Loading...
Docoh
Log in Free sign up

Carriage Services (CSV)

Founded in 1991, Carriage Services has become a funeral market leader that is currently operating 230+ funeral homes and cemeteries nationwide. The team spans 2000+ team members composed of local people serving their communities at the highest level of service. This is an organization that aims to work with the best funeral homes and cemeteries in the country.

Company profile

Ticker
CSV
Exchange
NYSE
Website
www.carriageservices.com
CEO
Melvin C. Payne
Employees
Incorporated
Delaware
Location
Texas
Fiscal year end
Dec 31
Sector
Other Services (except Public Administration) > Funeral Homes and Funeral Services
Industry (SIC)
Services - Personal Services
Service Corp. International • H&R Block • StoneMor • StoneMor • Regis • WW International • Unifirst • Smart Share Global • European Wax Center • Spark Networks SE ...
SEC CIK
0001016281
Corporate docs
Subsidiaries
Carriage Funeral Holdings, Inc. • CFS Funeral Services, Inc. • Carriage Holding Company, Inc. • Carriage Funeral Services of Michigan, Inc. • Carriage Funeral Services of Kentucky, Inc. • Carriage Funeral Services of California, Inc. • Carriage Cemetery Services of Idaho, Inc. • Carriage Services of Connecticut, Inc. • CSI Funeral Services of Massachusetts, Inc. • CHC Insurance Agency of Ohio, Inc. ...
IRS number
760423828

CSV stock data

News

From Benzinga Pro
This Healthcare Stock Tumbled 43%; Here Are 88 Biggest Movers From Yesterday
29 Jul 22
Gainers Athersys, Inc. (NASDAQ: ATHX) climbed 71.1% to close at $0.3250 on Thursday after gaining 10% on Wednesday. Athersys is expected to release its Q2 financial results on Thursday, August 11, 2022.
Barrington Research Maintains Outperform on Carriage Servs, Lowers Price Target to $55
29 Jul 22
Barrington Research analyst Alexander Paris maintains Carriage Servs (NYSE:CSV) with a Outperform and lowers the price target from $65 to $55.
12 Consumer Discretionary Stocks Moving In Thursday's Intraday Session
28 Jul 22
Stocks That Hit 52-Week Lows On Thursday
28 Jul 22
Recap: Carriage Servs Q2 Earnings
27 Jul 22

Press releases

From Benzinga Pro
Carriage Services Announces Closing of Funeraria San Juan Funeral Homes
8 Aug 22
HOUSTON, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE:CSV) ("Carriage" or "Carriage Services") is pleased to announce that it has acquired substantially all the assets of Funeraria San Juan ("San
Carriage Services Announces Second Quarter and Six Months Ended June 30, 2022 Results
27 Jul 22
HOUSTON, July 27, 2022 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE:CSV): today announced results for the second quarter and six months ended June 30, 2022. Second Quarter Revenue of $90.6 million, GAAP Diluted
Carriage Services Announces 2022 Second Quarter Earnings Release and Conference Call Schedule
20 Jul 22
HOUSTON, July 20, 2022 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE:CSV) today announced plans to release 2022 second quarter results on Wednesday, July 27, 2022 after the market closes. In conjunction with the

Analyst ratings and price targets

Last 3 months
Barrington Research
Maintains
Outperform
$55.00
29 Jul 22

Calendar

2 Aug 22
16 Aug 22
31 Dec 22

Financial summary

Financial statements Chart CSV financial data
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 1.06M 1.06M 1.06M 1.06M 1.06M 1.06M
Cash burn (monthly) (no burn) 36.25K (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) n/a 56.91K n/a n/a n/a n/a
Cash remaining n/a 1M n/a n/a n/a n/a
Runway (months of cash) n/a 27.6 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

CSV insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
8 Aug 22 Steven D Metzger Common Stock Buy Acquire P No No 37.65 1,000 37.65K 8,796
5 Aug 22 Shawn R Phillips Common Stock Buy Acquire P No No 34.315 1,150 39.46K 106,019
5 Aug 22 Peggy Schappaugh Common Stock Buy Acquire P No No 36.68 700 25.68K 20,501
4 Aug 22 Carlos R. Quezada Common Stock Buy Acquire P No No 36.33 1,500 54.5K 8,634
30 Jun 22 Achille Messac Common Stock Grant Acquire A No No 39.65 913 36.2K 8,990
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

