Blackstone Secured Lending Fund (BXSL)

NYSE: BXSL · IEX Real-Time Price · USD
32.09
+0.28 (0.88%)
At close: Apr 26, 2024, 4:00 PM
32.10
+0.01 (0.03%)
After-hours: Apr 26, 2024, 7:35 PM EDT
0.88%
Market Value 6.15B
Revenue (ttm) 491.36M
Net Income (ttm) -9.28M
Shares Out 191.60M
EPS (ttm) -0.01
PE Ratio n/a
Forward PE 8.40
Dividend $3.08 (9.60%)
Ex-Dividend Date Mar 27, 2024
Volume 1,025,509
Open 31.92
Previous Close 31.81
Day's Range 31.86 - 32.29
52-Week Range 24.83 - 32.28
Beta n/a
Analysts Strong Buy
Price Target 28.25 (-11.97%)
Earnings Date Nov 8, 2023

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]

Sector Financials
Founded 2018
Country United States
Stock Exchange NYSE
Ticker Symbol BXSL
Full Company Profile

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 -11.97% from the latest price.

Price Target
$28.25
(-11.97% downside)
Analyst Consensus: Strong Buy

News

Blackstone Secured Lending Announces First Quarter 2024 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE: BXSL) (the “Company”) announced today that it will host its first quarter 2024 investor conference call via public webcast on May 8, 2...

13 days ago - Business Wire

Blackstone Secured Lending Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that it will host its fourth quarter and full year 2023 investor conference call via public webca...

3 months ago - Business Wire

Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says

Ares Capital Corp. and Sixth Street Specialty Lending Inc. held onto the highest debt ratings among the 21 business development companies covered by Fitch Ratings, amid expectations that the sector wi...

5 months ago - Market Watch

Blackstone Secured Lending Fund Announces 2023 Investor Day

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) announced today that it will host a public Investor Day on Thursday, December 7, 2023 in New York. The event, which will begin at...

6 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that it will host its third quarter investor conference call via public webcast on November 8, 20...

6 months ago - Business Wire

Blackstone Secured Lending Fund Prices Public Offering of Common Shares

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company” or “BXSL”) announced today that it has priced a public offering of 6,500,000 shares of its common shares of benefi...

9 months ago - Business Wire

Blackstone Secured Lending Fund Announces Public Offering of Common Shares

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company” or “BXSL”) announced today that it has launched a public offering of 6,500,000 shares of its common shares of bene...

9 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that it will host its second quarter investor conference call via public webcast on August 9, 202...

9 months ago - Business Wire

Blackstone Secured Lending Fund Announces Increase in Quarterly Distribution

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE: BXSL) to increase quarterly distribution to $0.77 per share. As a result of continued strong earnings, low fee structure, and the qual...

11 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that it will host its first quarter investor conference call via public webcast on May 10, 2023 a...

1 year ago - Business Wire

Blackstone Secured Lending Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that it will host its fourth quarter and full year 2022 investor conference call via public web...

1 year ago - Business Wire

Blackstone Expands Leadership Team in Growing Private Credit Business

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced that Brad Marshall, who has been leading the firm's direct lending efforts for nearly 17 years, has been promoted to Global Head of P...

Other symbols: BX
1 year ago - Business Wire

Blackstone Secured Lending Announces Third Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that it will host its third quarter investor conference call via public webcast on November 10, 2...

1 year ago - Business Wire

Blackstone Credit Increases Regular Distributions for BDCs

NEW YORK--(BUSINESS WIRE)--Blackstone Credit today announced the increases of the regular distributions of Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (NYSE: BXSL), its ...

1 year ago - Business Wire

Blackstone Secured Lending Announces Second Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that it will host its second quarter investor conference call via public webcast on August 11, 20...

1 year ago - Business Wire

Michelle Greene Joins Board of Trustees of Blackstone Credit BDCs

NEW YORK--(BUSINESS WIRE)--Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (BXSL), Blackstone Credit's business development companies (BDCs), today announced the appointment...

Other symbols: BX
2 years ago - Business Wire

Blackstone Secured Lending Announces First Quarter 2022 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that it will host its first quarter investor conference call via public webcast on May 12, 2022 a...

2 years ago - Business Wire

Blackstone Secured Lending to Present at the 2022 RBC Capital Markets Global Financial Institutions Conference

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that Brad Marshall, CEO of the Company, is scheduled to present at the 2022 RBC Capital Markets G...

2 years ago - Business Wire

Blackstone Secured Lending Announces Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company”) announced today that it will host its fourth quarter and full year 2021 investor conference call via public webca...

2 years ago - Business Wire

Janney assigns neutral rating to Blackstone Secured Lending Fund

Janney Montgomery Scott analyst John Rowan on Friday initiated coverage of Blackstone Secured Lending Fund BXSL, +4.42% with a neutral rating and a fair value estimate of $30 a share. The rating comes...

2 years ago - Market Watch

Blackstone Secured Lending Reports Third Quarter 2021 Net Investment Income Per Share of $0.63 and Net Asset Value Per Share of $26.15

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending (NYSE: BXSL; “BXSL” or the “Company”) today announced financial results for the third quarter ended September 30, 2021, with net investment income...

2 years ago - Business Wire

Blackstone Secured Lending Fund Announces Underwriters Fully Exercised the Overallotment Option

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (NYSE: BXSL), a business development company externally managed by Blackstone Credit BDC Advisors LLC, today announced that the underwriters ...

2 years ago - Business Wire

Blackstone Secured Lending Fund Prices Initial Public Offering

NEW YORK--(BUSINESS WIRE)--Blackstone Secured Lending Fund (“BXSL”), a business development company externally managed by Blackstone Credit BDC Advisors LLC, today announced that it priced its initial...

2 years ago - Business Wire