Top-Rated Dividend StocksTop-Rated Dividend

NYSE:BXSL

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

$28.00

+0.30 (+1.08%)

(As of 09/22/2023 ET)

Compare

Today's Range: $27.71
▼
$28.19
50-Day Range: $26.94
▼
$28.77
52-Week Range: $22.08
▼
$29.11

Volume: 589,099 shs
Average Volume: 542,557 shs
Market Capitalization: $4.64 billion

P/E Ratio: 9.03
Dividend Yield: 10.00%
Price Target: $28.25

Blackstone Secured Lending Fund MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 0.9% Upside
$28.25 Price Target
Short Interest: Healthy
0.22% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.08
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -5.87%
From $3.92 to $3.69 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Finance Sector

676th out of 844 stocks

1.4

Analyst's Opinion

Consensus Rating
Blackstone Secured Lending Fund has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.25, Blackstone Secured Lending Fund has a forecasted upside of 0.9% from its current price of $28.00.
Amount of Analyst Coverage
Blackstone Secured Lending Fund has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.22% 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 0.4, 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 14.51%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Blackstone Secured Lending Fund is a leading dividend payer. It pays a dividend yield of 10.00%, 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 90.32%. 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 75.88% in the coming year. This indicates that Blackstone Secured Lending Fund may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BXSL.

3.4

News and Social Media Coverage

News Sentiment
Blackstone Secured Lending Fund has a news sentiment score of 1.08. 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 is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Blackstone Secured Lending Fund this week, compared to 1 article on an average week.
Search Interest
Only 26 people have searched for BXSL on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.
MarketBeat Follows
10 people have added Blackstone Secured Lending Fund to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Blackstone Secured Lending Fund insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.14% of the stock of Blackstone Secured Lending Fund is held by insiders.
Percentage Held by Institutions
Only 36.96% of the stock of Blackstone Secured Lending Fund is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Blackstone Secured Lending Fund are expected to decrease by -5.87% in the coming year, from $3.92 to $3.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Blackstone Secured Lending Fund is 9.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Blackstone Secured Lending Fund is 9.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 66.21.
Price to Book Value per Share Ratio
Blackstone Secured Lending Fund has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Blackstone Secured Lending Fund (NYSE:BXSL) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

BXSL Stock News Headlines

September 23, 2023 | msn.com

Retirement Passive Income: I Just Sold 11%-Yielding Blackstone Secured Lending

September 18, 2023 | seekingalpha.com

Building A Balanced Portfolio With Blackstone Secured Lending

September 24, 2023 | Behind the Markets (Ad)

6.5 Million Americans Are DESPERATE for This New Drug from One Tiny Company

Decades of pent-up demand for this "first-ever" treatment could give you WINDFALL PROFITS... Click here to learn more >>>

August 26, 2023 | seekingalpha.com

BXSL Blackstone Secured Lending Fund.

August 21, 2023 | msn.com

BXSL: Another Outperforming Quarter But Now With A Dividend Hike

August 18, 2023 | seekingalpha.com

Poor Loan Timing Suggests Blackstone Secured Lending Stock Might Be Overvalued

August 14, 2023 | seekingalpha.com

Blackstone Secured Lending Fund Q2 Earnings: I'm Backing Up My Truck

August 11, 2023 | markets.businessinsider.com

Blackstone Secured Lending Fund (BXSL) Gets a Hold from Bank of America Securities

September 24, 2023 | Legacy Research (Ad)

Watch SHOCKING Footage of AI Facility with Ties to Elon Musk

I recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.