CSV institutional ownership history Ownership history
63.2% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 155 159 -2.5%
Opened positions 16 35 -54.3%
Closed positions 20 9 +122.2%
Increased positions 40 32 +25.0%
Reduced positions 69 66 +4.5%
13F shares Current Prev Q Change
Total value 617.71M 1.16B -46.6%
Total shares 11.58M 12.01M -3.5%
Total puts 0 64.2K EXIT
Total calls 197.5K 264.2K -25.2%
Total put/call ratio – 0.2 –
Largest owners Shares Value Change
Dimensional Fund Advisors 1.21M $64.65M -2.7%
AMP Ameriprise Financial 1.16M $61.69M +9.9%
BLK Blackrock 1.1M $58.64M -3.8%
Vanguard 946.96K $50.5M +6.8%
Global Alpha Capital Management 946.91K $50.5M +6.0%
Renaissance Technologies 830.5K $44.29M -5.7%
STT State Street 402.03K $21.44M -0.8%
Arrowstreet Capital, Limited Partnership 307.88K $16.42M -11.4%
Fenimore Asset Management 280.6K $14.97M -0.2%
Geode Capital Management 278.61K $14.86M +4.7%
Largest transactions Shares Bought/sold Change
Mill Road Capital Management 162.88K -154.56K -48.7%
FMR 222 -123.87K -99.8%
Kennedy Capital Management 176.2K -110.32K -38.5%
DB Deutsche Bank AG - Registered Shares 122.01K +106.24K +673.8%
AMP Ameriprise Financial 1.16M +104.69K +9.9%
MS Morgan Stanley 101.9K +69.87K +218.2%
EAM Investors 0 -68.46K EXIT
Nuveen Asset Management 148.16K -68.33K -31.6%
Vanguard 946.96K +60.53K +6.8%
LSV Asset Management 97.38K -60.02K -38.1%
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

