Carlyle Secured Lending, Inc. (CGBD)
Financial Services
- Fundamental
- 3
- Sentiment
- 4
- Technical
- 4
Pullback-to-support limit at 11.55 (the 11.43-11.55 shelf + SMA20), protective stop 11.27 (1.0xATR floor below entry, beneath the 11.425 swing low), targets 12.11 (+2 ATR) and 12.53 (+3.5 ATR), R/R 2.00. Trend-aligned: price above all key MAs, ADX 60, MACD positive; next confirmed earnings 2026-11-03 is outside the holding window.
Company overview
Carlyle Secured Lending, Inc. is a business development company focusing on direct investments in the middle market. It offers various financing options, including senior secured loans, unsecured debt, mezzanine debt, and equity stakes. The company targets industries such as healthcare, aerospace, technology, and real estate, with investments primarily in the U.S., Luxembourg, Cayman Islands, Cyprus, and the U.K.
Fundamental
fairCGBD shows income attractiveness with a high dividend yield but faces credit-cycle sensitivity and declining NAV.
CGBD trades at a meaningful discount to book value (P/B ~0.75) and offers a double-digit dividend yield (~13.7%). SEC filings show workable liquidity (cash ~$48.9M plus roughly $543M of undrawn facility capacity) and relatively low non-accruals (1.2% of fair value), but NAV per share has been trending down (to $15.61 at 2026-06-30) and recent GAAP earnings have been volatile, so the fundamental picture remains mixed and credit-cycle dependent.
Sentiment
goodMedia sentiment has turned positive post-earnings, with no significant retail or legal concerns noted.
The near-term narrative is anchored by the Q2 results/distribution update (SEC-filed 10-Q/8-K dated 2026-08-06), with recent coverage emphasizing dividend coverage and a more constructive earnings outlook. Media sentiment is determinately improving versus the prior 30–90 day window, and no active legal/regulatory investigation overhang surfaced.
Technical
goodThe stock is in a strong uptrend, supported by moving averages and a high ADX, despite lighter volume on recent bounces.
Strong uptrend intact: price above SMA20/50/200 and EMA9/21, ADX 60 confirming trend strength, RSI 62 and MACD above zero. A three-day pullback (09-01 to 09-03) held the 11.43-11.55 support shelf, and Friday 09-04 reclaimed +1.48%. Limit entry at the support shelf with a 1.0xATR stop beneath the 11.425 swing low gives R/R 2.00 to the +2ATR target. One weak signal: the bounce came on lighter volume and the MACD histogram is flat.
You’re looking at 2026-09-06 — more than 2 trading days ago.
Subscribers saw this then, and see today’s score, verdict and trade plan now.
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Not financial advice. For informational and educational purposes only.