TPG Specialty Lending Company Profile (NYSE:TSLX)

About TPG Specialty Lending

TPG Specialty Lending logoTPG 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
  • CUSIP:
Key Metrics:
  • 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
Profitability:
  • Net Margins: 53.66%
  • Return on Equity: 11.50%
  • Return on Assets: 6.44%
Debt:
  • Debt-to-Equity Ratio: 0.72%
  • Current Ratio: 0.54%
  • Quick Ratio: 0.54%
Additional Links:
Companies Related to TPG Specialty Lending:

Analyst Ratings

Consensus Ratings for TPG Specialty Lending (NYSE:TSLX) (?)
Ratings Breakdown: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $18.33 (6.80% downside)

Analysts' Ratings History for TPG Specialty Lending (NYSE:TSLX)
Show:
DateFirmActionRatingPrice TargetDetails
11/28/2016National SecuritiesDowngradeBuy -> Neutral$19.00View Rating Details
11/9/2016JMP SecuritiesReiterated RatingBuyView Rating Details
11/9/2016Barclays PLCReiterated RatingHold$18.00View Rating Details
8/12/2016Citigroup Inc.Boost Price TargetNeutral$16.00 -> $17.00View Rating Details
8/5/2016J P Morgan Chase & CoBoost Price TargetNeutral$17.00 -> $17.50View Rating Details
6/6/2016Bank of America CorpReiterated RatingBuyView Rating Details
4/27/2016Janney Montgomery ScottReiterated RatingBuyView Rating Details
2/29/2016Raymond James Financial, Inc.Initiated CoverageOutperform$20.00View Rating Details
12/8/2015Ladenburg Thalmann Financial ServicesInitiated CoverageNeutralView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for TPG Specialty Lending (NYSE:TSLX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017        
2/22/2017Q416$0.44$0.47$47.32 millionViewListenView Earnings Details
11/7/2016Q316$0.43$0.51$46.54 million$53.92 millionViewListenView Earnings Details
8/3/2016Q216$0.42$0.43$45.12 million$46.03 millionViewListenView Earnings Details
5/4/2016Q116$0.42$0.42$43.87 millionViewListenView Earnings Details
2/24/2016Q415$0.43$0.44$42.65 million$43.56 millionViewListenView Earnings Details
11/3/2015Q315$0.42$0.48$40.69 million$46.77 millionViewListenView Earnings Details
8/4/2015Q215$0.41$0.63$39.31 million$45.35 millionViewListenView Earnings Details
5/7/2015Q115$0.41$0.39$37.24 million$37.73 millionViewListenView Earnings Details
2/24/2015Q414$0.40$0.57$37.20 millionViewListenView Earnings Details
11/3/2014Q314$0.38$0.35$33.70 million$37.03 millionViewListenView Earnings Details
8/4/2014Q214$0.44$0.51$39.63 million$45.66 millionViewListenView Earnings Details
5/9/2014Q1$0.41$0.61$31.03 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TPG Specialty Lending (NYSE:TSLX)
Current Year EPS Consensus Estimate: $1.80 EPS
Next Year EPS Consensus Estimate: $1.76 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q4 20161$0.44$0.44$0.44
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TPG Specialty Lending (NYSE:TSLX)
Annual Dividend:$1.56
Dividend Yield:7.93%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:91.77% (Based on Trailing 12 Months of Earnings)
86.67% (Based on Current Year Consensus EPS Estimate)
88.64% (Based on Next Year Consensus EPS Estimate)

