Reported Earnings • Aug 06
Second quarter 2026 earnings released: EPS: US$0.78 (vs US$0.75 in 2Q 2025) Second quarter 2026 results: EPS: US$0.78 (up from US$0.75 in 2Q 2025). Revenue: US$102.9m (flat on 2Q 2025). Net income: US$12.3m (up 6.1% from 2Q 2025). Profit margin: 12% (in line with 2Q 2025). Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Director Edmondo Robinson was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 23
Carriage Services, Inc. to Report Q2, 2026 Results on Aug 05, 2026 Carriage Services, Inc. announced that they will report Q2, 2026 results After-Market on Aug 05, 2026 Declared Dividend • Jul 20
First quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 3rd August 2026 Payment date: 1st September 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 17
Carriage Services, Inc. Declares Quarterly Cash Dividend, Payable on September 1, 2026 Carriage Services, Inc. announced that its Board of Directors on July 16, 2026, declared a quarterly dividend of 11.25 cents per share payable on September 1, 2026, to common share record holders as of August 3, 2026. Aankondiging • May 28
Carriage Services, Inc. (NYSE : CSV) acquired Substantially all the assets of McCammon Ammons Click Funeral Home, Inc. Carriage Services, Inc. (NYSE : CSV) acquired Substantially all the assets of McCammon Ammons Click Funeral Home, Inc. on May 27, 2026.
Carriage Services, Inc. (NYSE : CSV) completed the acquisition of Substantially all the assets of McCammon Ammons Click Funeral Home, Inc. on May 27, 2026. Aankondiging • May 07
Carriage Services, Inc. has filed a Follow-on Equity Offering in the amount of $100 million. Carriage Services, Inc. has filed a Follow-on Equity Offering in the amount of $100 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • May 07
First quarter 2026 earnings released: EPS: US$0.85 (vs US$1.35 in 1Q 2025) First quarter 2026 results: EPS: US$0.85 (down from US$1.35 in 1Q 2025). Revenue: US$106.1m (flat on 1Q 2025). Net income: US$13.3m (down 35% from 1Q 2025). Profit margin: 13% (down from 19% in 1Q 2025). Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year. Aankondiging • Apr 24
Carriage Services, Inc. to Report Q1, 2026 Results on May 06, 2026 Carriage Services, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 06, 2026 Declared Dividend • Apr 20
Fourth quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 4th May 2026 Payment date: 1st June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 16
Carriage Services, Inc. Declares Quarterly Cash Dividend, Payable on June 1, 2026 Carriage Services, Inc. announced that its Board of Directors on April 15, 2026, declared a quarterly dividend of 11.25 cents per share payable on June 1, 2026, to common share record holders as of May 4, 2026. Aankondiging • Mar 19
Carriage Services, Inc., Annual General Meeting, May 12, 2026 Carriage Services, Inc., Annual General Meeting, May 12, 2026. Location: 3040 post oak boulevard, lobby conference room, texas 77056, houston, United States Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: US$3.34 (vs US$2.17 in FY 2024) Full year 2025 results: EPS: US$3.34 (up from US$2.17 in FY 2024). Revenue: US$417.4m (up 3.3% from FY 2024). Net income: US$51.5m (up 58% from FY 2024). Profit margin: 12% (up from 8.0% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 13
Carriage Services, Inc. to Report Fiscal Year 2025 Results on Feb 25, 2026 Carriage Services, Inc. announced that they will report fiscal year 2025 results After-Market on Feb 25, 2026 Declared Dividend • Jan 19
Third quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 2nd February 2026 Payment date: 2nd March 2026 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jan 17
Carriage Services, Inc. Announces Executive Promotions, Effective February 2, 2026 Carriage Services, Inc. announced several executive promotions effective February 2, 2026. Steve Metzger, age 47, has been promoted to President and Chief Operating Officer, assuming responsibility for Operations, Sales, Marketing, and M&A, with a focus on alignment across execution and growth initiatives. Mr. Metzger joined the Company in May 2018 and has served as the Company’s President and Secretary since June 2023. Prior to that, he served as the Company’s Executive Vice President, Chief Administrative Officer, General Counsel and Secretary from June 2021 until his promotion in June 2023. Prior to joining Carriage, Mr. Metzger served as Senior Vice President, General Counsel and Secretary for a publicly traded company in the restaurant industry. Prior to that, he spent seven years with Service Corporation International (“SCI”) where he served in various leadership roles including Managing Counsel for the Legal Department and Chief Compliance Officer for SCI’s registered investment advisor. Mr. Metzger began his career as a litigator at a Houston law firm and received both his B.A. in Government and his Juris Doctorate from the University of Texas at Austin. In addition, John Enwright, Chief Financial Officer, has assumed expanded responsibility with oversight of Information Technology and Supply Chain, further aligning financial discipline with the systems and infrastructure that support long-term value creation. Aankondiging • Jan 16
