Carlyle Secured Lending, Inc. (CGBD)
| Market Cap | 916.31M |
| Revenue (ttm) | 238.92M |
| Net Income (ttm) | 93.71M |
| Shares Out | 50.91M |
| EPS (ttm) | 1.72 |
| PE Ratio | 10.44 |
| Forward PE | 10.28 |
| Dividend | $0.48 (2.67%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 1,080,243 |
| Open | 17.82 |
| Previous Close | 17.93 |
| Day's Range | 17.79 - 18.33 |
| 52-Week Range | 14.76 - 18.74 |
| Beta | 1.65 |
| Analysts | Hold |
| Price Target | 16.25 (-9.72%) |
| Earnings Date | Nov 5, 2024 |
About CGBD
Carlyle Secured Lending, Inc. is a 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... [Read more]
Financial Performance
In 2023, Carlyle Secured Lending's revenue was $241.63 million, an increase of 16.58% compared to the previous year's $207.26 million. Earnings were $88.78 million, an increase of 8.09%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for CGBD stock is "Hold." The 12-month stock price forecast is $16.25, which is a decrease of -9.72% from the latest price.
News
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Carlyle Secured Lending: An 11% Yield That Is Still Worth Buying
Carlyle Secured Lending offers an 11% yield, covering its dividend with net investment income, despite a decline in portfolio value and interest income. The non-accrual ratio improved significantly in...
Carlyle Secured Lending: Stocking Stuffer Yielding 9.4%
Carlyle Secured Lending Inc. is an overlooked small-cap business development company, or BDC, with solid fundamentals, poised for growth post-merger despite recent earnings misses. The BDC's dividend ...
The Market Is Missing Out On Carlyle Secured Lending
Carlyle Secured Lending Inc. is a business development company, or BDC, that fills the financing gap for enterprises struggling to acquire more traditional forms of financing (public or bank). The Com...
Carlyle Secured Lending Inc. (CGBD) Q3 2024 Earnings Call Transcript
Carlyle Secured Lending Inc. (NASDAQ:CGBD) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Nishil Mehta - Head of Shareholder Relations Justin Plouffe - Chief Execu...
Carlyle Secured Lending, Inc. Schedules Earnings Release and Quarterly Earnings Call to Discuss its Financial Results for the Third Quarter Ended September 30, 2024
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”) (NASDAQ: CGBD) will host a conference call at 11:00 a.m. EST on Wednesday, November 6, 2024 to ann...
Carlyle Secured Lending: 11% Yield And Merger-Driven Growth (Upgrade)
Carlyle Secured Lending's merger with CSL III promises higher net investment income, improved liquidity, and better diversification, appealing to passive income investors. The stock trades at a 1% pre...
Carlyle Secured Lending, Inc. Prices Public Offering of $300 Million 6.750% Unsecured Notes Due 2030
NEW YORK, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (Nasdaq: CGBD) (the "Company") today announced that it has priced an underwritten public offering of $300 million in aggregate...
Carlyle Secured Lending: Baby Bonds Offer 5.9% YTC For 15 Months
Carlyle Secured Lending focuses on high-EBITDA middle market companies and offers a well-covered dividend of $0.47/share, with a robust Q2 performance. CGBD's net investment income of $0.51/share cove...
3 Pillars To Minimize BDC Dividend Cut Risk In Your Portfolio
It is very likely that for most BDCs, the earnings have peaked and the direction of travel is unfavorable. There are both structural and transitory headwinds that put a pressure on earnings, rendering...
Carlyle Secured Lending: Recent Pullback, Merger And Discount To NAV Makes Them A Buy (Rating Upgrade)
Carlyle Secured Lending is a promising BDC, benefiting from a merger with Carlyle Secured Lending III, enhancing their liquidity and scale. Despite a miss on their top & bottom lines, dividend coverag...
2 BDCs That Improved And 2 That Got Worse After Q2 Earnings
The recent BDC market dynamics indicate that quality will play an important role over the foreseeable future. Looking at the recent quarterly earnings data that have been published by many BDCs, we ca...
BDC Weekly Review: Yield Myopia Ignores The Right Metrics
We take a look at the action in business development companies through the second week of August and highlight some of the key themes we are watching. BDCs underperformed with a total return of -2% du...
CARLYLE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Carlyle Secured Lending, Inc. - CGBD
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Carlyle Secure...
Carlyle Secured Lending: Strong Quarter With Stronger Future
Carlyle Secured Lending has outperformed the BDC market by 12% on a YTD basis. The Q2 earnings report shows solid performance, high dividend coverage, and potential for portfolio growth despite a slig...
Carlyle Secured Lending Inc. (CGBD) Q2 2024 Earnings Call Transcript
Carlyle Secured Lending Inc. (NASDAQ:CGBD) Q2 2024 Earnings Conference Call August 5, 2024 10:00 AM ET Company Participants Nishil Mehta - Head of Shareholder Relations Justin Plouffe - Chief Executi...
Carlyle Secured Lending, Inc. Announces Financial Results For Second Quarter Ended 2024, Declares Third Quarter 2024 Dividends of $0.47 Per Common Share and Announces Merger Agreement with Carlyle Secured Lending III
NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CGBD” or the “Company”) (NASDAQ: CGBD) today announced its f...
Carlyle Secured Lending, Inc. Announces Merger with Carlyle Secured Lending III
Provides meaningful scale and diversity to CGBD through addition of a Carlyle-managed portfolio Carlyle to exchange CGBD convertible preferred stock for CGBD common stock at NAV, eliminating current 5...
Carlyle Secured Lending, Inc. Schedules Earnings Release and Quarterly Earnings Call to Discuss its Financial Results for the Second Quarter Ended June 30, 2024
NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”) (NASDAQ: CGBD) will host a conference call at 10:00 a.m. EST on Monday, August 5, 2024 to announce...
Carlyle Secured Lending: Strong Fundamentals Make This BDC A Perfect Portfolio Addition On A Pullback
Carlyle Secured Lending has shown a solid performance and growth in high interest rate environment. CGBD's latest earnings beat expectations with solid net investment income and total investment incom...
Carlyle Secured Lending: Consistently Strong Performance Drives Valuation Rerating
We catch up on the Q1 results of Carlyle Secured Lending. CGBD stock delivered a solid 3.4% total NAV return in Q1, outperforming the sector once again. Non-accruals fell to a very low 0.2% as one pos...
Carlyle Secured Lending: High Quality BDC But Trades At A Premium
Carlyle Secured Lending has outperformed the S&P 500 due to its high dividend yield and consistent level of high distributions received. CGBD's portfolio of debt investments is highly diversified and ...
2 BDCs Yielding Above 11% That Have Below Average Risk Profile
The private credit and BDC space has become an attractive place where yield chasing investors can deploy capital.
Carlyle Secured Lending, Inc. Announces Financial Results For First Quarter Ended 2024, Declares Second Quarter 2024 Dividends of $0.47 Per Common Share
NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”) (NASDAQ: CGBD) today announced its fin...