Raymond James cuts target for Carlyle Secured Lending stock to USD 11

Published on 10/25/2026 at 03:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Raymond James kept an Outperform rating on October 22, 2026. Carlyle Secured Lending stock is due to report third-quarter results on November 5, 2026.

Analyst reset and reporting date

Raymond James cut its target to USD 11.00 on October 22, 2026.
Carlyle Secured Lending will report third-quarter results on November 5, 2026.
The company paid a quarterly dividend of USD 0.35 on October 16, 2026.

CGBD, US8722801029, Illustration mit AI erstellt.

Carlyle Secured Lending (ISIN US8722801029) saw Raymond James cut its price target from USD 12.00 to USD 11.00 on October 22, 2026, while keeping an Outperform rating, according to Markets Insider. The next disclosed test is the lender's third-quarter report.

Target reset keeps income central

The revised target leaves the stock below the analyst level cited by Raymond James, while the Outperform rating remains unchanged. A separate MarketBeat report on October 24, 2026 put the average 12-month target at USD 11.25, based on four hold ratings, one buy rating and one strong-buy rating.

MarketBeat also reported a quarterly dividend of USD 0.35, paid on October 16, 2026, equivalent to USD 1.40 on an annualized basis and a 13.7 percent yield. That income profile is central to the investment case, but the reported payout ratio was 274.51 percent, making earnings coverage an important watch point.

Three October events changed the picture

On September 29, 2026, Wells Fargo lowered its target from USD 12.00 to USD 11.00 while retaining an equal-weight rating, as reported by MarketBeat. On October 12, 2026, Zacks Research upgraded Carlyle Secured Lending from hold to strong buy, according to MarketBeat. On October 22, 2026, Raymond James cut its target from USD 12.00 to USD 11.00 while keeping Outperform, according to Markets Insider.

What comes next for CGBD?

Carlyle Secured Lending will report financial results for the third quarter ended September 30, 2026, on November 5, 2026, according to the company's GlobeNewswire release dated October 16, 2026. The conference call follows on November 6, 2026, at 11:00 a.m. ET.

The scheduled dates give investors a defined checkpoint for credit quality, earnings coverage and the sustainability of the USD 0.35 quarterly dividend. The company describes itself as a Nasdaq-listed business development company focused on senior secured lending to middle-market companies, according to the same GlobeNewswire release.

Valuation remains below the yearly high

CGBD had a market capitalization of USD 703.2 million and a 52-week range of USD 9.94 to USD 13.28 on October 23, 2026. The USD 10.22 market price cited by MarketBeat was 23.04 percent below the 52-week high, leaving the upcoming report as the next test of whether income and credit performance can support the revised analyst targets.

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