TPG Specialty Lending (TSLX) Receives Daily Media Impact Score of 0.19
News headlines about TPG Specialty Lending (NYSE:TSLX) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TPG Specialty Lending earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.3149284818836 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
TSLX has been the subject of several analyst reports. National Securities reaffirmed a “neutral” rating and set a $19.00 target price on shares of TPG Specialty Lending in a report on Monday, May 8th. Zacks Investment Research raised TPG Specialty Lending from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a report on Wednesday, July 5th. BidaskClub downgraded TPG Specialty Lending from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 20th. JMP Securities upped their target price on TPG Specialty Lending from $21.50 to $22.00 and gave the company an “outperform” rating in a report on Monday, August 7th. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $22.00 target price (up from $21.00) on shares of TPG Specialty Lending in a report on Wednesday, August 9th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. TPG Specialty Lending presently has a consensus rating of “Buy” and an average target price of $20.80.
TPG Specialty Lending (NYSE:TSLX) opened at 20.88 on Thursday. The company’s 50-day moving average price is $20.89 and its 200 day moving average price is $20.43. TPG Specialty Lending has a 52-week low of $17.00 and a 52-week high of $21.74.
TPG Specialty Lending (NYSE:TSLX) last released its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.11. The company had revenue of $58.82 million for the quarter, compared to analysts’ expectations of $49.41 million. TPG Specialty Lending had a net margin of 60.77% and a return on equity of 12.68%. The business’s revenue was up 27.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.43 EPS. Equities research analysts anticipate that TPG Specialty Lending will post $1.91 EPS for the current fiscal year.
The firm also recently declared a special dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, August 31st will be given a $0.09 dividend. This is a boost from TPG Specialty Lending’s previous special dividend of $0.04. The ex-dividend date is Tuesday, August 29th. This represents a yield of 7.38%. TPG Specialty Lending’s dividend payout ratio (DPR) is presently 71.89%.
About TPG Specialty Lending
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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