Sixth Street Specialty Lending, Inc. (TSLX)

NYSE: TSLX · Real-Time Price · USD
17.32
-0.90 (-4.94%)
At close: Feb 27, 2026, 4:00 PM EST
17.45
+0.13 (0.75%)
After-hours: Feb 27, 2026, 7:49 PM EST
-4.94%
Market Cap 1.64B
Revenue (ttm) 449.06M
Net Income (ttm) 170.52M
Shares Out 94.71M
EPS (ttm) 1.81
PE Ratio 9.56
Forward PE 8.73
Dividend $2.05 (11.25%)
Ex-Dividend Date Mar 16, 2026
Volume 2,164,494
Open 17.95
Previous Close 18.22
Day's Range 17.28 - 18.04
52-Week Range 17.28 - 25.17
Beta 0.70
Analysts Buy
Price Target 22.44 (+29.56%)
Earnings Date Feb 12, 2026

About TSLX

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, growth capital, buyout, and refinancing. The fund invests in business services,... [Read more]

Sector Financials
IPO Date Mar 21, 2014
Country United States
Stock Exchange NYSE
Ticker Symbol TSLX
Full Company Profile

Financial Performance

In 2025, TSLX's revenue was $449.06 million, a decrease of -6.94% compared to the previous year's $482.53 million. Earnings were $170.52 million, a decrease of -8.60%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for TSLX stock is "Buy." The 12-month stock price target is $22.44, which is an increase of 29.56% from the latest price.

Price Target
$22.44
(29.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

2 BDCs To Buy For Stress-Free Retirement Cash Flow

The business development company, or BDC, sector faces aggressive bearish sentiment, with the market pricing in severe SaaS credit risks. Currently, we are definitely in a cyclical low, which could be...

4 hours ago - Seeking Alpha

65 January/February 2026 Top Dogs - Catch 47 Buys For March

I focus on 65 high-yield, cash flow-positive "Dividend Dogs" in articles posted in January and February, emphasizing safety and value based on free cash flow yield exceeding dividend yield. Analyst ta...

2 days ago - Seeking Alpha

Sixth Street Specialty Lending: Strong Value Despite Market Fears

Sixth Street Lending remains a buy for income investors despite recent net investment income and portfolio contraction. TSLX maintains strong dividend coverage, outperforming BDC peers like ARCC and O...

4 days ago - Seeking Alpha

Why BDC Dividend Cuts Matter Less Than You Think

System-wide BDC dividend cuts are highly likely as base dividend coverage averages 99% and growth is constrained. As a result, many BDC investors have decided to sit on the sidelines until the expecte...

4 days ago - Seeking Alpha

Sixth Street Specialty Lending: Alpha From Underwriting

Sixth Street Specialty Lending is a differentiated BDC focused on complex, senior secured lending, with strong underwriting and high portfolio yields. TSLX maintains a stable, well-covered dividend, s...

8 days ago - Seeking Alpha

Sixth Street Specialty Lending: The 9.6% Dividend Yield Could Be Attractive Against Low Nonaccruals Rate

Sixth Street Specialty Lending is paying out a 9.6% base dividend yield that was 115% covered by net investment income in its fourth quarter. The BDC is currently swapping hands at a 13.25% premium to...

9 days ago - Seeking Alpha

Sixth Street Specialty: Far From The Beginning Of The End

The past couple of months have provided a solid ground for the TSLX bears to claim victory. The fact that the BDC dropped by almost 5% on the day when the earnings got released easily adds fuel to the...

11 days ago - Seeking Alpha

Sixth Street Specialty Lending, Inc. (TSLX) Q4 2025 Earnings Call Transcript

Sixth Street Specialty Lending, Inc. (TSLX) Q4 2025 Earnings Call Transcript

14 days ago - Seeking Alpha

Sixth Street Specialty Lending, Inc. Reports Full Year and Fourth Quarter 2025 Earnings Results; Declares a First Quarter Base Dividend Per Share of $0.46, and a Fourth Quarter Supplemental Dividend Per Share of $0.01

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, 2025. Please vie...

15 days ago - Business Wire

Where the Risk Is in Software Lending

Software stocks are down sharply, but loan pricing has barely moved—leaving Morgan Stanley cautious, with BDCs the most exposed.

