CSV Stock Analysis: Carriage | NYSE

Personal Services | NYSE, USA | Market Cap: 541m USD | 12M Return: -21.4% | US1439051079 | Charts, Fundamentals & Technical Analysis

Funerals, Cemeteries, Caskets, Monuments
Total Rating 20
Safety 61
Buy Signal -1.51
Personal Services
Industry Rotation: -25.6
Market Cap: 541M
Avg Turnover: 6.16M
Risk 3d forecast
Volatility39.1%
VaR 5th Pctl6.68%
VaR vs Median3.74%
Reward TTM
Sharpe Ratio-0.79
Rel. Str. IBD5.7
Rel. Str. Peer Group11.9
Character TTM
Beta0.066
Beta Downside-0.170
Hurst Exponent0.464
Drawdowns 3y
Max DD36.62%
CAGR/Max DD0.12
CAGR/Mean DD0.39
EPS (Earnings per Share) EPS (Earnings per Share) of CSV over the last years for every Quarter: "2021-09": 0.82, "2021-12": 0.78, "2022-03": 0.92, "2022-06": 0.58, "2022-09": 0.45, "2022-12": 0.64, "2023-03": 0.56, "2023-06": 0.53, "2023-09": 0.33, "2023-12": 0.77, "2024-03": 0.75, "2024-06": 0.63, "2024-09": 0.64, "2024-12": 0.62, "2025-03": 0.96, "2025-06": 0.74, "2025-09": 0.75, "2025-12": 0.75, "2026-03": 0.86, "2026-06": 0.78,
EPS CAGR: 16.89%
EPS Trend: 95.2%
Last SUE: -0.45
Qual. Beats: 0
Revenue Revenue of CSV over the last years for every Quarter: 2021-09: 95.041, 2021-12: 95.931, 2022-03: 98.161, 2022-06: 90.6, 2022-09: 87.497, 2022-12: 93.916, 2023-03: 95.514, 2023-06: 97.678, 2023-09: 90.494, 2023-12: 98.834, 2024-03: 103.493, 2024-06: 102.318, 2024-09: 100.687, 2024-12: 97.7, 2025-03: 107.069, 2025-06: 102.147, 2025-09: 102.655, 2025-12: 105.482, 2026-03: 106.12, 2026-06: 102.949,
Rev. CAGR: 3.60%
Rev. Trend: 95.1%
Last SUE: -1.45
Qual. Beats: -2

Warnings

High Debt While Negative Cash Flow
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +1.7% 8
Feb -1.2% 5
Mar +0.6% 5
Apr -2.1% 20
May -2.1% 20
Jun +0.4% 17
Jul +0.9% 17
Aug -0.1% 13
Sep -2.7% 32
Oct -0.1% 2
Nov +1.2% 2
Dec +3.4% 14

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: CSV Carriage

Carriage Services, Inc. (NYSE: CSV) is a Houston-based provider of funeral and cemetery services and merchandise across the United States, founded in 1991 and publicly listed since 1996. The company operates through two reportable segments: Funeral Home Operations, which offers consultation, visitation and memorial facilities, transportation, remains preparation, cremation, and the sale of caskets and urns, and Cemetery Operations, which sells interment rights (grave sites, lawn crypts, mausoleum spaces, and niches), cemetery merchandise such as markers and monuments, and related installation services. The deathcare industry in which Carriage competes is characterized by relatively stable, non-cyclical demand driven by demographic mortality trends, and consolidation has been a long-running theme as smaller independent operators are absorbed by larger multi-location providers like CSV.

Headlines to Watch Out For
  • Boomer aging tailwind drives funeral and cemetery volume higher
  • Portfolio optimization and divestitures boost segment margins
  • Capital allocation through buybacks and bolt-on acquisitions
Piotroski VR-10 (Strict) 3.5
Net Income: 44.5m TTM > 0 and > 6% of Revenue
FCF/TA: -0.00 > 0.02 and ΔFCF/TA -5.65 > 1.0
NWC/Revenue: 5.07% < 20% (prev 0.70%; Δ 4.37% < -1%)
CFO/TA 0.04 > 3% & CFO 61.3m > Net Income 44.5m
Net Debt (565.3m) to EBITDA (115.7m): 4.89 < 3
Current Ratio: 1.46 > 1.5 & < 3
Outstanding Shares: last quarter (15.8m) vs 12m ago 2.02% < -2%
Gross Margin: 35.11% > 18% (prev 35.06%; Δ 0.05% > 0.5%)
Asset Turnover: 31.59% > 50% (prev 31.95%; Δ -0.36% > 0%)
Interest Coverage Ratio: 3.28 > 6 (EBIT TTM 90.5m / Interest Expense TTM 27.6m)
Altman Z'' 1.60
A: 0.02 (Total Current Assets 67.6m - Total Current Liabilities 46.5m) / Total Assets 1.37b
B: 0.23 (Retained Earnings 320.5m / Total Assets 1.37b)
C: 0.07 (EBIT TTM 90.5m / Avg Total Assets 1.32b)
D: 0.26 (Book Value of Equity 279.4m / Total Liabilities 1.09b)
Altman-Z'' = 1.60 = BB
Beneish M -2.75
DSRI: 1.22 (Receivables 43.6m/34.8m, Revenue 417.2m/407.6m)
GMI: 1.00 (GM 35.06% / 35.11%)
AQI: 1.13 (AQ_t 0.73 / AQ_t-1 0.65)
SGI: 1.02 (Revenue 417.2m / 407.6m)
TATA: -0.01 (NI 44.5m - CFO 61.3m) / TA 1.37b)
Beneish M = -2.75 (Cap -4..+1) = A
What is the price of CSV shares?

