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Broadstone Net Lease (BNL) Stock Price, News & Analysis

Broadstone Net Lease logo
$16.66 -0.02 (-0.09%)
Closing price 03:58 PM Eastern
Extended Trading
$16.66 0.00 (0.00%)
As of 04:17 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Broadstone Net Lease Stock (NYSE:BNL)

Key Stats

Today's Range
$16.66
$17.07
50-Day Range
$15.21
$17.02
52-Week Range
$14.20
$19.15
Volume
782,432 shs
Average Volume
1.12 million shs
Market Capitalization
$3.15 billion
P/E Ratio
19.16
Dividend Yield
6.96%
Price Target
$18.60
Consensus Rating
Hold

Company Overview

Broadstone Net Lease, Inc. (the Corporation) is a Maryland corporation formed on October 18, 2007, that elected to be taxed as a real estate investment trust (REIT) commencing with the taxable year ended December 31, 2008. Broadstone Net Lease, LLC (the Corporation's operating company, or the OP), is the entity through which the Corporation conducts its business and owns (either directly or through subsidiaries) all of the Corporation's properties. The Corporation is the sole managing member of the OP. The membership units not owned by the Corporation are referred to as OP Units or non-controlling interests. As the Corporation conducts substantially all of its operations through the OP, it is structured as what is referred to as an umbrella partnership real estate investment trust (UPREIT). The Corporation's common stock is listed on the New York Stock Exchange under the symbol BNL.

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Broadstone Net Lease Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
62nd Percentile Overall Score

BNL MarketRank™: 

Broadstone Net Lease scored higher than 62% of companies evaluated by MarketBeat, and ranked 553rd out of 951 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Broadstone Net Lease has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Broadstone Net Lease has only been the subject of 2 research reports in the past 90 days.

  • Read more about Broadstone Net Lease's stock forecast and price target.
  • Earnings Growth

    Earnings for Broadstone Net Lease are expected to grow by 1.40% in the coming year, from $1.43 to $1.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Broadstone Net Lease is 19.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.15.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Broadstone Net Lease is 19.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.63.

  • Price to Book Value per Share Ratio

    Broadstone Net Lease has a P/B Ratio of 0.98. 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.
  • Percentage of Shares Shorted

    2.53% of the float of Broadstone Net Lease has been sold short.
  • Short Interest Ratio / Days to Cover

    Broadstone Net Lease has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Broadstone Net Lease has recently increased by 11.06%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Broadstone Net Lease is a leading dividend payer. It pays a dividend yield of 6.88%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Broadstone Net Lease does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Broadstone Net Lease is 133.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Broadstone Net Lease will have a dividend payout ratio of 80.00% 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.
  • Percentage of Shares Shorted

    2.53% of the float of Broadstone Net Lease has been sold short.
  • Short Interest Ratio / Days to Cover

    Broadstone Net Lease has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Broadstone Net Lease has recently increased by 11.06%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Broadstone Net Lease has a news sentiment score of 1.67. 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 0.83 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Broadstone Net Lease this week, compared to 4 articles on an average week.
  • Search Interest

    7 people have searched for BNL on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 2 people have added Broadstone Net Lease to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Broadstone Net Lease insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.62% of the stock of Broadstone Net Lease is held by insiders.

  • Percentage Held by Institutions

    89.07% 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.
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BNL Stock News Headlines

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Q4 2024 Broadstone Net Lease Inc Earnings Call
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BNL Stock Analysis - Frequently Asked Questions

Broadstone Net Lease's stock was trading at $15.86 at the beginning of the year. Since then, BNL shares have increased by 5.1% and is now trading at $16.6650.
View the best growth stocks for 2025 here
.

Broadstone Net Lease, Inc. (NYSE:BNL) released its quarterly earnings data on Wednesday, February, 19th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.16. The firm earned $112.13 million during the quarter, compared to the consensus estimate of $109.80 million. Broadstone Net Lease had a trailing twelve-month return on equity of 5.10% and a net margin of 37.62%.

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.

Broadstone Net Lease's top institutional investors include Vanguard Group Inc. (14.56%), Principal Financial Group Inc. (7.57%), Geode Capital Management LLC (2.58%) and Alliancebernstein L.P. (2.45%). Insiders that own company stock include Ryan M Albano, John David Moragne, Kevin Fennell, Roderick Pickney, Michael A Coke and Michael B Caruso.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Broadstone Net Lease investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

Ex-Dividend for 1/15 Dividend
12/31/2024
Dividend Payable
1/15/2025
Last Earnings
2/19/2025
Today
3/13/2025
Ex-Dividend for 4/15 Dividend
3/31/2025
Dividend Payable
4/15/2025
Next Earnings (Estimated)
5/07/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Trading
Current Symbol
NYSE:BNL
Employees
70
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.60
High Stock Price Target
$21.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+11.6%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Trailing P/E Ratio
19.16
Forward P/E Ratio
11.65
P/E Growth
N/A
Net Income
$155.48 million
Pretax Margin
34.98%

Debt

Sales & Book Value

Annual Sales
$431.80 million
Cash Flow
$1.73 per share
Price / Cash Flow
9.64
Book Value
$17.03 per share
Price / Book
0.98

Miscellaneous

Free Float
187,378,000
Market Cap
$3.15 billion
Optionable
Optionable
Beta
1.09
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This page (NYSE:BNL) was last updated on 3/13/2025 by MarketBeat.com Staff
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