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Saturday, June 3, 2023

What Are The Chances Of The Carlyle Group Inc. (NASDAQ: CG) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for The Carlyle Group Inc. (CG) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.20, or -0.72%, to $27.69. The The Carlyle Group Inc. has recorded 87,652 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Carlyle Secured Lending, Inc. Announces First Quarter 2023 Financial Results, Declares Second Quarter 2023 Dividends of $0.44 Per Common Share.

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Stocks Info

As a NASDAQ listed company, CG falls under the Financial sector while operating within the Asset Management industry segment. At the end of the last regular session, the stock closed at $27.89 and fluctuated between $27.95 as its day high and $27.18 as its day low. The current market capitalization of The Carlyle Group Inc. is $10.11B. A total of 2.67 million shares were traded on the day, compared to an average of 3.62M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CG has seen 9 BUY and 0 SELL insider trades, representing the acquisition of 113,753 and the disposition of 0 shares. Over the last 12 months, there were 24 BUYs and 14 SELLs from insiders. Insiders purchased 7,884,463 shares during that period but sold 2,206,007.

In the most recent transaction, Carlyle Group Inc. sold 2,000,000 shares of CG for 86.12 per share on May 08. After the transaction, the 10% Owner now owns 6,482,732 company shares. In a previous transaction on Feb 07, Finn Christopher sold 20,756 shares at 36.10 per share. CG shares that Chief Operating Officer owns now total 982,654.

Among the insiders who sold shares, Larson Bruce M. disposed of 19,476 shares on Feb 07 at a per-share price of $36.10. This resulted in the Chief Human Resources Officer holding 416,482 shares of CG after the transaction. In another insider transaction, Buser Curtis L. sold 19,401 shares at $36.10 per share on Feb 07. Company shares held by the Chief Financial Officer now total 1,247,244.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. The Carlyle Group Inc. pays an annual dividend of $1.32, resulting in a dividend yield of 4.75%, and it has a price to earnings (P/E) ratio of 13.55. CG’s most recent ex-dividend date was 5/15/2023 when it declared a $0.35 quarterly dividend that was paid in cash on 5/23/2023. Previously, the company paid the dividend on 3/1/2023 with an ex-dividend date of 2/21/2023. The CG stock dividend was $0.3250 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CG in the last 3 months, the mean price target is $37.35 with high estimates of $55.00 and low estimates of $28.00. In terms of 52-week highs and lows, CG has a high of $40.73 and a low of $24.59.

As of this writing, CG has an earnings estimate of $0.63 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.74 per share and a lower estimate of $0.55. The company reported an EPS of $1.01 in the last quarter, which was 5.20% higher than expectations of $0.96.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $17.01, while its Total Shareholder’s Equity was $5.71B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CG is Buy with a score of 4.25.

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