?
Competition
StoneMor • StoneMor
Risks
  • We may be adversely affected by the effects of inflation.
Management Discussion
  • The term “same store” refers to funeral homes and cemeteries acquired prior to January 1, 2018 and owned and operated for the entirety of each period being presented, excluding certain funeral home and cemetery businesses that we intend to divest in the near future.
  • The term “acquired” refers to funeral homes and cemeteries purchased after December 31, 2017, excluding any funeral home and cemetery businesses that we intend to divest in the near future. This classification of acquisitions has been important to management and investors in monitoring the results of these businesses and to gauge the leveraging performance contribution that a selective acquisition program can have on total company performance.
  • The term “divested” when discussed in the Funeral Home Segment, refers to two funeral homes we sold and one funeral home we merged with another business in an existing market in the first six months of 2022 and three funeral homes we sold in the first six months of 2021. The term “divested” when discussed in the Cemetery Segment, refers to one cemetery we sold during 2021.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: beneficial, Bloomberg, broader, BSBY, discretionary, factor, felt, Franch, grid, inflation, inflationary, joined, labor, largely, light, magnitude, manufacturing, marketplace, modest, raw, recruitment, Rob, shipping, structure, twelve, weakening, wide
Removed: comprising, conform, scenario, slightly, statutory, surrendered, uncertainty, updated, withheld
From filing 10-Q 2022 Q2
Financial reports
View all
10-Q
2022 Q2
Quarterly report
2 Aug 22
10-Q
2022 Q1
Quarterly report
3 May 22
10-K
2021 FY
Annual report
2 Mar 22
10-Q
2021 Q3
Quarterly report
3 Nov 21
10-Q
2021 Q2
Quarterly report
4 Aug 21
10-Q
2021 Q1
Quarterly report
5 May 21
10-K
2020 FY
Annual report
2 Mar 21
10-Q
2020 Q3
Quarterly report
3 Nov 20
10-Q
2020 Q2
Quarterly report
4 Aug 20
10-Q
2020 Q1
Quarterly report
27 May 20
Current reports
View all
8-K
Results of Operations and Financial Condition
28 Jul 22
8-K
Entry into a Material Definitive Agreement
1 Jun 22
8-K
Departure of Directors or Certain Officers
20 May 22
8-K
Carriage Services Announces First Quarter Results
29 Apr 22
8-K
Carriage Services Announces Record Fourth Quarter and Full Year 2021 Results
24 Feb 22
8-K
Entry into a Material Definitive Agreement
23 Nov 21
8-K
Results of Operations and Financial Condition
29 Oct 21
8-K
Results of Operations and Financial Condition
30 Jul 21
8-K
Carriage Services Announces Executive Team Appointments and Promotions
2 Jun 21
8-K
Departure of Directors or Certain Officers
19 May 21
Registration and prospectus
View all
S-8
Registration of securities for employees
22 Feb 22
S-3
Shelf registration
1 Jun 20
S-8
Registration of securities for employees
23 May 18
S-8
Registration of securities for employees
18 May 17
S-3/A
Shelf registration (amended)
18 Apr 17
S-3
Shelf registration
9 Apr 17
S-3
Shelf registration
6 Apr 14
S-8
Registration of securities for employees
28 May 12
424B3
Prospectus supplement
1 Mar 11
S-3
Shelf registration
13 Jan 11
Proxies
View all
DEF 14A
Definitive proxy
1 Apr 22
DEFR14A
Revised proxy
6 Apr 21
DEF 14A
Definitive proxy
5 Apr 21
DEF 14A
Definitive proxy
7 Apr 20
DEF 14A
Definitive proxy
3 Apr 19
DEF 14A
Definitive proxy
3 Apr 18
DEF 14A
Definitive proxy
4 Apr 17
DEF 14A
Definitive proxy
4 Apr 16
DEF 14A
Definitive proxy
5 Apr 15
DEF 14A
Definitive proxy
8 Apr 14
Other
View all
UPLOAD
Letter from SEC
16 Feb 22
CORRESP
Correspondence with SEC
3 Feb 22
CORRESP
Correspondence with SEC
6 Jan 22
UPLOAD
Letter from SEC
12 Dec 21
CORRESP
Correspondence with SEC
1 Nov 21
UPLOAD
Letter from SEC
25 Oct 21
CORRESP
Correspondence with SEC
4 Oct 21
UPLOAD
Letter from SEC
21 Sep 21
EFFECT
Notice of effectiveness
12 Jun 20
CORRESP
Correspondence with SEC
8 Jun 20
Ownership
View all
4
CARRIAGE SERVICES / Peggy Schappaugh ownership change
8 Aug 22
4
CARRIAGE SERVICES / Steven D Metzger ownership change
8 Aug 22
4
CARRIAGE SERVICES / Shawn R Phillips ownership change
5 Aug 22
4
CARRIAGE SERVICES / Carlos R. Quezada ownership change
4 Aug 22
4
CARRIAGE SERVICES / GREG M BRUDNICKI ownership change
5 Jul 22
4
CARRIAGE SERVICES / Douglas B. Meehan ownership change
5 Jul 22
4
CARRIAGE SERVICES / Bryan Leibman ownership change
5 Jul 22
4
CARRIAGE SERVICES / Donald Douglas Patteson Jr ownership change
5 Jul 22
4
CARRIAGE SERVICES / Achille Messac ownership change
5 Jul 22
4
CARRIAGE SERVICES / Carlos R. Quezada ownership change
23 May 22

Transcripts

View all
2002 Q2
Earnings call transcript
31 Jul 22
2022 Q1
Earnings call transcript
30 Apr 22
2021 Q4
Earnings call transcript
26 Feb 22
2021 Q3
Earnings call transcript
29 Oct 21
2021 Q2
Earnings call transcript
28 Jul 21
2021 Q1
Earnings call transcript
22 Apr 21
2020 Q4
Earnings call transcript
18 Feb 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
30 Jul 20
2020 Q1
Earnings call transcript
20 May 20

Reddit threads

View all