Sixth Street Specialty Lending, Inc. (TSLX)
| Market Cap | 1.92B |
| Revenue (ttm) | 482.53M |
| Net Income (ttm) | 186.57M |
| Shares Out | 93.96M |
| EPS (ttm) | 2.03 |
| PE Ratio | 10.08 |
| Forward PE | 9.42 |
| Dividend | $2.08 (10.28%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 566,527 |
| Open | 20.22 |
| Previous Close | 20.12 |
| Day's Range | 20.22 - 20.56 |
| 52-Week Range | 18.58 - 23.67 |
| Beta | 0.90 |
| Analysts | Strong Buy |
| Price Target | 23.17 (+14.56%) |
| Earnings Date | Apr 30, 2025 |
About TSLX
Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, 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. The fund invests in business services, software & technology, ... [Read more]
Financial Performance
In 2024, TSLX's revenue was $482.53 million, an increase of 10.14% compared to the previous year's $438.09 million. Earnings were $186.57 million, a decrease of -15.97%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for TSLX stock is "Strong Buy." The 12-month stock price forecast is $23.17, which is an increase of 14.56% from the latest price.
News
Sixth Street Specialty Lending: Time To Pull The Trigger And Buy (Rating Upgrade)
Sixth Street Specialty Lending offers a well-covered 9% dividend yield, with robust dividend coverage and supplemental dividends, making it attractive for passive income investors. The BDC's focus on ...
Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it will release its financial results for the first quarter ended March 31, ...
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Sixth Street Specialty Lending: Improved Fundamentals But Expensive
TSLX offers a high dividend yield of 9.2%, supported by strong earnings and supplemental distributions, making it attractive for reliable income seekers. The portfolio is well-diversified with 94% in ...
Trade Tracker: Jenny Harrington buys Sixth Street Lending and sells NNN Reit and Skyworks Solutions
Jenny Harrington, CEO Gilman Hill Asset Management, joins CNBC's "Halftime Report" to detail her latest portfolio moves.
Buy These Market-Beaters Offering Up To 9% Yield
Sixth Street Specialty Lending offers a high 9.2% dividend yield, supported by a well-managed investment portfolio and an investment-grade credit rating. Prologis is the largest industrial REIT, benef...
Sixth Street Specialty Lending, Inc. Prices Public Offering of $300.0 million 5.625% Unsecured Notes due 2030
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced an underwritten public offering of $300.0 million in aggregate ...
Sixth Street Specialty Lending, Inc. (TSLX) Q4 2024 Earnings Call Transcript
Sixth Street Specialty Lending, Inc. (NYSE:TSLX) Q4 2024 Earnings Conference Call February 14, 2025 8:30 AM ET Company Participants Cami VanHorn - Head, Investor Relations Joshua Easterly - Chief Exe...
Sixth Street Specialty Lending, Inc. Reports Full Year and Fourth Quarter 2024 Earnings Results; Declares a First Quarter Base Dividend Per Share of $0.46, and a Fourth Quarter Supplemental Dividend Per Share of $0.07
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported financial results for the full year and fourth quarter ended December 31, 2024. Please vie...
Billionaire Investor Says 'Sell MLPs': Our Approach
My largest investment since the COVID-19 crash has been midstream. However, a legendary billionaire investor just switched from being bullish to announcing he has started selling MLPs. We share our vi...
Sixth Street Specialty Lending: Strong Liquidity Enables Navigation Of Lower Interest Rates
Sixth Street Specialty Lending has shown strong performance in a high interest rate environment and is well-positioned for potential lower rates. Despite a flat share price, TSLX's solid portfolio and...
Forget The Fed: A 3-Fund Portfolio That Likely Wins No Matter What
The Federal Reserve's path forward on interest rates remains highly uncertain. Interest rates have a huge impact on the importance of many high-yielding stocks. I share a 3-fund portfolio that should ...
Steeper Yield Curve And BDCs: This Is What You Have To Know
The past couple of months, which include the steepening of the yield curve, have been positive for BDCs. However, higher long-term rates and a steeper yield curve create a net negative effect for BDC ...
Why BDCs Will Likely Outperform In 2025
The BDC sector had a lackluster H2 of 2024 after being on a strong run from 2022 to mid 2024. However, recently there has been some great news for BDCs to start 2025. We share our approach to BDCs rig...
Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its Fourth Quarter and Fiscal Year Ended December 31, 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it will release its financial results for the fourth quarter and fiscal year...
Sixth Street Specialty Lending: Lower Interest Rates Won't Hurt Its Income Potential
Sixth Street Specialty Lending is well-positioned to thrive in a decreasing interest rate environment while maintaining solid dividend coverage. TSLX's defensive portfolio features first-lien debt ori...
8 Stocks I'm Buying As I Hone My Buying Strategy For 2025
I visualize my portfolio as a galley ship with rowers (steady compounders) and sails (high-yielding securities) for balanced growth and income. In 2025, my goal is to refocus on rowers to enhance divi...
These 5 ‘Special' Dividends Are More Than One-Hit Wonders
Today we'll discuss a 5.4% dividend that actually annualizes to 7%. A 5.7% payer that really dishes 12.4%.
BDC Weekly Review: Two BDC Performance Headwinds
We take a look at the action in business development companies through the third week of November and highlight some of the key themes we are watching. BDCs posted a strong 2% return this week as mark...
Investing In BDCs For 10%+ Yields? This Is What Matters Now
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would s...
TSLX: 10% Yielding BDC Suitable For Watch List
Despite solid 2024 NII growth, Sixth Street Specialty Lending, Inc.'s realized and unrealized gains fell, but dividends and NII coverage remain strong. TSLX's portfolio is 94% secured loans, with 98.8...