Investing In Carlyle Group Inc (NASDAQ: CG): Why Should You?

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed Daniel Hallenbeck Joins Acentra Health as Vice President of Strategy and Strategic Partnerships.

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Stocks Info

The company is listed on the NASDAQ and operates within the Asset Management industry segment. At the end of the last regular session, the stock closed at $45.31 and fluctuated between $45.65 as its day high and $44.30 as its day low. The current market capitalization of Carlyle Group Inc is $16.35B. A total of 2.85 million shares were traded on the day, compared to an average of 0.82 shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, CG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 14 BUYs and 5 SELLs from insiders. Insiders purchased 7,048,121 shares during that period but sold 84,916.

In the most recent transaction, Carlyle Group Inc. bought 190,000 shares of CG for 12.95 per share on Feb 08. After the transaction, the Former 10% Owner now owns 1,066,189 company shares. In a previous transaction on Dec 15, SCHWARTZ HARVEY M sold 295,358 shares at 41.74 per share. CG shares that Chief Executive Officer owns now total 6,768,046.

Among the insiders who bought shares, CG Subsidiary Holdings L.L.C. acquired of 1,269,537 shares on Sep 12 at a per-share price of $8.52. This resulted in the 10% Owner holding 4,785,628 shares of CG after the transaction. In another insider transaction, CG Subsidiary Holdings L.L.C. bought 3,012,049 shares at $8.30 per share on Aug 28. Company shares held by the 10% Owner now total 3,012,049.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Carlyle Group Inc pays an annual dividend of $1.50 (3.31%), resulting in a dividend yield of 1.38 (3.03%), and it has a price to earnings (P/E) ratio of 78.96. CG’s most recent ex-dividend date was 2/22/2024 when it declared a $0.35 quarterly dividend that was paid in cash on 3/1/2024. Previously, the company paid the dividend on 11/29/2023 with an ex-dividend date of 11/20/2023. The CG stock dividend was $0.35 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for CG in the last 3 months, the mean price target is $48.31 with high estimates of $64.00 and low estimates of $36.00. In terms of 52-week highs and lows, CG has a high of $46.00 and a low of $25.20.

As of this writing, CG has an earnings estimate of $Procter & Gamble Company (The) per share for the current quarter. EPS was calculated based on a consensus of Citigroup, Inc. estimates, with a high estimate of $Canopy Growth Corporation per share and a lower estimate of $Chipotle Mexican Grill, Inc..

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $16.41, while its Total Shareholder’s Equity was $5.71B.

Analysts Opinion

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. 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 3.81.

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