Company profile

Ticker
CSV
Exchange
CEO
Melvin C. Payne
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
760423828

CSV stock data

(
)

Calendar

30 Oct 19
29 Jan 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 66.13M 67.75M 69.08M 66.52M
Net income 577K 4.86M 6.53M
Diluted EPS -0.14
Net profit margin 0.87% 7.18% 9.45%
Operating income 11.94M 13.19M 15.6M 5.93M
Net change in cash 5.13M 11K 30K -8.83M
Cash on hand 5.81M 685K 674K 644K
Cost of revenue 48.07M 48.5M 47.48M 48.7M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 267.99M 258.14M 248.2M 242.5M
Net income 11.65M 37.19M 19.58M 20.85M
Diluted EPS 0.63 2.09 1.12 1.12
Net profit margin 4.35% 14.41% 7.89% 8.60%
Operating income 43.31M 48.94M 50.2M 48.65M
Net change in cash -308K 0 -2.33M 2.75M
Cash on hand 644K 952K 952K 3.29M
Cost of revenue 192.05M 181.34M 168.55M 164.99M

Financial data from company earnings reports

13F holders
Current Prev Q Change
Total holders 110 100 +10.0%
Opened positions 19 10 +90.0%
Closed positions 9 18 -50.0%
Increased positions 36 29 +24.1%
Reduced positions 32 41 -22.0%
13F shares
Current Prev Q Change
Total value 3.01B 315.22M +854.7%
Total shares 13.66M 13.83M -1.2%
Total puts 0 1 -100.0%
Total calls 0 3 -100.0%
Total put/call ratio 0.3
Largest owners
Shares Value Change
FMR 1.65M $33.74M -27.4%
Dimensional Fund Advisors 1.53M $31.19M -1.2%
BLK BlackRock 1.26M $25.72M +2.0%
Renaissance Technologies 1.26M $25.71M -0.1%
Vanguard 945.34K $19.32M -9.3%
Global Alpha Capital Management 516.41K $10.56M -0.2%
Fenimore Asset Management 436.15K $8.92M -1.8%
Kennedy Capital Management 379.34K $7.75M -31.0%
STT State Street 362.69K $7.41M -3.1%
AMP Ameriprise Financial 280.15K $5.73M +24.8%
Largest transactions
Shares Bought/sold Change
FMR 1.65M -622.05K -27.4%
Kennedy Capital Management 379.34K -170.27K -31.0%
Citadel Advisors 162.95K +143.15K +723.3%
Millennium Management 199.69K +106.63K +114.6%
Vanguard 945.34K -96.68K -9.3%
Assenagon Asset Management 83.51K +83.51K NEW
Allianz Asset Management GmbH 58.33K -82.17K -58.5%
WINTON 76.42K +76.42K NEW
Oxford Asset Management 74.72K +74.72K NEW
AMP Ameriprise Financial 280.15K +55.68K +24.8%

Financial report summary

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Competition
StoneMor Partners
Management Discussion
  • The term “divested” when discussed in the Funeral Home Segment, refers to businesses sold or businesses we ceased to operate in the periods presented. The term “divested” when discussed in the Cemetery Segment, refers to three cemetery businesses that we ceased to operate on September 30, 2018, as a result of an expired management agreement. Cemetery property amortization, Field depreciation expense and Regional and unallocated funeral and cemetery costs, are not included in Operating profit, a non-GAAP financial measure. Adding back these items will result in Gross profit, a GAAP financial measure.
  • Funeral home same store operating revenue for the three months ended September 30, 2019 increased $1.3 million. In the fourth quarter of 2018, we revised our funeral home standards operating model by eliminating the average revenue per contract standard to emphasize our focus on growing operating revenue and serving more families. As a result, we experienced a 6.6% increase in same store contract volumes, while we experienced a decrease of 3.2% in the average revenue per contract compared to the three months ended September 30, 2018.
  • Same store operating profit for the three months ended September 30, 2019 increased $1.2 million when compared to the three months ended September 30, 2018 and the comparable operating profit margin increased 190 basis points to 36.2%. The increase is primarily due to the increase in same store revenue and better management of expenses as operating expenses remained flat for the comparable period. We experienced significant savings in salaries and benefits which decreased 1.6% as a percentage of revenue, as a result of changes implemented in the fourth quarter in 2018, which included assessing leadership and support teams at each business to ensure an optimal personnel mix, improving social media presence and reviewing pricing on merchandise and services to maximize operational efficiencies.
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