CSV Stock Analysis: Carriage | NYSE
Personal Services | NYSE, USA | Market Cap: 608m USD | 12M Return: -18.7% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.65M
EPS Trend: 96.5%
Qual. Beats: 0
Rev. Trend: 96.5%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
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.
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.
- Boomer aging tailwind drives funeral and cemetery volume higher
- Portfolio optimization and divestitures boost segment margins
- Capital allocation through buybacks and bolt-on acquisitions
| Net Income: 44.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 4.81 > 1.0 |
| NWC/Revenue: 1.80% < 20% (prev -0.64%; Δ 2.44% < -1%) |
| CFO/TA 0.05 > 3% & CFO 61.8m > Net Income 44.0m |
| Net Debt (562.3m) to EBITDA (114.3m): 4.92 < 3 |
| Current Ratio: 1.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (15.8m) vs 12m ago 2.53% < -2% |
| Gross Margin: 35.40% > 18% (prev 35.31%; Δ 0.09% > 0.5%) |
| Asset Turnover: 31.74% > 50% (prev 31.98%; Δ -0.23% > 0%) |
| Interest Coverage Ratio: 3.23 > 6 (EBIT TTM 90.4m / Interest Expense TTM 28.0m) |
| A: 0.01 (Total Current Assets 57.1m - Total Current Liabilities 49.6m) / Total Assets 1.35b |
| B: 0.23 (Retained Earnings 308.2m / Total Assets 1.35b) |
| C: 0.07 (EBIT TTM 90.4m / Avg Total Assets 1.31b) |
| D: 0.25 (Book Value of Equity 266.9m / Total Liabilities 1.08b) |
| Altman-Z'' = 1.50 = BB |
| DSRI: 1.25 (Receivables 42.2m/32.9m, Revenue 416.4m/407.8m) |
| GMI: 1.00 (GM 35.31% / 35.40%) |
| AQI: 0.89 (AQ_t 0.65 / AQ_t-1 0.74) |
| SGI: 1.02 (Revenue 416.4m / 407.8m) |
| TATA: -0.01 (NI 44.0m - CFO 61.8m) / TA 1.35b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of July 18, 2026, the stock is trading at USD 37.67 with a total of 99,358 shares traded. Over the past week, the price has changed by -0.53%, over one month by -0.63%, over three months by -22.39% and over the past year by -18.72%.
Current recommended Stop Loss: 36.00 (which is 4.4% or 1.4 ATR below the current price).
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
| Analysts Target Price | 60 | 59.3% |
P/E Trailing = 14.3408
P/E Forward = 11.3766
P/S = 1.4592
P/B = 2.3433
P/EG = 0.835
Revenue TTM = 416.4m USD
EBIT TTM = 90.4m USD
EBITDA TTM = 114.3m USD
Long Term Debt = 522.3m USD (from longTermDebt, last quarter)
Short Term Debt = 4.56m USD (from shortTermDebt, last quarter)
Debt = 565.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 19.2m
Net Debt = 562.3m USD (calculated: Debt 565.3m - CCE 2.91m)
Enterprise Value = 1.17b USD (607.8m + Debt 565.3m - CCE 2.91m)
Interest Coverage Ratio = 3.23 (Ebit TTM 90.4m / Interest Expense TTM 28.0m)
EV/FCF = 12.07x (Enterprise Value 1.17b / FCF TTM 96.9m)
FCF Yield = 8.28% (FCF TTM 96.9m / Enterprise Value 1.17b)
FCF Margin = 23.28% (FCF TTM 96.9m / Revenue TTM 416.4m)
Net Margin = 10.56% (Net Income TTM 44.0m / Revenue TTM 416.4m)
Gross Margin = 35.40% ((Revenue TTM 416.4m - Cost of Revenue TTM 269.0m) / Revenue TTM)
Gross Margin QoQ = 36.41% (prev 34.75%)
Tobins Q-Ratio = 0.87 (Enterprise Value 1.17b / Total Assets 1.35b)
Interest Expense / Debt = 4.94% (Interest Expense 28.0m / Debt 565.3m)
Taxrate = 29.38% (18.3m / 62.4m)
NOPAT = 63.8m (EBIT 90.4m * (1 - 29.38%))
Current Ratio = 1.15 (Total Current Assets 57.1m / Total Current Liabilities 49.6m)
Debt / Equity = 2.12 (Debt 565.3m / totalStockholderEquity, last quarter 266.9m)
Debt / EBITDA = 4.92 (Net Debt 562.3m / EBITDA 114.3m)
Debt / FCF = 5.80 (Net Debt 562.3m / FCF TTM 96.9m)
Total Stockholder Equity = 249.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.35% (Net Income 44.0m / Total Assets 1.35b)
RoE = 17.60% (Net Income TTM 44.0m / Total Stockholder Equity 249.8m)
RoCE = 11.70% (EBIT 90.4m / Capital Employed (Equity 249.8m + L.T.Debt 522.3m))
RoIC = 4.91% (NOPAT 63.8m / Invested Capital 1.30b)
WACC = 5.43% (E(607.8m)/V(1.17b) * Re(7.24%) + D(565.3m)/V(1.17b) * Rd(4.94%) * (1-Tc(0.29)))
Discount Rate = 7.24% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 83.26 | Cagr: 0.95%
[DCF] Terminal Value 77.97% ; FCFF base≈70.3m ; Y1≈80.6m ; Y5≈118.6m
[DCF] Fair Price = 77.04 (EV 1.79b - Net Debt 562.3m = Equity 1.22b / Shares 15.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.45 | EPS CAGR: 17.70% | SUE: -0.23 | # QB: 0
Revenue Correlation: 96.53 | Revenue CAGR: 4.06% | SUE: -1.86 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.81 | Chg30d=+0.00% | Revisions=-29% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.87 | Chg30d=+0.00% | Revisions=+38% | Analysts=5
EPS current Year (2026-12-31): EPS=3.45 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=+7.9% | GrowthRev=+6.0%
EPS next Year (2027-12-31): EPS=3.76 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=+9.0% | GrowthRev=+4.8%
[Analyst] Revisions Ratio: +6% (up=8, down=7)