Carriage Services, Inc. Declares Quarterly Cash Dividend, Payable on March 2, 2026 Carriage Services, Inc. announced that its Board of Directors on January 15, 2026, declared a quarterly dividend of 11.25 cents per share payable on March 2, 2026, to common share record holders as of February 2, 2026. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: US$0.42 (vs US$0.65 in 3Q 2024) Third quarter 2025 results: EPS: US$0.42 (down from US$0.65 in 3Q 2024). Revenue: US$102.7m (up 2.0% from 3Q 2024). Net income: US$6.57m (down 33% from 3Q 2024). Profit margin: 6.4% (down from 9.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Oct 23
Carriage Services, Inc. to Report Q3, 2025 Results on Nov 05, 2025 Carriage Services, Inc. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Declared Dividend • Oct 18
Second quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 3rd November 2025 Payment date: 1st December 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Oct 16
Carriage Services Declares Quarterly Cash Dividend, Payable on December 1, 2025 Carriage Services, Inc. announced that its Board of Directors on October 15, 2025, declared a quarterly dividend of 11.25 cents per share payable on December 1, 2025, to common share record holders as of November 3, 2025. Recent Insider Transactions • Aug 31
Vice President Of Sales recently sold €498k worth of stock On the 27th of August, Shane Pudenz sold around 13k shares on-market at roughly €38.22 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €671k more than they bought in the last 12 months. Aankondiging • Aug 07
Carriage Services, Inc. Revises Earnings Guidance for the Year 2025 Carriage Services, Inc. revised earnings guidance for the year 2025. For the year, the company now expects total revenue of $410 million – $420 million against previous guidance of $400 million – $410 million. Reported Earnings • Aug 07
Second quarter 2025 earnings released: EPS: US$0.76 (vs US$0.41 in 2Q 2024) Second quarter 2025 results: EPS: US$0.76 (up from US$0.41 in 2Q 2024). Revenue: US$102.1m (flat on 2Q 2024). Net income: US$11.7m (up 90% from 2Q 2024). Profit margin: 12% (up from 6.0% in 2Q 2024). Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year. Declared Dividend • Jul 28
First quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 4th August 2025 Payment date: 2nd September 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.8% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 25
Carriage Services, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Carriage Services, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Aankondiging • Jul 17
Carriage Services, Inc. Declares Quarterly Dividend, Payable on September 2, 2025 Carriage Services, Inc. announced that its Board of Directors on July 16, 2025, declared a quarterly dividend of 11.25 cents per share payable on September 2, 2025, to common share record holders as of August 4, 2025. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$1.37 (vs US$0.46 in 1Q 2024) First quarter 2025 results: EPS: US$1.37 (up from US$0.46 in 1Q 2024). Revenue: US$107.1m (up 3.5% from 1Q 2024). Net income: US$20.9m (up 205% from 1Q 2024). Profit margin: 20% (up from 6.6% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 3% per year. Aankondiging • May 01
Carriage Services, Inc. Reports Impairment Charges for the First Quarter Ended March 31, 2025 Carriage Services, Inc. reported impairment charges for the First Quarter Ended March 31, 2025. For the quarter, the company's impairment of goodwill, intangibles and PPE of $117,000. Declared Dividend • Apr 21
Fourth quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 5th May 2025 Payment date: 2nd June 2025 Dividend yield will be 1.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 48% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Mar 31
Carriage Services, Inc., Annual General Meeting, May 13, 2025 Carriage Services, Inc., Annual General Meeting, May 13, 2025. Location: 3040 post oak boulevard, lobby conference room, texas 77056, houston United States Reported Earnings • Feb 27