Dividend History for TPG Specialty Lending (NYSE:TSLX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/23/2017quarterly$0.397.93%3/29/20173/31/20174/28/2017
11/9/2016quarterly$0.398.59%12/28/201612/31/20161/31/2017
8/4/2016quarterly$0.398.76%9/28/20169/30/201610/31/2016
5/5/2016quarterly$0.399.73%6/28/20166/30/20167/29/2016
2/25/2016quarterly$0.399.82%3/29/20163/31/20164/29/2016
11/4/2015quarterly$0.399.13%12/29/201512/31/20151/29/2016
8/5/2015quarterly$0.398.67%9/28/20159/30/201510/31/2015
5/8/2015quarterly$0.398.64%6/26/20156/30/20157/31/2015
2/25/2015quarterly$0.398.43%3/27/20153/31/20154/30/2015
11/3/2014quarterly$0.398.67%12/29/201412/31/20141/31/2015
8/4/2014quarterly$0.388.64%9/26/20149/30/201410/31/2014
5/8/2014quarterly$0.388.49%6/26/20146/30/20147/31/2014
3/25/2014special$0.383/27/20143/31/20144/30/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TPG Specialty Lending (NYSE:TSLX)
Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 63.08%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/21/2016Alan WaxmanVPBuy230$18.39$4,229.70View SEC Filing  
11/14/2016David StieplemanVPBuy5,535$17.99$99,574.65View SEC Filing  
8/15/2016Ian SimmondsCFOBuy2,150$18.15$39,022.50View SEC Filing  
5/10/2016Richard A HigginbothamDirectorBuy10,000$16.19$161,900.00View SEC Filing  
3/8/2016Ronald TanemuraDirectorBuy10,000$15.95$159,500.00View SEC Filing  
3/3/2016Joshua EasterlyCEOBuy6,500$16.00$104,000.00View SEC Filing  
3/3/2016Ronald TanemuraDirectorBuy15,225$16.42$249,994.50View SEC Filing  
11/13/2015Steven PlussVPBuy11,500$17.48$201,020.00View SEC Filing  
5/21/2015Alan KirshenbaumCFOBuy4,180$18.21$76,117.80View SEC Filing  
5/21/2015David StieplemanVPBuy2,745$18.21$49,986.45View SEC Filing  
11/12/2014Joshua EasterlyCEOBuy4,500$17.52$78,840.00View SEC Filing  
11/11/2014Joshua EasterlyCEOBuy6,430$17.75$114,132.50View SEC Filing  
11/10/2014Joshua EasterlyCEOBuy1,430$17.60$25,168.00View SEC Filing  
11/7/2014Joshua EasterlyCEOBuy2,000$17.69$35,380.00View SEC Filing  
11/7/2014Robert D OllwertherCOOBuy8,000$17.68$141,440.00View SEC Filing  
3/21/2014Tpg Specialty Lending Ons MssbMajor ShareholderBuy31,948$16.08$513,723.84View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for TPG Specialty Lending (NYSE:TSLX)
DateHeadline
businesswire.com logoTPG Specialty Lending, Inc. Announces Quarter and Fiscal Year Ended December 31, 2016 Financial Results - Business Wire (press release) (NYSE:TSLX)
www.businesswire.com - February 23 at 2:23 AM
News IconAre Analysts Optimistic About Where TPG Specialty Lending, Inc. (NYSE:TSLX) is Heading? - Winfield Review (NYSE:TSLX)
winfieldreview.com - February 22 at 9:21 PM
News IconStock Buzz on TPG Specialty Lending, Inc. (NYSE:TSLX): Can They Meet the Earnings Target of $0.44 - Winfield Review (NYSE:TSLX)
winfieldreview.com - February 22 at 9:21 PM
marketexclusive.com logoTPG Specialty Lending, Inc. (NYSE:TSLX) Files An 8-K Results of Operations and Financial Condition - Market Exclusive (NYSE:TSLX)
marketexclusive.com - February 22 at 9:21 PM
sg.finance.yahoo.com logoTPG beats Street 4Q forecasts (NYSE:TSLX)
sg.finance.yahoo.com - February 22 at 9:21 PM
News IconShould You Expect TPG Specialty Lending Inc (TSLX) To Deliver A Superior ROE To Its Industry? (NYSE:TSLX)
simplywall.st - February 22 at 10:31 AM
News IconStock Perspective: TPG Specialty Lending, Inc. (NYSE:TSLX) Earnings in View - Aiken Advocate (NYSE:TSLX)
aikenadvocate.com - February 17 at 6:56 PM
realistinvestor.com logoTPG Specialty Lending, Inc. (NYSE:TSLX) Is Expected To Post EPS Of $0.52 (NYSE:TSLX)
