BXSL
Blackstone Secured Lending Fund
NYSEUSDEQUITY
Financial Services
DELAYED
Sell
-30/100
Last price
23.60
▲ 0.08 (0.34%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
23.59
Prev close
23.52
Day high
23.72
Day low
23.47
Volume
1.81M
Market cap
$5.48B
P/E (TTM)
18.52
52W range
22.47 – 28.59
Day trading desk
Gap from prior close
+0.30%
Prior close 23.52
VWAP
23.56
+0.17% from price
Relative volume
1.38×
Normal
Session range
1.09%
23.47 – 23.72
Position in range
53%
Mid range
ATR (14D)
0.44
1.86% of price
Prior day high
24.00
PDH
Prior day low
23.46
PDL
Bid / ask spread
—
Quote not published
Session volume
2.04M
Avg 1.48M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-4.51%
-6.5%
1M
-4.85%
-6.0%
3M
+1.77%
-2.7%
6M
-0.76%
-18.9%
YTD
-10.67%
-24.9%
1Y
-10.91%
-27.3%
3Y
-14.04%
-96.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on BXSL open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
20.12M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| May 12, 26 | BASS ROBERT J Trustee |
BUY | 2.10K | $49.85K | Direct |
| Mar 13, 26 | ENNS LUCIE Officer |
BUY | 1.04K | $24.54K | Direct |
| Mar 11, 26 | CLARK JAMES FREDERIC Trustee |
BUY | 750 | $17.84K | Direct |
| Mar 10, 26 | RUBENSTEIN KATHERINE Chief Operating Officer |
BUY | 1.03K | $24.92K | Direct |
| Nov 11, 25 | CLARK JAMES FREDERIC Trustee |
BUY | 2.00K | $53.36K | Direct |
| Oct 6, 25 | BASS ROBERT J Trustee |
BUY | 3.76K | $100.13K | Direct |
| May 13, 25 | BASS ROBERT J Trustee |
BUY | 1.63K | $50.05K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BASS ROBERT J |
Trustee | 25.11K | Purchase |
CLARK JAMES FREDERIC |
Trustee | 2.75K | Purchase |
ENNS LUCIE |
Officer | 1.04K | Purchase |
RUBENSTEIN KATHERINE |
Chief Operating Officer | 5.77K | Purchase |
Fundamentals
Market cap$5.48B
Enterprise value$12.83B
Revenue (TTM)$1.36B
Gross profit$1.36B
EBITDA—
Net income$293.34M
EPS (TTM)$1.27
Free cash flow$409.02M
Total cash$183.42M
Total debt$7.54B
Book value / share$25.53
Shares outstanding232.97M
Float—
Short % of float4.73%
Dividend yield13.10%
Beta (5Y)0.44
Valuation & profitability ratios
Trailing P/E18.52
Forward P/E9.12
PEG ratio—
Price / sales—
Price / book0.92
EV / revenue9.42
EV / EBITDA—
Gross margin100.00%
Operating margin87.14%
Profit margin21.53%
Return on equity4.80%
Return on assets5.19%
Debt / equity126.90
Current ratio1.31
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $607.89M | $731.26M | $618.74M | $386.65M | -16.9% |
| Operating revenue | $607.89M | $731.26M | $618.74M | $386.65M | -16.9% |
| Selling, general & admin | $14.59M | $11.94M | $15.35M | $13.88M | +22.3% |
| Total operating expense | $28.34M | $22.64M | -$10.01M | -$19.29M | +25.1% |
| Pre-tax income | $579.56M | $708.62M | $628.75M | $405.94M | -18.2% |
| Tax provision | $16.10M | $14.52M | $16.80M | $1.39M | +10.9% |
| Net income | $563.46M | $694.10M | $611.95M | $404.56M | -18.8% |
| Net income to common | $563.46M | $694.10M | $611.95M | $404.56M | -18.8% |
| Basic EPS | 2.46 | 3.45 | 3.65 | 2.44 | -28.7% |
| Diluted EPS | 2.46 | 3.45 | 3.65 | 2.44 | -28.7% |
| Basic shares | 229.16M | 201.37M | 167.62M | 166.07M | +13.8% |
| Diluted shares | 229.16M | 201.37M | 167.62M | 166.07M | +13.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $289.61M | $229.61M | $154.86M | $131.27M | +26.1% |
| Total assets | $14.66B | $13.47B | $10.13B | $9.91B | +8.8% |
| Total debt | $8.08B | $7.06B | $4.91B | $5.53B | +14.5% |
| Total liabilities | $8.41B | $7.40B | $5.18B | $5.75B | +13.7% |
| Retained earnings | $197.19M | $326.54M | $250.03M | $125.69M | -39.6% |
| Shareholder equity | $6.25B | $6.08B | $4.95B | $4.16B | +2.8% |
| Net tangible assets | $6.25B | $6.08B | $4.95B | $4.16B | +2.8% |
