Blackstone Secured Lending Fund (BXSL) Projected to Post Quarterly Earnings on Wednesday

Key Points

• The Blackstone Secured Lending Fund (BXSL) is set to announce its Q2 2025 earnings on August 6th, with analysts predicting earnings of $0.81 per share and revenue of $353.55 million.
• The fund's recent quarterly dividend of $0.77 resulted in an annualized dividend yield of 9.64%, with a payout ratio of 97.16%.
• Blackstone Secured Lending Fund shares currently have a market capitalization of $7.34 billion and have an average rating of "Moderate Buy" from analysts.

Blackstone Secured Lending Fund (NYSE:BXSL - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.81 per share and revenue of $353.55 million for the quarter.

Blackstone Secured Lending Fund (NYSE:BXSL - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.01. Blackstone Secured Lending Fund had a return on equity of 12.49% and a net margin of 47.80%. The business had revenue of $357.76 million during the quarter, compared to analysts' expectations of $358.40 million. On average, analysts expect Blackstone Secured Lending Fund to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Blackstone Secured Lending Fund Stock Down 1.2%

BXSL stock traded down $0.39 during trading on Friday, hitting $31.16. The company had a trading volume of 1,311,517 shares, compared to its average volume of 765,059. Blackstone Secured Lending Fund has a 12 month low of $25.89 and a 12 month high of $34.64. The stock has a market cap of $7.16 billion, a price-to-earnings ratio of 9.83 and a beta of 0.46. The firm has a 50-day moving average price of $31.64 and a 200-day moving average price of $31.64.

Blackstone Secured Lending Fund Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 25th. Shareholders of record on Monday, June 30th were given a dividend of $0.77 per share. The ex-dividend date was Monday, June 30th. This represents a $3.08 annualized dividend and a dividend yield of 9.9%. Blackstone Secured Lending Fund's payout ratio is presently 97.16%.

Insider Buying and Selling at Blackstone Secured Lending Fund

In other Blackstone Secured Lending Fund news, insider Robert J. Bass bought 1,626 shares of Blackstone Secured Lending Fund stock in a transaction dated Tuesday, May 13th. The stock was bought at an average price of $30.78 per share, with a total value of $50,048.28. Following the completion of the transaction, the insider owned 17,403 shares in the company, valued at $535,664.34. The trade was a 10.31% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.10% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Blackstone Secured Lending Fund stock. Empowered Funds LLC raised its position in shares of Blackstone Secured Lending Fund (NYSE:BXSL - Free Report) by 139.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,340 shares of the company's stock after purchasing an additional 10,696 shares during the period. Empowered Funds LLC's holdings in Blackstone Secured Lending Fund were worth $593,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 36.49% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on BXSL shares. Wells Fargo & Company reduced their target price on Blackstone Secured Lending Fund from $29.00 to $27.00 and set an "equal weight" rating on the stock in a report on Thursday, May 8th. Keefe, Bruyette & Woods decreased their target price on shares of Blackstone Secured Lending Fund from $32.00 to $31.00 and set a "market perform" rating for the company in a research report on Tuesday, April 8th. Finally, JPMorgan Chase & Co. cut their price objective on Blackstone Secured Lending Fund from $33.50 to $30.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $31.38.

Blackstone Secured Lending Fund Company Profile

Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940, as amended (the 1940 Act).