Carlyle Secured Lending (CGBD) Projected to Post Earnings on Tuesday

Carlyle Secured Lending (NASDAQ:CGBD) will likely be announcing 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. Investors that wish to register for the company’s conference call can do so using this link.

Carlyle Secured Lending Price Performance

NASDAQ:CGBD opened at $17.88 on Friday. Carlyle Secured Lending has a one year low of $15.01 and a one year high of $18.74. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.11 and a current ratio of 1.11. 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 firm’s fifty day moving average is $18.07 and its two-hundred day moving average is $17.38.

Wall Street Analyst Weigh In

CGBD has been the topic of several recent analyst reports. Wells Fargo & Company increased their target price on shares of Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Bank of America lowered shares of Carlyle Secured Lending from a “buy” rating to an “underperform” rating and set a $17.00 target price on the stock. in a research note on Monday, February 10th. Finally, JPMorgan Chase & Co. increased their target price on shares of Carlyle Secured Lending from $16.00 to $17.00 and gave the stock an “underweight” rating in a research note on Monday, February 3rd.

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.