Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
TCG BDC Inc Market Cap
From what 4 stock analysts predict, the share price for TCG BDC Inc (CGBD) might decrease by 5.18% in the next year. This is based on a 12-month average estimation for CGBD. Price targets go from $16 to $17. The majority of stock analysts believe CGBD is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 4 Wall Street analysts have assignedCGBD 4 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect TCG BDC Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CGBD. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CGBD.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Finian O'Shea Wells Fargo | Equal-Weight | $16 | Maintains | Aug 6, 2024 |
| Melissa Wedel JP Morgan | Underweight | $17 | Downgrade | Jul 29, 2024 |
| Finian O'Shea Wells Fargo | Equal-Weight | $17 | Maintains | Jul 26, 2024 |
| Arren Cyganovich Citigroup | Buy | $17 | Maintains | Feb 28, 2024 |
| Timothy O'Shea Wells Fargo | Equal-Weight | $15 | Maintains | Jan 29, 2024 |
| Arren Cyganovich Citigroup | Buy | $16 | Maintains | Aug 11, 2023 |
| Bryce Rowe B. Riley Securities | Neutral | $16 | Initiates | Jul 28, 2023 |
| Timothy O'Shea Wells Fargo | Equal-Weight | $13.25 | Maintains | May 11, 2023 |
| Mitchel Penn Oppenheimer | Perform | $16 | Reiterates | May 11, 2023 |
| Timothy O'Shea Wells Fargo | Equal-Weight | $12 | Maintains | Apr 18, 2023 |
| Timothy O'Shea Wells Fargo | Equal-Weight | $14.5 | Maintains | Mar 1, 2023 |
| Arren Cyganovich Citigroup | Buy | $16 | Maintains | Mar 1, 2023 |
| Arren Cyganovich Citigroup | Buy | $15 | Maintains | Nov 10, 2022 |
| Finian O'Shea Wells Fargo | Equal-Weight | $13 | Maintains | Nov 10, 2022 |
| Finian O'Shea Wells Fargo | Equal-Weight | $12 | Maintains | Oct 24, 2022 |
| Melissa Wedel JP Morgan | Neutral | $14.5 | Downgrade | Sep 6, 2022 |
| Finian O'Shea Wells Fargo | Equal-Weight | $13.5 | Maintains | Aug 11, 2022 |
Oppenheimer | Perform | Initiates | Dec 16, 2021 | |
Wells Fargo | Equal-Weight | Upgrade | Aug 6, 2020 | |
Citigroup | Buy | $10 | Maintains | Aug 6, 2020 |
When did it IPO
2017
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Justin V. Plouffe CFA, J.D.
Market Cap
$852.7M
In 2023, CGBD generated $101.1M in revenue, which was a increase of 6.77% from the previous year. This can be seen as a signal that CGBD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Sat, 31 Aug 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Carlyle Secured Lending is a promising BDC, benefiting from a merger with Carlyle Secured Lending III, enhancing their liquidity and scale. Despite a miss on their top & bottom lines, dividend coverage was strong and improved leverage, positioning CGBD well for future growth. They currently trade at a slight discount to NAV with the recent pullback of 8%, making CGBD a buy currently.
Wed, 28 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - The recent BDC market dynamics indicate that quality will play an important role over the foreseeable future. Looking at the recent quarterly earnings data that have been published by many BDCs, we can see a clear divergence between high quality and aggressive BDCs. In this article, I elaborate on two BDCs that have become more attractive for investors, who prioritize defensive and predictable yield.
Fri, 23 Aug 2024
Sentiment - POSITIVE
Source - 24/7 Wall Street
Summary - 24/7 Wall Street Insights The current high interest environment has fueled the growth of the private credit market from $875 billion to over $1 trillion in a short time, with a projected $2.8 trillion market by 2027-28.
Fri, 16 Aug 2024
Sentiment - NEGATIVE
Source - Seeking Alpha
Summary - We take a look at the action in business development companies through the second week of August and highlight some of the key themes we are watching. BDCs underperformed with a total return of -2% due to poor quarterly results or dividend cuts. TriplePoint Venture Growth highlights the disconnect between dividend yield and total NAV return.
Tue, 06 Aug 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Carlyle Secured Lending has outperformed the BDC market by 12% on a YTD basis. The Q2 earnings report shows solid performance, high dividend coverage, and potential for portfolio growth despite a slight uptick in non-accruals and currently negative net investment volumes. The announced merger with Carlyle Secured Lending III is set to inject multiple synergic benefits, strengthening the financial prospects of CGBD even further.
Thu, 08 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Carlyle Secured Lending, Inc. (the “Company”) (NasdaqGS: CGBD) and Carlyle Secured Lending III (“CSL III”). Under the terms of the proposed transaction, CSL III shareholders will receive shares of CGBD based on a ratio determined shortly before the closing of the merger. KSF is seeking to determine whether t.
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