Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$33.69, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Consumer Services industry in the US. Total returns to shareholders of 17% over the past three years. Price Target Changed • Aug 09
Price target decreased by 11% to US$53.60 Down from US$60.00, the current price target is an average from 5 analysts. New target price is 49% above last closing price of US$35.87. Stock is down 26% over the past year. The company is forecast to post earnings per share of US$3.36 for next year compared to US$3.29 last year. Reported Earnings • Aug 06
Second quarter 2026 earnings: EPS and revenues miss analyst expectations 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 missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 6.1%. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Consumer Services industry in the US. 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 6% per year, which means it is significantly lagging earnings growth. Board Change • Aug 04
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. Tillkännagivande • 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 Dividend of US$0.11 is the same as last year. Ex-date: 3rd August 2026 Payment date: 1st September 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.1%. 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • 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 19
Fourth quarter dividend of US$0.11 announced Dividend of US$0.11 is the same as last year. Ex-date: 4th May 2026 Payment date: 1st June 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.1%. 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. Tillkännagivande • 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. Tillkännagivande • 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: EPS misses analyst expectations 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Consumer Services industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Tillkännagivande • 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 Dividend of US$0.11 is the same as last year. Ex-date: 2nd February 2026 Payment date: 2nd March 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.1%. 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. Tillkännagivande • 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. Tillkännagivande • 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: Revenues exceed analysts expectations while EPS lags behind 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 exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Consumer Services industry in the US. 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 17% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • 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 20
Second quarter dividend of US$0.11 announced Dividend of US$0.11 is the same as last year. Ex-date: 3rd November 2025 Payment date: 1st December 2025 Dividend yield will be 1.0%, which is lower than the industry average of 2.1%. 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. Tillkännagivande • 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 US$578k worth of stock On the 27th of August, Shane Pudenz sold around 13k shares on-market at roughly US$44.36 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 US$767k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Aug 08
CEO & Vice Chairman notifies of intention to sell stock Carlos Quezada intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of August. If the sale is conducted around the recent share price of US$47.27, it would amount to US$201k. For the year to December 2020, Carlos' total compensation was 19% salary and 81% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Carlos' direct individual holding has decreased from 110.87k shares to 102.58k. Company insiders have collectively bought US$3.6m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Aug 07
Second quarter 2025 earnings: EPS exceeds analyst expectations 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Consumer Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Tillkännagivande • 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. Tillkännagivande • 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 Declared Dividend • Jul 21
First quarter dividend of US$0.11 announced Dividend of US$0.11 is the same as last year. Ex-date: 4th August 2025 Payment date: 2nd September 2025 Dividend yield will be 1.0%, which is lower than the industry average of 2.1%. 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. Tillkännagivande • 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. Recent Insider Transactions Derivative • May 09
CEO & Vice Chairman notifies of intention to sell stock Carlos Quezada intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of May. If the sale is conducted around the recent share price of US$40.53, it would amount to US$177k. For the year to December 2020, Carlos' total compensation was 19% salary and 81% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Carlos' direct individual holding has increased from 60.06k shares to 106.94k. Company insiders have collectively bought US$3.6m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • May 01
First quarter 2025 earnings: EPS and revenues exceed analyst expectations 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 exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 49%. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Services industry in the US. 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 1% per year. Tillkännagivande • 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 Dividend of US$0.11 is the same as last year. Ex-date: 5th May 2025 Payment date: 2nd June 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.1%. 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. Tillkännagivande • 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: EPS exceeds analyst expectations 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Consumer Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year. Tillkännagivande • 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. Recent Insider Transactions Derivative • Feb 24
