CARRIAGE SERVICES INC (CSV)
Consumer Discretionary · Funeral and cemetery services · NYSE
A U.S. regional consolidator of funeral homes and cemeteries offering at-need and preneed deathcare services with exposure to cremation and memorialization trends.
What CARRIAGE SERVICES INC does
Carriage Services is a leading U.S. provider of funeral and cemetery services and merchandise, operating 155 funeral homes across 24 states and 28 cemeteries across 9 states. The company generates approximately 65% of revenue from funeral home operations and 35% from cemetery operations, offering services on both an "at-need" (at time of death) and "preneed" (pre-planned) basis. Products and services include ceremony and tribute, care of remains through burial or cremation, memorialization through monuments and markers, and related merchandise such as caskets and outer burial containers.
Themes: Funeral services / at-need deathcare, Preneed planning and insurance-funded arrangements, Cemetery operations and perpetual care, Cremation services / shifting cremation trends, Regional consolidation in deathcare
Fundamentals
- Price$34.45 as of 2026-08-21 close
- Market cap$547M as of 2026-08-21
- 1-year return-23.7% 2025-08-21 close $45.16 → 2026-08-21 close $34.45
- P/E12.57 as of 2026-08-24
- Net margin+10.6% as of 2026-08-24
- Gross margin+35.4% as of 2026-08-24
- ROE+17.6% as of 2026-08-24
- Debt / equity2.01 as of 2026-08-24
- Revenue growth (YoY)+2.1% as of 2026-08-24
- Revenue CAGR (3y)+4.1% SEC XBRL
- Beta0.77 as of 2026-08-24
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.0%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How CSV compares in its sector
- price-to-earnings ratiobottom 25% 266 covered Consumer Discretionary peers, as of 2026-08-24
- net profit margintop 25% 334 covered Consumer Discretionary peers, as of 2026-08-24
- operating margintop 10% 334 covered Consumer Discretionary peers, as of 2026-08-24
- gross marginmiddle range 331 covered Consumer Discretionary peers, as of 2026-08-24
- return on equitymiddle range 334 covered Consumer Discretionary peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 325 covered Consumer Discretionary peers
- indicated dividend yieldmiddle range 162 covered Consumer Discretionary peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)middle range 311 covered Consumer Discretionary peers, as of FY2025
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, CSV's dividend was covered by reported results (earnings payout 14%, free-cash-flow payout 18%). This describes past coverage, not a forecast.
- Earnings payout14% dividends / net income
- Free-cash-flow payout18% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How CARRIAGE SERVICES INC looks technically
CARRIAGE SERVICES INC (CSV) is trading 18.7% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 39 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 39, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 9 trading days ago. It is 3.2% above its 52-week low (its lowest price of the past year).
Trend
7
| Distance from the 200-day | it is trading 18.7% below its 200-day average, the long-term trend line — a long-term downtrend | -18.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $37.88 | $37.88 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $42.36 | $42.36 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 9 calendar days ago — the swings before that are what the structure reading is measured on | 9 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 39 trading days ago — a "death cross", a bearish long-term signal | 39 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend) | 17.9 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 39, neither overbought (above 70) nor oversold (below 30) | 38.8 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($33.37 to $41.50) — its "stochastic" reading is 13 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 13.3 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 11 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $52.10 | $52.10 |
|---|---|---|
| From the 52-week high | it is 33.9% below its 52-week high (its highest price of the past year) | -33.9% |
| Above the 52-week low | it is 3.2% above its 52-week low (its lowest price of the past year) | +3.2% |
| Below the 52-week high | it is 33.9% below its highest point of the past year | 33.9% |
| Since a 20-day breakout | it made a new 20-day low about 9 trading days ago | 9 sessions |
| Since a 55-day breakout | it made a new 55-day low about 9 trading days ago | 9 sessions |
| All-time high | its highest closing price on record is $66.33 (set on 2021-12-29) | $66.33 |
| Given back of the 52-week move | over the past year its closes ranged ($33.64 to $51.65), and it has recovered only a small part of its fall from last year’s high — 5% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $44.77 to $45.35. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 4.5% |
| From the all-time high | it is 48.1% below its all-time high | -48.1% |
