Carlyle Secured Lending (CGBD) – Research Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Carlyle Secured Lending (NASDAQ: CGBD) in the last few weeks:

• 11/11/2025 – Carlyle Secured Lending had its price target lowered by analysts at B. Riley from $14.50 to $13.00. They now have a “neutral” rating on the stock.
• 11/10/2025 – Carlyle Secured Lending was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating.
• 11/6/2025 – Carlyle Secured Lending had its price target lowered by analysts at JPMorgan Chase & Co. from $12.50 to $12.00. They now have a “neutral” rating on the stock.
• 11/6/2025 – Carlyle Secured Lending had its price target lowered by analysts at Wells Fargo & Company from $15.00 to $14.00. They now have an “overweight” rating on the stock.
• 10/7/2025 – Carlyle Secured Lending was upgraded by analysts at Raymond James Financial, Inc. from a “market perform” rating to an “outperform” rating. They now have a $15.00 price target on the stock.
• 10/1/2025 – Carlyle Secured Lending was upgraded by analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating. They now have a $12.50 price target on the stock, down previously from $13.50.

Carlyle Secured Lending Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Wednesday, December 31st will be given a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.60 annualized dividend and a dividend yield of 13.7%. Carlyle Secured Lending’s dividend payout ratio is currently 135.59%.

Insider Activity

In other news, CFO Thomas M. Hennigan bought 7,285 shares of the stock in a transaction dated Wednesday, August 20th. The stock was bought at an average price of $13.75 per share, for a total transaction of $100,168.75. Following the purchase, the chief financial officer directly owned 88,495 shares in the company, valued at $1,216,806.25. This trade represents a 8.97% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.61% of the company’s stock.

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.