Carriage Services (CSV) trades at a steep discount, with shares at ~$34 and a fair value estimate of $55, offering a compelling margin of safety. CSV's core business benefits from secular demographic tailwinds and a fragmented industry ripe for accretive acquisitions at 7–9x EBITDA multiples. Key risks include refinancing $400M in 2029 senior notes at higher rates and potential macro headwinds, but prudent capital allocation and deleveraging mitigate downside.
Carriage Services NYSE: CSV reported higher second-quarter adjusted earnings and EBITDA despite lower funeral volumes, as the company cited pricing gains, growth in insurance-funded preneed contracts and cost discipline. Management also updated its 2026 outlook to reflect softer-than-expected mortality trends in the first half and later timing for anticipated acquisitions.
Carriage Services, Inc. (CSV) Q2 2026 Earnings Call Transcript
Carriage Services (CSV) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.74 per share a year ago.
The headline numbers for Carriage Services (CSV) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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Carriage Services (CSV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The consensus price target hints at a 50.6% upside potential for Carriage Services (CSV). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Carriage Services (CSV) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Carriage Services is rated BUY, supported by compelling EV/EBITDA valuation and improving balance sheet metrics. CSV's growth is driven by M&A in a fragmented industry and internal efficiency gains from the Trinity ERP rollout. Leverage ratios are trending down, with management targeting 3.5–4x; interest coverage remains healthy at 3.5x TTM.
Carriage Services NYSE: CSV reported first-quarter 2026 results that management said reflected steady execution despite a difficult year-over-year comparison, as lower funeral volumes were offset in part by gains in cemetery operations and pre-need sales.