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Upturn AI SWOT - About
BXSL 
Blackstone Secured Lending Fund (BXSL)
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Upturn Advisory Summary
09/17/2025: BXSL (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $31.6
1 Year Target Price $31.6
| 4 | Strong Buy |
| 2 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 30.3% | Avg. Invested days 64 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/17/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.34B USD | Price to earnings Ratio 9.8 | 1Y Target Price 31.6 |
Price to earnings Ratio 9.8 | 1Y Target Price 31.6 | ||
Volume (30-day avg) 9 | Beta 0.48 | 52 Weeks Range 25.25 - 33.00 | Updated Date 09/17/2025 |
52 Weeks Range 25.25 - 33.00 | Updated Date 09/17/2025 | ||
Dividends yield (FY) 11.10% | Basic EPS (TTM) 2.81 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 44.26% | Operating Margin (TTM) 78.88% |
Management Effectiveness
Return on Assets (TTM) 5.47% | Return on Equity (TTM) 10.6% |
Valuation
Trailing PE 9.8 | Forward PE 9.63 | Enterprise Value 13157488640 | Price to Sales(TTM) 4.53 |
Enterprise Value 13157488640 | Price to Sales(TTM) 4.53 | ||
Enterprise Value to Revenue 20.3 | Enterprise Value to EBITDA - | Shares Outstanding 230232992 | Shares Floating - |
Shares Outstanding 230232992 | Shares Floating - | ||
Percent Insiders 8.74 | Percent Institutions 43.83 |
Upturn AI SWOT
Blackstone Secured Lending Fund
Company Overview
History and Background
Blackstone Secured Lending Fund (BXSL) was formed to invest primarily in the debt of private U.S. companies. It is externally managed by Blackstone Credit BDC Advisors LLC, an affiliate of Blackstone Inc., a leading global alternative asset manager. It began operations in 2021.
Core Business Areas
- Direct Lending: BXSL provides first lien senior secured loans to middle-market companies. These loans often fund acquisitions, growth, or recapitalizations.
Leadership and Structure
Jonathan Bock serves as the Chief Executive Officer of Blackstone Secured Lending Fund. The fund is externally managed by Blackstone Credit BDC Advisors LLC, a subsidiary of Blackstone Inc. The board of directors oversees the fund's activities.
Top Products and Market Share
Key Offerings
- First Lien Senior Secured Loans: BXSL's primary offering is providing senior secured loans to middle-market companies. This segment is highly competitive, with many private credit funds and banks participating. Market share data is difficult to pinpoint precisely, but BXSL is a significant player in the direct lending space. Competitors include Ares Capital, Golub Capital, and Owl Rock Capital.
Market Dynamics
Industry Overview
The direct lending industry continues to grow as banks reduce their lending to middle-market companies. Increasing interest rates have improved lending margins for this industry and created headwinds for borrowers with floating rate debt.
Positioning
BXSL is positioned as a leading direct lender with the backing and resources of Blackstone, one of the world's largest alternative asset managers. This association provides access to deal flow and capital, allowing BXSL to compete effectively.
Total Addressable Market (TAM)
The total addressable market for private credit is estimated to be in the trillions of dollars. BXSL is well-positioned to capitalize on this large market opportunity through its relationship with Blackstone.
Upturn SWOT Analysis
Strengths
- Strong backing from Blackstone
- Experienced management team
- Disciplined investment approach
- Access to deal flow
- Diversified portfolio
Weaknesses
- External management structure
- Dependence on Blackstone
- Potential for conflicts of interest
- Exposure to credit risk
- Relatively short operating history (founded in 2021).
Opportunities
- Continued growth in the direct lending market
- Increasing demand for private credit
- Potential acquisitions and strategic partnerships
- Expansion into new markets
- Rising interest rate environment beneficial to existing floating-rate loans.
Threats
- Economic downturn
- Increased competition
- Rising interest rates (impact on borrowers)
- Regulatory changes
- Credit losses
Competitors and Market Share
Key Competitors
- ARCC
- GOLU
- ORCC
Competitive Landscape
BXSL benefits from Blackstone's brand and deal flow but faces competition from established BDCs like Ares Capital, Golub Capital, and Owl Rock Capital. Their relative strengths depend on portfolio performance, capital deployment, and funding costs.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by increased deployments and the increasing demand for private credit. Consult investor presentations for specific deployment numbers.
Future Projections: Analyst estimates suggest continued growth as the company continues to deploy capital and the private credit market expands. Forecasts vary across analysts. Review analyst reports for specific expectations.
Recent Initiatives: Recent initiatives include strategic deployments in new sectors and partnerships. Check investor releases and company presentations.
Summary
Blackstone Secured Lending Fund is a key player in the direct lending market, benefiting from Blackstone's resources. It maintains a strong dividend yield with exposure to credit risk, competition, and economic cycles. Growth hinges on continued successful deployment and management of its loan portfolio, as well as Blackstone's continued involvement and investment decisions. The company must be diligent about defaults and potential conflicts of interest related to its external management structure.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- Analyst Reports
- Third-party financial data providers
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Market share data is approximate and based on available information; actual market shares may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Blackstone Secured Lending Fund
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2021-10-28 | Trustee, Chairman & Co-CEO Mr. Brad Marshall | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website https://www.bxsl.com |
Full time employees - | Website https://www.bxsl.com | ||
Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). In addition, the Fund elected to be treated for U.S. federal income tax purposes, as a regulated investment company ("RIC"), as defined under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"). The fund also intends to continue to comply with the requirements prescribed by the Code in order to maintain tax treatment as a RIC. The fund's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The Fund seeks to achieve its investment objective primarily through originated loans, equity and other securities, including syndicated loans, of private U.S. companies, specifically small and middle market companies, typically in the form of first lien senior secured and unitranche loans (including first out/last out loans), and to a lesser extent, second lien, third lien, unsecured and subordinated loans and other debt and equity securities.
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