Carriage Services Management
Management criteria checks 4/4
Carriage Services' CEO is Carlos Quezada, appointed in Jun 2023, has a tenure of 3.08 years. total yearly compensation is $3.86M, comprised of 22% salary and 78% bonuses, including company stock and options. directly owns 0.69% of the company’s shares, worth $4.13M. The average tenure of the management team and the board of directors is 3.1 years and 3.1 years respectively.
Key information
Carlos Quezada
Chief executive officer
US$3.9m
Total compensation
| CEO salary percentage | 22.03% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.7% |
| Management average tenure | 3.1yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
Carriage Services: Buried But Not Forgotten
Summary Carriage Services is rated BUY, supported by compelling EV/EBITDA valuation and improving balance sheet metrics. CSV's growth is driven by M&A in a fragmented industry and internal efficiency gains from the Trinity ERP rollout. Leverage ratios are trending down, with management targeting 3.5–4x; interest coverage remains healthy at 3.5x TTM. Key risks include declining funeral volumes from rising life expectancy and potential M&A integration challenges. Read the full article on Seeking AlphaIs Now The Time To Put Carriage Services (NYSE:CSV) On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Carriage Services (NYSE:CSV) Will Pay A Dividend Of $0.1125
The board of Carriage Services, Inc. ( NYSE:CSV ) has announced that it will pay a dividend on the 2nd of March, with...US$59.00 - That's What Analysts Think Carriage Services, Inc. (NYSE:CSV) Is Worth After These Results
NYSE:CSV 1 Year Share Price vs Fair Value Explore Carriage Services's Fair Values from the Community and select yours...
Premium Projects And Acquisitions Will Unlock Lasting Value
The notable upward revision in Carriage Services' price target reflects improved consensus revenue growth forecasts and a higher expected future P/E, resulting in an increased fair value estimate from $53.00 to $59.00. What's in the News Carriage Services raised its 2025 revenue guidance to $410 million – $420 million from a previous range of $400 million – $410 million.Carriage Services (NYSE:CSV) Is Due To Pay A Dividend Of $0.1125
Carriage Services, Inc. ( NYSE:CSV ) has announced that it will pay a dividend of $0.1125 per share on the 2nd of...Carriage Services: Strong Gains Look Beckoning In 2025
Summary Carriage Services shows strong growth in Preneed cemetery sales, and free cash flow gains, and has revised guidance upward due to robust quarterly earnings beats. Technical analysis indicates a bullish trend with a recent successful support level test and a promising MACD indicator setup. Fiscal 2024 trends and strong free cash flow generation are reducing debt, setting the stage for sustained earnings growth and a bullish run. With a 2025 earnings target already up 9% over the past month and attractive free cash flow multiples, CSV stock is poised for further gains. Read the full article on Seeking AlphaCarriage Services: M&A To Resume In 2025 Amid Growing Cemetery Preneed Demand
Summary Growing cemetery preneed demand should continue to drive great growth for Carriage Services' organic performance with pricing increases and Project Trinity adding on top. Carriage Services has remained quiet on the M&A front to improve its financial position, but the company is in a better position now and expects to resume acquisitions in 2025. I estimate a 26% upside in CSV stock to a fair value of $49.2. Read the full article on Seeking AlphaCarriage Services: Upcoming Q3 Numbers Likely To Boost Year To Date Gains
Summary Carriage Services' stock has surged 25% in 6.5 months, outperforming the S&P 500, driven by Q1 and Q2 earnings beats and bullish technical indicators. Q2 revenues exceeded $100 million, with a 30%+ rise in preneed cemetery sales, leading to increased top-line guidance and bullish consensus trends. Free cash flow has grown 81% over five years, and with projected increases, investors are becoming more bullish on Carriage's growth prospects. Successful credit agreement reduces interest expenses and supports deleveraging, enhancing return on capital and free cash flow, with potential for a post-Q3 earnings rally. Read the full article on Seeking Alpha
Critical Moves Set To Boost Future Earnings And Streamline Operations
The significant growth in preneed cemetery sales hints at an expanding future revenue stream, signaling positive future earnings impact for Carriage Services.Carriage Services: Funeral Home Consolidator Goes Unnoticed In Rapidly Changing Market
