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Carriage Services, Inc. (CSV)

NYSE - NYSE Delayed Price. Currency in USD
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35.36+0.55 (+1.58%)
At close: 4:00PM EST
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  • C
    Cameron S
    csv has been in my portfolio for almost 2 years now and with an aging population should continue to be a good investment for many years to come. Slow and steady upward trend is my thought. Yes, I am hoping it goes up.
  • Y
    Yahoo Finance Insights
    Carriage Services reached an all time high at 35.41
  • Y
    Yahoo Finance Insights
    Carriage Services reached an all time high at 35.00
  • J
    Jim
    With Covid-19 going on does anyone think that Carriage Services is not buzy?
  • Y
    Yahoo Finance Insights
    Carriage Services reached an all time high at 34.34
  • Y
    Yahoo Finance Insights
    Carriage Services reached an all time high at 30.13
  • Y
    Yahoo Finance Insights
    Carriage Services reached an all time high at 32.63
  • Y
    Yahoo Finance Insights
    Carriage Services reached an all time high at 31.04
  • P
    Planet Ocean Seamaster
    So this is a Covid play ?
  • Y
    Yahoo Finance Insights
    Carriage Services reached a 52 Week high at 28.93
  • Y
    Yahoo Finance Insights
    Carriage Services reached an all time high at 29.62
  • T
    TheRam
    Hmm...Dead money.
  • Y
    Yahoo Finance Insights
    Carriage Services is up 5.56% to 31.51
  • J
    Jon
    Funeral services must be booming. Will we see a raise in the stock?
  • K
    Knight933
    I’m pleasantly surprised management instituted a new 5 year incentive comp program that only rewards executives if CSV’s stock grows at a CAGR of 25%, 30%, or 35% between Dec 31 2018 – 2023. I take this as a very bullish sign that they are confident they can get the stock significantly higher from here...They get nothing unless CSV is $47.30 on 12/31/2023. From the earnings release last night:

    "Carriage’s Board and I believe it is important to have the 2019 long term incentive program for the current leaders of the company aligned with long term shareholder value creation. Accordingly we have created a one-time, “Believe It or Not” (BION) Shareholder Value Creation Incentive Program for certain operating and support leaders and myself. Performance shares awarded from BION will only vest after five years if Carriage’s share price compounds at a 25% rate of return or higher from our closing price of $15.50 on December 31, 2018, which equates to a CSV minimum share price of $47.30 on December 31, 2023 and a five year total increase of at least 205%.

    The program will also award additional performance shares at compound rates of share price increases of 30% or higher (minimum $57.55) and 35% or higher (minimum $69.50), five year total increases of 271% and 348%, respectively. The BION program is purposefully designed to provide one-time rewards for the participants only if there is significant long term shareholder value created, and because there is no performance award below a 25% compounded return, the current cost to EPS over the five year time-frame is only about 2.5¢/share annually. Moreover, because awards are paid in appreciated shares, the maximum potential dilution to shareholders is about 2% at the 25% compound share price growth category, 3% at the 30% compound category and 4% at the 35% compound category. Carriage’s long term shareholders will be the big winners of this program"
  • K
    Knight933
    This stock is ridiculously undervalued; doesn’t make sense for a stable funeral home company to trade at a free cash flow yield of 10.9%. Management had a lot of courage to buyback almost 6% of the shares at $16 during the drop in Q4-18. That was a brilliant move that will pay off for years to come as they now only have 18 million shares, and with $38.5M of 2019 free cash flow, this is trading at 9.2x FCF, far too cheap. Listen to the Q4 earnings; I bet management is being conservative on 2019.
  • D
    Drew
    As the death count rises, this company will sky 🚀 get ahead of the curve and buy now while still low
  • B
    Bruce
    Great 2nd quarter results !
  • R
    Renegade Quark
    I hate this new format.
  • Y
    Yahoo Finance Insights
    Carriage Services is down 5.19% to 16.43