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) delivers professional funeral and cemetery services through a national network of providers. This news hub provides investors and industry professionals with centralized access to all official corporate announcements, financial updates, and strategic developments.
Key resources include quarterly earnings reports, merger/acquisition announcements, leadership changes, and operational updates. Our curated feed ensures timely access to filings, press releases, and market-moving information directly from the company.
Regular updates cover regulatory developments, service expansion initiatives, and community partnership announcements specific to the deathcare sector. Content is verified against primary sources to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined tracking of CSV's performance in the essential services sector. Combine our news updates with SEC filings and industry analysis tools available through Stock Titan for comprehensive research.
On April 20, 2023, Carriage Services, Inc. (NYSE: CSV) announced a quarterly dividend of 11.25¢ per share, scheduled for payment on June 1, 2023. This dividend will be available to shareholders on record as of May 8, 2023. Carriage Services is a prominent provider of funeral and cemetery services across the United States, operating 173 funeral homes in 26 states and 32 cemeteries in 11 states.
Carriage Services, Inc. (NYSE: CSV) will release its 2023 first quarter earnings on May 3, 2023, after market close. Following the earnings release, a conference call is scheduled for May 4, 2023, at 9:30 a.m. CT, which will be accessible via audio conferencing and a webcast link. Carriage Services is a prominent provider of funeral and cemetery services in the U.S., operating 173 funeral homes and 32 cemeteries across various states.
Carriage Services, Inc. (NYSE: CSV) has successfully acquired substantially all assets of Greenlawn Funeral Homes, Cemeteries and Cremations, and Wood Family Funeral Service, which includes three funeral homes, two cemeteries, and a cremation business in Bakersfield, California. This acquisition enhances Carriage's market presence, as Greenlawn holds a nearly 40% market share in the region. The move aligns with Carriage's strategy to partner with high-quality independent funeral services, aiming to strengthen their market position and expand their service capabilities.
Carriage Services, Inc. (NYSE:CSV) has announced the appointment of Kian Granmayeh as Executive Vice President, Chief Financial Officer, and Treasurer, effective March 13, 2023. Granmayeh has previously held executive positions, including CFO of Tellurian, and has a strong background in finance and investor relations. Chairman and CEO Mel Payne expressed enthusiasm for Granmayeh's strategic approach and leadership qualities, emphasizing the company’s commitment to growth and a people-driven culture. Mel Payne, recovering from health issues, reassured stakeholders of ongoing leadership and strategic initiatives aimed at sustainable growth.
Carriage Services, Inc. (NYSE: CSV) announced its 2022 financial results on February 22, 2023, reporting a 10.5% compound annual growth in total revenue compared to pre-COVID 2019. The company achieved a 27.8% growth in adjusted diluted EPS and a 25% increase in net income year-over-year. The fourth quarter results surpassed expectations due to an increased number of non-COVID-19 related deaths. The acquisition of Greenlawn Funeral Homes is anticipated to close soon, and 2023 guidance projects total revenue of $375-$385 million and adjusted EBITDA of $110-$115 million. The firm aims to reduce debt leverage to 4.0-4.3 times by 2024.
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