About TPG Specialty Lending
TPG Specialty Lending, Inc. (TSL) is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on lending to middle-market companies. It seeks to generate current income primarily in the United States domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine loans and investments in corporate bonds and equity securities. It is engaged in direct equity investments, sale of loans and debt and equity securities, and loan origination. The companies in which TSL invests use its capital to support organic growth, acquisitions, market or product expansion and recapitalizations. Its portfolio is invested in over 20 different industries, including healthcare, pharmaceuticals, manufacturing, retail and consumer products, electronics, hotel, gaming and leisure, and financial services. TSL is managed by TSL Advisers, LLC (the Adviser).
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Mortgage Investment
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: TSLX
- Previous Close: $19.43
- 50 Day Moving Average: $18.90
- 200 Day Moving Average: $18.37
- 52-Week Range: $15.66 - $20.08
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 11.18
- P/E Growth: 5.33
- Market Cap: $N/A
- Beta: 0.69
- Net Margins: 53.66%
- Return on Equity: 11.50%
- Return on Assets: 6.44%
Companies Related to TPG Specialty Lending:
- Debt-to-Equity Ratio: 0.72%
- Current Ratio: 0.54%
- Quick Ratio: 0.54%
What is TPG Specialty Lending's stock symbol?
TPG Specialty Lending trades on the New York Stock Exchange (NYSE) under the ticker symbol "TSLX."
How often does TPG Specialty Lending pay dividends? What is the dividend yield for TPG Specialty Lending?
TPG Specialty Lending announced a quarterly dividend on Thursday, February 23rd. Stockholders of record on Friday, March 31st will be given a dividend of $0.39 per share on Friday, April 28th. This represents a $1.56 annualized dividend and a dividend yield of 7.93%. The ex-dividend date of this dividend is Wednesday, March 29th.
Where is TPG Specialty Lending's stock going? Where will TPG Specialty Lending's stock price be in 2017?
8 brokers have issued 1 year target prices for TPG Specialty Lending's stock. Their forecasts range from $17.00 to $20.00. On average, they expect TPG Specialty Lending's stock price to reach $18.33 in the next twelve months.
When will TPG Specialty Lending announce their earnings?
TPG Specialty Lending is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.
What are analysts saying about TPG Specialty Lending stock?
Here are some recent quotes from research analysts about TPG Specialty Lending stock:
According to Zacks Investment Research, "TPG Specialty Lending, Inc. is a specialty finance company. It is focused on providing fully-underwritten capital solutions to middle market companies. The Company specializes in standalone first-lien loans, standalone second-lien loans, mezzanine loans, unitranche loans. TPG Specialty Lending, Inc. is based in Fort Worth, Texas. " (2/4/2017)
National Securities analysts commented, "Downgrade: We are downgrading TPG Specialty Lending (TSLX) to NEUTRAL from BUY and maintaining our $19 price target. This downgrade is solely a result of valuation and our investment thesis remains in-tact. We are maintaining our 2016 NII/share estimate of $1.82 and our 2017 NII/share estimate of $1.85. Our $19 price target implies an estimated 2017 P/NII of 10.3x, dividend yield of 8.2%, and P/NAV of 1.16x compared to the BDC sector averages of 9.9x, 9.4%, and 0.90x, respectively." (11/28/2016)
Who owns TPG Specialty Lending stock?
TPG Specialty Lending's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (5.60%), Delphi Financial Group Inc. (1.96%), Progeny 3 Inc. (0.00%), Guggenheim Capital LLC (0.00%), NWQ Investment Management Company LLC (0.00%) and Van ECK Associates Corp (0.41%). Company insiders that own TPG Specialty Lending stock include Alan Kirshenbaum, Alan Waxman, David Stiepleman, Ian Simmonds, Joshua Easterly, Richard A Higginbotham, Ronald Tanemura and Steven Pluss.
Who sold TPG Specialty Lending stock? Who is selling TPG Specialty Lending stock?
TPG Specialty Lending's stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., Raiff Partners Inc. and GSA Capital Partners LLP.
Who bought TPG Specialty Lending stock? Who is buying TPG Specialty Lending stock?
TPG Specialty Lending's stock was purchased by a variety of institutional investors in the last quarter, including CNO Financial Group Inc., Clough Capital Partners L P, Two Sigma Investments LP, Advisory Research Inc., Guggenheim Capital LLC, First Republic Investment Management Inc., Van ECK Associates Corp and Summit Global Investments. Company insiders that have bought TPG Specialty Lending stock in the last two years include Alan Kirshenbaum, Alan Waxman, David Stiepleman, Ian Simmonds, Joshua Easterly, Richard A Higginbotham, Ronald Tanemura and Steven Pluss.
How do I buy TPG Specialty Lending stock?
Shares of TPG Specialty Lending can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of TPG Specialty Lending stock cost?
One share of TPG Specialty Lending stock can currently be purchased for approximately $19.67.