August 10, 2023 | finance.yahoo.com

What Makes Blackstone Secured Lending Fund (BXSL) a New Strong Buy Stock

August 9, 2023 | msn.com

Blackstone Secured Lending Fund proposes stock offering of 6.5M shares

August 9, 2023 | finance.yahoo.com

Blackstone Secured Lending Fund Announces Public Offering of Common Shares

August 9, 2023 | msn.com

Blackstone Secured Lending GAAP EPS of $1.06 beats by $0.03

August 9, 2023 | finance.yahoo.com

Blackstone Secured Lending Fund (BXSL) Tops Q2 Earnings and Revenue Estimates

July 26, 2023 | finance.yahoo.com

Blackstone Secured Lending Announces Second Quarter 2023 Earnings Release and Conference Call

July 25, 2023 | seekingalpha.com

Blackstone Secured Lending: 5 Things I Like Better Than Ares Capital

July 13, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights Blackstone Secured Lending Fund, Main Street Capital and Hercules Capital

July 11, 2023 | finance.yahoo.com

Is AvalonBay Communities (AVB) Stock Outpacing Its Finance Peers This Year?

July 6, 2023 | finance.yahoo.com

Strength Seen in Trinity Capital (TRIN): Can Its 6.6% Jump Turn into More Strength?

June 26, 2023 | msn.com

Blackstone Secured Lending: A 10% Raise From This 11% Yielder

June 22, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: KB Home (KBH), Weyerhaeuser (WY) and Blackstone Secured Lending Fund (BXSL)

June 20, 2023 | benzinga.com

Blackstone Secured Lending Fund Announces Increase In Quarterly Distribution From $0.70 To $0.77/Share

June 20, 2023 | finance.yahoo.com

Is Assurant (AIZ) Stock Outpacing Its Finance Peers This Year?

June 15, 2023 | finance.yahoo.com

Blackstone Secured Lending Fund (BXSL) Moves to Strong Buy: Rationale Behind the Upgrade

June 9, 2023 | thestreet.com

Blackstone Secured Lending Fund of Beneficial Interest

May 26, 2023 | msn.com

BXSL: Another Quarter Of Outperformance With Significant Dividend Upside

May 12, 2023 | msn.com

Blackstone Secured Lending Fund. (BXSL) Declares $0.70 Dividend

See More Headlines

Receive BXSL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Blackstone Secured Lending Fund and its competitors with MarketBeat's FREE daily newsletter.

BXSL Company Calendar

Ex-Dividend for 7/27 Dividend: 6/29/2023
Dividend Payable: 7/27/2023
Last Earnings: 8/09/2023
Today: 9/24/2023
Ex-Dividend for 10/26 Dividend: 9/28/2023
Dividend Payable: 10/26/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: N/A
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:BXSL
CUSIP: N/A
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 Forecast: $28.25
High Stock Price Forecast: $31.00
Low Stock Price Forecast: $25.00
Forecasted Upside/Downside: +0.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.10
Trailing P/E Ratio: 9.03
Forward P/E Ratio: 7.14
P/E Growth: N/A
Net Income: $404.56 million
Net Margins: 48.55%
Pretax Margin: 48.53%
Return on Equity: 14.15%
Return on Assets: 6.08%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.81
Quick Ratio: 1.81

Sales & Book Value

Annual Sales: $850 million
Price / Sales: 5.46
Cash Flow: $3.59 per share
Price / Cash Flow: 7.81
Book Value: $26.02 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 165,620,000
Free Float: 165,392,000
Market Cap: $4.64 billion
Optionable: Not Optionable
Beta: 0.53

7 Stocks to Buy And Hold Forever

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

Key Executives

Mr. Brad Marshall (Age 51)
Chairman & Co-CEO

Mr. Jonathan Gerald Bock CFA
Co-Chief Exec. Officer

Mr. Carlos Whitaker (Age 47)
Pres

Mr. Teddy Desloge
Chief Financial Officer

Ms. Katherine Rubenstein (Age 45)
Chief Operating Officer

Mr. Matt Alcide
Chief Accounting Officer

Mr. William Joseph Renahan Esq. (Age 54)
Chief Compliance Officer

Mr. Oran Ebel (Age 44)
Chief Legal Officer & Sec.

