NASDAQ:CGBD Carlyle Secured Lending (CGBD) Stock Forecast, Price & News $14.31 +0.08 (+0.56%) (As of 09:45 AM ET) Add Compare Share Share Today's Range$14.25▼$14.3150-Day Range$13.13▼$14.2352-Week Range$11.23▼$15.89Volume25,016 shsAverage Volume213,717 shsMarket Capitalization$726.80 millionP/E Ratio9.48Dividend Yield10.34%Price Target$15.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Carlyle Secured Lending MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside5.4% Upside$15.00 Price TargetShort InterestHealthy0.90% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.22Based on 7 Articles This WeekInsider TradingAcquiring Shares$91,842 Bought Last QuarterProj. Earnings Growth-1.47%From $2.04 to $2.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.21 out of 5 starsFinance Sector583rd out of 871 stocksPrivate Households Industry3rd out of 5 stocks 1.2 Analyst's Opinion Consensus RatingCarlyle Secured Lending has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, Carlyle Secured Lending has a forecasted upside of 5.4% from its current price of $14.23.Amount of Analyst CoverageCarlyle Secured Lending has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.90% of the float of Carlyle Secured Lending has been sold short.Short Interest Ratio / Days to CoverCarlyle Secured Lending has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Carlyle Secured Lending has recently decreased by 11.52%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipCarlyle Secured Lending is a leading dividend payer. It pays a dividend yield of 10.40%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCarlyle Secured Lending has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Carlyle Secured Lending is 98.01%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Carlyle Secured Lending will have a dividend payout ratio of 73.63% next year. This indicates that Carlyle Secured Lending will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CGBD. Previous Next 3.5 News and Social Media Coverage News SentimentCarlyle Secured Lending has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Carlyle Secured Lending this week, compared to 1 article on an average week.Search Interest4 people have searched for CGBD on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Carlyle Secured Lending to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carlyle Secured Lending insiders have bought more of their company's stock than they have sold. Specifically, they have bought $91,842.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.46% of the stock of Carlyle Secured Lending is held by insiders.Percentage Held by InstitutionsOnly 21.02% of the stock of Carlyle Secured Lending is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Carlyle Secured Lending are expected to decrease by -1.47% in the coming year, from $2.04 to $2.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carlyle Secured Lending is 9.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Carlyle Secured Lending is 9.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 153.00.Price to Book Value per Share RatioCarlyle Secured Lending has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Carlyle Secured Lending (NASDAQ:CGBD) StockTCG BDC is an externally managed specialty finance company focused on lending to middle-market companies. TCG BDC is managed by Carlyle GMS Investment Management L.L.C., an SEC-registered investment adviser and a wholly owned subsidiary of The Carlyle Group L.P. Since it commenced investment operations in May 2013 through March 31, 2017, TCG BDC has invested more than $2.4 billion in aggregate principal amount of debt and equity investments prior to any subsequent exits or repayments. TCG BDC's investment objective is to generate current income and capital appreciation primarily through debt investments in U.S. middle market companies.Read More Receive CGBD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carlyle Secured Lending and its competitors with MarketBeat's FREE daily newsletter. Email Address CGBD Stock News HeadlinesJune 3, 2023 | americanbankingnews.comAren C. Leekong Buys 1,454 Shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD) StockJune 2, 2023 | msn.comCarlyle Secured Lending: Outperformance Continues While Dividend Coverage Grows For This 13%-Yielding BDCJune 5, 