TPG Specialty Lending (NYSE:TSLX) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, August 4th. Analysts expect the company to announce earnings of $0.43 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

TPG Specialty Lending (NYSE:TSLX) last announced its earnings results on Tuesday, May 5th. The financial services provider reported $0.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.02. TPG Specialty Lending had a net margin of 23.65% and a return on equity of 12.40%. The business had revenue of $66.27 million during the quarter, compared to analysts’ expectations of $65.29 million. During the same quarter in the prior year, the company posted $0.59 earnings per share. The firm’s revenue was up 26.3% on a year-over-year basis. On average, analysts expect TPG Specialty Lending to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of TSLX opened at $17.04 on Friday. TPG Specialty Lending has a 12 month low of $11.25 and a 12 month high of $23.67. The firm has a fifty day simple moving average of $16.72 and a 200 day simple moving average of $18.05. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 8.39 and a beta of 1.03. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.95.

The firm also recently announced a dividend, which was paid on Wednesday, July 15th. Investors of record on Monday, June 15th were issued a dividend of $0.41 per share. This is a boost from TPG Specialty Lending’s previous dividend of $0.39. The ex-dividend date was Friday, June 12th. TPG Specialty Lending’s dividend payout ratio is presently 84.54%.

TSLX has been the subject of several recent research reports. Zacks Investment Research upgraded shares of TPG Specialty Lending from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a report on Wednesday. Keefe, Bruyette & Woods increased their price target on shares of TPG Specialty Lending from $15.50 to $17.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Raymond James cut shares of TPG Specialty Lending from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 24th. JPMorgan Chase & Co. cut their price target on shares of TPG Specialty Lending from $22.50 to $16.50 and set an “overweight” rating for the company in a research note on Monday, May 4th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $16.00 price target on shares of TPG Specialty Lending in a research note on Sunday, April 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. TPG Specialty Lending currently has a consensus rating of “Buy” and a consensus price target of $17.36.

TPG Specialty Lending Company Profile

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.

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Earnings History for TPG Specialty Lending (NYSE:TSLX)

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