Carriage Svcs Inc Stock Price, News & Analysis

Carriage Services (NYSE: CSV) reported strong fourth quarter results for 2021, with revenue of $95.9 million, a 6.5% increase, and adjusted diluted EPS of $0.78, up 36.8%. Full-year revenue reached a record $375.9 million, reflecting a 14.1% rise, while adjusted diluted EPS grew 62.4% to $3.02. The company has invested $142.5 million repurchasing shares and announced a new $75 million stock repurchase program. Looking ahead, Carriage established a three-year performance outlook, projecting revenue between $380-$390 million in 2022. The intrinsic value per share range has increased to $70-$80.

Carriage Services, Inc. (NYSE: CSV) will release its 2021 annual results on February 23, 2022, after market close. Following this, a conference call is scheduled for February 24, 2022, at 9:30 a.m. CST, which will be accessible via phone or online at the company's website. Carriage Services operates 170 funeral homes and 31 cemeteries across the U.S., providing essential funeral and cemetery services.

Carriage Services, Inc. (NYSE: CSV) declared a quarterly dividend of 11.25¢ per share on January 20, 2022. The dividend will be payable on March 1, 2022, to shareholders on record as of February 7, 2022. Carriage Services is a prominent provider of funeral and cemetery services in the U.S., operating 170 funeral homes across 26 states and managing 31 cemeteries in 11 states.

Carriage Services reported third quarter revenue of $95.0 million with adjusted diluted EPS at $0.82, marking significant growth compared to previous quarters. The company executed share repurchases totaling $118.7 million and increased intrinsic value per share to a range of $65 to $75. A 5-cent increase in quarterly dividends was declared, totaling 45 cents per share annually. The performance metrics indicate strong momentum, particularly in September. Carriage's effective capital allocation highlights ongoing acquisition discussions and a commitment to enhancing shareholder returns.

Carriage Services, Inc. (CSV) plans to release its third quarter 2021 results on October 27, 2021, post-market close. The company will host a conference call to discuss these results on October 28, 2021, at 9:30 a.m. CT. Interested parties can participate via phone or by streaming online through the company's website. Carriage Services provides funeral and cemetery services across the United States, operating 171 funeral homes and 32 cemeteries in multiple states.

Carriage Services, Inc. (NYSE: CSV) reports record second-quarter and first-half results for 2021, with total revenue reaching $88.3 million, a 13.9% increase year-over-year. Same Store Cemetery Revenue surged 42.8% to $16.5 million, contributing to an overall total field EBITDA of $40.0 million (+20.4%). Adjusted diluted EPS rose 42.2% to $0.64. The company repurchased 325,000 shares at approximately $38 per share, enhancing intrinsic value projections to a range of $55 to $65. Cash flow metrics showed a decrease in free cash flow, while the debt-to-EBITDA ratio remains manageable at 3.95x.

On July 21, 2021, Carriage Services, Inc. (NYSE: CSV) announced a quarterly dividend of 10¢ per share, set to be paid on September 1, 2021, to shareholders recorded as of August 9, 2021. The company operates 171 funeral homes across 26 states and manages 32 cemeteries in 11 states, positioning itself as a leading provider in the funeral and cemetery services sector in the U.S.

Carriage Services, Inc. (NYSE: CSV) will release its second quarter 2021 results on July 27, 2021, after market close. A conference call to discuss these results is set for July 28, 2021, at 9:30 a.m. CT, available via phone or online. Carriage Services operates 171 funeral homes and 32 cemeteries across the U.S., positioning itself as a significant player in the funeral and cemetery services industry.

Carriage Services, Inc. (CSV) has established a new Strategic Vision and Principles Group marking its Thirtieth Anniversary. This group includes Chairman and CEO Mel Payne, alongside Ben Brink, Steve Metzger, and Carlos Quezada, who are each promoted to Executive Vice President roles. The company aims for significant growth and is targeting a share price of $77.34 by the end of 2024, with a projected 40% compounded return from its May 2020 price of $14.38. The new leadership structure is intended to enhance operational and financial performance across their funeral and cemetery services.