NYSE:BNL Broadstone Net Lease (BNL) Stock Price, News & Analysis → The Department of Defense Has a New Drone Contractor (From The Tomorrow Investor) (Ad) Free BNL Stock Alerts $15.05 -0.13 (-0.86%) (As of 11:03 AM ET) Add Compare Share Share Today's Range$15.01▼$15.1350-Day Range$14.29▼$15.6752-Week Range$13.68▼$17.59Volume105,245 shsAverage Volume1.26 million shsMarket Capitalization$2.83 billionP/E Ratio15.68Dividend Yield7.57%Price Target$16.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Broadstone Net Lease alerts: Email Address Broadstone Net Lease MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside10.2% Upside$16.75 Price TargetShort InterestHealthy1.59% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.89Based on 19 Articles This WeekInsider TradingAcquiring Shares$205,220 Bought Last QuarterProj. Earnings Growth2.90%From $1.38 to $1.42 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.79 out of 5 starsFinance Sector505th out of 874 stocksReal Estate Investment Trusts Industry103rd out of 183 stocks 2.0 Analyst's Opinion Consensus RatingBroadstone Net Lease has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageBroadstone Net Lease has only been the subject of 3 research reports in the past 90 days.Read more about Broadstone Net Lease's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.59% of the float of Broadstone Net Lease has been sold short.Short Interest Ratio / Days to CoverBroadstone Net Lease has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Broadstone Net Lease has recently decreased by 13.95%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipBroadstone Net Lease is a leading dividend payer. It pays a dividend yield of 7.49%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBroadstone Net Lease has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Broadstone Net Lease is 118.75%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Broadstone Net Lease will have a dividend payout ratio of 80.28% in the coming year. This indicates that Broadstone Net Lease may not be able to sustain their current dividend.Read more about Broadstone Net Lease's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BNL. Previous Next 2.7 News and Social Media Coverage News SentimentBroadstone Net Lease has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Broadstone Net Lease this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for BNL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Broadstone Net Lease to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Broadstone Net Lease insiders have bought more of their company's stock than they have sold. Specifically, they have bought $205,220.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.81% of the stock of Broadstone Net Lease is held by insiders.Percentage Held by Institutions89.07% of the stock of Broadstone Net Lease is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Broadstone Net Lease's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Broadstone Net Lease are expected to grow by 2.90% in the coming year, from $1.38 to $1.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Broadstone Net Lease is 15.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Broadstone Net Lease is 15.83, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.03.Price to Book Value per Share RatioBroadstone Net Lease has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Broadstone Net Lease's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsThe Weight Loss Pill That Could Disrupt a $32 Billion IndustryA revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.Don't miss out on the "next Ozempic" >>> About Broadstone Net Lease Stock (NYSE:BNL)BNL is an industrial-focused, diversified net lease REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of September 30, 2023, BNL's diversified portfolio consisted of 800 individual net leased commercial properties with 793 properties located in 44 U.S. states and seven properties located in four Canadian provinces across the industrial, healthcare, restaurant, retail, and office property types.Read More BNL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BNL Stock News HeadlinesMay 4, 2024 | finance.yahoo.comBroadstone Net Lease, Inc. Just Recorded A 103% EPS Beat: Here's What Analysts Are Forecasting NextMay 3, 2024 | finance.yahoo.comBroadstone Net Lease, Inc. (NYSE:BNL) Q1 2024 Earnings Call TranscriptMay 8, 2024 | Behind the Markets (Ad)The Weight Loss Pill That Could Disrupt a $32 Billion IndustryA revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.May 3, 2024 | finance.yahoo.comQ1 2024 Broadstone Net Lease Inc Earnings CallMay 3, 2024 | finance.yahoo.comBroadstone Net Lease Inc (BNL) (Q1 2024) Earnings Call Transcript Highlights: Strategic Moves ...May 2, 2024 | msn.comBroadstone Net Lease declares $0.29 dividendMay 2, 2024 | markets.businessinsider.comBuy Rating Justified by Broadstone Net Lease’s Strong Performance and Strategic Asset ManagementMay 2, 2024 | markets.businessinsider.comBroadstone Net Lease: Hold Rating