Carriage Services (CSV)

• Market cap: $616M
• 1 day: 0.65%
• 5 days: -0.34%
• 1 month: 5.83%
• 3 months: 22.93%
• 6 months: 50.37%
• Year to date: 61.21%
• 1 year: 64.29%
• 5 years: 53.57%
• 10 years: 93.87%
• Sector: Consumer Discretionary
• Industry: Personal Services

About: Carriage Services Inc is a provider of funeral and cemetery services and merchandise in the United States. It operates in two business segments: The Funeral Home Operations segment offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services. The Cemetery Operations segment provides services, such as mausoleum crypts, private estates, lawn crypt gardens, traditional single burial gravesites, and burial vaults. The majority of revenue is derived from The Funeral Home Operations segment.

Employees: 2,602

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

63% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 16

45% more call options, than puts

Call options by funds: $3.31M | Put options by funds: $2.29M

26% more capital invested

Capital invested by funds: $272M [Q2] → $343M (+$71.9M) [Q3]

20% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 41

8% more funds holding

Funds holding: 133 [Q2] → 143 (+10) [Q3]

2.07% more ownership

Funds ownership: 66.71% [Q2] → 68.77% (+2.07%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $45 11% upside
• Avg. target: $45 11% upside
• High target: $45 11% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barrington Research Alexander Paris 78% 1-year accuracy 86 / 110 met price target

11% upside $45

Outperform Maintained

31 Oct 2024