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CGBD Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
11.125
Open
11.000
VWAP
11.02
Vol
540.91K
Mkt Cap
782.39M
Low
10.870
Amount
5.96M
EV/EBITDA(TTM)
14.30
Total Shares
70.68M
EV
2.26B
EV/OCF(TTM)
--
P/S(TTM)
3.36
Carlyle Secured Lending, Inc. is a specialty finance company that is a closed-end, externally managed, non-diversified management investment company. The Company's investment objective is to generate current income and capital appreciation primarily through assembling a portfolio of secured debt investments in United States middle market companies. The Company seeks to achieve its investment objective primarily through direct origination of secured debt instruments, including first lien senior secured loans (which may include stand-alone first lien loans, first lien/last out loans and unitranche loans) and second lien senior secured loans (collectively, Middle Market Senior Loans), with a minority of its assets invested in higher yielding investments (which may include unsecured debt, subordinated debt and investments in equities and structured products). The Company is externally managed by its investment adviser, Carlyle Global Credit Investment Management L.L.C.
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Events Timeline

(ET)
2026-02-24
16:20:00
CGBD Reports Q4 NAV per Share of $16.26
select
2025-11-04 (ET)
2025-11-04
17:00:24
Carlyle Secured Lending Posts Q3 EPS of 37c, Below Consensus Estimate of 39c
select

News

seekingalpha
6.0
02-25seekingalpha
Carlyle Secured Lending Upgraded to Buy After Q4 Earnings
  • Upgrade Announcement: B. Riley Securities has upgraded Carlyle Secured Lending from Neutral to Buy, citing an attractive valuation with a maintained price target of $13, reflecting analysts' confidence in its future performance.
  • Earnings Report: Carlyle Secured Lending reported a Q4 non-GAAP EPS of $0.36, missing the consensus estimate by $0.01; however, analysts believe the current valuation discount does not accurately reflect the platform's credit quality.
  • Dividend Yield: The current dividend yield stands at approximately 14%, which analysts highlight as still attractive, noting that the platform's P/NAV has only been at this level for less than 10% of trading days historically, indicating a favorable entry point.
  • Future Outlook: Analysts suggest that despite management turnover, the current P/NAV discount limits downside risk, and the potential uplift from the new joint venture has not yet been factored into core forward forecasts, which could provide additional tailwinds.
seekingalpha
9.5
02-25seekingalpha
Carlyle Secured Lending Inc. Reports Record Q4 2025 Earnings and New Joint Venture
  • Stable Investment Income: CGBD reported total investment income of $67 million for Q4 2025, consistent with the prior quarter, while net investment income stood at $24 million, translating to $0.33 per share on a GAAP basis, demonstrating the company's ongoing ability to maintain stable earnings.
  • Shareholder Return Initiatives: The Board declared a dividend of $0.40 per share for Q1 2026 and repurchased $14 million of shares in Q4 at an average discount of nearly 23%, which is expected to enhance net asset value per share, reflecting the company's commitment to shareholder returns.
  • New Joint Venture Formation: CGBD announced the establishment of Structured Credit Partners (SCP) in collaboration with four BDCs, which is anticipated to increase portfolio diversification and yield, further strengthening the company's competitive position in the market.
  • Positive Future Outlook: Management expects 2026 to be an active year, with earnings projected to trough in the first half due to base rate cuts, but anticipates a rebound in earnings as the joint ventures ramp up and market activity increases.
NASDAQ.COM
2.0
02-25NASDAQ.COM
Carlyle Secured Lending (CGBD) Earnings Call
seekingalpha
8.0
02-25seekingalpha
Carlyle Secured Lending Declares Quarterly Dividend of $0.40
  • Quarterly Dividend Announcement: Carlyle Secured Lending has declared a quarterly dividend of $0.40 per share, consistent with previous distributions, demonstrating the company's ongoing ability to maintain stable cash flows.
  • High Yield: The forward yield of 13.97% makes this dividend attractive to small-cap investors seeking high returns, further solidifying its appeal in the market.
  • Payment Schedule: The dividend is payable on April 16, with a record date of March 31 and an ex-dividend date also set for March 31, ensuring shareholders receive their earnings promptly.
  • Earnings Support Analysis: Although the dividend remains unchanged, analysis indicates that Carlyle Secured Lending's dividend is no longer supported following Q3 earnings, which may impact future dividend policies.
NASDAQ.COM
9.5
02-25NASDAQ.COM
Carlyle Secured Lending Q4 Earnings Decline and Miss Estimates
  • Earnings Decline: Carlyle Secured Lending reported a fourth-quarter net income of $19.08 million, translating to $0.24 per share, down from $20.48 million and $0.40 per share last year, indicating a weakening in profitability.
  • Adjusted Earnings: Excluding special items, adjusted earnings also stood at $19.08 million, or $0.26 per share, failing to meet analysts' expectations of $0.37 per share, reflecting concerns about the company's future earnings potential.
  • Revenue Growth: Despite the earnings decline, the company experienced an 18.7% year-over-year revenue increase to $66.91 million from $56.35 million last year, indicating business growth potential that has not translated into improved profitability.
  • Market Reaction: Given the earnings miss, investors may adopt a cautious stance towards Carlyle Secured Lending's future performance, potentially impacting its stock price and market confidence.
seekingalpha
9.5
02-24seekingalpha
Carlyle Secured Lending Q4 Earnings Miss Expectations
  • Earnings Performance: Carlyle Secured Lending (CGBD) reported a Q4 non-GAAP EPS of $0.36, missing expectations by $0.01, indicating pressure on profitability that may affect investor confidence.
  • Dividend Support Change: Following the Q3 earnings release, Carlyle Secured Lending announced that its dividend is no longer supported, which could heighten investor concerns regarding future cash flows and negatively impact stock performance.
  • Small-Cap Stock Performance: Among small-cap stocks, Carlyle Secured Lending boasts a high dividend yield rating, and despite current underperformance, it may still attract yield-seeking investors, reflecting differing market perceptions of its potential value.
  • Rating Analysis: Seeking Alpha's quantitative rating on Carlyle Secured Lending highlights volatility in historical earnings data, prompting investors to carefully assess future performance to mitigate potential investment risks.
Wall Street analysts forecast CGBD stock price to rise
4 Analyst Rating
Wall Street analysts forecast CGBD stock price to rise
1 Buy
2 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
12.00
Averages
13.00
High
14.00
Current: 0.000
sliders
Low
12.00
Averages
13.00
High
14.00
BofA
Underperform
downgrade
$12 -> $11
AI Analysis
2026-03-09
New
Reason
BofA
Price Target
$12 -> $11
AI Analysis
2026-03-09
New
downgrade
Underperform
Reason
BofA lowered the firm's price target on Carlyle Secured Lending to $11 from $12 and keeps an Underperform rating on the shares. The firm is adjusting forecasts for several business development companies following quarterly reports from the group.
Wells Fargo
Finian O'Shea
Overweight
downgrade
$14 -> $13
2026-02-27
Reason
Wells Fargo
Finian O'Shea
Price Target
$14 -> $13
2026-02-27
downgrade
Overweight
Reason
Wells Fargo analyst Finian O'Shea lowered the firm's price target on Carlyle Secured Lending to $13 from $14 and keeps an Overweight rating on the shares. The firm says that chasing the dividend doesn't strike Wells as the right move, but Carlyle Secured Lending remains a favored discounted play near term.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CGBD
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Valuation Metrics

