S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
NYSE:TSLX

Sixth Street Specialty Lending Stock Forecast, Price & News

$23.74
+0.05 (+0.21 %)
(As of 10/22/2021 12:00 AM ET)
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Today's Range
$23.66
$23.78
50-Day Range
$21.59
$23.70
52-Week Range
$16.12
$23.97
Volume145,835 shs
Average Volume365,189 shs
Market Capitalization$1.73 billion
P/E Ratio6.80
Dividend Yield7.05%
Beta1.22
30 days | 90 days | 365 days | Advanced Chart
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Sixth Street Specialty Lending logo

About Sixth Street Specialty Lending

Sixth Street Specialty Lending, Inc acts as private equity fund. The fund target companies operating in the fields health, commercial, internet, industrial, technology serveries. It provides financing for first-lien debt, second-lien debt, mezzanine and unsecured debt and equity and other investments,transaction size between $15 to $350 million, EBTIDA of $10 to $250 million and enterprise value of $50 million. The company is founded in 2010 and is headquartered in New York, NY.

Headlines

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Industry, Sector and Symbol

Industry
Investors, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
N/A
Year Founded
N/A

Sales & Book Value

Annual Sales
$270.04 million
Cash Flow
$2.01 per share
Book Value
$17.17 per share

Profitability

Net Income
$147 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$1.73 billion
Next Earnings Date
11/2/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.21 out of 5 stars

Finance Sector

462nd out of 1,333 stocks

Investors, Not Elsewhere Classified Industry

4th out of 28 stocks

Analyst Opinion: 1.3Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -












Sixth Street Specialty Lending (NYSE:TSLX) Frequently Asked Questions

Is Sixth Street Specialty Lending a buy right now?

3 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 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Sixth Street Specialty Lending stock.
View analyst ratings for Sixth Street Specialty Lending
or view top-rated stocks.

What stocks does MarketBeat like better than Sixth Street Specialty Lending?

Wall Street analysts have given Sixth Street Specialty Lending a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sixth Street Specialty Lending wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Sixth Street Specialty Lending's next earnings date?

Sixth Street Specialty Lending is scheduled to release its next quarterly earnings announcement on Tuesday, November 2nd 2021.
View our earnings forecast for Sixth Street Specialty Lending
.

How can I listen to Sixth Street Specialty Lending's earnings call?

Sixth Street Specialty Lending will be holding an earnings conference call on Wednesday, November 3rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "8554469".

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

Sixth Street Specialty Lending, Inc. (NYSE:TSLX) announced its quarterly earnings results on Tuesday, August, 3rd. The financial services provider reported $0.38 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.50 by $0.12. The financial services provider had revenue of $62.83 million for the quarter, compared to analyst estimates of $65.34 million. Sixth Street Specialty Lending had a trailing twelve-month return on equity of 12.65% and a net margin of 95.35%.
View Sixth Street Specialty Lending's earnings history
.

How has Sixth Street Specialty Lending's stock price been impacted by COVID-19 (Coronavirus)?

Sixth Street Specialty Lending's stock was trading at $19.37 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TSLX shares have increased by 22.6% and is now trading at $23.74.
View which stocks have been most impacted by COVID-19
.

How often does Sixth Street Specialty Lending pay dividends? What is the dividend yield for Sixth Street Specialty Lending?

Sixth Street Specialty Lending declared a quarterly dividend on Thursday, August 5th. Stockholders of record on Wednesday, September 15th will be given a dividend of $0.41 per share on Friday, October 15th. This represents a $1.64 annualized dividend and a yield of 6.91%. The ex-dividend date of this dividend is Tuesday, September 14th.
View Sixth Street Specialty Lending's dividend history
.

Is Sixth Street Specialty Lending a good dividend stock?

Sixth Street Specialty Lending pays an annual dividend of $1.64 per share and currently has a dividend yield of 7.05%. TSLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Sixth Street Specialty Lending does not yet have a strong track record of dividend growth. The dividend payout ratio of Sixth Street Specialty Lending is 74.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Sixth Street Specialty Lending will have a dividend payout ratio of 79.61% in the coming year. This indicates that Sixth Street Specialty Lending may not be able to sustain their current dividend.
View Sixth Street Specialty Lending's dividend history.

