Carlyle Secured Lending (CGBD) Projected to Post Earnings on Tuesday

Carlyle Secured Lending (NASDAQ:CGBD) is projected to release its Q1 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect Carlyle Secured Lending to post earnings of $0.43 per share and revenue of $55.50 million for the quarter.

Carlyle Secured Lending Stock Performance

Carlyle Secured Lending stock opened at $15.05 on Tuesday. The company has a market cap of $766.90 million, a PE ratio of 8.41 and a beta of 1.22. The company has a fifty day moving average price of $16.02 and a two-hundred day moving average price of $17.05. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.11 and a quick ratio of 1.11. Carlyle Secured Lending has a 12 month low of $13.12 and a 12 month high of $18.74.

Carlyle Secured Lending Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.60 annualized dividend and a dividend yield of 10.63%. Carlyle Secured Lending’s dividend payout ratio is currently 98.77%.

Wall Street Analyst Weigh In

Several brokerages have commented on CGBD. JPMorgan Chase & Co. dropped their price target on shares of Carlyle Secured Lending from $17.00 to $14.00 and set an “underweight” rating on the stock in a research note on Thursday, April 24th. Wells Fargo & Company dropped their price target on shares of Carlyle Secured Lending from $17.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Bank of America lowered shares of Carlyle Secured Lending from a “buy” rating to an “underperform” rating and set a $17.00 price target on the stock. in a research note on Monday, February 10th.

Carlyle Secured Lending Company Profile

Carlyle 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.