NASDAQ:CGBD Carlyle Secured Lending (CGBD) Stock Forecast, Price & News $14.88 +0.10 (+0.68%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$14.70▼$14.9050-Day Range$14.52▼$15.8352-Week Range$11.23▼$15.89Volume201,936 shsAverage Volume199,929 shsMarket Capitalization$755.76 millionP/E Ratio9.79Dividend Yield9.95%Price Target$15.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Carlyle Secured Lending MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside4.2% Upside$15.50 Price TargetShort InterestHealthy0.91% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$73,900 Bought Last QuarterProj. Earnings Growth-1.46%From $2.06 to $2.03 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.1.66 out of 5 starsFinancial Services Sector15th out of 19 stocksAsset Management Industry3rd out of 6 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 $15.50, Carlyle Secured Lending has a forecasted upside of 4.2% from its current price of $14.88.Amount of Analyst CoverageCarlyle Secured Lending has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.91% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Carlyle Secured Lending has recently increased by 10.79%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipCarlyle Secured Lending is a leading dividend payer. It pays a dividend yield of 10.01%, 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 97.37%. 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 72.91% 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 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Carlyle Secured Lending this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for CGBD on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows12 people have added Carlyle Secured Lending to their MarketBeat watchlist in the last 30 days. This is an increase of 1,100% 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 $73,900.00 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 21.55% 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 -1.46% in the coming year, from $2.06 to $2.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carlyle Secured Lending is 9.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Carlyle Secured Lending is 9.79, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 245.35.Price to Book Value per Share RatioCarlyle Secured Lending has a P/B Ratio of 0.88. 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) StockCarlyle 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.Read More CGBD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CGBD Stock News HeadlinesSeptember 13, 2023 | msn.comCarlyle Secured Lending: Q2 Update - A So-So Quarter In An Overall Strong TrendAugust 10, 2023 | seekingalpha.comCarlyle Secured Lending: Exceptional Dividend Yield With Solid Net Investment Income CoverageSeptember 26, 2023 | Behind the Markets (Ad)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.August 9, 2023 | finance.yahoo.comCarlyle Secured Lending, Inc. (CGBD) Beats Q2 Earnings EstimatesJuly 13, 2023 | finance.yahoo.comCarlyle Secured Lending, Inc. Schedules Second Quarter 2023 Financial Results and Investor Conference CallJune 2, 2023 | msn.comCarlyle Secured Lending: Outperformance Continues While Dividend Coverage Grows For This 13%-Yielding BDCMay 12, 2023 | msn.comWells Fargo Maintains Carlyle Secured Lending (CGBD) Equal-Weight RecommendationMay 12, 2023 | msn.comOppenheimer Reiterates Carlyle Secured Lending (CGBD) Perform RecommendationSeptember 26, 2023 | Behind the Markets (Ad)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...May 11, 2023 | finance.yahoo.comCarlyle Secured Lending, Inc. (NASDAQ:CGBD) Q1 2023 Earnings Call TranscriptMay 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 EstimatesApril 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 CallMarch 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?November 10, 2022 | msn.com4 Analysts Have This to Say About Carlyle Secured LendingSee More Headlines 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 Company Calendar Ex-Dividend for 7/18 Dividend6/29/2023Dividend Payable7/18/2023Last Earnings8/08/2023Today9/26/2023Ex-Dividend for 10/17 Dividend9/28/2023Dividend Payable10/17/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Asset Management Sub-IndustryN/A SectorFinancial Services Current SymbolNASDAQ:CGBD CUSIPN/A CIK1544206 Webwww.tcgbdc.com Phone(212) 813-4900FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$15.50 High Stock Price Forecast$16.00 Low Stock Price Forecast$14.50 Forecasted Upside/Downside+4.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.52 Trailing P/E Ratio9.79 Forward P/E Ratio7.22 P/E GrowthN/ANet Income$85.64 million Net Margins40.73% Pretax Margin35.52% Return on Equity13.76% Return on Assets5.87% Debt Debt-to-Equity Ratio1.22 Current Ratio1.18 Quick Ratio1.18 Sales & Book Value Annual Sales$207.26 million Price / Sales3.65 Cash Flow$2.38 per share Price / Cash Flow6.26 Book Value$16.89 per share Price / Book0.88Miscellaneous Outstanding Shares50,790,000Free Float50,561,000Market Cap$755.76 million OptionableOptionable Beta1.66 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Aren C. LeeKong (Age 47)CEO, Pres & Director Comp: $101.25kMr. Thomas M. HenniganCFO & Chief Risk OfficerMr. Nelson Joseph (Age 43)Principal Accounting Officer Ms. Allison RudaryHead, Investor RelationsMr. Joshua Lefkowitz (Age 76)Chief Compliance Officer & Sec. Mr. Mark David Jenkins (Age 56)Head of Carlyle Global Credit & Director Mr. Alexander I. PopovVP & Head of Illiquid CreditMr. Michael HadleyVP & Head of UnderwritingMr. Daniel Hahn (Age 38)Managing Director of Global Credit for Illiquid Credit Mr. Joseph KurcheAssociateMore ExecutivesKey CompetitorsEagle Point CreditNYSE:ECCThe Taiwan FundNYSE:TWNTekla Healthcare InvestorsNYSE:HQHDime Community BancsharesNASDAQ:DCOMSculptor Capital ManagementNYSE:SCUView All CompetitorsInsiders & InstitutionsAlexander PopovBought 5,000 shares on 8/30/2023Total: $73,900.00 ($14.78/share)Osaic Holdings Inc.Bought 11,361 shares on 8/21/2023Ownership: 0.097%Royal Bank of CanadaSold 1,791 shares on 8/15/2023Ownership: 0.460%Stifel Financial CorpSold 3,270 shares on 8/15/2023Ownership: 0.056%Wells Fargo & Company MNBought 2,769 shares on 8/15/2023Ownership: 0.047%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 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? 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 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 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. 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