Carriage Services, Inc. (CSV) Stock Price & Analysis
Carriage Services, Inc. (CSV) closed at USD 36.98 on Thursday, October 22, 2026, up 3.64% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 35.68; the Oct 22, 2026 session ranged USD 35.76–37.1 on volume of 274,029 shares. Market capitalization is $587.33M, with a 52-week range of USD 30.11–52.1 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:59 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CSV.md
Key facts (CSV)
- Last four reported quarters (through Jun 30, 2026): revenue $417M, net income $44.6M (10.7% margin), free cash flow $37.4M (SEC filings).
- Valuation: P/E 13.2x (avg 14.4x at the last 3 fiscal year-ends), EV/EBITDA 10.1x, net debt $523M.
- Analysts: Buy (mean 1.60 on a 1–5 scale) (5 analysts), mean target USD 51 (range 42–65).
- Total return with dividends: 1Y -17.3% vs S&P 500 +14.9%; 5Y -10.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 0.79, revenue estimate $109M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CSV)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $376M | $370M | $383M | $404M | $417M | $417M |
| Gross profit | $130M | $119M | $124M | $143M | $147M | — |
| Operating income | $93.7M | $79.7M | $81.0M | $81.8M | $97.7M | $91.3M |
| Net income | $33.2M | $41.4M | $33.4M | $33.0M | $51.5M | $44.6M |
| EPS (diluted) | $1.81 | $2.63 | $2.14 | $2.10 | $3.25 | — |
| Free cash flow | $59.4M | $34.9M | $57.6M | $35.9M | $40.1M | $37.4M |
| Gross margin | 34.5% | 32.2% | 32.5% | 35.5% | 35.1% | — |
| Operating margin | 24.9% | 21.5% | 21.2% | 20.2% | 23.4% | 21.9% |
| Net margin | 8.8% | 11.2% | 8.7% | 8.2% | 12.3% | 10.7% |
| Revenue growth | +14.1% | -1.5% | +3.3% | +5.7% | +3.3% | — |
| Cash + short-term investments | $1.1M | $1.2M | $1.5M | $1.2M | $1.7M | — |
| Total debt | $4.5M | $4.0M | $6.0M | $5.5M | $528M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CSV)
P/E 13.2x · P/S 1.4x · EV/EBITDA 10.1x · EV/Sales 2.7x · P/FCF 15.7x · P/B 2.1x · FCF yield 6.37% · Earnings yield 7.59% · Dividend yield (paid, TTM) 1.21% · Net debt $523M · EV $1.11B
P/E at fiscal year-ends: Dec 2025 12.8x, Dec 2024 18.7x, Dec 2023 11.6x.
Analysts (CSV)
Consensus Buy (mean 1.60 on a 1–5 scale), 5 analysts; mean target USD 51 (low 42, high 65).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-13 | Oppenheimer | Initiated | Outperform | $48 |
Total return (dividends reinvested) (CSV)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -17.3% | -10.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -17.4% | -2.2% |
| Volatility (annualized) | 30.6% | 35.5% |
| Max drawdown | -40.7% (Apr 2026→Sep 2026) | -66.5% (Dec 2021→Nov 2023) |
CSV revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Funeral Home | $65.7M | 63.8% | +0.7% |
| Cemetery | $37.3M | 36.2% | +1.0% |
| Total revenue | $102.9M | 100% | — |
CSV revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Property and merchandise revenue | $47.1M | 45.8% | +1.4% |
| Service revenue | $45.6M | 44.3% | -1.9% |
| Services | $40.4M | 39.3% | -2.2% |
| Merchandise | $17.9M | 17.4% | -1.9% |
| Other revenue | $10.2M | 9.9% | +11.7% |
| Total revenue | $102.9M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
CSV analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.79 | $0.87 | -8.8% | $109.5M | 5 |
| Next quarter (ends Dec 2026) | $0.90 | $0.90 | -0.2% | $114.5M | 4 |
| Current fiscal year (ends Dec 2026) | $3.34 | $3.45 | -3.1% | $433.2M | 5 |
| Next fiscal year (ends Dec 2027) | $3.64 | $3.76 | -3.3% | $455.0M | 5 |
CSV options: expected move
Options price a move of about ±13.5% (±$5.00) by Dec 18, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±5.7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Dec 18, 2026 | 56 | 42.9% | ±13.5% |
| Jan 15, 2027 | 84 | 31.4% | ±12.2% |
| Apr 16, 2027 | 175 | 35.6% | ±19.2% |
30-day implied volatility 39.8% vs 29.3% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:59 UTC)
| Price | USD 36.98 |
|---|---|
| Change | ▲ 3.64% (up) |
| Previous Close | USD 35.68 |
| Open | USD 35.95 |
| Day Range | USD 35.76 – 37.1 |
| 52-Week Range | USD 30.11 – 52.1 |
| Volume | 274,029 shares |
| Market Cap | $587.33M |
| Exchange | NYQ |
Technical Analysis (CSV)
Nexqual's technical model rates CSV "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 09:59 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 66.34 (neutral) |
| vs SMA50 | Above (USD 33.51) |
| MACD | 0.91 (positive) |
Analyst Ratings (CSV)
Wall Street analysts rate CSV "Buy" based on 5 analysts, with a mean price target of USD 51 (range USD 42–65), per Nexqual as of October 23, 2026 at 09:59 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 5 |
| Mean Target | USD 51 |
| High Target | USD 65 |
| Low Target | USD 42 |
| Buy / Hold / Sell | 5 / 0 / 0 |
Earnings (CSV)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.79 |
| Revenue Estimate | $109.47M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.78 vs est 0.82 ▼ miss |
| 2026-03-31 | USD 0.86 vs est 0.88 ▼ miss |
| 2025-12-31 | USD 0.75 vs est 0.81 ▼ miss |
| 2025-09-30 | USD 0.75 vs est 0.73 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:59 UTC.
