Carriage Services (NYSE:CSV) Updates 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 earnings per share 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 Trading Down 2.9%

CSV stock traded down $1.07 during midday trading on Friday, reaching $35.92. The company’s stock had a trading volume of 361,610 shares, compared to its average volume of 111,450. The business’s 50-day simple moving average is $38.79 and its 200-day simple moving average is $42.70. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.99. Carriage Services has a 52 week low of $35.29 and a 52 week high of $52.10. The stock has a market cap of $570.13 million, a PE ratio of 12.88, a price-to-earnings-growth ratio of 0.80 and a beta of 0.84.

Carriage Services (NYSE:CSV) last issued its earnings results on Wednesday, August 5th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.04). The business had revenue of $102.95 million for the quarter, compared to the consensus estimate of $108.91 million. Carriage Services had a net margin of 10.69% and a return on equity of 19.70%. Carriage Services has set its FY 2026 guidance at 3.350-3.550 EPS. As a group, sell-side analysts expect that Carriage Services will post 3.46 EPS for the current year.

Carriage Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 3rd will be paid a $0.1125 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $0.45 annualized dividend and a yield of 1.3%. Carriage Services’s dividend payout ratio is presently 16.30%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CSV. Roth Capital set a $46.00 target price on Carriage Services in a report on Friday. Weiss Ratings cut Carriage Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 23rd. Finally, Barrington Research reiterated an “outperform” rating and issued a $60.00 price target on shares of Carriage Services in a research 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.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $57.75.

Institutional Inflows and Outflows

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