Carlyle Secured Lending (CGBD) Stock Price, News & Analysis

Company Overview

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. The fund seeks to invest across United States of America, Luxembourg, Cayman Islands, Cyprus, and United Kingdom. It invests in companies with EBITDA between $25 million and $100 million.

Key Stats

• Today's Range: $16.42 to $16.65
• 50-Day Range: $16.22 to $17.82
• 52-Week Range: $14.71 to $18.74
• Volume: 151,572 shs
• Average Volume: 209,053 shs
• Market Capitalization: $845.62 million
• P/E Ratio: 9.28
• Dividend Yield: 9.63%
• Price Target: $16.67
• Consensus Rating: Hold

Carlyle Secured Lending Stock Analysis - MarketRank™

Carlyle Secured Lending scored higher than 50% of companies evaluated by MarketBeat, and ranked 622nd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Carlyle Secured Lending has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

Carlyle Secured Lending has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -11.06%

Earnings Growth

Earnings for Carlyle Secured Lending are expected to decrease by -11.06% in the coming year, from $1.99 to $1.77 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Carlyle Secured Lending is 9.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of Carlyle Secured Lending is 9.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.34.

Price to Book Value per Share Ratio

Carlyle Secured Lending has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.69% of the float of Carlyle Secured Lending has been sold short.

Short Interest Ratio / Days to Cover

Carlyle Secured Lending has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Carlyle Secured Lending has recently decreased by 9.63%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Carlyle Secured Lending is a leading dividend payer. It pays a dividend yield of 9.86%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Carlyle Secured Lending does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Carlyle Secured Lending is 89.39%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Carlyle Secured Lending will have a dividend payout ratio of 90.40% in the coming year. This indicates that Carlyle Secured Lending may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.69% of the float of Carlyle Secured Lending has been sold short.

Short Interest Ratio / Days to Cover

Carlyle Secured Lending has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Carlyle Secured Lending has recently decreased by 9.63%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.52

News Sentiment

Carlyle Secured Lending has a news sentiment score of 1.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Carlyle Secured Lending this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Carlyle Secured Lending insiders have bought more of their company's stock than they have sold. Specifically, they have bought $16,740.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 0.58% of the stock of Carlyle Secured Lending is held by insiders.

Percentage Held by Institutions

Only 24.51% of the stock of Carlyle Secured Lending is held by institutions.

CGBD Stock Analysis - Frequently Asked Questions

How have CGBD shares performed this year?

Carlyle Secured Lending's stock was trading at $14.96 at the beginning of 2024. Since then, CGBD shares have increased by 11.0% and is now trading at $16.61.
View the best growth stocks for 2024 here.

How were Carlyle Secured Lending's earnings last quarter?

Carlyle Secured Lending, Inc. (NASDAQ:CGBD) released its quarterly earnings data on Tuesday, November, 5th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The firm had revenue of $55.97 million for the quarter, compared to analyst estimates of $39.92 million. Carlyle Secured Lending had a net margin of 40.69% and a trailing twelve-month return on equity of 12.60%.

When did Carlyle Secured Lending IPO?

Carlyle Secured Lending (CGBD) raised $171 million in an initial public offering on Wednesday, June 14th 2017. The company issued 9,000,000 shares at $18.50-$19.50 per share. BofA Merrill Lynch, Morgan Stanley, J.P. Morgan, Citigroup, Keefe, Bruyette & Woods (A Stifel Company) and Wells Fargo Securities acted as the underwriters for the IPO and HSBC and Mizuho Securities were co-managers.

Who are Carlyle Secured Lending's major shareholders?

Carlyle Secured Lending's top institutional investors include International Assets Investment Management LLC (0.61%), Advisors Asset Management Inc. (0.52%), Muzinich & Co. Inc. (0.43%) and Sumitomo Mitsui Trust Group Inc. (0.42%). Insiders that own company stock include Thomas M Hennigan, Alexander Popov, Mark David Jenkins, Aren C Leekong, John G Nestor and Jonathan Pearl.
View institutional ownership trends.

How do I buy shares of Carlyle Secured Lending?

Shares of CGBD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Carlyle Secured Lending own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Carlyle Secured Lending investors own include Invesco QQQ (QQQ), SPDR Dow Jones Industrial Average ETF Trust (DIA), SPDR S&P 500 ETF Trust (SPY), Energy Transfer (ET), Hercules Capital (HTGC), Ares Capital (ARCC) and AGNC Investment (AGNC).

Company Calendar

• Ex-Dividend for 10/17 Dividend: 9/30/2024
• Dividend Payable: 10/17/2024
• Last Earnings: 11/05/2024
• Today: 11/20/2024
• Ex-Dividend for 1/17 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/17/2025
• Next Earnings (Estimated): 2/24/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Private households
• Sub-Industry: Financial Services
• Current Symbol: NASDAQ:CGBD
• CUSIP: N/A
• CIK: 1544206
• Web: www.tcgbdc.com
• Phone: (212) 813-4900
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $16.67
• High Stock Price Target: $17.00
• Low Stock Price Target: $16.00
• Potential Upside/Downside: +0.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.79
• Trailing P/E Ratio: 9.28
• Forward P/E Ratio: 8.35
• P/E Growth: N/A
• Net Income: $92.28 million
• Net Margins: 40.69%
• Pretax Margin: 40.69%
• Return on Equity: 12.60%
• Return on Assets: 5.77%

Debt

• Debt-to-Equity Ratio: 0.99
• Current Ratio: 1.11
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: $241.63 million
• Price / Sales: 3.50
• Cash Flow: $2.10 per share
• Price / Cash Flow: 7.91
• Book Value: $16.99 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 50,910,000
• Free Float: 50,611,000
• Market Cap: $845.62 million
• Optionable: Optionable
• Beta: 1.59