Brokers Issue Forecasts for CGBD Q1 Earnings

Carlyle Secured Lending, Inc. (NASDAQ:CGBD - Free Report) - Stock analysts at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for shares of Carlyle Secured Lending in a note issued to investors on Thursday, November 7th. B. Riley analyst B. Rowe forecasts that the company will earn $0.44 per share for the quarter. The consensus estimate for Carlyle Secured Lending's current full-year earnings is $1.96 per share. B. Riley also issued estimates for Carlyle Secured Lending's Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.45 EPS, Q4 2025 earnings at $0.45 EPS and FY2025 earnings at $1.80 EPS.

Several other brokerages have also recently issued reports on CGBD. JPMorgan Chase & Co. cut shares of Carlyle Secured Lending from a "neutral" rating to an "underweight" rating and set a $17.00 price objective on the stock. in a research note on Monday, July 29th. Wells Fargo & Company dropped their price objective on Carlyle Secured Lending from $17.00 to $16.00 and set an "equal weight" rating for the company in a research note on Thursday.

Carlyle Secured Lending Stock Down 0.4 %

Shares of NASDAQ CGBD traded down $0.06 during mid-day trading on Monday, reaching $16.41. The company had a trading volume of 97,944 shares, compared to its average volume of 210,226. Carlyle Secured Lending has a 52-week low of $14.21 and a 52-week high of $18.74. The stock has a market cap of $835.37 million, a P/E ratio of 9.20 and a beta of 1.59. The company has a current ratio of 1.11, a quick ratio of 1.85 and a debt-to-equity ratio of 0.99. The firm has a 50 day simple moving average of $17.14 and a two-hundred day simple moving average of $17.39.

Carlyle Secured Lending (NASDAQ:CGBD - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The company had revenue of $55.97 million during the quarter, compared to analysts' expectations of $39.92 million. Carlyle Secured Lending had a net margin of 40.69% and a return on equity of 12.60%. During the same quarter last year, the company posted $0.52 EPS.

Institutional Investors Weigh In On Carlyle Secured Lending

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Advisors Asset Management Inc. lifted its position in Carlyle Secured Lending by 7.0% during the third quarter. Advisors Asset Management Inc. now owns 265,982 shares of the company's stock valued at $4,514,000 after buying an additional 17,434 shares in the last quarter. BluePointe Capital Management LLC boosted its position in Carlyle Secured Lending by 4.8% during the 3rd quarter. BluePointe Capital Management LLC now owns 58,273 shares of the company's stock worth $1,020,000 after purchasing an additional 2,691 shares during the period. Apollon Wealth Management LLC purchased a new position in Carlyle Secured Lending in the third quarter valued at about $337,000. United Advisor Group LLC lifted its stake in shares of Carlyle Secured Lending by 13.6% during the third quarter. United Advisor Group LLC now owns 15,105 shares of the company's stock worth $256,000 after purchasing an additional 1,803 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of Carlyle Secured Lending by 10.7% in the third quarter. Janney Montgomery Scott LLC now owns 44,843 shares of the company's stock worth $761,000 after buying an additional 4,329 shares during the period. 24.51% of the stock is currently owned by hedge funds and other institutional investors.

Carlyle Secured Lending Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 10.97%. The ex-dividend date is Tuesday, December 31st. Carlyle Secured Lending's dividend payout ratio (DPR) is presently 89.39%.

About Carlyle Secured Lending

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.