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 $30.62, up 0.26% from the previous day, and has increased 21.12% in one year. It has overperformed other stocks in the Asset Management industry by 0.19 percentage points. Blackstone Secured Lending Fund stock is currently +22.24% from its 52-week low of $25.05, and -6.27% from its 52-week high of $32.67.
There are currently 192.44M BXSL shares outstanding. The market value of BXSL is $5.89B. In the past 24 hours, 880,036 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.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new trading account.
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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.
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
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 8.17x, relative to Asset Management industry P/E ratio of 28.21x
- BXSL could be undervalued based on its P/B ratio of 1.14x, relative to Asset Management industry P/B ratio of 2.43x
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
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 21.52%.
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 21.66%.
Dive into BXSL's earnings and revenue performance here.
Latest Insiders Trades at BXSL
Over the last year, insiders 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 stock on May 26, 2023.
Research more about who owns BXSL shares here.
Does BXSL stock generate passive income?
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 favorite brokerage is because of its social trading community.
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Step 5: Make your BXSL purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock 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 security at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, use a limit order.
Press the Open button and your broker will place your order.
If you want more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your BXSL position
Now that you own some shares in BXSL, you'll want to keep up with your investment.
Make a watchlist to track the most important metrics related to your BXSL stock.
BXSL Feed
How to Buy Stock in Blackstone Secured Lending Fund
To summarize, here are the 6 steps to buy Blackstone Secured Lending Fund stock:
- Figure out where to buy Blackstone Secured Lending Fund stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate Blackstone Secured Lending Fund stock
- Make your BXSL purchase
- Monitor your BXSL position
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Blackstone Secured Lending Fund, add BXSL to your watchlist by clicking the button below.
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