Analysts predict that The Carlyle Group L.P. (NASDAQ:CG) will report earnings of $0.39 per share for the current quarter, according to Zacks. Two analysts have made estimates for The Carlyle Group’s earnings, with the lowest EPS estimate coming in at $0.33 and the highest estimate coming in at $0.48. The Carlyle Group reported earnings per share of $0.02 in the same quarter last year, which would suggest a positive year over year growth rate of 1,850%. The company is scheduled to issue its next earnings report on Wednesday, February 14th.

According to Zacks, analysts expect that The Carlyle Group will report full year earnings of $2.85 per share for the current year, with EPS estimates ranging from $2.80 to $2.94. For the next fiscal year, analysts expect that the business will report earnings of $2.51 per share, with EPS estimates ranging from $2.17 to $2.85. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow The Carlyle Group.

The Carlyle Group (NASDAQ:CG) last announced its earnings results on Tuesday, October 31st. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.08. The Carlyle Group had a return on equity of 43.32% and a net margin of 5.43%. The firm had revenue of $639.90 million during the quarter, compared to analyst estimates of $668.32 million. During the same period last year, the firm posted $0.66 EPS.

Several brokerages recently weighed in on CG. Zacks Investment Research lowered The Carlyle Group from a “buy” rating to a “hold” rating in a report on Friday, October 6th. BidaskClub raised The Carlyle Group from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. Morgan Stanley raised their target price on The Carlyle Group from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, October 5th. Credit Suisse Group downgraded The Carlyle Group to a “hold” rating in a research note on Friday, October 6th. Finally, Citigroup downgraded The Carlyle Group from a “buy” rating to a “neutral” rating and set a $25.50 target price for the company. in a research note on Tuesday, October 10th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The Carlyle Group presently has an average rating of “Buy” and a consensus target price of $24.89.

In other news, Director Edward J. Mathias sold 17,133 shares of The Carlyle Group stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $21.21, for a total transaction of $363,390.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Large investors have recently added to or reduced their stakes in the stock. Cetera Advisor Networks LLC increased its stake in The Carlyle Group by 143.7% in the 3rd quarter. Cetera Advisor Networks LLC now owns 24,791 shares of the financial services provider’s stock worth $584,000 after purchasing an additional 14,618 shares during the period. Ashford Capital Management Inc. increased its stake in The Carlyle Group by 95.2% in the 3rd quarter. Ashford Capital Management Inc. now owns 20,500 shares of the financial services provider’s stock worth $484,000 after purchasing an additional 10,000 shares during the period. California Public Employees Retirement System increased its stake in The Carlyle Group by 38.0% in the 3rd quarter. California Public Employees Retirement System now owns 121,142 shares of the financial services provider’s stock worth $2,859,000 after purchasing an additional 33,342 shares during the period. Bamco Inc. NY increased its stake in The Carlyle Group by 2.8% in the 3rd quarter. Bamco Inc. NY now owns 5,665,005 shares of the financial services provider’s stock worth $133,694,000 after purchasing an additional 152,500 shares during the period. Finally, Boothbay Fund Management LLC purchased a new position in The Carlyle Group in the 3rd quarter worth approximately $519,000. Institutional investors own 38.03% of the company’s stock.

Shares of The Carlyle Group (NASDAQ:CG) traded down $0.40 on Friday, reaching $21.75. The company had a trading volume of 514,813 shares, compared to its average volume of 1,026,615. The Carlyle Group has a 52 week low of $14.98 and a 52 week high of $24.85. The stock has a market cap of $2,166.40, a price-to-earnings ratio of 8.93 and a beta of 1.79. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 2.23.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Friday, November 10th were given a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 10.30%. The ex-dividend date of this dividend was Thursday, November 9th. This is an increase from The Carlyle Group’s previous quarterly dividend of $0.42. The Carlyle Group’s dividend payout ratio (DPR) is 127.27%.

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The Carlyle Group Company Profile

The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its buyout and growth capital funds, which pursue various corporate investments of different sizes and growth potentials.

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