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Carriage Services ( (CSV) ) has issued an update.
On May 6, 2026, Carriage Services reported first-quarter 2026 results showing total revenue of $106.1 million, down slightly from a year earlier as lower funeral volume offset growth in cemetery and financial revenue. Cemetery revenue rose 6% on stronger preneed sales and higher average prices, financial revenue climbed 15.7%, and adjusted consolidated EBITDA increased 2.4% with margin expansion, even as GAAP diluted EPS fell 37.3% and adjusted EPS declined 10.4% due largely to prior-year divestiture gains and a higher tax rate.
The company also announced on May 6, 2026 that it entered an Equity Distribution Agreement with Oppenheimer & Co. and Raymond James to establish an at-the-market equity offering program of up to $100 million in common stock. Management framed the ATM as a flexible, opportunistic source of low-cost capital to fund selective, accretive acquisitions, further deleverage the balance sheet, and lower interest expense over time, reinforcing a disciplined capital allocation strategy and signaling a focus on purposeful growth and long-term shareholder value.
The most recent analyst rating on (CSV) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Carriage Services stock, see the CSV Stock Forecast page.
Spark’s Take on CSV Stock
According to Spark, TipRanks’ AI Analyst, CSV is a Neutral.
The score is driven primarily by mixed financial quality: historically steady profitability and improved leverage are outweighed by uncertainty from the 2025 revenue/metric disruption and weaker free cash flow. Technicals are supportive with price strength above major moving averages, while valuation is reasonable but not compelling. Earnings call guidance is constructive for 2026, though higher capex and cost/tax headwinds limit upside.
To see Spark’s full report on CSV stock, click here.
More about Carriage Services
Carriage Services, Inc., listed on the NYSE under ticker CSV, operates in the death care industry, providing funeral and cemetery services and related financial products. The company generates revenue from funeral contracts, cemetery interment rights, and insurance-funded preneed funeral and cemetery sales, with a growing focus on higher-value preneed cemetery offerings and strategic acquisitions in key regional markets such as Florida.
Average Trading Volume: 93,082
Technical Sentiment Signal: Strong Buy
Current Market Cap: $749.6M
Learn more about CSV stock on TipRanks’ Stock Analysis page.