Carlyle Group Inc (NASDAQ: CG): Is It A Buying Opportunity Again?

After Hours

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. The stock was recently discussed on Yahoo Finance as it revealed that SER Welcomes New Investment from TA to Accelerate Growth.

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Stocks Info

CG belongs to the Financial sector of the NASDAQ while operating in the Asset Management industry. The current market capitalization of Carlyle Group Inc is $16.81B. A total of 1.49 million shares were traded on the day, compared to an average of 2.39M shares.

In the most recent transaction, Carlyle Group Inc. bought 190,000 shares of CG for 12.95 per share on Feb 08 ’24. After the transaction, the Former 10% Owner now owns 1,066,189 company shares. In a previous transaction on Dec 15 ’23, 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 ’23 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 ’23. Company shares held by the 10% Owner now total 3,012,049.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. 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.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CG has a high of $48.52 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 $0.96 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

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $14.37, while its Total Shareholder’s Equity was $5.71B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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 3.81.

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