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

Carriage Services (NYSE:CSV) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.350-3.550 for the period, compared to the consensus earnings per share estimate of 3.430. The company issued revenue guidance of $440.0 million-$450.0 million, compared to the consensus revenue estimate of $443.4 million.

Analyst Ratings Changes

A number of research firms recently weighed in on CSV. Barrington Research reaffirmed an “outperform” rating and issued a $60.00 price objective on shares of Carriage Services in a research note on Monday, April 27th. Weiss Ratings lowered shares of Carriage Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $61.67.

Carriage Services Stock Up 2.2%

Shares of CSV stock traded up $0.97 during mid-day trading on Friday, hitting $45.57. 17,748 shares of the stock traded hands, compared to its average volume of 94,269. The stock has a market cap of $717.69 million, a P/E ratio of 16.51, a P/E/G ratio of 0.91 and a beta of 0.90. The stock’s fifty day moving average is $45.85 and its two-hundred day moving average is $44.07. Carriage Services has a 52-week low of $39.88 and a 52-week high of $52.10. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.98 and a quick ratio of 0.84.

Carriage Services (NYSE:CSV) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.85 by $0.01. The business had revenue of $106.12 million during the quarter, compared to analyst estimates of $111.39 million. Carriage Services had a net margin of 10.58% and a return on equity of 20.24%. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. Equities analysts predict that Carriage Services will post 3.42 EPS for the current year.

Carriage Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 4th will be given a $0.1125 dividend. This represents a $0.45 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, May 4th. Carriage Services’s dividend payout ratio (DPR) is presently 16.30%.

Hedge Funds Weigh In On Carriage Services

Several hedge funds and other institutional investors have recently modified their holdings of CSV. Caitong International Asset Management Co. Ltd purchased a new position in shares of Carriage Services in the 3rd quarter valued at approximately $29,000. Jones Financial Companies Lllp raised its position in shares of Carriage Services by 1,736.0% in 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. Quarry LP purchased a new position in shares of Carriage Services in the 3rd quarter valued at approximately $51,000. Raymond James Financial Inc. purchased a new position in shares of Carriage Services in the 2nd quarter valued at approximately $71,000. Finally, Tower Research Capital LLC TRC raised its position in shares of Carriage Services by 159.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,750 shares of the company’s stock valued at $80,000 after purchasing an additional 1,075 shares during the last quarter. 66.46% of the stock is owned by hedge funds and other institutional investors.

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.