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

Shares of Carriage Services, Inc. (NYSE:CSV) have been assigned an average recommendation of “Moderate Buy” from the five analysts that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $61.6667.

CSV has been the topic of a number of recent analyst reports. Weiss Ratings cut Carriage Services from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 22nd. Barrington Research reiterated an “outperform” rating and set a $60.00 price objective on shares of Carriage Services in a report on Monday, April 27th.

Hedge Funds Weigh In On Carriage Services

Institutional investors have recently modified their holdings of the business. Axxcess Wealth Management LLC lifted its holdings in shares of Carriage Services by 42.5% during the 3rd quarter. Axxcess Wealth Management LLC now owns 45,964 shares of the company’s stock valued at $2,047,000 after purchasing an additional 13,703 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Carriage Services by 25.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 121,273 shares of the company’s stock valued at $5,401,000 after purchasing an additional 24,752 shares in the last quarter. MQS Management LLC bought a new position in shares of Carriage Services during the 3rd quarter valued at about $742,000. North Star Investment Management Corp. bought a new position in shares of Carriage Services during the 4th quarter valued at about $550,000. Finally, Navellier & Associates Inc. lifted its holdings in shares of Carriage Services by 88.2% during the 3rd quarter. Navellier & Associates Inc. now owns 26,932 shares of the company’s stock valued at $1,200,000 after purchasing an additional 12,621 shares in the last quarter. Institutional investors own 66.46% of the company’s stock.

Carriage Services Price Performance

Shares of CSV opened at $37.83 on Tuesday. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.99. Carriage Services has a 1 year low of $37.11 and a 1 year high of $52.10. The stock has a market cap of $600.36 million, a P/E ratio of 13.71, a price-to-earnings-growth ratio of 0.72 and a beta of 0.83. The stock’s 50-day moving average price is $45.27 and its two-hundred day moving average price is $43.90.

Carriage Services (NYSE:CSV) last issued its earnings results on Wednesday, May 6th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.01. Carriage Services had a return on equity of 19.78% and a net margin of 10.58%.The firm had revenue of $106.12 million for the quarter, compared to analysts’ expectations of $111.39 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. On average, equities analysts predict that Carriage Services will post 3.45 earnings per share for the current year.

Carriage Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 4th were issued a dividend of $0.1125 per share. This represents a $0.45 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Monday, May 4th. Carriage Services’s payout ratio is 16.30%.

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.