Bxsl stock price

The market expects Blackstone Secured Lending Fund (BXSL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. Blackstone Secured Lending Fund ( NYSE:BXSL - Get Free Report ) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.04). The company had revenue of $344.80 million during the quarter, compared to analyst estimates of $353.55 million. Blackstone Secured Lending Fund had a net margin of 44.25% and a return on equity of 12.07%. On average, sell-side analysts forecast that Blackstone Secured Lending Fund will post 3.54 EPS for the current fiscal year. Institutional Trading of Blackstone Secured Lending Fund A number of large investors have recently bought and sold shares of BXSL. Fiduciary Alliance LLC acquired a new position in Blackstone Secured Lending Fund in the first quarter valued at approximately $324,000. Amplius Wealth Advisors LLC raised its holdings in shares of Blackstone Secured Lending Fund by 2.4% in the first quarter. Amplius Wealth Advisors LLC now owns 511,802 shares of the company's stock valued at $16,562,000 after purchasing an additional 11,920 shares during the last quarter. Magnus Financial Group LLC lifted its position in shares of Blackstone Secured Lending Fund by 14.5% during the first quarter. Magnus Financial Group LLC now owns 29,722 shares of the company's stock valued at $962,000 after purchasing an additional 3,754 shares in the last quarter. SeaCrest Wealth Management LLC boosted its holdings in Blackstone Secured Lending Fund by 40.7% during the first quarter. SeaCrest Wealth Management LLC now owns 9,152 shares of the company's stock worth $296,000 after purchasing an additional 2,649 shares during the last quarter. Finally, Wealthcare Capital Partners LLC purchased a new stake in Blackstone Secured Lending Fund in the 1st quarter valued at about $511,000. 36.49% of the stock is currently owned by institutional investors and hedge funds. 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). Featured Articles Five stocks we like better than Blackstone Secured Lending Fund What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story Marvell Soars on +$6B in Buybacks—Can the Recovery Continue? Short Selling - The Pros and Cons Is Intuitive Surgical the Hidden Winner in Healthcare’s Weakness? What Are Trending Stocks? Trending Stocks Explained Lithium Americas Stock Exploded Last Week—Here’s Why This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Blackstone Secured Lending Fund Right Now? Before you consider Blackstone Secured Lending Fund, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blackstone Secured Lending Fund wasn't on the list. While Blackstone Secured Lending Fund currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Reduce the Risk Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio. Get This Free Report Historically, such levels have preceded multi-week rallies when macro liquidity remains favorable. Sector peers show similar bullish setups.