www.realistinvestor.com - February 12 at 8:17 PM
News IconAnalyst Consensus Recommendations on TPG Specialty Lending, Inc. (NYSE:TSLX) - Midway Monitor (NYSE:TSLX)
midwaymonitor.com - February 9 at 6:18 AM
biz.yahoo.com logoTPG SPECIALTY LENDING, INC. Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an O (NYSE:TSLX)
biz.yahoo.com - February 8 at 8:09 AM
nasdaq.com logoTPG Specialty Lending Reaches Analyst Target Price (NYSE:TSLX)
www.nasdaq.com - February 6 at 10:52 PM
reuters.com logoBRIEF-TPG Specialty Lending says issued additional $15 mln amount of 4.50 pct convertible senior notes due 2022 (NYSE:TSLX)
uk.reuters.com - February 4 at 5:32 AM
News IconEarnings Parade Rolls On, What Are Analysts Saying About TPG Specialty Lending, Inc. (NYSE:TSLX)? - Wall Street Beacon (NYSE:TSLX)
wsbeacon.com - February 1 at 7:04 AM
News IconWhat Will Happen to TPG Specialty Lending Inc (TSLX) Next? The Stock Formed a Several Months Bullish Wedge Up (NYSE:TSLX)
randolphguide.com - January 31 at 5:51 AM
marketexclusive.com logoTPG Specialty Lending, Inc. (NYSE:TSLX) Files An 8-K Other Events (NYSE:TSLX)
marketexclusive.com - January 28 at 7:08 AM
reuters.com logoBRIEF-TPG Specialty Lending reports private offering of unsecured convertible senior notes (NYSE:TSLX)
uk.reuters.com - January 27 at 6:23 AM
seekingalpha.com logoTPG Specialty Lending announces private offering of $100M notes (NYSE:TSLX)
seekingalpha.com - January 27 at 6:23 AM
streetinsider.com logoForm 8-K TPG Specialty Lending, For: Jan 26 (NYSE:TSLX)
www.streetinsider.com - January 27 at 6:23 AM
finance.yahoo.com logoTPG Specialty Lending, Inc. Announces Private Offering of Unsecured Convertible Senior Notes (NYSE:TSLX)
finance.yahoo.com - January 27 at 6:23 AM
biz.yahoo.com logoTPG SPECIALTY LENDING, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:TSLX)
biz.yahoo.com - January 27 at 6:23 AM
finance.yahoo.com logoTPG Specialty Lending, Inc. Prices $100 Million of Unsecured Convertible Senior Notes (NYSE:TSLX)
finance.yahoo.com - January 27 at 6:23 AM
finance.yahoo.com logo3:41 am TPG Specialty Lending prices offering of $100 mln of its 4.50% Convertible Senior Notes due 2022 (NYSE:TSLX)
finance.yahoo.com - January 27 at 6:23 AM
biz.yahoo.com logoTPG SPECIALTY LENDING, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:TSLX)
biz.yahoo.com - January 27 at 6:23 AM
News IconEarnings in Full Force, Analysts Take Aim at TPG Specialty Lending, Inc. (NYSE:TSLX) - Wall Street Beacon (NYSE:TSLX)
wsbeacon.com - January 25 at 7:59 AM
News IconTPG Specialty Lending, Inc. (NYSE:TSLX)
www.enhancedonlinenews.com - January 21 at 4:24 AM
finance.yahoo.com logoTPG Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its Fourth Quarter and Fiscal Year Ended December 31, 2016 Financial Results (NYSE:TSLX)
finance.yahoo.com - January 21 at 4:24 AM
News IconTracking Corporate Insiders: What Are They Doing With TPG Specialty Lending, Inc. (NYSE:TSLX) - Wall Street Beacon (NYSE:TSLX)
wsbeacon.com - January 18 at 3:20 AM
investornewswire.com logoSales Of TPG Specialty Lending, Inc. (NYSE:TSLX) Expected At $226.45 - Investor Newswire (NYSE:TSLX)
www.investornewswire.com - January 11 at 7:31 AM
realistinvestor.com logoTPG Specialty Lending, Inc. (NYSE:TSLX) Is Expected To Post EPS Of $0.52 - RealistInvestor.com (NYSE:TSLX)
www.realistinvestor.com - January 9 at 3:12 AM
businesswire.com logoTPG Specialty Lending, Inc. Upsizes and Extends Its Revolving Credit Facility - Business Wire (press release) (NYSE:TSLX)
www.businesswire.com - January 5 at 7:17 AM
