Carriage Services’ (CSV) Outperform Rating Reiterated at Barrington Research

Barrington Research reissued their outperform rating on shares of Carriage Services (NYSE:CSV) in a research note released on Friday morning,Benzinga reports. They currently have a $60.00 price objective on the stock. Barrington Research also issued estimates for Carriage Services’ Q4 2025 earnings at $0.83 EPS and FY2026 earnings at $3.57 EPS.

Other equities analysts have also issued research reports about the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Carriage Services in a research note on Wednesday, October 8th. Raymond James Financial began coverage on Carriage Services in a report on Wednesday, October 1st. They issued an “outperform” rating and a $60.00 price target on the stock. Zacks Research downgraded Carriage Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, B. Riley reaffirmed a “buy” rating and set a $65.00 price objective (up from $52.00) on shares of Carriage Services in a report on Friday, August 8th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $59.00.

Carriage Services Stock Down 1.7%

Shares of CSV stock opened at $41.10 on Friday. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.06 and a quick ratio of 0.90. Carriage Services has a one year low of $35.51 and a one year high of $49.41. The company’s fifty day moving average price is $44.25 and its 200-day moving average price is $44.36. The company has a market capitalization of $645.25 million, a price-to-earnings ratio of 12.34, a PEG ratio of 0.89 and a beta of 0.92.

Carriage Services (NYSE:CSV) last issued its earnings results on Wednesday, November 5th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.03. Carriage Services had a net margin of 12.85% and a return on equity of 21.63%. The company had revenue of $102.74 million during the quarter, compared to the consensus estimate of $100.96 million. Carriage Services has set its FY 2025 guidance at 3.250-3.300 EPS. Sell-side analysts expect that Carriage Services will post 2.5 EPS for the current fiscal year.

Carriage Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 3rd will be issued a dividend of $0.1125 per share. This represents a $0.45 annualized dividend and a yield of 1.1%. The ex-dividend date is Monday, November 3rd. Carriage Services’s dividend payout ratio (DPR) is currently 14.47%.

Insider Transactions at Carriage Services

In other news, VP Shane Pudenz sold 13,027 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $44.36, for a total transaction of $577,877.72. Following the sale, the vice president directly owned 14,930 shares of the company’s stock, valued at $662,294.80. This represents a 46.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Carriage Services

Several large investors have recently bought and sold shares of the business. Axxcess Wealth Management LLC raised its stake in Carriage Services by 42.5% during the third 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. Vanguard Group Inc. increased its holdings in shares of Carriage Services by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,021,161 shares of the company’s stock worth $45,483,000 after buying an additional 38,738 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Carriage Services by 25.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 121,273 shares of the company’s stock worth $5,401,000 after buying an additional 24,752 shares during the last quarter. MQS Management LLC purchased a new stake in shares of Carriage Services during the 3rd quarter valued at about $742,000. Finally, Navellier & Associates Inc. lifted its holdings in shares of Carriage Services by 88.2% in the 3rd quarter. Navellier & Associates Inc. now owns 26,932 shares of the company’s stock valued at $1,200,000 after acquiring an additional 12,621 shares during the last quarter. Institutional investors own 66.46% of the company’s stock.

Carriage Services Company Profile

Carriage Services, Inc provides funeral and cemetery services, and merchandise in the United States. It operates in two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation services; funeral home facilities for visitation and memorial services; transportation services; removal and preparation of remains; sale of caskets and urns; cremation services; and related funeral merchandise.