Carlyle Credit Income Fund (NYSE:CCIF – Free Report) – Stock analysts at B. Riley issued their FY2026 earnings per share estimates for Carlyle Credit Income Fund in a research note issued on Wednesday, May 21st. B. Riley analyst R. Binner anticipates that the company will post earnings per share of $1.30 for the year.
Separately, Oppenheimer reduced their target price on shares of Carlyle Credit Income Fund from $8.00 to $7.00 and set a “market perform” rating for the company in a research note on Friday.
Carlyle Credit Income Fund Trading Down 0.6%
NYSE CCIF opened at $6.53 on Monday. The firm has a 50-day simple moving average of $6.79 and a 200 day simple moving average of $7.52. Carlyle Credit Income Fund has a twelve month low of $5.95 and a twelve month high of $8.80.
Carlyle Credit Income Fund (NYSE:CCIF – Get Free Report) last released its earnings results on Tuesday, May 20th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.01. The company had revenue of $8.56 million during the quarter, compared to the consensus estimate of $9.04 million.
Carlyle Credit Income Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Tuesday, August 19th will be paid a $0.105 dividend. This represents a $1.26 annualized dividend and a dividend yield of 19.29%. The ex-dividend date is Tuesday, August 19th.
Institutional Investors Weigh In On Carlyle Credit Income Fund
Several hedge funds have recently made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. lifted its stake in Carlyle Credit Income Fund by 3.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 494,708 shares of the company’s stock worth $3,344,000 after purchasing an additional 16,609 shares during the period. Sabal Trust CO bought a new position in Carlyle Credit Income Fund during the fourth quarter worth about $1,726,000. J.W. Cole Advisors Inc. bought a new position in Carlyle Credit Income Fund during the first quarter worth about $1,275,000. Virtus ETF Advisers LLC lifted its stake in Carlyle Credit Income Fund by 26.5% during the fourth quarter. Virtus ETF Advisers LLC now owns 125,323 shares of the company’s stock worth $995,000 after purchasing an additional 26,224 shares during the period. Finally, Cetera Investment Advisers lifted its stake in Carlyle Credit Income Fund by 9.5% during the first quarter. Cetera Investment Advisers now owns 103,385 shares of the company’s stock worth $699,000 after purchasing an additional 8,936 shares during the period.
Carlyle Credit Income Fund Company Profile
Carlyle Credit Income Fund is a close ended fixed income mutual fund launched and managed by Vertical Capital Asset Management, LLC. The fund is co – managed by Behringer Advisors, LLC. The Fund invests mainly in fixed-income securities. The fund invests in stocks of companies operating across diversified sectors.
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