Carlyle Secured Lending (NASDAQ:CGBD) Upgraded at B. Riley

B. Riley upgraded shares of Carlyle Secured Lending (NASDAQ:CGBD) to a hold rating in a research note released on Monday,Zacks.com reports. B. Riley also issued estimates for Carlyle Secured Lending’s Q1 2026 earnings at $0.40 EPS, Q2 2026 earnings at $0.40 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.40 EPS and FY2026 earnings at $1.61 EPS.

Several other brokerages have also recently issued reports on CGBD. JPMorgan Chase & Co. decreased their price objective on Carlyle Secured Lending from $17.00 to $14.00 and set an “underweight” rating on the stock in a report on Thursday, April 24th. Wells Fargo & Company decreased their price target on Carlyle Secured Lending from $14.00 to $13.00 and set an “equal weight” rating on the stock in a report on Thursday, May 8th. Finally, Oppenheimer decreased their price target on Carlyle Secured Lending from $17.00 to $15.00 and set a “market perform” rating on the stock in a report on Thursday, May 8th. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to data from MarketBeat, Carlyle Secured Lending presently has a consensus rating of “Hold” and a consensus price target of $14.75.

Carlyle Secured Lending Stock Up 0.7%

Shares of CGBD opened at $13.94 on Monday. The stock has a market capitalization of $710.38 million, a price-to-earnings ratio of 10.33 and a beta of 0.86. Carlyle Secured Lending has a 1 year low of $13.12 and a 1 year high of $18.74. The business’s 50 day simple moving average is $14.15 and its 200-day simple moving average is $16.31. The company has a debt-to-equity ratio of 1.03, a current ratio of 3.55 and a quick ratio of 3.55.

Carlyle Secured Lending (NASDAQ:CGBD) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.02). The firm had revenue of $54.60 million for the quarter, compared to analysts’ expectations of $55.50 million. Carlyle Secured Lending had a return on equity of 10.49% and a net margin of 32.72%. As a group, equities analysts expect that Carlyle Secured Lending will post 1.97 earnings per share for the current fiscal year.

Carlyle Secured Lending Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.60 annualized dividend and a yield of 11.48%. Carlyle Secured Lending’s payout ratio is presently 118.52%.

Institutional Trading of Carlyle Secured Lending

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP purchased a new stake in Carlyle Secured Lending during the 1st quarter valued at $32,000. Aquatic Capital Management LLC grew its position in Carlyle Secured Lending by 541.8% in the 4th quarter. Aquatic Capital Management LLC now owns 2,567 shares of the company’s stock valued at $46,000 after acquiring an additional 2,167 shares during the last quarter. Canton Hathaway LLC bought a new position in Carlyle Secured Lending in the 4th quarter valued at $47,000. Sunbelt Securities Inc. grew its position in Carlyle Secured Lending by 17.1% in the 1st quarter. Sunbelt Securities Inc. now owns 10,297 shares of the company’s stock valued at $167,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Cerity Partners LLC bought a new position in Carlyle Secured Lending in the 1st quarter valued at $170,000. Hedge funds and other institutional investors own 24.51% of the company’s stock.

Carlyle Secured Lending Company Profile

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.