Sixth Street Specialty Lending (NYSE:TSLX) Shares Gap Down Following Weak Earnings

Market Beat
2026.05.06 14:22
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Sixth Street Specialty Lending (NYSE:TSLX) shares gapped down to $18.15 after reporting weaker-than-expected quarterly earnings of $0.42 EPS, missing estimates of $0.49. Revenue was $93.40 million, below the $103.14 million forecast. The company declared a quarterly dividend of $0.42 per share, up from $0.01, with a yield of 9.5%. Analysts have adjusted price targets, with an average target of $21.64. Insider transactions showed significant share acquisitions, and institutional investors hold 70.25% of the stock. The stock's current ratio is 2.83, and it has a market cap of $1.68 billion.