
BXSL Stock Forecast & Price Target
BXSL Analyst Ratings
Bulls say
Blackstone Secured Lending Fund demonstrated a robust financial performance with a total investment income increase of $14 million, reflecting a 4.7% year-over-year growth driven by heightened interest income from portfolio expansion. The fund experienced significant portfolio growth during the quarter, evidenced by total fundings rising by approximately 90% and net fundings increasing by 65% from the previous quarter, underscoring strong origination activity. Additionally, the fund's average dividend coverage of around 120% over the past three years, coupled with improved spreads on new deals and a substantial portion of first-lien senior secured loans, presents a favorable outlook for sustained earnings growth and financial stability.
Bears say
Blackstone Secured Lending Fund has experienced a decrease in net asset value (NAV) per share, dropping by $0.18 to $27.15, largely attributable to net realized and unrealized losses of $0.25 per share. Concurrently, forecasts indicate a significant decline in net investment income (NII) per share, driven by an anticipated compression in the portfolio's weighted-average yield from 10.3% to 9.1% over the next five quarters. Additionally, challenges in accessing capital markets may hinder the company's growth potential and financial support for its portfolio companies, further pressuring earnings and leading to potential declines in dividends and stock price.
This aggregate rating is based on analysts' research of Blackstone Secured Lending Fund and is not a guaranteed prediction by Public.com or investment advice.
BXSL Analyst Forecast & Price Prediction
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