Carlyle Group stock overview

A comprehensive, investor-focused overview of Carlyle Group stock (ticker: CG) covering company background, listing details, capital structure, trading data, historical performance, financial metri...

2024-07-14 11:05:00

By Cipher Trio

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4.5

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Carlyle Group stock (Ticker: CG)

Lead: The term "carlyle group stock" refers to the publicly traded common shares of The Carlyle Group Inc., quoted under the ticker CG on the Nasdaq. Carlyle is a global alternative asset manager operating across private equity, global credit and investment solutions. This article explains the company, how the stock is listed and traded, key share and financial information, historical performance, major risks, comparable peers, and where to find up-to-date market data and filings. The content is beginner-friendly, neutral in tone, and points readers to primary sources for verification.

Note: numerical figures and market data are time-sensitive. As of 2024-06-01, where specific figures are cited they are attributed to the named source; readers should consult the referenced market-data pages and Carlyle’s investor relations for the latest numbers.

Company overview

The Carlyle Group Inc. is a large, diversified alternative asset manager founded in 1987 and headquartered in Washington, D.C. Carlyle manages capital across three principal business segments:

Private Equity: Direct investments and buyouts across industries and geographies.
Global Credit: Credit funds and solutions spanning leveraged loans, opportunistic credit and structured finance.
Investment Solutions (including real assets and strategic solutions): Customized investment vehicles and partnership arrangements for institutional clients.

Carlyle’s core business model centers on raising capital from institutional and high-net-worth investors, deploying that capital into private and credit investments, earning management fees, and realizing returns through exits and carry. That commercial model is central to how investors analyze carlyle group stock: the company’s revenue and earnings trajectories are closely linked to assets under management (AUM), fundraising activity, realized performance and fee structure.

Listing and ticker information

Exchange and ticker

Carlyle Group stock trades on the Nasdaq under the symbol CG. Market participants follow the ticker CG for quotes, charts, and news.

Identifiers

Standard market identifiers such as ISIN and CUSIP exist for CG shares and are published in the company’s SEC filings and market-data services. For precise identifiers and any corporate action mappings, consult Carlyle’s investor relations materials or regulatory filings (10-K, 10-Q) and major market-data providers.

Corporate structure and conversion

Carlyle converted from a Delaware limited partnership structure to a Delaware corporation effective January 1, 2020. The conversion affected the legal form of public equity, reporting format and certain investor-facing metrics; holders of public units were converted into common shares at the effective date. The corporate conversion simplified the capital structure for many institutional and retail shareholders and standardized reporting under corporate filing formats.

Share information and capital structure

Carlyle maintains a single primary listed equity class: common stock (CG). Official counts for shares outstanding, shares reserved for employee plans, and free float are published periodically by the company and in market-data services.

Shares outstanding and market-capitalization figures are reported on investor relations pages and on data platforms such as Yahoo Finance and Bloomberg. These numbers change with buybacks, issuance and corporate events.
Any material differences arising from the 2020 conversion (e.g., treatment of legacy partnership units) are disclosed in Carlyle’s conversion disclosure documents and SEC filings.

For authoritative share counts and market-cap math, always consult the company’s most recent Form 10-Q or Form 10-K and the investor relations "Share Information" page.

Trading data and market microstructure

Carlyle Group stock follows typical U.S. equity market microstructure conventions:

Trading hours: Regular session on Nasdaq (normal U.S. market hours). Pre-market and after-hours sessions are available on many platforms but may have different liquidity and wider spreads.
Liquidity metrics: Average daily volume and turnover vary over time. As of early June 2024, major market-data pages listed CG among mid-cap financial/asset-management names with daily volumes that can vary from hundreds of thousands to a few million shares depending on market conditions and news flow (see Yahoo Finance, TradingView and Robinhood pages for rolling averages).
Market capitalization: Market-cap figures are routinely updated on market-data pages; they depend on the prevailing share price and reported shares outstanding.
Dividend policy: Carlyle historically pays periodic cash distributions; dividend amount, frequency and declared per-share values are published in press releases and investor relations updates. Dividend yield and payout levels change with per-share distributions and price movements.
Bid/ask behavior: As with many asset-management stocks, intraday bid/ask spreads widen around earnings, fundraising announcements, or macro events. Market orders on low-liquidity days can cause price slippage.

