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1907, 1929, 1998, 2007--and now 2023? (Ad)
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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
1907, 1929, 1998, 2007--and now 2023? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
1907, 1929, 1998, 2007--and now 2023? (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
1907, 1929, 1998, 2007--and now 2023? (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
1907, 1929, 1998, 2007--and now 2023? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
1907, 1929, 1998, 2007--and now 2023? (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
1907, 1929, 1998, 2007--and now 2023? (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
1907, 1929, 1998, 2007--and now 2023? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
1907, 1929, 1998, 2007--and now 2023? (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
1907, 1929, 1998, 2007--and now 2023? (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people

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
1.08mentions of Blackstone Secured Lending Fund in the last 14 days
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


BXSL stock logo

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

BXSL Stock News Headlines

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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

Industry, Sector and Symbol

Industry
N/A
Sub-Industry
N/A
Sector
Finance
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

Net Income
$404.56 million
Pretax Margin
48.53%

Debt

Sales & Book Value

Annual Sales
$850 million
Cash Flow
$3.59 per share
Book Value
$26.02 per share

Miscellaneous

Free Float
165,392,000
Market Cap
$4.64 billion
Optionable
Not Optionable
Beta
0.53
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Key Executives

  • Mr. Brad MarshallMr. Brad Marshall (Age 51)
    Chairman & Co-CEO
  • Mr. Jonathan Gerald Bock CFA
    Co-Chief Exec. Officer
  • Mr. Carlos WhitakerMr. Carlos Whitaker (Age 47)
    Pres
  • Mr. Teddy Desloge
    Chief Financial Officer
  • Ms. Katherine RubensteinMs. 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













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

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