Carriage Services (NYSE:CSV) Announces Earnings Results

Carriage Services (NYSE:CSV) announced its quarterly earnings results on Wednesday. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.11, RTT News reports. Carriage Services had a return on equity of 23.52% and a net margin of 8.57%. The company had revenue of $97.70 million during the quarter, compared to the consensus estimate of $96.72 million. During the same period in the previous year, the business earned $0.77 EPS. Carriage Services updated its FY 2025 guidance to 3.100-3.300 EPS.

Carriage Services Trading Up 0.5 %

NYSE CSV opened at $41.11 on Thursday. Carriage Services has a one year low of $23.20 and a one year high of $42.75. The firm has a market cap of $625.82 million, a PE ratio of 18.43, a P/E/G ratio of 0.97 and a beta of 0.92. The firm’s fifty day moving average is $40.34 and its two-hundred day moving average is $36.79. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.59 and a current ratio of 0.72.

Carriage Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd will be given a dividend of $0.1125 per share. This represents a $0.45 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Monday, February 3rd. Carriage Services’s payout ratio is currently 20.18%.

Analyst Upgrades and Downgrades

Separately, Barrington Research reissued an “outperform” rating and set a $50.00 price objective on shares of Carriage Services in a report on Monday, February 10th.

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.