Carriage Services

Carriage Services called “An under appreciated performer in the Death Care industry”

By Funeral Director Daily / August 30, 2021 /

Seeking Alpha recently penned an article about death care public company Carriage Services entitled, “An Under Appreciated Performer in the Death Care Industry”.  You can access that article here. Here’s a few quotes from the article: Carriage Services operates in the attractive death care industry, operating 171 funeral homes and 32 cemeteries in the United…

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Are you investing in your business

By Funeral Director Daily / August 13, 2021 /

For several years now the stock market has churned out really good results.  If you are a funeral home owner and you have been invested somewhat in the stock market. . . well, good for you. However, have you extended your foundation for the future in the funeral home business by making a little money…

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Carriage Services reports 2Q. . Cemetery business is the highlite

By Funeral Director Daily / August 3, 2021 /

It’s quarterly reporting time in the public business realm and the companies in the death care sector are no different than others with that requirement.  Last week we reported Service Corporation International’s (SCI) results and today we bring you highlights of Houston, Texas based operator, Carriage Services. You can access the Carriage Services 2nd Quarter…

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Funeral service. . . . .by the numbers

By Funeral Director Daily / July 20, 2021 /

Funeral Director Daily published this article last week that we titled “We saw a lot of deaths in 2020”.  The article tried to put a number to the number of death care cases across the United States in our Covid-19 pandemic year.  We came up with the number of 3,427,321 which was a 20% increase…

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Funeral stocks continue solid climb

By Funeral Director Daily / June 8, 2021 /

As of last Friday, June 4, we were over five months into the 2021 calendar year.  Funeral Director Daily decided it was time to take a look at where the Death Care stocks were in relation to the stock market indices up to that day. What we found out is that the stocks of companies…

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Death Care outpaces Dow, Nasdaq, and S&P for first third of 2021

By Funeral Director Daily / May 5, 2021 /

For the first time that I can remember since I have followed what is termed the Death Care Index (DCI), the DCI for a period of time has outpaced the standard measures of America’s public companies, the Dow Jones Industrial Average, the Nasdaq, and the S & P 500.  For the time period of January…

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Carriage Services 1Q 2021 Revenues rise almost 25%

By Funeral Director Daily / April 30, 2021 /

Carriage Services was the first of our public death care companies to report on their 1st quarter of 2021 (January thru March 2021 numbers) when they did so last week.  Even knowing that January 2021 had a high number of additional mortality in the United States because of the number of Covid-19 deaths, you have…

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On looking back. . . and moving forward (Part 2)

By Funeral Director Daily / April 16, 2021 /

We told you yesterday that Carriage Services CEO and Chairman Mel Payne had published a lengthy Letter to Shareholders in early April.   In that letter, that you can access here, he painted what we call a somewhat aspirational future for Carriage Services, after first pointing out how they got to where they are today. Today,…

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On looking back. . . .and moving forward (Part 1)

By Funeral Director Daily / April 15, 2021 /

Earlier this month Carriage Services CEO and Chairman Mel Payne put out a lengthy shareholder letter.  We found it a great read, not only to catch up with what is happening with Carriage Services, but as an aspirational blueprint, that if followed could lead to success in almost all funeral homes.  Payne even points out…

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Park Lawn Corporation sees “significant growth in revenue, net earnings”

By Funeral Director Daily / April 1, 2021 /

Park Lawn Corporation reported their 2020 4th Quarter and Year End financial numbers earlier this week and the press release, which you can read here, states “. . . PLC finished 2020 with a powerful performance in Q4, which included achieving significant growth in revenue, net earnings, Adjusted Net Earnings, Adjusted EBITDA, and Adjusted EBITA…

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