Full year 2024 earnings released: EPS: US$2.20 (vs US$2.24 in FY 2023) Full year 2024 results: EPS: US$2.20 (down from US$2.24 in FY 2023). Revenue: US$404.2m (up 5.7% from FY 2023). Net income: US$33.0m (flat on FY 2023). Profit margin: 8.2% (down from 8.7% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year. Aankondiging • Feb 27
Carriage Services, Inc. Provides Earnings Guidance for the Year Ended December 31, 2025 Carriage Services, Inc. provided earnings guidance for the year ended December 31, 2025. For the year, the company expects total revenue to be in the range of $400 million to $410 million. Operating income of $97.5 million and GAAP diluted earnings per share of $3.5. Aankondiging • Feb 06
Carriage Services, Inc. to Report Fiscal Year 2024 Results on Feb 26, 2025 Carriage Services, Inc. announced that they will report fiscal year 2024 results After-Market on Feb 26, 2025 Declared Dividend • Jan 20
Third quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 3rd February 2025 Payment date: 3rd March 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 47% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jan 17
Carriage Services, Inc. Declares Quarterly Cash Dividend, Payable on March 3, 2025 Carriage Services, Inc. announced that its Board of Directors on January 16, 2025 declared a quarterly dividend of 11.25 cents per share payable on March 3, 2025 to common share record holders as of February 3, 2025. Recent Insider Transactions • Nov 08
Senior VP & Regional Partner of West recently sold €173k worth of stock On the 5th of November, Paul Elliott sold around 5k shares on-market at roughly €34.60 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €544k. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €35.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Consumer Services industry in Europe. Total loss to shareholders of 12% over the past three years. Board Change • Nov 04
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Edmondo Robinson was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: US$0.66 (vs US$0.31 in 3Q 2023) Third quarter 2024 results: EPS: US$0.66 (up from US$0.31 in 3Q 2023). Revenue: US$100.7m (up 11% from 3Q 2023). Net income: US$9.87m (up 114% from 3Q 2023). Profit margin: 9.8% (up from 5.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year. Declared Dividend • Oct 21
Second quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 4th November 2024 Payment date: 2nd December 2024 Dividend yield will be 1.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • Oct 17
Carriage Services, Inc. Declares Quarterly Cash Dividend, Payable on December 2, 2024 Carriage Services, Inc. announced that its Board of Directors on October 16, 2024 declared a quarterly dividend of 11.25 cent per share payable on December 2, 2024 to common share record holders as of November 4, 2024. Aankondiging • Oct 16
Carriage Services, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Carriage Services, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Recent Insider Transactions • Aug 25
Independent Non-Executive Chairman recently bought €85k worth of stock On the 22nd of August, Chad Fargason bought around 3k shares on-market at roughly €28.30 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €105k. Chad has been a buyer over the last 12 months, purchasing a net total of €451k worth in shares. Recent Insider Transactions • Aug 15
Senior VP recently sold €544k worth of stock On the 13th of August, Shawn Phillips sold around 20k shares on-market at roughly €27.34 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$0.42 (vs US$0.56 in 2Q 2023) Second quarter 2024 results: EPS: US$0.42 (down from US$0.56 in 2Q 2023). Revenue: US$102.3m (up 4.8% from 2Q 2023). Net income: US$6.26m (down 24% from 2Q 2023). Profit margin: 6.1% (down from 8.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Aankondiging • Aug 01
Carriage Services, Inc. Increases Earnings Guidance for the Year 2024 Carriage Services, Inc. Increased earnings guidance for the year 2024. For the year, the company expects total revenue to be $390 million - $400 million compared to previous guidance of $380 - $390. Declared Dividend • Jul 22
First quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 5th August 2024 Payment date: 3rd September 2024 Dividend yield will be 1.6%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jul 17
Carriage Services, Inc. to Report Q2, 2024 Results on Jul 31, 2024 Carriage Services, Inc. announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Recent Insider Transactions • Jun 13
