Lumida
/CSV
⌘K
Carriage Services Inc

Carriage Services Inc

CSV
$32.52USD↑+1.03%+0.33 today

MARKET CAP

516.5M

P/E (TTM)

10.2x

FWD P/E

9.1x

DAY RANGE

$32 – $33

52W RANGE

$32
$52

AI Summary

Stalk
Sell NowMedium

The asset is in a Stage 4 decline with clear lower highs and lower lows under declining EMAs, supporting a bearish medium-term bias and short-term timing that favors selling rallies into the 9- and 20-EMA. The long-term uptrend remains intact but is out of phase with the current downtrend, so we recommend selling on rejections at short-term resistance while monitoring for any reclaim of key moving averages.

  • ↑Adjusted diluted EPS grew 5.4% YoY to $0.78 in Q2 2026, sustaining profitability
  • ↑July funeral volumes returned to positive growth, signaling potential second-half momentum
  • ↓Comparable funeral volumes declined 3.5% in Q2, reflecting weakening mortality trends
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The case for & against

Bull & Bear analysis

Bearish

Carriage Services, Inc. (NYSE: CSV) is a prominent player in the death care industry, providing funeral services and cemetery products to families across the United States. The company positions itself as a compassionate and high-quality service provider, navigating a market characterized by declining mortality trends which impact demand for its core services. As Carriage Services operates within the fragmented funeral industry, it benefits from opportunities for acquisitions as it capitalizes on shifting demographics and consumer preferences.

Bull says

  • ↑Adjusted diluted EPS grew 5.4% YoY to $0.78 in Q2 2026, sustaining profitability
  • ↑July funeral volumes returned to positive growth, signaling potential second-half momentum
  • ↑Average revenue per funeral contract rose 3.7%, demonstrating effective pricing power
  • ↑Capital expenditures of $5.3 M focused on cemetery development reduced leverage and borrowing costs
  • ↑Acquisitions like McCammon expand geographic reach and support long-term revenue growth
  • ↑High earnings yield and manageable leverage suggest valuation support and growth capacity

Bear says

  • ↓Comparable funeral volumes declined 3.5% in Q2, reflecting weakening mortality trends
  • ↓Total revenue fell 2.4% YoY to $55.7 M, underscoring top-line pressure
  • ↓Full-year 2026 revenue guidance lowered to $435–445 M, signaling growth headwinds
  • ↓Increased direct cremation competition, especially in Florida, erodes market share
  • ↓Weak growth and negative revisions indicate investor caution on revenue outlook
  • ↓Low profitability metrics and limited institutional interest raise execution and liquidity risks

Earnings Call · Q1 2024 · Mgmt. Guidance

Updated 05-04-2025neutral

Transcript signals

Bull points

  • For the first quarter, our total revenue was $103.5 million, a substantial increase of $8 million or 8.4%. This is a significant milestone for Carriage history as it marks the first time we have surpassed the $100 million mark in a single quarter.
  • These achievements underscore our strong financial position and ability to deliver on our strategic objectives.
  • For the first quarter, our total revenue was $103.5 million, a substantial increase of $8 million or 8.4%. This is a significant milestone for Carriage history as it marks the first time we have surpassed the $100 million mark in a single quarter.

Bear points

  • Despite the expected decrease in total funeral operating volume of 1.9% as part of the post-pandemic normalization, our targeted improvements to our pricing strategy have made a significant positive impact.
  • Despite the expected decrease in total funeral operating volume of 1.9% as part of the post-pandemic normalization, our targeted improvements to our pricing strategy have made a significant positive impact.
  • While interest rates remain high, we are now at a comparable level to previous quarters. And even though we're paying high interest rates, we continue to be focused on committing most of our free cash flow towards debt payments as evidenced by the $25 million of debt that we paid down this quarter.
Read full transcript analysis ›