Carriage Services Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 24.92
Dividend & Yield0.45$ (1.33%)
Beta 0.83
Market capitalization 505.98M
Operating cash flow 61.02M
ESG Scores unknown

Company description

Carriage Services, Inc. provides funeral and cemetery services, and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment engages in the provision of consultation, funeral home facilities for visitation and memorial services, and transportation services; removal and preparation of remains; and sale of burial and cremation services, and related merchandise, such as caskets and urns. The Cemetery Operations segment provides interment rights for grave sites, lawn crypts, mausoleum spaces, and niche; related cemetery merchandise, including outer burial containers, memorial markers, monuments, and floral placements; and interments, inurnments, and installation of cemetery merchandise services. As of December 31, 2021, it operated 170 funeral homes in 26 states and 31 cemeteries in 11 states. Carriage Services, Inc. was founded in 1991 and is based in Houston, Texas.

Sector: Consumer Cyclical - Industry: Personal Services

Financial Ratios
Quick Ratio0.54
Working Capital-1.61
Return On Equity0.26
Debt To Equity4.32
Fixed Asset Ratio0.02
Fixed Interest Cover3.7

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -412k 3.23M 5.53M 1.2M
Total Cashflows From Investing Activities -158.89M -34.42M -12.54M -52.49M
Net Borrowings 131.07M -42.91M 98.39M 34.42M
Total Cash From Financing Activities 115.74M -48.32M -71.45M -8.51M
Change To Operating Activities -658k 10.46M 16k -11.03M
Issuance Of Stock 1.45M 1.23M 2.64M 1.75M
Net Income 14.53M 16.09M 33.16M 41.38M
Change In Cash 72k 173k 259k 22k
Effect Of Exchange Rate
Total Cash From Operating Activities 43.22M 82.92M 84.25M 61.02M
Depreciation 18.44M 20.11M 21.16M 20.37M
Change To Account Receivables -5.8M -4.28M -4.09M -5.36M
Other Cashflows From Financing Activities -2.03M -247k -22.53M -922k
Change To Netincome 18.19M 31.68M 31.17M 10.41M
Capital Expenditures -15.38M -15.2M -24.88M -26.08M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 22.42M 24.64M 44.3M 57.19M
Net Income 14.53M 16.09M 33.16M 41.38M
Selling General Administrative 25.88M 27.25M 35.19M 37.47M
Gross Profit 91.95M 118.93M 142.12M 132.54M
Ebit 52.29M 78.67M 94.33M 81.75M
Operating Income 52.29M 78.67M 94.33M 81.75M
Interest Expense -25.76M -32.73M -25.46M -25.89M
Income Tax Expense 7.88M 8.55M 11.14M 15.81M
Total Revenue 274.11M 329.45M 375.89M 370.17M
Cost Of Revenue 182.15M 210.52M 233.76M 237.63M
Total Other Income ExpenseNet -29.87M -54.03M -50.02M -24.56M
Net Income From Continuing Ops 14.53M 16.09M 33.16M 41.38M
Net Income Applicable To Common Shares 14.47M 16.04M 33.11M 41.35M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 903.19M 905.32M 1.05B 1.06B
Total Stockholder Equity 226.57M 240.5M 128.01M 137.13M
Other Current Liabilities 7.13M 9.04M 3.98M
Total Assets 1.13B 1.15B 1.18B 1.19B
Common Stock 259k 260k 263k 264k
Other Current Assets 5.11M 157k 125k 149k
Retained Earnings 86.21M 102.3M 135.46M 176.84M
Treasury Stock -102.05M -102.05M -244.52M -278.75M
Cash 716k 889k 1.15M 1.17M
Total Current Liabilities 35.59M 48.37M 60.79M 45.47M
Other Stockholder Equity
Property, Plant, and Equipment 301.5M 290.25M 287.25M 295.17M
Total Current Assets 39.85M 35.33M 40.21M 37.97M
Net Tangible Assets -200.87M -178.83M -289.77M -301.76M
Net Receivables 25.44M 25.1M 29.38M 24.96M
Accounts Payable 8.41M 11.26M 14.21M 11.68M