Affirmed Amidst Modest Gains and Tenant Risk ConcernsMay 8, 2024 | Behind the Markets (Ad)The Weight Loss Pill That Could Disrupt a $32 Billion IndustryA revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.May 1, 2024 | msn.comBNL Stock Earnings: Broadstone Net Lease Beats EPS, Misses Revenue for Q1 2024May 1, 2024 | finance.yahoo.comBroadstone Net Lease Inc (BNL) Q1 2024 Earnings: Surpasses Analyst Revenue ForecastsMay 1, 2024 | markets.businessinsider.comBroadstone Net Lease earnings: here's what Wall Street expectsMay 1, 2024 | businesswire.comBroadstone Net Lease Announces First Quarter 2024 ResultsApril 26, 2024 | businesswire.comBroadstone Net Lease Issues 2023 Sustainability ReportApril 16, 2024 | seekingalpha.comBroadstone Net Lease: An Industrial REIT Powerhouse With A 7.8% YieldApril 5, 2024 | businesswire.comBroadstone Net Lease Schedules First Quarter 2024 Earnings Release and Conference CallApril 5, 2024 | markets.businessinsider.comJMP Securities Sticks to Their Hold Rating for Broadstone Net Lease (BNL)April 3, 2024 | msn.comBroadstone Net Lease invests $40.1M in Q1, has $282.7M of commited investmentsApril 3, 2024 | businesswire.comBroadstone Net Lease Provides First Quarter 2024 Business UpdateMarch 29, 2024 | seekingalpha.comBroadstone Net Lease Is A Bargain At 7.4% YieldMarch 20, 2024 | nasdaq.comFirst Week of BNL November 15th Options TradingMarch 13, 2024 | seekingalpha.comSaul Centers: An Overlooked Shopping Center REIT Income Investors Should ConsiderMarch 10, 2024 | seekingalpha.comBroadstone Net Lease: Why We Prefer It Over Realty IncomeMarch 7, 2024 | markets.businessinsider.comThe Analyst Landscape: 4 Takes On Broadstone Net LeaseMarch 7, 2024 | markets.businessinsider.comBroadstone Net Lease: Sell Rating Justified by High WACC and Challenging Growth ProspectsFebruary 28, 2024 | finance.yahoo.comJohn Moragne Bought 6.6% More Shares In Broadstone Net LeaseFebruary 28, 2024 | investorplace.com7 Dividend Stocks to Buy to Secure Steady IncomeSee More Headlines Receive BNL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Broadstone Net Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Last Earnings5/01/2024Today5/07/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:BNL CUSIPN/A CIK1424182 Webwww.broadstone.com Phone585-287-6500Fax585-625-3680Employees74Year FoundedN/APrice Target and Rating Average Stock Price Target$16.75 High Stock Price Target$19.00 Low Stock Price Target$14.00 Potential Upside/Downside+10.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.96 Trailing P/E Ratio15.83 Forward P/E Ratio11.01 P/E GrowthN/ANet Income$155.48 million Net Margins42.23% Pretax Margin44.45% Return on Equity5.60% Return on Assets3.41% Debt Debt-to-Equity RatioN/A Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$442.89 million Price / Sales6.44 Cash Flow$1.66 per share Price / Cash Flow9.15 Book Value$17.03 per share Price / Book0.89Miscellaneous Outstanding Shares187,710,000Free Float186,187,000Market Cap$2.85 billion OptionableOptionable Beta1.10 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. John D. Moragne (Age 41)CEO & Director Comp: $1.8MMr. Ryan M. Albano CPA (Age 42)President & COO Comp: $1.36MMr. Timothy D. Dieffenbacher (Age 36)Senior VP, Chief Accounting Officer & Treasurer Ms. Molly Kelly Wiegel (Age 52)Senior Vice President of Human Resources & Administration Mr. Michael B. Caruso (Age 29)Senior Vice President of Underwriting & Strategy Ms. Jennie O'Brien (Age 41)Senior VP of Accounting & Controller More ExecutivesKey CompetitorsNational Health InvestorsNYSE:NHIHighwoods PropertiesNYSE:HIWCOPT Defense PropertiesNYSE:CDPSITE CentersNYSE:SITCNational Storage Affiliates TrustNYSE:NSAView All CompetitorsInsiders & InstitutionsMycio Wealth Partners LLCBought 15,226 shares on 5/8/2024Ownership: 0.170%Russell Investments Group Ltd.Bought 7,384 shares on 5/8/2024Ownership: 0.060%QRG Capital Management Inc.Sold 1,729 shares on 5/8/2024Ownership: 0.006%Sei Investments Co.Sold 10,520 shares on 5/7/2024Ownership: 0.241%Concurrent Investment Advisors LLCSold 23,511 shares on 5/7/2024Ownership: 0.209%View All Insider TransactionsView All Institutional Transactions BNL Stock Analysis - Frequently Asked Questions Should I buy or sell Broadstone Net Lease stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadstone Net Lease in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BNL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BNL, but not buy additional shares or sell existing shares. View BNL analyst ratings or view top-rated stocks. What is Broadstone Net Lease's stock price target for 2024? 