Sixth Street SpecialtyTSLX
TSLX
About: Sixth Street Specialty Lending Inc is a specialty finance company focused on providing flexible, fully committed financing solutions to middle market companies located in the United States of America. It partners with companies across a variety of industries and excel at providing creative solutions to companies with complex business models that may have limited access to capital. The company seeks to generate current income in U.S.-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities.
0
Funds holding %
of 7,363 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
144% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 16
29% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 56
10% more funds holding
Funds holding: 200 [Q3] → 219 (+19) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 7 (+0) [Q4]
4% less capital invested
Capital invested by funds: $928M [Q3] → $889M (-$39.1M) [Q4]
3.88% less ownership
Funds ownership: 48.55% [Q3] → 44.67% (-3.88%) [Q4]
39% less call options, than puts
Call options by funds: $740K | Put options by funds: $1.21M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$23
4%
upside
Avg. target
$24
7%
upside
High target
$25
13%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Kenneth Lee 54% 1-year accuracy 31 / 57 met price target | 13%upside $25 | Outperform Maintained | 26 Feb 2025 |
Truist Securities Mark Hughes 63% 1-year accuracy 38 / 60 met price target | 9%upside $24 | Buy Maintained | 18 Feb 2025 |
JP Morgan Richard Shane 60% 1-year accuracy 37 / 62 met price target | 4%upside $23 | Overweight Maintained | 18 Feb 2025 |
Keefe, Bruyette & Woods Paul Johnson 67% 1-year accuracy 8 / 12 met price target | 4%upside $23 | Outperform Maintained | 18 Feb 2025 |
Wells Fargo Finian O'Shea 54% 1-year accuracy 22 / 41 met price target | 4%upside $23 | Overweight Maintained | 29 Jan 2025 |
Financial journalist opinion
Based on 10 articles about TSLX published over the past 30 days
Negative
Seeking Alpha
4 days 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.
Neutral
Seeking Alpha
5 days 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.
Neutral
Seeking Alpha
1 week ago
8% Or Higher Yields Face Off
Six investments enter, six leave. This isn't a death match. All six have huge yields, but the valuations create some material differences. We've added three more baby bonds to our sector charts.
Neutral
CNBC Television
2 weeks ago
Trade Tracker: Jenny Harrington buys Sixth Street Lending and sells NNN Reit and Skyworks Solutions
Jenny Harrington, CEO Gilman Hill Asset Management, joins CNBC's "Halftime Report" to detail her latest portfolio moves.
Neutral
Zacks Investment Research
2 weeks 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.
Neutral
Business Wire
3 weeks 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.
Neutral
Seeking Alpha
3 weeks 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.
Positive
Zacks Investment Research
3 weeks 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.
Positive
Zacks Investment Research
3 weeks ago
Sixth Street (TSLX) Surpasses Q4 Earnings and Revenue Estimates
Sixth Street (TSLX) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.62 per share a year ago.
Neutral
Business Wire
3 weeks ago
Sixth Street Specialty Lending, Inc. Reports Full Year and Fourth Quarter 2024 Earnings Results; Declares a First Quarter Base Dividend Per Share of $0.46, and a Fourth Quarter Supplemental Dividend Per Share of $0.07
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported financial results for the full year and fourth quarter ended December 31, 2024. Please view a printable version of the 2024 Full Year and Fourth Quarter Results. Conference Call Information: A conference call to discuss the Company's financial results will be held at 8:30 a.m. Eastern Time on February 14, 2025. The conference call will be broadcast live in listen-only mode on the Invest.
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