B. Riley Securities has initiated coverage on Blackstone Secured Lending Fund (BXSL) with a Buy rating, marking its first assessment of the fund's investment potential. The firm’s action, taken on September 24, 2025, comes as BXSL trades at $26.18 per share.
Blackstone Secured Lending Fund, a non-diversified closed-end investment company based in New York City, focuses on generating current income and, to a lesser extent, long-term capital appreciation. The fund invests at least 80% of its total assets in secured debt investments, primarily originating loans and other securities from private U.S. companies. Its portfolio spans various sectors, including aerospace and defense, healthcare, and commercial services.
As of November 20, 2025, BXSL boasts a market capitalization of $6.0 billion, a P/E ratio of 10.08, and an impressive dividend yield of 1170.7%. Upcoming earnings are anticipated on August 4, 2026, with estimates of $0.76 per share and $362.1 million in revenue.
Analyst ratings can shift over time as new information emerges, and they should be viewed as one of many factors in investment decisions. Currently, the consensus among analysts is a Buy, with B. Riley's recent action underscoring the positive outlook for BXSL's performance in the financial services sector.