As of September 02, 2026, the stock is trading at USD 33.11 with a total of 112,308 shares traded. Over the past week, the price has changed by -4.86%, over one month by -18.47%, over three months by -18.04% and over the past year by -21.44%.

Current recommended Stop Loss: 31.50 (which is 4.9% or 1.4 ATR below the current price).

Is CSV a buy, sell or hold?

Carriage has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy CSV.

  • StrongBuy: 2
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CSV price?
Analysts Target Price 52.7 59.1%
Carriage (CSV) - Fundamental Data Overview as of 30 August 2026
Market Cap USD = 541.4m (541.4m USD * 1.0 USD.USD)
P/E Trailing = 12.2186
P/E Forward = 10.1317
P/S = 1.2975
P/B = 1.9477
P/EG = 0.6757
Revenue TTM = 417.2m USD
EBIT TTM = 90.5m USD
EBITDA TTM = 115.7m USD
Long Term Debt = 526.0m USD (from longTermDebt, last quarter)
Short Term Debt = 4.71m USD (from shortTermDebt, last quarter)
Debt = 567.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 18.5m
Net Debt = 565.3m USD (calculated: Debt 567.8m - CCE 2.55m)
Enterprise Value = 1.11b USD (541.4m + Debt 567.8m - CCE 2.55m)
Interest Coverage Ratio = 3.28 (Ebit TTM 90.5m / Interest Expense TTM 27.6m)
EV/FCF = -355.1x (Enterprise Value 1.11b / FCF TTM -3.12m)
FCF Yield = -0.28% (FCF TTM -3.12m / Enterprise Value 1.11b)
FCF Margin = -0.75% (FCF TTM -3.12m / Revenue TTM 417.2m)
Net Margin = 10.67% (Net Income TTM 44.5m / Revenue TTM 417.2m)
Gross Margin = 35.11% ((Revenue TTM 417.2m - Cost of Revenue TTM 270.7m) / Revenue TTM)
Gross Margin QoQ = 34.04% (prev 36.41%)
Tobins Q-Ratio = 0.81 (Enterprise Value 1.11b / Total Assets 1.37b)
Interest Expense / Debt = 4.86% (Interest Expense 27.6m / Debt 567.8m)
Taxrate = 28.87% (18.1m / 62.7m)
NOPAT = 64.4m (EBIT 90.5m * (1 - 28.87%))
Current Ratio = 1.08 (Total Current Assets 67.6m / Total Current Liabilities 62.8m)
Debt / Equity = 2.03 (Debt 567.8m / totalStockholderEquity, last quarter 279.4m)
Debt / EBITDA = 4.89 (Net Debt 565.3m / EBITDA 115.7m)
 Debt / FCF = -181.3 (out of range, set to none) (Net Debt 565.3m / FCF TTM -3.12m)
 Total Stockholder Equity = 260.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.37% (Net Income 44.5m / Total Assets 1.37b)
RoE = 17.07% (Net Income TTM 44.5m / Total Stockholder Equity 260.8m)
RoCE = 11.51% (EBIT 90.5m / Capital Employed (Equity 260.8m + L.T.Debt 526.0m))
RoIC = 4.87% (NOPAT 64.4m / Invested Capital 1.32b)
WACC = 4.80% (E(541.4m)/V(1.11b) * Re(6.21%) + D(567.8m)/V(1.11b) * Rd(4.86%) * (1-Tc(0.29)))
Discount Rate = 6.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.30 | Cagr: 1.53%
 [DCF] Fair Price = unknown (Cash Flow -3.12m)
 EPS Correlation: 95.20 | EPS CAGR: 16.89% | SUE: -0.45 | # QB: 0
Revenue Correlation: 95.14 | Revenue CAGR: 3.60% | SUE: -1.45 | # QB: -2
EPS current Quarter (2026-09-30): EPS=0.82 | Chg30d=-5.91% | Revisions=-57% | Analysts=6
EPS current Year (2026-12-31): EPS=3.39 | Chg30d=-1.85% | Revisions=-50% | GrowthEPS=+5.9% | GrowthRev=+4.4%
EPS next Year (2027-12-31): EPS=3.63 | Chg30d=-3.51% | Revisions=-57% | GrowthEPS=+7.1% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: -79% (up=0, down=11)