Carriage Services (CSV) to Release Earnings on Wednesday

Carriage Services (NYSE:CSV) is expected to be releasing its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect Carriage Services to post earnings of $0.80 per share and revenue of $104.17 million for the quarter. Carriage Services has set its FY 2025 guidance at 3.100-3.300 EPS.

Carriage Services (NYSE:CSV) last released its earnings results on Wednesday, February 26th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.11. Carriage Services had a net margin of 8.57% and a return on equity of 23.52%. The company had revenue of $97.70 million during the quarter, compared to the consensus estimate of $96.72 million. During the same quarter in the previous year, the firm earned $0.77 EPS. On average, analysts expect Carriage Services to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Carriage Services Stock Performance

Shares of NYSE:CSV traded down $0.16 during trading on Tuesday, reaching $39.83. 3,856 shares of the company’s stock traded hands, compared to its average volume of 115,480. The company has a 50 day moving average of $38.71 and a 200-day moving average of $38.78. Carriage Services has a 12 month low of $25.05 and a 12 month high of $42.75. The stock has a market capitalization of $623.26 million, a P/E ratio of 17.86, a price-to-earnings-growth ratio of 0.97 and a beta of 0.77. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.72 and a quick ratio of 0.59.

Carriage Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 5th will be paid a dividend of $0.1125 per share. This represents a $0.45 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Monday, May 5th. Carriage Services’s payout ratio is currently 21.43%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CSV. Barrington Research reiterated an “outperform” rating and set a $50.00 price target on shares of Carriage Services in a research report on Friday, February 28th. StockNews.com upgraded Carriage Services from a “hold” rating to a “buy” rating in a report on Friday.

Insider Activity

In other Carriage Services news, President Steven D. Metzger sold 3,508 shares of the business’s stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $40.09, for a total value of $140,635.72. Following the completion of the sale, the president now owns 81,389 shares of the company’s stock, valued at $3,262,885.01. The trade was a 4.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.60% of the stock is currently owned by corporate insiders.

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.