Blackstone Secured Lending Fund (BXSL)
| Market Cap | 6.30B |
| Revenue (ttm) | 1.41B |
| Net Income (ttm) | 599.78M |
| Shares Out | 231.22M |
| EPS (ttm) | 2.66 |
| PE Ratio | 10.25 |
| Forward PE | 8.99 |
| Dividend | $3.08 (11.31%) |
| Ex-Dividend Date | Dec 31, 2025 |
| Volume | 1,202,837 |
| Open | 27.00 |
| Previous Close | 27.08 |
| Day's Range | 27.00 - 27.28 |
| 52-Week Range | 24.85 - 34.64 |
| Beta | 0.44 |
| Analysts | Buy |
| Price Target | 29.38 (+7.86%) |
| Earnings Date | Nov 10, 2025 |
About BXSL
Blackstone Secured Lending Fund is a 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 Reve... [Read more]
Financial Performance
In 2024, BXSL's revenue was $1.33 billion, an increase of 16.04% compared to the previous year's $1.14 billion. Earnings were $694.10 million, an increase of 13.42%.
Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for BXSL stock is "Buy." The 12-month stock price target is $29.38, which is an increase of 7.86% from the latest price.
News
A Golden Buying Opportunity Few Investors Have Noticed Yet
The market looks very overvalued today. However, there is a corner of it that appears largely overlooked. I detail why I am pouring a large percentage of my portfolio into this golden buying opportuni...
Blackstone Secured Lending's NAV, Valuation, And Dividend Versus 11 BDC Peers - Part 2 (Includes Calendar Q1 2026 - Q2 2026 Dividend Projections)
Part 2 of this article compares Blackstone Secured Lending's recent dividend per share rates, yield percentages, and several other highly detailed (and useful) dividend sustainability metrics to 11 ot...
The Silent Killer Of BDC Yields (And My Strategy To Outrun It)
BDCs face earnings pressure from lower base rates, but fears of severe dividend cuts are overstated. Quite many BDCs have several levers to pull in order to absorb ~100 bps of base rate cuts without t...
Blackstone Secured Lending: Dividend Cut Unlikely In 2026
BXSL continues to cover its dividend with NII above 100%, supported by a strong $1.89/share spillover income buffer (61% of annual dividends). 97.5% first-lien loans and just 0.1% non-accruals make BX...
Blackstone Secured Lending: Buy This 11% Yield For Recurring Income
Blackstone Secured Lending Fund remains a high-yield, value 'Buy' with an 11% dividend yield and a disciplined, conservative portfolio. BXSL's portfolio is 97.5% first-lien, senior-secured loans, with...
Blackstone Secured Lending's NAV, Valuation, And Dividend Versus 11 BDC Peers - Part 1 (Includes Recommendations As Of 11/28/2025)
Blackstone Secured Lending (BXSL) is rated a STRONG BUY, trading notably below its estimated NAV with a price target of $33.20 per share. BXSL outperforms most BDC peers on adjusted NII, low non-accru...
Blackstone Secured Lending: Coverage Of Fat 11.3% Dividend Yield Expands
Blackstone Secured Lending saw net investment income per share beat consensus by 4 cents to provide 106% coverage for the quarterly base dividend. The BDC reported NAV per share that took a hit from n...
Blackstone Secured Lending: Underpriced 11% BDC Yield
Blackstone Secured Lending is my top BDC pick for 2026, as the BDC out-performs Ares Capital in LTM portfolio growth, balance sheet quality, and dividend coverage. BXSL boasts the lowest non-accrual p...
A Rare Buying Opportunity: Blue-Chip 11-12% Yields Too Cheap To Ignore
There is a major market disconnect in which there are blue-chip dividend payers offering 11%+ yields right now, despite posting strong fundamentals. I discuss why the market is bearish on these stocks...
Blackstone Secured Lending Vs. Morgan Stanley Direct Lending: Which 11%+ Yield Is The Better Buy?
Blackstone Secured Lending and Morgan Stanley Direct Lending offer 11%+ yields and robust first lien loan portfolios for income investors. Both BXSL and MSDL maintain high dividend safety, strong port...
12% Yields: Why Blackstone Secured Lending Beats Oaktree Specialty Lending
Blackstone Secured Lending and Oaktree Specialty Lending have pulled back sharply. I compare them side by side. I share why I prefer BXSL over OCSL, and what it would take for me to buy them.
Blackstone Secured Lending: Strong Quarter, But Don't Get Too Excited Yet
Blackstone Secured Lending Fund reported a strong Q3 with increased investment activity and solid fundamentals, trading at a slight discount to NAV. BXSL's portfolio remains defensively positioned wit...
The More They Drop, The More I Load Up
3 dividend stocks with attractive dividend yields, high-quality business models and management teams, and very strong growth potential have pulled back lately. I look at the risks that have prompted t...
Don't Bury BDC Dividends Just Yet
The Fed's dovishness has been the key driver for the BDC sell-off. The idea is that lower interest rates should lead to lower dividends (i.e., BDCs cutting their dividend across the board). While it i...
Dividend Power Dogs: 12 Ideal Safer November Stars
Of 35 November Dividend Power Dogs, 12 are recommended for "safer" dividends, with free-cash-flow-yields exceeding dividend-yields, and returns from $1,000 invested equaling-or-exceeding share-price, ...
Blackstone Secured Lending Is A Buy Once Again
Blackstone Secured Lending is upgraded to a 'buy' due to its attractive valuation and defensive first-lien debt portfolio. BXSL's net investment income and yield are under pressure from falling intere...
Blackstone Secured Lending: Q3 Earnings Support Continued Resilience
Blackstone Secured Lending Fund stands out in the BDC sector for its low non-accrual rate, consistent earnings, and attractive valuation. BXSL currently trades at a discount to NAV and offers a high d...
BXSL: Huge 12% Yield At A Bargain Valuation
Blackstone Secured Lending offers a compelling 12% dividend yield and trades at an attractive valuation after a recent share price pullback. BXSL faces interest rate headwinds as lower rates reduce lo...
The Best REIT, BDC, And MLP To Retire On
Discover the 3 dividend-paying powerhouses I'd trust to fund a lifetime of passive income. These high-yield investments combine safety, growth, and tax efficiency like few others. Learn why I believe ...
Blackstone Secured Lending Fund. (BXSL) Q3 2025 Earnings Call Transcript
Blackstone Secured Lending Fund. ( BXSL) Q3 2025 Earnings Call November 10, 2025 9:30 AM EST Company Participants Stacy Wang - Head of Stakeholder Relations Brad Marshall - Trustee, Chairman & Co-CEO...
Blackstone Secured Lending Fund Reports Third Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE: BXSL or the “Company”) today reported its third quarter 2025 results. Brad Marshall and Jonathan Bock, Co-Chief Executive Officers of ...
2 BDCs To Sell Before They Cut Their Dividend
BDCs have been clearly out of favor this year. Yet, there are some clear pockets of opportunity, which have started to showcase a nice momentum - just as I outlined in my recent BDC strategic piece. I...
7-11% Yields: Some Of The Best High Yields For Retirees To Buy Now
These two high-yield powerhouses offer retirees dependable income backed by investment-grade balance sheets. They offer current yields between 7-11.7%. We detail why they are attractive buys right now...
14% Dividend Yield Is Not Enough
Dividends matter. So do losses. Look at a couple of charts and call it a day. Most people don't want to go through all the history, but we can sum up over a decade in a few images. When we compare pri...