Carriage Services Future Growth

Future criteria checks 1/6

Carriage Services is forecast to grow earnings and revenue by 10% and 1.8% per annum respectively. EPS is expected to grow by 6.8% per annum. Return on equity is forecast to be 19.3% in 3 years.

Key information

10.0%

Earnings growth rate

6.8%

EPS growth rate

Consumer Services earnings growth	33.5%
Revenue growth rate	1.8%
Future return on equity	19.3%
Analyst coverage	Low
Last updated	19 Apr 2024

Recent future growth updates

Recent updates

Carriage Services: Still Not Cheap Enough To Justify Balance Sheet Concerns

Apr 04

Carriage Services (NYSE:CSV) Will Pay A Dividend Of $0.1125

Jan 22

Carriage Services: A Fragmented Market Provides Great Opportunities For This Industry Consolidator

Jan 03

Carriage Services (NYSE:CSV) Shareholders Will Want The ROCE Trajectory To Continue

Nov 14

Carriage Services acquires Heritage funeral and cemetery business in North Carolina

Oct 26

Carriage Services' (NYSE:CSV) Dividend Will Be $0.1125

Oct 23

Carriage declares $0.1125 dividend

Oct 19

Carriage Services announces departure of CFO Ben Brink

Oct 03

Carriage Services Sees Resilience Against COVID-19 Declines

Sep 20

Carriage Services: An Attractive Play On An Unsavory Matter

Aug 17

Why Carriage Services, Inc. (NYSE:CSV) Could Be Worth Watching

Jul 29

Carriage Q2 2022 Earnings Preview

Jul 26

Is Carriage Services, Inc. (NYSE:CSV) Worth US$39.4 Based On Its Intrinsic Value?

Jun 27

Is Carriage Services (NYSE:CSV) Using Too Much Debt?

Jun 14

Carriage Services Offers Both An Attractive Valuation And Strong Fundamentals

May 12

Earnings and Revenue Growth Forecasts

NYSE:CSV - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	397	41	58	79	3
12/31/2024	386	35	55	73	4
12/31/2023	383	33	58	76	N/A
9/30/2023	378	30	54	73	N/A
6/30/2023	375	31	48	70	N/A
3/31/2023	368	34	47	71	N/A
12/31/2022	370	41	35	61	N/A
9/30/2022	372	46	35	65	N/A
6/30/2022	380	54	43	73	N/A
3/31/2022	377	37	46	73	N/A
12/31/2021	376	33	59	84	N/A
9/30/2021	370	28	64	85	N/A
6/30/2021	359	21	75	93	N/A
3/31/2021	349	33	79	96	N/A
12/31/2020	329	16	68	83	N/A
9/30/2020	311	10	61	75	N/A
6/30/2020	292	5	40	52	N/A
3/31/2020	283	4	31	46	N/A
12/31/2019	274	14	28	43	N/A
9/30/2019	269	9	30	46	N/A
6/30/2019	268	11	28	45	N/A
3/31/2019	264	9	30	45	N/A
12/31/2018	268	12	35	49	N/A
9/30/2018	267	37	41	53	N/A
6/30/2018	263	38	39	51	N/A
3/31/2018	263	39	37	52	N/A
12/31/2017	258	37	29	45	N/A
9/30/2017	256	19	N/A	46	N/A
6/30/2017	255	21	N/A	45	N/A
3/31/2017	253	22	N/A	48	N/A
12/31/2016	248	19	N/A	50	N/A
9/30/2016	247	21	N/A	42	N/A
6/30/2016	245	19	N/A	47	N/A
3/31/2016	243	19	N/A	48	N/A
12/31/2015	243	21	N/A	51	N/A
9/30/2015	240	20	N/A	52	N/A
6/30/2015	236	21	N/A	52	N/A
3/31/2015	234	20	N/A	51	N/A
12/31/2014	226	15	N/A	37	N/A
9/30/2014	219	14	N/A	36	N/A
6/30/2014	214	11	N/A	30	N/A
3/31/2014	211	11	N/A	28	N/A
12/31/2013	213	15	N/A	40	N/A
9/30/2013	213	14	N/A	42	N/A
6/30/2013	211	13	N/A	35	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSV's forecast earnings growth (10% per year) is above the savings rate (2.3%).

Earnings vs Market: CSV's earnings (10% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: CSV's earnings are forecast to grow, but not significantly.

Revenue vs Market: CSV's revenue (1.8% per year) is forecast to grow slower than the US market (7.9% per year).

High Growth Revenue: CSV's revenue (1.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CSV's Return on Equity is forecast to be low in 3 years time (19.3%).

