CARRIAGE SERVICES INC (CSV) Carriage Services, Inc. (CSV) delivers a comprehensive array of funeral and cemetery services, along with associated merchandise, throughout the United States. Its operations are structured into two distinct segments: Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment offers various services, including consultation, the use of funeral home facilities for visitations and memorial services, transportation, and the removal and preparation of remains. This segment also facilitates the sale of burial and cremation services, alongside related products such as caskets and urns. The Cemetery Operations segment provides rights to interment spaces like grave sites, lawn crypts, mausoleum sections, and niches. Furthermore, it supplies complementary cemetery merchandise, including outer burial containers, memorial markers, monuments, and floral arrangements, and performs interments, inurnments, and the installation of these items. As of December 31, 2021, the company oversaw 170 funeral homes located across 26 states and 31 cemeteries in 11 states. Carriage Services, Inc. was established in 1991 and maintains its corporate headquarters in Houston, Texas.
Sector: Services-Personal Services
Industry: Personal Products & Services
Carriage Services, Inc. NYSE:CSV Consumer Cyclical · Personal Products & Services
Mkt Cap $557.63M
Div Yield 1.28%
AH Close $35.11 +0.00% vs close
AH Close $35.11 +0.00% vs close
Mkt Cap $557.63M
Div Yield 1.28%
All Press Release SEC Filings News
Press Release
Carriage Services Announces 2026 Third Quarter Earnings Release and Conference Call Schedule
Carriage Services will release 2026 third quarter results on Wednesday, November 4, 2026, after market close.
The accompanying conference call is scheduled for Thursday, November 5, 2026, at 8:00 a.m. Central Time, with a live webcast and phone dial-in available.
This is a scheduling notice only; no results are reported. The company operates 155 funeral homes in 24 states and 28 cemeteries in 9 states.
• 3d ago AI analysis › Press Release
Carriage Services Declares Quarterly Cash Dividend
Carriage Services declared a quarterly dividend of 11.25 cents per share at its Board meeting on October 15, 2026.
The dividend is payable December 1, 2026 to common shareholders of record as of November 2, 2026.
The company operates 155 funeral homes in 24 states and 28 cemeteries in 9 states as of September 30, 2026.
• 11d ago AI analysis › SEC Filing
CSV: 8-K · material agreement
Carriage Services terminated its $100 million at-the-market equity distribution agreement with Oppenheimer & Co. and Raymond James on October 4, 2026.
The company had not sold any shares under the ATM program and is not subject to any termination penalties.
The termination removes a potential dilution overhang but has no immediate financial impact since the program was never used.
SEC 8-K • 21d ago Press Release ⚠ 2
Carriage Services Announces Capital Allocation Framework and Terminates $100 Million At-the-Market Equity Program
Carriage Services announced a capital allocation framework headlined by termination of its $100 million at-the-market equity program effective October 4, 2026.
Management said issuing equity at current valuations would not reflect intrinsic value and signaled it may repurchase shares when it sees a meaningful performance-to-valuation disconnect.
In a separate release, the company unveiled a new $300 million revolving credit facility led by JPMorgan Chase, replacing its $250 million facility, and lowered its targeted leverage range from 3.5x-4.0x to 3.0x-3.5x ahead of the May 2029 maturity of its $400 million 4.25% Senior Notes.
• 26d ago AI analysis › Press Release ⚠ 2
Carriage Services Announces New $300 Million Credit Facility, Expanding Liquidity and Enhancing Strategic Flexibility
Carriage Services closed a new $300 million senior secured revolving credit facility, replacing its $250 million revolver and increasing committed capacity by $50 million.
The new facility matures September 30, 2031 (versus July 31, 2029 previously) and carries pricing of Term SOFR plus 1.25%-2.00%, with an expected ~50bps reduction in effective borrowing margin at current leverage.
Management framed the refinancing as supporting working capital, capex, and acquisitions, while baseline covenants (5.00x max leverage, 1.20x min fixed-charge coverage) remain unchanged. JPMorgan served as administrative agent and lead bookrunner, with Truist and Regions as joint bookrunners.
