Wall Street brokerages expect The Carlyle Group L.P. (NASDAQ:CG) to post $0.39 earnings per share (EPS) for the current quarter, Zacks reports. Two analysts have issued 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 posted earnings per share of $0.02 in the same quarter last year, which would indicate a positive year over year growth rate of 1,850%. The business is expected to issue its next earnings results 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 fiscal year, with EPS estimates ranging from $2.80 to $2.94. For the next financial year, analysts forecast 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 EPS calculations are an average based on a survey of sell-side research analysts that cover The Carlyle Group.

The Carlyle Group (NASDAQ:CG) last released its quarterly earnings results on Tuesday, October 31st. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, beating the Zacks’ 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 return on equity of 43.32% and a net margin of 5.43%. During the same period in the previous year, the company posted $0.66 EPS.

A number of equities research analysts have issued reports on CG shares. Deutsche Bank boosted their price target on The Carlyle Group from $19.00 to $20.00 and gave the company a “hold” rating in a research note on Thursday, August 3rd. ValuEngine raised The Carlyle Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 3rd. Morgan Stanley lifted their price objective on The Carlyle Group from $23.00 to $25.00 and gave the company an “overweight” rating in a research report on Tuesday, August 8th. Citigroup lifted their price objective on The Carlyle Group from $24.50 to $25.50 and gave the company a “neutral” rating in a research report on Tuesday, August 15th. Finally, Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $25.00 price objective on shares of The Carlyle Group in a research report on Wednesday, August 16th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $24.78.

The Carlyle Group (CG) traded down $0.05 during trading on Tuesday, hitting $20.05. The company’s stock had a trading volume of 1,743,150 shares, compared to its average volume of 814,834. The company has a market cap of $6,810.00, a P/E ratio of 8.19 and a beta of 1.84. The Carlyle Group has a 1-year low of $14.85 and a 1-year high of $24.85. 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 business also recently announced 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. The ex-dividend date was Thursday, November 9th. This represents a $2.24 annualized dividend and a dividend yield of 11.17%. This is an increase from The Carlyle Group’s previous quarterly dividend of $0.42. The Carlyle Group’s payout ratio is currently 123.08%.

In other news, Director Edward J. Mathias sold 17,133 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $21.21, for a total transaction of $363,390.93. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

A number of institutional investors have recently added to or reduced their stakes in CG. Bronfman E.L. Rothschild L.P. grew its holdings in The Carlyle Group by 2,205.9% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,096 shares of the financial services provider’s stock worth $101,000 after acquiring an additional 4,875 shares during the period. Penserra Capital Management LLC boosted its position in The Carlyle Group by 8.7% during the second quarter. Penserra Capital Management LLC now owns 5,254 shares of the financial services provider’s stock worth $103,000 after purchasing an additional 419 shares in the last quarter. Stelac Advisory Services LLC purchased a new position in The Carlyle Group during the third quarter worth approximately $145,000. Winslow Evans & Crocker Inc. boosted its position in The Carlyle Group by 950.1% during the third quarter. Winslow Evans & Crocker Inc. now owns 7,876 shares of the financial services provider’s stock worth $186,000 after purchasing an additional 7,126 shares in the last quarter. Finally, Pathstone Family Office LLC boosted its position in The Carlyle Group by 1,660.0% during the second quarter. Pathstone Family Office LLC now owns 8,800 shares of the financial services provider’s stock worth $173,000 after purchasing an additional 8,300 shares in the last quarter. Institutional investors own 38.30% of the company’s stock.

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About The Carlyle Group

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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