Roth Capital Lowers Earnings Estimates for Carriage Services

Carriage Services, Inc. (NYSE:CSV) – Research analysts at Roth Capital cut their Q4 2025 EPS estimates for shares of Carriage Services in a note issued to investors on Thursday, November 6th. Roth Capital analyst G. Kelly now anticipates that the company will post earnings of $0.77 per share for the quarter, down from their prior forecast of $0.80. The consensus estimate for Carriage Services’ current full-year earnings is $2.50 per share. Roth Capital also issued estimates for Carriage Services’ Q1 2026 earnings at $0.84 EPS and Q3 2026 earnings at $0.83 EPS.

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

Carriage Services Trading Down 1.7%

Shares of NYSE:CSV opened at $41.10 on Monday. The business’s 50 day simple moving average is $44.25 and its 200 day simple moving average is $44.36. Carriage Services has a 1 year low of $35.51 and a 1 year high of $49.41. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.06 and a quick ratio of 0.90. The company has a market capitalization of $645.25 million, a P/E ratio of 12.34, a P/E/G ratio of 0.89 and a beta of 0.92.

Carriage Services (NYSE:CSV) last announced its earnings results on Wednesday, November 5th. The company reported $0.75 EPS 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 for the quarter, compared to analysts’ expectations of $100.96 million. Carriage Services has set its FY 2025 guidance at 3.250-3.300 EPS.

Carriage Services Announces Dividend

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

Insider Activity at Carriage Services

In other news, VP Shane Pudenz sold 13,027 shares of the firm’s stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $44.36, for a total value of $577,877.72. Following the sale, the vice president directly owned 14,930 shares in the company, valued at approximately $662,294.80. This trade represents a 46.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On Carriage Services

Several institutional investors and hedge funds have recently added to or reduced their stakes in CSV. Nuveen LLC acquired a new position in Carriage Services in the 1st quarter worth about $4,157,000. Punch & Associates Investment Management Inc. bought a new stake in shares of Carriage Services during the first quarter worth about $3,546,000. Assenagon Asset Management S.A. acquired a new position in shares of Carriage Services in the third quarter valued at approximately $3,870,000. LPL Financial LLC increased its stake in shares of Carriage Services by 120.2% in the first quarter. LPL Financial LLC now owns 135,893 shares of the company’s stock valued at $5,266,000 after buying an additional 74,193 shares during the period. Finally, De Lisle Partners LLP raised its holdings in Carriage Services by 48.4% in the 1st quarter. De Lisle Partners LLP now owns 184,101 shares of the company’s stock valued at $7,148,000 after buying an additional 60,030 shares during the last quarter. Institutional investors own 66.46% of the company’s stock.

About Carriage Services

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.