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Carriage Services Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 16%

Price target decreased by 11% to US$39.00

Carriage Services, Inc. Revises Earnings Guidance for the Year Ending December 31, 2023

Carriage Services, Inc. Reaffirms Earnings Guidance for the Full-Year 2023

Carriage Services, Inc. Reaffirms Earnings Guidance for the Year 2023

Price target decreased to US$40.00

Recent updates

Fourth quarter dividend of US$0.11 announced

Carriage Services, Inc. to Report Q1, 2024 Results on May 01, 2024

Carriage Services: Still Not Cheap Enough To Justify Balance Sheet Concerns

Carriage Services, Inc., Annual General Meeting, May 14, 2024

Senior VP & Regional Partner of West recently sold US$168k worth of stock

Independent Director recently bought US$131k worth of stock

Founder & Executive Chairman recently sold US$90k worth of stock

Founder & Executive Chairman recently sold US$90k worth of stock

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Mel Payne to Step Down as Executive Chairman of Carriage Services, Inc

Carriage Services, Inc. to Report Fiscal Year 2023 Results on Feb 21, 2024

Upcoming dividend of US$0.11 per share at 1.8% yield

Carriage Services (NYSE:CSV) Will Pay A Dividend Of $0.1125

Carriage Services Declares Quarterly Cash Dividend, Payable on March 1, 2024

Carriage Services: A Fragmented Market Provides Great Opportunities For This Industry Consolidator

Consensus EPS estimates fall by 16%

Carriage Services (NYSE:CSV) Shareholders Will Want The ROCE Trajectory To Continue

Price target decreased by 11% to US$39.00

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Carriage Services, Inc. Revises Earnings Guidance for the Year Ending December 31, 2023

Carriage Services: Cheap After The Failed Buyout

Upcoming dividend of US$0.11 per share at 2.1% yield

Carriage Services (NYSE:CSV) Is Due To Pay A Dividend Of $0.1125

Carriage Services Declares Quarterly Cash Dividend, Payable on December 1, 2023

Carriage Services, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Investor sentiment deteriorates as stock falls 18%

Carriage Services: Slow And Steady Growth Comes At A Fair Price

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Carriage Services, Inc. Reaffirms Earnings Guidance for the Full-Year 2023

Upcoming dividend of US$0.11 per share at 1.4% yield

Carriage Services (NYSE:CSV) Has Affirmed Its Dividend Of $0.1125

Carriage Services, Inc. Announces Board Changes

Carriage Services, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Carriage Services, Inc. Appoints Somer Webb to Serve as Class I Director

Here's Why Carriage Services (NYSE:CSV) Is Weighed Down By Its Debt Load

Investor sentiment improves as stock rises 23%

Carriage Services, Inc. Announces Management Changes

Founder notifies of intention to sell stock

Carriage Services: $23 Level Now Looks Likely That It Will Be Tested

Senior VP & Regional Partner of West exercised options and sold US$129k worth of stock

Carriage Services, Inc. Reaffirms Earnings Guidance for the Year 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.11 per share at 1.6% yield

Carriage Services (NYSE:CSV) Has Announced A Dividend Of $0.1125

Now 21% undervalued

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Is Now An Opportune Moment To Examine Carriage Services, Inc. (NYSE:CSV)?

Carriage Services, Inc. to Report Fiscal Year 2022 Results on Feb 22, 2023

Upcoming dividend of US$0.11 per share at 1.4% yield

Carriage Services (NYSE:CSV) Will Pay A Dividend Of $0.1125

Carriage Services, Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2023

Carriage declares $0.1125 dividend

Carriage Services, Inc. Announces CFO Changes

Is Carriage Services (NYSE:CSV) Using Too Much Debt?

Insider recently bought US$103k worth of stock

Carriage Services, Inc. (NYSE:CSV) agreed to acquire Greenlawn Funeral Homes and Cemeteries.

Carriage Services: Short-Term Pain, Long-Term Gain

Price target decreased to US$40.00

Calculating The Fair Value Of Carriage Services, Inc. (NYSE:CSV)

Investor sentiment deteriorated over the past week

Carriage Services, Inc. Announces Executive Appointments

Price target decreased to US$49.00

Upcoming dividend of US$0.11 per share

Third quarter 2022 earnings: EPS misses analyst expectations

Carriage Services, Inc. (NYSE:CSV) acquired Substantially All Assets of Heritage Funeral and Cremation Services and The Forest Lawn Company East Inc.

Carriage Services acquires Heritage funeral and cemetery business in North Carolina

Carriage Services' (NYSE:CSV) Dividend Will Be $0.1125

Carriage Services, Inc. Declares Quarterly Cash Dividend, Payable on December 1, 2022