Media coverage about Carriage Services (NYSE:CSV) has trended somewhat positive on Friday, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Carriage Services earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.2568123182387 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Carriage Services (NYSE:CSV) opened at $25.01 on Friday. The firm has a market capitalization of $402.31, a P/E ratio of 18.39, a PEG ratio of 1.20 and a beta of 0.96. Carriage Services has a twelve month low of $23.15 and a twelve month high of $29.11. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 1.86.

Carriage Services (NYSE:CSV) last released its quarterly earnings data on Wednesday, October 25th. The company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.12). Carriage Services had a net margin of 7.29% and a return on equity of 13.54%. The business had revenue of $61.10 million during the quarter, compared to analyst estimates of $62.86 million. During the same quarter in the prior year, the company posted $0.43 earnings per share. The company’s revenue was up 1.7% on a year-over-year basis. research analysts predict that Carriage Services will post 1.39 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, November 13th will be issued a $0.075 dividend. The ex-dividend date is Friday, November 10th. This is a boost from Carriage Services’s previous quarterly dividend of $0.05. This represents a $0.30 dividend on an annualized basis and a yield of 1.20%. Carriage Services’s dividend payout ratio is currently 29.41%.

Carriage Services declared that its board has approved a share repurchase plan on Wednesday, October 25th that allows the company to repurchase $15.00 million in outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its stock is undervalued.

Several research analysts have recently weighed in on CSV shares. BidaskClub cut Carriage Services from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Zacks Investment Research cut Carriage Services from a “hold” rating to a “strong sell” rating in a report on Monday, July 31st.

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In other news, Director James Raymond Schenck purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, October 31st. The shares were bought at an average cost of $25.52 per share, for a total transaction of $25,520.00. Following the completion of the purchase, the director now directly owns 5,061 shares of the company’s stock, valued at $129,156.72. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 13.40% of the company’s stock.

About Carriage Services

Carriage Services, Inc is a provider of death care services and merchandise in the United States. The Company operates in two business segments: Funeral Home Operations and Cemetery Operations. The Funeral Homes segment provides funeral services (traditional burial and cremation) and sells related merchandise, such as caskets and urns.

Insider Buying and Selling by Quarter for Carriage Services (NYSE:CSV)

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