S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
NASDAQ:CGBD

Carlyle Secured Lending (CGBD) Stock Price, News & Analysis

$16.28
+0.05 (+0.31%)
(As of 03/28/2024 ET)
Today's Range
$16.25
$16.45
50-Day Range
$14.80
$16.55
52-Week Range
$13.07
$16.63
Volume
279,880 shs
Average Volume
238,547 shs
Market Capitalization
$826.86 million
P/E Ratio
9.63
Dividend Yield
9.83%
Price Target
$16.00

Carlyle Secured Lending MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
1.7% Downside
$16.00 Price Target
Short Interest
Healthy
1.18% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.02mentions of Carlyle Secured Lending in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-6.90%
From $2.03 to $1.89 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.29 out of 5 stars

Finance Sector

760th out of 872 stocks

Private Households Industry

3rd out of 4 stocks

CGBD stock logo

About Carlyle Secured Lending Stock (NASDAQ:CGBD)

Carlyle Secured Lending, Inc. is business development company specializing in first lien debt, senior secured loans, second lien senior secured loan unsecured debt, mezzanine debt and investments in equities. It specializes in directly investing. It specializes in middle market. It targets healthcare and pharmaceutical, aerospace and defense, high tech industries, business services, software, beverage food and tobacco, hotel gamming and leisure, banking finance insurance and in real estate sector. The fund seeks to invest across United States of America, Luxembourg, Cayman Islands, Cyprus, and United Kingdom. It invests in companies with EBITDA between $25 million and $100 million.

CGBD Stock Price History

CGBD Stock News Headlines

Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
CGBD Mar 2024 17.500 call
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Q4 2023 Carlyle Secured Lending Inc Earnings Call
A Preview Of Carlyle Secured Lending's Earnings
Carlyle Secured Lending Inc CGBD
Carlyle Secured Lending reports Q3 results
See More Headlines
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Company Calendar

Ex-Dividend for 1/18 Dividend
12/28/2023
Dividend Payable
1/18/2024
Last Earnings
2/26/2024
Ex-Dividend for 4/17 Dividend
3/27/2024
Today
3/29/2024
Dividend Payable
4/17/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Private households
Sub-Industry
N/A
Current Symbol
NASDAQ:CGBD
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.00
High Stock Price Target
$17.00
Low Stock Price Target
$15.00
Potential Upside/Downside
-1.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$92.28 million
Pretax Margin
38.19%

Debt

Sales & Book Value

Annual Sales
$241.63 million
Cash Flow
$2.03 per share
Book Value
$16.99 per share

Miscellaneous

Free Float
50,561,000
Market Cap
$826.86 million
Optionable
Optionable
Beta
1.60
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CGBD Stock Analysis - Frequently Asked Questions

Should I buy or sell Carlyle Secured Lending stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carlyle Secured Lending in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CGBD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CGBD, but not buy additional shares or sell existing shares.
View CGBD analyst ratings
or view top-rated stocks.

What is Carlyle Secured Lending's stock price target for 2024?

3 brokerages have issued 12-month price objectives for Carlyle Secured Lending's shares. Their CGBD share price targets range from $15.00 to $17.00. On average, they anticipate the company's stock price to reach $16.00 in the next year. This suggests that the stock has a possible downside of 1.7%.
View analysts price targets for CGBD
or view top-rated stocks among Wall Street analysts.

How have CGBD shares performed in 2024?

Carlyle Secured Lending's stock was trading at $14.96 at the start of the year. Since then, CGBD stock has increased by 8.8% and is now trading at $16.28.
View the best growth stocks for 2024 here
.

Are investors shorting Carlyle Secured Lending?

Carlyle Secured Lending saw a increase in short interest in March. As of March 15th, there was short interest totaling 529,700 shares, an increase of 21.6% from the February 29th total of 435,600 shares. Based on an average daily volume of 210,000 shares, the short-interest ratio is currently 2.5 days. Currently, 1.2% of the shares of the stock are short sold.
View Carlyle Secured Lending's Short Interest
.

When is Carlyle Secured Lending's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our CGBD earnings forecast
.

How were Carlyle Secured Lending's earnings last quarter?

Carlyle Secured Lending, Inc. (NASDAQ:CGBD) posted its earnings results on Monday, February, 26th. The company reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.01. The firm earned $62.69 million during the quarter, compared to analyst estimates of $42.86 million. Carlyle Secured Lending had a net margin of 38.19% and a trailing twelve-month return on equity of 12.80%. During the same quarter in the previous year, the firm posted $0.48 EPS.

How often does Carlyle Secured Lending pay dividends? What is the dividend yield for Carlyle Secured Lending?

Carlyle Secured Lending announced a quarterly dividend on Tuesday, February 20th. Investors of record on Friday, March 29th will be paid a dividend of $0.48 per share on Wednesday, April 17th. This represents a $1.92 annualized dividend and a dividend yield of 11.79%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of $0.44.
Read our dividend analysis for CGBD
.

Is Carlyle Secured Lending a good dividend stock?

Carlyle Secured Lending (NASDAQ:CGBD) pays an annual dividend of $1.60 per share and currently has a dividend yield of 9.86%. CGBD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 94.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CGBD will have a dividend payout ratio of 84.66% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for CGBD.

What ETFs hold Carlyle Secured Lending's stock?

ETFs with the largest weight of Carlyle Secured Lending (NASDAQ:CGBD) stock in their portfolio include Putnam BDC Income ETF (PBDC) and Virtus Private Credit Strategy ETF (VPC).VanEck BDC Income ETF (BIZD).

What other stocks do shareholders of Carlyle Secured Lending own?
When did Carlyle Secured Lending IPO?

Carlyle Secured Lending (CGBD) raised $171 million in an initial public offering on Wednesday, June 14th 2017. The company issued 9,000,000 shares at $18.50-$19.50 per share. BofA Merrill Lynch, Morgan Stanley, J.P. Morgan, Citigroup, Keefe, Bruyette & Woods (A Stifel Company) and Wells Fargo Securities acted as the underwriters for the IPO and HSBC and Mizuho Securities were co-managers.

Who are Carlyle Secured Lending's major shareholders?

Carlyle Secured Lending's stock is owned by many different retail and institutional investors. Top institutional shareholders include LSV Asset Management (3.15%), Legal & General Group Plc (0.78%), International Assets Investment Management LLC (0.53%), Muzinich & Co. Inc. (0.51%), Sumitomo Mitsui Trust Holdings Inc. (0.50%) and Royal Bank of Canada (0.43%). Insiders that own company stock include Alexander Popov, Aren C Leekong, John G Nestor, Jonathan Pearl, Mark David Jenkins and Thomas M Hennigan.
View institutional ownership trends
.

How do I buy shares of Carlyle Secured Lending?

Shares of CGBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CGBD) was last updated on 3/29/2024 by MarketBeat.com Staff

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