Blackstone Secured Lending Fund (BXSL)
| Market Value | 6.99B |
| Revenue (ttm) | 1.28B |
| Net Income (ttm) | 688.91M |
| Shares Out | 216.67M |
| EPS (ttm) | 3.59 |
| PE Ratio | 8.97 |
| Forward PE | 9.79 |
| Dividend | $3.08 (9.55%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 1,772,165 |
| Open | 31.82 |
| Previous Close | 31.84 |
| Day's Range | 31.74 - 32.38 |
| 52-Week Range | 27.47 - 32.67 |
| Beta | 0.45 |
| Analysts | Strong Buy |
| Price Target | 28.25 (-12.38%) |
| Earnings Date | n/a |
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 2022, BXSL's revenue was $387.80 million, a decrease of -18.07% compared to the previous year's $473.35 million. Earnings were $404.56 million, a decrease of -12.13%.
Analyst Forecast
According to 9 analysts, the average rating for BXSL stock is "Strong Buy." The 12-month stock price forecast is $28.25, which is a decrease of -12.38% from the latest price.
News
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Blackstone Secured Lending Fund Prices Public Offering of $300.0 million 5.350% Unsecured Notes due 2028
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2 BDCs That Could Be The Next Stars In The Sector
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Blackstone Secured Lending: A 10%-Yielding BDC Gem
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Blackstone Secured Lending: 10% Yielding Buy For A Market Melt-Up
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My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys
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Blackstone Secured Lending: A Growth BDC That Makes For A Good Long-Term Investment
Blackstone Secured Lending showed strong growth during recent earnings, with solid net asset value and income increases, positioning it well to be a long-term investment. BXSL's high first-lien loan e...
Blackstone Secured Lending: A Best-Of-Breed BDC With A 10% Yield
Blackstone Secured Lending Fund boasts robust dividend coverage, a low non-accrual ratio, and a 15% premium to NAV, making it a top BDC choice. BXSL's investment portfolio, primarily floating-rate Fir...
Another Interest Rate Cut: How's Blackstone Secured Lending's Dividend Coverage?
Blackstone Secured Lending remains a top pick in the BDC space for income-oriented investors due to its defensive portfolio and solid dividend coverage. Despite another interest rate cut, BXSL's regul...
10%+ Yields: Why Morgan Stanley Direct Lending Is The New Blackstone Secured Lending
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Blackstone Secured Lending Fund (BXSL) Q3 2024 Earnings Call Transcript
Blackstone Secured Lending Fund (NYSE:BXSL) Q3 2024 Results Conference Call November 12, 2024 9:30 AM ET Company Participants Stacy Wang - Head, Stakeholder Relations Brad Marshall - Chairman and Co-...
Blackstone Secured Lending Fund Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE: BXSL or the “Company”) today reported its third quarter 2024 results. Brad Marshall and Jonathan Bock, Co-Chief Executive Officers of ...