Carriage Services Acquires Assets of McCammon Ammons Click Funeral Home
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 27 2026
0mins
Carriage Services announced that it has acquired substantially all the assets of McCammon Ammons Click Funeral Home located in Maryville, Tennessee. Steve Metzger, president and COO of Carriage Services, stated, "We are excited to enter the growing Greater Knoxville market with a premier business that has been serving the community for 120 years. Continuing to build Carriage's footprint throughout Tennessee aligns well with our focus on purposeful growth."
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Moderate Buy
Current: 38.490
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60.00
High
60.00
Current: 38.490
Low
60.00
Averages
60.00
High
60.00
About CSV
Carriage Services, Inc. is a provider of funeral and cemetery services and merchandise in the United States. Its Funeral home and cemetery businesses provide products and services to families in three areas: ceremony and tribute, generally in the form of a funeral or memorial service; disposition of remains, either through burial or cremation; and memorialization, generally through monuments, markers or inscriptions. Its funeral homes offer a complete range of services to meet a family's funeral needs, consultation, the removal and preparation of remains, the sale of caskets and related funeral merchandise, the use of funeral home facilities for visitation and memorial services and transportation services. Its Cemeteries provide interment rights (primarily grave sites, lawn crypts, mausoleum spaces and niches), related cemetery merchandise (such as memorial markers, outer burial containers and monuments) and services (interments, inurnments and installation of cemetery merchandise).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Carriage Services Acquires McCammon Ammons Click Funeral Home
- Acquisition Announcement: Carriage Services has announced the acquisition of substantially all assets of McCammon Ammons Click Funeral Home in Maryville, Tennessee, which will further expand its market share in the state.
- Market Entry: By entering the Greater Knoxville market with McCammon Ammons Click, a premier business with a 120-year history, Carriage Services enhances its competitive position in the region.
- Legacy and Development: The McCammon Ammons Click team expressed the desire to find a partner that would protect and build upon their century-old legacy, with Carriage Services being viewed as the ideal choice, reflecting its commitment to the community.
- Business Expansion: Carriage Services currently operates 155 funeral homes across 24 states and 28 cemeteries in 9 states, and this acquisition will further solidify its position as a leading funeral service provider in the United States.
See More
Carriage Services Q1 2026 Earnings Call Insights
- Revenue Performance: Carriage Services reported Q1 revenue of $106.1 million, down 0.9% year-over-year, primarily due to a 5.8% decline in funeral home admit volume, although the actual decline was only 2.3% when combining Q4 2025 and Q1 2026, demonstrating the company's resilience in adversity.
- Profitability: Adjusted consolidated EBITDA reached $33.8 million with a 31.8% margin, and despite a $2.4 million decline in comparable funeral EBITDA due to lower volume, the company maintained its margin through improved cemetery operations and premium funeral sales.
- Capital Market Tool: CFO John Enwright announced the establishment of an at-the-market equity offering program (ATM) aimed at providing flexible funding support for acquisitions while ensuring leverage remains within the targeted range of 3.5x to 4x, enhancing the company's capital markets toolkit.
- 2026 Outlook: Management maintained its full-year 2026 targets, projecting revenue between $440 million and $450 million and adjusted EBITDA of $135 million to $140 million, reflecting confidence in future growth despite not incorporating the ATM program into the outlook.
See More
Carriage Services Q1 Financial Highlights
- Earnings Performance: Carriage Services reported a Q1 non-GAAP EPS of $0.86, indicating stable profitability despite a revenue decline, which lays a solid foundation for future growth.
- Revenue Growth Drivers: The company achieved Q1 revenue of $106.1 million, a 15.7% increase year-over-year, primarily driven by an 8.0% rise in insurance-funded preneed funeral contracts sold, enhancing general agency commission revenue and strengthening market competitiveness.
- Operating Income Decline: Operating income fell by $6.3 million, largely due to a prior year gain of $7.8 million from divestitures and real property sales, reflecting challenges in asset management for the company.
- EBITDA Improvement: Adjusted consolidated EBITDA grew by 2.4%, or $0.8 million, demonstrating improved profitability despite lower quarterly revenue compared to the previous year, indicating that the company's operational optimization strategies are taking effect.
See More
CARRIAGE SERVICES INC: SUBMITS SEC FILING FOR COMMON STOCK OFFERING OF UP TO $100 MILLION
- Company Announcement: CARRIAGE SERVICES INC. has filed for an offering of up to $100 million in common stock.
- Purpose of Filing: The filing is part of the company's strategy to raise capital, although specific uses for the funds have not been detailed.
See More
Carriage Services Announces Q1 2026 Earnings Release Schedule
- Earnings Release Schedule: Carriage Services plans to release its Q1 2026 earnings on May 6, 2026, after market close, reflecting the company's commitment to financial transparency, which is expected to positively impact investor confidence.
- Conference Call Timing: The earnings conference call is scheduled for May 7, 2026, at 8:00 a.m. Central Time, allowing investors to participate by dialing 800-330-6710 with Conference ID 5549353, aimed at enhancing investor engagement.
- Live Webcast: The call will be broadcast live via webcast, ensuring broader access for investors to receive real-time financial information, thereby increasing the company's visibility and transparency in the market.
- Company Operations Overview: As of March 31, 2026, Carriage Services operates 155 funeral homes and 28 cemeteries across the U.S., demonstrating its leadership position in the industry and ongoing growth potential.
