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 objective on shares of Carriage Services in a research report on Monday, February 10th.

Carriage Services Stock Up 0.5 %

Shares of NYSE:CSV traded up $0.20 on Wednesday, hitting $41.11. 73,340 shares of the company traded hands, compared to its average volume of 131,979. The company has a market cap of $625.82 million, a PE ratio of 18.43, a PEG ratio of 0.97 and a beta of 0.92. The stock has a 50 day simple moving average of $40.32 and a 200-day simple moving average of $36.76. Carriage Services has a 52 week low of $23.20 and a 52 week high of $42.75. 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 EPS for the quarter, beating the consensus estimate of $0.51 by $0.11. Carriage Services had a return on equity of 23.52% and a net margin of 8.57%. During the same quarter in the prior year, the business posted $0.77 EPS. As a group, research analysts expect that Carriage Services will post 2.5 earnings per share for the current year.

Carriage Services Announces Dividend

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 given a dividend of $0.1125 per share. This represents a $0.45 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Monday, February 3rd. Carriage Services’s dividend payout ratio (DPR) is presently 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.