Carlyle Group (NASDAQ:CG) Announces Quarterly Earnings Results
by Teresa Graham · The Cerbat GemCarlyle Group (NASDAQ:CG – Get Free Report) issued its quarterly earnings results on Wednesday. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.02), FiscalAI reports. Carlyle Group had a net margin of 16.92% and a return on equity of 23.62%. The company had revenue of $750.90 million for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the company posted $1.14 EPS. The company’s revenue for the quarter was down 28.0% compared to the same quarter last year.
Carlyle Group Price Performance
Shares of CG traded up $1.62 during mid-day trading on Friday, hitting $50.63. 5,135,587 shares of the company were exchanged, compared to its average volume of 3,266,234. The company has a debt-to-equity ratio of 1.90, a quick ratio of 2.33 and a current ratio of 2.33. Carlyle Group has a 1-year low of $41.52 and a 1-year high of $69.85. The stock has a market cap of $18.29 billion, a price-to-earnings ratio of 23.22, a price-to-earnings-growth ratio of 1.12 and a beta of 1.89. The company has a 50 day moving average of $48.97 and a 200-day moving average of $54.56.
Carlyle Group Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Monday, May 18th will be given a $0.35 dividend. The ex-dividend date is Monday, May 18th. This represents a $1.40 annualized dividend and a dividend yield of 2.8%. Carlyle Group’s dividend payout ratio (DPR) is 64.22%.
Analyst Upgrades and Downgrades
Several analysts have weighed in on CG shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlyle Group in a research note on Wednesday, January 21st. JPMorgan Chase & Co. cut their price target on Carlyle Group from $66.00 to $63.00 and set a “neutral” rating on the stock in a research report on Friday. Evercore set a $56.00 target price on Carlyle Group in a research note on Tuesday, April 21st. The Goldman Sachs Group reduced their price target on Carlyle Group from $81.00 to $69.00 and set a “buy” rating for the company in a research report on Tuesday, April 7th. Finally, Wall Street Zen upgraded Carlyle Group from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Eight analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $62.80.
Check Out Our Latest Analysis on Carlyle Group
Insider Activity at Carlyle Group
In other news, Director David M. Rubenstein sold 500,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $46.68, for a total value of $23,340,000.00. Following the transaction, the director owned 27,399,644 shares in the company, valued at $1,279,015,381.92. This trade represents a 1.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 26.30% of the stock is owned by insiders.
Hedge Funds Weigh In On Carlyle Group
Institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC boosted its holdings in Carlyle Group by 1.2% in the 4th quarter. Kestra Advisory Services LLC now owns 15,637 shares of the financial services provider’s stock valued at $924,000 after purchasing an additional 184 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Carlyle Group by 6.0% in the third quarter. Larson Financial Group LLC now owns 3,483 shares of the financial services provider’s stock valued at $218,000 after acquiring an additional 196 shares during the last quarter. Commerce Bank grew its position in Carlyle Group by 4.3% in the fourth quarter. Commerce Bank now owns 5,161 shares of the financial services provider’s stock worth $305,000 after acquiring an additional 212 shares during the period. Hilltop Holdings Inc. increased its stake in Carlyle Group by 0.7% during the fourth quarter. Hilltop Holdings Inc. now owns 36,296 shares of the financial services provider’s stock worth $2,145,000 after acquiring an additional 245 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Carlyle Group by 31.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,554 shares of the financial services provider’s stock valued at $80,000 after purchasing an additional 376 shares during the last quarter. 55.88% of the stock is owned by hedge funds and other institutional investors.
More Carlyle Group News
Here are the key news stories impacting Carlyle Group this week:
- Positive Sentiment: Carlyle announced a quarterly dividend of $0.35 per share, signaling continued shareholder returns and implying an annualized yield of about 2.8%. The dividend may help support investor sentiment. Dividend announcement source
- Positive Sentiment: Barclays kept an “overweight” rating on Carlyle while trimming its price target to $63 from $67, suggesting analysts still see meaningful upside despite the weaker quarter. Barclays price target update
- Positive Sentiment: Carlyle also announced an expansion into AI-driven healthcare revenue cycle management, which may reinforce its growth and diversification narrative over time. AI healthcare expansion article
- Positive Sentiment: The firm’s partnership with Diversified Energy on a $1.2 billion Oklahoma oil and gas acquisition highlights Carlyle’s ability to deploy capital in structured deals, which may appeal to investors focused on private credit and asset-backed financing. Diversified Energy partnership article
Carlyle Group Company Profile
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.
Carlyle’s core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.