B. Riley Begins Coverage on Sixth Street Specialty Lending (NYSE:TSLX)

B. Riley started coverage on shares of Sixth Street Specialty Lending (NYSE:TSLX) in a research report sent to investors on Tuesday, MarketBeat Ratings reports. The brokerage issued a buy rating and a $23.00 price target on the financial services provider’s stock. B. Riley also issued estimates for Sixth Street Specialty Lending’s Q2 2025 earnings at $0.54 EPS, Q3 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.53 EPS, FY2025 earnings at $2.10 EPS, Q1 2026 earnings at $0.49 EPS, Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.52 EPS and FY2026 earnings at $2.01 EPS.

Other analysts have also recently issued reports about the stock. Truist Financial lifted their price objective on shares of Sixth Street Specialty Lending from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. JPMorgan Chase & Co. lowered their price target on shares of Sixth Street Specialty Lending from $23.00 to $21.50 and set an “overweight” rating on the stock in a report on Thursday, April 24th. LADENBURG THALM/SH SH downgraded shares of Sixth Street Specialty Lending from a “buy” rating to a “neutral” rating in a report on Friday, February 14th. Raymond James lowered their price target on shares of Sixth Street Specialty Lending from $24.00 to $23.00 and set an “outperform” rating on the stock in a report on Friday, May 2nd. Finally, Wells Fargo & Company lowered their price target on shares of Sixth Street Specialty Lending from $23.00 to $22.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $22.81.

Sixth Street Specialty Lending Stock Down 0.4%

NYSE:TSLX opened at $22.31 on Tuesday. The company has a market cap of $2.10 billion, a PE ratio of 10.99 and a beta of 0.82. Sixth Street Specialty Lending has a twelve month low of $18.58 and a twelve month high of $23.67. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.18. The company’s 50 day moving average is $21.22 and its two-hundred day moving average is $21.44.

Sixth Street Specialty Lending (NYSE:TSLX) last released its earnings results on Wednesday, April 30th. The financial services provider reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.02. Sixth Street Specialty Lending had a net margin of 38.67% and a return on equity of 13.47%. The company had revenue of $113.92 billion for the quarter, compared to the consensus estimate of $116.70 million. During the same quarter in the previous year, the firm earned $0.52 EPS. Analysts anticipate that Sixth Street Specialty Lending will post 2.19 EPS for the current year.

Sixth Street Specialty Lending Announces Dividend

The company also recently declared a — dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a yield of 8.9%. Sixth Street Specialty Lending’s dividend payout ratio is currently 97.35%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TSLX. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Sixth Street Specialty Lending during the 1st quarter worth approximately $201,000. FJ Capital Management LLC purchased a new stake in shares of Sixth Street Specialty Lending during the 1st quarter worth approximately $804,000. Royal Bank of Canada lifted its position in shares of Sixth Street Specialty Lending by 8.0% during the 1st quarter. Royal Bank of Canada now owns 124,241 shares of the financial services provider’s stock worth $2,780,000 after buying an additional 9,230 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ purchased a new stake in shares of Sixth Street Specialty Lending during the 1st quarter worth approximately $362,000. Finally, Truvestments Capital LLC lifted its position in shares of Sixth Street Specialty Lending by 53.7% during the 1st quarter. Truvestments Capital LLC now owns 195,348 shares of the financial services provider’s stock worth $4,372,000 after buying an additional 68,283 shares during the last quarter. Hedge funds and other institutional investors own 70.25% of the company’s stock.

Sixth Street Specialty Lending Company Profile

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.