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

Company Overview

Sixth Street Specialty Lending (NYSE:TSLX) is a publicly traded business development company that provides customized debt financing solutions to middle‐market companies. Externally managed by Sixth Street Partners, the firm leverages its deep credit expertise to structure tailored lending arrangements, including senior secured loans, unitranche facilities, and mezzanine debt. Its flexible capital offerings are designed to support a wide range of corporate needs, from growth initiatives and acquisitions to refinancing and recapitalizations.

Since its inception in 2016, Sixth Street Specialty Lending has deployed capital across diverse industry sectors such as healthcare, technology, industrials, and consumer products. The company emphasizes disciplined underwriting and rigorous credit analysis, drawing on Sixth Street Partners’ global platform and origination network. This approach allows TSLX to navigate complex market environments and deliver financing solutions that align with both borrower objectives and investor return expectations.

Headquartered in San Francisco, Sixth Street Specialty Lending primarily serves companies based in the United States, while selectively pursuing opportunities in Europe. The firm’s geographic flexibility enables it to capitalize on cross‐border transactions and support sponsors throughout the investment lifecycle. TSLX’s diversified portfolio reflects a strategic focus on recurring cash flows and resilient business models, helping to mitigate volatility across economic cycles.

Leadership at Sixth Street Specialty Lending comprises seasoned professionals with extensive backgrounds in credit structuring, private credit, and leveraged finance. The management team, in partnership with an independent board of directors, oversees portfolio construction, risk management, and compliance functions. This governance framework promotes alignment between shareholders and the external manager, ensuring transparency and disciplined capital deployment.

Key Stats

• Today's Range: $24.22 to $24.44
• 50-Day Range: $20.71 to $24.38
• 52-Week Range: $18.58 to $24.46
• Volume: 388,218 shs
• Average Volume: 397,817 shs
• Market Capitalization: $2.29 billion
• P/E Ratio: 12.88
• Dividend Yield: 7.56%
• Price Target: $22.81
• Consensus Rating: Buy

Sixth Street Specialty Lending Stock Analysis - MarketRank™

Sixth Street Specialty Lending scored higher than 53% of companies evaluated by MarketBeat, and ranked 616th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Sixth Street Specialty Lending has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Sixth Street Specialty Lending has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -1.37%

Earnings Growth

Earnings for Sixth Street Specialty Lending are expected to decrease by -1.37% in the coming year, from $2.19 to $2.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sixth Street Specialty Lending is 12.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sixth Street Specialty Lending is 12.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.20.

Price to Book Value per Share Ratio

Sixth Street Specialty Lending has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.81% of the float of Sixth Street Specialty Lending has been sold short.

Short Interest Ratio / Days to Cover

Sixth Street Specialty Lending has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sixth Street Specialty Lending has recently decreased by 79.65%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Sixth Street Specialty Lending is a leading dividend payer. It pays a dividend yield of 7.58%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Sixth Street Specialty Lending does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Sixth Street Specialty Lending is 97.35%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Sixth Street Specialty Lending will have a dividend payout ratio of 85.19% in the coming year. This indicates that Sixth Street Specialty Lending may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.81% of the float of Sixth Street Specialty Lending has been sold short.

Short Interest Ratio / Days to Cover

Sixth Street Specialty Lending has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sixth Street Specialty Lending has recently decreased by 79.65%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.06

News Sentiment

Sixth Street Specialty Lending has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.95 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Sixth Street Specialty Lending this week, compared to 5 articles on an average week.

Search Interest

22 people have searched for TSLX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

5 people have added Sixth Street Specialty Lending to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sixth Street Specialty Lending insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.22% of the stock of Sixth Street Specialty Lending is held by insiders.

Percentage Held by Institutions

70.25% of the stock of Sixth Street Specialty Lending is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TSLX Stock Analysis - Frequently Asked Questions

How have TSLX shares performed this year?

Sixth Street Specialty Lending's stock was trading at $21.30 on January 1st, 2025. Since then, TSLX stock has increased by 14.3% and is now trading at $24.35.

How were Sixth Street Specialty Lending's earnings last quarter?

Sixth Street Specialty Lending, Inc. (NYSE:TSLX) announced its quarterly earnings data on Wednesday, April, 30th. The financial services provider reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The financial services provider had revenue of $113.92 billion for the quarter, compared to the consensus estimate of $116.70 million. Sixth Street Specialty Lending had a trailing twelve-month return on equity of 13.60% and a net margin of 36.59%.
Read the conference call transcript.

Who are Sixth Street Specialty Lending's major shareholders?

Sixth Street Specialty Lending's top institutional investors include Gilman Hill Asset Management LLC (0.50%), Confluence Investment Management LLC (0.31%), Pallas Capital Advisors LLC (0.05%) and Mirador Capital Partners LP (0.02%). Insiders that own company stock include Judy S Slotkin, Hurley Doddy, Michael Graf and Anton Brett.
View institutional ownership trends.

How do I buy shares of Sixth Street Specialty Lending?

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.

What other stocks do shareholders of Sixth Street Specialty Lending own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sixth Street Specialty Lending investors own include Ares Capital (ARCC), Hercules Capital (HTGC), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Main Street Capital (MAIN), Annaly Capital Management (NLY) and AT&T (T).

Company Calendar

• Last Earnings: 4/30/2025
• Ex-Dividend for 6/20 Dividend: 5/30/2025
• Record date for 6/20 Dividend: 6/02/2025
• Record date for 6/30 Dividend: 6/16/2025
• Ex-Dividend for 6/30 Dividend: 6/16/2025
• Dividend Payable: 6/20/2025
• Dividend Payable: 6/30/2025
• Today: 7/12/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - SBIC&COMMRL
• Sub-Industry: Real Estate
• Current Symbol: NYSE:TSLX
• CIK: 1508655
• Web: www.tpgspecialtylending.com
• Phone: (212) 601-4700
• Fax: 469-621-3002
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Sixth Street Specialty Lending: $22.81
• High Price Target: $25.00
• Low Price Target: $21.00
• Potential Upside/Downside: -6.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.89
• Trailing P/E Ratio: 12.88
• Forward P/E Ratio: 11.12
• P/E Growth: N/A
• Net Income: $220.02 million
• Net Margins: 36.59%
• Pretax Margin: 47.82%
• Return on Equity: 13.60%
• Return on Assets: 6.22%

Debt

• Debt-to-Equity Ratio: 1.15
• Current Ratio: 3.06
• Quick Ratio: 3.06

Sales & Book Value

• Annual Sales: $482.53 million
• Price / Sales: 4.74
• Cash Flow: $2.17 per share
• Price / Cash Flow: 11.23
• Book Value: $17.23 per share
• Price / Book: 1.41

Miscellaneous

• Outstanding Shares: 93,960,000
• Free Float: 90,938,000
• Market Cap: $2.29 billion
• Optionable: Optionable
• Beta: 0.83