Carriage Services (NYSE:CSV) Sets New 12-Month Low – What’s Next?

Carriage Services, Inc. (NYSE:CSV) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $35.75 and last traded at $36.9550, with a volume of 434776 shares changing hands. The stock had previously closed at $41.40.

Trending Headlines about Carriage Services

Here are the key news stories impacting Carriage Services this week:

• Positive Sentiment: Second-quarter earnings per share increased to $0.78 from $0.74 a year earlier, indicating continued profit growth. Management also confirmed full-year 2026 EPS guidance with a midpoint of $3.45, in line with the consensus estimate. Carriage Services Announces Second Quarter 2026 Results
• Neutral Sentiment: Carriage Services provided full-year revenue guidance of $435 million to $445 million, with a midpoint of $440 million versus analysts’ $442.6 million estimate. The company held its earnings call on August 6 to discuss the results and outlook. Carriage Services Q2 2026 Earnings Call Transcript
• Negative Sentiment: Second-quarter EPS of $0.78 missed the $0.82 consensus estimate, while revenue of $102.95 million was below analysts’ $108.91 million forecast. The simultaneous earnings and sales misses likely intensified investor concerns about near-term operating performance. Carriage Services Misses Q2 Earnings and Revenue Estimates
• Negative Sentiment: The revenue shortfall was approximately 5.5% below expectations, making the sales miss the clearest negative catalyst in the reported results. Carriage Services Misses Q2 Sales Expectations

Analyst Upgrades and Downgrades

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 Monday, April 27th. Weiss Ratings lowered Carriage Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $61.67.

Carriage Services Stock Performance

The company has a market cap of $586.48 million, a price-to-earnings ratio of 13.25, a P/E/G ratio of 0.80 and a beta of 0.84. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.99. The stock’s 50 day moving average price is $38.79 and its 200 day moving average price is $42.70.

Carriage Services (NYSE:CSV) last released its earnings results on Wednesday, August 5th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). Carriage Services had a net margin of 10.69% and a return on equity of 19.70%. The company had revenue of $102.95 million during the quarter, compared to analysts’ expectations of $108.91 million. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. On average, analysts expect that Carriage Services, Inc. will post 3.46 EPS for the current fiscal year.

Carriage Services Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 3rd will be issued a $0.1125 dividend. This represents a $0.45 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Monday, August 3rd. Carriage Services’s dividend payout ratio (DPR) is 16.30%.

Institutional Trading of Carriage Services

Institutional investors and hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in Carriage Services in the third quarter valued at $29,000. PNC Financial Services Group Inc. increased its stake in Carriage Services by 50.8% during the first quarter. PNC Financial Services Group Inc. now owns 784 shares of the company’s stock worth $36,000 after acquiring an additional 264 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Carriage Services by 1,736.0% during the first quarter. Jones Financial Companies Lllp now owns 918 shares of the company’s stock worth $36,000 after acquiring an additional 868 shares during the last quarter. Optiver Holding B.V. raised its holdings in shares of Carriage Services by 2,195.1% in the 1st quarter. Optiver Holding B.V. now owns 941 shares of the company’s stock worth $43,000 after purchasing an additional 900 shares during the period. Finally, Quarry LP purchased a new position in shares of Carriage Services in the 3rd quarter worth about $51,000. 66.46% of the stock is currently owned by institutional investors and hedge funds.

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.