Carlyle Secured Lending (CGBD) to Release Earnings on Tuesday

Carlyle Secured Lending (NASDAQ:CGBD) will likely be posting its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect Carlyle Secured Lending to post earnings of $0.46 per share and revenue of $55.10 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Carlyle Secured Lending Trading Up 1.3 %

Shares of NASDAQ:CGBD opened at $17.68 on Tuesday. Carlyle Secured Lending has a 1 year low of $14.92 and a 1 year high of $18.74. The firm has a market capitalization of $900.09 million, a price-to-earnings ratio of 9.88 and a beta of 1.57. 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 business’s 50 day moving average price is $18.05 and its 200-day moving average price is $17.34.

Analyst Upgrades and Downgrades

CGBD has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their target price on Carlyle Secured Lending from $16.00 to $17.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 29th. JPMorgan Chase & Co. raised their price objective on Carlyle Secured Lending from $16.00 to $17.00 and gave the company an “underweight” rating in a report on Monday, February 3rd. Finally, Bank of America lowered Carlyle Secured Lending from a “buy” rating to an “underperform” rating and set a $17.00 price objective on the stock. in a report 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.