The Carlyle Group, Inc. (CG)

NASDAQ: CG · IEX Real-Time Price · USD
25.84
-1.58 (-5.76%)
At close: Sep 30, 2022 4:00 PM
25.90
+0.06 (0.23%)
After-hours: Sep 30, 2022 7:59 PM EDT
-5.76%
Market Cap 9.34B
Revenue (ttm) 6.27B
Net Income (ttm) 2.00B
Shares Out 361.32M
EPS (ttm) 5.47
PE Ratio 4.72
Forward PE 5.81
Dividend $1.15 (4.45%)
Ex-Dividend Date Aug 8, 2022
Volume 2,998,528
Open 26.32
Previous Close 27.42
Day's Range 25.79 - 26.56
52-Week Range 25.79 - 60.62
Beta 1.66
Analysts Buy
Price Target 50.06 (+93.7%)
Earnings Date Oct 26, 2022

About CG

The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid ventu... [Read more...]

Industry Capital Markets
IPO Date May 3, 2012
CEO William E. Conway, Jr.
Employees 1,850
Stock Exchange NASDAQ
Ticker Symbol CG
Full Company Profile

Financial Performance

In 2021, CG's revenue was $8.78 billion, an increase of 199.26% compared to the previous year's $2.93 billion. Earnings were $2.97 billion, an increase of 754.31%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for CG stock is "Buy." The 12-month stock price forecast is 50.06, which is an increase of 93.73% from the latest price.

Price Target
$50.06
(93.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Retail Investors Can Now Buy Pre-IPO Companies Like Venture Capitalists, Thanks To Titan And Cathie Wood's ARK Invest...

Titan is an online brokerage that is offering investors new opportunities in crypto, private equity and much more.

Other symbols: APO
5 days ago - Benzinga

Veritas Capital to Acquire Sequa from Carlyle

NEW YORK & PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--Veritas Capital (“Veritas”), a leading technology and government investment firm, announced today that an affiliate of Veritas has entered into a de...

2 weeks ago - Business Wire

Carlyle Group stock sinks after BofA swings to bearish from bullish, slashes price target by 43%

Shares of Carlyle Group Inc. CG, -2.39% dropped 2.9% toward an eight-week low in morning trading Tuesday, after the BofA Securities analyst Craig Siegenthaler swung to bearish from bullish on the altern...

3 weeks ago - Market Watch

Blackstone, Carlyle Take Different Sides on Oil-and-Gas Investment

Private-equity firms are rethinking their exposure to conventional energy amid a fraught political climate.

Other symbols: BX
1 month ago - WSJ

CORRECTION Carlyle Aviation Partners' Fly Leasing Earnings Call Date Correction – Second Quarter Financial Results Re...

MIAMI, DUBLIN, SINGAPORE , Aug. 29, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

1 month ago - GlobeNewsWire

Carlyle Aviation Partners' Fly Leasing to Announce Second Quarter 2022 Financial Results and Host Investor Conference...

MIAMI, DUBLIN, SINGAPORE, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Fly Leasing Limited (“Fly Leasing”), a subsidiary of SASOF V which is managed by an affiliate of Carlyle Aviation Partners Ltd., today announc...

1 month ago - GlobeNewsWire

Bernard Horn's Polaris Buys Carlyle Group, Adds to Nomad Foods

Polaris Capital Management leader Bernard Horn (Trades, Portfolio) released his firm's second-quarter equity portfolio earlier this month.

1 month ago - GuruFocus

Involta Appoints Data Center Industry Leader to Its Board of Directors

Gary Wojtaszek Will Help Guide Involta's Growth as Company Leverages Carlyle's Recent Capital Investment CEDAR RAPIDS, Iowa , Aug. 16, 2022 /PRNewswire/ -- Involta, an industry-leading hybrid IT, cloud ...

1 month ago - PRNewsWire

Analysis: How Carlyle CEO Kewsong Lee's turnaround of the private equity firm was cut short

Kewsong Lee bolstered Carlyle Group Inc's growth after he took over the reins in 2018, yet the private equity firm continued to play catchup with its larger and more diversified publicly listed rivals, ...