5 analysts have issued 1-year price targets for Broadstone Net Lease's stock. Their BNL share price targets range from $14.00 to $19.00. On average, they anticipate the company's stock price to reach $16.75 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price. View analysts price targets for BNL or view top-rated stocks among Wall Street analysts. How have BNL shares performed in 2024? Broadstone Net Lease's stock was trading at $17.22 at the beginning of the year. Since then, BNL stock has decreased by 11.8% and is now trading at $15.1950. View the best growth stocks for 2024 here. Are investors shorting Broadstone Net Lease? Broadstone Net Lease saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 2,960,000 shares, a decrease of 14.0% from the March 31st total of 3,440,000 shares. Based on an average daily volume of 1,360,000 shares, the short-interest ratio is currently 2.2 days. Approximately 1.6% of the shares of the stock are sold short. View Broadstone Net Lease's Short Interest. When is Broadstone Net Lease's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our BNL earnings forecast. How were Broadstone Net Lease's earnings last quarter? Broadstone Net Lease, Inc. (NYSE:BNL) posted its earnings results on Wednesday, May, 1st. The company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The business earned $105.37 million during the quarter, compared to analyst estimates of $107.76 million. Broadstone Net Lease had a net margin of 42.23% and a trailing twelve-month return on equity of 5.60%. During the same quarter in the previous year, the firm earned $0.34 EPS. How often does Broadstone Net Lease pay dividends? What is the dividend yield for Broadstone Net Lease? Broadstone Net Lease announced a quarterly dividend on Wednesday, May 1st. Shareholders of record on Friday, June 28th will be given a dividend of $0.29 per share on Monday, July 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.63%. The ex-dividend date of this dividend is Friday, June 28th. This is a boost from the stock's previous quarterly dividend of $0.29. Read our dividend analysis for BNL. Is Broadstone Net Lease a good dividend stock? Broadstone Net Lease (NYSE:BNL) pays an annual dividend of $1.14 per share and currently has a dividend yield of 7.49%. BNL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 118.75%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BNL will have a dividend payout ratio of 80.28% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for BNL. What ETFs hold Broadstone Net Lease's stock? ETFs with the largest weight of Broadstone Net Lease (NYSE:BNL) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), Global X SuperDividend REIT ETF (SRET), Invesco KBW Premium Yield Equity REIT ETF (KBWY), ALPS Active REIT ETF (REIT), ALPS REIT Dividend Dogs ETF (RDOG), Cambria Global Real Estate ETF (BLDG), WisdomTree U.S. SmallCap Dividend Fund (DES) and iShares US Credit Bond ETF (CRED). What guidance has Broadstone Net Lease issued on next quarter's earnings? Broadstone Net Lease updated its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of 1.410-1.430 for the period, compared to the consensus EPS estimate of 1.470. The company issued revenue guidance of -. What other stocks do shareholders of Broadstone Net Lease own? Based on aggregate information from My MarketBeat watchlists, some companies that other Broadstone Net Lease investors own include Cross Timbers Royalty Trust (CRT), InfraCap MLP ETF (AMZA), Alliance Resource Partners (ARLP), Brigham Minerals (MNRL), Arbor Realty Trust (ABR), Advanced Emissions Solutions (ADES), Archer-Daniels-Midland (ADM), AGNC Investment (AGNC) and AMC Entertainment (AMC). When did Broadstone Net Lease IPO? Broadstone Net Lease (BNL) raised $603 million in an initial public offering on Thursday, September 17th 2020. The company issued 33,500,000 shares at a price of $17.00-$19.00 per share. J.P. Morgan, Goldman Sachs, BMO Capital Markets, Morgan Stanley, Capital One Securities and Truist Securities served as the underwriters for the IPO and Regions Securities, BTIG, KeyBanc Capital Markets and Ramirez were co-managers. Who are Broadstone Net Lease's major shareholders? Broadstone Net Lease's stock is owned by many different retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (7.87%), Tritonpoint Wealth LLC (0.86%), Sumitomo Mitsui Trust Holdings Inc. (0.63%), Mirae Asset Global Investments Co. Ltd. (0.34%), Sei Investments Co. (0.24%) and Concurrent Investment Advisors LLC (0.21%). Insiders that own company stock include John David Moragne, Kevin Fennell, Laurier J Lessard Jr, Michael A Coke, Michael B Caruso, Molly Wiegel, Roderick Pickney and Ryan M Albano. View institutional ownership trends. How do I buy shares of Broadstone Net Lease? Shares of BNL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:BNL) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorFidelity, Bezos, Goldman Bet Big on Tiny BiotechBehind the MarketsElon Musk Secret Crypto Plot ExposedCrypto 101 MediaAI “wealth window” is closing June 25thParadigm PressShocking: One AI startup's revenue could surge 4,735%Manward PressGold Set to EXPLODE!Gold Safe ExchangeThe AI Stock that’s Disrupting Every IndustryStockEarningsThe #1 lithium battery stock to have on your radar in 2024!Smallcaps Daily Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Broadstone Net Lease, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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