Sixth Street Specialty Lending: Time To Stop Buying (Rating Downgrade)
Sixth Street Specialty remains a top BDC player for its defensive portfolio, strong diversification, and reliable dividend coverage, consistently delivering solid total returns. The company's NAV per share continues to grow, and dividend coverage is robust, even as the sector focus shifts from credit quality to dividend sustainability. Lower interest rates have reduced income potential, but improved credit quality and the potential for increased deal flow partially offset the negatives.
Sixth Street Specialty Lending, Inc. (TSLX) Q2 2025 Earnings Call Transcript
Sixth Street Specialty Lending, Inc. (NYSE:TSLX ) Q2 2025 Earnings Conference Call July 31, 2025 8:30 AM ET Company Participants Cami Senatore - Head of Investor Relations Ian Timothy Simmonds - Chief Financial Officer Joshua William Easterly - CEO & Chairman of the Board Robert Stanley - President Conference Call Participants Arren Saul Cyganovich - Truist Securities, Inc., Research Division Brian J. Mckenna - Citizens JMP Securities, LLC, Research Division Finian Patrick O'Shea - Wells Fargo Securities, LLC, Research Division Kenneth S.
Sixth St (TSLX) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Sixth St (TSLX) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Sixth Street (TSLX) Beats Q2 Earnings and Revenue Estimates
Sixth Street (TSLX) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.58 per share a year ago.
Sixth Street Specialty Lending: Strong Dividend Coverage But Trades At A Premium
TSLX offers a strong 8.9% dividend yield with robust coverage, making it appealing for income-focused investors despite sector headwinds. The portfolio is well-diversified, with 93% in first lien senior secured loans and 97% floating rate, benefiting from higher interest rates. NAV has slightly declined, and new investment activity is slow, limiting near-term growth potential and justifying a hold rating at current premium valuations.
Sixth Street Specialty Lending, Inc. (TSLX) Q1 2025 Earnings Call Transcript
Sixth Street Specialty Lending, Inc. (NYSE:TSLX ) Q1 2025 Results Conference Call May 1, 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 Finn O'Shea - Wells Fargo Brian McKenna - Citizens Mickey Schleien - Ladenburg Kenneth Lee - RBC Capital Markets Sean Paul Adams - Value Securities Maxwell Fritscher - Truist Melissa Wedel - JPMorgan Robert Dodd - Raymond James Paul Johnson - KBW Operator Good day, and thank you for standing by. Welcome to the Sixth Street Specialty Lending, Inc. First Quarter 2025 Earnings Conference Call.
Sixth St (TSLX) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Sixth St (TSLX) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Sixth Street (TSLX) Q1 Earnings Top Estimates
Sixth Street (TSLX) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.58 per share a year ago.
Sixth Street Specialty Lending: A Quality Dividend Powerhouse For Long-Term Investors
Sixth Street Specialty Lending provides investors with a 10% dividend yield and low volatility, which makes it suitable for defensive income-focused portfolios that require stable cash flows. The company maintains stable stock performance, solid financials and prudent leverage which supports its ability to continue dividend payments even though it trades at a premium to NAV. The recent price pullback presents an attractive entry point, with potential gains of nearly 18% and a solid risk/reward balance.
Sixth St (TSLX) Soars 6.4%: Is Further Upside Left in the Stock?
Sixth St (TSLX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Sixth Street Specialty Lending: Time To Pull The Trigger And Buy (Rating Upgrade)
Sixth Street Specialty Lending offers a well-covered 9% dividend yield, with robust dividend coverage and supplemental dividends, making it attractive for passive income investors. The BDC's focus on first liens, which are the safest loans, provides portfolio and income stability, especially during economic uncertainties. Despite a high price-to-NAV ratio, TSLX's 9% yield is affordable, with potential for re-rating higher based on net investment income metrics.
Sixth Street Specialty Lending: Improved Fundamentals But Expensive
TSLX offers a high dividend yield of 9.2%, supported by strong earnings and supplemental distributions, making it attractive for reliable income seekers. The portfolio is well-diversified with 94% in first lien senior secured debt, reducing risk and ensuring high repayment priority. Non-accrual rates have improved to 1.4%, indicating better portfolio quality compared to peers and strong management underwriting.
