Carlyle Secured Lending stock
CGBDNASDAQCarlyle Secured Lending, Inc., Financial ServicesISIN US8722801029
60Score 60 out of 100, Neutral
Price and trend
62 / 100
Price history
−7.9% in one yearThe chart shows daily closes over 9 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 0.9% above it.
Since April 2025 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 72).
The price is 15% below its 52-week high. Largest decline in 9 years: 78% (December 2017 to April 2020).
Chart figures for advanced users
- SMA 50$10.92
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$11.08
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)72
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$9.99
- The lowest closing price of the last twelve months.
- Resistance$13.13
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Carlyle Secured Lending, Inc. belongs to the Asset Management industry (United States) and, with a market value of $760.36M, is number 98 of 131 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $197.79M (up 99.2% year on year) and earnings of $69.97M (down 21.4%).
- MEQIRI Score 60 out of 100 (Neutral): rank 717 of 975 in Financial Services, median 68.
Show more
- The P/E is 21.4 (Asset Management median 14, own median of recent years 12.2).
- Our model puts fair value at $12.22, with the price 9% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 63.1% a year since 2020, Asset Management median 10.4%.Growth 100
- Earnings per share growingUp 66.1% a year since 2020.Growth 100
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 66
Weaknesses
- Dividend not coveredPayouts over the last 12 months were 287% of earnings.Capital allocation 23
- DilutionShare count up 20% since 2020.Capital allocation 23
- Dividend at riskDividend yield 13.4%. At yields this high (12 to 15%), the dividend was cut by at least a fifth within a year in 44 of 100 cases from 2011 to 2025, against 7 of 100 at 2 to 4%.Capital allocation 23
Its standout strengths are growth and stability, while profitability and capital allocation hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 61 to 60.
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- high growth grade (crashed more often in the backtest)
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $8.73 and expensive above $20.37 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $17.15 (excess return model) and $7.29 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $10.79, at 7.8% it would be $14.36.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (14).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 145% on the twelve months before. Revenue has grown strongly since 2013, at around 40% per year.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 86%, net 35%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out. Last 12 months: net 19%.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 23 Feb 2027in 102 days
- Last reported
- 5 Nov 2026EPS reported $0.36 (expected $0.36)in line with expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $1.43+1.5%
- Revenue
- $252.19M+0.7%
- Earnings per share
- $1.46+1.3%
- Revenue
- $256.13M+1.5%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +4.5%Q2 remains the expected earnings trough as previously stated, with rising earnings and supplemental dividends expected over the next four to six quarters.
The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 7 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. One insider sold, $273,912 in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Carlyle Secured Lending
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
975 rated companies in Financial Services
- This company
- 60
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Asset Management
The next larger and next smaller companies by market value
- GCM GrosvenorGCMG $827.04M70
- Virtus Investment PartnersVRTS $817.11M64
- Mutares SE & Co. KGaAMUX.DE $792M54
- Prospect CapitalPSEC $785.35M30
- Burford CapitalBUR $759.8M37
- Fidus InvestmentFDUS $733.28M67
- Bain Capital Specialty FinanceBCSF $717.45M63
- Investment AB Öresund (publ)ORES.ST $707.42M75
ETFs that hold Carlyle Secured Lending
Held by 1 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares Listed Private Equity UCITS ETFIQQL | 0.28% | 0.75% | €685.36M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 17 Oct 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.