Sixth Street Specialty Lending (TSLX) to Announce Earnings on Tuesday

Sixth Street Specialty Lending (NYSE:TSLX) is scheduled to post its quarterly earnings results after the market closes on Tuesday, November 5th. Analysts expect Sixth Street Specialty Lending to post earnings of $0.57 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Sixth Street Specialty Lending Stock Performance

Shares of NYSE TSLX opened at $20.26 on Monday. Sixth Street Specialty Lending has a 12 month low of $19.50 and a 12 month high of $22.35. The company has a market cap of $1.88 billion, a P/E ratio of 8.58 and a beta of 1.06. The business’s 50 day moving average is $20.74 and its two-hundred day moving average is $21.09. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 1.07.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $23.00 price objective on shares of Sixth Street Specialty Lending in a research report on Thursday, August 15th. Wells Fargo & Company cut their target price on Sixth Street Specialty Lending from $22.00 to $21.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $22.42.

About Sixth Street Specialty Lending

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.