Welcome to our dedicated page for Carriage Svcs news (Ticker: CSV), a resource for investors and traders seeking the latest updates and insights on Carriage Svcs stock.
Carriage Services, Inc. (NYSE: CSV) is a U.S. provider of funeral and cemetery services and merchandise. The CSV news page on Stock Titan aggregates company announcements, earnings releases, acquisition updates, and dividend declarations drawn from Carriage Services’ public communications.
In its 2025 news flow, the company has highlighted financial results for multiple quarters, including detailed GAAP and non-GAAP metrics such as total revenue, operating income, net income, diluted EPS, adjusted consolidated EBITDA, adjusted diluted EPS, and adjusted free cash flow. Releases also summarize operating metrics like funeral contracts, average revenue per funeral contract, preneed interment rights sold, and burial and cremation rates.
Carriage Services’ news also covers strategic acquisitions and portfolio changes. Examples include the acquisition of Faith Chapel Funeral Homes & Crematory in the Pensacola, Florida market and the acquisition of Osceola Memory Gardens and related funeral home and cremation businesses in the Orlando, Florida metro area, as well as divestitures of non-core funeral homes and a cemetery. Management commentary connects these transactions to a broader growth and capital allocation strategy.
Investors following CSV news can also see announcements of quarterly cash dividends, with details on dividend amounts, record dates, and payment dates, along with schedules for earnings conference calls and webcasts. By reviewing this news feed, readers can track how operating trends, preneed sales, acquisitions, divestitures, leverage, and dividend decisions are described by the company over time.
Bookmark this page to quickly access the latest Carriage Services press releases and related coverage as they are issued and referenced in regulatory filings.
Carriage Services reported strong Q1 2025 financial results, with total revenue reaching $107.1 million, representing a 3.5% growth year-over-year. The company achieved a significant GAAP net income growth of 200.1%, reaching $14.0 million compared to the prior year quarter.
Key highlights include a 4.6% increase in funeral operating revenue, driven by a 2.3% rise in funeral average revenue per contract. The company's adjusted diluted EPS grew 28% to $0.96, up from $0.75 in the previous year. Notably, the company successfully divested non-core assets for $18.7 million and reduced its leverage ratio from 5.0x to 4.2x by paying down $17.0 million in debt.
The company's 2025 outlook projects total revenue between $400-410 million and adjusted consolidated EBITDA of $128-133 million, despite expected impact from planned divestitures. The cremation rate increased to 60.5% while the burial rate slightly decreased to 33.2%.
Carriage Services (NYSE: CSV) has announced a quarterly dividend declaration of 11.25 cents per share. The dividend was declared by the Board of Directors on April 17, 2025, and will be payable on June 2, 2025, to shareholders of record as of May 5, 2025.
The company, which operates 160 funeral homes across 25 states and 28 cemeteries in 10 states, is a leading provider of funeral and cemetery services and merchandise in the United States.
Carriage Services (NYSE: CSV) has announced it will release its 2025 first quarter financial results on Wednesday, April 30, 2025, after market close. The company will host a conference call and webcast to discuss the results on Thursday, May 1, 2025, at 8:00 a.m. Central Time.
Investors can access the call by dialing 888-256-1007 (Conference ID 2607303) or through the webcast link. An audio archive will be available on the company's website. Carriage Services operates 160 funeral homes across 25 states and 28 cemeteries in 10 states, positioning itself as a leading provider of funeral and cemetery services in the United States.
Carriage Services (NYSE: CSV) has announced an expanded national partnership with Express Funeral Funding (EFF), a leader in at-need insurance assignment funding. The collaboration aims to enhance Carriage's product portfolio and service delivery by integrating EFF's insurance assignment funding solutions across all Carriage businesses.
The partnership will leverage EFF's advanced technology and systems to provide families with comprehensive funeral funding options. Carlos Quezada, CEO of Carriage Services, emphasized the shared commitment to quality and premier experiences, while Andy Buckman, President of Express Funeral Funding, expressed enthusiasm about creating new opportunities through the partnership.
