CG - The Carlyle Group L.P.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
-0.325 (-1.551%)
As of 1:05PM EDT. Market open.
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Previous Close20.950
Bid20.650 x 300
Ask20.700 x 1900
Day's Range20.600 - 21.100
52 Week Range16.600 - 25.900
Avg. Volume627,020
Market Cap6.915B
PE Ratio (TTM)8.67
EPS (TTM)2.380
Earnings DateMay 1, 2018
Forward Dividend & Yield1.41 (6.98%)
Ex-Dividend Date2018-02-16
1y Target Est27.79
Trade prices are not sourced from all markets
  • Reuters5 days ago

    Cava producer Codorniu rejects Carlyle offer, open to minority partner

    Spain's Codorniu, a maker of cava sparkling wine, said on Thursday they had rejected a takeover bid by U.S. fund The Carlyle Group, confirming a report in newspaper La Vanguardia, but added they were open to an approach by a potential minority partner. The Codorniu board rejected an offer by the fund last week after Carlyle proposed the acquisition of a majority stake, a spokeswoman said. Some of the private, family-run company's 216 shareholders plan to sell their stakes and that has prompted Codorniu's interest in external partners, she said.

  • This Tiny Mortgage Lender Bets on Beating Japan's Giants
    Bloomberg6 days ago

    This Tiny Mortgage Lender Bets on Beating Japan's Giants

    A little-known mortgage lender is taking on Japan’s giant banks, betting it will overtake them in home loans. Aruhi Corp. vows to increase annual originations to more than $11 billion over the next five years to become the top company in the industry, even though the megabanks are at least 90 times its size, according to Hiroshi Hamada, Aruhi’s chairman and chief executive officer. Cheap rates, less red tape, and securitization -- but not, it says, the kind that’s often blamed for causing the global financial crisis.

  • Sanofi in talks to sell generics arm to Advent for 1.9 billion euros
    Reuters7 days ago

    Sanofi in talks to sell generics arm to Advent for 1.9 billion euros

    French healthcare group Sanofi (SASY.PA) is in exclusive talks to sell its Zentiva European generics drugs arm to private equity firm Advent International for 1.9 billion euros (£1.64 billion), the companies said on Tuesday. Sanofi said the sale was expected to be completed before the end of the year, and Advent's offer was binding and fully financed. The 1.9 billion euros price is an enterprise value, including equity and debt.

  • Bloomberg8 days ago

    Carlyle-Backed Indian Diagnostic Chain Mulls $230 Million IPO

    Metropolis Healthcare Ltd., an operator of medical diagnostic centers backed by Carlyle Group LP, is considering an initial public offering to raise about 15 billion rupees ($230 million) as it seeks acquisitions....

  • Reuters11 days ago

    ManorCare wins court approval to exit bankruptcy under landlord

    No. 2 U.S. nursing home chain HCR ManorCare Inc won court approval on Friday for a plan to exit a $7.1 billion Chapter 11 bankruptcy by transferring ownership to its landlord, Quality Care Properties Inc. U.S. Bankruptcy Judge Kevin Gross in Delaware approved the prepackaged reorganization that will give Quality Care, with 10 employees and $318 million in annual revenue, control over ManorCare. Toledo, Ohio-based ManorCare has more than 50,000 employees in more than 450 senior living facilities and clinics across the country, with annual revenue of $3.7 billion.

  • Moody's11 days ago

    Acosta, Inc. -- Moody's downgrades Acosta's CFR to Caa2; outlook stable

    Moody's Investors Service, ("Moody's") downgraded Acosta, Inc.'s ("Acosta") Corporate Family Rating ("CFR") to Caa2 from Caa1 and its Probability of Default Rating to Caa2-PD ...

  • Could Higher Energy Prices Affect Berkshire’s Energy Portfolio?
    Market Realist11 days ago

    Could Higher Energy Prices Affect Berkshire’s Energy Portfolio?