Summary Carriage is undervalued due to at-a-glance impressions of high leverage and a one-time decline in revenue. At a closer look, the Company's debt has favorable terms and is being paid down in large amounts with excess cash flow. Industry experts support CSV's potential and valuation, with a private valuation indicating the stock price should be almost double the current price. Carriage's primary competitor was just acquired at a 62% premium, opening the door for a similar acquisition for Carriage. Read the full article on Seeking AlphaCarriage Services: Still Not Cheap Enough To Justify Balance Sheet Concerns
Summary Carriage Services' stock has been able to make higher highs and is attempting to break out above a multi-year downcycling trendline. The company's attractive valuation and consistent profitability may attract momentum investors. CSV is expected to eke out a marginal bottom-line gain in fiscal 2024, making it a potentially cheap investment. Elevated debt & goodwill, however, pose significant risks in a rising interest-rate environment. Read the full article on Seeking AlphaCarriage Services (NYSE:CSV) Will Pay A Dividend Of $0.1125
The board of Carriage Services, Inc. ( NYSE:CSV ) has announced that it will pay a dividend on the 1st of March, with...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$44m |
| Dec 31 2025 | US$4m | US$850k | US$51m |
| Sep 30 2025 | n/a | n/a | US$49m |
| Jun 30 2025 | n/a | n/a | US$52m |
| Mar 31 2025 | n/a | n/a | US$46m |
| Dec 31 2024 | US$4m | US$800k | US$33m |
| Sep 30 2024 | n/a | n/a | US$35m |
| Jun 30 2024 | n/a | n/a | US$29m |
| Mar 31 2024 | n/a | n/a | US$31m |
| Dec 31 2023 | US$3m | US$702k | US$33m |
| Sep 30 2023 | n/a | n/a | US$30m |
| Jun 30 2023 | n/a | n/a | US$31m |
| Mar 31 2023 | n/a | n/a | US$34m |
| Dec 31 2022 | US$2m | US$600k | US$41m |
| Sep 30 2022 | n/a | n/a | US$46m |
| Jun 30 2022 | n/a | n/a | US$54m |
| Mar 31 2022 | n/a | n/a | US$37m |
| Dec 31 2021 | US$2m | US$400k | US$33m |
| Sep 30 2021 | n/a | n/a | US$28m |
| Jun 30 2021 | n/a | n/a | US$21m |
| Mar 31 2021 | n/a | n/a | US$33m |
| Dec 31 2020 | US$648k | US$300k | US$16m |
Compensation vs Market: Carlos's total compensation ($USD3.86M) is about average for companies of similar size in the US market ($USD3.54M).
Compensation vs Earnings: Carlos's compensation has been consistent with company performance over the past year.
CEO
Carlos Quezada (55 yo)
Mr. Carlos R. Quezada is Chief Executive Officer of Carriage Services, Inc. from June 23, 2023. Mr. Quezada serves as Vice-Chairman at Carriage Services, Inc. since February 22, 2023. Mr. Quezada joined Ca...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Vice Chairman | 3.1yrs | US$3.86m | 0.69% $ 4.1m | |
| President & COO | 3.1yrs | US$2.69m | 0.53% $ 3.2m | |
| Senior VP | 1.5yrs | US$1.50m | 0.096% $ 576.3k | |
| Chief Accounting Officer | 2.3yrs | US$1.09m | 0.073% $ 439.9k | |
| Chief Information Officer | 4.3yrs | US$1.20m | 0.16% $ 964.0k | |
| Vice President of General Counsel and Secretary | less than a year | no data | 0.052% $ 311.2k | |
| Vice President Of Sales | 4.4yrs | US$1.21m | 0% $ 0 | |
| Vice President of Marketing | less than a year | no data | no data | |
| Senior VP & Regional Partner | 7yrs | no data | no data | |
| Director of Operations Support of the East Region | 4.2yrs | no data | no data |
Experienced Management: CSV's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Vice Chairman | 3.4yrs | US$3.86m | 0.69% $ 4.1m | |
| Advisor to the Board | no data | US$147.97k | 0.18% $ 1.1m | |
| Independent Non-Executive Chairman of the Board | 14.9yrs | US$185.00k | 0.41% $ 2.4m | |
| Independent Director | 3.1yrs | US$168.00k | 0.16% $ 981.8k | |
| Independent Director | 1.8yrs | US$167.00k | 0.030% $ 178.4k | |
| Independent Director | 3yrs | US$165.00k | 0.070% $ 422.7k | |
| Independent Director | 8.2yrs | US$150.00k | 0.22% $ 1.3m | |
| Independent Director | 3yrs | US$175.00k | 0.028% $ 169.7k |
Experienced Board: CSV's board of directors are considered experienced (3.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/13 05:21 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Carriage Services, Inc. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Paris | Barrington Research Associates, Inc. |
| Liam Burke | B. Riley Securities, Inc. |
| Scott Schneeberger | Oppenheimer & Co. Inc. |