Insider Transactions

Here are the insider transactions of stock shares related to Carriage Services Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
PAYNE MELVIN CStock Award(Grant) at price 32.69 per share.D2023-02-22Chief Executive Officer30.78k
PHILLIPS SHAWN RStock Award(Grant) at price 32.69 per share.D2023-02-22Senior Vice President7.47k
ELLIOTT PAUL DONALDStock Award(Grant) at price 32.69 per share.D2023-02-22Senior Vice President7.47k
OLANIYAN ADEOLAStock Award(Grant) at price 32.69 per share.D2023-02-22Officer2.64k
METZGER STEVEN DStock Award(Grant) at price 32.69 per share.D2023-02-22General Counsel12.12k
SCHAPPAUGH PEGGYStock Award(Grant) at price 32.69 per share.D2023-02-22Officer6.24k
QUEZADA CARLOS RStock Award(Grant) at price 32.69 per share.D2023-02-22President14.55k
PUDENZ SHANEStock Award(Grant) at price 32.69 per share.D2023-02-22Officer5.7k
FRANCH ROB PAULStock Award(Grant) at price 32.69 per share.D2023-02-22Chief Technology Officer7.26k
PAPE ROBBIEStock Award(Grant) at price 32.69 per share.D2023-02-22Divisional Officer7.26k
BRINK CARL BENJAMINStock Award(Grant) at price 27.54 per share.D2023-01-03Chief Financial Officer30k
FINGERHUT BARRY KStock Award(Grant) at price 27.54 per share.D2022-12-30Director1.31k
BRUDNICKI GREG MStock Award(Grant) at price 27.54 per share.D2022-12-30Unknown181
PATTESON DONALD DOUGLAS JR.Purchase at price 27.50 per share.I2022-12-30Director1k
OLANIYAN ADEOLASale at price 27.50 per share.D2022-12-30Officer500
MEEHAN DOUGLAS B.Stock Award(Grant) at price 27.54 per share.D2022-12-30Director1.27k
MEEHAN DOUGLAS B.Stock Award(Grant) at price 27.79 per share.I2022-12-30Director3.6k
MEEHAN DOUGLAS B.Purchase at price 27.79 per share.I2022-12-30Director3.6k
MESSAC ACHILLEStock Award(Grant) at price 27.54 per share.D2022-12-30Director1.31k
PUDENZ SHANESale at price 27.52 per share.D2022-12-29Officer124
METZGER STEVEN DPurchase at price 26.98 per share.D2022-12-20General Counsel1k
OLANIYAN ADEOLASale at price 26.99 per share.D2022-12-19Officer1.03k
QUEZADA CARLOS RPurchase at price 25.14 per share.D2022-12-15President2k
BRINK CARL BENJAMINPurchase at price 25.85 per share.D2022-12-14Chief Financial Officer4k
BRUDNICKI GREG MStock Award(Grant) at price 32.16 per share.D2022-09-30Member of Committee or Advisory Board155
MEEHAN DOUGLAS B.Stock Award(Grant) at price 32.16 per share.D2022-09-30Director1.09k
MESSAC ACHILLEStock Award(Grant) at price 32.16 per share.D2022-09-30Director1.13k
PAYNE MELVIN CStock Gift at price 34.09 per share.D2022-09-16Chief Executive Officer3k
PAYNE MELVIN CStock Gift at price 34.56 per share.D2022-09-14Chief Executive Officer5k
PATTESON DONALD DOUGLAS JR.Purchase at price 36.50 per share.D2022-08-30Director1k
METZGER STEVEN DPurchase at price 37.65 per share.D2022-08-08General Counsel1k
PHILLIPS SHAWN RPurchase at price 34.31 per share.D2022-08-05Senior Vice President1.15k
SCHAPPAUGH PEGGYPurchase at price 36.68 per share.D2022-08-05Officer700
QUEZADA CARLOS RPurchase at price 36.33 per share.D2022-08-04President1.5k
BRUDNICKI GREG MStock Award(Grant) at price 39.65 per share.D2022-06-30Unknown126
PATTESON DONALD DOUGLAS JR.Stock Award(Grant) at price 39.65 per share.D2022-06-30Director252
LEIBMAN BRYAN DStock Award(Grant) at price 39.65 per share.D2022-06-30Director325
MEEHAN DOUGLAS B.Stock Award(Grant) at price 39.65 per share.D2022-06-30Director882
MESSAC ACHILLEStock Award(Grant) at price 39.65 per share.D2022-06-30Director913
QUEZADA CARLOS RPurchase at price 37.93 per share.D2022-05-20President1.5k
FINGERHUT BARRY KStock Award(Grant) at price 53.33 per share.D2022-03-31Director679
BRUDNICKI GREG MStock Award(Grant) at price 53.33 per share.D2022-03-31Unknown93
PATTESON DONALD DOUGLAS JR.Stock Award(Grant) at price 53.33 per share.D2022-03-31Director187
LEIBMAN BRYAN DStock Award(Grant) at price 53.33 per share.D2022-03-31Director468
MEEHAN DOUGLAS B.Stock Award(Grant) at price 53.33 per share.D2022-03-31Director656
MESSAC ACHILLEStock Award(Grant) at price 53.33 per share.D2022-03-31Director679
OLANIYAN ADEOLASale at price 54.66 per share.D2022-03-25Officer595
OLANIYAN ADEOLAConversion of Exercise of derivative security at price 26.54 per share.D2022-03-25Officer3.54k
PHILLIPS SHAWN RSale at price 51.16 per share.D2022-03-07Senior Vice President1.2k
PHILLIPS SHAWN RConversion of Exercise of derivative security at price 20.06 per share.D2022-03-07Senior Vice President7k
OLANIYAN ADEOLASale at price 49.49 per share.D2022-02-18Officer526