    Berkshire Hathaway (BRK.B) operates in the energy sector through Berkshire Hathaway Energy (or BHE). Natural gas utilities have seen some pressure on the demand front mainly due to higher input costs driven by higher oil prices (USO). MidAmerican and Northern Powergrid witnessed higher sales costs resulting in lower profitability in 4Q17.

  • Reuters11 days ago

    Hong Kong's PAG plans up to $6 bln new Asia private equity fund -sources

    Hong Kong-based private equity firm PAG is planning a new Asia fund that aims to raise as much as $6 billion, two people with knowledge of the plan said, potentially adding to a massive pool of buyout money for acquisitions in the region. PAG has started sounding out investors about the fund in recent weeks, the two people and others told Reuters. The people declined to be identified as the fundraising plan was confidential.

  • Reuters13 days ago

    Varo Energy scrapped IPO as U.S.-China trade dispute hit markets - CEO

    Varo Energy cancelled its Amsterdam flotation after seeing how the U.S.-China trade dispute had roiled global markets and negatively affected other European initial public offerings, the company's chief executive told Reuters on Wednesday. Varo announced the cancellation on Tuesday afternoon. "After all the optimism earlier in the year, the volatility is being driven by recent discussion around the trade war between the world's two biggest economies – the U.S. and China – leading to turbulences in the market, which have had an impact on Varo's planned IPO," CEO Roger Brown said in an interview.

  • Understanding Analysts’ Views on Carlyle
    Market Realist13 days ago

    Understanding Analysts’ Views on Carlyle

    Of the 12 analysts covering The Carlyle Group (CG) in April 2018, four have recommended “strong buy,” five have recommended “buy,” and three have recommended “hold.” In March 2018, four recommended “strong buy,” four recommended “buy,” and four recommended “hold.” In February 2018, four recommended “strong buy,” three recommended “buy,” and five recommended “hold.”

  • Why Carlyle Has a Lower Valuation
    Market Realist13 days ago

    Why Carlyle Has a Lower Valuation

    The Carlyle Group’s (CG) NTM (next-12-month) PE (price-to-earnings) ratio is 7.7x, lower than competitors’ average of 9.6x. Peers Ameriprise Financial (AMP), Ares Management (ARES), and KKR (KKR) have NTM PE ratios of 9.5x, 11.4x, and 7.9x, respectively.

  • Carlyle Executive Tsou Is Said to Retire From Hong Kong Office
    Bloomberg14 days ago

    Carlyle Executive Tsou Is Said to Retire From Hong Kong Office

    Carlyle Group LP Managing Director Wayne Tsou is retiring from the firm, according to people familiar with the matter.

  • Reuters14 days ago

    Varo Energy cancels plans for IPO on Euronext

    AMSTERDAM (Reuters) - Varo Energy BV said on Tuesday it had decided not to proceed with plans for a flotation on the Euronext stock exchange in Amsterdam, citing poor market conditions. In a statement, ...

  • What’s Expected for Carlyle’s Total Segment Revenue
    Market Realist14 days ago

    What’s Expected for Carlyle’s Total Segment Revenue

    The Carlyle Group (CG) generates fee revenue from net portfolio advisory, fund management, and net transaction fees. In 4Q17, the company generated total fee revenue of $305.4 million, of which fund management fees contributed $289.8 million (94.8%). During the same period, the company generated total segment revenue of $0.97 billion. In comparison, competitors (XLF) The Blackstone Group (BX), KKR (KKR), and Apollo Global Management (APO) generated revenue of $1.9 billion, $0.40 billion, and $0.86 billion, respectively, in 4Q17.

