BXSLBXSL presents a compelling investment case with a strong focus on income generation and a solid dividend yield. While its valuation appears reasonable, recent performance indicates a slight uptick. Investors should consider the specific nature of BDCs and their sensitivity to interest rate environments.
Blackstone Secured Lending Fund operates within the business development company (BDC) sector, which is influenced by credit markets and the demand for financing for middle-market companies. Thematic relevance is tied to economic growth and the availability of private credit.
BXSL demonstrates solid profitability and a consistent dividend payout. The valuation metrics are within a reasonable range, especially considering its yield. However, recent negative free cash flow should be monitored.
The stock is trading within a range, with recent price action showing some volatility. While not showing strong trending signals, it is below key moving averages, suggesting a cautious short-term outlook.
| Factor | Score |
|---|---|
| Private Credit Demand | 75 |
| Interest Rate Sensitivity | 60 |
| Economic Growth Correlation | 70 |
| Diversified Lending Portfolio | 80 |
| External Management by Blackstone | 75 |
| Factor | Score |
|---|---|
| Valuation | 70 |
| Profitability | 95 |
| Growth | 70 |
| Balance Sheet Health | 65 |
| Cash Flow | 30 |
| Dividend Yield | 90 |
| Factor | Score |
|---|---|
| Trend Analysis | 40 |
| Momentum | 45 |
| Volume Confirmation | 60 |
| Support & Resistance | 70 |
| Technical Oscillators | 60 |
Consistent Earnings Beat
The company has exceeded EPS estimates in 7 out of the last 10 quarters, demonstrating consistent operational execution and strong earnings potential.
Undervalued Growth Potential
The P/E TTM of 10.30 is below the industry average, and with a PEG ratio of approximately 0.95 (derived from EPS growth estimates and P/E), it suggests the stock may be undervalued relative to its earnings growth prospects.
High Quarterly P/E and P/S Ratios
Quarterly P/E ratios, particularly in Q1 2025 (48.4) and Q4 2024 (43.5), are significantly elevated, and quarterly P/S ratios are also high, suggesting the stock might be overvalued on a short-term basis and potentially vulnerable to corrections if growth expectations are not met.
Slowing Revenue Growth (Quarterly)
Quarterly revenue shows fluctuations and in some instances, a slowdown compared to previous periods (e.g., Q4 2024 revenue of 164.7M compared to Q2 2024 revenue of 207.6M), which could signal potential headwinds.
June 2025
30
Ex-Dividend Date
July 2025
25
Next Dividend Date
August 2025
5
Next Earnings Date
H: $0.83
A: $0.79
L: $0.76
H: 364.87M
A: 353.55M
L: 339.60M
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). 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 Revenue Code of 1986, as amended (the Code). The fund also intends to continue to comply with the requirements prescribed by the Code in order to maintain tax treatment as a RIC. The fund's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The Fund seeks to achieve its investment objective primarily through originated loans, equity and other securities, including syndicated loans, of private U.S. companies, specifically small and middle market companies, typically in the form of first lien senior secured and unitranche loans (including first out/last out loans), and to a lesser extent, second lien, third lien, unsecured and subordinated loans and other debt and equity securities.
31.71 USD
The 39 analysts offering 1 year price forecasts for BXSL have a max estimate of 35.00 and a min estimate of 27.00.