Investors should use limit orders when possible and consult up-to-date liquidity and volume measures on their broker or market-data provider.

Historical price performance

Recent performance and 52-week range

As of 2024-06-01, market-data providers published 52-week high/low ranges and short-term price performance bands for CG shares (see Yahoo Finance and Macrotrends). Short-term moves in carlyle group stock are commonly driven by quarterly earnings, fundraising announcements, changes in AUM, macroeconomic conditions, and sector rotation in financial and alternative asset managers.

Long-term performance and major milestones

Key historical milestones that have influenced long-term performance of carlyle group stock include:

Founding in 1987 and multi-decade growth into a major alternative asset manager.
IPO (public listing) in 2012, which marked the transition of Carlyle to a broadly traded public company.
Corporate structure conversion from partnership to corporation (effective January 1, 2020), which simplified share structure and reporting.
Periodic market cycles: private-equity exit windows, credit market dislocations and fundraising cycles that materially affect realized gains and management/ incentive fees.

Investors evaluating long-term returns should examine total shareholder return (price plus dividends), realized performance of key funds, and how AUM growth and fee mix evolved across market cycles.

Financials and valuation metrics

Key financial metrics

Analysts and investors commonly review the following financial metrics for carlyle group stock:

Revenues and management fees: recurring management fees plus incentive income (carry) from realized fund performance.
Net income and earnings per share (EPS): reported on quarterly and annual statements; earnings can be lumpy due to carried-interest recognition linked to realized fund exits.
EBITDA (or adjusted EBITDA equivalents): used to assess recurring operating performance excluding certain non-cash or one-off items.
Assets under management (AUM): a central metric showing aggregate capital managed; changes reflect fundraising, performance and capital inflows/outflows.

The business’s segment reporting (private equity, global credit, investment solutions) helps analysts attribute revenue and margin dynamics to the underlying strategies.

Valuation ratios

Common market multiples and metrics applied to carlyle group stock include:

Price-to-earnings (P/E) and forward P/E: reflect market pricing relative to reported or expected earnings.
Price-to-book (P/B): may be used, though book values can differ across asset managers depending on accounting for carried interest and fair-value measurements.
Dividend yield: calculated as annual dividends per share divided by the share price — useful for income-focused investors but variable for asset managers.
Beta: measures volatility relative to the broader market; alternative-asset managers often show heightened sensitivity to market cycles and risk sentiment.

These ratios vary over time and across data providers. Always cross-check current multiples with an up-to-date market-data provider (Yahoo Finance, Bloomberg, TradingView, Robinhood) and the company’s reported figures.

Analyst coverage and market sentiment

Carlyle Group stock is covered by a number of sell-side and independent analysts. Typical analyst output includes ratings (buy/hold/sell), price targets, and thematic notes on fundraising, realized gains, and fee trends.

Consensus ratings and price targets are aggregated on financial news platforms and analyst tracking services (for example, CNBC and TipRanks aggregate analyst views). Investors should note that analyst views and price targets are updated frequently and that past performance of analyst forecasts varies.

Major shareholders and institutional ownership

Large institutional holders often include mutual funds, pension plans, and asset managers that disclose positions via regulatory filings (e.g., 13F filings in the U.S.). Insider ownership and executive/board holdings are disclosed on proxy statements and regulatory filings.

High institutional ownership can affect liquidity dynamics and corporate governance oversight; major holders and changes in their holdings are publicly disclosed in filings and can be tracked on market-data platforms.

Corporate actions and capital markets activity

Dividends and payouts

Carlyle has historically distributed cash to shareholders through declared dividends or distributions; frequency and per-share amounts are announced when declared. The firm’s dividend policy and any changes are available via investor relations releases and SEC filings.