reuters.com logoBRIEF-TPG Specialty upsizes, extends revolving credit facility (NYSE:TSLX)
www.reuters.com - January 4 at 7:18 AM
finance.yahoo.com logoTPG Specialty Lending, Inc. Upsizes and Extends Its Revolving Credit Facility (NYSE:TSLX)
finance.yahoo.com - January 4 at 7:18 AM
nasdaq.com logoTPG Specialty Lending, Inc. (TSLX) Ex-Dividend Date Scheduled for ... - Nasdaq (NYSE:TSLX)
www.nasdaq.com - December 27 at 7:58 PM
realistinvestor.com logoTPG Specialty Lending, Inc. (NYSE:TSLX) EPS Prediction At $0.52 - RealistInvestor.com (NYSE:TSLX)
www.realistinvestor.com - December 26 at 8:31 AM
marketexclusive.com logoTPG Specialty Lending, Inc. (NYSE:TSLX) Files An 8-K Entry into a Material Definitive Agreement - Market Exclusive (NYSE:TSLX)
marketexclusive.com - December 24 at 7:43 PM
reuters.com logoBRIEF-TPG Specialty Lending Inc enters into a fifth amendment to second amended (NYSE:TSLX)
www.reuters.com - December 23 at 2:29 AM
biz.yahoo.com logoTPG SPECIALTY LENDING, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Fina (NYSE:TSLX)
biz.yahoo.com - December 23 at 2:29 AM
realistinvestor.com logoTPG Specialty Lending, Inc. (NYSE:TSLX) Analysts Rating At 1.78 - RealistInvestor.com (NYSE:TSLX)
www.realistinvestor.com - December 22 at 5:22 AM
News IconChart Indicators in Focus for Tpg Specialty Lending Inc (TSLX) - StockTalk Daily (NYSE:TSLX)
stocktalkdaily.com - December 22 at 5:22 AM
insidermonkey.com logoHere Is What Hedge Funds Think About TPG Specialty Lending Inc (TSLX) - Insider Monkey (blog) (NYSE:TSLX)
www.insidermonkey.com - December 21 at 2:56 AM
insidermonkey.com logoHere Is What Hedge Funds Think About TPG Specialty Lending Inc (TSLX) (NYSE:TSLX)
www.insidermonkey.com - December 20 at 4:51 PM
realistinvestor.com logoEPS Forecast OfTPG Specialty Lending, Inc. (NYSE:TSLX) At $0.52 - RealistInvestor.com (NYSE:TSLX)
www.realistinvestor.com - December 19 at 8:01 AM
investornewswire.com logoTPG Specialty Lending, Inc. (NYSE:TSLX) Sales Anticipated At ... - Investor Newswire (NYSE:TSLX)
www.investornewswire.com - December 14 at 6:58 AM
News IconWatching CCI and RSI levels on Tpg Specialty Lending Inc (TSLX) - StockTalk Daily (NYSE:TSLX)
stocktalkdaily.com - December 12 at 8:56 PM
nasdaq.com logoInsider Bets Paying Off At TSLX As New 52-Week High Reached (NYSE:TSLX)
www.nasdaq.com - December 9 at 1:38 AM
News IconTracking CCI Levels on Shares of Tpg Specialty Lending Inc (TSLX) - StockTalk Daily (NYSE:TSLX)
stocktalkdaily.com - December 7 at 8:02 AM
realistinvestor.com logoAnalysts See TPG Specialty Lending, Inc. (NYSE:TSLX) Reporting EPS Of $0.485 - RealistInvestor.com (NYSE:TSLX)
www.realistinvestor.com - December 5 at 8:34 AM
realistinvestor.com logoAnalysts See TPG Specialty Lending, Inc. (NYSE:TSLX) Reporting EPS Of $0.485 (NYSE:TSLX)
www.realistinvestor.com - December 4 at 7:14 PM
investornewswire.com logoSales Of TPG Specialty Lending, Inc. (NYSE:TSLX) Expected At $210.29 - Investor Newswire (NYSE:TSLX)
www.investornewswire.com - November 30 at 10:14 AM
marketexclusive.com logoNational Securities has upgraded the stock of Goldman Sachs BDC Inc. (NYSE:GSBD) (NYSE:TSLX)
marketexclusive.com - November 29 at 11:46 AM

Social

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.

TPG Specialty Lending (NYSE:TSLX) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for TPG Specialty Lending (NYSE:TSLX)

Earnings History Chart

Earnings by Quarter for TPG Specialty Lending (NYSE:TSLX)

Dividend History Chart

Dividend Payments by Quarter for TPG Specialty Lending (NYSE:TSLX)

Last Updated on 2/23/2017 by MarketBeat.com Staff