• 26d ago AI analysis › Press Release
FICS Completes Fannie Mae Escrow Event-Based Reporting Testing for Both API and CSV Upload Methods
businesswire.com • 27d ago Press Release ⚠ 2
ZettaJoule Appoints Energy Finance Executive Kian Granmayeh as Chief Financial Officer
ZettaJoule, a next-generation nuclear energy company developing high-temperature gas-cooled reactors, has appointed energy finance executive Kian Granmayeh as Chief Financial Officer. His most recent role was Executive Vice President, CFO and Treasurer of Carriage Services Inc. (NYSE: CSV), the filer.
Granmayeh brings more than 17 years of energy finance experience, including leading financing for a multibillion-dollar LNG export project at Tellurian and executing over $1.4 billion in corporate capital markets transactions. He previously served as CFO of two publicly traded companies and earlier worked in Lazard's Energy Banking Group and Apache Corporation's finance organization.
For Carriage Services, the announcement signals the departure of its finance chief to another company, with no successor named in this release. Investors should watch for an issuer 8-K confirming transition timing and the succession plan.
• 1mo ago AI analysis › News
A Look at Carriage Services Inc (CSV) After 3.3% Decline -- GF Value $39.59 vs Price $30.92
gurufocus.com • 1mo ago SEC Filing ⚠ 2
CSV: 8-K · leadership change
Carriage Services announced that Chief Information Officer Rob Franch resigned effective August 13, 2026. The filing explicitly states his resignation was not the result of any disagreement with the company or its board on operations, policies, practices, controls, or financial reporting matters.
Under the separation agreement, Franch receives 12 months of continued salary totaling $365,000 at a $14,038.46 biweekly rate, a pro rata 2026 bonus at his 50% target based on full-year company performance, and up to 18 months of COBRA premium reimbursement. He retains vested equity awards while unvested awards are cancelled.
Franch will provide as-needed consulting and transition assistance through December 31, 2026 and is bound by a one-year non-compete within 50 miles of company deathcare locations. The company has commenced a successor search, and given the amicable nature and modest cost, near-term operational and financial impact appears limited.
SEC 8-K • 2mo ago AI analysis › News
Carriage Services: Volume And Refinancing Concerns Create A Compelling Opportunity
seekingalpha.com • 2mo ago News
Carriage Services Q2 Earnings Call Highlights
marketbeat.com • 2mo ago News
Carriage Services, Inc. (CSV) Q2 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago SEC Filing ⚠ 7
CSV: 10-Q · periodic report
Carriage Services reported Q2 2026 revenue of $102.9 million, up 0.8% year over year, with net income of $12.3 million, up 4.5%, and diluted EPS of $0.77 versus $0.74 a year ago. As of June 30, 2026, the company operated 155 funeral homes in 24 states and 28 cemeteries in 9 states.
Volumes declined across the business: funeral contracts fell 4.0% and preneed interment rights sold dropped 14.0% in the quarter amid a more normalized mortality environment, but pricing gains (average revenue per funeral contract +4.7%, average price per interment right +17.3%) and a 21.1% jump in preneed insurance contracts sold offset much of the decline. First-half net income fell 21.1% to $25.8 million, driven by $7.7 million of prior-year divestiture and real-estate gains that did not repeat.
The balance sheet carries $526.0 million of long-term debt — including $400 million of 4.25% Senior Notes due May 2029 and $124.0 million drawn on its Credit Facility — against just $2.6 million of cash, though the company remained in compliance with all covenants and generated $22.5 million of first-half operating cash flow. A $100 million at-the-market equity program was established in May 2026 with no shares sold to date, leaving dilution potential unused.
During the quarter, the company closed one funeral home acquisition for $4.5 million and elected director Douglas Meehan as Compensation Committee Chair, succeeding Somer Webb, who remains on the board.
