Top-Rated Dividend StocksTop-Rated DividendNYSE:TSLX Sixth Street Specialty Lending (TSLX) Stock Price, News & Analysis $21.02 +0.11 (+0.53%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$20.85▼$21.0450-Day Range$20.91▼$22.0152-Week Range$19.02▼$22.35Volume414,845 shsAverage Volume378,586 shsMarket Capitalization$1.95 billionP/E Ratio8.47Dividend Yield8.76%Price Target$22.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Sixth Street Specialty Lending alerts: Email Address Sixth Street Specialty Lending MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside7.9% Upside$22.67 Price TargetShort InterestHealthy1.14% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.62Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-3.03%From $2.31 to $2.24 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.60 out of 5 starsFinance Sector720th out of 898 stocksInvestors, Not Elsewhere Classified Industry3rd out of 15 stocks 1.4 Analyst's Opinion Consensus RatingSixth Street Specialty Lending has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageSixth Street Specialty Lending has only been the subject of 1 research reports in the past 90 days.Read more about Sixth Street Specialty Lending's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.14% of the outstanding shares of Sixth Street Specialty Lending have been sold short.Short Interest Ratio / Days to CoverSixth Street Specialty Lending has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 2.5 Dividend Strength Dividend LeadershipSixth Street Specialty Lending is a leading dividend payer. It pays a dividend yield of 8.75%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSixth Street Specialty Lending does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Sixth Street Specialty Lending is 74.19%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Sixth Street Specialty Lending will have a dividend payout ratio of 82.14% in the coming year. This indicates that Sixth Street Specialty Lending may not be able to sustain their current dividend.Read more about Sixth Street Specialty Lending's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TSLX. Previous Next 2.6 News and Social Media Coverage News SentimentSixth Street Specialty Lending has a news sentiment score of 0.62. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Sixth Street Specialty Lending this week, compared to 2 articles on an average week.Search InterestOnly 6 people have searched for TSLX on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Sixth Street Specialty Lending to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sixth Street Specialty Lending insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.30% of the stock of Sixth Street Specialty Lending is held by insiders.Percentage Held by Institutions70.25% 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.Read more about Sixth Street Specialty Lending's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Sixth Street Specialty Lending are expected to decrease by -3.03% in the coming year, from $2.31 to $2.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sixth Street Specialty Lending is 8.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Sixth Street Specialty Lending is 8.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.20.Price to Book Value per Share RatioSixth Street Specialty Lending has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Sixth Street Specialty Lending's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."Click here to see why Wall Street is in PANIC mode >>> About Sixth Street Specialty Lending Stock (NYSE: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, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. It seeks to finance and lending to middle market companies principally located in the United States. The fund invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million. The transaction size is between $15 million and $350 million. The fund invests across the spectrum of the capital structure and can arrange syndicated transactions of up to $500 million and hold sizeable positions within its credits.Read More TSLX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TSLX Stock News HeadlinesJuly 24 at 3:28 AM | americanbankingnews.comSixth Street Specialty Lending (TSLX) to Release Earnings on WednesdayJuly 20, 2024 | seekingalpha.comOaktree Specialty Lending: Built For Stability And SuccessJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 16, 2024 | seekingalpha.comSixth Street Specialty Lending: An 8.7% Dividend Worth ConsideringJuly 5, 2024 | seekingalpha.comSixth Street Specialty Lending: Consistent Performance Justifies PremiumJune 26, 2024 | investorplace.com7 Stocks With the Highest (Sustainable) Dividend Yields in 2024June 23, 2024 | 247wallst.comWant $13,000 in Passive Income? Invest $10,000 in These 11 Dividend StocksJune 22, 2024 | seekingalpha.comSixth Street Lending: You Can Get A 9% Yield, But The Stock Is No BargainJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.June 2, 2024 | seekingalpha.comSixth