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

Carriage Services (NYSE:CSV) updated 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 $435.0 million-$445.0 million, compared to the consensus revenue estimate of $442.6 million.

Carriage Services Price Performance

Shares of NYSE CSV traded up $0.67 during mid-day trading on Wednesday, reaching $41.18. The company’s stock had a trading volume of 151,741 shares, compared to its average volume of 107,903. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.15 and a quick ratio of 0.99. Carriage Services has a 52 week low of $36.39 and a 52 week high of $52.10. The stock has a fifty day moving average of $38.94 and a two-hundred day moving average of $42.77. The firm has a market capitalization of $653.66 million, a PE ratio of 14.92, a P/E/G ratio of 0.78 and a beta of 0.84.

Carriage Services (NYSE:CSV) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.01. The business had revenue of $106.12 million during the quarter, compared to the consensus estimate of $111.39 million. Carriage Services had a return on equity of 19.78% and a net margin of 10.58%. As a group, sell-side analysts anticipate that Carriage Services will post 3.46 EPS for the current fiscal year.

Carriage Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 3rd will be paid a dividend of $0.1125 per share. This represents a $0.45 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, August 3rd. Carriage Services’s dividend payout ratio (DPR) is presently 16.30%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Weiss Ratings downgraded shares of Carriage Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 23rd. Barrington Research restated an “outperform” rating and set a $60.00 price target on shares of Carriage Services in a report on Monday, April 27th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Carriage Services currently has an average rating of “Moderate Buy” and a consensus price target of $61.67.

Institutional Investors Weigh In On Carriage Services

Several institutional investors have recently modified their holdings of the stock. Verition Fund Management LLC lifted its position in Carriage Services by 30.9% in the fourth quarter. Verition Fund Management LLC now owns 7,078 shares of the company’s stock worth $299,000 after buying an additional 1,671 shares during the last quarter. Creative Planning boosted its position in shares of Carriage Services by 26.7% during the third quarter. Creative Planning now owns 5,551 shares of the company’s stock valued at $247,000 after buying an additional 1,171 shares during the period. The Manufacturers Life Insurance Company bought a new stake in shares of Carriage Services during the 2nd quarter worth approximately $237,000. XTX Topco Ltd bought a new stake in shares of Carriage Services during the fourth quarter worth $206,000. Finally, Royal Bank of Canada grew its holdings in shares of Carriage Services by 19.5% in the fourth quarter. Royal Bank of Canada now owns 4,026 shares of the company’s stock worth $171,000 after purchasing an additional 656 shares during the last quarter. 66.46% of the stock is owned by institutional investors.

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.