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

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

Several analysts have recently commented on the company. Barrington Research restated an “outperform” rating and set a $60.00 target price on shares of Carriage Services in a report on Monday, April 27th. Weiss Ratings upgraded Carriage Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 8th.

Carriage Services Stock Performance

Carriage Services stock opened at $43.92 on Friday. 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 has a fifty day moving average price of $45.70 and a two-hundred day moving average price of $44.01. Carriage Services has a 52-week low of $39.88 and a 52-week high of $52.10. The firm has a market capitalization of $696.95 million, a P/E ratio of 15.91, a P/E/G ratio of 0.85 and a beta of 0.90.

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

Carriage Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 4th will be issued a dividend of $0.1125 per share. This represents a $0.45 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, May 4th. Carriage Services’s dividend payout ratio is presently 16.30%.

Institutional Trading of Carriage Services

Several large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd bought a new position in Carriage Services in the third quarter valued at about $29,000. PNC Financial Services Group Inc. boosted its holdings in Carriage Services by 50.8% in the first quarter. PNC Financial Services Group Inc. now owns 784 shares of the company’s stock valued at $36,000 after acquiring an additional 264 shares during the last quarter. State of Alaska Department of Revenue bought a new position in Carriage Services in the third quarter valued at about $37,000. Jones Financial Companies Lllp boosted its holdings in Carriage Services by 1,736.0% in the first quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock valued at $36,000 after acquiring an additional 868 shares during the last quarter. Finally, Quarry LP bought a new position in Carriage Services in the third quarter valued at about $51,000. 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.