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NYSE:TSLX

Sixth Street Specialty Lending - TSLX Stock Forecast, Price & News

$18.70
-0.44 (-2.30%)
(As of 11/28/2022 12:00 AM ET)
Add
Compare
Today's Range
$18.60
$19.13
50-Day Range
$16.13
$19.14
52-Week Range
$16.02
$24.36
Volume
613,427 shs
Average Volume
393,345 shs
Market Capitalization
$1.51 billion
P/E Ratio
13.75
Dividend Yield
8.78%
Price Target
$20.50

Sixth Street Specialty Lending MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
9.6% Upside
$20.50 Price Target
Short Interest
Healthy
1.23% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
13.78%
From $1.96 to $2.23 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Finance Sector

706th out of 894 stocks

Investors, Not Elsewhere Classified Industry

8th out of 13 stocks

TSLX stock logo

About Sixth Street Specialty Lending (NYSE:TSLX) Stock

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.

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TSLX Stock News Headlines

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TSLX Company Calendar

Last Earnings
8/03/2021
Ex-Dividend for 9/30 Dividend
9/14/2022
Dividend Payable
9/30/2022
Today
11/28/2022
Ex-Dividend for 12/30 Dividend
12/14/2022
Dividend Payable
12/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/16/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$20.50
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+9.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$142.36 million
Pretax Margin
56.01%

Debt

Sales & Book Value

Annual Sales
$278.59 million
Cash Flow
$1.89 per share
Book Value
$17.45 per share

Miscellaneous

Free Float
77,825,000
Market Cap
$1.51 billion
Optionable
Optionable
Beta
1.07

Key Executives

  • Mr. Joshua EasterlyMr. Joshua Easterly (Age 46)
    CEO & Chairman
  • Mr. Robert Stanley (Age 47)
    Pres
  • Mr. Ian SimmondsMr. Ian Simmonds (Age 50)
    CFO & Sec.
  • Ms. Cami VanHorn
    Head of Investor Relations
  • Mr. Anton Brett
    Chief Compliance Officer, Sec. of the Company & VP
  • Mr. David Stiepleman (Age 50)
    VP & Director
  • Mr. Michael E. Fishman (Age 59)
    VP & Director
  • Ms. Jennifer E. Gordon J.D. (Age 46)
    VP & Director
  • Mr. Michael Graf CPA (Age 40)
    VP & Deputy Chief Financial Officer
  • Mr. Steven Sam Pluss (Age 59)
    VP













TSLX Stock - Frequently Asked Questions

Should I buy or sell Sixth Street Specialty Lending stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sixth Street Specialty Lending in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TSLX shares.
View TSLX analyst ratings
or view top-rated stocks.

What is Sixth Street Specialty Lending's stock price forecast for 2023?

3 analysts have issued 12 month price targets for Sixth Street Specialty Lending's shares. Their TSLX share price forecasts range from $19.00 to $22.00. On average, they anticipate the company's stock price to reach $20.50 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price.
View analysts price targets for TSLX
or view top-rated stocks among Wall Street analysts.

How have TSLX shares performed in 2022?

Sixth Street Specialty Lending's stock was trading at $23.39 on January 1st, 2022. Since then, TSLX stock has decreased by 18.2% and is now trading at $19.14.
View the best growth stocks for 2022 here
.

Are investors shorting Sixth Street Specialty Lending?

Sixth Street Specialty Lending saw a increase in short interest in October. As of October 15th, there was short interest totaling 1,200,000 shares, an increase of 16.5% from the September 30th total of 1,030,000 shares. Based on an average daily trading volume, of 490,800 shares, the short-interest ratio is presently 2.4 days.
View Sixth Street Specialty Lending's Short Interest
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our TSLX earnings forecast
.

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

Sixth Street Specialty Lending, Inc. (NYSE:TSLX) announced its quarterly earnings data on Tuesday, August, 3rd. The financial services provider reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.12. The financial services provider had revenue of $62.83 million for the quarter, compared to the consensus estimate of $65.34 million. Sixth Street Specialty Lending had a trailing twelve-month return on equity of 12.58% and a net margin of 36.04%.

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 Tuesday, November 1st. Investors of record on Thursday, December 15th will be paid a dividend of $0.45 per share on Friday, December 30th. This represents a $1.80 annualized dividend and a yield of 9.40%. The ex-dividend date is Wednesday, December 14th. This is a boost from the stock's previous quarterly dividend of $0.42.
Read our dividend analysis for TSLX
.

Is Sixth Street Specialty Lending a good dividend stock?

Sixth Street Specialty Lending (NYSE:TSLX) pays an annual dividend of $1.68 per share and currently has a dividend yield of 8.78%. TSLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 123.53%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TSLX will have a dividend payout ratio of 75.34% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TSLX.

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 institutional and retail investors. Top institutional shareholders include Strs Ohio (3.37%), Progeny 3 Inc. (1.91%), Sound Income Strategies LLC (1.87%), Burgundy Asset Management Ltd. (1.29%), Van ECK Associates Corp (1.26%) and Cliffwater LLC (1.08%). Insiders that own company stock include Anton Brett, Hurley Doddy, Ian Simmonds, Jennifer Gordon, John Ross, Joshua Easterly, Judy S Slotkin, Kenneth Joseph Burke, Richard A Higginbotham and Steven Pluss.
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 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 $19.14.

How much money does Sixth Street Specialty Lending make?

Sixth Street Specialty Lending (NYSE:TSLX) has a market capitalization of $1.55 billion and generates $278.59 million in revenue each year. The financial services provider earns $142.36 million in net income (profit) each year or $1.36 on an earnings per share basis.

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 official website for the company is www.tpgspecialtylending.com. The financial services provider can be reached via phone at (212) 601-4700, via email at irtsl@tpg.com, or via fax at 469-621-3002.

This page (NYSE:TSLX) was last updated on 11/28/2022 by MarketBeat.com Staff