
BXSL Stock Forecast & Price Target
BXSL Analyst Ratings
Bulls say
Blackstone Secured Lending Fund has demonstrated a consistent average quarterly net investment income (NII) of $0.88 per share over the past three years, indicating meaningful earnings growth. Additionally, the fund's average dividend coverage has significantly improved, reaching approximately 120% recently, alongside a notable increase in dividend growth. This upward trend in dividend coverage—from 79% in the first quarter of 2022 to a projected average of 114% for 2024—supports a positive outlook for the company's financial health and sustainability.
Bears say
The Blackstone Secured Lending Fund demonstrates a strong NAV and ROE compared to its peer group; however, its year-to-date price performance lags by 10%, primarily attributed to short-term price dislocation. Projections indicate a significant compression in the portfolio's weighted average yield, anticipated to decline from approximately 10.3% to 9.1% over the next five quarters, which could negatively impact net investment income (NII) per share. Additionally, the recent decline of 1.4% in the portfolio's weighted average yield further underscores the challenges facing the fund's income generation capabilities, contributing to a cautious outlook.
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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