What is B. Riley’s Estimate for CCIF FY2027 Earnings?

Carlyle Credit Income Fund (NYSE:CCIF) – Equities research analysts at B. Riley issued their FY2027 earnings per share estimates for Carlyle Credit Income Fund in a research note issued on Thursday, November 20th. B. Riley analyst T. D’agostino forecasts that the company will post earnings of $1.00 per share for the year. B. Riley currently has a “Buy” rating and a $6.00 price objective on the stock.

Carlyle Credit Income Fund (NYSE:CCIF) last posted its earnings results on Tuesday, November 18th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.06). The firm had revenue of $7.74 million during the quarter, compared to analyst estimates of $8.97 million.

Other research analysts also recently issued reports about the stock. Credit Suisse Group set a $6.00 target price on shares of Carlyle Credit Income Fund in a research note on Thursday. Alliance Global Partners assumed coverage on shares of Carlyle Credit Income Fund in a report on Thursday, October 2nd. They issued a “buy” rating on the stock. Zacks Research raised shares of Carlyle Credit Income Fund from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 29th. Finally, Industrial Alliance Securities set a $6.50 target price on Carlyle Credit Income Fund in a research report on Thursday, October 2nd.

Carlyle Credit Income Fund Stock Up 1.3%

Shares of NYSE:CCIF opened at $4.92 on Friday. Carlyle Credit Income Fund has a 52-week low of $4.69 and a 52-week high of $8.31. The company has a 50 day moving average of $5.39 and a two-hundred day moving average of $5.88.

Hedge Funds Weigh In On Carlyle Credit Income Fund

Large investors have recently bought and sold shares of the business. Wedbush Securities Inc. boosted its stake in Carlyle Credit Income Fund by 38.7% in the third quarter. Wedbush Securities Inc. now owns 14,868 shares of the company’s stock valued at $87,000 after acquiring an additional 4,150 shares during the period. Osaic Holdings Inc. boosted its position in Carlyle Credit Income Fund by 34.4% during the 2nd quarter. Osaic Holdings Inc. now owns 17,135 shares of the company’s stock valued at $111,000 after purchasing an additional 4,388 shares during the period. Cetera Investment Advisers grew its stake in Carlyle Credit Income Fund by 9.5% during the 1st quarter. Cetera Investment Advisers now owns 103,385 shares of the company’s stock worth $699,000 after buying an additional 8,936 shares during the last quarter. Avantax Advisory Services Inc. bought a new position in Carlyle Credit Income Fund during the 1st quarter worth $84,000. Finally, Virtu Financial LLC acquired a new stake in Carlyle Credit Income Fund in the first quarter worth $85,000.

Carlyle Credit Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be given a dividend of $0.105 per share. This represents a c) dividend on an annualized basis and a dividend yield of 25.6%. The ex-dividend date of this dividend is Tuesday, February 17th.

About Carlyle Credit Income Fund

Carlyle Credit Income Fund is a close ended fixed income mutual fund launched and managed by Vertical Capital Asset Management, LLC. The fund is co – managed by Behringer Advisors, LLC. The Fund invests mainly in fixed-income securities. The fund invests in stocks of companies operating across diversified sectors.