17-Jan-2025
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Business Wire (Wed, 11-Dec 4:52 PM ET)
Blackstone Secured Lending Fund Reports Third Quarter 2024 Results
Business Wire (Tue, 12-Nov 6:50 AM ET)
Blackstone Secured Lending Announces Third Quarter 2024 Earnings Release and Conference Call
Business Wire (Mon, 21-Oct 6:50 AM ET)
Blackstone Secured Lending Fund is a non-diversified, closed-end management investment company. The investment objectives of the company are to generate current income and, to a lesser extent, long-term capital appreciation. The company seeks to achieve its investment objectives through originated loans and other securities, including syndicated loans, of private U.S. companies, typically in the form of first lien senior secured and unitranche loans, and unsecured and subordinated loans and other debt and equity securities.
Blackstone Secured Lending Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol BXSL.
As of January 17, 2025, BXSL stock price declined to $32.59 with 821,451 million shares trading.
BXSL has a market cap of $7.06 billion. This is considered a Mid Cap stock.
Last quarter Blackstone Secured Lending Common Shares Of Beneficial Interest reported $343 million in Revenue and $.91 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.02.
In the last 3 years, BXSL traded as high as $33.48 and as low as $22.00.
The top ETF exchange traded funds that BXSL belongs to (by Net Assets): BIZD, PBDC, VPC.
BXSL has underperformed the market in the last year with a return of +26.4%, while SPY returned +28.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BXSL shares. However, BXSL has outperformed the market in the last 3 month and 2 week periods, returning +9.5% and +1.2%, while SPY returned +3.0% and +1.0%, respectively. This indicates BXSL has been having a stronger performance recently.
BXSL support price is $32.28 and resistance is $33.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BXSL shares will trade within this expected range on the day.