1 month ago - Reuters

Carlyle Loses Another Executive. Here's What Wall Street Is Saying.

Carlyle CEO Kewsong Lee stepped down as CEO on Sunday.

1 month ago - Barrons

Kewsong Lee's decision to step down as Carlyle chief highlights the challenge private equity faces when transitioning...

Kewsong Lee to step down as Carlyle's chief executive, investors Bain and Redwood have figured out how to tap into the $28 trillion home-equity market, and VCs are raising cash at record pace.

1 month ago - Business Insider

Carlyle Board Didn't Respond to CEO's Early Contract Proposal

The precise reasons behind the board's unwillingness to negotiate with outgoing CEO Kewsong Lee aren't entirely clear, but his departure is exacerbating the underperformance of the private-equity firm's...

1 month ago - WSJ

Axios sells itself to Cox Enterprises, Carlyle CEO to step down, CVS and Pfizer look to expand

Yahoo Finance's Julie Hyman breaks down leading business headlines today regarding M&A activity and leadership changes.

Other symbols: CVSPFE
1 month ago - Yahoo Finance

Carlyle Group CEO Kewsong Lee abruptly steps down

'Mad Money' host Jim Cramer and the 'Squawk on the Street' team discuss Kewson Lee's abrupt departure as chairman and CEO of Carlyle Group.

1 month ago - CNBC Television

Carlyle CEO Kewsong Lee steps down before contract end and Bill Conway steps in as interim CEO

Carlyle CEO Kewsong Lee has stepped down from his position as CEO months before his contract was ending. Lee has been part of the company since 2013.

1 month ago - Fox Business

Carlyle Group shares fall on CEO departure

Carlyle Group Inc. CG, -4.08% shares fell 4.3% on Monday morning after the company announced its CEO Kewsong Lee stepped down from the company. The move late Sunday came ahead of Lee's five-year employm...

1 month ago - Market Watch

Truist Insurance Holdings enhances client offerings with acquisition of BenefitMall from Carlyle

CHARLOTTE, N.C. , Aug. 8, 2022 /PRNewswire/ -- Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation (NYSE: TFC) and the sixth-largest insurance brokerage in the U.S., announced ...

Other symbols: TFC
1 month ago - PRNewsWire

Carlyle CEO Kewsong Lee Steps Down in Sudden Exit

The firm did not disclose the reasons for Lee's early departure.

1 month ago - Barrons

Carlyle Chief Executive to Step Down

Private-equity firm says Kewsong Lee will step down as CEO immediately and leave the firm at the end of this year.

1 month ago - WSJ

Carlyle CEO Kewsong Lee steps down

Private equity firm Carlyle Group Inc said on Sunday its chief executive officer (CEO) Kewsong Lee, 56, has stepped down with immediate effect months before the scheduled end of his five-year contract.

1 month ago - Reuters

CARLYLE ANNOUNCES SENIOR LEADERSHIP CHANGES

Kewsong Lee Steps Down as CEO and Member of the Board of Directors Bill Conway, Co-Founder, current Non-Executive Co-Chairman and former Co-CEO, to Serve as Interim CEO Board Forms Search Committee to I...

1 month ago - PRNewsWire

White Mountains Completes Sale of NSM

HAMILTON, Bermuda , Aug. 1, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that it has completed the sale of NSM Insurance Group to investment...

Other symbols: WTM
2 months ago - PRNewsWire

Carlyle (CG) Soars 9.5% on Q2 Earnings Beat, Sees Record AUM

A rise in revenues on higher fees and assets under management growth support Carlyle's (CG) Q2 results. However, an increase in segmental expenses is a major headwind.

2 months ago - Zacks Investment Research

Carlyle Beats Earnings Estimates by a Dime. The Stock Falls.

Carlyle Group is one of the big, public alternate asset managers. It reported second quarter results Thursday.

2 months ago - Barrons

Carlyle's second-quarter earnings rise 34% on strong asset sales

Private-equity firm Carlyle Group Inc said on Thursday its second-quarter distributable earnings rose 34%, driven by asset sales that were completed even as markets nosedived.

2 months ago - Reuters