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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 $30.81, down 1.94% from the previous day, and has increased 21.35% in one year. It has underperformed other stocks in the Asset Management industry by 0.04 percentage points. Blackstone Secured Lending Fund stock is currently +29.35% from its 52-week low of $23.82, and -2.84% from its 52-week high of $31.71.

As of Mar 27, 2024, there are 191.6M BXSL shares outstanding. The market capitalization of BXSL is $5.90B. In the last 24 hours, 1.16M 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 pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out 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 identified.
  3. Deposit money your brokerage account: Choose your payment method and add your info.
  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 research tools can help you figure out 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 given price.
  6. Monitor your BXSL position: Create a watchlist to get the latest news on your new investment in Blackstone Secured Lending Fund stock.

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

You need an online brokerage account to access the NYSE market and buy BXSL shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the right brokerage, you need to fill out some personal information so you can invest in BXSL stock today.

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Step 3: Deposit money your brokerage account

Now that you've opened your account on the stock trading app, your next step is to transfer the money for your investment:

Check out this video walkthrough to see the process of depositing money into your new brokerage account.

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Step 4: Evaluate Blackstone Secured Lending Fund stock

After you have decided on the best place to buy Blackstone Secured Lending Fund stock, it's absolutely critical to research their stock before you invest, so you can wrap your head around the risk and opportunity.

Blackstone Secured Lending Fund shares at a glance

BXSL Price
$30.81
1w %
0.52%
1y %
21.35%
5y %
N/A
P/E
8.44x
P/B
1.19x
P/S
4.52x
PEG
3.02x
Revenue
$1.14B
Earnings
$611.95M
Fore. Rev. Growth
7.48%
Fore. Earn. Growth
N/A
Market Cap
$5.90B
Next Earnings
May 9, 2024
Next Dividend
N/A

Fundamentals of Blackstone Secured Lending Fund

WallStreetZen was built to help average investors perform better 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?

You can use many financial metrics, analyses, models, and charts to gauge BXSL's fair value.

Using relative valuations methods:

  • BXSL could be undervalued based on its P/E ratio of 8.44x, relative to Asset Management industry P/E ratio of 32.02x
  • BXSL may be undervalued based on its P/B ratio of 1.19x, relative to Asset Management industry P/B ratio of 2.45x
  • BXSL could be overvalued based on its PEG ratio of 3.02x

You can access more valuation research on BXSL's stock here.

BXSL Financial Summary

Passed Financial Due Diligence Checks:

  • Total BXSL debt is lower than 5 years ago, relative to shareholder equity.
  • BXSL profit margin has gone up from 47.6% to 53.5% in the past year.

Failed Financial Due Diligence Checks:

  • BXSL earnings of $895.17M is not sufficient to cover its interest payments.
  • BXSL has a relatively high debt to equity ratio of 1.05.
  • BXSL's operating cash flow of $458.82M allows it to safely service it's debt of $4.91B.

Is it a good time to buy BXSL stock, according to analysts?

Out of 4 sell side analysts who research 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 dig deeper into what analysts are forecasting on the Blackstone Secured Lending Fund stock forecast page.

Metrics for Advanced BXSL Traders

SMA10
30.77
SMA20
30.45
SMA50
29.46
SMA100
28.77
SMA200
28.07
MACD
0.47
MACD Signal
0.46
MACD Histogram
0.01
RSI
59.56
Stochastic %K
70.83
Stochastic %D
81.82
StochRSI %K
53.85
StochRSI %D
61.31

BXSL Performance Metrics

Last year, BXSL earnings were $611.95M. Over the past 4 year, BXSL's earnings have increased by 3.83% per year. This was slower than the Asset Management industry average of 7.13%.

Last year, BXSL revenue was $1.14B. Over the past five year, BXSL's revenue has increased by 224.58% per year. This was faster than the Asset Management industry average of 20.13%.

Find out more about BXSL's earnings and revenue performance here.

Are BXSL executives and large shareholders buying or selling the stock?

In the last 12 months, executives and large shareholders at BXSL have bought more shares than they have sold.

Carlos Whitaker, President of BXSL, was the latest BXSL insider to buy. They bought $100,023.60 worth of BXSL shares on May 26, 2023.

Learn more about who owns BXSL stock here.

Does BXSL provide a stable income stream?

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

BXSL Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your BXSL purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price, place a limit order.

Hit the Open button and your broker will execute the order.

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Step 6: Monitor your BXSL position

Now that you own some shares in BXSL, you'll want to keep up with your company.

Add BXSL to a watchlist to keep tabs on your BXSL stock.

BXSL Feed

How to Buy Stock in Blackstone Secured Lending Fund

To reiterate, here are the 6 steps for buying Blackstone Secured Lending Fund stock:

  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 need a place to buy stocks, eToro is our recommended venue.

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.

If you want to track your investment in Blackstone Secured Lending Fund, add BXSL to your watchlist below.

NYSE: BXSL
$30.81-0.61 (-1.94%)
Updated Mar 27, 2024
Open eToro Account
NYSE: BXSL
$30.81-0.61 (-1.94%)
Updated Mar 27, 2024
Open eToro Account

FAQ

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

As of Mar 27, 2024, it costs $30.81 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 0.325 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.