Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
CSV 
Carriage Services Inc (CSV)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
06/13/2025: CSV (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
4 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Year Target Price $52
Year Target Price $52
| 2 | Strong Buy |
| 2 | Buy |
| 0 | Hold |
| 0 | Under performing |
| 0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit -8.72% | Avg. Invested days 34 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/13/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 722.82M USD | Price to earnings Ratio 15.4 | 1Y Target Price 52 |
Price to earnings Ratio 15.4 | 1Y Target Price 52 | ||
Volume (30-day avg) 4 | Beta 0.88 | 52 Weeks Range 25.53 - 46.47 | Updated Date 06/30/2025 |
52 Weeks Range 25.53 - 46.47 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 0.98% | Basic EPS (TTM) 2.99 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 11.5% | Operating Margin (TTM) 24.09% |
Management Effectiveness
Return on Assets (TTM) 4.4% | Return on Equity (TTM) 23.3% |
Valuation
Trailing PE 15.4 | Forward PE 14.71 | Enterprise Value 1265018586 | Price to Sales(TTM) 1.77 |
Enterprise Value 1265018586 | Price to Sales(TTM) 1.77 | ||
Enterprise Value to Revenue 3.1 | Enterprise Value to EBITDA 10.5 | Shares Outstanding 15692900 | Shares Floating 15296061 |
Shares Outstanding 15692900 | Shares Floating 15296061 | ||
Percent Insiders 9.04 | Percent Institutions 75.25 |
Analyst Ratings
Rating 2 | Target Price 52 | Buy 2 | Strong Buy 2 |
Buy 2 | Strong Buy 2 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Carriage Services Inc
Company Overview
History and Background
Carriage Services Inc. was founded in 1991. It operates as a deathcare services and products company, providing funeral and cemetery services. It grew through acquisitions of independent funeral homes and cemeteries.
Core Business Areas
- Funeral Home Operations: Provide a broad range of funeral home services, including embalming, cremation, memorial services, and merchandise sales (caskets, urns, etc.).
- Cemetery Operations: Offer cemetery interment rights, merchandise sales (markers, vaults), and services such as burial and interment.
Leadership and Structure
Mel Payne serves as the Executive Chairman and CEO. The company has a traditional corporate structure with various departments overseeing finance, operations, and sales.
Top Products and Market Share
Key Offerings
- Funeral Services: Includes arrangement, embalming, cremation, memorial services, and transportation. Market share data for individual funeral service providers is fragmented and difficult to ascertain precisely. Competitors are other funeral home chains and independent operators.
- Cemetery Interment Rights: Sale of burial plots, niches for cremated remains, and related interment services. Market share varies by region and competition from other cemeteries. Competitors are other cemetery operators.
- Merchandise (Caskets, Urns, Markers): Sale of caskets, urns, grave markers, and other related merchandise. Competitors are casket manufacturers and other retailers of funeral merchandise.
Market Dynamics
Industry Overview
The deathcare industry is relatively stable and recession-resistant, driven by mortality rates. Increasing cremation rates are changing the industry landscape.
Positioning
Carriage Services operates as a consolidator in a fragmented industry, acquiring and operating funeral homes and cemeteries. Its competitive advantage lies in its scale and operating efficiencies.
Total Addressable Market (TAM)
The global death care market is projected to reach hundreds of billions USD. Carriage Services is positioned to capture a portion of this market through acquisitions and organic growth.
Upturn SWOT Analysis
Strengths
- Established brand and reputation
- Diversified revenue streams (funeral and cemetery)
- Operational efficiencies through consolidation
- Strong management team
- High customer retention
Weaknesses
- High debt levels
- Dependence on acquisitions for growth
- Negative impact of cremation rates on casket sales
- Reputational risks from poor customer service
- Sensitivity to interest rate fluctuations
Opportunities
- Further acquisitions of independent funeral homes and cemeteries
- Expansion into new geographic markets
- Offering pre-need funeral planning services
- Increasing focus on cremation-related services
- Leveraging technology for improved operations
Threats
- Increasing competition from other funeral home chains
- Rising cremation rates impacting traditional burial services
- Economic downturn affecting discretionary spending
- Changes in consumer preferences and funeral customs
- Regulatory changes impacting the industry
Competitors and Market Share
Key Competitors
- SCI
- STON
Competitive Landscape
Carriage Services competes primarily with Service Corporation International (SCI) and other regional and local funeral home and cemetery operators. CSV's advantages include its acquisition strategy and operational efficiencies. CSV's disadvantages include its debt levels and reliance on acquisitions.
Major Acquisitions
The Memorial Park Group
- Year: 2022
- Acquisition Price (USD millions): 82.5
- Strategic Rationale: Expanded market presence in key geographic regions and added high-quality funeral home and cemetery locations.
Growth Trajectory and Initiatives
Historical Growth: Carriage Services has grown primarily through acquisitions. Organic growth has been more modest.
Future Projections: Analyst estimates depend on market conditions and company performance. Research analyst reports for specific projections.
Recent Initiatives: Examples: Implementing operational improvements, focusing on pre-need sales, integrating acquired businesses. Recent information to be inputted here.
Summary
Carriage Services operates in a stable yet evolving industry. Its acquisition-based growth strategy has been successful, but carries risks associated with debt and integration. Facing increasing cremation rates, strategic adjustments are crucial for sustaining profitability. Overall, a moderately strong firm if it adjusts to the current industry landscape.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (SEC), Industry Reports, Analyst Reports
- Third-party financial data providers
Disclaimers:
This analysis is based on available data and general industry knowledge. Financial data should be verified through official sources. This is not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Carriage Services Inc
Exchange NYSE | Headquaters Houston, TX, United States | ||
IPO Launch date 1996-08-08 | CEO & Vice Chairman Mr. Carlos R. Quezada | ||
Sector Consumer Cyclical | Industry Personal Services | Full time employees 1200 | Website https://www.carriageservices.com |
Full time employees 1200 | Website https://www.carriageservices.com | ||
Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment provides consultation services; funeral home facilities for visitation and memorial services; transportation services; removal and preparation of remains; cremation services; and related funeral merchandise, as well as engages in the sale of caskets and urns. The Cemetery Operations segment sells interment rights for grave sites, lawn crypts, mausoleum spaces, and niches; related cemetery merchandise, including memorial markers, outer burial containers, and monuments; and interments, inurnments, and installation of cemetery merchandise services. Carriage Services, Inc. was founded in 1991 and is based in Houston, Texas.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.