$BSL

Blackstone Senior Floating Rate 2027 Term Fund

No enriched coverage for $BSL in the last 7 days.

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Med

BlueScope executes ‘best defence’ against takeover threat with profit surge

BlueScope Steel said it has executed a “best defence” against takeover interest from Steel Dynamics and SGH. The company reported full-year profits of $802 million, up 872%, citing strong US steel margins. BlueScope plans to return $3 per share, over $1.3 billion, to shareholders in 2027 via dividends and on-market buybacks, according to the company.

BlueScope profit soars 800 per cent as it pivots to shareholder returns

BlueScope reported FY2026 net profit after tax of $802m, up 857% from FY2025, with EBIT of $1.27b. The company attributed the jump to an impairment charge rolling off and said it is shifting from heavy investment to shareholder returns. It declared an unfranked final dividend of 65c and special dividend of 70c per share. Safety and blast furnace upgrade timelines were also discussed.

BSL sentiment & insider activity

Recent BSL coverage spans earnings, market movers and financial news.

What's driving BSL

  • Profit surge and planned $3/share returns strengthen the takeover-defense narrative and can support near-term valuation.

    capitalbrief.com · Aug 17, 2026

  • Earnings surge and dividend declarations support a bullish read-through, especially if U.S. spreads remain firm.

    ibtimes.com.au · Aug 17, 2026

  • Profit surge and dividend declaration shift the narrative from heavy investment to shareholder returns, with project timing updates as a secondary risk factor.

    illawarramercury.com.au · Aug 17, 2026

  • Profit more than doubled and management issued 1H27 underlying EBIT guidance, which can re-rate earnings power for BSL.

    investing.com · Aug 17, 2026

  • Analyst-style preference for BSL based on momentum, upgrades, and U.S. exposure, but no new BSL-specific financial datapoint is provided.

    investing.com · Aug 14, 2026

alphai scores every news story that mentions BSL with an AI model for sentiment and relevance, and aggregates insider trades from Blackstone Senior Floating Rate 2027 Term Fund's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $BSL

Score
$BSLMed

ASX 200 Slides for Fourth Straight Session as Earnings Season Heats Up and Wall Street Pulls Back From Highs

Australia’s S&P/ASX 200 fell for a fourth straight session, down 0.34% to 9,084.2 points by 1:56 p.m. AEST, as Wall Street eased and Middle East tensions weighed on oil. ASX earnings included JB Hi-Fi (sales $11.06B, NPAT $489.9M), BlueScope (NPAT $802M), Aurizon (NPAT $433M, dividend +46%), and a2 Milk (revenue nearly $2B, guidance below consensus).

BlueScope profit soars 800 per cent as it pivots to shareholder returns

BlueScope reported FY2026 net profit after tax of $802m, up 857% from FY2025, with EBIT of $1.27b. The company attributed the jump to an impairment charge rolling off and said it is shifting from heavy investment to shareholder returns. It declared an unfranked final dividend of 65c and special dividend of 70c per share. Safety and blast furnace upgrade timelines were also discussed.

$BSLMedAI 8/10

BlueScope FY profit jumps over 100% on U.S., Asia strength

BlueScope reported annual underlying net profit after tax of A$851.2 million, up from A$420.8 million, citing stronger U.S. steel spreads and improved Southeast Asian operations. It forecast underlying EBIT for 1H 2027 of A$860 million to A$960 million. BlueScope declared a final dividend of 65 cents and a special dividend of 70 cents per share, and plans to return A$3 per share in FY2027.

$BSLLow

Macquarie favors BSL, RWC, REH in Australian earnings season

Macquarie’s Australian equity strategy update says week two of earnings season saw net EPS beats averaging 5%, down from 23% in week one. Dividend per share surprises were more positive at 21% and showed a 65% correlation with two-day stock moves. Macquarie favors BlueScope Steel (BSL), Reliance Worldwide (RWC), and Reece (REH), and is least favorable on Growthpoint Properties (GOZ), Whitehaven Coal (WHC), The Lottery Corporation (TLC), TPG Telecom (TPG), and Fortescue (FMG).

BlueScope Steel Shares Making Decades High As Rally Continues

BlueScope Steel (ASX:BSL) rose 1.02% to A$33.79, near a 18-year high, after trading above the A$34.00 look-through value from the latest rejected non-binding takeover proposal. The board rejected an earlier A$30 offer and a revised A$32.35 offer. Investors also cite Feb earnings and a 2026 A$3.00/share capital return target.

$BSLLow

3 ASX 200 shares UBS says will return 15% to 35%

UBS research highlights three ASX 200 stocks for the next 12 months. It reinitiated coverage of SGH after its BlueScope bid period, citing a $500m buyback and expecting disciplined capital returns, with a $58 target. For BlueScope, UBS forecasts US steel spread moderation and buybacks, targeting $37.50. For CSL, UBS expects steady results amid sector headwinds, targeting $158.

Payment of Dividend and Issue of Equity

British Smaller Companies VCT plc said it paid an interim dividend of 2.00 pence per ordinary share for the year ending 31 March 2027 on 17 July 2026, with a record date of 19 June 2026. It also issued 1,597,553 new shares under its DRIS at 74.90 pence each, based on NAV adjusted for the dividend.

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