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BNL Stock Chart & Stats
$20.36
<$0.01(0.03%)
At close: 4:00 PM EST
$20.36
<$0.01(0.03%)
Day’s Range― - ―
52-Week Range$15.67 - $21.50
Previous CloseN/A
Volume127.22K
Average Volume (3M)1.70M
Market Cap
$4.08B
Enterprise Value$6.57B
Total Cash (Recent Filing)$4.98B
Total Debt (Recent Filing)$2.68B
Price to Earnings (P/E)32.2
Beta0.20
Next Earnings
Jul 29, 2026EPS Estimate
0.19Next Dividend Ex-DateN/A
Dividend Yield6.72%
Share Statistics
EPS (TTM)0.66
Shares Outstanding191,766,560
10 Day Avg. Volume1,793,886
30 Day Avg. Volume1,700,281
Financial Highlights & Ratios
PEG Ratio-0.84
Price to Book (P/B)1.13
Price to Sales (P/S)7.12
P/FCF Ratio12.11
Enterprise Value/Market Cap1.61
Enterprise Value/Revenue14.01
Enterprise Value/Gross Profit58.18
Enterprise Value/Ebitda16.25
Forecast
1Y Price Target
$23.00Price Target Upside12.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)0.82
Revenue Forecast (FY)$495.88M
Bulls Say, Bears Say
Bulls Say
Cash GenerationConsistent operating cash flow and positive free cash flow (with strong FCF growth in the trailing twelve months) provide durable internal funding for dividends, maintenance, and selective acquisitions. This cash-based strength reduces reliance on markets and supports long-term payout and reinvestment capacity.
Long-duration Leases (Tesla BTS)A 15-year build-to-suit lease with annual 3% escalators to a high-profile tenant deepens long-duration, mission-critical cash flows. Such secured, escalated contracts materially increase visibility of rental income over many years and strengthen portfolio credit quality and predictability.
Net-lease Business ModelThe single-tenant net-lease model shifts property-level expenses to tenants, reducing landlord operating volatility and capital spending. That structural lease format produces steadier, contract-driven rental income and improves predictability of cash available for dividends and debt service over time.
Bears Say
Rising LeverageMaterial increase in leverage to near 0.93 reduces balance-sheet flexibility and heightens interest-rate and refinancing sensitivity. Over a multi-month horizon higher debt amplifies cash-flow risk during downturns and limits the firm's ability to pursue opportunistic acquisitions without raising cost of capital.
Margin VolatilityNoticeable year-to-year swings in reported margins weaken predictability of earnings and FFO—a key REIT metric. Persistent margin volatility complicates dividend forecasting and long-range planning and may signal exposure to tenant mix, leasing timing, or one-off items that can strain sustainable cash returns.
Modest Returns On EquityLow-single-digit ROE indicates limited profitability relative to equity, meaning the business generates modest incremental shareholder value. With higher leverage, modest ROE raises concern that returns may not sufficiently cover borrowing costs or justify incremental equity raises over the medium term.
Broadstone Net Lease News
BNL FAQ
What was Broadstone Net Lease, Inc.’s price range in the past 12 months?
Broadstone Net Lease, Inc. lowest stock price was $15.67 and its highest was $21.50 in the past 12 months.
What is Broadstone Net Lease, Inc.’s market cap?
Broadstone Net Lease, Inc.’s market cap is $4.08B.
When is Broadstone Net Lease, Inc.’s upcoming earnings report date?
Broadstone Net Lease, Inc.’s upcoming earnings report date is Jul 29, 2026 which is in 26 days.
How were Broadstone Net Lease, Inc.’s earnings last quarter?
Broadstone Net Lease, Inc. released its earnings results on Apr 29, 2026. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.176 by $0.064.
Is Broadstone Net Lease, Inc. overvalued?
According to Wall Street analysts Broadstone Net Lease, Inc.’s price is currently Undervalued.
Does Broadstone Net Lease, Inc. pay dividends?
Broadstone Net Lease, Inc. pays a Notavailable dividend of $0.292 which represents an annual dividend yield of 6.72%. See more information on Broadstone Net Lease, Inc. dividends here
What is Broadstone Net Lease, Inc.’s EPS estimate?
Broadstone Net Lease, Inc.’s EPS estimate is 0.19.
How many shares outstanding does Broadstone Net Lease, Inc. have?
Broadstone Net Lease, Inc. has 191,766,560 shares outstanding.
What happened to Broadstone Net Lease, Inc.’s price movement after its last earnings report?
Broadstone Net Lease, Inc. reported an EPS of $0.24 in its last earnings report, beating expectations of $0.176. Following the earnings report the stock price went down -0.651%.
Which hedge fund is a major shareholder of Broadstone Net Lease, Inc.?
Currently, no hedge funds are holding shares in BNL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Broadstone Net Lease Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$23.00 (12.97% Upside)
$23.00 (12.97% Upside)
Blogger Sentiment
Bullish
BNL Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 391.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 2.7%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.67%
12-Months-Change
Fundamentals
Return on Equity
4.43%
Trailing 12-Months
Asset Growth
11.61%
Trailing 12-Months
Company Description
Broadstone Net Lease, Inc.
Broadstone Net Lease, Inc. (BNL) operates as a self-managed Real Estate Investment Trust. Its strategy focuses on acquiring, owning, and overseeing primarily single-tenant commercial properties that are subject to long-term net leases with a varied tenant base. The company's investment approach is anchored by robust fundamental credit evaluations and judicious real estate underwriting. As of September 30, 2020, BNL's diverse portfolio comprised 627 properties. Geographically, these holdings span 41 U.S. states and one location in Canada, encompassing sectors such as industrial, healthcare, restaurant, office, and retail, with a cumulative gross asset value of approximately $4.0 billion.
BNL Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call portrayed predominantly positive operational and strategic progress: revenue-generating metrics and AFFO grew (AFFO per share $1.49, +4.2% YoY; Q4 FFO +5.6%), occupancy and collections remained strong (99% leased, 99.8% collected), the build-to-suit pipeline and Project Triboro offer meaningful embedded growth and upside, and the company maintained disciplined capital deployment and cost control. Headwinds include ongoing tenant-specific risks (Red Lobster, Claire's), conservative bad-debt assumptions baked into guidance (75 bps), pressure and competition in the traditional acquisition market, and frustration with relative valuation that limits large-scale equity raises today. Taken together, the operational wins, pipeline visibility, and improved yields and returns outweigh the challenges, though execution and capital-market developments remain key risks.View all BNL earnings summariesBNL Stock 12 Month Forecast
Average Price Target
$23.00
▲(12.97% Upside)
Technical Analysis
Ownership Overview
1.14% Insiders
26.35% Mutual Funds
0.14% Other Institutional Investors
39.74% Public Companies and
Individual Investors