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

Wall Street Analyst Weigh In

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

Carriage Services Stock Up 0.2 %

CSV stock traded up $0.06 during mid-day trading on Friday, hitting $39.74. 51,850 shares of the company were exchanged, compared to its average volume of 134,488. The company has a market capitalization of $604.96 million, a PE ratio of 17.84, a price-to-earnings-growth ratio of 0.97 and a beta of 0.92. The firm has a fifty day simple moving average of $40.33 and a 200 day simple moving average of $36.81. 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 has a twelve month low of $23.20 and a twelve month high of $42.75.

Carriage Services (NYSE:CSV) last announced 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 firm 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 quarter in the prior year, the firm posted $0.77 earnings per share. On average, research analysts forecast that Carriage Services will post 2.5 earnings per share for the current fiscal year.

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 issued a $0.1125 dividend. This represents a $0.45 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Monday, February 3rd. Carriage Services’s dividend payout ratio is presently 21.43%.

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.