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TSLX

Sixth Street Specialty Lending NYSE:TSLX Stock Report

Last Price

US$18.90

Market Cap

US$1.5b

7D

3.8%

1Y

-7.3%

Updated

07 Jun, 2023

Data

Company Financials +

Sixth Street Specialty Lending, Inc.

NYSE:TSLX Stock Report

Mkt Cap: US$1.5b

TSLX Stock Overview

Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company.

TSLX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance1/6
Financial Health2/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Sixth Street Specialty Lending, Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Sixth Street Specialty Lending
Historical stock prices
Current Share PriceUS$18.90
52 Week HighUS$20.71
52 Week LowUS$16.03
Beta1.08
1 Month Change3.62%
3 Month Change3.79%
1 Year Change-7.31%
3 Year Change0.69%
5 Year Change4.07%
Change since IPO18.13%

Recent News & Updates

TSLX: Another Quarter Of Outperformance For This 11.2% Yielding BDC

May 23

Sixth Street Specialty Lending goes ex-dividend on Monday

Feb 24

Sixth Street Specialty Lending raises base dividend by 2% to $0.46

Feb 16

10%-Yielding Sixth Street Specialty Lending Is A Buy

Jan 20

Recent updates

TSLX: Another Quarter Of Outperformance For This 11.2% Yielding BDC

May 23

Sixth Street Specialty Lending goes ex-dividend on Monday

Feb 24

Sixth Street Specialty Lending raises base dividend by 2% to $0.46

Feb 16

10%-Yielding Sixth Street Specialty Lending Is A Buy

Jan 20

Sixth Street: You Can Still Get A 10% Yield On Your Purchase

Jan 09

Sixth Street Specialty Lending: A 10%-Yielding Gift For Investors

Nov 02

Sixth Street Specialty Lending: Buy This 8.6% Yield Before The Rebound

Aug 19

Sixth Street Specialty Lending: A Solid BDC At The Right Price

Aug 10

Sixth Street Specialty Lending, Inc. raises quarterly base dividend

Aug 03

Sleep Well At Night With 8.0% Yielding Sixth Street

May 28

Sixth Street Specialty Lending: Have Your Cake And Eat It Too

Mar 19

Sixth Street Specialty Lending: Best-Of-Breed BDC With 7.2% Core Yield

Mar 10

Sixth Street Specialty Lending: Safe High Yield For A Rich Retirement

Mar 02

Buy This Inflation Resistant Dividend Monster: Sixth Street

Dec 19

Sixth Street: An Excellent BDC That Gives You Stocking Stuffers

Dec 07

7.4% Yield Plus Bonus: Buy Sixth Street Specialty Lending

Sep 23

Pound For Pound, Sixth Street Is One Of The Best BDCs Around

Jul 13

Bag A 7.6% Yield With Sixth Street Specialty Lending

Jun 21

Sixth Street Specialty Lending NII misses by $0.03, beats on total investment Income

May 04

My Current Top BDC Pick: 7.9%-Yielding Sixth Street Specialty Lending

Dec 20

Sixth Street Specialty Lending, Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 05

Shareholder Returns

TSLXUS Capital MarketsUS Market
7D3.8%2.5%2.5%
1Y-7.3%-3.4%1.3%

Return vs Industry: TSLX underperformed the US Capital Markets industry which returned -3.4% over the past year.

Return vs Market: TSLX underperformed the US Market which returned 1.3% over the past year.

Price Volatility

Is TSLX's price volatile compared to industry and market?
TSLX volatility
TSLX Average Weekly Movement3.2%
Capital Markets Industry Average Movement0.9%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: TSLX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: TSLX's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010n/aJosh Easterlyhttps://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

How do Sixth Street Specialty Lending's earnings and revenue compare to its market cap?
TSLX fundamental statistics
Market CapUS$1.54b
Earnings (TTM)US$120.12m
Revenue (TTM)US$338.38m

12.9x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TSLX income statement (TTM)
RevenueUS$338.38m
Cost of RevenueUS$0
Gross ProfitUS$338.38m
Other ExpensesUS$218.26m
EarningsUS$120.12m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.47
Gross Margin100.00%
Net Profit Margin35.50%
Debt/Equity Ratio115.3%

How did TSLX perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

121%

Payout Ratio

Does TSLX pay a reliable dividends?

See TSLX dividend history and benchmarks
When do you need to buy TSLX by to receive an upcoming dividend?
Sixth Street Specialty Lending dividend dates
Ex Dividend DateJun 14 2023
Dividend Pay DateJun 30 2023
Days until Ex dividend6 days
Days until Dividend pay date22 days

Does TSLX pay a reliable dividends?

See TSLX dividend history and benchmarks