Somewhat Positive Press Coverage Somewhat Unlikely to Impact TPG Specialty Lending (TSLX) Stock Price
News coverage about TPG Specialty Lending (NYSE:TSLX) has trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public 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 0.16 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.2562694836386 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern’s analysis:
- $0.43 EPS Expected for TPG Specialty Lending, Inc. (TSLX) This Quarter (americanbankingnews.com)
- TPG Specialty Lending (TSLX) Shares Cross Below 200 DMA (nasdaq.com)
- TPG Specialty Lending, Inc. (TSLX) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com)
- TPG Specialty Lending, Inc. (TSLX) Downgraded by BidaskClub (americanbankingnews.com)
A number of analysts recently issued reports on TSLX shares. Zacks Investment Research raised TPG Specialty Lending from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research report on Wednesday, July 5th. BidaskClub downgraded TPG Specialty Lending from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 20th. National Securities reaffirmed a “neutral” rating and issued a $19.00 target price on shares of TPG Specialty Lending in a research report on Monday, August 7th. JMP Securities lifted their target price on TPG Specialty Lending from $21.50 to $22.00 and gave the company an “outperform” rating in a research report on Monday, August 7th. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $22.00 target price (up previously from $21.00) on shares of TPG Specialty Lending in a research report on Wednesday, August 9th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $20.80.
TPG Specialty Lending (NYSE TSLX) opened at 20.00 on Tuesday. TPG Specialty Lending has a 12-month low of $17.00 and a 12-month high of $21.74. The company’s 50-day moving average price is $20.95 and its 200-day moving average price is $20.55.
TPG Specialty Lending (NYSE:TSLX) last posted its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $0.57 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.11. The firm had revenue of $58.82 million during the quarter, compared to analyst estimates of $49.41 million. TPG Specialty Lending had a net margin of 60.77% and a return on equity of 12.68%. The company’s revenue for the quarter was up 27.8% on a year-over-year basis. During the same quarter last year, the business posted $0.43 EPS. On average, analysts expect that TPG Specialty Lending will post $1.91 earnings per share for the current fiscal year.
The business also recently declared a special dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a dividend yield of 7.38%. This is a positive change from TPG Specialty Lending’s previous special dividend of $0.04. TPG Specialty Lending’s dividend payout ratio (DPR) is presently 71.89%.
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TPG Specialty Lending Company Profile
TPG Specialty Lending, Inc 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 originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities.
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