Blackstone Secured Lending Fund (BXSL) to Release 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 projected to issue 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 data on Wednesday, May 7th. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.01. The firm had revenue of $357.76 million during the quarter, compared to the consensus estimate of $358.40 million. Blackstone Secured Lending Fund had a return on equity of 12.49% and a net margin of 47.80%. 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%

Shares of BXSL stock traded down $0.39 on Friday, hitting $31.16. The stock had a trading volume of 1,311,517 shares, compared to its average volume of 765,059. The business has a 50 day moving average price of $31.63 and a 200 day moving average price of $31.63. The company has a market cap of $7.16 billion, a PE ratio of 9.83 and a beta of 0.46. Blackstone Secured Lending Fund has a one year low of $25.89 and a one year high of $34.64.

Blackstone Secured Lending Fund Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have commented on BXSL shares. Wells Fargo & Company reduced their target price on shares of Blackstone Secured Lending Fund from $29.00 to $27.00 and set an "equal weight" rating for the company in a report on Thursday, May 8th. JPMorgan Chase & Co. reduced their target price on shares of 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. Finally, Keefe, Bruyette & Woods reduced 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 report on Tuesday, April 8th. Two equities 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 presently has an average rating of "Moderate Buy" and a consensus price target of $31.38.

Insider Buying and Selling

In other news, insider Robert J. Bass bought 1,626 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were purchased at an average price of $30.78 per share, for a total transaction of $50,048.28. Following the completion of the transaction, the insider directly owned 17,403 shares in the company, valued at approximately $535,664.34. This represents a 10.31% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Blackstone Secured Lending Fund

An institutional investor recently raised its position in Blackstone Secured Lending Fund stock. Empowered Funds LLC boosted its position in Blackstone Secured Lending Fund (NYSE:BXSL - Free Report) by 139.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,340 shares of the company's stock after buying an additional 10,696 shares during the period. Empowered Funds LLC's holdings in Blackstone Secured Lending Fund were worth $593,000 as of its most recent filing with the Securities & Exchange Commission. 36.49% of the stock is owned by hedge funds and other institutional investors.

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).