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How to Buy Blackstone Secured Lending Fund Stock

Blackstone Secured Lending Fund

Blackstone Secured Lending Fund is a asset management company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker BXSL on the NYSE exchange.

Blackstone Secured Lending Fund stock last closed at $30.30, down 0.75% from the previous day, and has increased 9.74% in one year. It has underperformed other stocks in the Asset Management industry by 0.01 percentage points. Blackstone Secured Lending Fund stock is currently +17.31% from its 52-week low of $25.83, and -7.25% from its 52-week high of $32.67.

There are currently 192.44M BXSL shares outstanding. The market value of BXSL is $5.83B. In the past 24 hours, 895,977 BXSL shares were traded.

How to Buy Blackstone Secured Lending Fund Stock

Wondering how to invest in Blackstone Secured Lending Fund stock? Here's how.
  1. Figure out where to buy Blackstone Secured Lending Fund stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Blackstone Secured Lending Fund stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Pick your payment method and add your details.
  4. Evaluate Blackstone Secured Lending Fund stock: The Blackstone Secured Lending Fund ticker symbol is BXSL. Is Blackstone Secured Lending Fund stock a good investment? Should you buy shares of BXSL? How do BXSL's underlying business fundamentals look? Do top analysts think Blackstone Secured Lending Fund is a good buy? Why has BXSL's stock price moved recently? (Hint: Our stock market analysis website can help you decide if BXSL is a good stock to buy).
  5. Make your BXSL purchase: Decide if you will purchase BXSL shares at the current market price or use a limit order to purchase BXSL stock at a specific price.
  6. Monitor your BXSL position: Create a watchlist to watch your investment in Blackstone Secured Lending Fund stock.

Step 1: Figure out where to buy Blackstone Secured Lending Fund stock

You need a brokerage account in order to access the NYSE market and buy BXSL stock.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected the best brokerage, you need to fill out some personal details so you can buy BXSL stock today.

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Step 3: Deposit money your brokerage account

Now that you've filled out your info on one of the best stock market apps, your next step is to transfer the money for your investment:

Check out the tutorial below for more details depositing money into your brokerage account.

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Step 4: Evaluate Blackstone Secured Lending Fund stock

Once you have selected the best place to buy Blackstone Secured Lending Fund stock, it's absolutely critical to evaluate their stock before you invest, so you can understand the risk and upside.

Overview of key BXSL info

BXSL Price
$30.30
1w %
-1.62%
1y %
9.74%
5y %
N/A
P/E
8.08x
P/B
1.13x
P/S
4.88x
PEG
N/A
Revenue
$1.18B
Earnings
$656.91M
Fore. Rev. Growth
5.55%
Fore. Earn. Growth
-5.01%
Market Cap
$5.83B
Next Earnings
Sep 13, 2024
Next Dividend
N/A

Fundamentals of BXSL

WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on BXSL's stock page.

How is BXSL stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BXSL's true value.

Using relative valuations methods:

  • BXSL may be undervalued based on its P/E ratio of 8.08x, relative to Asset Management industry P/E ratio of 29.23x
  • BXSL could be undervalued based on its P/B ratio of 1.13x, relative to Asset Management industry P/B ratio of 2.53x

You can do additional valuation analysis on BXSL's stock here.

How do BXSL Financials look?

Passed Financial Due Diligence Checks:

  • BXSL profit margin has gone up from 46.9% to 55.6% in the past year.

Failed Financial Due Diligence Checks:

  • BXSL has a relatively high debt to equity ratio of 1.08.
  • Total BXSL debt is higher than 5 years ago, relative to shareholder equity.

Do Wall Street analysts think it's a good time to buy BXSL stock

Out of 4 Equities analysts who give recommendations on BXSL, the consensus analyst rating on BXSL is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are forecasting on the Blackstone Secured Lending Fund stock forecast page.

BXSL Technicals

SMA10
30.84
SMA20
31.12
SMA50
31.2
SMA100
31.01
SMA200
29.48
MACD
-0.22
MACD Signal
-0.12
MACD Histogram
-0.1
RSI
37.11
Stochastic %K
8.22
Stochastic %D
10.94
StochRSI %K
14.47
StochRSI %D
18.11

Is BXSL Growing Revenue?

Last year, BXSL earnings were $656.91M. Over the past 3 year, BXSL's earnings have increased by -73.56% per year. This was slower than the Asset Management industry average of 20.82%.

Last year, BXSL revenue was $1.18B. Over the past 4 year, BXSL's revenue has increased by 53.5% per year. This was faster than the Asset Management industry average of 22.03%.

Dive into BXSL's earnings and revenue performance here.

Latest Insiders Trades at BXSL

Over the last year, insiders at BXSL have not bought or sold any shares.

Get more info about who owns BXSL stock here.

Can I rely on BXSL as an income stream?

No, Blackstone Secured Lending Fund doesn't provide an income stream by paying out dividends.

BXSL Social Trading Data

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Make your BXSL purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.

Click the Open button and eToro will execute the order.

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Step 6: Monitor your BXSL position

Now that you own some BXSL stock, you'll want to stay up-to-date on your shares.

Start a watchlist to monitor your BXSL stock.

BXSL Feed

How to Buy Stock in Blackstone Secured Lending Fund

To summarize, here are the 6 steps to buy stock in Blackstone Secured Lending Fund:

  1. Figure out where to buy Blackstone Secured Lending Fund stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Blackstone Secured Lending Fund stock
  5. Make your BXSL purchase
  6. Monitor your BXSL position

If you require a online brokerage, eToro is our favorite option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your investment in Blackstone Secured Lending Fund, create a watchlist today.

NYSE: BXSL
$30.30-0.23 (-0.75%)
Updated Jul 17, 2024
Open eToro Account
NYSE: BXSL
$30.30-0.23 (-0.75%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Blackstone Secured Lending Fund share?

As of Jul 17, 2024, it costs $30.30 to buy one share of Blackstone Secured Lending Fund stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.33 shares of BXSL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Blackstone Secured Lending Fund stock?

According to 4 Wall Street analysts who monitor Blackstone Secured Lending Fund, their consensus recommendation is to buy Blackstone Secured Lending Fund stock.

What is the best way to buy Blackstone Secured Lending Fund stock?

One way to place an order for Blackstone Secured Lending Fund stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.