BXSL (Blackstone Secured Lending Fund) Shares Outstanding (EOP): 232.3 Mil (As of Mar. 2026)

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BXSL Blackstone Secured Lending Fund BXSL
51 GF Score
Price $23.32
GF Value $31.84
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Blackstone Secured Lending Fund Shares Outstanding (EOP)?

Blackstone Secured Lending Fund BXSL +1.39% 51 Shares Outstanding (EOP) is 232.3 Mil as of Mar. 2026. GuruFocus rates BXSL with a GF Score™ of 51/100 and a GF Value™ of $31.84 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Blackstone Secured Lending Fund's shares outstanding for the quarter that ended in Mar. 2026 was 232.3 Mil.

Blackstone Secured Lending Fund's quarterly shares outstanding increased from Dec. 2025 (232.0 Mil) to Mar. 2026 (232.3 Mil). It means Blackstone Secured Lending Fund issued new shares from Dec. 2025 to Mar. 2026 .

Blackstone Secured Lending Fund's annual shares outstanding increased from Dec. 2024 (221.9 Mil) to Dec. 2025 (232.0 Mil). It means Blackstone Secured Lending Fund issued new shares from Dec. 2024 to Dec. 2025 .


Blackstone Secured Lending Fund  (NYSE:BXSL) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Blackstone Secured Lending Fund Shares Outstanding (EOP) Related Terms


Blackstone Secured Lending Fund Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Blackstone Secured Lending Fund's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Blackstone Secured Lending Fund Shares Outstanding (EOP) Chart

Blackstone Secured Lending Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial 169.27 160.36 185.78 221.89 231.97

Blackstone Secured Lending Fund Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 227.82 230.06 230.96 231.97 232.28

BXSL vs OBDC, MAIN, HASI: Shares Outstanding (EOP) Comparison

For the Asset Management subindustry, Blackstone Secured Lending Fund's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackstone Secured Lending Fund Shares Outstanding (EOP) vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Secured Lending Fund's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Blackstone Secured Lending Fund's Shares Outstanding (EOP) falls into.


BXSL
51GF Score
Blackstone Secured Lending Fund BXSL
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackstone Secured Lending Fund Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 232.3 Mil mean?
Blackstone Secured Lending Fund (BXSL) has a Shares Outstanding (EOP) of 232.3 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Blackstone Secured Lending Fund and its competitors.
Is Blackstone Secured Lending Fund's Shares Outstanding (EOP) too high?
Blackstone Secured Lending Fund's current Shares Outstanding (EOP) is 232.3 Mil. Overall, Blackstone Secured Lending Fund has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Secured Lending Fund's Shares Outstanding (EOP) compare to OBDC and MAIN?
Blackstone Secured Lending Fund's Shares Outstanding (EOP) of 232.3 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Asset Management company?
A good Shares Outstanding (EOP) depends on the Asset Management industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Blackstone Secured Lending Fund and its competitors. Blackstone Secured Lending Fund's current Shares Outstanding (EOP) is 232.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Secured Lending Fund stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Secured Lending Fund (BXSL) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.84, compared to a current price of $23.32 — trading 26.8% below its estimated fair value. The current Shares Outstanding (EOP) is 232.3 Mil. Blackstone Secured Lending Fund's overall GF Score™ is 51/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Blackstone Secured Lending Fund (BXSL), the current Shares Outstanding (EOP) is 232.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Blackstone Secured Lending Fund (BXSL) Overvalued in 2026?

Based on GuruFocus' analysis, Blackstone Secured Lending Fund stock appears to be undervalued. The current stock price of $23.32 is trading 26.8% below its estimated GF Value™ of $31.84. GuruFocus considers Blackstone Secured Lending Fund to be Modestly Undervalued.

Key valuation signals for BXSL:

  • Shares Outstanding (EOP): 232.3 Mil
  • GF Value™: $31.84 vs. price of $23.32 (26.8% below fair value)
  • GF Score™: 51/100 with 9 warning signs

No single metric tells the full story. See the BXSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blackstone Secured Lending Fund Business Description

Other Exchanges GM8:Germany
Address 345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Secured Lending Fund is a non-diversified, closed-end management investment company. The investment objectives of the company are to generate current income and, to a lesser extent, long-term capital appreciation. The company seeks to achieve its investment objectives by investing in originated loans and other securities, including syndicated loans of private U.S. companies, typically in the form of first lien senior secured and unitranche loans, unsecured and subordinated loans, and other securities. The company operates as a single reportable segment and derives revenues from investing in originated loans and other securities, including broadly syndicated loans, of U.S. private companies.
51GF Score

Get the complete analysis for BXSL

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.32
Price
$31.84
GF Value