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Carriage Services Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Carriage Services Inc

Here is the result of two systematic investment strategies applied to Carriage Services Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Carriage Services Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Carriage Services Inc:

Carriage Services Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 76.97% on the backtest period.

Performance at glance

Performance

76.97 %

Latent gain

1730.2 $

Invested capital

2247.8 $

Annualized return

18.59 %
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Momentum strategy results on Carriage Services Inc

This is the result of two momentum investment strategies applied to Carriage Services Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Carriage Services Inc

The following chart shows all the entries opened by the momentum investment system on Carriage Services Inc:

Carriage Services Inc momentum entries
  • The first momentum investment strategy would give 94.21% of return on Carriage Services Inc. That represents 4030.89$ of latent gain with 4278.71$ of employed capital.
  • The second momentum investment strategy would give 98.29% of return on Carriage Services Inc. That represents 2234.76$ of latent gain with 2273.64$ of employed capital.
Performance at glance (1Q Momentum)

Performance

94.21 %

Latent gain

4030.89 $

Invested capital

4278.71 $

Annualized return

40.88 %
Performance at glance (2Q Momentum)

Performance

98.29 %

Latent gain

2234.76 $

Invested capital

2273.64 $

Annualized return

26.86 %

Momentum equity curve on Carriage Services Inc

The following chart shows the equity curve of the two momentum strategies applied to Carriage Services Inc:

Carriage Services Inc momentum equity

Note: the dividends potentially given by Carriage Services Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Carriage Services Inc

The following chart shows the employed capital evolution of the two momentum strategies on Carriage Services Inc since the beginning:

Carriage Services Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Carriage Services Inc

Buy the dip entry openings on Carriage Services Inc

Carriage Services Inc

The performance achieved by the robo-advisor on Carriage Services Inc is 87.49%. That represents 1113.77$ of latent gain with 1273.03$ of employed capital. The following chart shows Carriage Services Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Carriage Services Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

87.49 %

Latent gain

1113.77 $

Invested capital

1273.03 $

Annualized return

40.88 %

Equity curve of the strategy applied to Carriage Services Inc

The following chart shows the result of the investment strategy applied to Carriage Services Inc:

Carriage Services Inc

Note: the dividends potentially given by Carriage Services Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Carriage Services Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Carriage Services Inc:

Carriage Services Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Carriage Services Inc

In this section, I will compare the three previous investment strategies applied to Carriage Services Inc.

