Carlyle Secured Lending (NASDAQ:CGBD) Stock Rating Upgraded by B. Riley

B. Riley upgraded shares of Carlyle Secured Lending (NASDAQ:CGBD - Free Report) to a hold rating in a research note released on Monday,Zacks.com reports. B. Riley also issued estimates for Carlyle Secured Lending's Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.40 EPS, FY2025 earnings at $1.59 EPS, 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 research analysts also recently issued reports on CGBD. Oppenheimer dropped their price objective 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 objective on shares of Carlyle Secured Lending from $17.00 to $14.00 and set an "underweight" rating on the stock in a report on Thursday, April 24th. Finally, Wells Fargo & Company dropped their price objective on shares of 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. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, Carlyle Secured Lending currently has an average rating of "Hold" and a consensus target price of $14.75.

Carlyle Secured Lending Stock Performance

CGBD traded down $0.05 during trading on Monday, hitting $13.89. The stock had a trading volume of 545,412 shares, compared to its average volume of 253,975. The firm has a market cap of $707.83 million, a PE ratio of 10.29 and a beta of 0.86. Carlyle Secured Lending has a 12 month low of $13.12 and a 12 month high of $18.74. The company has a current ratio of 3.55, a quick ratio of 3.55 and a debt-to-equity ratio of 1.03. The company has a 50 day simple moving average of $14.15 and a 200-day simple moving average of $16.25.

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

Carlyle Secured Lending Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, June 30th. This represents a $1.60 annualized dividend and a dividend yield of 11.52%. Carlyle Secured Lending's dividend payout ratio (DPR) is currently 118.52%.

Hedge Funds Weigh In On Carlyle Secured Lending

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Lido Advisors LLC boosted its position in Carlyle Secured Lending by 12.3% in the fourth quarter. Lido Advisors LLC now owns 11,416 shares of the company's stock valued at $210,000 after buying an additional 1,247 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Carlyle Secured Lending by 1.9% during the fourth quarter. HighTower Advisors LLC now owns 75,065 shares of the company's stock worth $1,346,000 after purchasing an additional 1,373 shares in the last quarter. Sunbelt Securities Inc. lifted its position in shares of Carlyle Secured Lending by 17.1% during the first quarter. Sunbelt Securities Inc. now owns 10,297 shares of the company's stock worth $167,000 after purchasing an additional 1,500 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of Carlyle Secured Lending by 3.5% during the fourth quarter. Global Retirement Partners LLC now owns 50,093 shares of the company's stock worth $898,000 after purchasing an additional 1,679 shares in the last quarter. Finally, Quarry LP acquired a new position in shares of Carlyle Secured Lending during the first quarter worth approximately $32,000. 24.51% of the stock is currently 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.