Sixth Street Specialty Lending (TSLX) Stock Price, News & Analysis

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sixth Street Specialty Lending in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TSLX shares.
View TSLX analyst ratings or view top-rated stocks.

5 equities research analysts have issued twelve-month price targets for Sixth Street Specialty Lending's stock. Their TSLX share price targets range from $22.00 to $23.00. On average, they predict the company's share price to reach $22.60 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price.
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Sixth Street Specialty Lending's stock was trading at $21.60 at the start of the year. Since then, TSLX stock has decreased by 4.1% and is now trading at $20.7050.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our TSLX earnings forecast.

Sixth Street Specialty Lending will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Sixth Street Specialty Lending, Inc. (NYSE:TSLX) posted its quarterly earnings data on Friday, February, 16th. The financial services provider reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.04. The financial services provider earned $119.50 million during the quarter, compared to analyst estimates of $115.18 million. Sixth Street Specialty Lending had a net margin of 50.69% and a trailing twelve-month return on equity of 13.67%. During the same quarter in the previous year, the firm posted $0.65 EPS.

Sixth Street Specialty Lending announced a quarterly dividend on Thursday, February 15th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.08 per share on Thursday, March 28th. This represents a $0.32 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for TSLX.

Sixth Street Specialty Lending (NYSE:TSLX) pays an annual dividend of $1.84 per share and currently has a dividend yield of 8.87%. TSLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 70.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, TSLX will have a dividend payout ratio of 81.78% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TSLX.

ETFs with the largest weight of Sixth Street Specialty Lending (NYSE:TSLX) stock in their portfolio include Putnam BDC Income ETF (PBDC), VanEck BDC Income ETF (BIZD), ProShares Global Listed Private Equity ETF (PEX) and Virtus Private Credit Strategy ETF (VPC).AdvisorShares Alpha DNA Equity Sentiment ETF (SENT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sixth Street Specialty Lending investors own include Ares Capital (ARCC), AT&T (T), Enterprise Products Partners (EPD), Energy Transfer (ET), Main Street Capital (MAIN), New Residential Investment (NRZ), BlackRock TCP Capital (TCPC), Hercules Capital (HTGC), Pfizer (PFE) and Prospect Capital (PSEC).

Sixth Street Specialty Lending's stock is owned by many different retail and institutional investors. Top institutional investors include Sound Income Strategies LLC (2.25%), Melia Wealth LLC (0.61%), Confluence Investment Management LLC (0.28%), Ignite Planners LLC (0.05%), Worth Asset Management LLC (0.01%) and Future Financial Wealth Managment LLC (0.00%). Insiders that own company stock include Anton Brett, Hurley Doddy, Ian Simmonds, Jennifer Gordon, Michael Graf and Richard A Higginbotham.
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Shares of TSLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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