| Nearest price level | it is trading 2.9% above a support level at $33.46 — a price it turned at three times since 2024-09-05, most recently on 2026-08-12. Since 2024-08-21 it has 1 such level below the current price and 10 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -2.9% |
| All-time low | its lowest closing price on record is $1.10 (set on 2009-02-26) | $1.10 |
| Above the all-time low | it is 3031.8% above its all-time low | +3,032% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 99% of the past ~6 months) | 99th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.41 between its high and its low — about 4.1% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.41 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $31.32 and $42.98 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $31.32 – $37.15 – $42.98 |
| Typical daily range (% of price) | its price moves about 4.1% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.1% |
| Stretch from the 200-day average | it is trading 5.6 daily ranges below its 200-day average price (18.7% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 5.6 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.78× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 1.7% since the prior reading | -1.7% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has improved toward "buy" since the prior reading | 0.07 toward buy |
Candlestick patterns
1
| Since a doji | 6 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 6 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 0.3% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.3% |
|---|---|---|
| Open gap | it gapped 3.9% above the previous close 6 sessions ago and has not traded back through the level it left behind at 33.69 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +3.9% |
| Gap filled | a 3.5% gap down opened on 2026-06-16 has been "filled" 18 sessions ago — price traded back through the level the gap left behind, and it took 28 sessions to close | 18 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 8.3 percentage points (the stock lost 6.0% while the market gained 2.3%) | -8.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 24.6 percentage points (the stock lost 21.5% while the market gained 3.1%) | -24.6% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 34.3 percentage points (the stock lost 23.2% while the market gained 11.1%) | -34.3% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 44.2 percentage points (the stock lost 23.7% while the market gained 20.5%) | -44.2% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 11% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 16.5% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -11.4% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 16% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $41.04 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -16.1% |
|---|---|---|
| Vs the average paid since it last reported | the price is 2% below the average price paid since it last reported on 2026-08-05 (its 8-K), so the typical buyer over that stretch is under water. That average is $35.29 — a volume-weighted average of daily closes over 13 sessions, not a true tick-by-tick VWAP. | -2.4% |
Price levels it has turned at before
CSV last closed at $34.45 on 2026-08-21. Since 2024-08-21 it has turned at 1 price below its last close and 10 above; the nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $33.46 | Support | 2.9% below the last close | turned there three times · 2024-09-05 to 2026-08-12 |
| $37.24 | Resistance | 8.1% above the last close | turned there five times · 2024-11-15 to 2026-06-25 |
| $38.14 | Resistance | 10.7% above the last close | turned there twice · 2025-01-13 to 2025-05-01 |
| $39.46 | Resistance | 14.6% above the last close | turned there six times · 2024-12-09 to 2026-07-13 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · trendless / choppy (low ADX) · Analyst price target recently CUT · lagging the market · At the bottom of its 14-day range (stochastic below 20) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.33 mean, 1=Strong Buy…5=Strong Sell) — 6 analysts
- Mean price target$52.67 range $46.00 – $65.00; median $50.00
Analyst estimates, as of 2026-08-19. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for CSV
- Consensus EPS estimate$0.8167 next reporting period, as of 2026-08-19
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Exposure to cremation trend growth, which may reduce traditional burial service demand and associated higher-margin merchandise sales.","Preneed partnership clawback risk: the exclusive insurance partnership agreement (entered 2023) is subject to partial claw-back of a $6.0 million incentive payment if preneed funeral sales volumes do not meet contracted thresholds over the ten-year term.","Dependence on acquisition strategy for growth; 2025 saw acquisitions of 8 funeral homes and 1 cemetery offset by divestitures of 13 funeral homes and 4 cemeteries, creating integration and portfolio management risk."]
