Blackstone Secured Lending Fund (NYSE:BXSL) shares, rose in value on Friday, March 28, with the stock price down by -1.05% to the previous day’s close as strong demand from buyers drove the stock to $32.93.
Actively observing the price movement in the last trading, the stock closed the session at $33.28, falling within a range of $32.78 and $33.3499. The value of beta (5-year monthly) was 0.45 whereas the PE ratio was 9.54 over 12-month period. Referring to stock’s 52-week performance, its high was $34.64, and the low was $27.76. On the whole, BXSL has fluctuated by -0.60% over the past month.
With the market capitalization of Blackstone Secured Lending Fund currently standing at about $7.50 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25. The company’s Forward Dividend Ratio is 3.08, with its dividend yield at 9.35%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.47B, with a low estimate of 350.3M and a high estimate of 362.78M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 358.4M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BXSL’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of BXSL currently trading nearly 0.47% and -0.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.12, while the 7-day volatility ratio is showing 1.20% which for the 30-day chart, stands at 1.96%. Furthermore, Blackstone Secured Lending Fund (BXSL)’s beta value is 0.45, and its average true range (ATR) is 0.58.
A comparison of Blackstone Secured Lending Fund (BXSL) with its peers suggests the former has fared considerably weaker in the market. BXSL showed an intraday change of -1.05% in last session, and over the past year, it grew by 4.81%%.
Data on historical trading for Blackstone Secured Lending Fund (NYSE:BXSL) indicates that the trading volumes over the past 10 days have averaged 0.94 and over the past 3 months, they’ve averaged 1.05 million. According to company’s latest data on outstanding shares, there are 227.82 million shares outstanding.
Nearly 8.84% of Blackstone Secured Lending Fund’s shares belong to company insiders and institutional investors own 40.77% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.26 million shares as on 2025-03-14, resulting in a short ratio of 2.13. According to the data, the short interest in Blackstone Secured Lending Fund (BXSL) stood at 99.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.06 million. The stock has risen by 1.92% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BXSL stock heading into the next quarter.
