Sixth Street Specialty Lending, Inc. (TSLX)
| Market Cap | 2.29B |
| Revenue (ttm) | 474.29M |
| Net Income (ttm) | 187.60M |
| Shares Out | 94.24M |
| EPS (ttm) | 2.01 |
| PE Ratio | 12.12 |
| Forward PE | 11.74 |
| Dividend | $2.07 (8.52%) |
| Ex-Dividend Date | Aug 29, 2025 |
| Volume | 382,277 |
| Open | 24.46 |
| Previous Close | 24.20 |
| Day's Range | 24.15 - 24.46 |
| 52-Week Range | 18.58 - 25.17 |
| Beta | 0.85 |
| Analysts | Strong Buy |
| Price Target | 23.28 (-4.24%) |
| Earnings Date | Jul 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 9 analysts, the average rating for TSLX stock is "Strong Buy." The 12-month stock price target is $23.28, which is a decrease of -4.24% from the latest price.
News
It's All Downhill For Most BDCs, Here Is My Approach
Q2 earnings confirmed my call for a market rotation in BDCs; quality bias and selectivity remain critical for outperformance. Structural headwinds—spread compression, falling base rates, and thin divi...
BDC Weekly Review: Tight Spreads Keep A Lid On Net Income
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Sixth Street Specialty Lending: Time To Stop Buying (Rating Downgrade)
Sixth Street Specialty remains a top BDC player for its defensive portfolio, strong diversification, and reliable dividend coverage, consistently delivering solid total returns. The company's NAV per ...
Discounts And 10%+ Yields: 2 BDCs To Buy Now
I believe BDC investors face higher odds of unfavorable returns over the next 1-3 years due to macro and sector-specific headwinds. Key risks include a negatively sloped interest rate curve, tight spr...
Sixth Street Specialty Lending, Inc. (TSLX) Q2 2025 Earnings Call Transcript
Sixth Street Specialty Lending, Inc. (NYSE:TSLX) Q2 2025 Earnings Conference Call July 31, 2025 8:30 AM ET Company Participants Cami Senatore - Head of Investor Relations Ian Timothy Simmonds - Chief...
Sixth Street Specialty Lending, Inc. Reports Second Quarter 2025 Earnings Results; Declares a Third Quarter Base Dividend Per Share of $0.46, and a Second Quarter Supplemental Dividend Per Share of $0.05
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported financial results for the second quarter ended June 30, 2025. Please view a printable vers...
BDC Dividend Cut Storm Likely Ahead
High-income investors face limited options for sustainable, high-yield investments, with traditional asset classes often highly correlated and yields rarely exceeding 7-9%. Business Development Compan...
Sixth Street Specialty Lending: Worthy NAV Premium
Sixth Street Specialty Lending (TSLX) stands out for growing net investment income and maintaining a well-covered, safe 8% dividend yield. TSLX's focus on first-lien originations and improving credit ...
Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its Second Quarter Ended June 30, 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 second quarter ended June 30, ...
Sixth Street Specialty: Hold, Sell, Or Double Down? My BDC Battle
TSLX is one of the best BDCs in the game. It has delivered excellent results in Q1, 2025, while most other peers have been struggling. Yet, TSLX investment case is not as straightforward.
When Market Pain Means Income Investor Gain
The current environment is uniquely challenging, with uncertainty persisting and no clear catalyst for a recovery. Growth is richly priced, and, in my view, an unattractive space. This makes value and...
Sixth Street Specialty Lending: Strong Dividend Coverage But Trades At A Premium
TSLX offers a strong 8.9% dividend yield with robust coverage, making it appealing for income-focused investors despite sector headwinds. The portfolio is well-diversified, with 93% in first lien seni...
BDC Weekly Review: Sector ROE Is Too Low, Says Sixth Street Specialty Lending
We take a look at the action in business development companies through the last week of May and highlight some of the key themes we are watching. BDCs posted strong returns in May. TSLX's claims of lo...
My Top 2 Buy And Hold Forever BDC Picks
BDCs are high-risk assets. It means that buy and hold forever strategy might be suboptimal. Yet, there are exceptions.
BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector
We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of we...
Sixth Street Specialty Lending: A BDC Worthy Of Your Capital
Trump's tariffs have escalated into a U.S.-China trade war, creating a riskier environment for BDCs, likely impacting their portfolio performance. TSLX's strong portfolio, focused on first-lien debt a...
2 Great 7-10% Yields For Retirement Income
Berkshire Hathaway famously doesn't pay a dividend, but these high yield stocks do, and trade at attractive valuations. Sixth Street Specialty Lending provides a 10.1% yield, conservative middle-marke...
Sixth Street Specialty Lending, Inc. (TSLX) Q1 2025 Earnings Call Transcript
Sixth Street Specialty Lending, Inc. (NYSE:TSLX) Q1 2025 Results Conference Call May 1, 2025 8:30 AM ET Company Participants Cami VanHorn - Head, Investor Relations Joshua Easterly - Chief Executive ...
Sixth Street Specialty Lending, Inc. Provides a Letter to Stakeholders in Conjunction with its First Quarter Earnings Results
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today sent the following letter to its stakeholders in conjunction with its first quarter ended March 31,...
Sixth Street Specialty Lending, Inc. Reports First Quarter 2025 Earnings Results; Declares a Second Quarter Base Dividend Per Share of $0.46, and a First Quarter Supplemental Dividend Per Share of $0.06
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported financial results for the first quarter ended March 31, 2025. Please view a printable vers...
Sixth Street Specialty Lending: A Quality Dividend Powerhouse For Long-Term Investors
Sixth Street Specialty Lending provides investors with a 10% dividend yield and low volatility, which makes it suitable for defensive income-focused portfolios that require stable cash flows. The comp...
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, ...
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-bo...