It makes sense and dollars to buy Carlyle Group Inc (CG) stock

With 2.48 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.21 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $44.1 whereas the lowest price it dropped to was $42.8. The 52-week range on CG shows that it touched its highest point at $48.52 and its lowest point at $26.22 during that stretch. It currently has a 1-year price target of $48.73. With its current market cap of 15.86 billion, CG has annualized dividend of $1.75 while the current yield stands at 3.97%. CG paid its most recent dividend on 1715558400, while the ex-dividend date for that was 1715558400. Beta for the stock currently stands at 1.77.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CG was up-trending over the past week, with a rise of 6.22%, but this was down by -2.22% over a month. Three-month performance surged to 0.07% while six-month performance rose 46.82%. The stock gained 64.53% in the past year, while it has gained 8.28% so far this year. A look at the trailing 12-month EPS for CG yields -1.79 with Next year EPS estimates of 4.48. For the next quarter, that number is 0.89. This implies an EPS growth rate of 21.06% for this year and 14.33% for next year.

Float and Shares Shorts:

At present, 361.33 million CG shares are outstanding with a float of 199.00 million shares on hand for trading. On 2024-04-30, short shares totaled 16.24 million, which was 451.99999999999994 higher than short shares on 1711584000. In addition to Mr. William E. Conway Jr. as the firm’s Co-Founder & Co-Chairman of the Board, Mr. Harvey Mitchell Schwartz serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 0.59658 of CG’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.