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

$30.76
+0.45 (+1.48%)
(As of 07/26/2024 ET)
Today's Range
$30.36
$30.82
50-Day Range
$29.97
$31.84
52-Week Range
$25.83
$32.67
Volume
817,113 shs
Average Volume
915,362 shs
Market Capitalization
$5.92 billion
P/E Ratio
8.20
Dividend Yield
10.01%
Price Target
$30.92

Blackstone Secured Lending Fund MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
0.5% Upside
$30.92 Price Target
Short Interest
Healthy
0.90% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.44mentions of Blackstone Secured Lending Fund in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-4.78%
From $3.56 to $3.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.60 out of 5 stars

Finance Sector

721st out of 898 stocks

BXSL stock logo

About Blackstone Secured Lending Fund Stock (NYSE:BXSL)

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). In addition, the Fund elected to be treated for U.S. federal income tax purposes, as a regulated investment company (RIC), as defined under Subchapter M of the Internal Revenue Code of 1986, as amended (the Code). The fund also intends to continue to comply with the requirements prescribed by the Code in order to maintain tax treatment as a RIC. The fund's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The Fund seeks to achieve its investment objective primarily through originated loans, equity and other securities, including syndicated loans, of private U.S. companies, specifically small and middle market companies, typically in the form of first lien senior secured and unitranche loans (including first out/last out loans), and to a lesser extent, second lien, third lien, unsecured and subordinated loans and other debt and equity securities.

BXSL Stock Price History

BXSL Stock News Headlines

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Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.
The next companies to potentially benefit thanks to Nvidia are …
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See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Ex-Dividend for 7/26 Dividend
6/28/2024
Today
7/26/2024
Dividend Payable
7/26/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
N/A
Sub-Industry
N/A
Fax
N/A
Employees
2,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.92
High Stock Price Target
$32.00
Low Stock Price Target
$29.50
Potential Upside/Downside
+0.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$611.95 million
Pretax Margin
55.56%

Debt

Sales & Book Value

Annual Sales
$684.86 million
Cash Flow
$3.96 per share
Book Value
$28.52 per share

Miscellaneous

Free Float
192,170,000
Market Cap
$5.92 billion
Optionable
Optionable
Beta
0.44
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BXSL Stock Analysis - Frequently Asked Questions

How have BXSL shares performed this year?

Blackstone Secured Lending Fund's stock was trading at $27.64 at the start of the year. Since then, BXSL shares have increased by 11.3% and is now trading at $30.7550.
View the best growth stocks for 2024 here
.

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

Blackstone Secured Lending Fund (NYSE:BXSL) issued its quarterly earnings results on Wednesday, May, 8th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by $0.05. The business earned $303.96 million during the quarter, compared to analyst estimates of $305.08 million. Blackstone Secured Lending Fund had a net margin of 55.54% and a trailing twelve-month return on equity of 14.06%.

Who are Blackstone Secured Lending Fund's major shareholders?

Blackstone Secured Lending Fund's top institutional investors include Sound Income Strategies LLC (0.39%), Amplius Wealth Advisors LLC (0.26%), Shikiar Asset Management Inc. (0.26%) and Raymond James & Associates (0.23%). Insiders that own company stock include Brad Marshall, Brad Marshall, Carlos Whitaker, Katherine Rubenstein, Katherine Rubenstein and Robert J Bass.
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.
Compare Top Brokerages Here.

This page (NYSE:BXSL) was last updated on 7/26/2024 by MarketBeat.com Staff

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