Sixth Street Specialty Lending, Inc.
Sixth Street Specialty Lending, Inc.
Your view on TSLX
Overview
What the company does, where it operates, and who runs it.
About Sixth Street Specialty Lending, Inc.
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- Joshua William Easterly
- Headquarters
- 2100 McKinney Avenue, Dallas, TX, US
- Industry
- Asset Management
- Sector
- Financial Services
- CEO
- Joshua William Easterly
- Headquarters
- 2100 McKinney Avenue, Dallas, TX, US
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.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Sixth Street Specialty Lending, Inc., and the rating behind it. TSLX last traded at $18.01, 19.0× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Sixth Street Specialty Lending, Inc.. Starting points for Sixth Street Specialty Lending, Inc.: P/E 19.0, EPS $0.94, beta 0.65 — an Asset Management name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Sixth Street Specialty Lending, Inc.. Sixth Street Specialty Lending, Inc. paid $1.80 per share over the last year — a 10.0% yield at the current $18.01 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Sixth Street Specialty Lending, Inc.. Trailing twelve-month EPS for Sixth Street Specialty Lending, Inc. stands at $0.94. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Sixth Street Specialty Lending, Inc.. Sixth Street Specialty Lending, Inc. has reported as a listed company since 2014. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Sixth Street Specialty Lending, Inc. valued side by side against its closest peers. Sixth Street Specialty Lending, Inc. is measured against Asset Management peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Sixth Street Specialty Lending, Inc., and how their positions are changing. At a $1.71B market value, institutional positions materially move Sixth Street Specialty Lending, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Sixth Street Specialty Lending, Inc. executives and directors. Shares of Sixth Street Specialty Lending, Inc. have traded between $18.58 and $25.17 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Sixth Street Specialty Lending, Inc.. Sixth Street Specialty Lending, Inc. is a $1.71B Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Sixth Street Specialty Lending, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Sixth Street Specialty Lending, Inc.. Coverage tracks Sixth Street Specialty Lending, Inc. within Asset Management (Financial Services). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.