Other symbols: SAR
17 days ago - Barrons

2 BDC Value Creators For Durable NAV And High Income

2 BDC Value Creators For Durable NAV And High Income

26 days ago - Seeking Alpha

The More These High Yields Drop, The More I Buy

The market is pricing in a crisis that the data simply does not show. A misunderstood corner of credit is flashing rare value signals. The disconnect between headlines and fundamentals is growing fast...

5 weeks ago - Seeking Alpha

How I'm Taking Shelter From BDC Dividend Cut Storm

The BDC sector is slowly rebounding, but still faces looming dividend cuts as NII per share declines with lower base rates and spread compression. Average BDC base dividend coverage is 100%, and debt-...

Other symbols: BIZDCIONPBDCTRIN
5 weeks ago - Seeking Alpha

Sixth Street Specialty Lending: 1.06x Coverage, First Lien Focus, Strong Dividend

Sixth Street Lending offers robust dividend income, superior portfolio quality, and outperformance versus BDC rivals since its 2014 IPO. TSLX maintains 106% dividend coverage, has a low 0.6% non-accru...

6 weeks ago - Seeking Alpha

Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its Fourth Quarter and Fiscal Year Ended December 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 fourth quarter and fiscal year...

7 weeks ago - Business Wire

Sixth Street Specialty: Still Not A Buy, Here's Why

Sixth Street Specialty Lending, Inc. remains a Hold due to valuation and interest rate headwinds, despite strong portfolio quality. TSLX's high share of floating-rate debt (96.3%) now pressures yields...

2 months ago - Seeking Alpha

A Rare Buying Opportunity: Blue-Chip 11-12% Yields Too Cheap To Ignore

There is a major market disconnect in which there are blue-chip dividend payers offering 11%+ yields right now, despite posting strong fundamentals. I discuss why the market is bearish on these stocks...

3 months ago - Seeking Alpha

Don't Bury BDC Dividends Just Yet

The Fed's dovishness has been the key driver for the BDC sell-off. The idea is that lower interest rates should lead to lower dividends (i.e., BDCs cutting their dividend across the board). While it i...

3 months ago - Seeking Alpha

Sixth Street Specialty Lending: Q3 Earnings Indicate Continued Resilience

Sixth Street Specialty Lending remains resilient with stable NAV and strong dividend coverage, but trades at a 30% premium to NAV. TSLX's portfolio is defensively structured, with 93% in first lien lo...

4 months ago - Seeking Alpha

Sixth Street Specialty Lending, Inc. (TSLX) Q3 2025 Earnings Call Transcript

Sixth Street Specialty Lending, Inc. ( TSLX) Q3 2025 Earnings Call November 5, 2025 8:30 AM EST Company Participants Cami VanHorn Joshua Easterly - CEO & Chairman of the Board Robert Stanley - Presid...

4 months ago - Seeking Alpha

Sixth Street Specialty Lending, Inc. Provides a Letter to Stakeholders in Conjunction with its Third Quarter Earnings Results

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today sent the following letter to its stakeholders in conjunction with its third quarter ended September...

4 months ago - Business Wire

Sixth Street Specialty Lending, Inc. Appoints Robert Stanley as Co-Chief Executive Officer, Expands its Board of Directors and Elects Robert Stanley to the Board

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that President Robert (“Bo”) Stanley has been appointed as Co-Chief Executive Off...

4 months ago - Business Wire

Sixth Street Specialty Lending, Inc. Reports Third Quarter 2025 Earnings Results; Declares a Fourth Quarter Base Dividend Per Share of $0.46, and a Third Quarter Supplemental Dividend Per Share of $0.03

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported financial results for the third quarter ended September 30, 2025. Please view a printable ...

4 months ago - Business Wire

Sixth Street Specialty Lending: The Dip, 9.6% Dividend Yield, And Fat Premium

Sixth Street Specialty Lending offers a well-covered 9.6% dividend yield, supported by strong spillover income and prudent credit origination. TSLX maintains a high allocation to first-lien senior sec...

4 months ago - Seeking Alpha

The Riskiest BDCs Might Be The Ones You Trust

BDCs have recently suffered a significant downside volatility. There is indeed a justified reason for system-wide valuation adjustments. Yet, for some BDCs the market has gone too far, while for some ...

4 months ago - Seeking Alpha