Is Blackstone Secured Lending Fund (BXSL) a Buy, Sell, or Hold?
Blackstone Secured Lending Fund
NYSE:BXSL
$23.48 USD
$0.11 (0.47%)
- Volume
- 918.93K
- Average Volume
- 2.12M
- Market Capitalization
- $5.46B
- P/E Ratio
- 12.29
- Dividend Yield
- 13.12%
- Price Target
- $25.25
- Year High
- $32.81
- Year Low
- $22.47
- Day High
- —
- Day Low
- —
- Payout Ratio
- $1.56
- Current Ratio
- $1.54
Industry, Sector & symbol
| Stock Exchange | NYSE |
| CEO | Brad Marshall |
| Industry | Asset Management |
| Sector | Financial Services |
| Current Symbol | BXSL |
| CUSIP | 09261X102 |
| CIK | 0001736035 |
| Web | https://www.bxsl.com |
| Phone | 212 503 2100 |
| Currency | USD |
| Employees | None |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 1.32 |
| Payout Ratio | 1.56 |
| Current Ratio | 1.54 |
| Quick Ratio | 1.54 |
| Cash Ratio | 1.19 |
Sales & Book Value
| Annual Sales | $1.27B |
| Price / Sales | 5.28 |
| Cash Flow | -2.73 |
| Price / Cash Flow | -8.62 |
| Price / Book | 0.89 |
Price Target and Rating
| Average Stock Price Forecast | $25.25 |
| High Stock Price Forecast | $26.00 |
| Low Stock Price Forecast | $24.50 |
| Forecast Upside/Downside | -7.01% |
| Consensus Rating | Neutral |
| Rating Score(0-5) | 3 |
| Research Coverage | 12 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $2.46 |
| Trailing P/E Ratio | 12.29 |
| PEG Ratio | -0.31 |
| P/E Growth | -0.31 |
| Net Income | $563.46M |
| Net Margin | 42.39% |
| Pretax Margin | 43.16% |
| Return on Equity | 7.05% |
| Return on Assets | 3.04% |
Financials Score
| AltmanZ Score | 0.63 |
| Piotroski Score | 3.00 |
| Working Capital | 158.08M |
| Total Assets | 14.44B |
| Ebit | 648.72M |
| Market Cap | 5.47B |
| Total Liabilities | 8.34B |
Poll Results
About Blackstone Secured Lending Fund (NYSE:BXSL) Stock
Blackstone Secured Lending Fund (BXSL) is a Delaware statutory trust, established on March 26, 2018, that operates as an externally managed, non-diversified closed-end investment fund. On October 26, 2018, it formally became regulated as a Business Development Company (BDC) under the Investment Company Act of 1940. Additionally, for U.S. federal income tax purposes, it has chosen and plans to retain its status as a Regulated Investment Company (RIC), as defined by Subchapter M of the Internal Revenue Code of 1986. The fund's core mission is to generate current income, complemented by a secondary focus on long-term capital appreciation. To achieve these goals, BXSL primarily invests in private U.S. small and middle-market companies. Its strategy centers on originating various debt and equit ... y securities, most notably first lien senior secured and unitranche loans (which encompass first out/last out structures). While these form the bulk of its holdings, the fund also selectively invests in syndicated loans, second lien, third lien, unsecured, and subordinated loans, as well as other debt and equity instruments.
BDC Dividends Face a Reckoning As Fed Rate Cuts Squeeze Earnings
2026-07-12 21:31:29
The VanEck BDC Income ETF (NYSEARCA:BIZD) just delivered a jolt to income investors: its July distribution came in at $0.24 per share, roughly half the $0.48 paid in April.
July Graham Value All-Stars (GVAS) Emit 10 Beaming Buys
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Blackstone Secured Lending: I'm Nervous About The Rise In Non-Accruals
2026-07-06 11:18:47
Blackstone Secured Lending has seen its dividend yield spike to 13% on the back of a sustained collapse in its stock over the last year. The dividend is 100% covered by NII of $0.77 per share for BXSL's fiscal 2026 first quarter. BXSL has seen an increase in its non-accrual rate. This was 3.1% of investments at fair value at the end of the first quarter, up from 0.1% a year ago.
1 Key Reason Why Income Investors Shouldn't Jump Into BDCs Just Yet
2026-07-02 07:30:00
Business Development Companies (BDCs), such as BIZD, offer high yields but carry elevated risk due to their lending to less stable small and medium businesses. Rising economic uncertainty and recent inflation spikes have increased the risk profile for BDCs, making their borrowers more vulnerable. Many BDCs have underperformed recently, resulting in even higher dividend yields and steep discounts, but these may not offset the underlying risks.
Blackstone Secured Lending: 13% Yield And Portfolio Evolution Make It A Buy
2026-06-26 07:45:40
Blackstone Secured Lending Fund trades at a 0.91x book value with a 12.9% yield, offering high income and downside protection. BXSL's portfolio is 97.6% first-lien secured debt, diversified across 316 companies, with strong credit ratings and conservative leverage at 1.32x. I maintain a 'Buy' rating on BXSL, citing its fully covered dividend, attractive risk/reward, and Blackstone's ability to pivot toward secular growth sectors.
2026-06-23 08:29:09
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 other BDC peers. BXSL remains cautious regarding 2026 dividend sustainability (along with most peers). 6 covered peers already reduced dividends during Q1-Q2 2026. A couple more cuts could occur during Q3-Q4 2026. A BXSL dividend cut during calendar Q3 2026 is not a 100% probability but the odds of a 2026 reduction remain likely (analyzing the forward yield curve).
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2026-06-09 15:00:52
Part 1 of this article compares BXSL's recent quarterly change in NAV, quarterly and trailing 24-month economic return, NII, and current valuation to 11 BDC peers. Part 1 also performs a comparative analysis between each company's investment portfolio as of 12/31/2025 and 3/31/2026. This includes an updated percentage of investments on non-accrual status. I also provide a list of the other BDC stocks I currently believe are undervalued (a buy recommendation), overvalued (a sell recommendation), or appropriately valued (a hold recommendation).
Frequently Asked Questions
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What is the current Blackstone Secured Lending Fund (BXSL) stock price?
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Blackstone Secured Lending Fund(NYSE:BXSL) stock price is $23.48 in the last trading session. During the trading session, BXSL stock reached the peak price of $32.81 while $22.47 was the lowest point it dropped to. The percentage change in BXSL stock occurred in the recent session was 0.47% while the dollar amount for the price change in BXSL stock was $0.11.
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BXSL's industry and sector of operation?
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The NYSE listed BXSL is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of BXSL?
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Brad Marshall | Chairman & Co-CEO
Jonathan Gerald Bock | Co-Chief Executive Officer
Katherine Rubenstein | Chief Operating Officer
Matthew Alcide | Chief Accounting Officer & Treasurer
Teddy Desloge | Chief Financial Officer -
How many employees does BXSL have?
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Number of BXSL employees currently stands at None. BXSL operates from 345 Park Avenue, New York City, NY 10154, US.
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Link for BXSL official website?
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Official Website of BXSL is: https://www.bxsl.com
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How do I contact BXSL?
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BXSL could be contacted at phone #212 503 2100 and can also be accessed through its website. BXSL operates from 345 Park Avenue, New York City, NY 10154, US.
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How many shares of BXSL are traded daily?
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The average number of BXSL shares traded daily for last 3 months was 2.12M.
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What is the market cap of BXSL currently?
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The market value of BXSL currently stands at $5.46B with its latest stock price at $23.48