Independent Non-Executive Chairman recently bought €105k worth of stock On the 11th of June, Chad Fargason bought around 4k shares on-market at roughly €26.31 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €141k. Chad has been a buyer over the last 12 months, purchasing a net total of €366k worth in shares. Recent Insider Transactions • May 12
Senior VP recently sold €508k worth of stock On the 9th of May, Shawn Phillips sold around 21k shares on-market at roughly €23.98 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €728k more than they bought in the last 12 months. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.47 (vs US$0.59 in 1Q 2023) First quarter 2024 results: EPS: US$0.47 (down from US$0.59 in 1Q 2023). Revenue: US$103.5m (up 8.4% from 1Q 2023). Net income: US$6.97m (down 21% from 1Q 2023). Profit margin: 6.7% (down from 9.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 4.0% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Declared Dividend • Apr 23
Fourth quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 3rd May 2024 Payment date: 3rd June 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Mar 30
Carriage Services, Inc., Annual General Meeting, May 14, 2024 Carriage Services, Inc., Annual General Meeting, May 14, 2024, at 09:00 Central Standard Time. Location: 3040 Post Oak Boulevard, Lobby Conference Room, Houston Texas United States Agenda: To consider elect two class I directors to serve until the 2027 Annual Meeting; to consider approving, on an advisory basis, 2023 Named Executive Officers' compensation; and to ratify the appointment of Grant Thornton LLP as independent registered public accounting firm for the fiscal year ended 2024; and to consider other matters. Recent Insider Transactions • Mar 22
Senior VP & Regional Partner of West recently sold €155k worth of stock On the 20th of March, Paul Elliott sold around 7k shares on-market at roughly €23.83 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €222k more than they bought in the last 12 months. Recent Insider Transactions • Mar 12
Independent Director recently bought €119k worth of stock On the 8th of March, Chad Fargason bought around 5k shares on-market at roughly €23.84 per share. This transaction increased Chad's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €167k more in shares than they bought in the last 12 months. Recent Insider Transactions • Feb 29
Founder & Executive Chairman recently sold €83k worth of stock On the 22nd of February, Melvin Payne sold around 4k shares on-market at roughly €23.65 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Melvin's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 26
Founder & Executive Chairman recently sold €83k worth of stock On the 22nd of February, Melvin Payne sold around 4k shares on-market at roughly €23.65 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Melvin's only on-market trade for the last 12 months. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$2.26 (vs US$2.78 in FY 2022) Full year 2023 results: EPS: US$2.26 (down from US$2.78 in FY 2022). Revenue: US$382.5m (up 3.3% from FY 2022). Net income: US$33.4m (down 19% from FY 2022). Profit margin: 8.7% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Feb 01
Carriage Services, Inc. to Report Fiscal Year 2023 Results on Feb 21, 2024 Carriage Services, Inc. announced that they will report fiscal year 2023 results After-Market on Feb 21, 2024 Upcoming Dividend • Jan 26
Upcoming dividend of US$0.11 per share at 1.8% yield Eligible shareholders must have bought the stock before 02 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.6%). Aankondiging • Jan 19
Carriage Services Declares Quarterly Cash Dividend, Payable on March 1, 2024 Carriage Services, Inc. announced that its Board of Directors on January 18, 2024 declared a quarterly dividend of 11.25 cents per share payable on March 1, 2024 to common share record holders as of February 5, 2024. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment deteriorates as stock falls 35% After last week's 35% share price decline to €14.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Consumer Services industry in Europe. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €22.33 per share. Buying Opportunity • Jan 02
Now 35% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be €22.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 6.1% in 2 years. Earnings is forecast to grow by 38% in the next 2 years. Aankondiging • Nov 09