Street Specialty Lending: A Top Notch BDC To Buy On A PullbackMay 22, 2024 | finance.yahoo.comDirector P Covington Acquires 7,500 Shares of Sixth Street Specialty Lending Inc (TSLX)May 15, 2024 | seekingalpha.comSixth Street Specialty Lending: Still Solid Prospects After Q1 2024May 12, 2024 | seekingalpha.comSixth Street Continues Thriving, Proving To Be A Solid Long-Term Dividend InvestmentMay 6, 2024 | msn.comSixth Street Specialty Lending declares $0.46 dividend; supplemental dividend per share of $0.06May 3, 2024 | finance.yahoo.comSixth Street Specialty Lending Inc (TSLX) Q1 2024 Earnings Call Transcript Highlights: Key ...May 1, 2024 | finance.yahoo.comSixth Street Specialty Lending Inc (TSLX) Q1 2024 Earnings: Aligns with Analyst ProjectionsMay 1, 2024 | sfgate.comSixth St: Q1 Earnings SnapshotMay 1, 2024 | finance.yahoo.comSixth Street Specialty Lending, Inc. Reports First Quarter 2024 Earnings Results; Declares a Second Quarter Base Dividend Per Share of $0.46, and a First Quarter Supplemental Dividend Per Share of $0.06See More Headlines Receive TSLX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sixth Street Specialty Lending and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Ex-Dividend for 6/20 Dividend5/31/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/20/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investors, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:TSLX CUSIPN/A CIK1508655 Webwww.tpgspecialtylending.com Phone(212) 601-4700Fax469-621-3002EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$22.67 High Stock Price Target$23.00 Low Stock Price Target$22.00 Potential Upside/Downside+7.9%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.48 Trailing P/E Ratio8.47 Forward P/E Ratio9.10 P/E GrowthN/ANet Income$196.40 million Net Margins47.16% Pretax Margin45.42% Return on Equity13.74% Return on Assets6.32% Debt Debt-to-Equity Ratio1.14 Current Ratio2.03 Quick Ratio2.03 Sales & Book Value Annual Sales$438.09 million Price / Sales4.45 Cash Flow$2.16 per share Price / Cash Flow9.74 Book Value$17.09 per share Price / Book1.23Miscellaneous Outstanding Shares92,720,000Free Float89,662,000Market Cap$1.95 billion OptionableOptionable Beta1.05 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Joshua William Easterly (Age 48)CEO & Chairman of the Board Mr. Robert Stanley (Age 49)President Mr. Ian Timothy Simmonds (Age 51)Chief Financial Officer Mr. Michael Graf CPA (Age 41)Deputy CFO & Principal Accounting Officer Ms. Cami VanHornHead of Investor RelationsMr. Anton Brett (Age 36)Chief Compliance Officer & Secretary Mr. David Stiepleman (Age 52)VP & Non-Independent Director Mr. Michael E. Fishman (Age 61)VP & Non-Independent Director Ms. Jennifer E. Gordon J.D. (Age 48)VP & Non-Independent Director Mr. Matthew LillardPrincipalMore ExecutivesKey CompetitorsGolub Capital BDCNASDAQ:GBDCProspect CapitalNASDAQ:PSECNew Mountain FinanceNASDAQ:NMFCCapital SouthwestNASDAQ:CSWCPennantPark Floating Rate CapitalNASDAQ:PFLTView All CompetitorsInstitutional OwnershipDearborn Partners LLCSold 7,385 shares on 7/26/2024Ownership: 0.092%Bank of New York Mellon CorpBought 1,660 shares on 7/26/2024Ownership: 0.019%Baillie Gifford & Co.Bought 184,634 shares on 7/25/2024Ownership: 0.442%Pallas Capital Advisors LLCSold 26,255 shares on 7/22/2024Ownership: 0.090%Hennion & Walsh Asset Management Inc.Bought 16,770 shares on 7/20/2024Ownership: 0.187%View All Institutional Transactions TSLX Stock Analysis - Frequently Asked Questions How have TSLX shares performed this year? Sixth Street Specialty Lending's stock was trading at $21.60 on January 1st, 2024. Since then, TSLX shares have decreased by 2.7% and is now trading at $21.0150. View the best growth stocks for 2024 here. How were Sixth Street Specialty Lending's earnings last quarter? Sixth Street Specialty Lending, Inc. (NYSE:TSLX) announced its earnings results on Wednesday, May, 1st. The financial services provider reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.60 by $0.02. The financial services provider earned $117.78 million during the quarter, compared to analysts' expectations of $118.44 million. Sixth Street Specialty Lending had a net margin of 47.16% and a trailing twelve-month return on equity of 13.74%. Who are Sixth Street Specialty Lending's major shareholders? Top institutional shareholders of Sixth Street Specialty Lending include Sound Income Strategies LLC (2.30%), Raymond James Financial Services Advisors Inc. (0.62%), Baillie Gifford & Co. (0.44%) and Sumitomo Mitsui Trust Holdings Inc. (0.34%). Insiders that own company stock include Hurley Doddy, Ian Simmonds, Jennifer Gordon, Michael Graf, Anton Brett and Richard A Higginbotham. 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. Compare Top Brokerages Here. 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), AT&T (T), Enterprise Products Partners (EPD), Energy Transfer (ET), Main Street Capital (MAIN), New Residential Investment (NRZ) and BlackRock TCP Capital (TCPC). 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