Sixth Street Specialty Lending stock analysis
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Sixth Street Specialty Lending (TSLX) Stock Price & Analysis
TSLX Stock Chart & Stats
- Day’s Range
- $17.50 - $17.74
- 52-Week Range
- $16.04 - $22.84
- Previous Close
- $17.56
- Volume
- N/A
- Average Volume (3M)
- 517.41K
- Market Cap
- $1.68B
- Enterprise Value
- $3.55B
- Total Cash (Recent Filing)
- $40.50M
- Total Debt (Recent Filing)
- $1.87B
- Price to Earnings (P/E)
- 21.0
- Beta
- 0.67
- Next Earnings
- Feb 18, 2027 (Est.)
- EPS Estimate
- 0.45
- Next Dividend Ex-Date
- Nov 30, 2026
- Dividend Yield
- 10.20%
Bulls Say, Bears Say
Bulls Say
Dividend Coverage
Net investment income exceeding the base dividend indicates that recurring portfolio earnings currently support the core distribution. Continued coverage, together with a supplemental dividend, strengthens income reliability and provides some capacity to absorb changes in portfolio yields or credit outcomes.
Credit Quality
Stable credit performance and growth among core borrowers support the durability of interest income and reduce immediate loss risk. The absence of new nonaccruals, alongside borrower expansion, suggests underwriting and portfolio diversification are currently functioning effectively.
Liquidity And Maturities
Substantial available capacity and a limited near-term refinancing schedule give TSLX financial flexibility to fund attractive opportunities and manage repayments. This liquidity profile can help the company withstand uneven origination markets without relying on immediate capital-market access.
Bears Say
Weak Recent Cash Flow
The sharp trailing-period deterioration raises concern about how consistently reported earnings are converting into cash. If sustained, weaker cash generation could constrain distributions, reduce flexibility for new investments, and make funding conditions more important to ongoing portfolio growth.
Meaningful Leverage
Leverage is integral to the BDC model but magnifies sensitivity to borrower losses, funding costs, and asset values. The reported debt relative to equity leaves less room for adverse credit conditions and can pressure returns or capital allocation if portfolio performance weakens.
Watch-List And Nonaccrual Risk
Higher watch-list exposure signals that a larger portion of the portfolio faces elevated monitoring or potential covenant pressure, even though borrowers were paying as agreed. Existing nonaccrual investments further show that credit losses remain a structural risk to NAV and earnings.
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Sixth Street Specialty Lending Stock Smart Score
Company Description
Sixth Street Specialty Lending
Sixth Street Specialty Lending, Inc. (TSLX) functions as a specialized Business Development Company. It provides a wide array of financing solutions, including various forms of debt such as senior secured loans (encompassing first-lien, second-lien, and unitranche facilities), unsecured loans, and mezzanine debt. The firm also strategically allocates capital to corporate bonds, equity securities, structured products, non-control structured equity, and common equity, frequently engaging in co-investments. These financial commitments primarily aim to facilitate corporate endeavors like organic expansion, strategic acquisitions, market or product diversification, restructuring initiatives, recapitalizations, and refinancing. Its investment focus covers a broad range of sectors, including business services, software and technology, healthcare, energy, consumer and retail, manufacturing, industrials, royalty-generating enterprises, education, and specialty finance. The company primarily targets middle-market companies, with a strong emphasis on those situated within the United States. Prospective portfolio companies typically exhibit an enterprise value between $50 million and more than $1 billion, alongside EBITDA figures ranging from $10 million to $250 million. Individual transaction sizes generally range from $15 million to $350 million. Sixth Street Specialty Lending is adept at investing across the entire capital structure, possesses the capacity to arrange syndicated transactions totaling up to $500 million, and can maintain significant ownership stakes within its credit exposures.
- Sector
- Financial
- Industry
- Asset Management
- CEO
- Robert J. Stanley
- Employees
- 0
- Website
- www.sixthstreetspecialtylending.com
- Address
- 2100 McKinney Avenue, Dallas, TX, 75201, US
Sixth Street Specialty Lending (TSLX) Earnings & Revenues
TSLX Company Deck
TSLX Earnings Call
Earnings Call SentimentPositive
The call was broadly constructive. Management reported earnings above the base dividend, sequential net investment income growth, higher portfolio yields, strong liquidity, stable overall credit quality, and attractive lower-leverage upper-middle-market opportunities. These positives were partly offset by subdued M&A activity, longer private-equity hold periods, a decline in NAV, the PriceSpider restructuring, higher watch-list exposure, moderated EBITDA growth, and lower spreads on new investments.
View all TSLX earnings summariesTSLX Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 10 | 5 | 7 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 7 | 0 | 5 |














