CSV Stock Overview
Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States.
Carriage Services Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$54.51|
|52 Week High||US$55.02|
|52 Week Low||US$28.23|
|1 Month Change||11.25%|
|3 Month Change||16.70%|
|1 Year Change||91.00%|
|3 Year Change||238.36%|
|5 Year Change||89.27%|
|Change since IPO||230.36%|
Recent News & Updates
Carriage Services: A Growth Trade Now Seen As Good Value By Market-Makers
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Carriage Services, Inc.'s (NYSE:CSV) Intrinsic Value Is Potentially 88% Above Its Share Price
Does the October share price for Carriage Services, Inc. ( NYSE:CSV ) reflect what it's really worth? Today, we will...
|CSV||US Consumer Services||US Market|
Return vs Industry: CSV exceeded the US Consumer Services industry which returned -63.5% over the past year.
Return vs Market: CSV exceeded the US Market which returned 16.5% over the past year.
|CSV Average Weekly Movement||5.3%|
|Consumer Services Industry Average Movement||8.4%|
|Market Average Movement||6.2%|
|10% most volatile stocks in US Market||14.8%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: CSV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CSV's weekly volatility (5%) has been stable over the past year.
About the Company
Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment engages in the provision of consultation, funeral home facilities for visitation and memorial services, and transportation services; removal and preparation of remains; and sale of caskets and related funeral merchandise.
Carriage Services Fundamentals Summary
|CSV fundamental statistics|
Is CSV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CSV income statement (TTM)|
|Cost of Revenue||US$230.06m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.69|
|Net Profit Margin||7.60%|
How did CSV perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Carriage Services undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CSV ($54.51) is trading below our estimate of fair value ($91.7)
Significantly Below Fair Value: CSV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CSV is poor value based on its PE Ratio (32.3x) compared to the US Consumer Services industry average (14.1x).
PE vs Market: CSV is poor value based on its PE Ratio (32.3x) compared to the US market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: CSV is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: CSV is overvalued based on its PB Ratio (4.7x) compared to the US Consumer Services industry average (1.8x).
How is Carriage Services forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSV's forecast earnings growth (61.8% per year) is above the savings rate (2%).
Earnings vs Market: CSV's earnings (61.8% per year) are forecast to grow faster than the US market (13.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CSV's revenue (3.1% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: CSV's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CSV's Return on Equity is forecast to be high in 3 years time
How has Carriage Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSV has a large one-off loss of $27.1M impacting its September 30 2021 financial results.
Growing Profit Margin: CSV's current net profit margins (7.6%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: CSV's earnings have declined by 8.7% per year over the past 5 years.
Accelerating Growth: CSV's earnings growth over the past year (174.1%) exceeds its 5-year average (-8.7% per year).
Earnings vs Industry: CSV earnings growth over the past year (174.1%) exceeded the Consumer Services industry -1%.
Return on Equity
High ROE: CSV's Return on Equity (14.6%) is considered low.
How is Carriage Services's financial position?
Financial Position Analysis
Short Term Liabilities: CSV's short term assets ($36.9M) do not cover its short term liabilities ($60.7M).
Long Term Liabilities: CSV's short term assets ($36.9M) do not cover its long term liabilities ($910.8M).
Debt to Equity History and Analysis
Debt Level: CSV's net debt to equity ratio (251.4%) is considered high.
Reducing Debt: CSV's debt to equity ratio has increased from 189.5% to 252% over the past 5 years.
Debt Coverage: CSV's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: CSV's interest payments on its debt are well covered by EBIT (3.4x coverage).
What is Carriage Services's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CSV's dividend (0.83%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: CSV's dividend (0.83%) is low compared to the top 25% of dividend payers in the US market (3.62%).
Stability and Growth of Payments
Stable Dividend: CSV's dividends per share have been stable in the past 10 years.
Growing Dividend: CSV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.4%), CSV's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mel Payne (78 yo)
Mr. Melvin C. Payne, also known as Mel, serves as President, Chairman of the Board and Chief Executive Officer in Carriage Services Investment Advisors, Inc. Mr. Payne was Chief Operating Officer of Carria...
CEO Compensation Analysis
Compensation vs Market: Mel's total compensation ($USD2.36M) is about average for companies of similar size in the US market ($USD2.35M).
Compensation vs Earnings: Mel's compensation has been consistent with company performance over the past year.
Experienced Management: CSV's management team is considered experienced (4.5 years average tenure).
Experienced Board: CSV's board of directors are considered experienced (8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Carriage Services, Inc.'s employee growth, exchange listings and data sources
- Name: Carriage Services, Inc.
- Ticker: CSV
- Exchange: NYSE
- Founded: 1991
- Industry: Specialized Consumer Services
- Sector: Consumer Services
- Market Cap: US$907.714m
- Shares outstanding: 16.65m
- Website: https://www.carriageservices.com
Number of Employees
- Carriage Services, Inc.
- 3040 Post Oak Boulevard
- Suite 300
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/07 00:20|
|End of Day Share Price||2021/12/06 00:00|
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 here.