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NYSE:TSLXTPG Specialty Lending Stock Price, Forecast & News

$18.40
+0.06 (+0.33 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$18.06
Now: $18.40
$18.50
50-Day Range
$14.41
MA: $16.43
$18.70
52-Week Range
$11.25
Now: $18.40
$23.67
Volume343,151 shs
Average Volume361,429 shs
Market Capitalization$1.23 billion
P/E Ratio19.37
Dividend Yield8.94%
Beta1.02
TPG 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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TPG Specialty Lending logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.26 out of 5 stars


Industry, Sector and Symbol

Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone469-621-3001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$251.49 million
Cash Flow$1.77 per share
Book Value$15.46 per share

Profitability

Net Income$128.28 million

Miscellaneous

EmployeesN/A
Market Cap$1.23 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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TPG Specialty Lending (NYSE:TSLX) Frequently Asked Questions

How has TPG Specialty Lending's stock been impacted by COVID-19 (Coronavirus)?

TPG Specialty Lending's stock was trading at $19.37 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TSLX shares have decreased by 5.0% and is now trading at $18.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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." View analyst ratings for TPG Specialty Lending.

When is TPG Specialty Lending's next earnings date?

TPG Specialty Lending is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for TPG Specialty Lending.

How were TPG Specialty Lending's earnings last quarter?

TPG Specialty Lending Inc (NYSE:TSLX) released its earnings results on Tuesday, May, 5th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.02. The financial services provider had revenue of $66.27 million for the quarter, compared to the consensus estimate of $65.29 million. TPG Specialty Lending had a return on equity of 12.40% and a net margin of 23.65%. The company's revenue was up 26.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.59 earnings per share. View TPG Specialty Lending's earnings history.

How often does TPG Specialty Lending pay dividends? What is the dividend yield for TPG Specialty Lending?

TPG Specialty Lending declared a -- dividend on Monday, February 24th. Investors of record on Monday, June 15th will be paid a dividend of $0.25 per share on Tuesday, June 30th. This represents a yield of 7.2%. The ex-dividend date of this dividend is Friday, June 12th. View TPG Specialty Lending's dividend history.

What guidance has TPG Specialty Lending issued on next quarter's earnings?

TPG Specialty Lending issued an update on its first quarter earnings guidance on Thursday, April, 16th. The company provided EPS guidance of ~$0.51 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.49.

What price target have analysts set for TSLX?

7 equities research analysts have issued twelve-month target prices for TPG Specialty Lending's shares. Their forecasts range from $16.00 to $18.00. On average, they anticipate TPG Specialty Lending's stock price to reach $17.00 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. View analysts' price targets for TPG Specialty Lending.

Has TPG Specialty Lending been receiving favorable news coverage?

News coverage about TSLX stock has been trending negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TPG Specialty Lending earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutTPG Specialty Lending.

Are investors shorting TPG Specialty Lending?

TPG Specialty Lending saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,350,000 shares, an increase of 59.9% from the April 30th total of 1,470,000 shares. Based on an average daily trading volume, of 737,800 shares, the days-to-cover ratio is presently 3.2 days. Currently, 3.7% of the company's stock are short sold. View TPG Specialty Lending's Current Options Chain.

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

What other stocks do shareholders of TPG Specialty Lending own?

Who are TPG Specialty Lending's key executives?

TPG Specialty Lending's management team includes the following people:
  • Mr. Joshua Easterly, Chairman & Chief Exec. Officer (Age 43)
  • Mr. Robert J. Stanley, Pres (Age 44)
  • Mr. Ian Simmonds, Chief Financial Officer (Age 47)
  • Mr. Michael Graf CPA, Principal Accounting Officer, VP and Controller
  • Ms. Lucy Lu, Investor Relations VP

What is TPG Specialty Lending's stock symbol?

TPG Specialty Lending trades on the New York Stock Exchange (NYSE) under the ticker symbol "TSLX."

Who are TPG Specialty Lending's major shareholders?

TPG Specialty Lending's stock is owned by many different retail and institutional investors. Top institutional shareholders include Strs Ohio (8.88%), Delphi Financial Group Inc. (2.35%), Sound Income Strategies LLC (2.17%), Progeny 3 Inc. (1.17%), Cliffwater LLC (0.82%) and Acadian Asset Management LLC (0.77%). Company insiders that own TPG Specialty Lending stock include Hurley Doddy, John Ross, Kenneth Joseph Burke, Richard A Higginbotham and Steven Pluss. 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 Victory Capital Management Inc., UBS Group AG, Mackenzie Financial Corp, LGT Capital Partners LTD., Confluence Investment Management LLC, The Manufacturers Life Insurance Company , Lord Abbett & CO. LLC, and Virtus ETF Advisers LLC. View insider buying and selling activity for TPG Specialty Lending.

Which institutional investors are buying TPG Specialty Lending stock?

TSLX stock was bought by a variety of institutional investors in the last quarter, including Progeny 3 Inc., Sumitomo Mitsui Trust Holdings Inc., Strs Ohio, Acadian Asset Management LLC, Dimension Capital Management LLC, Sound Income Strategies LLC, Delphi Financial Group Inc., and Aigen Investment Management LP. Company insiders that have bought TPG Specialty Lending stock in the last two years include Hurley Doddy, John Ross, Kenneth Joseph Burke, Richard A Higginbotham, and Steven Pluss. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is TPG Specialty Lending's stock price today?

One share of TSLX stock can currently be purchased for approximately $18.40.

How big of a company is TPG Specialty Lending?

TPG Specialty Lending has a market capitalization of $1.23 billion and generates $251.49 million in revenue each year. The financial services provider earns $128.28 million in net income (profit) each year or $1.94 on an earnings per share basis.

What is TPG Specialty Lending's official website?

The official website for TPG Specialty Lending is www.tpgspecialtylending.com.

How can I contact TPG Specialty Lending?

TPG Specialty Lending's mailing address is 2100 MCKINNEY AVENUE SUITE 1500, DALLAS TX, 75201. The financial services provider can be reached via phone at 469-621-3001 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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