Ms. Stacy Wang
Head of Stakeholder Relations

Mr. Kris Corbett
Controller & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BXSL Stock - Frequently Asked Questions

Should I buy or sell Blackstone Secured Lending Fund stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Blackstone Secured Lending Fund in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BXSL shares.
View BXSL analyst ratings or view top-rated stocks.
What is Blackstone Secured Lending Fund's stock price forecast for 2023?: 6 Wall Street research analysts have issued twelve-month price targets for Blackstone Secured Lending Fund's shares. Their BXSL share price forecasts range from $25.00 to $31.00. On average, they predict the company's share price to reach $28.25 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price.
View analysts price targets for BXSL or view top-rated stocks among Wall Street analysts.
How have BXSL shares performed in 2023?: Blackstone Secured Lending Fund's stock was trading at $22.35 at the start of the year. Since then, BXSL shares have increased by 25.3% and is now trading at $28.00.
View the best growth stocks for 2023 here.
Are investors shorting Blackstone Secured Lending Fund?: Blackstone Secured Lending Fund saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 304,100 shares, a decline of 14.5% from the August 15th total of 355,700 shares. Based on an average trading volume of 758,400 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold.
View Blackstone Secured Lending Fund's Short Interest.
When is Blackstone Secured Lending Fund's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our BXSL earnings forecast.
How were Blackstone Secured Lending Fund's earnings last quarter?: Blackstone Secured Lending Fund (NYSE:BXSL) announced its earnings results on Wednesday, August, 9th. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $0.99 by $0.07. The firm had revenue of $290.37 million for the quarter, compared to analyst estimates of $276.36 million. Blackstone Secured Lending Fund had a net margin of 48.55% and a trailing twelve-month return on equity of 14.15%.
How often does Blackstone Secured Lending Fund pay dividends? What is the dividend yield for Blackstone Secured Lending Fund?: Blackstone Secured Lending Fund declared a quarterly dividend on Tuesday, June 20th. Investors of record on Saturday, September 30th will be given a dividend of $0.77 per share on Thursday, October 26th. This represents a $3.08 annualized dividend and a dividend yield of 11.00%. The ex-dividend date is Thursday, September 28th. This is an increase from the stock's previous quarterly dividend of $0.70.
Read our dividend analysis for BXSL.
What ETFs hold Blackstone Secured Lending Fund's stock?: ETFs with the largest weight of Blackstone Secured Lending Fund (NYSE:BXSL) stock in their portfolio include Putnam BDC Income ETF (PBDC), VanEck BDC Income ETF (BIZD) and WisdomTree Alternative Income Fund (HYIN).Invesco Global Listed Private Equity ETF (PSP).

Is Blackstone Secured Lending Fund a good dividend stock?: Blackstone Secured Lending Fund (NYSE:BXSL) pays an annual dividend of $2.80 per share and currently has a dividend yield of 10.00%. BXSL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 90.32%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BXSL will have a dividend payout ratio of 75.88% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BXSL.
What is Blackstone Secured Lending Fund's stock symbol?: Blackstone Secured Lending Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXSL."
Who are Blackstone Secured Lending Fund's major shareholders?: Blackstone Secured Lending Fund's stock is owned by many different retail and institutional investors. Top institutional shareholders include Creative Planning (1.44%), JPMorgan Chase & Co. (0.95%), Amplius Wealth Advisors LLC (0.74%), Van ECK Associates Corp (0.66%), Royal Bank of Canada (0.45%) and BlackRock Inc. (0.44%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Blackstone Secured Lending Fund's stock price today?: One share of BXSL stock can currently be purchased for approximately $28.00.
How much money does Blackstone Secured Lending Fund make?: Blackstone Secured Lending Fund (NYSE:BXSL) has a market capitalization of $4.64 billion and generates $850 million in revenue each year. The company earns $404.56 million in net income (profit) each year or $3.10 on an earnings per share basis.
How many employees does Blackstone Secured Lending Fund have?: The company employs 2,020 workers across the globe.
How can I contact Blackstone Secured Lending Fund?: Blackstone Secured Lending Fund's mailing address is 345 Park Avenue, New York, New York 10154. The official website for the company is www.bxsl.com. The company can be reached via phone at 212-503-2100 or via email at blackstoneshareholderrelations@blackstone.com.

This page (NYSE:BXSL) was last updated on 9/24/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial