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Carriage Services (NYSE:CSV) Issues FY 2025 Earnings Guidance

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Carriage Services (NYSE:CSV - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.100-3.300 for the period, compared to the consensus earnings per share estimate of 2.800. The company issued revenue guidance of $400.0 million-$410.0 million, compared to the consensus revenue estimate of $419.8 million.

Carriage Services Trading Up 1.2 %

Shares of CSV traded up $0.48 during mid-day trading on Friday, reaching $40.16. 134,916 shares of the company's stock traded hands, compared to its average volume of 136,693. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.72 and a quick ratio of 0.59. The stock's 50-day moving average is $40.33 and its two-hundred day moving average is $36.93. Carriage Services has a 12 month low of $23.20 and a 12 month high of $42.75. The stock has a market cap of $611.36 million, a P/E ratio of 18.01, a P/E/G ratio of 0.97 and a beta of 0.92.

Carriage Services (NYSE:CSV - Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.11. Carriage Services had a net margin of 8.57% and a return on equity of 23.52%. The business had revenue of $97.70 million for the quarter, compared to analyst estimates of $96.72 million. During the same period last year, the company posted $0.77 earnings per share. Research analysts forecast that Carriage Services will post 2.5 earnings per share for the current fiscal year.

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Carriage Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Monday, February 3rd will be paid a $0.1125 dividend. This represents a $0.45 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Monday, February 3rd. Carriage Services's dividend payout ratio (DPR) is presently 21.43%.

Analysts Set New Price Targets

Separately, Barrington Research reissued an "outperform" rating and issued a $50.00 price target on shares of Carriage Services in a research report on Friday.

Read Our Latest Stock Report on CSV

About Carriage Services

(Get Free Report)

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.

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