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

Carriage Services (NYSE:CSV) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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.

Analyst Upgrades and Downgrades

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

Carriage Services Trading Down 3.4 %

Shares of NYSE CSV traded down $1.40 during mid-day trading on Thursday, reaching $39.78. The company had a trading volume of 99,319 shares, compared to its average volume of 130,870. The stock has a market cap of $605.49 million, a price-to-earnings ratio of 17.84, a price-to-earnings-growth ratio of 0.97 and a beta of 0.92. Carriage Services has a 52 week low of $23.20 and a 52 week high of $42.75. The business’s 50-day moving average is $40.34 and its 200-day moving average is $36.79. The company has a current ratio of 0.72, a quick ratio of 0.59 and a debt-to-equity ratio of 2.03.

Carriage Services (NYSE:CSV) last released its quarterly earnings data on Wednesday, February 26th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.11. The company had revenue of $97.70 million during the quarter, compared to analysts’ expectations of $96.72 million. Carriage Services had a net margin of 8.57% and a return on equity of 23.52%. During the same period in the previous year, the company earned $0.77 EPS. Equities analysts expect that Carriage Services will post 2.5 earnings per share for the current year.

Carriage Services Dividend Announcement

The company 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. The ex-dividend date is Monday, February 3rd. This represents a $0.45 annualized dividend and a yield of 1.13%. Carriage Services’s dividend payout ratio (DPR) is currently 20.18%.

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.