Carriage Services (CSV) Expected to Announce Quarterly Earnings on Wednesday

Carriage Services (NYSE:CSV) will likely be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.51 per share and revenue of $96.72 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Carriage Services Trading Down 0.5 %

Shares of CSV stock opened at $41.01 on Wednesday. The company has a quick ratio of 0.59, a current ratio of 0.72 and a debt-to-equity ratio of 2.03. The business has a 50-day moving average price of $40.26 and a two-hundred day moving average price of $36.36. Carriage Services has a 12-month low of $23.20 and a 12-month high of $42.75. The firm has a market cap of $624.10 million, a P/E ratio of 18.39, a price-to-earnings-growth ratio of 0.98 and a beta of 0.92.

Carriage Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.1125 per share. This represents a $0.45 annualized dividend and a yield of 1.10%. The ex-dividend date is Monday, February 3rd. Carriage Services’s dividend payout ratio (DPR) is currently 20.18%.

Wall Street Analyst Weigh In

Separately, Barrington Research reaffirmed an “outperform” rating and set a $50.00 price target on shares of Carriage Services in a research note on Monday, February 10th.

About Carriage Services

Carriage Services, Inc provides funeral and cemetery services, and merchandise in the United States. It operates in two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation services; funeral home facilities for visitation and memorial services; transportation services; removal and preparation of remains; sale of caskets and urns; cremation services; and related funeral merchandise.