Carriage Services, Inc. Revises Earnings Guidance for the Year Ending December 31, 2023 Carriage Services, Inc. revised earnings guidance for the year ending December 31, 2023. For the period, the company expects total revenue to be in the range of $375 millions and $380 millions against previous guidance in the range of $375 millions and $385 millions. Net income to be $29,000,000. Income before income taxes to be $40,750,000. GAAP diluted earnings per share to be $1.87. New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (8.3% net profit margin). Upcoming Dividend • Oct 27
Upcoming dividend of US$0.11 per share at 2.1% yield Eligible shareholders must have bought the stock before 03 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.7%). Aankondiging • Oct 19
Carriage Services Declares Quarterly Cash Dividend, Payable on December 1, 2023 Carriage Services, Inc. announced that its Board of Directors on October 18, 2023 declared a quarterly dividend of 11.25¢ per share payable on December 1, 2023 to common share record holders as of November 6, 2023. Aankondiging • Oct 18
Carriage Services, Inc. to Report Q3, 2023 Results on Nov 08, 2023 Carriage Services, Inc. announced that they will report Q3, 2023 results After-Market on Nov 08, 2023 New Risk • Aug 03
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.3% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (8.3% net profit margin). Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.56 (vs US$0.74 in 2Q 2022) Second quarter 2023 results: EPS: US$0.56 (down from US$0.74 in 2Q 2022). Revenue: US$97.7m (up 7.8% from 2Q 2022). Net income: US$8.29m (down 24% from 2Q 2022). Profit margin: 8.5% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 03
Carriage Services, Inc. Reaffirms Earnings Guidance for the Full-Year 2023 Carriage Services, Inc. reaffirmed earnings guidance for the full-year 2023. For the period, the company expects total revenue of $375 million to $385 million. Upcoming Dividend • Jul 28
Upcoming dividend of US$0.11 per share at 1.4% yield Eligible shareholders must have bought the stock before 04 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.6%). Aankondiging • Jul 26
Carriage Services, Inc. Announces Board Changes On July 24, 2023, Barry K. Fingerhut, a member of the Carriage Services, Inc.'s Board of Directors, provided notice of his resignation from the Board of the Company, effective on July 25, 2023. The Company is grateful for Mr. Fingerhut’s service on the Board since 2012, including his service as Chair of the Compensation Committee and as a member of the Audit Committee and the Corporate Governance Committee. On July 25, 2023, pursuant to the authority granted to the Board by the Company’s Amended and Restated Bylaws, and upon the recommendation of the Corporate Governance Committee, the Board elected Julie Sanders to serve as a Class II Director until the Company’s 2025 annual meeting of shareholders. The Board has determined that Ms. Sanders qualifies as an “independent” director of the Company under the applicable New York Stock Exchange listing standards. Ms. Sanders, 55, will serve on each of the Audit, Compensation and Corporate Governance Committees. As a result of Mr. Fingerhut’s resignation from the Board and Ms. Sander’s subsequent election to the Board, the Board size remains at seven directors. Ms. Sanders has over 30 years of financial and audit leadership experience, along with extensive experience in transformative initiatives as it relate to financial systems, including the development and implementation of large-scale enhancements and capabilities. Ms. Sanders currently serves as Senior Vice President and Chief Audit Executive at Dell Technologies. Ms. Sanders joined Dell in 2002, and has held a variety of finance, accounting and management roles. Prior to her Chief Audit Executive appointment in 2021, Ms. Sanders was previously Senior Vice President, Global Auditing & Consulting, from 2018 to 2021, and Senior Vice President, Global Revenue, from 2014 to 2018, for Dell. In these leadership roles, Ms. Sanders was responsible for global revenue recognition, revenue operations and global accounting, along with overseeing financial planning and analysis for Dell’s commercial business. Before joining Dell, Ms. Sanders served as Chief Financial Officer for Jardine Foods and Merinta, and also held accounting and finance management positions at Bear Stearns and J. Crew. Ms. Sanders holds a B.B.A. in Accounting from Baylor University and is a Certified Public Accountant. Aankondiging • Jul 22
Carriage Services, Inc. to Report Q2, 2023 Results on Aug 02, 2023 Carriage Services, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 02, 2023