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Carlyle Secured Lending, Inc. (CGBD)

Financial Services | Asset Management | New York, United States | NasdaqGS
11.78 USD +0.12 (1.029%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 11.78

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 4:18 a.m. EDT

The long-term outlook is severely compromised by a multi-year structural decline. Despite a recent single-year dip, the asset has lost nearly a quarter of its value over the last eight years, with four consecutive years of negative annual returns. This persistent downward trajectory suggests the market views the business fundamentals as deteriorating, rendering any 'value' narrative suspect. While the current yield appears attractive at over 13%, this is largely a function of the depressed share price rather than robust cash generation, especially given the high debt load relative to equity. The short-term picture offers a slight reprieve as the stock has stabilized near its 52-week lows, but the lack of positive momentum and the overwhelming bearish positioning in options suggest further downside pressure is likely. Investors should view this as a speculative recovery play rather than a sound investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.035744
AutoARIMA0.036835
AutoETS0.037114
MSTL0.037929

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 50%
H-stat 5.16
Ljung-Box p 0.000
Jarque-Bera p 0.124
Excess Kurtosis -0.81
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-29
Last Dividend Date 2026-06-29
Debt to Equity Ratio 120.607
Revenue per Share 3.626
Market Cap 810,517,952
Trailing P/E 22.65
Forward P/E 8.44
Beta 0.68
Profit Margins 14.26%
Previous Name TCG BDC, Inc.
Website https://carlylesecuredlending.com

As of Aug. 22, 2026, 4:18 a.m. EDT: Speculators are positioning defensively with heavy put volume relative to calls, particularly in the November expiration where out-of-the-money puts dominate open interest. The implied volatility for near-term puts is significantly elevated compared to calls, suggesting a fear of downside gap risk or continued weakness. Call activity is sparse and concentrated at lower strikes, indicating limited bullish conviction for a rally back to previous highs.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.32% 13.38% 11.96% 12.08%
Dividend History
Date Dividend Yield %
2026-06-30 0.35 3.323837
2026-03-31 0.40 3.656307
2025-12-31 0.40 3.202562
2025-09-30 0.40 3.200000
2025-06-30 0.40 2.923977
2025-03-24 0.45 2.723971
2024-12-31 0.45 2.509760
2024-09-30 0.47 2.769594
2024-06-28 0.47 2.649380
2024-03-27 0.48 2.957486
2023-12-28 0.44 2.917772
2023-09-28 0.44 3.047092
2023-06-29 0.44 3.007519
2023-03-30 0.44 3.281134
2022-12-29 0.44 3.105152
2022-09-29 0.40 3.460207
2022-06-29 0.40 3.172086
2022-03-30 0.40 2.779708
2021-12-30 0.39 2.880355
2021-09-29 0.38 2.808574
2021-06-29 0.36 2.712886
2021-03-30 0.37 2.781955
2020-12-30 0.36 3.474904
2020-09-29 0.37 4.061471
2020-06-29 0.37 4.332553
2020-03-30 0.37 6.902985
2019-12-30 0.55 4.083148
2019-09-27 0.37 2.560554
2019-06-27 0.45 3.004005
2019-03-28 0.37 2.542955
2018-12-27 0.57 4.408353
2018-09-27 0.37 2.201071
2018-06-28 0.37 2.171361
2018-03-28 0.37 2.120344
2017-12-28 0.49 2.562761
2017-09-28 0.37 1.977552
2017-06-28 0.37 2.034085
Additional Data
dividendRate 1.5
dividendYield 12.86
exDividendDate 2026-09-30
trailingAnnualDividendRate 1.55
trailingAnnualDividendYield 0.1329331
lastDividendValue 0.35
lastDividendDate 2026-06-30
dividendDate 2026-10-16

