B. Riley Has Optimistic Outlook of BXSL FY2025 Earnings

Blackstone Secured Lending Fund (NYSE:BXSL) – Stock analysts at B. Riley upped their FY2025 earnings per share (EPS) estimates for Blackstone Secured Lending Fund in a research note issued to investors on Tuesday, November 11th. B. Riley analyst S. Adams now anticipates that the company will post earnings per share of $3.21 for the year, up from their previous estimate of $3.18. B. Riley currently has a “Buy” rating and a $30.00 target price on the stock. The consensus estimate for Blackstone Secured Lending Fund’s current full-year earnings is $3.54 per share. B. Riley also issued estimates for Blackstone Secured Lending Fund’s Q1 2026 earnings at $0.75 EPS, Q2 2026 earnings at $0.74 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.73 EPS and FY2026 earnings at $2.96 EPS.

Blackstone Secured Lending Fund (NYSE:BXSL) last announced its quarterly earnings results on Monday, November 10th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.80 by $0.02. The company had revenue of $358.56 million for the quarter, compared to analyst estimates of $353.55 million. Blackstone Secured Lending Fund had a net margin of 42.38% and a return on equity of 11.85%.

A number of other research analysts have also weighed in on the company. Zacks Research raised Blackstone Secured Lending Fund from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Royal Bank Of Canada cut their price objective on shares of Blackstone Secured Lending Fund from $32.00 to $29.00 and set an “outperform” rating on the stock in a report on Wednesday. Wall Street Zen downgraded shares of Blackstone Secured Lending Fund from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. JPMorgan Chase & Co. reduced their price target on shares of Blackstone Secured Lending Fund from $30.50 to $29.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 1st. Finally, UBS Group dropped their price target on shares of Blackstone Secured Lending Fund from $31.00 to $28.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 14th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $29.78.

Blackstone Secured Lending Fund Trading Down 0.6%

Shares of Blackstone Secured Lending Fund stock traded down $0.17 during trading hours on Thursday, hitting $26.60. 164,979 shares of the company were exchanged, compared to its average volume of 1,368,127. Blackstone Secured Lending Fund has a 1 year low of $24.85 and a 1 year high of $34.64. The business has a 50-day moving average of $26.92 and a 200-day moving average of $29.56. The stock has a market capitalization of $6.12 billion, a price-to-earnings ratio of 10.02 and a beta of 0.42.

Blackstone Secured Lending Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Wednesday, December 31st will be given a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 11.6%. The ex-dividend date is Wednesday, December 31st. Blackstone Secured Lending Fund’s payout ratio is 115.79%.

Insider Buying and Selling

In related news, insider Robert J. Bass bought 3,760 shares of the business’s stock in a transaction on Monday, October 6th. The shares were purchased at an average price of $26.63 per share, with a total value of $100,128.80. Following the completion of the purchase, the insider owned 21,167 shares of the company’s stock, valued at $563,677.21. This represents a 21.60% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Institutional Trading of Blackstone Secured Lending Fund

Several institutional investors and hedge funds have recently bought and sold shares of BXSL. Chicago Partners Investment Group LLC lifted its stake in shares of Blackstone Secured Lending Fund by 5.0% during the 1st quarter. Chicago Partners Investment Group LLC now owns 7,487 shares of the company’s stock worth $222,000 after buying an additional 357 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Blackstone Secured Lending Fund by 45.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,270 shares of the company’s stock valued at $41,000 after purchasing an additional 395 shares during the last quarter. FLC Capital Advisors grew its position in Blackstone Secured Lending Fund by 2.8% during the 2nd quarter. FLC Capital Advisors now owns 14,715 shares of the company’s stock worth $452,000 after acquiring an additional 405 shares during the last quarter. Aviso Wealth Management grew its holdings in shares of Blackstone Secured Lending Fund by 1.1% during the first quarter. Aviso Wealth Management now owns 39,492 shares of the company’s stock worth $1,278,000 after purchasing an additional 423 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its holdings in shares of Blackstone Secured Lending Fund by 5.9% during the third quarter. Prime Capital Investment Advisors LLC now owns 7,704 shares of the company’s stock worth $201,000 after purchasing an additional 430 shares during the period. Institutional investors own 36.49% of the company’s stock.

Blackstone Secured Lending Fund Company Profile

Blackstone Secured Lending Fund is 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).