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 (EPS) guidance of 3.100-3.300 for the period, compared to the consensus 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.

Analysts Set New Price Targets

Separately, Barrington Research reissued an “outperform” rating and set a $50.00 price target on shares of Carriage Services in a report on Friday.

Carriage Services Price Performance

CSV traded up $0.06 during trading on Friday, reaching $39.74. The stock had a trading volume of 51,850 shares, compared to its average volume of 134,488. Carriage Services has a 1-year low of $23.20 and a 1-year high of $42.75. The firm has a market capitalization of $604.96 million, a price-to-earnings ratio of 17.84, a price-to-earnings-growth ratio of 0.97 and a beta of 0.92. The stock has a 50 day moving average of $40.33 and a two-hundred day moving average of $36.81. The company has a quick ratio of 0.59, a current ratio of 0.72 and a debt-to-equity ratio of 2.03.

Carriage Services (NYSE:CSV) last issued its earnings results on Wednesday, February 26th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.11. The business had revenue of $97.70 million for the quarter, compared to analysts’ expectations of $96.72 million. Carriage Services had a return on equity of 23.52% and a net margin of 8.57%. During the same period in the previous year, the firm posted $0.77 EPS. As a group, equities analysts anticipate that Carriage Services will post 2.5 EPS for the current fiscal year.

Carriage Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 3rd will be given a $0.1125 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $0.45 annualized dividend and a dividend yield of 1.13%. Carriage Services’s dividend payout ratio (DPR) is presently 21.43%.

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.