HOUSTON, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. ("Carriage" or "Carriage Services") is pleased to announce that it has acquired substantially all the assets of Faith Chapel Funeral Homes & Crematory (collectively, "Faith Chapel"), consisting of two funeral homes and a crematory, located in the Pensacola, Florida market. Mike Atwood, CEO and President of Faith Chapel, stated, “Faith Chapel has served the Pensacola community for sixty years, and our family has been deeply committed to supp ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Carriage Services (CSV) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.Carriage Services is a member of the Consumer Staples s ...

Group 1 - Carriage Services, Inc. has acquired substantially all the assets of Osceola Memory Gardens and related funeral homes and crematories, enhancing its presence in the Orlando, Florida metro market [1][3] - The acquisition includes a combination of a cemetery, six funeral homes, a crematory, and a dedicated cremation business, which serves thousands of families annually [3] - The acquisition aligns with Carriage's growth strategy focused on partnering with premier businesses in large, growing markets, marking a significant step towards its 2030 Vision [3][4] Group 2 - Bob Russell, President of Osceola, expressed confidence in the partnership with Carriage, highlighting their commitment to service and community support [2] - Steve Metzger, President of Carriage Services, emphasized the unique nature of the Osceola businesses and the intention to grow together with the Osceola team [2] - Carlos Quezada, Vice Chairman and CEO, stated that this acquisition reengages Carriage in its long-term growth strategy and reinforces its commitment to purposeful growth [3]

Economic Overview - U.S. consumer confidence dropped to 97.4 in August from 98.7 in July, indicating a decline of 1.3 points, with short-term expectations for income, business conditions, and employment also falling to 74.8 [4][5] - Concerns about the economy have been exacerbated by tariffs imposed by President Trump, which have raised inflation fears and impacted consumer confidence [5][6] - A weak labor market, characterized by slow job additions, has further fueled recession fears, despite low layoffs and unemployment rates [7] Investment Recommendations - Given the economic uncertainty, it is advisable to invest in low-beta defensive stocks from the utility and consumer staples sectors, which include Atmos Energy Corporation (ATO), Fortis, Inc. (FTS), Northwest Natural Holding Company (NWN), Ingredion Incorporated (INGR), and Carriage Services, Inc. (CSV) [2][10] - These stocks are characterized by a beta greater than 0 but less than 1, indicating lower volatility, and they also offer high dividend yields [3] Company Profiles - **Atmos Energy Corporation (ATO)**: Engaged in regulated natural gas distribution and storage, serving approximately 3.3 million customers across eight states. Expected earnings growth rate is 7.2% for the current year, with a beta of 0.75 and a dividend yield of 2.09% [8][9] - **Fortis, Inc. (FTS)**: Operates in the electric and gas utility sector, primarily in Canada and the Caribbean. Expected earnings growth rate is 4.6% for the current year, with a beta of 0.48 and a dividend yield of 3.57% [10][11] - **Northwest Natural Holding Company (NWN)**: Focuses on natural gas distribution systems and pipeline projects, serving residential, commercial, and industrial customers. Expected earnings growth rate is 25.3% for the current year, with a beta of 0.59 and a dividend yield of 4.72% [12][13] - **Ingredion Incorporated (INGR)**: Provides ingredient solutions specializing in nature-based sweeteners and starches, serving various sectors. Expected earnings growth rate is 6.7% for the current year, with a beta of 0.77 and a dividend yield of 2.47% [14] - **Carriage Services, Inc. (CSV)**: A leading provider of death care services in the U.S., offering a range of funeral and burial services. Expected earnings growth rate is 23.4% for the current year, with a beta of 0.86 and a dividend yield of 1.03% [15][16]

Looking more specifically, Carriage Services belongs to the Funeral Services industry, which includes 3 individual stocks and currently sits at #36 in the Zacks Industry Rank. Stocks in this group have gained about 1% so far this year, so CSV is performing better this group in terms of year-to-date returns. Our latest available data shows that CSV has returned about 21.2% since the start of the calendar year. At the same time, Consumer Staples stocks have gained an average of 5.1%. This shows that Carriage ...

Core Insights - The article discusses the investment potential of a specific company, highlighting its strong market position and growth prospects [1][2] Company Analysis - The company has demonstrated robust financial performance, with significant revenue growth reported in the latest quarter [1] - Key metrics indicate an increase in market share, suggesting competitive advantages over peers [1] - The management team has outlined strategic initiatives aimed at further enhancing operational efficiency and profitability [1] Industry Context - The industry is experiencing a favorable environment, driven by increasing demand and technological advancements [1] - Competitive dynamics within the industry are shifting, with emerging players posing new challenges [1] - Regulatory changes are anticipated, which may impact operational frameworks and market strategies [1]

Shares of Carriage Services (CSV) have gained 1.2% over the past four weeks to close the last trading session at $47.49, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $60.33 indicates a potential upside of 27%.The average comprises three short-term price targets ranging from a low of $56.00 to a high of $65.00, with a standard deviation of $4.51. While the lowest estimate indi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________ Commission File Number: 1-11961 CARRIAGE SERVICES, INC. (Exact name of registrant as specified in its charter) Delaware 76-0423828 ( ...

Carriage Services (CSV) Q2 2025 Earnings Call August 07, 2025 09:00 AM ET Speaker0Good day, and thank you for standing by. Welcome to the Carriage Services Second Quarter twenty twenty five Earnings Conference Call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Steve Metzger, President. Please go ahead, sir.Speaker1Good morning, everyone. Thank you for joining us to discuss our second quarter results. In addition to myself, o ...

Group 1: Earnings Performance - Carriage Services reported quarterly earnings of $0.74 per share, exceeding the Zacks Consensus Estimate of $0.72 per share, and up from $0.63 per share a year ago [1] - The earnings surprise for this quarter was +2.78%, following a previous quarter where the company had a surprise of +20% [2] - Over the last four quarters, Carriage Services has consistently surpassed consensus EPS estimates [2] Group 2: Revenue Performance - The company posted revenues of $102.15 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.67%, but slightly down from $102.32 million year-over-year [3] - Carriage Services has also topped consensus revenue estimates in four consecutive quarters [3] Group 3: Stock Performance and Outlook - Carriage Services shares have increased approximately 14.2% since the beginning of the year, outperforming the S&P 500's gain of 7.1% [4] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.73 for the coming quarter and $3.16 for the current fiscal year [5][8] - The Zacks Rank for Carriage Services is currently 3 (Hold), indicating expected performance in line with the market in the near future [7] Group 4: Industry Context - The Funeral Services industry, to which Carriage Services belongs, is currently ranked in the top 16% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9]