Sixth Street Specialty Stock Today
| TSLX Stock | USD 20.91 0.08 0.38% |
Performance0 of 100
| Odds Of DistressLess than 5
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Sixth Street is trading at 20.91 as of the 19th of April 2024; that is 0.38% increase since the beginning of the trading day. The stock's open price was 20.83. Sixth Street has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Sixth Street Specialty are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 21st of March 2014 | Classification Financials |
The fund provides senior secured loans , 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. The company has 92.43 M outstanding shares of which 1.51 M shares are at this time shorted by private and institutional investors with about 2.68 trading days to cover. More on Sixth Street Specialty
Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
Sixth Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sixth Street's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sixth Street or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Joshua Easterly | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Sixth Street report their recommendations after researching Sixth Street's financial statements, talking to executives and customers, or listening in on Sixth Street's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Sixth Street Specialty. The Sixth consensus assessment is calculated by taking the average forecast from all of the analysts covering Sixth Street. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Sixth Street's liquidity, profitability, solvency, and operating efficiency, Sixth Street Specialty may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Sixth Street Specialty is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Sixth Street's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sixth Street's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Sixth Street's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Sixth Street's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sixth Street's financial leverage. It provides some insight into what part of Sixth Street's total assets is financed by creditors.
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Sixth Street Specialty (TSLX) is traded on New York Stock Exchange in USA. It is located in 2100 McKinney Avenue, Dallas, TX, United States, 75201 and employs 24 people. Sixth Street is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sixth Street's market, we take the total number of its shares issued and multiply it by Sixth Street's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sixth Street Specialty conducts business under Capital Markets sector and is part of Financials industry. The entity has 92.43 M outstanding shares of which 1.51 M shares are at this time shorted by private and institutional investors with about 2.68 trading days to cover.
Sixth Street Specialty currently holds about 5.73 M in cash with 191.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Sixth Street Probability Of Bankruptcy
Ownership AllocationSixth Street Specialty shows a total of 92.43 Million outstanding shares. 30% of Sixth Street Specialty outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sixth Ownership Details
Sixth Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Sixth Street jumping above the current price in 90 days from now is about 44.7%. The Sixth Street Specialty probability density function shows the probability of Sixth Street stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Sixth Street has a beta of 0.1496. This usually implies as returns on the market go up, Sixth Street average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sixth Street Specialty will be expected to be much smaller as well. Additionally, sixth Street Specialty has an alpha of 4.0E-4, implying that it can generate a 4.07E-4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sixth Street to move above the current price in 90 days from now is about 44.7 (This Sixth Street Specialty probability density function shows the probability of Sixth Stock to fall within a particular range of prices over 90 days) .
Sixth Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Sixth Street that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sixth Street's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sixth Street's value.| Instituion | Recorded On | Shares | |
| Jpmorgan Chase & Co | 2023-12-31 | 984.6 K | |
| Bank Of America Corp | 2023-12-31 | 928.7 K | |
| Partners Group Holding Ag Junk | 2023-12-31 | 843.2 K | |
| Cliffwater Llc | 2023-12-31 | 821.2 K | |
| Ares Management Llc | 2023-12-31 | 768.1 K | |
| Lgt Capital Partners Ltd. | 2023-12-31 | 715 K | |
| Melia Wealth Llc | 2023-12-31 | 701.1 K | |
| Legal & General Group Plc | 2023-12-31 | 674.4 K | |
| Advisors Capital Management, Llc | 2023-12-31 | 625.7 K | |
| Strs Ohio | 2023-12-31 | 3.1 M | |
| Sixth Street Partners Management Company, L.p. | 2023-12-31 | 2.7 M |
Sixth Street Historical Income Statement
Sixth Street Specialty Income Statement is one of the three primary financial statements used for reporting Sixth's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sixth Street Specialty revenue and expense. Sixth Street Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Sixth Street's Interest Expense is fairly stable compared to the past year. Total Revenue is likely to rise to about 442.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 11.9 M in 2024. View More FundamentalsSixth Stock Against Markets
Picking the right benchmark for Sixth Street stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sixth Street stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sixth Street is critical whether you are bullish or bearish towards Sixth Street Specialty at a given time. Please also check how Sixth Street's historical prices are related to one of the top price index indicators.
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Sixth Street Corporate Directors
Sixth Street corporate directors refer to members of a Sixth Street board of directors. The board of directors generally takes responsibility for the Sixth Street's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Sixth Street's board members must vote for the resolution. The Sixth Street board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Ross | Independent Director | Profile | |
| Ronald Tanemura | Independent Director | Profile | |
| Hurley Doddy | Independent Director | Profile | |
| Richard Higginbotham | Independent Director | Profile |
How to buy Sixth Stock?
Before investing in Sixth Street, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sixth Street. To buy Sixth Street stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sixth Street. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sixth Street stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sixth Street Specialty stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sixth Street Specialty stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sixth Street Specialty, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Sixth Stock please use our How to Invest in Sixth Street guide.
Already Invested in Sixth Street Specialty?
The danger of trading Sixth Street Specialty is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sixth Street is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sixth Street. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sixth Street Specialty is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Sixth Street Specialty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sixth Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sixth Street Specialty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sixth Street Specialty Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sixth Street Specialty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Sixth Stock analysis
When running Sixth Street's price analysis, check to measure Sixth Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sixth Street is operating at the current time. Most of Sixth Street's value examination focuses on studying past and present price action to predict the probability of Sixth Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sixth Street's price. Additionally, you may evaluate how the addition of Sixth Street to your portfolios can decrease your overall portfolio volatility.
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Is Sixth Street's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sixth Street. If investors know Sixth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sixth Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.024 | Dividend Share 2.09 | Earnings Share 2.61 | Revenue Per Share 5.146 | Quarterly Revenue Growth 0.194 |
The market value of Sixth Street Specialty is measured differently than its book value, which is the value of Sixth that is recorded on the company's balance sheet. Investors also form their own opinion of Sixth Street's value that differs from its market value or its book value, called intrinsic value, which is Sixth Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sixth Street's market value can be influenced by many factors that don't directly affect Sixth Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sixth Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sixth Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sixth Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.