Equities research analysts expect The Carlyle Group L.P. (NASDAQ:CG) to post $678.27 million in sales for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for The Carlyle Group’s earnings, with estimates ranging from $671.24 million to $685.30 million. The Carlyle Group posted sales of $575.90 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 17.8%. The firm is expected to announce its next quarterly earnings report on Wednesday, February 14th.

According to Zacks, analysts expect that The Carlyle Group will report full-year sales of $678.27 million for the current financial year, with estimates ranging from $3.04 billion to $3.09 billion. For the next financial year, analysts forecast that the firm will post sales of $3.12 billion per share, with estimates ranging from $2.96 billion to $3.41 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for The Carlyle Group.

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

A number of analysts have issued reports on CG shares. TheStreet downgraded shares of The Carlyle Group from a “c-” rating to a “d+” rating in a report on Thursday, September 7th. Zacks Investment Research downgraded shares of The Carlyle Group from a “buy” rating to a “hold” rating in a report on Friday, October 6th. Credit Suisse Group downgraded shares of The Carlyle Group to a “hold” rating in a report on Friday, October 6th. BidaskClub downgraded shares of The Carlyle Group from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Finally, Morgan Stanley boosted their price objective on shares of The Carlyle Group from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $24.78.

In related news, Director Edward J. Mathias sold 17,133 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $21.21, for a total transaction of $363,390.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Advisor Networks LLC increased its position in shares of The Carlyle Group by 143.7% during the third quarter. Cetera Advisor Networks LLC now owns 24,791 shares of the financial services provider’s stock worth $584,000 after buying an additional 14,618 shares during the period. Ashford Capital Management Inc. increased its position in shares of The Carlyle Group by 95.2% during the third quarter. Ashford Capital Management Inc. now owns 20,500 shares of the financial services provider’s stock worth $484,000 after buying an additional 10,000 shares during the period. California Public Employees Retirement System increased its position in shares of The Carlyle Group by 38.0% during the third quarter. California Public Employees Retirement System now owns 121,142 shares of the financial services provider’s stock worth $2,859,000 after buying an additional 33,342 shares during the period. Bamco Inc. NY increased its position in shares of The Carlyle Group by 2.8% during the third quarter. Bamco Inc. NY now owns 5,665,005 shares of the financial services provider’s stock worth $133,694,000 after buying an additional 152,500 shares during the period. Finally, Boothbay Fund Management LLC acquired a new stake in shares of The Carlyle Group during the third quarter worth $519,000. Hedge funds and other institutional investors own 38.30% of the company’s stock.

The Carlyle Group (CG) traded down $0.20 during midday trading on Thursday, reaching $20.10. 1,164,687 shares of the company’s stock were exchanged, compared to its average volume of 810,816. The company has a quick ratio of 1.23, a current ratio of 1.27 and a debt-to-equity ratio of 2.23. The company has a market cap of $6,880.00, a P/E ratio of 8.19 and a beta of 1.84. The Carlyle Group has a 52-week low of $14.85 and a 52-week high of $24.85.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 16th. Investors 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 yield of 11.14%. This is a boost from The Carlyle Group’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Thursday, November 9th. The Carlyle Group’s dividend payout ratio is currently 123.08%.

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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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