The current forward P/E ratio for Carlyle Secured Lending Inc (CGBD.O) is 6.32, compared to its 5-year average forward P/E of 7.94. For a more detailed relative valuation and DCF analysis to assess Carlyle Secured Lending Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
7.94
Current PE
6.32
Overvalued PE
8.88
Undervalued PE
6.99

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.73
Current PS
3.89
Overvalued PS
4.22
Undervalued PS
3.24

Financials

AI Analysis
Annual
Quarterly

Whales Holding CGBD

C
Choreo, LLC
Holding
CGBD
-3.73%
3M Return

Trading Trends

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Frequently Asked Questions

What is Carlyle Secured Lending Inc (CGBD) stock price today?

The current price of CGBD is 11.07 USD — it has increased 1.1

What is Carlyle Secured Lending Inc (CGBD)'s business?

Carlyle Secured Lending, Inc. is a specialty finance company that is a closed-end, externally managed, non-diversified management investment company. The Company's investment objective is to generate current income and capital appreciation primarily through assembling a portfolio of secured debt investments in United States middle market companies. The Company seeks to achieve its investment objective primarily through direct origination of secured debt instruments, including first lien senior secured loans (which may include stand-alone first lien loans, first lien/last out loans and unitranche loans) and second lien senior secured loans (collectively, Middle Market Senior Loans), with a minority of its assets invested in higher yielding investments (which may include unsecured debt, subordinated debt and investments in equities and structured products). The Company is externally managed by its investment adviser, Carlyle Global Credit Investment Management L.L.C.

What is the price predicton of CGBD Stock?

Wall Street analysts forecast CGBD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CGBD is13.00 USD with a low forecast of 12.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Carlyle Secured Lending Inc (CGBD)'s revenue for the last quarter?

Carlyle Secured Lending Inc revenue for the last quarter amounts to 60.27M USD, increased 14.44

What is Carlyle Secured Lending Inc (CGBD)'s earnings per share (EPS) for the last quarter?

Carlyle Secured Lending Inc. EPS for the last quarter amounts to 0.24 USD, decreased -33.33

How many employees does Carlyle Secured Lending Inc (CGBD). have?

Carlyle Secured Lending Inc (CGBD) has 0 emplpoyees as of March 12 2026.

What is Carlyle Secured Lending Inc (CGBD) market cap?

Today CGBD has the market capitalization of 782.39M USD.