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S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
New AI Stock Payouts (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
3 Stocks That Flourish In The Fall
2 Must-Have Silicon Companies That Don't Make Microchips
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
New AI Stock Payouts (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
3 Stocks That Flourish In The Fall
2 Must-Have Silicon Companies That Don't Make Microchips
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
New AI Stock Payouts (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
3 Stocks That Flourish In The Fall
2 Must-Have Silicon Companies That Don't Make Microchips
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
Small Caps That Have Priced In A Hard Landing For Big Upside
NASDAQ:CGBD

Carlyle Secured Lending (CGBD) Stock Forecast, Price & News

$14.88
+0.10 (+0.68%)
(As of 09/25/2023 ET)
Compare
Today's Range
$14.70
$14.90
50-Day Range
$14.52
$15.83
52-Week Range
$11.23
$15.89
Volume
201,936 shs
Average Volume
199,929 shs
Market Capitalization
$755.76 million
P/E Ratio
9.79
Dividend Yield
9.95%
Price Target
$15.50

Carlyle Secured Lending MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
4.2% Upside
$15.50 Price Target
Short Interest
Healthy
0.91% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$73,900 Bought Last Quarter
Proj. Earnings Growth
-1.46%
From $2.06 to $2.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.66 out of 5 stars

Financial Services Sector

15th out of 19 stocks

Asset Management Industry

3rd out of 6 stocks


CGBD stock logo

About Carlyle Secured Lending (NASDAQ:CGBD) Stock

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. The fund seeks to invest across United States of America, Luxembourg, Cayman Islands, Cyprus, and United Kingdom. It invests in companies with EBITDA between $25 million and $100 million.

CGBD Price History

CGBD Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
AI Creates New Cancer Drug - In Just 30 Days!
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
Expert Ratings for Carlyle Secured Lending
Carlyle Secured Lending, Inc. (CGBD)
See More Headlines
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CGBD Company Calendar

Ex-Dividend for 7/18 Dividend
6/29/2023
Dividend Payable
7/18/2023
Last Earnings
8/08/2023
Today
9/26/2023
Ex-Dividend for 10/17 Dividend
9/28/2023
Dividend Payable
10/17/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Current Symbol
NASDAQ:CGBD
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$15.50
High Stock Price Forecast
$16.00
Low Stock Price Forecast
$14.50
Forecasted Upside/Downside
+4.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$85.64 million
Pretax Margin
35.52%

Debt

Sales & Book Value

Annual Sales
$207.26 million
Cash Flow
$2.38 per share
Book Value
$16.89 per share

Miscellaneous

Free Float
50,561,000
Market Cap
$755.76 million
Optionable
Optionable
Beta
1.66

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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Key Executives

  • Mr. Aren C. LeeKong (Age 47)
    CEO, Pres & Director
    Comp: $101.25k
  • Mr. Thomas M. HenniganMr. Thomas M. Hennigan
    CFO & Chief Risk Officer
  • Mr. Nelson Joseph (Age 43)
    Principal Accounting Officer
  • Ms. Allison Rudary
    Head, Investor Relations
  • Mr. Joshua Lefkowitz (Age 76)
    Chief Compliance Officer & Sec.
  • Mr. Mark David JenkinsMr. Mark David Jenkins (Age 56)
    Head of Carlyle Global Credit & Director
  • Mr. Alexander I. Popov
    VP & Head of Illiquid Credit
  • Mr. Michael Hadley
    VP & Head of Underwriting
  • Mr. Daniel Hahn (Age 38)
    Managing Director of Global Credit for Illiquid Credit
  • Mr. Joseph Kurche
    Associate













CGBD Stock - Frequently Asked Questions

Should I buy or sell Carlyle Secured Lending stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carlyle Secured Lending in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CGBD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CGBD, but not buy additional shares or sell existing shares.
View CGBD analyst ratings
or view top-rated stocks.

What is Carlyle Secured Lending's stock price forecast for 2023?

3 analysts have issued 12 month target prices for Carlyle Secured Lending's shares. Their CGBD share price forecasts range from $14.50 to $16.00. On average, they predict the company's share price to reach $15.50 in the next year. This suggests a possible upside of 4.2% from the stock's current price.
View analysts price targets for CGBD
or view top-rated stocks among Wall Street analysts.

