Streetbeat News

CGBD

Carlyle Secured Lending, Inc.

https://www.tcgbdc.com

Industry

Asset Management

TCG BDC, 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. The fund seeks to invest across United States of America, Luxembourg, Cayman Islands, Cyprus, and United Kingdom. It invests in companies with EBITDA between $25 million and $100 million.

Open

17.68

Mkt cap

908M

Volume

239K

High

17.93

P/E Ratio

10.31

52-wk high

18.74

Low

17.62

Div yield

0.10

52-wk low

14.76

Carlyle Secured Lending announced the immediate appointment of Justin Plouffe as President, CEO, and Board Member, succeeding Aren Leekong who has resigned.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 11:20 am

Citigroup analyst Arren Cyganovich has maintained a Buy rating on Carlyle Secured Lending (CGBD) and increased the price target from $16 to $17.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 6:50 pm

JP Morgan analyst Melissa Wedel maintains a Neutral rating on Carlyle Secured Lending (CGBD) and raises the price target from $15 to $16.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 2:29 pm

Carlyle Secured Lending (CGBD) reported Q4 2023 earnings of $0.56 per share, surpassing the consensus estimate of $0.53. Quarterly sales reached $62.69M, exceeding the $56.74M estimate and marking an 11.87% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 11:06 pm

Numerous companies are scheduled to report their earnings on February 26, 2024, covering a wide range of industries from energy to technology. Key reports include Kosmos Energy, Krystal Biotech, Li Auto, and Domino's Pizza, among others. The diversity of sectors represented suggests a comprehensive insight into the economic and business trends affecting these markets.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 9:47 am

Carlyle Secured Lending (NASDAQ:CGBD) is scheduled to release its quarterly earnings report on February 26, 2024, with an estimated EPS of $0.52. The company's past earnings performance shows a mixed impact on its stock price, with minor fluctuations following earnings announcements. Shares are currently trading at $15.43, reflecting a slight 0.45% decrease over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 7:01 pm

Wells Fargo analyst Timothy O'Shea has maintained an Equal-Weight rating on Carlyle Secured Lending (CGBD) and increased the price target from $14 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 2:51 pm

Citigroup analyst Arren Cyganovich has maintained a 'Buy' rating on Carlyle Secured Lending (NASDAQ:CGBD) and raised the price target from $15 to $16.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 2:05 pm

Carlyle Secured Lending (NASDAQ:CGBD) reported Q2 earnings of $0.52 per share, beating the analyst consensus estimate of $0.48 by 8.33%. This represents a 642.86% increase over earnings of $0.07 per share from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:54 pm

B. Riley Securities has initiated coverage on Carlyle Secured Lending (NASDAQ:CGBD) with a Neutral rating and a price target of $16.

Portfolio Pulse from richadhand@benzinga.com

July 28, 2023 | 9:50 am

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