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

Carlyle Secured Lending (NASDAQ:CGBD) will likely be releasing its Q1 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $55.50 million for the quarter.

Carlyle Secured Lending Price Performance

CGBD stock opened at $15.05 on Tuesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market capitalization of $766.90 million, a P/E ratio of 8.41 and a beta of 1.22. The business’s 50-day moving average is $16.02 and its two-hundred day moving average is $17.05. Carlyle Secured Lending has a 1 year low of $13.12 and a 1 year high of $18.74.

Carlyle Secured Lending Cuts Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CGBD. Wells Fargo & Company reduced their price target on Carlyle Secured Lending from $17.00 to $14.00 and set an “equal weight” rating on the stock in a research report on Monday. JPMorgan Chase & Co. dropped their price objective on Carlyle Secured Lending from $17.00 to $14.00 and set an “underweight” rating on the stock in a report on Thursday, April 24th. Finally, Bank of America downgraded 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.