NYSE:TSLX - TPG Specialty Lending Stock Price, Price Target & More

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$18.20 -0.01 (-0.05 %)
(As of 07/16/2018 04:00 PM ET)
Previous Close$18.10
Today's Range$18.07 - $18.20
52-Week Range$17.00 - $21.74
Volume5,804 shs
Average Volume246,418 shs
Market Capitalization$1.18 billion
P/E Ratio9.07
Dividend Yield8.57%
Beta0.62
TPG Specialty Lending logoTPG Specialty Lending, Inc. is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), mezzanine debt, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing. The fund invests in business services, software & technology, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. It seeks to finance middle market companies principally located in the United States. The fund invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million. The transaction size is between $15 million and $350 million. The fund invests across the spectrum of the capital structure and can arrange syndicated transactions of up to $500 million and hold sizeable positions within its credits.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TSLX
CUSIPN/A
Phone817-871-4000

Debt

Debt-to-Equity Ratio0.80
Current Ratio0.53
Quick Ratio0.53

Price-To-Earnings

Trailing P/E Ratio9.07
Forward P/E Ratio9.53
P/E Growth3.18

Sales & Book Value

Annual Sales$210.90 million
Price / Sales5.60
Cash Flow$1.5690 per share
Price / Cash11.60
Book Value$16.09 per share
Price / Book1.13

Profitability

EPS (Most Recent Fiscal Year)$2.00
Net Income$120.25 million
Net Margins54.68%
Return on Equity12.45%
Return on Assets7.21%

Miscellaneous

EmployeesN/A
Outstanding Shares64,890,000
Market Cap$1,180.94

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TPG Specialty Lending (NYSE:TSLX) Frequently Asked Questions

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 declared a special dividend on Friday, May 4th. Stockholders of record on Thursday, May 31st will be given a dividend of $0.06 per share on Friday, June 29th. This represents a dividend yield of 8.27%. The ex-dividend date of this dividend is Wednesday, May 30th. This is an increase from TPG Specialty Lending's previous special dividend of $0.03. View TPG Specialty Lending's Dividend History.

How will TPG Specialty Lending's stock buyback program work?

TPG Specialty Lending declared that its board has initiated a share repurchase plan on Thursday, April 6th 2017, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its shares are undervalued.

How were TPG Specialty Lending's earnings last quarter?

TPG Specialty Lending Inc (NYSE:TSLX) announced its earnings results on Thursday, May, 3rd. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.05. The financial services provider earned $57.80 million during the quarter, compared to analysts' expectations of $51.64 million. TPG Specialty Lending had a return on equity of 12.45% and a net margin of 54.68%. The business's quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.47 earnings per share. View TPG Specialty Lending's Earnings History.

When is TPG Specialty Lending's next earnings date?

TPG Specialty Lending is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for TPG Specialty Lending.

What price target have analysts set for TSLX?

7 Wall Street analysts have issued twelve-month price objectives for TPG Specialty Lending's shares. Their predictions range from $18.50 to $21.50. On average, they anticipate TPG Specialty Lending's stock price to reach $20.6667 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Ratings for TPG Specialty Lending.

What is the consensus analysts' recommendation for TPG Specialty Lending?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPG Specialty Lending in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about TPG Specialty Lending stock?

