How to Buy Sixth Street Specialty Lending Stock
Sixth Street Specialty Lending Inc
Sixth Street Specialty Lending is a asset management company located in Texas, United States, which is part of the Financial Services sector, and is traded under the ticker TSLX on the NYSE exchange.
Sixth Street Specialty Lending stock last closed at $20.01, down 2.06% from the previous day, and has decreased 6.19% in one year. It has overperformed other stocks in the Asset Management industry by 0.06 percentage points. Sixth Street Specialty Lending stock is currently +7.7% from its 52-week low of $18.58, and -15.46% from its 52-week high of $23.67.
As of Apr 21, 2025, there are 93.66M shares of TSLX outstanding. The market value of TSLX is $1.87B. In the last 24 hours, 444,217 TSLX shares were traded.
How to Buy Sixth Street Specialty Lending Stock
Wondering how to invest in Sixth Street Specialty Lending stock? Here's how.
- Decide where to buy Sixth Street Specialty Lending stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Sixth Street Specialty Lending stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your method of payment and add your info.
- Research Sixth Street Specialty Lending stock: The Sixth Street Specialty Lending ticker symbol is TSLX. Is Sixth Street Specialty Lending stock a good investment? Should you buy shares of TSLX? How do TSLX's underlying business fundamentals look? Do top analysts think Sixth Street Specialty Lending is a good buy? Why has TSLX's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if TSLX is a good stock to buy).
- Place your TSLX buy order: Decide if you will purchase TSLX shares at the current market price or use a limit order to purchase TSLX shares at a given price.
- Watch your investment in TSLX: Create a watchlist to monitor your new investment in Sixth Street Specialty Lending shares.
Step 1: Decide where to buy Sixth Street Specialty Lending stock
You need an online brokerage account to access the NYSE market and buy TSLX stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you can invest in TSLX stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you have opened your account on investing apps, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of depositing funds into your investment account.
Step 4: Research Sixth Street Specialty Lending stock
After you have figured out the best place to buy Sixth Street Specialty Lending stock, it's important to analyze their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
Overview of key TSLX info
TSLX Overview
WallStreetZen was built to help average investors do better fundamental analysis quickly.
You can see all of the due diligence checks on TSLX's stock page.
Is TSLX stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TSLX's intrinsic value.
Using relative valuations methods:
- TSLX may be undervalued based on its P/E ratio of 9.86x, relative to Asset Management industry P/E ratio of 31.75x
- TSLX could be undervalued based on its P/B ratio of 1.17x, relative to Asset Management industry P/B ratio of 2.43x
- TSLX could be overvalued based on its PEG ratio of 1.79x
You can access more valuation analysis on TSLX's stock here.
Is TSLX a healthy company?
Failed Health Checks:
- TSLX profit margin has gone down from 50.7% to 38.7% in the past year.
- TSLX has a relatively high debt to equity ratio of 1.23.
- Total TSLX debt is higher than 5 years ago, relative to shareholder equity.
Is TSLX stock a Buy, Hold, or Sell, according to analysts?
Out of 6 sell side analysts who research TSLX, the consensus analyst rating on TSLX is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent TSLX Analyst Upgrades/Downgrades
Mickey Schleien, a top 35% analyst from Ladenburg Thalmann upgrades TSLX to a strong buy rating and announces their TSLX price target of $21.00, on Nov 6, 2024.
You can dive deeper into what analysts are saying on the Sixth Street Specialty Lending stock forecast page.
Metrics for Advanced TSLX Traders
Is TSLX Making Money?
Last year, TSLX earnings were $186.57M. During the last five year, TSLX's earnings have increased by -2.8% per year. This was slower than the Asset Management industry average of 5.31%.
Last year, TSLX revenue was $482.53M. During the past five year, TSLX's revenue has increased by 13.92% per year. This was slower than the Asset Management industry average of 16.64%.
Learn more about TSLX's earnings and revenue performance here.
What are TSLX insiders up to?
In the last 12 months, insiders at TSLX have bought more shares than they have sold.
Michael Graf, Officer of TSLX, was the latest TSLX insider to buy. They bought $20,530.00 worth of TSLX stock on Nov 20, 2024.
Learn more about who owns TSLX stock here.
Can I get consistent income from TSLX stock?
Sixth Street Specialty Lending pays a dividend of 10.09%, compared to the Asset Management industry's average dividend yield of 7.01%. If you owned $1,000 worth of TSLX stock, you would have been paid $100.95 last year.
Sixth Street Specialty Lending dividend payments have consistently grown over the past decade but have not remained stable.
Get more info about Sixth Street Specialty Lending dividend yield and history here.
What others are saying about TSLX
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your TSLX buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you need additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Watch your investment in TSLX
Now that you own some TSLX shares, you'll want to keep up with your new investment.
Add TSLX to a watchlist to get alerted to the latest events about your TSLX stock.
TSLX Feed
How to Buy Stock in Sixth Street Specialty Lending
To summarize, here are the 6 steps to buy stock in Sixth Street Specialty Lending:
- Decide where to buy Sixth Street Specialty Lending stock
- Sign up for a brokerage account
- Fund your brokerage account
- Research Sixth Street Specialty Lending stock
- Place your TSLX buy order
- Watch your investment in TSLX
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Sixth Street Specialty Lending, click the button below.
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