2023 | Edge On The Street (Ad)Investor Alert: EV Initiatives Create Unsustainable Demand For LithiumThe soaring demand for lithium is driven by worldwide demand for electric vehicles (EVs). Lithium is ideal for electric cars. It's lightweight, stores lots of energy and is rechargeable. Sales of EVs are expected to increase 10-fold by 2030 and estimates are that 1 in 2 cars sold will be electric by 2040.June 2, 2023 | americanbankingnews.comInsider Buying: Carlyle Secured Lending, Inc. (NASDAQ:CGBD) Director Purchases $19,774.40 in StockMay 24, 2023 | americanbankingnews.comThomas M. Hennigan Buys 3,900 Shares of Carlyle Secured Lending, Inc. (NASDAQ:CGBD) StockMay 12, 2023 | msn.comWells Fargo Maintains Carlyle Secured Lending (CGBD) Equal-Weight RecommendationMay 12, 2023 | msn.comOppenheimer Reiterates Carlyle Secured Lending (CGBD) Perform RecommendationMay 11, 2023 | finance.yahoo.comCarlyle Secured Lending, Inc. (NASDAQ:CGBD) Q1 2023 Earnings Call TranscriptJune 5, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 11, 2023 | markets.businessinsider.comExpert Ratings for Carlyle Secured LendingMay 10, 2023 | msn.comCarlyle Secured Lending GAAP NII of $0.50 beats by $0.01, total investment income of $58.38M misses by $1.35MMay 10, 2023 | finance.yahoo.comCarlyle Secured Lending, Inc. (CGBD) Q1 Earnings Surpass EstimatesMay 7, 2023 | americanbankingnews.comCarlyle Secured Lending (CGBD) Scheduled to Post Earnings on TuesdayApril 18, 2023 | msn.comImplied Volatility Surging for Carlyle Secured Lending (CGBD) Stock OptionsApril 13, 2023 | finance.yahoo.comCarlyle Secured Lending, Inc. Schedules First Quarter 2023 Financial Results and Investor Conference CallApril 1, 2023 | americanbankingnews.comCarlyle Secured Lending (NASDAQ:CGBD) Shares Gap Down to $13.95March 21, 2023 | seekingalpha.comCarlyle Secured Lending: We're Adding To This 13%-Yielding BDCMarch 15, 2023 | seekingalpha.comRide Out The High Yield Carnage With Carlyle Secured Lending's 11% YieldMarch 11, 2023 | finance.yahoo.comCarlyle Secured Lending, Inc. (NASDAQ:CGBD) Q4 2022 Earnings Call TranscriptFebruary 28, 2023 | msn.comCarlyle Secured Lending turns in mixed Q4 results as interest income risesFebruary 27, 2023 | finance.yahoo.comCarlyle Secured Lending, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results, Declares First Quarter 2023 Base Dividend of $0.37 Per Share and Supplemental Dividend of $0.07 per Common ShareJanuary 19, 2023 | finance.yahoo.comCarlyle Secured Lending, Inc. Schedules Fourth Quarter and Full Year 2022 Financial Results and Investor Conference CallDecember 27, 2022 | finance.yahoo.comCarlyle Secured Lending, Inc. (CGBD)November 24, 2022 | finance.yahoo.comCarlyle Secured Lending, Inc. (CGBD) is a Great Momentum Stock: Should You Buy?November 18, 2022 | seekingalpha.comCarlyle Secured Lending: Another Quarter Of Outperformance And Dividend HikesNovember 17, 2022 | benzinga.comCarlyle Secured Lending Director Trades Company's StockNovember 15, 2022 | nasdaq.comCan Carlyle Secured Lending, Inc. (CGBD) Run Higher on Rising Earnings Estimates?See More Headlines CGBD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CGBD Company Calendar Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Last Earnings5/09/2023Today6/05/2023Ex-Dividend for 7/18 Dividend6/29/2023Dividend Payable7/18/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Private households Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CGBD CUSIPN/A CIK1544206 Webwww.tcgbdc.com Phone(212) 813-4900FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$15.00 High Stock Price Forecast$16.00 Low Stock Price Forecast$14.50 Forecasted Upside/Downside+5.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.51 Trailing P/E Ratio9.42 Forward P/E Ratio6.98 P/E GrowthN/ANet Income$85.64 million Net Margins43.60% Pretax Margin38.03% Return on Equity13.05% Return on Assets5.57% Debt Debt-to-Equity Ratio1.26 Current Ratio0.96 Quick Ratio0.96 Sales & Book Value Annual Sales$207.26 million Price / Sales3.49 Cash Flow$2.36 per share Price / Cash Flow6.03 Book Value$16.89 per share Price / Book0.84Miscellaneous Outstanding Shares50,790,000Free Float50,561,000Market Cap$722.74 million OptionableOptionable Beta1.64 Key ExecutivesAren C. LeeKongPresident & Chief Executive OfficerThomas M. HenniganChief Financial & Risk OfficerMark