CEO & Vice Chairman exercised options to buy US$1.5m worth of stock. On the 19th of February, Carlos Quezada exercised 56.19k options to receive shares at no cost, then sold around 18.45k of them at US$39.85 each and kept the remainder. Since March 2024, Carlos' direct individual holding has increased from 57.06k shares to 60.06k. Company insiders have collectively bought US$3.2m more than they sold, via options and on-market transactions, in the last 12 months. Tillkännagivande • 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 Dividend of US$0.11 is the same as last year. Ex-date: 3rd February 2025 Payment date: 3rd March 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.1%. 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. Tillkännagivande • 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 Derivative • Nov 22
Senior VP notifies of intention to sell stock Shawn Phillips intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 21st of November. If the sale is conducted around the recent share price of US$38.80, it would amount to US$195k. Since March 2024, Shawn's direct individual holding has decreased from 123.90k shares to 82.89k. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Nov 08
Senior VP & Regional Partner of West recently sold US$189k worth of stock On the 5th of November, Paul Elliott sold around 5k shares on-market at roughly US$37.78 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 US$596k. Insiders have been net sellers, collectively disposing of US$1.4m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 07
Senior VP & Regional Partner of West notifies of intention to sell stock Paul Elliott intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of November. If the sale is conducted around the recent share price of US$37.78, it would amount to US$189k. Since March 2024, Paul has owned 44.21k shares directly. Company insiders have collectively sold US$1.2m more than they bought, via options and on-market transactions in the last 12 months. Price Target Changed • Nov 04
Price target increased by 11% to US$43.75 Up from US$39.25, the current price target is an average from 4 analysts. New target price is 17% above last closing price of US$37.54. Stock is up 63% over the past year. The company is forecast to post earnings per share of US$2.01 for next year compared to US$2.24 last year. 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. Price Target Changed • Nov 01
Price target increased by 11% to US$40.75 Up from US$36.75, the current price target is an average from 4 analysts. New target price is 10% above last closing price of US$36.89. Stock is up 59% over the past year. The company is forecast to post earnings per share of US$1.99 for next year compared to US$2.24 last year. Reported Earnings • Nov 01
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations 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 exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Consumer Services industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Declared Dividend • Oct 20
Second quarter dividend of US$0.11 announced Dividend of US$0.11 is the same as last year. Ex-date: 4th November 2024 Payment date: 2nd December 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. 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. Tillkännagivande • 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. Tillkännagivande • 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 US$94k worth of stock On the 22nd of August, Chad Fargason bought around 3k shares on-market at roughly US$31.43 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 US$113k. Chad has been a buyer over the last 12 months, purchasing a net total of US$491k worth in shares. Recent Insider Transactions Derivative • Aug 12
Senior VP notifies of intention to sell stock Shawn Phillips intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of August. If the sale is conducted around the recent share price of US$29.73, it would amount to US$149k. Since March 2024, Shawn's direct individual holding has decreased from 123.90k shares to 102.76k. Company insiders have collectively sold US$742k more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Aug 08
CEO & Vice Chairman recently bought US$59k worth of stock On the 6th of August, Carlos Quezada bought around 2k shares on-market at roughly US$29.44 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$113k. Carlos has been a buyer over the last 12 months, purchasing a net total of US$16k worth in shares. Reported Earnings • Aug 01
Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind 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 exceeded analyst estimates by 7.7%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Consumer Services industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Tillkännagivande • 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 21
First quarter dividend of US$0.11 announced Dividend of US$0.11 is the same as last year. Ex-date: 5th August 2024 Payment date: 3rd September 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.1%. 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. Tillkännagivande • 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 US$113k worth of stock On the 11th of June, Chad Fargason bought around 4k shares on-market at roughly US$28.23 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 US$153k. Chad has been a buyer over the last 12 months, purchasing a net total of US$397k worth in shares. Recent Insider Transactions • May 12
Senior VP recently sold US$547k worth of stock On the 9th of May, Shawn Phillips sold around 21k shares on-market at roughly US$25.84 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 US$784k more than they bought in the last 12 months. Reported Earnings • May 02
First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind 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 exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 27%. Revenue is forecast to stay flat during the next 2 years compared to a 11% growth forecast for the Consumer Services industry in the US. 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 13% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 26
Upcoming dividend of US$0.11 per share Eligible shareholders must have bought the stock before 03 May 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.4%). Declared Dividend • Apr 22
Fourth quarter dividend of US$0.11 announced Dividend of US$0.11 is the same as last year. Ex-date: 3rd May 2024 Payment date: 3rd June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.1%. 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. 
