CGBD Stock Summary and Trading Ideas (Carlyle Secured Lending - Closed End | NASDAQ:CGBD)

Carlyle Secured Lending Inc is a specialty finance company that is a closed-end, externally managed, non-diversified management investment company. It focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies located in the United States. The company's investment objective is to generate current income and capital appreciation through debt investments in U.S. middle-market companies.

Carlyle Secured Lending - Closed End trades on the NASDAQ stock market under the symbol CGBD.

As of January 31, 2025, CGBD stock price climbed to $18.56 with 176,783 million shares trading.

CGBD has a beta of 0.44, meaning it tends to be less sensitive to market movements. CGBD has a correlation of 0.11 to the broad based SPY ETF.

CGBD has a market cap of $944.82 million. This is considered a Small Cap stock.

Last quarter Carlyle Secured Lending - Closed End reported $56 million in Revenue and $.49 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.01.

In the last 3 years, CGBD traded as high as $18.74 and as low as $11.23.

The top ETF exchange traded funds that CGBD belongs to (by Net Assets): BIZD, KBWD, VPC.

CGBD has outperformed the market in the last year with a return of +33.1%, while the SPY ETF gained +26.1%. In the last 3 month period, CGBD beat the market returning +11.8%, while SPY returned +6.2%. However, in the most recent 2 weeks CGBD has underperformed the stock market by returning +0.5%, while SPY returned +0.7%.

CGBD support price is $18.27 and resistance is $18.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CGBD shares will trade within this expected range on the day.