Analyst Expects Carlyle Group Inc (NASDAQ: CG) To Make Big Moves

After Hours

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Stocks Info

Carlyle Group Inc is listed on the NASDAQ in the Financial sector while operating in the Asset Management industry. The current market capitalization of Carlyle Group Inc is $16.23B. A total of 1.97 million shares were traded on the day, compared to an average of 3.57M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. 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 12 BUYs and 5 SELLs from insiders. Insiders purchased 285,902 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 reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Carlyle Group Inc pays an annual dividend of $1.40, resulting in a dividend yield of 3.11%, and it has a price to earnings (P/E) ratio of 78.41. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for CG in the last 3 months, the mean price target is $49.06 with high estimates of $64.00 and low estimates of $37.00. 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 $0.88 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $0.95 per share and a lower estimate of $0.76. The company reported an EPS of $0.87 in the last quarter, which was 20.80% higher than expectations of $0.72.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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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