In today’s recent session, 0.33 million shares of the Carlyle Group Inc (NASDAQ:CG) have been traded, and its beta is 1.86. Most recently the company’s share price was $36.91, and it changed around $0.68 or 1.87% from the last close, which brings the market valuation of the company to $13.33B. CG at last check was trading at a discount to its 52-week high of $57.50, offering almost -55.78% off that amount. The share price’s 52-week low was $33.02, which indicates that the recent value has risen by an impressive 10.54% since then. We note from Carlyle Group Inc’s average daily trading volume that its 10-day average is 5.49 million shares, with the 3-month average coming to 3.12 million.
Carlyle Group Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.32. If we narrow it down even further, the data shows that 0 out of 17 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 9 recommended CG as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight. Carlyle Group Inc is expected to report earnings per share of 0.95 for the current quarter.
Carlyle Group Inc (NASDAQ:CG) trade information
Instantly CG has been showing a green trend so far today with a performance of 1.87% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 41.65 on recent trading dayincreased the stock’s daily price by 11.38%. The company’s shares are currently down -26.90% year-to-date, but still down -0.04% over the last five days. On the other hand, Carlyle Group Inc (NASDAQ:CG) is -12.87% down in the 30-day period. We can see from the shorts that 11.31 million shares have been sold at a short interest cover period of 3.69 day(s).
The consensus price target as assigned by Wall Street analysts is $72.5, which translates to bulls needing to increase their stock price by 49.09% from its current value. Analyst projections state that CG is forecast to be at a low of $60 and a high of $85.
Carlyle Group Inc (CG) estimates and forecasts
The year-over-year growth rate is expected to be 14.54%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 975.5M in revenue for the current quarter. 7 analysts expect Carlyle Group Inc to make 996.69M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.02B and 788.9M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -4.64%. Forecasts for the next quarter put sales growth at 26.34%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -0.31%. Carlyle Group Inc earnings are expected to increase by 7.27% in 2025, but the outlook is positive 11.39% per year for the next five years.
CG Dividends
Carlyle Group Inc’s next quarterly earnings report is expected to be released on 2025-Feb-10. The annual dividend yield of the stock is 3.79 percent and its annual dividend per share was 1.40. It is important to note, however, that the 3.79% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 3.29 per year.
Carlyle Group Inc (NASDAQ:CG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 27.05% of Carlyle Group Inc shares, and 60.97% of them are in the hands of institutional investors. The stock currently has a share float of 83.58%. Carlyle Group Inc stock is held by 772.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 6.4664% of the shares, which is about 23.34 million shares worth $936.99 million.
BLACKROCK INC., with 6.3372% or 22.71 million shares worth $911.7 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Income Fund of America and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 13.61 shares worth $507.12 million, making up 3.77% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 7.28 shares worth around $271.23 million, which represents about 2.02% of the total shares outstanding.
