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) 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.
Carriage Services reported a strong first quarter of 2021, with total revenue rising 24.7% to $96.6 million. Field EBITDA increased by 52.1% to $45.8 million, while adjusted diluted EPS rose 131.4% to $0.81. The company achieved a notable reduction in total debt from $461.1 million to $439.4 million, improving the debt to EBITDA ratio to 3.8 times. Adjusted free cash flow surged 115.3% to $27.1 million, reflecting a robust free cash flow margin of 28.1%. The outlook for 2021 and 2022 is optimistic, anticipating continued growth driven by increased cemetery preneed sales and market share gains.
Carriage Services, Inc. (NYSE: CSV) is set to release its 2021 first quarter earnings on April 21, 2021, after market close. The company will host a live conference call to discuss the results on April 22, 2021, at 9:30 a.m. central time. The call can be accessed by dialing 866-516-3867 or online via the company's website. Carriage Services operates 173 funeral homes across 26 states and manages 32 cemeteries in 12 states, making it a leading provider in the funeral and cemetery services sector.
Carriage Services (NYSE: CSV) reported strong financial results for YTD February 2021, highlighting a record in several key performance metrics. Same-store funeral contracts rose by 29.2% to 7,734, with total revenue reaching $65.7 million, a 26.9% increase. Key EBITDA metrics showed a total field EBITDA of $32.2 million (+58.9%) and adjusted diluted earnings per share of $0.64 (+220%). The company is focused on continued growth and plans to refinance $400 million in senior notes under improved terms due to its enhanced credit profile.
Carriage Services, Inc. (NYSE: CSV) announced the extension of Chairman and CEO Mel Payne's employment agreement for seven years, through February 17, 2028. The Board expressed confidence in Payne's leadership, highlighting his contribution to the company's high-performance culture and transformation efforts. The stock option structure for this extension is aligned with the Good To Great II Shareholder Value Creation Plan, with one-third of options vesting at a share price of $53.39 and two-thirds at $77.34. The company operates 176 funeral homes and 32 cemeteries across the U.S.
Carriage Services, Inc. (CSV) reported record financial results for Q4 and FY 2020, with revenues of $90.1 million and $329.4 million, respectively. Adjusted EBITDA reached $28.3 million for Q4 and $104.3 million for the full year, yielding a margin of 31.6%. The company achieved a record diluted EPS of $1.86, reflecting a 48.8% increase year-over-year. Despite a high leverage ratio of 4.4 times, CSV plans to refinance $400 million in senior notes to lower interest costs. The pandemic's impact spurred performance growth, and January 2021 showed continued strong metrics, signaling sustained operational momentum.
Carriage Services, Inc. (NYSE: CSV) announced plans to release its 2020 annual financial results on February 17, 2021, after market close. A conference call to discuss these results is scheduled for February 18, 2021, at 9:30 a.m. CT, available via phone and online. Carriage operates 178 funeral homes and 32 cemeteries across multiple states in the U.S., making it a prominent provider in the funeral and cemetery services sector.