Financials & Fundamentals (CSV)
| Total Revenue | $417.29M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +0.80% |
| Gross Margin | +38.32% |
| Operating Margin | +23.35% |
| Profit Margin | +10.69% |
| ROE | +17.33% |
| Debt / Equity | 1.97 |
| Current Ratio | 1.46 |
| Total Cash | $2.55M |
| Total Debt | $549.27M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $37.42M (9.0% of revenue) |
Source: Nexqual, October 23, 2026 at 09:59 UTC.
Financial Health Score (CSV)
Nexqual rates Carriage Services, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:59 UTC.
| Growth | Mixed — Revenue +3.3% YoY (annual), slow |
|---|---|
| Profitability | Solid — Gross margin 38%, operating 23% (last 12 months) |
| Balance Sheet | Weak — $3M cash and investments vs $526M debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $37M (last 4 quarters to Jun 2026, SEC), 9% margin |
| Efficiency | Solid — ROE 17%, ROA 4.6% |
Ownership (CSV)
| Insider Ownership | +8.92% |
|---|---|
| Institutional Ownership | +87.59% |
| Shares Outstanding | 15.88M |
| Float | 15.45M |
| Short % of Float | +4.70% |
Source: Nexqual, October 23, 2026 at 09:59 UTC.
Leadership (CSV)
Carriage Services, Inc. is led by Carlos R. Quezada, CEO & Vice Chairman, per Nexqual as of October 23, 2026 at 09:59 UTC.
| CEO & Vice Chairman | Carlos R. Quezada |
|---|---|
| President & COO | Steven D. Metzger |
| Senior VP, CFO & Treasurer | John Enwright |
| Vice President of General Counsel and Secretary | Sam A. Mazzu |
| Vice President Of Sales | Shane T. Pudenz |
Major Backers & Investors (CSV)
Notable institutional backers of Carriage Services, Inc. include FMR, LLC, Fidelity, T. Rowe Price, according to Nexqual as of October 23, 2026 at 09:59 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 15% |
| Fidelity | 9.7% |
| T. Rowe Price | 4.57% |
| Ameriprise Financial, Inc. | 3.43% |
| LSV Asset Management | 3.42% |
| Renaissance Technologies | 2.75% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 6.93% |
| Vanguard Group | 4.06% |
| Dimensional Fund Advisors | 3.99% |
| Geode Capital | 2.4% |
Source: Nexqual, October 23, 2026 at 09:59 UTC.
From Carriage Services, Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- Carriage Services, Inc. ("Carriage," the "Company," "we," "us," or "our") was incorporated in the State of Delaware in December 1993 and is a leading provider of funeral and cemetery services and merchandise in the United States ("U.S.").
- Insurance-funded contracts allow us to earn commission income to improve our near-term cash flow and offset a significant amount of the up-front costs associated with preneed sales.
Partnerships
- In 2023, we entered into an exclusive partnership agreement with a national insurance provider to market and sell prearranged funeral services, for which we received a $6.0 million incentive payment.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in taxation, or the interpretations of tax laws or regulations, as well as the inherent difficulty in quantifying potential tax effects of business decisions could have a material adverse effect on the results of our operations, financial condition, or cash flows.
- New or revised tax laws or regulations could have a material effect on our financial statements.
- We may be subject to additional tax liabilities and penalties resulting from new tax legislation or regulations, which could be enacted at any time, and changes to existing tax laws or regulations, which could be interpreted, amended, or applied in a manner that has a material effect on us, which could materially impact our business and financial condition.
- Unfavorable results of litigation could have a material adverse impact on our financial statements.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ANDG | Andersen Group Inc. | USD 63.54 | ▲ 4.3% |
| BFAM | Bright Horizons Family Solution | USD 70.94 | ▲ 6.01% |
| FTDR | frontdoor, inc. | USD 86.03 | ▲ 6.41% |
| HRB | H&R Block, Inc. | USD 50.08 | ▲ 4.7% |
| SCI | Service Corporation Internation | USD 83.69 | ▲ 3.12% |
| ROL | Rollins, Inc. | USD 35.31 | ▲ 5.56% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:59 UTC. This page is informational and not investment advice.
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