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What Makes Carlyle Secured Lending (CGBD) a New Buy Stock
Zacks Investment Research· 2024-04-22 17:01
Carlyle Secured Lending, Inc. (CGBD) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual ...
Carlyle Secured Lending: Improving Fundamentals Warrant A Buy (Rating Upgrade)
Seeking Alpha· 2024-04-17 17:52
Userba011d64_201January this year, I wrote an article about Carlyle Secured Lending (NASDAQ:CGBD), which is a relatively small sized BDC with a focus on traditional and already established businesses. At that time, I indicated several aspects of CGBD, which made it an interesting BDC to consider in investor portfolios. For example, the major exposure to first lien investments coupled with a diversified portfolio across relatively defensive sectors clearly helped de-risk the portfolio. The underlying div ...
Carlyle Secured Lending: Full Re-Rating Makes This 10% Yielder A Hold (Downgrade)
Seeking Alpha· 2024-03-15 13:28
PixelimageCarlyle Secured Lending Inc. (NASDAQ:CGBD) has re-rated to net asset value, which diminishes the potential for incremental valuation upside, in my view. The business development company reported very solid fourth quarter results that showed that Carlyle Secured Lending continued to out-earn its dividend with NII, and it just raised its regular dividend by 8%. With positive business developments now fully reflected in the stock price, I don’t think that Carlyle Secured Lending has much gas left ...
Carlyle Secured Lending(CGBD) - 2023 Q4 - Earnings Call Transcript
2024-02-27 19:02
Carlyle Secured Lending Inc. (NASDAQ:CGBD) Q4 2023 Results Conference Call February 27, 2024 11:00 AM ET Company Participants Daniel Hahn - Shareholder Relations Aren LeeKong - Chief Executive Officer Tom Hennigan - Chief Financial Officer Conference Call Participants Bryce Rowe - B. Riley Finian O'Shea - Wells Fargo Securities Arren Cyganovich - Citi Melissa Wedel - JPMorgan Operator Thank you for standing by, and welcome to the Carlyle Secured Lending, Inc. Fourth Quarter 2023 Earnings Conference Call. At ...
Carlyle Secured Lending(CGBD) - 2023 Q4 - Annual Report
2024-02-25 16:00
We operate in a highly competitive market for investment opportunities, and compete with investment vehicles sponsored or advised by our af iliates. substantially in size. Additional funds with similar objectives may be formed in the future by Carlyle or by other unrelated parties. Many of our competitors are substantially larger and have considerably greater financial, technical and marketing resources than we do. Consequently, it is possible that competition for appropriate investment opportunities may in ...
Carlyle Secured Lending(CGBD) - 2023 Q4 - Annual Results
2024-02-25 16:00
CURRENT REPORT Maryland 814-00995 80-0789789 (State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.) One Vanderbilt Avenue, Suite 3400 New York New York 10017 (Address of Principal Executive Offices) (Zip Code) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock CGBD The Nasdaq Global Select Market 8.20% Notes due 2028 CGBDL The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging gro ...
Carlyle Secured Lending, Inc. Schedules Fourth Quarter and Full Year 2023 Financial Results and Investor Conference Call
GlobeNewsWire· 2024-01-23 21:39
NEW YORK, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”) (NASDAQ: CGBD) will host a conference call at 11:00 a.m. EST on Tuesday, February 27, 2024 to announce its fourth quarter and full year 2023 financial results, updated from 10:00 a.m. EST as part of the prior announcement. A news release containing the quarterly results will be issued after market close on Monday, February 26, 2024. The conference call will be available via public webcast via a link on Carl ...
Carlyle Secured Lending, Inc. Schedules Fourth Quarter and Full Year 2023 Financial Results and Investor Conference Call
GlobeNewsWire· 2024-01-17 22:20
NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”) (NASDAQ: CGBD) will host a conference call at 10:00 a.m. EST on Tuesday, February 27, 2024 to announce its fourth quarter and full year 2023 financial results. A news release containing the quarterly results will be issued after market close on Monday, February 26, 2024. The conference call will be available via public webcast via a link on Carlyle Secured Lending’s website at carlylesecuredlending.com and ...
Carlyle Secured Lending(CGBD) - 2023 Q3 - Earnings Call Transcript
2023-11-08 17:21
Carlyle Secured Lending Inc. (NASDAQ:CGBD) Q3 2023 Earnings Conference Call November 8, 2023 10:00 AM ET Company Participants Daniel Hahn - Shareholder Relations Aren LeeKong - Chief Executive Officer Tom Hennigan - Chief Financial Officer Conference Call Participants Operator Hello and welcome to the Carlyle Secured Lending Inc. Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. ...
Carlyle Secured Lending(CGBD) - 2023 Q3 - Earnings Call Presentation
2023-11-08 16:26
Combined Investment Funds Portfolio • As of September 30, 2023, three borrowers were on non-accrual status, representing 2.0% of total investments at fair value and 3.2% at amortized cost. | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------|-------|----------------------------|-------------------|-------|---------------------------------|-------------------| | (Dollar amounts in millions) \n Internal Risk Rating | | June 30, 2023 \nFair Value | \n% of Fair V ...