David JenkinsExecutive Director & Managing DirectorDesiree AnnunziatoTreasurerL. Allison RudaryHead-Investor RelationsKey CompetitorsEagle Point CreditNYSE:ECCThe Taiwan FundNYSE:TWNSummit Hotel PropertiesNYSE:INNBanco Latinoamericano de Comercio Exterior, S. A.NYSE:BLXWorld AcceptanceNASDAQ:WRLDView All CompetitorsInsiders & InstitutionsAren C LeekongBought 1,454 shares on 5/31/2023Total: $19,847.10 ($13.65/share)Aren C LeekongBought 1,454 shares on 5/25/2023Total: $19,774.40 ($13.60/share)Putnam Investments LLCBought 48,700 shares on 5/22/2023Ownership: 0.122%Thomas M HenniganBought 3,900 shares on 5/18/2023Total: $52,221.00 ($13.39/share)JPMorgan Chase & Co.Bought 3,142 shares on 5/18/2023Ownership: 0.051%View All Insider TransactionsView All Institutional Transactions 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 brokers have issued 12 month price targets for Carlyle Secured Lending's stock. Their CGBD share price forecasts range from $14.50 to $16.00. On average, they predict the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 5.4% 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 the year. Since then, CGBD shares have decreased by 0.6% and is now trading at $14.23. View the best growth stocks for 2023 here. Are investors shorting Carlyle Secured Lending? Carlyle Secured Lending saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 453,300 shares, a drop of 11.5% from the April 30th total of 512,300 shares. Based on an average daily trading volume, of 220,900 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.9% of the company's shares are short sold. 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, August 8th 2023. View our CGBD earnings forecast. How were Carlyle Secured Lending's earnings last quarter? Carlyle Secured Lending, Inc. (NASDAQ:CGBD) issued its quarterly earnings results on Tuesday, May, 9th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.01. The company earned $41.60 million during the quarter, compared to the consensus estimate of $42.02 million. Carlyle Secured Lending had a trailing twelve-month return on equity of 13.05% and a net margin of 43.60%. 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, May 4th. Shareholders of record on Friday, June 30th will be given a dividend of $0.44 per share on Tuesday, July 18th. This represents a $1.76 annualized dividend and a yield of 12.37%. The ex-dividend date of this dividend is Thursday, June 29th. 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), Virtus Private Credit Strategy ETF (VPC) and VanEck BDC Income ETF (BIZD).GraniteShares HIPS US High Income ETF (HIPS). 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 10.40%. 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 98.01%. 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 73.63% 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Carlyle Secured Lending investors own include Energy Transfer (ET), Hercules Capital (HTGC), Ares Capital (ARCC), Annaly Capital Management (NLY), New Residential Investment (NRZ), AGNC Investment (AGNC), Prospect Capital (PSEC), AT&T (T), TriplePoint Venture Growth BDC (TPVG) and Oxford Lane Capital (OXLC). When did Carlyle Secured Lending IPO? (CGBD) raised $171 million in an initial public offering on Wednesday, June 14th 2017. The company issued 9,000,000 shares at $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 acted 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 many different institutional and retail investors. Top institutional shareholders include LSV Asset Management (2.87%), Two Sigma Advisers LP (0.81%), Two Sigma Investments LP (0.79%), Muzinich & Co. Inc. (0.71%), Sumitomo Mitsui Trust Holdings Inc. (0.70%) and Bank of America Corp DE (0.58%). Insiders that own company stock include 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 $14.23. How much money does Carlyle Secured Lending make? Carlyle Secured Lending (NASDAQ:CGBD) has a market capitalization of $722.74 million and generates $207.26 million in revenue each year. The company earns $85.64 million in net income (profit) each year or $1.51 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 6/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Carlyle Secured Lending, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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