Carlyle Secured Lending (NASDAQ:CGBD) Receives Neutral Rating from B. Riley

Key Points

• B. Riley has raised the price target for Carlyle Secured Lending (NASDAQ:CGBD) from $14.00 to $14.50, suggesting a potential upside of 4.09% based on the previous closing price.
• Carlyle Secured Lending is currently rated as "Hold" by analysts, with an average price target of $15.10, highlighting varying opinions on the stock's future trajectory among different firms.
• The company reported earnings of $0.39 per share for the last quarter, matching analyst estimates, but fell short of revenue expectations with $67.28 million versus the forecast of $67.53 million.

B. Riley reissued their neutral rating on shares of Carlyle Secured Lending (NASDAQ:CGBD - Free Report) in a research report released on Monday, MarketBeat.com reports. The firm currently has a $14.50 price objective on the stock, up from their prior price objective of $14.00. B. Riley also issued estimates for Carlyle Secured Lending's Q1 2026 earnings at $0.39 EPS, 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 analysts have also recently issued reports on the stock. Wells Fargo & Company upgraded shares of Carlyle Secured Lending from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $13.00 to $15.00 in a research note on Friday, July 25th. Oppenheimer decreased their price target on shares of 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. dropped their price target on shares of Carlyle Secured Lending from $17.00 to $14.00 and set an "underweight" rating on the stock in a research report on Thursday, April 24th. Finally, Raymond James Financial assumed coverage on shares of Carlyle Secured Lending in a report on Thursday, July 17th. They issued a "market perform" rating on the stock. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $15.10.

Carlyle Secured Lending Trading Down 0.4%

CGBD traded down $0.06 during mid-day trading on Monday, hitting $13.61. The stock had a trading volume of 179,550 shares, compared to its average volume of 352,342. The stock's fifty day simple moving average is $13.91 and its 200-day simple moving average is $15.16. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.73 and a quick ratio of 0.73. The firm has a market capitalization of $693.31 million, a price-to-earnings ratio of 11.33 and a beta of 0.88. Carlyle Secured Lending has a 1-year low of $13.12 and a 1-year high of $18.64.

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.39 earnings per share for the quarter, meeting analysts' consensus estimates of $0.39. The business had revenue of $67.28 million during the quarter, compared to the consensus estimate of $67.53 million. Carlyle Secured Lending had a net margin of 29.71% and a return on equity of 9.85%. As a group, research analysts forecast that Carlyle Secured Lending will post 1.97 EPS for the current fiscal year.

Carlyle Secured Lending Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be paid a $0.40 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.60 dividend on an annualized basis and a yield of 11.8%. Carlyle Secured Lending's payout ratio is presently 133.33%.

Hedge Funds Weigh In On Carlyle Secured Lending

A number of hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in Carlyle Secured Lending by 37.8% in the 4th quarter. JPMorgan Chase & Co. now owns 29,629 shares of the company's stock worth $531,000 after acquiring an additional 8,129 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Carlyle Secured Lending by 10.0% during the 4th quarter. Wells Fargo & Company MN now owns 31,778 shares of the company's stock valued at $570,000 after acquiring an additional 2,893 shares during the last quarter. Invesco Ltd. raised its holdings in Carlyle Secured Lending by 1,449.1% during the 4th quarter. Invesco Ltd. now owns 659,564 shares of the company's stock valued at $11,826,000 after buying an additional 616,988 shares during the period. Raymond James Financial Inc. purchased a new stake in Carlyle Secured Lending during the 4th quarter valued at $3,223,000. Finally, Rockefeller Capital Management L.P. increased its stake in Carlyle Secured Lending by 54.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 47,988 shares of the company's stock worth $860,000 after purchasing an additional 16,930 shares during the period. Hedge funds and other institutional investors own 24.51% of the company's stock.

About Carlyle Secured Lending

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.