See More
Carriage Services Declares Quarterly Dividend
- Quarterly Dividend Announcement: Carriage Services announced a quarterly dividend of 11.25 cents per share on April 15, 2026, payable on June 1, 2026, reflecting the company's ongoing commitment to shareholder returns.
- Record Date for Shareholders: The dividend payment will be made to common shareholders of record as of May 4, 2026, ensuring timely distribution of shareholder benefits and enhancing investor confidence.
- Operational Overview: As of March 31, 2026, Carriage Services operates 155 funeral homes and 28 cemeteries across 24 and 9 states respectively, showcasing its extensive influence in the industry.
- Commitment to Service: The company is dedicated to delivering premier experiences through innovation, partnership, and elevated service quality, further solidifying its leadership position in the funeral and cemetery services market.
See More
Carriage Services Acquires McCammon Ammons Click Funeral Home
- Acquisition Announcement: Carriage Services has announced the acquisition of substantially all assets of McCammon Ammons Click Funeral Home in Maryville, Tennessee, which will further expand its market share in the state.
- Market Entry: By entering the Greater Knoxville market with McCammon Ammons Click, a premier business with a 120-year history, Carriage Services enhances its competitive position in the region.
- Legacy and Development: The McCammon Ammons Click team expressed the desire to find a partner that would protect and build upon their century-old legacy, with Carriage Services being viewed as the ideal choice, reflecting its commitment to the community.
- Business Expansion: Carriage Services currently operates 155 funeral homes across 24 states and 28 cemeteries in 9 states, and this acquisition will further solidify its position as a leading funeral service provider in the United States.
See More
Carriage Services Q1 2026 Earnings Call Insights
- Revenue Performance: Carriage Services reported Q1 revenue of $106.1 million, down 0.9% year-over-year, primarily due to a 5.8% decline in funeral home admit volume, although the actual decline was only 2.3% when combining Q4 2025 and Q1 2026, demonstrating the company's resilience in adversity.
- Profitability: Adjusted consolidated EBITDA reached $33.8 million with a 31.8% margin, and despite a $2.4 million decline in comparable funeral EBITDA due to lower volume, the company maintained its margin through improved cemetery operations and premium funeral sales.
- Capital Market Tool: CFO John Enwright announced the establishment of an at-the-market equity offering program (ATM) aimed at providing flexible funding support for acquisitions while ensuring leverage remains within the targeted range of 3.5x to 4x, enhancing the company's capital markets toolkit.
- 2026 Outlook: Management maintained its full-year 2026 targets, projecting revenue between $440 million and $450 million and adjusted EBITDA of $135 million to $140 million, reflecting confidence in future growth despite not incorporating the ATM program into the outlook.
See More
Carriage Services Q1 Financial Highlights
- Earnings Performance: Carriage Services reported a Q1 non-GAAP EPS of $0.86, indicating stable profitability despite a revenue decline, which lays a solid foundation for future growth.
- Revenue Growth Drivers: The company achieved Q1 revenue of $106.1 million, a 15.7% increase year-over-year, primarily driven by an 8.0% rise in insurance-funded preneed funeral contracts sold, enhancing general agency commission revenue and strengthening market competitiveness.
- Operating Income Decline: Operating income fell by $6.3 million, largely due to a prior year gain of $7.8 million from divestitures and real property sales, reflecting challenges in asset management for the company.
- EBITDA Improvement: Adjusted consolidated EBITDA grew by 2.4%, or $0.8 million, demonstrating improved profitability despite lower quarterly revenue compared to the previous year, indicating that the company's operational optimization strategies are taking effect.
See More
CARRIAGE SERVICES INC: SUBMITS SEC FILING FOR COMMON STOCK OFFERING OF UP TO $100 MILLION
- Company Announcement: CARRIAGE SERVICES INC. has filed for an offering of up to $100 million in common stock.
- Purpose of Filing: The filing is part of the company's strategy to raise capital, although specific uses for the funds have not been detailed.
See More
Carriage Services Announces Q1 2026 Earnings Release Schedule
- Earnings Release Schedule: Carriage Services plans to release its Q1 2026 earnings on May 6, 2026, after market close, reflecting the company's commitment to financial transparency, which is expected to positively impact investor confidence.
- Conference Call Timing: The earnings conference call is scheduled for May 7, 2026, at 8:00 a.m. Central Time, allowing investors to participate by dialing 800-330-6710 with Conference ID 5549353, aimed at enhancing investor engagement.
- Live Webcast: The call will be broadcast live via webcast, ensuring broader access for investors to receive real-time financial information, thereby increasing the company's visibility and transparency in the market.
- Company Operations Overview: As of March 31, 2026, Carriage Services operates 155 funeral homes and 28 cemeteries across the U.S., demonstrating its leadership position in the industry and ongoing growth potential.
See More
Carriage Services Declares Quarterly Dividend
- Quarterly Dividend Announcement: Carriage Services announced a quarterly dividend of 11.25 cents per share on April 15, 2026, payable on June 1, 2026, reflecting the company's ongoing commitment to shareholder returns.
- Record Date for Shareholders: The dividend payment will be made to common shareholders of record as of May 4, 2026, ensuring timely distribution of shareholder benefits and enhancing investor confidence.
- Operational Overview: As of March 31, 2026, Carriage Services operates 155 funeral homes and 28 cemeteries across 24 and 9 states respectively, showcasing its extensive influence in the industry.
- Commitment to Service: The company is dedicated to delivering premier experiences through innovation, partnership, and elevated service quality, further solidifying its leadership position in the funeral and cemetery services market.
See More
