Financial Services -
Asset Management - NYSE - US
$ 19.58
-3.74 %
$ 1.83 B
Market Cap
9.65
P/E
1. INTRINSIC VALUE
Balance Sheet
Sixth Street Specialty Lending, Inc.
| Current Assets | 57.8 B |
| Cash & Short-Term Investments | 27.3 B |
| Receivables | 30.5 B |
| Other Current Assets | 0 |
| Non-Current Assets | 3.52 B |
| Long-Term Investments | 3.52 B |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 28.6 M |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 28.6 M |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Sixth Street Specialty Lending, Inc.
| Revenue | 473 B |
| Cost Of Revenue | 0 |
| Gross Profit | 473 B |
| Operating Expenses | 253 M |
| Operating Income | 460 B |
| Other Expenses | 460 B |
| Net Income | 187 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Sixth Street Specialty Lending, Inc.
| Net Income | 187 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 13.1 M |
| Others | -232 M |
| Free Cash Flow | -45.5 M |
Wall Street Analysts Price Targets
Sixth Street Specialty Lending, Inc.
TSLX has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
2.06%
DIVIDEND YIELD
0.46 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Sixth Street Specialty Lending, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
20.5 K USD 1
3-6 MONTHS
150 K USD 2
6-9 MONTHS
161 K USD 1
9-12 MONTHS
7. News
Sixth Street Specialty Lending: Time To Pull The Trigger And Buy (Rating Upgrade)
Sixth Street Specialty Lending offers a well-covered 9% dividend yield, with robust dividend coverage and supplemental dividends, making it attractive for passive income investors. The BDC's focus on first liens, which are the safest loans, provides portfolio and income stability, especially during economic uncertainties. Despite a high price-to-NAV ratio, TSLX's 9% yield is affordable, with potential for re-rating higher based on net investment income metrics.
seekingalpha.com
- 1 week ago
Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, April 30, 2025, after the market closes. TSLX invites all interested persons to its webcast / conference call on Thursday, May 1, 2025 at 8:30 a.m. Eastern Time to discuss its first quarter ended March 31, 2025 financial results. Conference Call Information: The conference call w.
businesswire.com
- 3 weeks ago
3 Rock-Solid Dividend Stocks Yielding Over 8%
High-yield dividend stocks are becoming even more compelling as market volatility increases.
247wallst.com
- 3 weeks ago
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!
seekingalpha.com
- 3 weeks ago
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.
seekingalpha.com
- 1 month ago
Sixth Street Specialty Lending: Improved Fundamentals But Expensive
TSLX offers a high dividend yield of 9.2%, supported by strong earnings and supplemental distributions, making it attractive for reliable income seekers. The portfolio is well-diversified with 94% in first lien senior secured debt, reducing risk and ensuring high repayment priority. Non-accrual rates have improved to 1.4%, indicating better portfolio quality compared to peers and strong management underwriting.
seekingalpha.com
- 1 month ago
An Important Warning For BDC Investors
Why BDCs may be entering a dangerous phase. Avoid these risks before it's too late. One BDC stands out as a safe bet, and is my top pick right now.
seekingalpha.com
- 1 month ago
9% Yields From Baby Bonds
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.
seekingalpha.com
- 1 month ago
Is the Options Market Predicting a Spike in Sixth Street Specialty Lending (TSLX) Stock?
Investors need to pay close attention to Sixth Street Specialty Lending (TSLX) stock based on the movements in the options market lately.
zacks.com
- 1 month ago
Sixth Street Specialty Lending, Inc. Prices Public Offering of $300.0 million 5.625% Unsecured Notes due 2030
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced an underwritten public offering of $300.0 million in aggregate principal amount of 5.625% notes due 2030. The notes will mature on August 15, 2030 and may be redeemed in whole or in part at TSLX's option at any time at par plus a “make-whole” premium, if applicable. TSLX expects to use the net proceeds of the offering to pay down outstanding debt under its rev.
businesswire.com
- 2 months ago
Sixth Street Specialty Lending, Inc. (TSLX) Q4 2024 Earnings Call Transcript
Sixth Street Specialty Lending, Inc. (NYSE:TSLX ) Q4 2024 Earnings Conference Call February 14, 2025 8:30 AM ET Company Participants Cami VanHorn - Head, Investor Relations Joshua Easterly - Chief Executive Officer Bo Stanley - President Ian Simmonds - Chief Financial Officer Conference Call Participants Finian O'Shea - Wells Fargo Securities Brian McKenna - Citizens JMP Mickey Schleien - Ladenburg Ken Lee - RBC Capital Markets Melissa Wedel - JPMorgan Robert Dodd - Raymond James Maxwell Fritscher - Truist Paul Johnson - KBW Operator Good morning, and welcome to Sixth Street Specialty Lending, Inc.'s Fourth Quarter and Fiscal Year Ended December 31, 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 2 months ago
Sixth St (TSLX) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Sixth St (TSLX) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 2 months ago
8. Profile
Summary
Sixth Street Specialty Lending, Inc. TSLX
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 1.83 B
Dividend Yield
2.06%
Description
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.
Contact
2100 McKinney Avenue, Dallas, TX, 75201
https://www.sixthstreetspecialtylending.com
IPO
Date
March 21, 2014
Employees
None
Officers
Mr. Robert Stanley
President
Ms. Cami VanHorn
Head of Investor Relations
Mr. Ian Timothy Simmonds
Chief Financial Officer
Ms. Jennifer E. Gordon J.D.
Vice President & Non-Independent Director
Mr. David Stiepleman J.D.
Vice President & Non-Independent Director
Mr. Joshua William Easterly
Chief Executive Officer & Chairman of the Board
Mr. Michael Graf CPA
Deputy Chief Financial Officer & Principal Accounting Officer
Mr. Anton Brett
Chief Compliance Officer & Secretary
Mr. Michael E. Fishman
Vice President & Non-Independent Director
Mr. Matthew Lillard
Principal