How have CGBD shares performed in 2023?

Carlyle Secured Lending's stock was trading at $14.31 at the beginning of 2023. Since then, CGBD stock has increased by 4.0% and is now trading at $14.88.
View the best growth stocks for 2023 here
.

Are investors shorting Carlyle Secured Lending?

Carlyle Secured Lending saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 408,700 shares, an increase of 10.8% from the August 15th total of 368,900 shares. Based on an average daily volume of 186,600 shares, the short-interest ratio is presently 2.2 days. Approximately 0.9% of the shares of the stock are sold short.
View Carlyle Secured Lending's Short Interest
.

When is Carlyle Secured Lending's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our CGBD earnings forecast
.

How were Carlyle Secured Lending's earnings last quarter?

Carlyle Secured Lending, Inc. (NASDAQ:CGBD) posted its quarterly earnings results on Tuesday, August, 8th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.01. The company earned $42.73 million during the quarter, compared to the consensus estimate of $50.62 million. Carlyle Secured Lending had a net margin of 40.73% and a trailing twelve-month return on equity of 13.76%.

How often does Carlyle Secured Lending pay dividends? What is the dividend yield for Carlyle Secured Lending?

Carlyle Secured Lending announced a quarterly dividend on Thursday, August 3rd. Investors of record on Friday, September 29th will be paid a dividend of $0.44 per share on Tuesday, October 17th. This represents a $1.76 annualized dividend and a yield of 11.83%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for CGBD
.

What ETFs hold Carlyle Secured Lending's stock?

ETFs with the largest weight of Carlyle Secured Lending (NASDAQ:CGBD) stock in their portfolio include Putnam BDC Income ETF (PBDC) and Virtus Private Credit Strategy ETF (VPC).VanEck BDC Income ETF (BIZD).

Is Carlyle Secured Lending a good dividend stock?

Carlyle Secured Lending (NASDAQ:CGBD) pays an annual dividend of $1.48 per share and currently has a dividend yield of 10.01%. CGBD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 97.37%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CGBD will have a dividend payout ratio of 72.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CGBD.

What other stocks do shareholders of Carlyle Secured Lending own?
When did Carlyle Secured Lending IPO?

(CGBD) raised $171 million in an IPO on Wednesday, June 14th 2017. The company issued 9,000,000 shares at a price of $18.50-$19.50 per share. BofA Merrill Lynch, Morgan Stanley, J.P. Morgan, Citigroup, Keefe, Bruyette & Woods (A Stifel Company) and Wells Fargo Securities served as the underwriters for the IPO and HSBC and Mizuho Securities were co-managers.

What is Carlyle Secured Lending's stock symbol?

Carlyle Secured Lending trades on the NASDAQ under the ticker symbol "CGBD."

Who are Carlyle Secured Lending's major shareholders?

Carlyle Secured Lending's stock is owned by a number of retail and institutional investors. Top institutional shareholders include LSV Asset Management (3.05%), Sumitomo Mitsui Trust Holdings Inc. (0.64%), BlackRock Inc. (0.50%), Royal Bank of Canada (0.46%), Mckinley Capital Management LLC (0.36%) and Truist Financial Corp (0.28%). Insiders that own company stock include Alexander Popov, Aren C Leekong, John G Nestor, Jonathan Pearl, Leslie E Bradford, Mark David Jenkins and Thomas M Hennigan.
View institutional ownership trends
.

How do I buy shares of Carlyle Secured Lending?

Shares of CGBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Carlyle Secured Lending's stock price today?

One share of CGBD stock can currently be purchased for approximately $14.88.

How much money does Carlyle Secured Lending make?

Carlyle Secured Lending (NASDAQ:CGBD) has a market capitalization of $755.76 million and generates $207.26 million in revenue each year. The company earns $85.64 million in net income (profit) each year or $1.52 on an earnings per share basis.

How can I contact Carlyle Secured Lending?

Carlyle Secured Lending's mailing address is 520 Madison Avenue 40th Floor, New York NY, 10022. The official website for the company is www.tcgbdc.com. The company can be reached via phone at (212) 813-4900 or via email at publicinvestor@tcgbdc.com.

This page (NASDAQ:CGBD) was last updated on 9/26/2023 by MarketBeat.com Staff

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