How to Buy Carlyle Secured Lending Stock
Carlyle Secured Lending Inc
TCG BDC, 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.
Carlyle Secured Lending stock last closed at $16.72, up 1.52% from the previous day, and has increased 23.3% in one year. It has overperformed other stocks in the Asset Management industry by 0.31 percentage points. Carlyle Secured Lending stock is currently +27.44% from its 52-week low of $13.12, and -0.36% from its 52-week high of $16.78.
There are currently 50.79M CGBD shares outstanding. The market cap of CGBD is $849.29M. In the last 24 hours, 305,927 CGBD shares were traded.
How to Buy Carlyle Secured Lending Stock
Wondering how to invest in Carlyle Secured Lending stock? Here's how.
- Choose where to buy Carlyle Secured Lending stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Carlyle Secured Lending stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your method of payment and add your info.
- Evaluate Carlyle Secured Lending stock: The Carlyle Secured Lending ticker symbol is CGBD. Is Carlyle Secured Lending stock a good investment? Should you buy shares of CGBD? How do CGBD's underlying business fundamentals look? Do top analysts think Carlyle Secured Lending is a good buy? Why has CGBD's stock price moved recently? (Hint: Our stock research website can help you understand if CGBD is a good stock to buy).
- Make your CGBD purchase: Decide if you will purchase CGBD shares at the current market price or use a limit order to purchase CGBD shares at a specific price.
- Get the latest scoop on your CGBD investment: Create a watchlist to get live updates on your investment in Carlyle Secured Lending shares.
Step 1: Choose where to buy Carlyle Secured Lending stock
You will need an online brokerage account in order to access the NASDAQ market and buy CGBD shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you are able to invest in CGBD today.
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Step 3: Fund your brokerage account
Now that you have finished signing up on stock market apps, you can securely and quickly fund your account:
Check out the tutorial below to see the process of transferring money into your new investment account.
Step 4: Evaluate Carlyle Secured Lending stock
Once you have chosen the best place to buy Carlyle Secured Lending stock, it's critical to analyze their stock before you buy, so you truly understand the risk as well as the opportunity.
Carlyle Secured Lending stock at a glance
CGBD Fundamentals
WallStreetZen was created to help everyday investors do better fundamental analysis quickly.
You can view all of the due diligence checks on CGBD's stock page.
How is CGBD stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge CGBD's true value.
Using relative valuations methods:
- CGBD may be undervalued based on its P/E ratio of 9.55x, relative to Asset Management industry P/E ratio of 30.17x
- CGBD could be undervalued based on its P/B ratio of 0.93x, relative to Asset Management industry P/B ratio of 2.29x
- CGBD may be undervalued based on its PEG ratio of 0.58x
You can access more valuation analysis on CGBD's stock here.
CGBD Financial Overview
Passed Health Checks:
- CGBD's operating cash flow of $230.61M allows it to safely service it's debt of $980.18M.
Failed Health Checks:
- Total CGBD debt is higher than 5 years ago, relative to shareholder equity.
- CGBD earnings of $163.99M is not sufficient to cover its interest payments.
- CGBD profit margin has gone down from 39.6% to 36.7% in the past year.
- CGBD has a relatively high debt to equity ratio of 1.13.
Is it a good time to buy CGBD stock, according to analysts?
Out of 2 sell side analysts who track CGBD, the consensus analyst rating on CGBD is a Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Carlyle Secured Lending stock forecast page.
CGBD Technical Indicators
CGBD Growth Metrics
Last year, CGBD earnings were $88.78M. Over the last 5 year, CGBD's earnings have gone up by 22.67% per year. This was faster than the Asset Management industry average of 7.09%.
Last year, CGBD revenue was $241.63M. Over the last five year, CGBD's revenue has gone up by 3.09% per year. This was slower than the Asset Management industry average of 20.51%.
Learn more about CGBD's earnings and revenue performance here.
Latest Insiders Trades at CGBD
Over the last year, executives and large shareholders at CGBD have bought more shares than they have sold.
Alexander Popov, VP and Head of Illiquid Credit of CGBD, was the latest CGBD insider to buy. They bought $73,900.00 worth of CGBD shares on Aug 30, 2023.
Get more info about who owns CGBD shares here.
Does CGBD stock generate passive income?
Carlyle Secured Lending pays a dividend of 10.77%, compared to the Asset Management industry's average dividend yield of 6.85%. If you owned $1,000 of CGBD stock, you would have been paid $107.66 in the past year.
Carlyle Secured Lending dividend payments have consistently grown over the past 7 years but have not remained stable.
Get more info about Carlyle Secured Lending dividend yield and history here.
CGBD Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your CGBD purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, place a limit order.
Click the Open button and your broker will place your order.
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Step 6: Get the latest scoop on your CGBD investment
Now that you own some shares in CGBD, you'll want to keep up with your new shares.
Make a watchlist to monitor your CGBD stock.
CGBD Feed
How to Buy Stock in Carlyle Secured Lending
To reiterate, here are the 6 steps you need to take to buy Carlyle Secured Lending stock right now:
- Choose where to buy Carlyle Secured Lending stock
- Open a brokerage account
- Fund your brokerage account
- Evaluate Carlyle Secured Lending stock
- Make your CGBD purchase
- Get the latest scoop on your CGBD investment
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Carlyle Secured Lending, add CGBD to your watchlist by clicking the button below.
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