Carlyle Secured Lending (CGBD) to Release Quarterly Earnings on Tuesday

Carlyle Secured Lending (NASDAQ:CGBD) is projected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $55.10 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Carlyle Secured Lending Stock Down 0.5 %

Shares of Carlyle Secured Lending stock opened at $17.88 on Monday. The firm has a market cap of $910.27 million, a price-to-earnings ratio of 9.99 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. Carlyle Secured Lending has a 52-week low of $15.01 and a 52-week high of $18.74. The stock has a 50-day simple moving average of $18.07 and a 200-day simple moving average of $17.38.

Analysts Set New Price Targets

CGBD has been the topic of a number of recent analyst reports. 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 research note on Monday, February 3rd. Wells Fargo & Company boosted their price objective 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. Finally, Bank of America cut Carlyle Secured Lending from a “buy” rating to an “underperform” rating and set a $17.00 price objective on the stock. in a research report on Monday, February 10th.

About Carlyle Secured Lending

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.