Roth Capital Expects Weaker Earnings for Carriage Services

Carriage Services, Inc. (NYSE:CSV - Free Report) - Equities researchers at Roth Capital reduced their Q1 2025 EPS estimates for shares of Carriage Services in a research report issued on Friday, February 28th. Roth Capital analyst G. Kelly now anticipates that the company will post earnings per share of $0.78 for the quarter, down from their prior forecast of $0.81. The consensus estimate for Carriage Services' current full-year earnings is $2.50 per share. Roth Capital also issued estimates for Carriage Services' Q2 2025 earnings at $0.81 EPS, Q3 2025 earnings at $0.79 EPS, FY2025 earnings at $3.19 EPS and FY2026 earnings at $3.44 EPS.

Carriage Services (NYSE:CSV - Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $96.72 million. During the same period last year, the company posted $0.77 EPS.

A number of other research firms have also recently commented on CSV. StockNews.com raised shares of Carriage Services from a "hold" rating to a "buy" rating in a research note on Monday. Barrington Research reaffirmed an "outperform" rating and set a $50.00 price target on shares of Carriage Services in a research note on Friday, February 28th.

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Carriage Services Trading Up 0.1 %

Shares of CSV stock traded up $0.05 during trading hours on Monday, reaching $38.53. 109,501 shares of the stock were exchanged, compared to its average volume of 108,567. Carriage Services has a 12-month low of $23.20 and a 12-month high of $42.75. The company has a current ratio of 0.72, a quick ratio of 0.59 and a debt-to-equity ratio of 2.03. The company's 50-day moving average price is $40.25 and its 200-day moving average price is $37.10. The firm has a market capitalization of $586.47 million, a price-to-earnings ratio of 17.28, a price-to-earnings-growth ratio of 0.97 and a beta of 0.92.

Carriage Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd were given a $0.1125 dividend. The ex-dividend date was Monday, February 3rd. This represents a $0.45 annualized dividend and a yield of 1.17%. Carriage Services's dividend payout ratio (DPR) is 21.43%.

Institutional Investors Weigh In On Carriage Services

Several large investors have recently added to or reduced their stakes in CSV. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Carriage Services in the 4th quarter valued at about $3,566,000. Kingsview Wealth Management LLC purchased a new stake in Carriage Services in the 3rd quarter valued at about $2,151,000. LSV Asset Management boosted its position in Carriage Services by 12.4% in the 4th quarter. LSV Asset Management now owns 590,917 shares of the company's stock valued at $23,548,000 after buying an additional 65,358 shares during the period. JPMorgan Chase & Co. boosted its position in Carriage Services by 94.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 118,891 shares of the company's stock valued at $3,903,000 after buying an additional 57,821 shares during the period. Finally, Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in Carriage Services in the 4th quarter valued at about $2,272,000. 66.46% of the stock is owned by hedge funds and other institutional investors.

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.