The Carlyle Group, Inc. (CG)
| 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...]
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 StatementsAnalyst 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.
News
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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...
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...
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.
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
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...
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.
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 ...
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, ...
Carlyle Loses Another Executive. Here's What Wall Street Is Saying.
Carlyle CEO Kewsong Lee stepped down as CEO on Sunday.
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.
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...
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.
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.
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.
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...
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 ...
Carlyle CEO Kewsong Lee Steps Down in Sudden Exit
The firm did not disclose the reasons for Lee's early departure.
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.
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.
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...
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...
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.
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.
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.