Stock splits, secondary offerings and other equity transactions

Significant equity transactions such as stock splits, large secondary offerings, or capital raises are disclosed in press releases and SEC filings. Where no major split or offering has occurred in a recent period, company filings and the investor relations "News" archive will state that fact.

Share repurchases

Repurchase programs (buybacks) are typically announced by the board and disclosed in filings. These programs affect shares outstanding and per-share metrics and are a common use of excess capital where allowed by the board.

For specific historical actions and program sizes, consult Carlyle’s Form 10-Q/10-K and press releases.

Comparables and peer group

Peer alternative-asset managers commonly used for comparative analysis of carlyle group stock include:

Blackstone
KKR
Apollo Global Management
Ares Management
TPG
Blue Owl

Comparative analysis often examines AUM growth, management-fee yield, performance fees, payout policies, and valuation multiples (P/E, P/AUM, EV/EBITDA where applicable). Differences in business mix (private equity vs. credit vs. real assets) and geographic exposure should be considered when benchmarking.

Risks and considerations for investors

Investing in carlyle group stock involves risks common to alternative-asset managers and some that are specific to Carlyle’s strategy. Important risk categories include:

AUM and fee sensitivity: revenue depends on both the size of AUM and the mix of fee-generating versus performance-based revenues.
Fundraising cyclicality: periods of slower fundraising reduce fee-accretion and growth potential.
Valuation cyclicality and exit windows: private-equity realizations and credit-markets conditions affect carried-interest timing and magnitude.
Regulatory and legal risk: asset managers are subject to securities regulation, tax rules on carried interest, and periodic regulatory scrutiny.
Leverage and liquidity risk: certain funds may use leverage, which magnifies returns and losses; broader market liquidity events can compress valuations and slow exits.
Market risk: the stock price can be volatile in response to macroeconomic shocks, interest-rate moves, and credit spreads.

This overview is factual in nature and does not constitute investment advice. Investors should perform their own due diligence and consult licensed advisors for personalized guidance.

How to follow the stock / investor resources

For up-to-date data on carlyle group stock and company disclosures, consult primary and reputable sources:

Carlyle Investor Relations (official filings, earnings releases, investor presentations) — authoritative for share counts, AUM figures, and corporate actions.
SEC filings (10-K, 10-Q, 8-K) — definitive legal disclosures.
Market data platforms (Yahoo Finance, Bloomberg, CNBC, TradingView, Macrotrends, Robinhood) — for real-time/near-real-time quotes, historical price series, 52-week ranges, average volume and consensus analyst data.

As of 2024-06-01, per Yahoo Finance and Carlyle Investor Relations, the company’s investor pages and exchange quotes provide the immediate data points many investors use to track market cap, average volume and dividend history. For crypto-native investors or those with mixed portfolios, Bitget offers market access for digital assets and related tools, and Bitget Wallet is recommended for Web3 custody needs; for U.S. equity trading specifically, consult your licensed broker to access Nasdaq-listed tickers such as CG.

References and external links

(Types of sources to consult — do not include external hyperlinks in this article. For verification, search the following resources by name.)

Carlyle Investor Relations: Company filings, press releases, share information and investor presentations. (As of 2024-06-01, consult the IR site for AUM and share counts.)
SEC filings: Form 10-K and 10-Q for audited financials and disclosures.
Yahoo Finance: CG stock page (quotes, 52-week range, market cap and average volume). Reported snapshots as of 2024-06-01 provide a recent reference point.
Macrotrends: Historical price series and long-term charts for CG.
CNBC and Bloomberg: Market summaries, analyst notes and company profile pages.
TradingView and Robinhood: Real-time charts and key statistics.

Notes on sourcing and currency

Market numbers such as share count, market capitalization, recent price, average daily volume, dividend amounts and yields are time sensitive. As of 2024-06-01, readers should verify current values on Carlyle Investor Relations and major market-data providers named above. Statements in this article that reference dates and sources are intended to locate readers to authoritative data snapshots; users should confirm current metrics before making decisions.