 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.