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Broadstone Net Lease (BNL)
NYSE:BNL
RESEARCH TOOLSreports
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BNL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.21 - $19.15
Previous Close$17.64
Volume1.45M
Average Volume (3M)1.03M
Market Cap
$3.31B
Enterprise Value$5.38B
Total Cash (Recent Filing)$9.00M
Total Debt (Recent Filing)$1.95B
Price to Earnings (P/E)23.3
Beta0.91
Next Earnings
Feb 19, 2025EPS Estimate
$0.2Next Dividend Ex-Date
Dec 31, 2024Dividend Yield6.56%
Share Statistics
EPS (TTM)0.75
Shares Outstanding188,547,264
10 Day Avg. Volume1,256,302
30 Day Avg. Volume1,026,731
Standard Deviation0.08
R-Squared0.51
Alpha-0.00479
Financial Highlights & Ratios
Price to Book (P/B)1.11
Price to Sales (P/S)7.78
Price to Cash Flow (P/CF)12.30
P/FCF Ratio11.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.67
Enterprise Value/Gross Profit12.80
Enterprise Value/Ebitda14.17
Forecast
1Y Price Target
$19.00Price Target Upside7.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Broadstone Net Lease News
PremiumCompany Announcements
Broadstone Net Lease Reports Strong Q3 2024 Results
PremiumCompany Announcements
Broadstone Net Lease Q3 2024 Earnings Disclosure and Webcast
PremiumCompany Announcements
Broadstone Net Lease Announces Strong Investment and Growth Strategy
Bulls Say, Bears Say
Bulls Say
Growth StrategyBNL offers attractive growth within the net lease sector due to the company's scalable platform, strong acquisition track record, and above-average annual rent bumps on its existing portfolio.
Operational EfficiencyThe company maintained a high occupancy rate of 99.0% with rent collection at 99.1%, demonstrating strong operational efficiency.
Strategic InvestmentThe completion of the United Natural Foods build-to-suit resulted in the addition of a publicly traded tenant under a 15-year lease, reflecting positive momentum in investment developments.
Bears Say
Competitive PositionBNL is less enthusiastic about acquisition opportunities due to cap rate compression, increasing private capital competition, and a number of average-quality assets on the market.
Financial PerformanceBNL reported 3Q24 AFFO/sh of $0.35/sh, which is a 1% decrease year-over-year, although it was in line with the consensus.
Growth StrategyThe acquisition volume for the upcoming year was reduced, which might indicate a more conservative growth strategy.
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Ownership Overview
0.85% Insiders
25.22% Mutual Funds
5.24% Other Institutional Investors
45.41% 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?
Currently, no data Available
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 101 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 $0.29 which represents an annual dividend yield of 6.56%. 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 -2.871%.
Which hedge fund is a major shareholder of Broadstone Net Lease?
Among the largest hedge funds holding Broadstone Net Lease’s share is AEW Capital Management, L.P.. It holds Broadstone Net Lease’s shares valued at 36M.
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Broadstone Net Lease Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$19.00 (7.71% Upside)
$19.00 (7.71% Upside)
Blogger Sentiment
Bullish
BNL Sentiment 84%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 341.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.7%
Last 30 Days ▼ 11.7%
Last 30 Days ▼ 11.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.34%
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 Earnings Call
Q3 2024
0:00 / 0:00
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BNL Stock 12 Month Forecast
Average Price Target
$19.00
▲(7.71% Upside)
Technical Analysis
Realty Income
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National Retail Properties
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Essential Properties Realty
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W. P. Carey Inc.
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Best Analysts Covering BNL
1 Year
1 Year Success Rate
7/14 ratings generated profit
1 Year Average Return
+4.78%
reiterated a buy rating 9 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 +4.78% per trade.
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