A look into Blackstone Secured Lending Fund. (BXSL)’s deeper side

With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.94 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $30.02 whereas the lowest price it dropped to was $29.55. The 52-week range on BXSL shows that it touched its highest point at $32.67 and its lowest point at $25.83 during that stretch. It currently has a 1-year price target of $32.29. With its current market cap of 6.03 billion, BXSL has annualized dividend of $3.08 while the current yield stands at 10.27%. Beta for the stock currently stands at 0.46.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BXSL was up-trending over the past week, with a rise of 0.60%, but this was down by -2.19% over a month. Three-month performance dropped to -3.91% while six-month performance rose 1.32%. The stock gained 8.54% in the past year, while it has gained 8.50% so far this year. A look at the trailing 12-month EPS for BXSL yields 3.86 with Next year EPS estimates of 3.29. For the next quarter, that number is 0.89. This implies an EPS growth rate of 49.90% for this year and -7.19% for next year. EPS is expected to decline by -7.30% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 190.80%.

Float and Shares Shorts:

At present, 200.97 million BXSL shares are outstanding with a float of 184.84 million shares on hand for trading. On 2023-09-29, short shares totaled 0.39 million, which was 23.0 higher than short shares on 1693440000. In addition to Mr. Brad Marshall as the firm’s Chairman & Co-CEO, Mr. Jonathan Gerald Bock CFA serves as its Co-Chief Exec. Officer.

Institutional Ownership:

Through their ownership of 0.39235002 of BXSL’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BXSL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.