Carlyle Group (NASDAQ:CG) Releases Earnings Results, Misses Estimates By $0.02 EPS

Key Points

• Q1 miss and losses: Carlyle reported EPS of $0.89 (missed by $0.02) and revenue of $750.9M (vs. $1.01B est.), with revenue down ~28% YoY and roughly $617M of realized investment losses that materially reduced distributable earnings.
• Dividend declared: The company announced a quarterly dividend of $0.35 per share (annualized $1.40), implying a ~2.8% yield, payable May 28 with an ex‑dividend/record date of May 18.
• Insider and analyst activity: Director David M. Rubenstein sold 500,000 shares (~$23.3M), insiders own ~26.3% of stock, and analysts are mixed—consensus rating "Hold" with a $63 price target (8 Buys, 8 Holds, 1 Sell).

Carlyle Group (NASDAQ:CG - Get Free Report) announced its quarterly earnings data on Wednesday. The financial services provider reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by ($0.02), FiscalAI reports. The firm had revenue of $750.90 million during the quarter, compared to analyst estimates of $1.01 billion. Carlyle Group had a net margin of 16.92% and a return on equity of 23.62%. The firm's revenue for the quarter was down 28.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.14 earnings per share.

Carlyle Group Stock Performance

Carlyle Group stock traded up $1.11 during midday trading on Friday, hitting $50.12. 2,938,139 shares of the company were exchanged, compared to its average volume of 3,240,046. The firm has a market capitalization of $18.10 billion, a PE ratio of 23.02, a price-to-earnings-growth ratio of 1.12 and a beta of 1.89. Carlyle Group has a fifty-two week low of $41.52 and a fifty-two week high of $69.85. The business has a fifty day simple moving average of $48.97 and a two-hundred day simple moving average of $54.56. The company has a debt-to-equity ratio of 1.90, a quick ratio of 2.33 and a current ratio of 2.33.

Carlyle Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 28th. Investors of record on Monday, May 18th will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, May 18th. Carlyle Group's dividend payout ratio (DPR) is 64.22%.

Carlyle Group News Summary

Here are the key news stories impacting Carlyle Group this week:

• Positive Sentiment: Carlyle declared a quarterly cash dividend of $0.35 per share (record May 18; payable May 28), implying a ~2.8% yield — a direct cash return that supports investor income demand.
• Positive Sentiment: Carlyle is expanding into an AI‑driven healthcare revenue‑cycle management platform, reflecting platform diversification and potential fee/tech growth outside traditional private equity. Carlyle Expands Into AI Driven Healthcare Revenue Cycle Management Platform
• Positive Sentiment: Carlyle partnered on a $1.2bn ABS‑funded Anadarko oil & gas acquisition with Diversified Energy — a deal that highlights fee/arrangement opportunities for Carlyle’s credit and infrastructure platforms. Carlyle teams with Diversified Energy on $1.2bn oil and gas venture
• Neutral Sentiment: Barclays trimmed its price target from $67 to $63 but maintained an "overweight" rating, signaling confidence in medium‑term upside even as near‑term expectations were lowered. Barclays lowers PT to $63, keeps overweight
• Negative Sentiment: Weak Q1 results remain the biggest headwind: Q1 EPS missed estimates ($0.89 vs. $0.91), revenue plunged year‑over‑year and Carlyle reported large realized investment losses (~$617M reported in coverage) that materially reduced distributable earnings — items that pressured the stock after the report. Carlyle Hit By Massive Investment Losses, Revenue Plunges Nearly 74%

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on CG shares. Evercore set a $56.00 price objective on Carlyle Group in a report on Tuesday, April 21st. Morgan Stanley cut their price objective on Carlyle Group from $71.00 to $66.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 21st. Barclays cut their price objective on Carlyle Group from $67.00 to $63.00 and set an "overweight" rating on the stock in a report on Friday. UBS Group cut their price objective on Carlyle Group from $81.00 to $65.00 and set a "buy" rating on the stock in a report on Friday, February 20th. Finally, Wall Street Zen raised Carlyle Group from a "sell" rating to a "hold" rating in a report on Saturday, March 7th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $63.00.

Insider Buying and Selling

In other Carlyle Group news, Director David M. Rubenstein sold 500,000 shares of the firm's stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $46.68, for a total value of $23,340,000.00. Following the sale, the director directly owned 27,399,644 shares of the company's stock, valued at approximately $1,279,015,381.92. This trade represents a 1.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 26.30% of the company's stock.

Institutional Trading of Carlyle Group

Several institutional investors have recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. grew its holdings in Carlyle Group by 5.2% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 434,992 shares of the financial services provider's stock valued at $25,713,000 after purchasing an additional 21,590 shares during the period. Invesco Ltd. grew its holdings in Carlyle Group by 55.8% in the fourth quarter. Invesco Ltd. now owns 1,116,227 shares of the financial services provider's stock valued at $65,980,000 after purchasing an additional 399,895 shares during the period. Corient Private Wealth LLC grew its holdings in Carlyle Group by 52.0% in the fourth quarter. Corient Private Wealth LLC now owns 64,990 shares of the financial services provider's stock valued at $3,842,000 after purchasing an additional 22,223 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in Carlyle Group by 15.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,117 shares of the financial services provider's stock valued at $1,071,000 after purchasing an additional 2,372 shares during the period. Finally, State of Tennessee Department of Treasury grew its holdings in Carlyle Group by 16.8% in the fourth quarter. State of Tennessee Department of Treasury now owns 101,869 shares of the financial services provider's stock valued at $5,988,000 after purchasing an additional 14,637 shares during the period. 55.88% of the stock is owned by institutional investors and hedge funds.

About Carlyle Group

The Carlyle Group NASDAQ: CG is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.

Carlyle's core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.

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