  • Carlyle Buys AkzoNobel’s Specialty Chemicals Business
    Market Realist14 days ago

    Carlyle Buys AkzoNobel’s Specialty Chemicals Business

    On March 27, 2018, AkzoNobel announced it would be selling its specialty chemicals business to GIC and The Carlyle Group (CG) for $12.5 billion. The private equity companies are sitting on a substantial amount of cash, raising concerns among market participants and fund investors. From the past few years, these companies have seen substantial fundraising, creating a need for such huge investments. Carlyle raised $43.3 billion in 2017, while Apollo Global Management (APO) saw total inflows of $56.5 billion.

  • Carlyle Group Acquires 4 French Logistics Assets
    Market Realist14 days ago

    Carlyle Group Acquires 4 French Logistics Assets

    The Carlyle Group (CG) has acquired four French logistics assets from CBRE Global Investors. Industrial assets have seen strong demand due to economic recovery and upward momentum in the e-commerce sector. Carlyle plans to make further deployments in Western European markets and France, which could expand the company’s reach.

  • What Could Affect Carlyle’s Corporate Private Equity Segment
    Market Realist15 days ago

    What Could Affect Carlyle’s Corporate Private Equity Segment

    The Carlyle Group’s (CG) Corporate Private Equity segment’s carry funds rose 8% in 4Q17 and 32% in 2017. However, this strong momentum is not expected to continue in 1Q18, mainly due to equity markets’ performance. In 1Q18, private equity players’ (XLF) fundraising activities are expected to be impacted by trade war tensions resulting in equity market fluctuation. However, lower fundraising could also lead to lower fundraising expenses.

  • A Look at What Could Affect Carlyle’s Global Credit Segment
    Market Realist15 days ago

    A Look at What Could Affect Carlyle’s Global Credit Segment

    The Carlyle Group’s (CG) global credit segment generated fund-level fee revenue of $192.2 million in 2017, representing a YoY (year-over-year) decline. Between 2016 and 2017, the segment’s fund management fees fell to $191.5 million from $195.5 million, and its total performance fees rose to $59.1 million to $37.8 million. However, the segment’s total revenue rose to $282.5 million from $264.2 million.

  • What Could Affect Carlyle in 1Q18
    Market Realist15 days ago

    What Could Affect Carlyle in 1Q18

    Wall Street analysts expect The Carlyle Group (CG) to see EPS (earnings per share) of $0.54 in 1Q18, reflecting a substantial decline YoY (year-over-year). They gave a high estimate of $0.71 and a low estimate of $0.22. EPS are expected to fall mainly due to outflow from debt markets impacting its global credit segment.

  • How Tech Stocks, Rate Hikes, and a Trade War Could Affect BLK
    Market Realist18 days ago

    How Tech Stocks, Rate Hikes, and a Trade War Could Affect BLK

    The Trump administration has initiated what may become a trade war with China and its allies in order to push for domestic manufacturing, reduce its deficit, and bring duties on par with those of other countries. This has led to a further weakening of the US dollar, which began in 2H17 on expectations of a higher trade deficit due to lower tax rates. China is responding to the threat of a trade war with duties of up to 25% on American imports across various categories.

  • The Wall Street Journal19 days ago

    [$$] Carlyle Group Uncorks $772 Million Deal for Accolade Wines

    Private-equity firm The Carlyle Group agreed to buy Australian vintner Accolade Wines Ltd., gaining a portfolio of popular mass-market brands.

  • Investopedia19 days ago

    Carlyle Group Buying Australian Wine Co. for $774M

    Carlyle Group is buying into a booming market for premium wine exports from Australia.

  • BlackRock’s Investments in Technology to Help Its Margins
    Market Realist19 days ago

    BlackRock’s Investments in Technology to Help Its Margins

    BlackRock 1Q18 Earnings Preview: ETFs, Policies Key to Growth

  • GlobeNewswire19 days ago

    Detailed Research: Economic Perspectives on The Habit Restaurants, MUELLER WATER PRODUCTS, The Carlyle Group, Flexion Therapeutics, Hexcel, and Adesto Technologies — What Drives Growth in Today's Competitive Landscape

    NEW YORK, April 05, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...