In 2Q17, Apollo Global Management’s (APO) fee-related earnings rose to $140.5 million from $134.5 million in 1Q17, due to higher transaction and management fees. Peers’ average one-year forward price-to-earnings ratio was…
Between 2Q16 and 2Q17, Apollo Global Management’s (APO) real assets division witnessed an increase in economic income to $8.7 million from $2.6 million. Its total revenue rose to $26.4 million from…
Between 1Q17 and 2Q17, Apollo Global Management’s (APO) private equity division witnessed a decline in its total revenue. In 2Q17, the division’s total revenue stood at $134.7 million, compared with…
Apollo Global Management’s (APO) credit division saw a rise in total revenue to $257.6 million in 2Q17 from $198.1 million in 1Q17. This increase was mainly due to management fees…
In this series, we’ll study the performance of Apollo’s various divisions, its dividend distribution, and its valuation.
Four analysts have rated Carlyle (CG) stock a “buy,” while four have given it a “strong buy” rating, and the remaining four have rated the stock a “hold.”
Carlyle saw fundraising of $8.4 billion in 2Q17. Its management expects that in 2H17, the company should see an increase in the momentum of fundraising.
Carlyle Group (CG) declared a quarterly dividend of $0.42 per share on August 2, 2017, to be paid on August 21, 2017.
In 2Q17, Carlyle Group’s (CG) Investment Solutions division saw a YoY (year-over-year) decline in its FRE (fee-related earnings).
Carlyle Group’s (CG) Real Estate division saw a YoY (year-over-year) decline in its FRE (fee-related earnings) in 2Q17.
In 2Q17, Carlyle Group’s (CG) Credit division saw an increase in its net performance fees to $8 million, compared with $5 million in 2Q16.
In 2Q17, Carlyle Group’s (CG) Private Equity division saw its carry funds appreciate by 8%.
In 2Q17, Carlyle Group (CG) posted strong ENI (economic net income) of $300 million, which reflects a substantial increase over its $158 million in 2Q16.
Of the 14 analysts currently covering Ares Capital Corporation (ARCC), four analysts rated the stock as a “buy,” six analysts gave “strong buy” ratings, and the remaining four analysts gave “hold” ratings.
Ares Capital Corporation (ARCC) currently has a price-to-sales ratio of ~4.6x.
Ares Capital Corporation (ARCC) is expected to declare a dividend of $1.52 per share in 2017.
In 2Q17, Ares Capital made exits valued at $1.8 billion.
Within one year, Ares Capital Corporation (ARCC) stock is expected to reach $18.21, reflecting a rise of ~11.0% from its current price.
Ares Capital Corporation (ARCC) posted its 2Q17 earnings report on August 2. ARCC reported its core earnings of $0.34 per share, missing the analysts’ estimate of $0.36 per share.
BlackRock (BLK) continues to command a premium valuation on stable and strong inflows, the performance of funds, global asset allocation, and consistent earnings.