Wall Street brokerages predict that TPG Specialty Lending Inc (NYSE:TSLX) will report sales of $48.15 million for the current fiscal quarter, Zacks reports. Four analysts have made estimates for TPG Specialty Lending’s earnings. The highest sales estimate is $53.24 million and the lowest is $43.88 million. TPG Specialty Lending posted sales of $49.70 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 3.1%. The business is expected to report its next earnings report after the market closes on Wednesday, February 21st.

According to Zacks, analysts expect that TPG Specialty Lending will report full year sales of $48.15 million for the current fiscal year, with estimates ranging from $206.00 million to $215.32 million. For the next fiscal year, analysts anticipate that the firm will post sales of $199.92 million per share, with estimates ranging from $182.00 million to $222.68 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover TPG Specialty Lending.

TPG Specialty Lending (NYSE:TSLX) last issued its quarterly earnings data on Tuesday, November 7th. The financial services provider reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.08. TPG Specialty Lending had a return on equity of 12.63% and a net margin of 56.43%. The firm had revenue of $48.86 million for the quarter, compared to analyst estimates of $48.58 million. During the same period in the prior year, the firm posted $0.51 EPS.

A number of research analysts have commented on the company. BidaskClub lowered TPG Specialty Lending from a “sell” rating to a “strong sell” rating in a report on Thursday, November 9th. National Securities upped their price objective on TPG Specialty Lending from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Monday, November 13th. Zacks Investment Research upgraded TPG Specialty Lending from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research report on Friday, November 10th. Finally, SunTrust Banks reiterated a “buy” rating and set a $22.00 target price on shares of TPG Specialty Lending in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $21.75.

TPG Specialty Lending (NYSE TSLX) opened at $19.15 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.58. TPG Specialty Lending has a 1-year low of $18.52 and a 1-year high of $21.74. The company has a market capitalization of $1,168.96, a price-to-earnings ratio of 9.77, a price-to-earnings-growth ratio of 3.60 and a beta of 0.57.

The business also recently announced a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 15th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 8.15%. TPG Specialty Lending’s payout ratio is 79.59%.

Large investors have recently added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. lifted its position in shares of TPG Specialty Lending by 56.2% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 88,289 shares of the financial services provider’s stock valued at $1,851,000 after acquiring an additional 31,754 shares during the period. Strs Ohio lifted its position in shares of TPG Specialty Lending by 2.0% during the 3rd quarter. Strs Ohio now owns 4,642,465 shares of the financial services provider’s stock valued at $97,306,000 after acquiring an additional 90,656 shares during the period. Mackenzie Financial Corp lifted its position in shares of TPG Specialty Lending by 19.0% during the 3rd quarter. Mackenzie Financial Corp now owns 66,000 shares of the financial services provider’s stock valued at $1,383,000 after acquiring an additional 10,553 shares during the period. Macquarie Group Ltd. bought a new stake in shares of TPG Specialty Lending during the 3rd quarter valued at $811,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of TPG Specialty Lending by 163.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 109,508 shares of the financial services provider’s stock valued at $2,239,000 after acquiring an additional 67,891 shares during the period. Hedge funds and other institutional investors own 63.09% of the company’s stock.

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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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