Blackstone Secured Lending Fund (BXSL) Stock Price, News & Analysis

Company Overview

Blackstone Secured Lending Fund (NYSE:BXSL) is a closed-end, publicly traded investment vehicle focused on delivering income and capital preservation by investing primarily in senior secured loans and debt instruments. Launched in June 2020, the fund is externally managed and sponsored by Blackstone Credit, one of the world’s largest credit-focused asset managers. BXSL seeks to generate stable cash distributions by targeting floating-rate assets, which may offer potential protection against rising interest rates.

The fund’s primary investment strategy centers on originating and acquiring first-lien senior secured loans to middle-market companies across a range of industries, including healthcare, industrials, consumer services, and technology. In addition to direct lending, BXSL may participate in syndicated credit facilities, leverage senior secured collateral, and invest in other credit-oriented instruments such as collateralized loan obligations (CLOs) and asset-backed securities. This diversified approach aims to provide multiple avenues for risk-adjusted returns.

BXSL’s portfolio is geographically focused on North America and selectively extends into Europe, leveraging Blackstone’s global sourcing platform and local market expertise. The fund’s investment team comprises seasoned credit professionals from Blackstone Credit, supported by rigorous due diligence and risk management processes. Leadership of the portfolio management team brings decades of experience in underwriting, structuring, and portfolio monitoring of private credit transactions.

As a closed-end fund, BXSL employs modest leverage to enhance potential returns while maintaining disciplined risk controls. The fund is designed for investors seeking regular distributions and exposure to floating-rate, senior secured credit. By combining Blackstone’s institutional-grade resources with a tailored investment strategy, BXSL aims to serve income-oriented investors looking for a professional solution to private credit allocation within a liquid, publicly traded structure.

Key Stats

• Today's Range: $30.72 to $31.24
• 50-Day Range: $29.04 to $32.03
• 52-Week Range: $25.89 to $34.64
• Volume: 811,045 shs
• Average Volume: 1.05 million shs
• Market Capitalization: $7.05 billion
• P/E Ratio: 9.76
• Dividend Yield: 9.96%
• Price Target: $31.38
• Consensus Rating: Moderate Buy

Blackstone Secured Lending Fund Stock Analysis - MarketRank™

Blackstone Secured Lending Fund scored higher than 35% of companies evaluated by MarketBeat, and ranked 720th out of 901 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Blackstone Secured Lending Fund has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Blackstone Secured Lending Fund has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -6.78%

Earnings Growth

Earnings for Blackstone Secured Lending Fund are expected to decrease by -6.78% in the coming year, from $3.54 to $3.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Blackstone Secured Lending Fund is 9.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.69.

Price to Earnings Ratio vs. Sector

The P/E ratio of Blackstone Secured Lending Fund is 9.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.95.

Price to Book Value per Share Ratio

Blackstone Secured Lending Fund has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.02% of the float of Blackstone Secured Lending Fund has been sold short.

Short Interest Ratio / Days to Cover

Blackstone Secured Lending Fund has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Blackstone Secured Lending Fund has recently decreased by 0.99%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Blackstone Secured Lending Fund is a leading dividend payer. It pays a dividend yield of 9.87%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Blackstone Secured Lending Fund does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Blackstone Secured Lending Fund is 97.16%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Blackstone Secured Lending Fund will have a dividend payout ratio of 93.33% in the coming year. This indicates that Blackstone Secured Lending Fund may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.02% of the float of Blackstone Secured Lending Fund has been sold short.

Short Interest Ratio / Days to Cover

Blackstone Secured Lending Fund has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Blackstone Secured Lending Fund has recently decreased by 0.99%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: N/A

News Sentiment

Blackstone Secured Lending Fund has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Blackstone Secured Lending Fund this week, compared to 2 articles on an average week.

Search Interest

Only 15 people have searched for BXSL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Blackstone Secured Lending Fund to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Blackstone Secured Lending Fund insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,048.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 0.10% of the stock of Blackstone Secured Lending Fund is held by insiders.

Percentage Held by Institutions

Only 36.49% of the stock of Blackstone Secured Lending Fund is held by institutions.

BXSL Stock Analysis - Frequently Asked Questions

How have BXSL shares performed this year?

Blackstone Secured Lending Fund's stock was trading at $32.31 at the beginning of the year. Since then, BXSL shares have decreased by 4.3% and is now trading at $30.93.

How were Blackstone Secured Lending Fund's earnings last quarter?

Blackstone Secured Lending Fund (NYSE:BXSL) issued its quarterly earnings results on Wednesday, May, 7th. The company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $0.01. The firm had revenue of $357.76 million for the quarter, compared to analyst estimates of $358.40 million. Blackstone Secured Lending Fund had a net margin of 47.80% and a trailing twelve-month return on equity of 12.49%.
Read the conference call transcript.

Who are Blackstone Secured Lending Fund's major shareholders?

Top institutional shareholders of Blackstone Secured Lending Fund include Confluence Investment Management LLC (0.08%), Delphi Management Inc. MA (0.02%) and Taylor & Morgan Wealth Management LLC (0.01%). Insiders that own company stock include Brad Marshall, Brad Marshall, Robert J Bass, Carlos Whitaker, Katherine Rubenstein and Katherine Rubenstein.
View institutional ownership trends.

How do I buy shares of Blackstone Secured Lending Fund?

Shares of BXSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Blackstone Secured Lending Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Blackstone Secured Lending Fund investors own include Chevron (CVX), Bristol Myers Squibb (BMY), Comcast (CMCSA), Charles Schwab (SCHW), McKesson (MCK), Toronto Dominion Bank (TD) and Yum! Brands (YUM).

Company Calendar

• Record date for 4/25 Dividend: 3/31/2025
• Ex-Dividend for 4/25 Dividend: 3/31/2025
• Dividend Payable: 4/25/2025
• Last Earnings: 5/07/2025
• Record date for 7/25 Dividend: 6/30/2025
• Ex-Dividend for 7/25 Dividend: 6/30/2025
• Today: 7/07/2025
• Dividend Payable: 7/25/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: FIN - SBIC&COMMRL
• Sub-Industry: N/A
• Current Symbol: NYSE:BXSL
• CIK: 1736035
• Web: www.bxsl.com
• Phone: 212-503-2100
• Fax: N/A
• Employees: 2,020
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $31.38
• High Stock Price Target: $35.00
• Low Stock Price Target: $27.00
• Potential Upside/Downside: +0.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.17
• Trailing P/E Ratio: 9.84
• Forward P/E Ratio: 8.81
• P/E Growth: N/A
• Net Income: $694.10 million
• Net Margins: 47.80%
• Pretax Margin: 47.81%
• Return on Equity: 12.49%
• Return on Assets: 5.67%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.79
• Quick Ratio: 1.79

Sales & Book Value

• Annual Sales: $1.33 billion
• Price / Sales: 5.40
• Cash Flow: $3.11 per share
• Price / Cash Flow: 10.04
• Book Value: $27.15 per share
• Price / Book: 1.15

Miscellaneous

• Outstanding Shares: 229,680,000
• Free Float: 229,451,000
• Market Cap: $7.17 billion
• Optionable: Optionable
• Beta: 0.46