What changed in the latest 10-Q
AI-assisted comparison of CSV's 10-Q filed 2026-05-07 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Added:
- ATM Offering Program section added describing May 6, 2026 Equity Distribution Agreement with Oppenheimer & Co. Inc. and Raymond James & Associates, Inc. for up to $100.0 million in at-the-market offering of common stock
- Reference to ATM Program added in Liquidity section under potential capital markets access options
- New cash flow data for three months ended March 31, 2026 showing operating cash of $14.9 million, investing activities outflow of $3.9 million, and financing activities outflow of $9.8 million
- Capital expenditures breakdown table for Q1 2026 showing Growth of $1.696 million and Maintenance of $2.200 million
- Removed:
- Acquisitions subsection removed (older filing described eight funeral homes, one cemetery, and one cremation business acquisition in Florida for $56.5 million during nine months ended September 30, 2025)
- Divestitures subsection removed (older filing described nine funeral homes and four cemeteries sold for $33.8 million plus real property sold for $4.1 million)
- Macroeconomic, Inflationary, and Borrowing Costs section replaced with Macroeconomic and Inflationary Factors section
- Detailed discussion of April 2025 tariff announcements and U.S. government tariff policy details removed
- Reference to Credit Facility Amendment executed during third quarter of 2024 and resulting lower borrowing costs removed
- Reference to Notes 10 and 11 changed to reference only Note 10
- Reworded:
- Funeral Home Operations revenue share changed from 'approximately 70%' to 'approximately 68%'
- Cemetery Operations revenue share changed from 'approximately 30%' to 'approximately 32%'
- Funeral homes count decreased from 159 to 155; both filings maintain 28 cemeteries in 9 states
- Date reference changed from 'September 30, 2025' to 'March 31, 2026' for period-end data
- Macroeconomic section now references 'during 2026' and 'moderate-income consumers' instead of 'during 2025' and 'middle and lower-income consumers'
- Inflation language softened from detailed tariff discussion to more general reference to 'moderating but still elevated inflation' and 'ongoing geopolitical tensions'
- Capital allocation priority order changed: newer filing lists 'potential strategic growth acquisitions' before 'debt repayments', while older filing listed 'debt repayments' first
- Year reference changed in capital allocation discussion from 'For 2025' to 'For 2026'
- Beginning cash position changed from '$1.2 million' (2025) to '$1.7 million' (2026)
- Ending cash position changed from '$1.2 million' (Q3 2025) to '$2.9 million' (Q1 2026)
- Credit Facility borrowings changed from '$134.9 million at September 30, 2025' to '$120.5 million at March 31, 2026'
- Comparative prior year changed from December 31, 2024 baseline to March 31, 2025 baseline for quarterly comparisons
- Notes:
- Older filing text appears truncated at 'The following table se' so full cash flow table comparison not possible
- Comparison spans different reporting periods (Q1 2026 vs. nine-month period ended Q3 2025), making direct operational comparisons potentially misleading
- Document versions appear to address different fiscal timeframes making some section reorganizations reflect reporting structure changes rather than substantive business changes
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for CSV — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding CSV as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 4,173,689
- Reported value $190,570,661
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 3 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
CSV had 457,520 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
CSV had 2.88% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.84 days to cover at the same settlement.
- Reported short interest (shares) 457,520
- Short interest (% of shares outstanding) 2.88%
- Prior settlement (shares) 450,029
- Reported change 1.66%
- Days to cover (reported) 3.84
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Service Corporation International (SCI)
- Dignity Memorial (Stonemor Inc.)
- Matthews International Corporation
- Independent and local funeral home operators
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare CSV vs…
Frequently asked questions
What does CARRIAGE SERVICES INC (CSV) do?
Carriage Services is a leading U.S. provider of funeral and cemetery services and merchandise, operating 155 funeral homes across 24 states and 28 cemeteries across 9 states. The company generates approximately 65% of revenue from funeral home operations and 35% from cemetery operations, offering services on both an "at-need" (at time of death) and "preneed" (pre-planned) basis.
What sector is CARRIAGE SERVICES INC (CSV) in?
CARRIAGE SERVICES INC (CSV) is classified in the Consumer Discretionary sector. Its industry is Funeral and cemetery services. It trades on NYSE.
Does CSV pay a dividend?
Yes — CARRIAGE SERVICES INC (CSV) pays a dividend, with an indicated yield of about 1.98% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are CARRIAGE SERVICES INC's (CSV) competitors?
Notable peers of CARRIAGE SERVICES INC (CSV) include Service Corporation International, Dignity Memorial (Stonemor Inc.), Matthews International Corporation and Independent and local funeral home operators. This peer set is informational only — not financial advice.
Is CARRIAGE SERVICES INC (CSV) overbought or oversold right now?
CARRIAGE SERVICES INC (CSV) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 39, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CSV come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.