Equity curve comparison on Carriage Services Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Carriage Services Inc investment strategy comparison

Employed capital comparison on Carriage Services Inc

Carriage Services Inc investment comparison

Performance comparison on Carriage Services Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 76.97% 1730.2$ 2247.8$ 18.59%
Momentum 1 quarter 94.21% 4030.89$ 4278.71$ 24.16%
Momentum 2 quarters 98.29% 2234.76$ 2273.64$ 26.86%
Non-directional 87.49% 1113.77$ 1273.03$ 40.88%
Annualized return comparison

Automatic investment

18.59 %

Momentum 1Q

26.86 %

Momentum 2Q

26.86 %

Non-directional

40.88 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Carriage Services Inc:

Positive correlations

Most correlated stocks this year

  • Carriage Services Inc

  • Most correlated stocks last 3 months

  • Steel Connect Inc
  • United Insurance Holdings Corp
  • Codorus Valley Bancorp Inc
  • Sandridge Energy Inc New
  • Cedar Fair L.P.
  • Big 5 Sporting Goods Corp
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  • Customers Bancorp Inc
  • Flushing Financial Corp
  • Franklin Resources Inc
  • Hawaiian Holdings Inc
  • Capital City Bank Group Inc
  • First Of Long Island Corp
  • Pitney Bowes Inc
  • Steelcase Inc - Class A
  • Cass Information Systems Inc
  • Earthstone Energy Inc - Class A
  • Esquire Financial Holdings Inc
  • Inspired Entertainment Inc
  • Spirit Aerosystems Holdings Inc - Class A
  • CTS Corp
  • Belden Inc
  • Hyster-Yale Materials Handling Inc - Class A
  • MidWestOne Financial Group Inc
  • Radian Group Inc
  • Discover Financial Services
  • Raytheon Technologies Corporation
  • First Citizens Bancshares Inc (NC) - Class A
  • Byline Bancorp Inc
  • Hanmi Financial Corp
  • SmartFinancial Inc
  • Bar Harbor Bankshares Inc
  • First Financial Bancorp
  • CNB Financial Corp (PA)
  • SouthState Corporation
  • Ryerson Holding Corp
  • Sumitomo Mitsui Financial Group Inc
  • MGIC Investment Corp
  • Reliance Steel & Aluminum Company
  • EPR Properties
  • Lloyds Banking Group plc
  • NMI Holdings Inc - Class A
  • Banco Latinoamericano De Comercio Exterior SA - Cl
  • Sinclair Broadcast Group Inc - Class A
  • Carter Bankshares Inc
  • Eloxx Pharmaceuticals Inc
  • HomeTrust Bancshares Inc
  • Republic First Bancorp Inc
  • NI Holdings Inc
  • CTO Realty Growth Inc - New - New
  • Hingham Institution For Savings
  • CohBar Inc
  • Toyota Motor Corporation
  • Caleres Inc
  • Allscripts Healthcare Solutions Inc
  • Walgreens Boots Alliance Inc
  • TEGNA Inc
  • Frontline Ltd
  • Industrias Bachoco S.A.B. DE C.V.
  • Marchex Inc - Class B
  • Liberty Media Corp (Tracking Stock - Braves) Serie
  • Liberty Media Corp (Tracking Stock - Braves) Serie
  • Astronics Corp
  • Kimbell Royalty Partners LP
  • Carriage Services Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • First Seacoast Bancorp

  • Note: The algorithm computes the probability of correlation between Carriage Services Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Carriage Services Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Carriage Services Inc
    Country United States
    City Houston
    Address 3040 Post Oak Boulevard
    Phone 713 332 8400
    Website www.carriageservices.com
    FullTime employees
    Industry Personal Services
    Sector Consumer Cyclical
    Exchange XNYS
    Ticker CSV
    Market www.nyse.com

    Carriage Services Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown