Carriage Services Launches ATM Equity Program for Growth
Carriage Services (CSV) announced mixed Q1 2026 results, with slightly lower total revenue but gains in cemetery and financial revenue, alongside higher EBITDA margins. The company also launched a $100 million at-the-market (ATM) equity offering program with Oppenheimer & Co. and Raymond James to secure flexible capital for strategic acquisitions, balance sheet deleveraging, and interest expense reduction. This initiative underscores their commitment to disciplined growth and long-term shareholder value, with analysts currently rating CSV as a Buy with a $60.00 price target.
APR 16·GlobeNewswire→
Carriage Services Declares Quarterly Cash Dividend
Carriage Services, Inc. (NYSE: CSV) announced a quarterly dividend of 11.25¢ per share, payable on June 1, 2026, to shareholders of record as of May 4, 2026. The company operates 155 funeral homes and 28 cemeteries across the United States. Carriage Services specializes in delivering premier funeral and cemetery services.
APR 2·MarketBeat→
JPMorgan Chase & Co. Raises Stock Holdings in Carriage Services, Inc. $CSV
JPMorgan Chase & Co. increased its stake in Carriage Services, Inc. (NYSE:CSV) by 25.6% in the third quarter, now owning 121,273 shares valued at approximately $5.4 million. Despite missing EPS estimates but beating revenue expectations, analysts maintain a "Moderate Buy" rating with a consensus price target of $59.00. The company also announced a recent quarterly dividend of $0.1125 per share, representing a 1.0% yield.
