What is B. Riley’s Forecast for CCIF FY2027 Earnings?

Carlyle Credit Income Fund (NYSE:CCIF) – Analysts at B. Riley issued their FY2027 earnings per share estimates for Carlyle Credit Income Fund in a research report issued on Thursday, November 20th. B. Riley analyst T. D’agostino forecasts that the company will post earnings per share of $1.00 for the year. B. Riley currently has a “Buy” rating and a $6.00 target price on the stock.

Several other equities analysts have also recently commented on the stock. Credit Suisse Group set a $6.00 target price on shares of Carlyle Credit Income Fund in a research report on Thursday. Alliance Global Partners began coverage on Carlyle Credit Income Fund in a report on Thursday, October 2nd. They issued a “buy” rating for the company. Industrial Alliance Securities set a $6.50 price target on Carlyle Credit Income Fund in a report on Thursday, October 2nd. Finally, Zacks Research raised Carlyle Credit Income Fund from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 29th.

Carlyle Credit Income Fund Stock Performance

Carlyle Credit Income Fund stock opened at $5.03 on Friday. Carlyle Credit Income Fund has a fifty-two week low of $4.69 and a fifty-two week high of $8.29. The firm’s 50-day simple moving average is $5.38 and its 200 day simple moving average is $5.86.

Carlyle Credit Income Fund (NYSE:CCIF) last posted its quarterly earnings data on Tuesday, November 18th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.06). The business had revenue of $7.74 million for the quarter, compared to analysts’ expectations of $8.97 million.

Carlyle Credit Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be given a $0.105 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 25.0%. The ex-dividend date is Tuesday, February 17th.

Institutional Trading of Carlyle Credit Income Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of CCIF. Bulldog Investors LLP bought a new position in Carlyle Credit Income Fund in the 3rd quarter valued at $1,911,000. J.W. Cole Advisors Inc. raised its position in shares of Carlyle Credit Income Fund by 17.9% in the third quarter. J.W. Cole Advisors Inc. now owns 258,713 shares of the company’s stock worth $1,506,000 after buying an additional 39,233 shares in the last quarter. Cetera Investment Advisers boosted 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 valued at $699,000 after buying an additional 8,936 shares during the period. Arlington Capital Management Inc. bought a new stake in Carlyle Credit Income Fund during the third quarter valued at $278,000. Finally, Pasadena Private Wealth LLC purchased a new position in Carlyle Credit Income Fund during the first quarter worth about $139,000.

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.