Carlyle Secured Lending, Inc. (CGBD)
| Market Cap | 849.45M |
| Revenue (ttm) | 232.59M |
| Net Income (ttm) | 85.48M |
| Shares Out | 50.96M |
| EPS (ttm) | 1.58 |
| PE Ratio | 10.59 |
| Forward PE | 9.62 |
| Dividend | $1.80 (10.79%) |
| Ex-Dividend Date | Mar 24, 2025 |
| Volume | 149,868 |
| Open | 16.60 |
| Previous Close | 16.52 |
| Day's Range | 16.57 - 16.68 |
| 52-Week Range | 15.01 - 18.74 |
| Beta | 1.64 |
| Analysts | Sell |
| Price Target | 17.00 (+1.98%) |
| Earnings Date | May 6, 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 Forecast
According to 2 analysts, the average rating for CGBD stock is "Sell." The 12-month stock price forecast is $17.0, which is an increase of 1.98% from the latest price.
News
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...
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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...
Carlyle Secured Lending: Trades At A Premium But For Good Reason (Rating Downgrade)
I am downgrading my rating on Carlyle Secured Lending to a hold due to its current premium to NAV, making it less attractive for new positions. CGBD's portfolio strength, high dividend yield of 10.3%,...
My Top 10 BDCs For 2025
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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...