Blackstone Secured Lending Fund (BXSL) Expected to Announce Quarterly Earnings on Wednesday

Posted by Dante Gardener on Feb 19th, 2025

Blackstone Secured Lending Fund (NYSE:BXSL – Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect Blackstone Secured Lending Fund to post earnings of $0.86 per share and revenue of $346.52 million for the quarter.

Blackstone Secured Lending Fund Stock Up 1.5 %

Shares of NYSE BXSL opened at $34.38 on Wednesday. The business’s 50 day moving average price is $32.66 and its two-hundred day moving average price is $31.27. The company has a market cap of $7.69 billion, a PE ratio of 9.55 and a beta of 0.43. Blackstone Secured Lending Fund has a twelve month low of $27.76 and a twelve month high of $34.57.

Wall Street Analysts Forecast Growth

BXSL has been the topic of several research reports. JPMorgan Chase & Co. upped their target price on Blackstone Secured Lending Fund from $33.00 to $33.50 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Wells Fargo & Company upped their target price on Blackstone Secured Lending Fund from $29.00 to $31.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 29th. Finally, Compass Point decreased their target price on Blackstone Secured Lending Fund from $33.50 to $32.25 and set a “buy” rating on the stock in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Blackstone Secured Lending Fund presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.13.

View Our Latest Stock Report on BXSL

Blackstone Secured Lending Fund Company Profile

(Get Free Report)

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).