Carriage Services (NYSE: CSV) reported its Q4 and full year 2024 results, exceeding guidance for adjusted EBITDA and EPS while hitting the high end of revenue targets. The company achieved total revenue of $404.2 million, representing 5.7% growth year-over-year, driven by a 26.7% increase in cemetery preneed sales and 3.1% growth in funeral average revenue per contract.
Key financial metrics include GAAP diluted EPS of $2.10 (down 1.9%) and adjusted diluted EPS of $2.65 (up 21.0%). The company successfully reduced its leverage ratio from 5.1x to 4.3x by paying down $42.1 million in debt.
For 2025, CSV projects revenue of $400-410 million, adjusted consolidated EBITDA of $128-133 million, and adjusted diluted EPS of $3.10-$3.30. The guidance accounts for planned divestitures of non-core assets expected to reduce 2025 revenue by ~$7.9 million and field EBITDA by ~$2.3 million.
Carriage Services (NYSE: CSV) has announced its schedule for releasing 2024 annual results. The company will disclose its annual results on Wednesday, February 26, 2025, after market close, followed by a conference call on Thursday, February 27, 2025, at 9:30 a.m. Central Time.
The earnings conference call will be accessible via phone by dialing 888-394-8218 (Conference ID 3831963) or through a live webcast. An audio archive will be available on the company's website afterward.
Carriage Services operates as a leading provider of funeral and cemetery services in the United States, managing 162 funeral homes across 26 states and 31 cemeteries in 11 states. The company focuses on delivering premier experiences through innovation, partnership, and elevated service.
Carriage Services (NYSE: CSV) has announced its Board of Directors declared a quarterly dividend of 11.25¢ per share. The dividend will be payable on March 3, 2025, to shareholders of record as of February 3, 2025. The company, which operates 162 funeral homes across 26 states and 31 cemeteries in 11 states, is a leading provider of funeral and cemetery services in the United States.
Carriage Services (NYSE: CSV) has been ranked #33 on Forbes' Most Successful Small Companies for 2025. The recognition highlights the company's growth, innovation, and dedication to serving families in the funeral and cemetery sector. CEO Carlos Quezada attributed the achievement to the team's passion and commitment to excellence.
The ranking is based on Forbes' analysis of performance metrics including revenue growth, profitability, and innovation, along with qualitative factors such as leadership, impact, and culture. Carriage Services currently operates 162 funeral homes across 26 states and 31 cemeteries in 11 states, positioning itself as a leading provider of funeral and cemetery services in the United States.
Carriage Services (NYSE: CSV) has appointed John Enwright as Senior Vice President, Chief Financial Officer and Treasurer, effective January 2, 2025. Enwright brings over 25 years of financial leadership experience, most recently serving as CFO at Edible Brands, His previous roles include CFO at Vera Bradley for five years and a 15-year tenure at Tiffany & Company.
The appointment aligns with Carriage's three strategic objectives: disciplined capital allocation, purposeful growth, and relentless improvement. CEO Carlos R. Quezada expressed confidence that Enwright's financial expertise and strategic acumen will help accelerate growth, enhance operational excellence, and strengthen the company's foundation.
Carriage Services (NYSE: CSV) reported strong Q3 2024 results with revenue of $100.7 million, up 11.3% year-over-year. The growth was driven by a 27.1% increase in consolidated cemetery preneed sales and a 3.1% increase in funeral average revenue per contract. GAAP net income grew 112.4%, with diluted EPS rising to $0.63 from $0.30. The company improved its leverage ratio to 4.3x from 5.3x and paid down $15.0 million in debt. Based on strong performance, Carriage Services increased its 2024 guidance to $395-$405 million in revenue, $120-$125 million in adjusted EBITDA, and adjusted diluted EPS of $2.45-$2.55.
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