B. Riley Expects Weaker Earnings for Carlyle Secured Lending

Key Points

• B. Riley has lowered its Q1 2026 earnings per share estimate for Carlyle Secured Lending from $0.40 to $0.39, maintaining a "Neutral" rating with a price target of $14.50.
• Several analysts have adjusted target prices for the stock, with Oppenheimer lowering it from $17.00 to $15.00 and JPMorgan reducing it to $14.00.
• Carlyle Secured Lending will pay a quarterly dividend of $0.40 on October 17, representing an annualized yield of 11.6% with a currently high payout ratio of 133.33%.

Carlyle Secured Lending, Inc. (NASDAQ:CGBD - Free Report) - Stock analysts at B. Riley dropped their Q1 2026 earnings per share (EPS) estimates for shares of Carlyle Secured Lending in a research report issued to clients and investors on Monday, August 11th. B. Riley analyst S. Adams now expects that the company will post earnings of $0.39 per share for the quarter, down from their previous forecast of $0.40. B. Riley has a "Neutral" rating and a $14.50 price objective on the stock. The consensus estimate for Carlyle Secured Lending's current full-year earnings is $1.97 per share. B. Riley also issued estimates for Carlyle Secured Lending's Q2 2026 earnings at $0.38 EPS, Q3 2026 earnings at $0.39 EPS, Q4 2026 earnings at $0.39 EPS and FY2026 earnings at $1.55 EPS.

A number of other research analysts have also recently weighed in on the company. Oppenheimer reduced their target price 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. JPMorgan Chase & Co. reduced their price objective on Carlyle Secured Lending from $17.00 to $14.00 and set an "underweight" rating on the stock in a research note on Thursday, April 24th. Wells Fargo & Company upgraded Carlyle Secured Lending from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $13.00 to $15.00 in a report on Friday, July 25th. Finally, Raymond James Financial began coverage on shares of Carlyle Secured Lending in a research report on Thursday, July 17th. They set a "market perform" rating on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $15.10.

Carlyle Secured Lending Stock Down 0.8%

Shares of NASDAQ CGBD opened at $13.82 on Tuesday. The stock has a market capitalization of $704.27 million, a PE ratio of 11.52 and a beta of 0.88. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.09. The firm has a fifty day moving average of $13.92 and a 200-day moving average of $15.21. Carlyle Secured Lending has a 52-week low of $13.12 and a 52-week high of $18.64.

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $67.28 million during the quarter, compared to analyst estimates of $67.53 million. Carlyle Secured Lending had a net margin of 29.71% and a return on equity of 9.85%.

Carlyle Secured Lending Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.60 dividend on an annualized basis and a yield of 11.6%. Carlyle Secured Lending's dividend payout ratio is currently 133.33%.

Institutional Investors Weigh In On Carlyle Secured Lending

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Prime Capital Investment Advisors LLC acquired a new position in Carlyle Secured Lending in the second quarter worth about $30,158,000. Invesco Ltd. increased its holdings in shares of Carlyle Secured Lending by 1,449.1% in the 4th quarter. Invesco Ltd. now owns 659,564 shares of the company's stock valued at $11,826,000 after acquiring an additional 616,988 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Carlyle Secured Lending during the 2nd quarter valued at approximately $5,717,000. Y Intercept Hong Kong Ltd bought a new position in Carlyle Secured Lending during the second quarter worth $2,469,000. Finally, Raymond James Financial Inc. acquired a new position in Carlyle Secured Lending in the fourth quarter worth $3,223,000. 24.51% of the stock is currently owned by hedge funds and other institutional investors.

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.

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