TSLX Stock Overview
Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
Sixth Street Specialty Lending, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$21.69 |
| 52 Week High | US$22.35 |
| 52 Week Low | US$17.31 |
| Beta | 1.05 |
| 1 Month Change | 1.21% |
| 3 Month Change | 0.14% |
| 1 Year Change | 21.11% |
| 3 Year Change | -2.08% |
| 5 Year Change | 7.64% |
| Change since IPO | 35.56% |
Recent News & Updates
Sixth Street Specialty Lending: Still Thriving Despite The Headwinds
Mar 18Sixth Street Lending Q4: Smooth Sailing For This 10% Yielding BDC
Feb 21Sixth Street Specialty Lending: Trades At A Premium To Nav Due To High Quality
Feb 10Sixth Street Specialty Lending: 8% Yield And NAV/Share Growth
Jan 26Recent updates
Sixth Street Specialty Lending: Still Thriving Despite The Headwinds
Mar 18Sixth Street Lending Q4: Smooth Sailing For This 10% Yielding BDC
Feb 21Sixth Street Specialty Lending: Trades At A Premium To Nav Due To High Quality
Feb 10Sixth Street Specialty Lending: 8% Yield And NAV/Share Growth
Jan 26Switching Walk From Main Street Capital To Sixth Street Specialty Lending
Jan 08Sixth Street Specialty Lending: A Top BDC Selling At A Fair Price (Rating Downgrade)
Dec 15Sixth Street Specialty Lending: Outperforming, Strong Earnings
Nov 17Sixth Street Specialty Lending: The 9.2% Yield Is One To Hold
Oct 13Sixth Street Specialty Lending: Best Of Breed In BDC Space
Sep 04TSLX: The Golden Age Of Private Credit
Aug 23Sixth Street Specialty Lending: 10% Yield, Strong Q1 Earnings
Jul 28Sixth Street Specialty Lending: The 9.4% Dividend Yield Is Getting Fatter
Jul 21Sixth Street Specialty Lending: 9.7% Yield And Investment Grade Credit Rating
Jun 09TSLX: Another Quarter Of Outperformance For This 11.2% Yielding BDC
May 23Sixth Street Specialty Lending goes ex-dividend on Monday
Feb 24Sixth Street Specialty Lending raises base dividend by 2% to $0.46
Feb 1610%-Yielding Sixth Street Specialty Lending Is A Buy
Jan 20Sixth Street: You Can Still Get A 10% Yield On Your Purchase
Jan 09Sixth Street Specialty Lending: A 10%-Yielding Gift For Investors
Nov 02Sixth Street Specialty Lending: Buy This 8.6% Yield Before The Rebound
Aug 19Sixth Street Specialty Lending: A Solid BDC At The Right Price
Aug 10Sixth Street Specialty Lending, Inc. raises quarterly base dividend
Aug 03Sleep Well At Night With 8.0% Yielding Sixth Street
May 28Sixth Street Specialty Lending: Have Your Cake And Eat It Too
Mar 19Sixth Street Specialty Lending: Best-Of-Breed BDC With 7.2% Core Yield
Mar 10Sixth Street Specialty Lending: Safe High Yield For A Rich Retirement
Mar 02Buy This Inflation Resistant Dividend Monster: Sixth Street
Dec 19Sixth Street: An Excellent BDC That Gives You Stocking Stuffers
Dec 077.4% Yield Plus Bonus: Buy Sixth Street Specialty Lending
Sep 23Pound For Pound, Sixth Street Is One Of The Best BDCs Around
Jul 13Bag A 7.6% Yield With Sixth Street Specialty Lending
Jun 21Sixth Street Specialty Lending NII misses by $0.03, beats on total investment Income
May 04My Current Top BDC Pick: 7.9%-Yielding Sixth Street Specialty Lending
Dec 20Sixth Street Specialty Lending, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 05Shareholder Returns
| TSLX | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 2.4% | -2.6% | -0.7% |
| 1Y | 21.1% | 29.0% | 22.3% |
Return vs Industry: TSLX underperformed the US Capital Markets industry which returned 27.8% over the past year.
Return vs Market: TSLX underperformed the US Market which returned 22.8% over the past year.
Price Volatility
| TSLX volatility | |
|---|---|
| TSLX Average Weekly Movement | 2.3% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: TSLX has not had significant price volatility in the past 3 months.
Volatility Over Time: TSLX's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | n/a | Josh Easterly | www.sixthstreetspecialtylending.com |
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.
Sixth Street Specialty Lending, Inc. Fundamentals Summary
| TSLX fundamental statistics | |
|---|---|
| Market cap | US$1.99b |
| Earnings (TTM) | US$222.02m |
| Revenue (TTM) | US$438.09m |
9.0x
P/E Ratio4.5x
P/S RatioIs TSLX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TSLX income statement (TTM) | |
|---|---|
| Revenue | US$438.09m |
| Cost of Revenue | US$0 |
| Gross Profit | US$438.09m |
| Other Expenses | US$216.06m |
| Earnings | US$222.02m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 01, 2024
| Earnings per share (EPS) | 2.42 |
| Gross Margin | 100.00% |
| Net Profit Margin | 50.68% |
| Debt/Equity Ratio | 119.0% |
How did TSLX perform over the long term?
See historical performance and comparison