Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect Carlyle Secured Lending to post earnings of $0.46 per share and revenue of $55.10 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
Carlyle Secured Lending Stock Performance
Shares of CGBD traded down $0.09 during trading hours on Friday, hitting $17.88. The company had a trading volume of 109,909 shares, compared to its average volume of 209,277. The firm has a market cap of $910.27 million, a price-to-earnings ratio of 9.99 and a beta of 1.57. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.99. The business has a fifty day moving average of $18.07 and a 200-day moving average of $17.37. Carlyle Secured Lending has a 12 month low of $15.01 and a 12 month high of $18.74.
Wall Street Analyst Weigh In
CGBD has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an "underweight" rating in a report on Monday, February 3rd. Bank of America cut Carlyle Secured Lending from a "buy" rating to an "underperform" rating and set a $17.00 price target for the company. in a report on Monday, February 10th. Finally, Wells Fargo & Company upped their price objective on Carlyle Secured Lending from $16.00 to $17.00 and gave the company an "equal weight" rating in a report on Wednesday, January 29th.
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About Carlyle Secured Lending
(
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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.
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