| Shares issued | 231.97M | 221.89M | 185.78M | 160.36M | +4.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $563.46M | $694.10M | $611.95M | $404.56M | — | -18.8% |
| Change in working capital | -$12.30M | $12.31M | $53.77M | $44.58M | — | -200.0% |
| Operating cash flow | -$458.66M | -$2.53B | $458.81M | $672.95M | — | +81.8% |
| Share buybacks | — | — | — | -$263.02M | $0 | — |
| Dividends paid | -$677.98M | -$583.35M | -$437.97M | -$423.44M | — | -16.2% |
| Financing cash flow | $530.61M | $2.60B | -$432.16M | -$648.18M | — | -79.6% |
| Free cash flow | -$458.66M | -$2.53B | $458.81M | $672.95M | — | +81.8% |
| End cash position | $289.61M | $229.61M | $154.86M | $131.27M | — | +26.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $26.71M | $40.52M | $126.13M | $148.05M | $170.05M | — | -34.1% |
| Operating revenue | $26.71M | $40.52M | $126.13M | $148.05M | $170.05M | — | -34.1% |
| Selling, general & admin | $4.23M | $3.64M | $3.93M | $3.95M | $3.50M | — | +16.2% |
| Total operating expense | $12.80M | $11.18M | -$3.94M | $11.38M | $11.21M | — | +14.5% |
| Pre-tax income | $13.90M | $29.34M | $130.07M | $136.67M | $158.84M | — | -52.6% |
| Tax provision | $4.42M | $4.09M | $3.90M | $4.23M | $3.80M | — | +8.0% |
| Net income | $9.49M | $25.25M | $126.17M | $132.44M | $155.04M | — | -62.4% |
| Net income to common | $9.49M | $25.25M | $126.17M | $132.44M | $155.04M | — | -62.4% |
| Basic EPS | 0.04 | 0.11 | — | 0.57 | 0.68 | 0.66 | -63.6% |
| Diluted EPS | 0.04 | 0.11 | — | 0.57 | 0.68 | 0.66 | -63.6% |
| Basic shares | 232.56M | 232.20M | — | 230.46M | 228.19M | 226.58M | +0.2% |
| Diluted shares | 232.56M | 232.20M | — | 230.46M | 228.19M | 226.58M | +0.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $267.15M | $351.28M | $289.61M | $178.00M | $186.61M | -23.9% |
| Total assets | $13.79B | $14.44B | $14.66B | $14.26B | $13.71B | -4.5% |
| Total debt | $7.54B | $8.03B | $8.08B | $7.66B | $7.09B | -6.2% |
| Total liabilities | $7.85B | $8.34B | $8.41B | $7.99B | $7.42B | -5.8% |
| Retained earnings | -$126.07M | $43.58M | $197.19M | $233.56M | $278.96M | -389.3% |
| Shareholder equity | $5.94B | $6.10B | $6.25B | $6.27B | $6.29B | -2.6% |
| Net tangible assets | $5.94B | $6.10B | $6.25B | $6.27B | $6.29B | -2.6% |
| Shares issued | 232.65M | 232.28M | 231.97M | 230.96M | 230.06M | +0.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $9.49M | $25.25M | $126.17M | $132.44M | $155.04M | -62.4% |
| Change in working capital | -$31.52M | -$28.94M | $31.63M | -$15.19M | -$16.38M | -8.9% |
| Operating cash flow | $560.96M | $249.26M | -$229.66M | -$432.60M | -$221.06M | +125.1% |
| Dividends paid | -$170.15M | -$170.50M | -$170.78M | -$171.53M | -$170.04M | +0.2% |
| Financing cash flow | -$643.87M | -$184.21M | $270.27M | $422.08M | -$471.86M | -249.5% |
| Free cash flow | $560.96M | $249.26M | -$229.66M | -$432.60M | -$221.06M | +125.1% |
| End cash position | $267.15M | $351.28M | $289.61M | $249.89M | $273.68M | -23.9% |
Options analytics
Put / call volume
0.56
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
16.00
-32.0% from spot
ATM implied vol
3.1%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
48
Contracts, this expiry
Put volume
27
Contracts, this expiry
Heaviest call OI
16.00
0 contracts
Heaviest put OI
22.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.66 | 0.75 | +13.7% |
| Mar 2026 | 0.74 | 0.77 | +4.5% |
| Dec 2025 | 0.79 | 0.80 | +1.8% |
| Sep 2025 | 0.79 | 0.82 | +4.2% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.67 | 12 | $317.68M | -11.4% |
| Next quarter | 0.66 | 12 | $318.79M | -11.0% |
| Current year | 2.84 | 11 | $1.28B | -9.6% |
