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Last $23.76 USD
Change Today -0.14 / -0.59%
Volume 52.4K
CSV On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

carriage services inc (CSV) Snapshot

Open
$23.96
Previous Close
$23.90
Day High
$24.09
Day Low
$23.69
52 Week High
05/19/15 - $25.65
52 Week Low
07/24/14 - $15.76
Market Cap
439.8M
Average Volume 10 Days
114.5K
EPS TTM
$1.17
Shares Outstanding
18.5M
EX-Date
05/12/15
P/E TM
20.3x
Dividend
$0.10
Dividend Yield
0.42%
Current Stock Chart for CARRIAGE SERVICES INC (CSV)

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carriage services inc (CSV) Details

Carriage Services, Inc. provides death care services and merchandise in the United States. The company operates in two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment offers burial and cremation services, as well as related merchandise to meet a family’s death care needs, including consultation; the removal and preparation of remains; sale of caskets and related funeral merchandise; use of funeral home facilities for visitation and services; and transportation services. The Cemetery Operations segment provides products and services, such as interment services; the rights to interment in cemetery sites comprising grave sites, mausoleum crypts, and niches; and related cemetery merchandise, including memorials and vaults. As of February 25, 2015, the company operated 165 funeral homes in 27 states; and 32 cemeteries in 11 states. Carriage Services, Inc. was founded in 1991 and is headquartered in Houston, Texas.

988 Employees
Last Reported Date: 02/25/15
Founded in 1991

carriage services inc (CSV) Top Compensated Officers

Founder, Executive Chairman and Chief Executi...
Total Annual Compensation: $1.2M
Vice Chairman and President
Total Annual Compensation: $981.0K
Regional Partner of East
Total Annual Compensation: $385.0K
Regional Partner of West
Total Annual Compensation: $364.0K
Regional Partner of Central
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2014.

carriage services inc (CSV) Key Developments

Carriage Services, Inc. Enters into Sixth Amendment to Credit Agreement

On May 20, 2015, Carriage Services Inc. entered into a sixth amendment to its credit agreement dated August 30, 2012 with its lenders and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. The sixth amendment provides that, among other things, the company may repurchase its equity interests so long as at the time of such purchase (i) no default shall have occurred and be continuing under the credit agreement, (ii) the company shall have at least $15 million of unrestricted cash and undrawn borrowing capacity under the credit agreement and (iii) the Senior Secured Leverage Ratio (as defined in the credit agreement) is less than 3.25 to 1.00.

Carriage Services Announces Retirement of L. William Heiligbrodt, Executive Vice President and Secretary, Effective March 4, 2016

Carriage Services Inc. announced that on May 21, 2015, L. William Heiligbrodt, Executive Vice President and Secretary of the company informed the management of the company of his intent to retire on March 4, 2016. He will serve afterwards as a consultant to Melvin C. Payne, Chief Executive Officer and other members of the company's Operations and Strategic Growth Leadership Team (OSGLT) for two more years in accordance with the terms of his amended employment contract that negotiated at the beginning of 2014 with the goal of finishing the first five year timeframe of Carriage's Good To Great Journey.

Carriage Services Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Carriage Services Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company announced revenues of $63,253,000 compared to $55,652,000 for the same period a year ago. Operating income was $14,519,000 compared to $8,338,000 for the same period a year ago. Income from continuing operations before income taxes was $11,023,000 compared to $2,674,000 for the same period a year ago. Net income from continuing operations was $6,418,000 or $0.09 per basic and diluted common share compared to $1,631,000 or $0.34 per diluted common share for the same period a year ago. Net income available to common stockholders was $6,418,000 or $0.12 per basic and diluted common share compared to $2,218,000 or $0.34 per diluted common share for the same period a year ago. Net cash provided by operating activities was $12,622,000 compared to net cash used in operating activities of $1,618,000 for the same period a year ago. Capital expenditures were $6,398,000 compared to $5,048,000 for the same period a year ago. Adjusted net income was $7,979,000 or $0.42 per diluted share compared to $5,720,000 or $0.31 per basic and diluted share for the same period a year ago. Consolidated EBITDA was $18,930,000 compared to $12,586,000 for the same period a year ago. Adjusted consolidated EBITDA was $19,680,000 compared to $15,113,000 for the same period a year ago. Adjusted free cash flow was $10,776,000 compared to $2,298,000 for the same period a year ago.

 

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CSV Competitors

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Company Last Change
Funespana SA €7.30 EUR 0.00
InvoCare Ltd A$12.60 AUD -0.19
Lung Yen Life Service Corp 80.30 TWD 0.00
StoneMor Partners LP $31.49 USD +0.33
Tear Corp ¥673.00 JPY -6.00
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Industry Analysis

CSV

Industry Average

Valuation CSV Industry Range
Price/Earnings 22.1x
Price/Sales 1.9x
Price/Book 2.4x
Price/Cash Flow 13.6x
TEV/Sales 0.7x
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