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Broadstone Net Lease (BNL)
NYSE:BNL
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BNL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$14.21 - $19.15
Previous CloseN/A
Volume127.22K
Average Volume (3M)1.09M
Market Cap
$3.02B
Enterprise Value$5.87B
Total Cash (Recent Filing)$21.64M
Total Debt (Recent Filing)$764.58M
Price to Earnings (P/E)21.3
Beta0.97
Next Earnings
Feb 19, 2025EPS Estimate
0.2Last Dividend Ex-Date
Dec 31, 2024Dividend Yield7.2%
Share Statistics
EPS (TTM)0.75
Shares Outstanding188,547,260
10 Day Avg. Volume920,590
30 Day Avg. Volume1,093,022
Standard Deviation0.07
R-Squared0.50
Alpha-0.00679
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)7.12
Price to Cash Flow (P/CF)11.20
P/FCF Ratio10.10
Enterprise Value/Market Cap1.94
Enterprise Value/Revenue13.81
Enterprise Value/Gross Profit13.96
Enterprise Value/Ebitda15.45
Forecast
1Y Price Target
$18.50Price Target Upside17.53% Upside
Rating ConsensusHold
Number of Analyst Covering4
Broadstone Net Lease News
PremiumCompany Announcements
Broadstone Net Lease Expands with New Development Projects
PremiumCompany Announcements
Broadstone Net Lease Updates Development Commitments for Growth
PremiumCompany Announcements
Broadstone Net Lease Reports Strong Q3 2024 ResultsBulls Say, Bears Say
Bulls Say
Dividend Yield And ValuationAmple liquidity, a differentiated deployment strategy, above-peer-average internal growth, and a well-covered 7.5% dividend yield is not accounted for in the current valuation.
Growth StrategyBroadstone Net Lease continues to successfully execute on its differentiated growth strategy, sourcing off-market development funding investments, while maintaining a conservative leverage profile to allow room for growth.
Portfolio Simplification And Industrial FocusBNL is actively simplifying its portfolio by reducing its exposure to healthcare and expanding its industrial development pipeline.
Bears Say
Business StrategyThe acquisition volume for the upcoming year was reduced, which might indicate a more conservative growth strategy.
Financial PerformanceBNL's AFFO growth is expected to be at the lower end of its peers.
Investment ActivityInvestment activity in the recent quarter was below expectations, which could imply slower portfolio expansion.
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Ownership Overview
0.85% Insiders
28.38% Mutual Funds
0.57% Other Institutional Investors
47.56% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BNL FAQ
What was Broadstone Net Lease’s price range in the past 12 months?
Broadstone Net Lease lowest stock price was $14.21 and its highest was $19.15 in the past 12 months.
What is Broadstone Net Lease’s market cap?
Broadstone Net Lease’s market cap is $3.02B.
When is Broadstone Net Lease’s upcoming earnings report date?
Broadstone Net Lease’s upcoming earnings report date is Feb 19, 2025 which is in 18 days.
How were Broadstone Net Lease’s earnings last quarter?
Broadstone Net Lease released its earnings results on Oct 30, 2024. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.201 by -$0.011.
Is Broadstone Net Lease overvalued?
According to Wall Street analysts Broadstone Net Lease’s price is currently Undervalued.
Does Broadstone Net Lease pay dividends?
Broadstone Net Lease pays a Quarterly dividend of $1.151 which represents an annual dividend yield of 7.2%. See more information on Broadstone Net Lease dividends here
What is Broadstone Net Lease’s EPS estimate?
Broadstone Net Lease’s EPS estimate is 0.2.
How many shares outstanding does Broadstone Net Lease have?
Broadstone Net Lease has 188,547,260 shares outstanding.
What happened to Broadstone Net Lease’s price movement after its last earnings report?
Broadstone Net Lease reported an EPS of $0.19 in its last earnings report, missing expectations of $0.201. Following the earnings report the stock price went down -2.868%.
Which hedge fund is a major shareholder of Broadstone Net Lease?
Currently, no hedge funds are holding shares in BNL
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Broadstone Net Lease Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$18.50 (17.53% Upside)
$18.50 (17.53% Upside)
Blogger Sentiment
Bullish
BNL Sentiment 85%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 788.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
4.85%
12-Months-Change
Fundamentals
Return on Equity
4.66%
Trailing 12-Months
Asset Growth
-1.34%
Trailing 12-Months
Company Description
Broadstone Net Lease
Broadstone Net Lease Inc is a real estate investment trust. It acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis. The company invests in industrial, healthcare, restaurant, office, and retail properties.
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BNL Company Deck
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BNL Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlights significant achievements in strategic repositioning and a strong development pipeline that promises future growth. However, there are challenges with increased operating expenses due to vacancies and some credit risks in specific industries. Despite these issues, the company maintains a positive outlook with reaffirmed AFFO guidance.Read More>---
BNL Stock 12 Month Forecast
Average Price Target
$18.50
▲(17.53% Upside)
Technical Analysis
Agree Realty
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National Retail Properties
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Realty Income
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W. P. Carey Inc.
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EPR Properties
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Best Analysts Covering BNL
1 Year
1 Year Success Rate
7/14 ratings generated profit
1 Year Average Return
+3.99%
reiterated a buy rating 12 months ago
Copying Michael Gorman's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +3.99% per trade.
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