Here are some recent quotes from research analysts about TPG Specialty Lending stock:
  • 1. 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. " (5/10/2018)
  • 2. National Securities analysts commented, "• For 1Q18, TSLX posted NII/share of $0.50 versus our estimate of $0.46. The company generated substantial portfolio growth during the quarter with $319.2 million of originations versus sales and repayments of $115.8 million. Despite the $63.0 million of common equity issued during the quarter, D/E ticked up to 0.82x from 0.74x Q/Q to fund the portfolio growth.
    • TPG’s portfolio at fair value finished 3/31/18 at $1.91 billion, up from $1.69 billion at 12/31/17. We expect that the company will grow its portfolio at fair value to $2.00 billion in 4Q18 and $2.19 billion in 4Q19.
    • We continue to expect relatively stable all-in effective yields and NIM as TSLX continues to offer companies unique and often complex financing structures and certainty of closing that are generally unmatched by many peers in the sector. As a result, TSLX has not been subject to the same spread compression as other BDCs.
    • Unique originations such as a $550 million ABL (asset-based lending) facility to iHeart Communications speak to the differentiated approach of TPG and how the company has proven to be able to consistently source attractive investment opportunities with respectable pricing courtesy of banks being unable to compete in many of the same markets for regulatory reasons.
    • NAV/share improved to $16.27 from $16.09 Q/Q and we project steady NAV/share increases the next two years coupled with double-digit economic returns.
    • We are revising our 2018 NII/share estimate to $1.97 from $1.93 and our fiscal 2019 NII/share estimate to $1.90 from $1.92. " (5/7/2018)

Who are some of TPG Specialty Lending's key competitors?

Who are TPG Specialty Lending's key executives?

TPG Specialty Lending's management team includes the folowing people:
  • Mr. Joshua Easterly, Chairman & Chief Exec. Officer (Age 42)
  • Mr. Robert J. Stanley, Pres (Age 43)
  • Mr. Ian Simmonds, Chief Financial Officer (Age 46)
  • Mr. Michael Graf CPA, Principal Accounting Officer, VP and Controller
  • Ms. Jennifer Gordon J.D., Chief Compliance Officer, VP, and Sec. (Age 42)

Has TPG Specialty Lending been receiving favorable news coverage?

News articles about TSLX stock have been trending somewhat positive on Monday, according to Accern. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TPG Specialty Lending earned a news impact score of 0.05 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 45.47 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are TPG Specialty Lending's major shareholders?

TPG Specialty Lending's stock is owned by many different of retail and institutional investors. Top institutional investors include LGT Capital Partners LTD. (0.62%), Mckinley Capital Management LLC Delaware (0.30%) and Versant Capital Management Inc (0.02%). Company insiders that own TPG Specialty Lending stock include Alan Waxman, David Stiepleman, Ian Simmonds, John Ross, Richard A Higginbotham and Ronald Tanemura. View Institutional Ownership Trends for TPG Specialty Lending.

Which institutional investors are selling TPG Specialty Lending stock?

TSLX stock was sold by a variety of institutional investors in the last quarter, including Mckinley Capital Management LLC Delaware and Versant Capital Management Inc. View Insider Buying and Selling for TPG Specialty Lending.

Which institutional investors are buying TPG Specialty Lending stock?

TSLX stock was acquired by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD.. Company insiders that have bought TPG Specialty Lending stock in the last two years include Alan Waxman, David Stiepleman, Ian Simmonds, John Ross, Richard A Higginbotham and Ronald Tanemura. View Insider Buying and Selling for TPG Specialty Lending.

How do I buy shares of TPG Specialty Lending?

Shares of TSLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is TPG Specialty Lending's stock price today?

One share of TSLX stock can currently be purchased for approximately $18.20.

How big of a company is TPG Specialty Lending?

TPG Specialty Lending has a market capitalization of $1.18 billion and generates $210.90 million in revenue each year. The financial services provider earns $120.25 million in net income (profit) each year or $2.00 on an earnings per share basis.

How can I contact TPG Specialty Lending?

TPG Specialty Lending's mailing address is 301 COMMERCE STREET SUITE 3300, FORT WORTH TX, 76102. The financial services provider can be reached via phone at 817-871-4000 or via email at [email protected]


MarketBeat Community Rating for TPG Specialty Lending (NYSE TSLX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  205 (Vote Outperform)
Underperform Votes:  190 (Vote Underperform)
Total Votes:  395
MarketBeat's community ratings are surveys of what our community members think about TPG Specialty Lending and other stocks. Vote "Outperform" if you believe TSLX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TSLX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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