| Next year | 2.58 | 12 | $1.28B | -0.4% |
Analyst targets & ownership
Mean target$24.66
High target$26.00
Low target$22.00
Implied upside4.49%
Analyst count11
ConsensusNONE
Strong buy / Buy2 / 3
Hold6
Sell / Strong sell1 / 0
Held by insiders8.64%
Held by institutions45.53%
Institutions holding421
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
24.14
-2.25% from price
SMA 20
24.43
-3.74% from price
SMA 50
24.37
-3.49% from price
SMA 100
23.99
-1.64% from price
SMA 200
24.42
-3.69% from price
EMA 12
24.10
-2.07% from price
EMA 26
24.32
-2.95% from price
EMA 50
24.30
-2.87% from price
RSI (14)
34.2
Neutral
MACD (12,26,9)
-0.22
Hist -0.16
ATR (14)
0.44
1.87% of price
Realised vol 30D
14.6%
Annualised
Bollinger upper
25.40
20, 2σ
Bollinger lower
23.47
20, 2σ
50 / 200 cross
Death
24.37 vs 24.42
Trend bias
Below 200
-3.69%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.53
Less volatile than market
Correlation to SPY
0.32
Loosely linked
Realised vol 30D
14.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-19.1%
Peak to trough
Max drawdown 5Y
-41.3%
Peak to trough
ATR 14
0.44
1.87% of price
Beta (reported)
0.44
5Y monthly, from filing
Short interest
Shares short
11.00M
Prior 11.84M
Change vs prior
-7.1%
Shorts covering
% of float
4.73%
Normal
% of shares out
4.72%
Against total outstanding
Days to cover
8.7
Crowded exit
Float
—
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 1, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Jul 23, 26 | Oppenheimer | INITIATED | — | Perform |
| Jul 2, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
| Jun 8, 26 | Keefe, Bruyette & Woods | DOWNGRADE | Outperform | Market Perform |
| May 19, 26 | Truist Securities | MAINTAINED | Buy | Buy |
| May 18, 26 | UBS | MAINTAINED | Neutral | Neutral |
| May 18, 26 | RBC Capital | MAINTAINED | Outperform | Outperform |
| May 12, 26 | B. Riley Securities | MAINTAINED | Neutral | Neutral |
| May 8, 26 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Apr 16, 26 | Keefe, Bruyette & Woods | MAINTAINED | Outperform | Outperform |
| Mar 13, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Mar 13, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
Dividends & splits
Forward rate$3.08 / yr
Forward yield13.10%
5-year avg yield7.82%
Payout ratio242.52%
Ex-dividend dateSep 30, 2026
Next pay dateOct 23, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-30
Corporate Changes & Voting Matters
8-K · 2026-08-12
Corporate Changes & Voting Matters
8-K · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-07-24
Proxy Statements
DEF 14A · 2026-06-29
Corporate Changes & Voting Matters
8-K · 2026-06-18
Corporate Changes & Voting Matters
8-K · 2026-05-21
Corporate Changes & Voting Matters
8-K · 2026-05-07
Headlines
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Zacks · 21d ago
UBS Adjusts Blackstone Secured Lending Fund Price Target to $25.50 From $24.50, Maintains Neutral Rating
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Blackstone Secured Lending Fund (BXSL) Crossed Above the 200-Day Moving Average: What That Means for Investors
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This Credit Fund Lends Where Investors Fear to Tread
Barrons.com · 54d ago
Blackstone Secured Lending Fund Q2 Earnings Call Highlights
MarketBeat · 60d ago
Blackstone Secured Lending Fund (BXSL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks · 62d ago
Blackstone Secured Lending Fund Q2 Earnings, Total Investment Income Fall
MT Newswires · 62d ago
Blackstone Secured Lending Fund (BXSL) Surpasses Q2 Earnings Estimates
Zacks · 62d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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