TSLX

Sixth Street Specialty Lending Inc

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23.940

-0.1(-0.416%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

24.090

Open

24.070

VWAP

24.05

Vol

97.01K

Mkt Cap

2.27B

Low

23.890

Amount

2.33M

EV/EBITDA(TTM)

11.84

Total Shares

92.72M

3.95B

EV/OCF(TTM)

16.62

P/S(TTM)

5.07

Sixth Street Specialty Lending, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income primarily in United States domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine loans and investments in corporate bonds, equity securities and other instruments. It invests in first-lien debt, second-lien debt, mezzanine and unsecured debt and equity and other investments. Its first-lien debt may include stand-alone first-lien loans; last out first-lien loans, which are loans that have a secondary priority behind super-senior first out first-lien loans; unitranche loans, which are loans that combine features of first-lien, second-lien and mezzanine debt, generally in a first-lien position, and secured corporate bonds with similar features to these categories of first-lien loans. It is managed by Sixth Street Specialty Lending Advisers, LLC.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2024Q4

FY2025Q1

FY2025Q2

119.06M

-0.37%

0.571

-7.91%

116.70M

-0.92%

0.554

-5.87%

110.42M

-9.35%

0.528

-9.02%

Estimates Revision

The market is revising No Change the revenue expectations for Sixth Street Specialty Lending, Inc. (TSLX) for FY2024, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 9.77%.

Revenue Estimates for FY2024

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2024

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+9.77%

In Past 3 Month

8 Analyst Rating

1.29% Upside

Wall Street analysts forecast TSLX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSLX is 24.25 USD with a low forecast of 23.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

8 Buy

0 Hold

0 Sell

Strong Buy

1.29% Upside

Current: 23.940

Low

23.00

Averages

24.25

High

25.00

1.29% Upside

Current: 23.940

Low

23.00

Averages

24.25

High

25.00

Citizens JMP

Outperform

maintain

$24 -> $25

2025-08-06

New

Reason

Citizens JMP

Price Target

$24 -> $25

2025-08-06

New

maintain

Outperform

Reason

Citizens JMP raised the firm's price target on Sixth Street to $25 from $24 and keeps an Outperform rating on the shares. Sixth Street delivered impressive results, most notably the 15% GAAP net interest return on equity, the analyst tells investors in a research note. Citizens says Sixth Street remains a stock to own through the cycle, given its ability to deliver differentiated performance and industry-leading ROEs in any and all market environments.

B. Riley

Buy

upgrade

$23

2025-08-01

Reason

B. Riley

Price Target

$23

2025-08-01

upgrade

Buy

Reason

B. Riley raised the firm's price target on Sixth Street to $24.50 from $23 and keeps a Buy rating on the shares. The firm upped the target post the Q2 report and believes Sixth Street is the best-positioned business development company thorough fiscal 2026.

BofA

Derek Hewett

Buy

maintain

$23

2025-06-01

Reason

BofA

Derek Hewett

Price Target

$23

2025-06-01

maintain

Buy

Reason

BofA analyst Derek Hewett raised the firm's price target on Sixth Street to $24.50 from $23 and keeps a Buy rating on the shares. The Q1 results for the business development companies were "somewhat disappointing," with profitability weaker than expected as lower rates and spreads, tariff-related macro uncertainty, and normalizing credit weighted on reports, the analyst tells investors in a research note. However, there was only as small uptick in non-accruals to 2.9%, which remain well below the industry longer-term average, adds BofA. It remains positive on the sector.

B. Riley

Sean-Paul Adams

Neutral -> Buy

upgrade

$22 -> $23

2025-05-13

Reason

B. Riley

Sean-Paul Adams

Price Target

$22 -> $23

2025-05-13

upgrade

Neutral -> Buy

Reason

B. Riley analyst Sean-Paul Adams upgraded Sixth Street to Buy from Neutral with a price target of $23, up from $22, following a transfer in coverage. The firm transferred coverage of the business development companies. While credit trends remain broadly stable across most portfolios and dividend coverage "appears supported," tighter spreads, lower prepayment activity, and "tapered" forecasts of origination activity are weighing modestly on near-term earnings visibility, the analyst tells investors in a research note. The firm's Buy ratings reflect "differentiated" origination strategies, favorable returns on equity, and stable-to-improving portfolio metrics. Riley names Trinity Capital (TRIN), Sixth Street Specialty Lending (TSLX), and Blue Owl Capital (OBDC) its top BDC ideas.

RBC Capital

Kenneth Lee

Buy

Maintains

$23 → $25

2025-02-26

Reason

RBC Capital

Kenneth Lee

Price Target

$23 → $25

2025-02-26

Maintains

Buy

Reason

Keefe, Bruyette & Woods

Paul Johnson

Buy

Maintains

$22 → $23

2025-02-18

Reason

Keefe, Bruyette & Woods

Paul Johnson

Price Target

$22 → $23

2025-02-18

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Sixth Street Specialty Lending Inc (TSLX.N) is 10.50, compared to its 5-year average forward P/E of 9.64. For a more detailed relative valuation and DCF analysis to assess Sixth Street Specialty Lending Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

9.64

Current PE

10.50

Overvalued PE

10.86

Undervalued PE

8.42

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

4.63

Current PS

4.71

Overvalued PS

5.51

Undervalued PS

3.74

Financials

Annual

Quarterly

FY2025Q2

YoY :

+7.98%

123.18M

Total Revenue

FY2025Q2

YoY :

+7.23%

93.05M

Operating Profit

FY2025Q2

YoY :

+24.48%

59.00M

Net Income after Tax

FY2025Q2

YoY :

+23.53%

0.63

EPS - Diluted

FY2025Q2

YoY :

+0.23%

99.27

Gross Profit Margin - %

FY2025Q2

YoY :

+15.28%

47.90

Net Margin - %

FY2025Q2

YoY :

-11.13%

8.70

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

20.5K

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

183.1K

Volume

6-9

Months

0.0

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

62.3K

Volume

Months

6-9

137.9K

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

20.5K

USD

Months

TSLX News & Events

Events Timeline

2024-11-05 (ET)

2024-11-05

15:11:03

Sixth Street declares Q3 supplemental dividend of 5c per share

2024-11-05

15:09:20

Sixth Street reports Q3 NII 59c, consensus 57c

2024-08-28 (ET)

2024-08-28

14:19:48

NFL owners vote to allow PE investment in franchises, Washington Post says

News

8.0

08-04SeekingAlpha

Sixth Street Specialty Lending declares $0.46 dividend, supplemental dividend of $0.05

7.0

08-01SeekingAlpha

Sixth Street Specialty Lending signals robust dividend coverage and anticipates sustained earnings above base levels amid stabilized credit environment

4.5

07-07NASDAQ.COM

Monday's ETF with Unusual Volume: FBDC