Carlyle Secured Lending, Inc. (CGBD)
| Market Cap | 1.02B |
| Revenue (ttm) | 225.45M |
| Net Income (ttm) | 70.32M |
| Shares Out | 72.90M |
| EPS (ttm) | 1.30 |
| PE Ratio | 10.74 |
| Forward PE | 8.79 |
| Dividend | $1.84 (13.17%) |
| Ex-Dividend Date | Jun 30, 2025 |
| Volume | 116,166 |
| Open | 13.85 |
| Previous Close | 13.79 |
| Day's Range | 13.84 - 13.99 |
| 52-Week Range | 13.12 - 18.64 |
| Beta | 0.90 |
| Analysts | Hold |
| Price Target | 14.00 (+0.21%) |
| Earnings Date | Aug 5, 2025 |
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 2024, Carlyle Secured Lending's revenue was $232.59 million, a decrease of -3.74% compared to the previous year's $241.63 million. Earnings were $85.48 million, a decrease of -3.72%.
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for CGBD stock is "Hold." The 12-month stock price target is $14.0, which is an increase of 0.21% from the latest price.
News
Carlyle Secured Lending, Inc. Schedules Earnings Release and Quarterly Earnings Call to Discuss its Financial Results for the Second Quarter Ended June 30, 2025
NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”) (NASDAQ: CGBD) will host a conference call at 11:00 a.m. EST on Wednesday, August 6, 2025 to annou...
Carlyle Secured Lending: No Margin Of Safety (Rating Downgrade)
Carlyle Secured Lending's portfolio quality deteriorated in 1Q25, with non-accruals rising and net investment income dropping 25% year-over-year. The dividend payout ratio hit 100% (112.5% including s...
BDC Misconceptions Setting Investors Up For Failure
BDCs face a number of misconceptions in the commentariat having to do with earnings, dividend coverage, and more. Short-term rates are still attractive, BDC valuations are reasonable, and portfolio qu...
Carlyle Secured Lending: 11.5% Yield, 16% Discount, And Merger Keep Me Bullish
Despite recent financial declines, I remain bullish on CGBD due to its significant discount to NAV and attractive entry point. The closed merger should provide size, scale, and accretive benefits in u...
Carlyle Secured Lending: Valuation Collapse Makes This BDC A Buy
CGBD features an 11.5% yield and trades at a 16% discount to NAV. The recent merger with CSL III increased portfolio size, improved first-lien allocation, and eliminated preferred stock dilution overh...
BDC Weekly Review: Questions About BDC Income And Price Trends
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How To Lock In Yields Up To 17.1% In Historically Cheap Small Caps
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Carlyle Secured Lending: NAV Continues To Slide Due To Weak Earnings
Carlyle Secured Lending's fundamentals remain solid, but rising non-accruals and shrinking net investment income raise concerns about portfolio health and dividend sustainability. Despite a 21% price ...
BDC Weekly Review: Performance Divergence But No Serious Weakness
We take a look at the action in business development companies through the fourth week of May and highlight some of the key themes we are watching. BDC sector pulled back 2% this week, but remains up ...
BDC Weekly Review: Unrealized Depreciation Nearly Universal In Q1
We take a look at the action in business development companies through the second week of May and highlight some of the key themes we are watching. The BDC sector remained flat on the week, with CGBD ...
Carlyle Secured Lending Inc. (CGBD) Q1 2025 Earnings Call Transcript
Carlyle Secured Lending Inc. (NASDAQ:CGBD) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Nishil Mehta - Head of Shareholder Relations Justin Plouffe - Chief Executive ...
I'm Locking 8-12% Yields For Whatever Comes Next
Capital gains can be volatile, but dividends provide stability. Two high-yield picks, Carlyle Secured Lending and CTO Realty Growth, offer yields of 8-12%. Carlyle Secured Lending offers a 12.2% yield...
CGBDL: It Is A Good Time For Us To Switch Gears
We constantly monitor BDC-issued Baby Bonds due to the issuers' regulatory leverage limitations and attractive yields, using Moody's BDC credit rating methodology for better evaluation. Carlyle Secure...
BDC Weekly Review: CGBD Completes Its Merger
We take a look at the action in business development companies through the last week of March and highlight some of the key themes we are watching. BDCs finished flat for the week with MAIN and HTGC u...
Carlyle Secured Lending: Closed Merger Improved Portfolio Quality
CGBD is a defensively structured BDC with a strong portfolio, solid dividend coverage, and increasing investor recognition, currently trading at a ~0.96x P/BV multiple. The merger with CSL III will en...
Carlyle Secured Lending, Inc. Closes Merger with Carlyle Secured Lending III
NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“CGBD”) (NASDAQ: CGBD) announced today the closing of its previously announced merger with Carlyle Secured Lending III (“CSL...
Carlyle Secured Lending, Inc. Announces Shareholder Approval of Merger with Carlyle Secured Lending III
NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“CGBD”) (NASDAQ: CGBD) announced today that CGBD shareholders voted overwhelmingly in favor of the previously announced merg...
BDC Weekly Review: JPMorgan Muscling In On Private Credit Turf
We take a look at the action in business development companies through the last week of February and highlight some of the key themes we are watching. BDCs remained flat amid volatile risk sentiment, ...
Carlyle Secured Lending: 9.2% Yield & Merger Benefits Make Them Attractive
Carlyle Secured Lending's high yield, solid fundamentals, and small premium to net asset value make it a worthy investment for income-oriented investors. Despite missing Q3 earnings estimates, Carlyle...
Carlyle Secured Lending Inc. (CGBD) Q4 2024 Earnings Call Transcript
Carlyle Secured Lending Inc. (NASDAQ:CGBD) Q4 2024 Earnings Conference Call February 26, 2025 11:00 AM ET Company Participants Nishil Mehta - Head of Shareholder Relations Justin Plouffe - Chief Exec...
Carlyle Secured Lending, Inc. Announces Financial Results For Fourth Quarter and Full Year Ended December 31, 2024, Declares First Quarter 2025 Dividends of $0.45 Per Common Share Inclusive of the Supplemental Dividend
NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CGBD” or the “Company”) (NASDAQ: CGBD) today announced its f...
BDC Weekly Review: Few Worries About MSDL Share Cap Raise
We take a look at the action in business development companies through the second week of February and highlight some of the key themes we are watching. BDCs saw a strong 2% gain, driven by solid earn...
Steeper Yield Curve And BDCs: This Is What You Have To Know
The past couple of months, which include the steepening of the yield curve, have been positive for BDCs. However, higher long-term rates and a steeper yield curve create a net negative effect for BDC ...
Carlyle Secured Lending: Call Risk Makes Baby Bonds Less Appealing
Carlyle Secured Lending's baby bonds face increased call risk, prompting me to sell, despite the company's solid performance and no immediate financial threats. Net investment income has decreased sli...
Carlyle Secured Lending, Inc. Schedules Earnings Release and Quarterly Earnings Call to Discuss its Financial Results for the Fourth Quarter and Full Year Ended December 31, 2024
NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”) (NASDAQ: CGBD) will host a conference call at 11:00 a.m. EST on Wednesday, February 26, 2025 to an...