Sixth Street Specialty Lending (TSLX) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Sixth Street Specialty Lending (TSLX) will report Q1 2026 results after the close on May 5, with analysts forecasting $0.49 EPS and $103.45M in revenue; the earnings call is scheduled for May 6 at 8:30 AM ET.
• The company cut its quarterly dividend to $0.01 (annualized $0.04) for a yield of 0.2% and a payout ratio of 101.66%, indicating pressure on distributions.
• Management buying and institutional backing are notable: VP Alan Waxman purchased 45,000 shares and now owns 545,000, insiders hold 3.83% of shares while institutions own about 70.25%.

Sixth Street Specialty Lending (NYSE:TSLX - Get Free Report) is expected to be releasing its Q1 2026 results after the market closes on Tuesday, May 5th. Analysts expect Sixth Street Specialty Lending to post earnings of $0.49 per share and revenue of $103.4510 million for the quarter. Individuals may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Wednesday, May 6, 2026 at 8:30 AM ET.

Sixth Street Specialty Lending (NYSE:TSLX - Get Free Report) last posted its earnings results on Thursday, February 12th. The financial services provider reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.20). The firm had revenue of $108.25 million for the quarter, compared to analysts' expectations of $107.11 million. Sixth Street Specialty Lending had a return on equity of 12.71% and a net margin of 37.99%.During the same quarter last year, the company posted $0.61 EPS. On average, analysts expect Sixth Street Specialty Lending to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sixth Street Specialty Lending Trading Up 0.7%

TSLX opened at $18.83 on Tuesday. The stock has a market cap of $1.79 billion, a PE ratio of 10.40 and a beta of 0.66. The company has a quick ratio of 2.83, a current ratio of 2.83 and a debt-to-equity ratio of 1.08. The business has a 50 day moving average of $18.31 and a 200-day moving average of $20.48. Sixth Street Specialty Lending has a 52 week low of $16.99 and a 52 week high of $25.17.

Sixth Street Specialty Lending Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a $0.01 dividend. The ex-dividend date was Monday, March 16th. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. Sixth Street Specialty Lending's dividend payout ratio is 101.66%.

Insider Buying and Selling

In related news, VP Alan Waxman bought 45,000 shares of the business's stock in a transaction dated Tuesday, March 10th. The shares were purchased at an average cost of $18.47 per share, with a total value of $831,150.00. Following the completion of the purchase, the vice president owned 545,000 shares in the company, valued at approximately $10,066,150. The trade was a 9.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders acquired 545,000 shares of company stock valued at $9,997,150 over the last 90 days. Insiders own 3.83% of the company's stock.

Hedge Funds Weigh In On Sixth Street Specialty Lending

A number of hedge funds have recently bought and sold shares of the company. Bank of Montreal Can grew its position in Sixth Street Specialty Lending by 419.5% during the 4th quarter. Bank of Montreal Can now owns 2,284,920 shares of the financial services provider's stock valued at $49,628,000 after purchasing an additional 1,845,088 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Sixth Street Specialty Lending by 105.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 624,196 shares of the financial services provider's stock worth $13,558,000 after buying an additional 319,665 shares during the last quarter. Callodine Capital Management LP lifted its stake in shares of Sixth Street Specialty Lending by 26.5% in the fourth quarter. Callodine Capital Management LP now owns 1,101,992 shares of the financial services provider's stock worth $23,935,000 after buying an additional 230,559 shares in the last quarter. UBS Group AG grew its holdings in shares of Sixth Street Specialty Lending by 11.0% during the third quarter. UBS Group AG now owns 1,316,597 shares of the financial services provider's stock valued at $30,097,000 after buying an additional 130,586 shares during the last quarter. Finally, HRT Financial LP grew its holdings in shares of Sixth Street Specialty Lending by 185.6% during the second quarter. HRT Financial LP now owns 190,316 shares of the financial services provider's stock valued at $4,531,000 after buying an additional 123,682 shares during the last quarter. Institutional investors own 70.25% of the company's stock.

Wall Street Analysts Forecast Growth

TSLX has been the subject of several recent research reports. Wall Street Zen raised Sixth Street Specialty Lending from a "sell" rating to a "hold" rating in a research report on Saturday, April 4th. Truist Financial decreased their price target on shares of Sixth Street Specialty Lending from $24.00 to $22.00 and set a "buy" rating for the company in a research note on Tuesday, February 17th. Keefe, Bruyette & Woods lowered their price target on shares of Sixth Street Specialty Lending from $23.00 to $22.00 and set an "outperform" rating for the company in a research report on Tuesday, February 17th. Citizens Jmp dropped their price objective on shares of Sixth Street Specialty Lending from $25.00 to $24.00 and set a "market outperform" rating on the stock in a research note on Wednesday, April 22nd. Finally, Wells Fargo & Company cut their price objective on shares of Sixth Street Specialty Lending from $22.00 to $20.00 and set an "overweight" rating on the stock in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $21.81.

Sixth Street Specialty Lending Company Profile

Sixth Street Specialty Lending Inc NYSE: TSLX is a closed-end, externally managed business development company that provides flexible debt financing solutions to middle-market companies. The fund primarily targets senior secured loans, unitranche facilities, mezzanine debt, second-lien financings and equity co-investment opportunities. By structuring tailored capital solutions, Sixth Street Specialty Lending seeks to support growth initiatives, recapitalizations and refinancings across a diverse set of industries, including technology, healthcare and business services.

As an affiliate of Sixth Street Partners, a global alternative investment firm, the company leverages the broader platform’s credit research, operational expertise and industry relationships.

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