Carlyle Secured Lending (NASDAQ:CGBD) Upgraded by B. Riley to "Hold" Rating

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) was upgraded by equities researchers at B. Riley to a "hold" rating in a research report issued 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 weighed in on CGBD. JPMorgan Chase & Co. dropped their price objective on Carlyle Secured Lending from $17.00 to $14.00 and set an "underweight" rating for the company in a report on Thursday, April 24th. Wells Fargo & Company dropped their price target on Carlyle Secured Lending from $14.00 to $13.00 and set an "equal weight" rating for the company in a research note on Thursday, May 8th. Finally, Oppenheimer dropped their price target on Carlyle Secured Lending from $17.00 to $15.00 and set a "market perform" rating for the company in a research note 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 MarketBeat, Carlyle Secured Lending currently has a consensus rating of "Hold" and a consensus price target of $14.75.

Carlyle Secured Lending Price Performance

Shares of Carlyle Secured Lending stock opened at $13.84 on Monday. Carlyle Secured Lending has a twelve month low of $13.12 and a twelve month high of $18.74. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 1.03. The company has a 50-day simple moving average of $14.17 and a two-hundred day simple moving average of $16.32. The stock has a market capitalization of $705.29 million, a price-to-earnings ratio of 10.25 and a beta of 0.86.

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.02). Carlyle Secured Lending had a net margin of 32.72% and a return on equity of 10.49%. The business had revenue of $54.60 million during the quarter, compared to analyst estimates of $55.50 million. Analysts forecast that Carlyle Secured Lending will post 1.97 EPS for the current year.

Institutional Trading of Carlyle Secured Lending

Several large investors have recently bought and sold shares of CGBD. AdvisorNet Financial Inc raised its stake in Carlyle Secured Lending by 81,343.8% during the first quarter. AdvisorNet Financial Inc now owns 26,062 shares of the company's stock worth $422,000 after acquiring an additional 26,030 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Carlyle Secured Lending during the 4th quarter worth approximately $3,223,000. Bank of America Corp DE lifted its stake in Carlyle Secured Lending by 3.8% in the 4th quarter. Bank of America Corp DE now owns 1,192,606 shares of the company's stock valued at $21,383,000 after purchasing an additional 44,033 shares during the last quarter. Condor Capital Management lifted its stake in Carlyle Secured Lending by 8.3% in the 4th quarter. Condor Capital Management now owns 266,836 shares of the company's stock valued at $4,784,000 after purchasing an additional 20,344 shares during the last quarter. Finally, Edge Capital Group LLC lifted its stake in Carlyle Secured Lending by 470.2% in the 4th quarter. Edge Capital Group LLC now owns 64,518 shares of the company's stock valued at $1,157,000 after purchasing an additional 53,204 shares during the last quarter. 24.51% of the stock is owned by institutional investors and hedge funds.

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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