SEC 10-Q • 2mo ago AI analysis › News
Carriage Services (CSV) Misses Q2 Earnings and Revenue Estimates
zacks.com • 2mo ago News
Carriage Services (CSV) Reports Q2 Earnings: What Key Metrics Have to Say
zacks.com • 2mo ago Press Release ⚠ 2
Carriage Services Announces Second Quarter 2026 Results and Confirms 2026 Earnings Per Share Midpoint Guidance
Carriage Services reported Q2 revenue of $102.9 million, up 0.8% year-over-year, with Adjusted EPS rising to $0.78 from $0.74 in the prior year.
Despite a 3.5% decline in at-need volume attributed to lower national mortality trends, Adjusted EBITDA margin expanded 70 basis points to 32.3%, driven by pricing power and disciplined cost management.
The company affirmed its full-year 2026 Adjusted EPS guidance range of $3.35 to $3.55 but lowered its revenue outlook to $435 million to $445 million to reflect weaker external demand assumptions.
• 2mo ago AI analysis › News
Carriage Services (CSV) Reports Next Week: Wall Street Expects Earnings Growth
zacks.com • 2mo ago News
Wall Street Analysts See a 50.63% Upside in Carriage Services (CSV): Can the Stock Really Move This High?
zacks.com • 2mo ago News
Carriage Services (CSV) Upgraded to Buy: Here's What You Should Know
zacks.com • 2mo ago News
Is Carriage Services (CSV) Stock Undervalued Right Now?
zacks.com • 2mo ago Press Release
Carriage Services Announces 2026 Second Quarter Earnings Release and Conference Call Schedule
Carriage Services announced it will release its second quarter 2026 financial results after the market closes on Wednesday, August 5, 2026.
A conference call to discuss the results is scheduled for 8:00 a.m. Central Time on Thursday, August 6, 2026.
The company currently operates 155 funeral homes in 24 states and 28 cemeteries in 9 states.
• 3mo ago AI analysis › Press Release
Carriage Services Declares Quarterly Cash Dividend
Carriage Services declared a quarterly cash dividend of 11.25 cents per share, payable on September 1, 2026 to shareholders of record as of August 3.
The company operates 155 funeral homes across 24 states and 28 cemeteries in 9 states as of June 30, 2026.
• 3mo ago AI analysis › News
Carriage Services: Buried But Not Forgotten
seekingalpha.com • 3mo ago News
3 Stocks to Buy and Hold Even if There's a Stock Market Sell-Off in the Second Half of 2026
fool.com • 3mo ago Press Release
Carriage Services Announces Its Entry Into the Greater Knoxville, Tennessee Market with the Acquisition of McCammon Ammons Click Funeral Home
Carriage Services acquired substantially all assets of McCammon Ammons Click Funeral Home in Maryville, Tennessee, marking its entry into the Greater Knoxville market.
The target has served the community for over 100 years, with owners Donnie and Katherine Poteet citing succession planning and legacy protection as key drivers for the sale.
Carriage now operates 155 funeral homes across 24 states and 28 cemeteries in 9 states, continuing its strategy of purposeful growth in Tennessee.
• 4mo ago AI analysis › SEC Filing
CSV: 8-K · proxy statement
Carriage Services, Inc. reported the results of its 2026 Annual Meeting of Shareholders held on May 12, 2026. Nominees Donald D. Patteson, Jr. and Douglas B. Meehan were elected as Class III directors for a three-year term expiring in 2029.
The proposal to declassify the Board of Directors failed to receive the required 80% affirmative vote, with 11,975,332 votes in favor and 16,360 votes against. The advisory vote on executive compensation was approved, and the Second Amendment to the 2017 Omnibus Incentive Plan was also approved by shareholders.
Grant Thornton LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 13,803,398 votes in favor and 43,409 votes against.
SEC 8-K • 5mo ago Press Release
Carriage Services Announces 2026 First Quarter Earnings Release and Conference Call Schedule
Carriage Services plans to release its first quarter 2026 financial results after the market closes on Wednesday, May 6, 2026.
The company has scheduled a conference call to discuss the results for Thursday, May 7, 2026, at 8:00 a.m. Central Time, accessible via phone and webcast.
Carriage Services operates 155 funeral homes across 24 states and 28 cemeteries in 9 states, providing funeral and cemetery services in the United States.
• 6mo ago AI analysis › Recent SEC filings with analysis 
