Based on TLS-ESPRIT algorithm, this paper proposes a weighted spatial smoothing DOA estimation algorithm to address the problem that the conventional TLS-ESPRIT algorithm will be disabled to estimate the direction of arrival (DOA) in the scenario of coherent sources. The proposed method divides the received signal array into several subarrays with special structural feature. Then, utilizing these subarrays, this paper constructs the new weighted covariance matrix to estimate the DOA based on TLS-ESPRIT. The auto-correlation and cross-correlation information of subarrays in the proposed algorithm is extracted sufficiently, improving the orthogonality between the signal subspace and the noise subspace so that the DOA of coherent sources could be estimated accurately. The simulations show that the proposed algorithm is superior to the conventional spatial smoothing algorithms under different signal to noise ratio (SNR) and snapshot numbers with coherent sources.