Info Dump

Attribute Value
52 Week Change -0.14884394
Address1 One Vanderbilt Avenue
Address2 Suite 3400
All Time High 20.3
All Time Low 4.3
Ask 11.8
Ask Size 1
Average Analyst Rating 2.5 - Buy
Average Daily Volume10 Day 575,210
Average Daily Volume3 Month 584,493
Average Volume 584,493
Average Volume10Days 575,210
Beta 0.683
Bid 11.77
Bid Size 2
Book Value 15.612
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.78
Current Ratio 1.356
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 11.91
Day Low 11.6
Debt To Equity 120.607
Display Name Carlyle Secured Lending
Dividend Date 1,792,108,800
Dividend Rate 1.5
Dividend Yield 12.86
Earnings Call Timestamp End 1,786,114,800
Earnings Call Timestamp Start 1,786,114,800
Earnings Timestamp 1,786,046,400
Earnings Timestamp End 1,793,736,000
Earnings Timestamp Start 1,793,736,000
Ebitda Margins 0.0
Enterprise To Revenue 8.039
Enterprise Value 2,086,828,928
Eps Current Year 1.42333
Eps Forward 1.39602
Eps Trailing Twelve Months 0.52
Esg Populated 0
Ex Dividend Date 1,790,726,400
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 212-813-4901
Fifty Day Average 10.7468
Fifty Day Average Change 1.0331993
Fifty Day Average Change Percent 0.096140176
Fifty Two Week Change Percent -14.884395
Fifty Two Week High 13.98
Fifty Two Week High Change -2.1999998
Fifty Two Week High Change Percent -0.15736766
Fifty Two Week Low 9.945
Fifty Two Week Low Change 1.835
Fifty Two Week Low Change Percent 0.18451484
Fifty Two Week Range 9.945 - 13.98
Financial Currency USD
First Trade Date Milliseconds 1,497,447,000,000
Five Year Avg Dividend Yield 11.12
Forward Eps 1.39602
Forward P E 8.438274
Free Cashflow 270,540,992
Full Exchange Name NasdaqGS
Fullday Change 0.12
Fullday Change Percent 1.02916
Fullday Price 11.78
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 259,586,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0035499998
Held Percent Institutions 0.40521
Implied Shares Outstanding 68,804,581
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,782,777,600
Last Dividend Value 0.35
Last Fiscal Year End 1,767,139,200
Long Business Summary 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. 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.
Long Name Carlyle Secured Lending, Inc.
Market us_market
Market Cap 810,517,952
Market State CLOSED
Max Age 86,400
Message Board Id finmb_26149448
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common 37,010,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 802,261,414
Number Of Analyst Opinions 7
Open 11.6
Operating Cashflow 166,572,992
Operating Margins 0.74028
Payout Ratio 3.0392
Phone 212 813 4900
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 11.78
Post Market Time 1,787,959,806
Prev Name TCG BDC, Inc.
Previous Close 11.66
Price Eps Current Year 8.276366
Price Hint 2
Price To Book 0.7545477
Price To Sales Trailing12 Months 3.1223485
Profit Margins 0.14257
Quick Ratio 0.825
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.5
Region US
Regular Market Change 0.12
Regular Market Change Percent 1.02916
Regular Market Day High 11.91
Regular Market Day Low 11.6
Regular Market Day Range 11.6 - 11.91
Regular Market Open 11.6
Regular Market Previous Close 11.66
Regular Market Price 11.78
Regular Market Time 1,787,947,201
Regular Market Volume 668,434
Return On Assets 0.04804
Return On Equity 0.0325
Revenue Growth -0.077
Revenue Per Share 3.626
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 68,804,581
Shares Percent Shares Out 0.0577
Shares Short 3,973,242
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 4,195,873
Short Name Carlyle Secured Lending, Inc.
Short Percent Of Float 0.058000002
Short Ratio 6.37
Source Interval 15
State NY
Symbol CGBD
Target High Price 14.0
Target Low Price 10.0
Target Mean Price 12.28571
Target Median Price 12.0
Total Cash 25,936,000
Total Cash Per Share 0.377
Total Debt 1,302,247,040
Total Revenue 259,586,000
Tradeable 0
Trailing Annual Dividend Rate 1.55
Trailing Annual Dividend Yield 0.1329331
Trailing Eps 0.52
Trailing P E 22.653847
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 11.50325
Two Hundred Day Average Change 0.2767496
Two Hundred Day Average Change Percent 0.024058385
Type Disp Equity
Volume 668,434
Website https://carlylesecuredlending.com
Zip 10,017