Education
About Us
Working with TipRanks
Follow Us
Broadstone Net Lease (BNL)
NYSE:BNL
BNL Stock Chart & Stats
$17.45
<$0.01(0.03%)
At close: 4:00 PM EST
$17.45
<$0.01(0.03%)
Day’s Range― - ―
52-Week Range$13.96 - $18.87
Previous CloseN/A
Volume127.22K
Average Volume (3M)1.87M
Market Cap
$3.31B
Enterprise Value$5.97B
Total Cash (Recent Filing)$81.97M
Total Debt (Recent Filing)$2.38B
Price to Earnings (P/E)37.8
Beta0.19
Next Earnings
Feb 25, 2026EPS Estimate
0.17Next Dividend Ex-DateN/A
Dividend Yield6.65%
Share Statistics
EPS (TTM)0.14
Shares Outstanding189,216,030
10 Day Avg. Volume2,106,736
30 Day Avg. Volume1,868,504
Financial Highlights & Ratios
PEG Ratio-15.92
Price to Book (P/B)0.99
Price to Sales (P/S)6.89
P/FCF Ratio11.46
Enterprise Value/Market Cap1.80
Enterprise Value/Revenue13.33
Enterprise Value/Gross Profit14.07
Enterprise Value/Ebitda16.48
Forecast
1Y Price Target
$20.40Price Target Upside16.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)0.54
Revenue Forecast (FY)$450.36M
Bulls Say, Bears Say
Bulls Say
Earnings PotentialThe company is set to deliver above-average AFFO growth in both 2025 and 2026, yet still trades at a meaningful discount to the peer group.
Growth StrategyBNL has successfully built a platform for growth that carries advantages over relying just on marketed transactions.
Portfolio ManagementBNL grew the BTS business from scratch to nearly $900M of projects, highlighting the competitive advantage they are building through their development partnerships.
Bears Say
Debt ManagementLeverage increased to 5.4x pro forma net debt ann. Adj. EBITDAre.
Execution RiskBNL faces execution risks with 'Project Triboro,' although it offers significant upside potential.
Market ValuationBNL trades at the lowest AFFO multiple of any Net Lease REIT with more than $1B of market cap and a 9% discount overall.
Broadstone Net Lease News
BNL FAQ
What was Broadstone Net Lease’s price range in the past 12 months?
Broadstone Net Lease lowest stock price was $13.96 and its highest was $18.87 in the past 12 months.
What is Broadstone Net Lease’s market cap?
Broadstone Net Lease’s market cap is $3.31B.
When is Broadstone Net Lease’s upcoming earnings report date?
Broadstone Net Lease’s upcoming earnings report date is Feb 25, 2026 which is in 67 days.
How were Broadstone Net Lease’s earnings last quarter?
Broadstone Net Lease released its earnings results on Oct 29, 2025. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.165 by -$0.025.
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 Notavailable dividend of $0.29 which represents an annual dividend yield of 6.65%. See more information on Broadstone Net Lease dividends here
What is Broadstone Net Lease’s EPS estimate?
Broadstone Net Lease’s EPS estimate is 0.17.
How many shares outstanding does Broadstone Net Lease have?
Broadstone Net Lease has 189,216,030 shares outstanding.
What happened to Broadstone Net Lease’s price movement after its last earnings report?
Broadstone Net Lease reported an EPS of $0.14 in its last earnings report, missing expectations of $0.165. Following the earnings report the stock price went down -1.004%.
Which hedge fund is a major shareholder of Broadstone Net Lease?
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$20.40 (16.91% Upside)
$20.40 (16.91% Upside)
Blogger Sentiment
Bullish
BNL Sentiment 88%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 978.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.8%
Last 30 Days ▲ 12.9%
Last 30 Days ▲ 12.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.82%
12-Months-Change
Fundamentals
Return on Equity
3.05%
Trailing 12-Months
Asset Growth
4.86%
Trailing 12-Months
Company Description
Broadstone Net Lease
BNL is an internally-managed 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. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.
BNL Earnings Call
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted Broadstone Net Lease's strong financial performance, successful investment strategy, and positive tenant relations, indicating resilience and growth potential. However, challenges such as competitive market conditions, limited product supply, and potential need for capital recycling were noted, balancing the overall positive outlook.View all BNL earnings summariesBNL Stock 12 Month Forecast
Average Price Target
$20.40
▲(16.91% Upside)
Technical Analysis
W. P. Carey Inc.
―
Armada Hoffler Properties
―
Urban Edge Properties
―
Global Net Lease
―
BrightSpire Capital
―
Ownership Overview
0.93% Insiders
24.99% Mutual Funds
16.47% Other Institutional Investors
35.02% Public Companies and
Individual Investors