What price target have analysts set for TSLX?

3 brokers have issued twelve-month target prices for Sixth Street Specialty Lending's shares. Their forecasts range from $23.00 to $23.50. On average, they anticipate Sixth Street Specialty Lending's stock price to reach $23.25 in the next twelve months. This suggests that the stock has a possible downside of 2.1%.
View analysts' price targets for Sixth Street Specialty Lending
or view top-rated stocks among Wall Street analysts.

Who are Sixth Street Specialty Lending's key executives?

Sixth Street Specialty Lending's management team includes the following people:
  • Joshua William Easterly, Chairman & Chief Executive Officer
  • Robert Stanley, President
  • Ian Simmonds, Secretary, Chief Financial & Compliance Officer
  • David Stiepleman, Director & Vice President
  • Michael Fishman, Director & Vice President

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

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).

What is Sixth Street Specialty Lending's stock symbol?

Sixth Street Specialty Lending trades on the New York Stock Exchange (NYSE) under the ticker symbol "TSLX."

Who are Sixth Street Specialty Lending's major shareholders?

Sixth Street Specialty Lending's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Strs Ohio (6.97%), Sound Income Strategies LLC (1.85%), LGT Capital Partners LTD. (0.48%), AJ Wealth Strategies LLC (0.41%), Baillie Gifford & Co. (0.31%) and Confluence Investment Management LLC (0.28%). Company insiders that own Sixth Street Specialty Lending stock include Hurley Doddy, John Ross, Joshua Easterly, Judy S Slotkin, Kenneth Joseph Burke, Richard A Higginbotham and Steven Pluss.
View institutional ownership trends for Sixth Street Specialty Lending
.

Which major investors are selling Sixth Street Specialty Lending stock?

TSLX stock was sold by a variety of institutional investors in the last quarter, including Sound Income Strategies LLC, LGT Capital Partners LTD., Jag Capital Management LLC, Avantax Advisory Services Inc., and FNY Investment Advisers LLC.
View insider buying and selling activity for Sixth Street Specialty Lending
or view top insider-selling stocks.

Which major investors are buying Sixth Street Specialty Lending stock?

TSLX stock was purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Strs Ohio, AJ Wealth Strategies LLC, IFP Advisors Inc, Total Clarity Wealth Management Inc., Confluence Investment Management LLC, Monument Capital Management, and Bruderman Asset Management LLC. Company insiders that have bought Sixth Street Specialty Lending stock in the last two years include Hurley Doddy, John Ross, Joshua Easterly, Judy S Slotkin, Kenneth Joseph Burke, Richard A Higginbotham, and Steven Pluss.
View insider buying and selling activity for Sixth Street Specialty Lending
or or view top insider-buying stocks.

How do I buy shares of Sixth Street Specialty Lending?

Shares of TSLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sixth Street Specialty Lending's stock price today?

One share of TSLX stock can currently be purchased for approximately $23.74.

How much money does Sixth Street Specialty Lending make?

Sixth Street Specialty Lending has a market capitalization of $1.73 billion and generates $270.04 million in revenue each year. The financial services provider earns $147 million in net income (profit) each year or $2.21 on an earnings per share basis.

What is Sixth Street Specialty Lending's official website?

The official website for Sixth Street Specialty Lending is www.tpgspecialtylending.com.

Where are Sixth Street Specialty Lending's headquarters?

Sixth Street Specialty Lending is headquartered at 2100 MCKINNEY AVENUE SUITE 1500, DALLAS TX, 75201.

How can I contact Sixth Street Specialty Lending?

Sixth Street Specialty Lending's mailing address is 2100 MCKINNEY AVENUE SUITE 1500, DALLAS TX, 75201. The financial services provider can be reached via phone at (212) 601-4700 or via email at [email protected].


This page was last updated on 10/24/2021 by MarketBeat.com Staff

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