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, 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.
Carriage Services (CSV) recently shared a significant press release detailing its transformational journey since 2018, highlighting capital allocation priorities and intrinsic share value. The release extends the insights from their 50-page shareholder letter and previous record earnings. CEO Mel Payne reflects on investment philosophy through examples from notable investors. The document emphasizes quality franchises, durable earnings, and sustainable competitive advantages. It also mentions a $400 million bond refinancing and comparisons with Service Corporation International, emphasizing Carriage's robust financial positioning.
Carriage Services closed a private offering of $400 million in 4.25% senior notes due 2029. The proceeds are intended to redeem existing 6.625% senior notes due 2026, set for redemption on June 1, 2021. The 2029 Notes are unsecured and guaranteed by the company's subsidiaries. Additionally, Carriage entered into a $150 million amended senior secured revolving credit facility to support working capital. Approximately $58.8 million is currently borrowed, leaving $89.1 million available. This offering is conducted under Rule 144A and Regulation S without registration under the Securities Act.
Carriage Services, Inc. (NYSE: CSV) has scheduled a conference call on May 14, 2021, at 9:30 a.m. central time to discuss its Senior Notes Refinancing Transaction and a new Roughly Right Range of Intrinsic Value. The call will provide insights into the company’s financial strategy and operational performance. Interested parties can join the call by dialing 866-516-3867 with conference ID 5996527. A replay will be accessible by phone until May 19, 2021. Carriage Services operates 173 funeral homes and 32 cemeteries across the U.S.
Carriage Services has successfully priced its private offering of $400 million in 4.25% senior notes due 2029. The offering is aimed at qualified institutional buyers and certain non-U.S. investors outside the U.S. The notes will be unsecured and backed by guarantees from the company's subsidiaries. The proceeds will be used to redeem existing 6.625% senior notes due 2026. The offering is expected to close on May 13, 2021, subject to customary conditions. This move reflects the company's strategy to optimize its debt structure and reduce interest costs.
Carriage Services, Inc. (CSV) announced a private offering of $400 million in senior notes due 2029. These unsecured notes will be guaranteed by the Company’s subsidiaries and interest will be paid semi-annually. Proceeds will be used to redeem existing 6.625% senior notes due 2026. Additionally, the Company plans to amend its credit facility, which will include a revolving credit of up to $150 million and an accordion feature of up to $75 million. This move aims to enhance financial flexibility and reduce interest expenses.
Carriage Services, Inc. (NYSE: CSV) announced a quarterly dividend of 10¢ per share on April 22, 2021. This dividend will be payable on June 1, 2021, to common share record holders as of May 10, 2021. The company, which provides funeral and cemetery services, operates 173 funeral homes across 26 states and 32 cemeteries in 12 states. This distribution reflects the company's commitment to returning value to its shareholders.