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BNL Stock Chart & Stats
$22.36
$0.03(0.13%)
At close: 4:00 PM EDT
$22.36
$0.03(0.13%)
Day’s Range― - ―
52-Week Range$16.05 - $23.10
Previous Close$22.39
Volume1.45M
Average Volume (3M)1.85M
Market Cap
$4.25B
Enterprise Value$6.98K
Total Cash (Recent Filing)$4.99B
Total Debt (Recent Filing)$1.68B
Price to Earnings (P/E)33.9
Beta0.20
Next Earnings
Nov 04, 2026EPS Estimate
0.19Next Dividend Ex-DateN/A
Dividend Yield5.42%
Share Statistics
EPS (TTM)0.76
Shares Outstanding191,892,970
10 Day Avg. Volume1,377,705
30 Day Avg. Volume1,853,980
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$23.83Price Target Upside6.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)0.82
Revenue Forecast (FY)$494.47M
Bulls Say, Bears Say
Bulls Say
Net-lease Model With High Occupancy And Rent CollectionBroadstone's single-tenant triple-net model shifts most property-level operating costs to tenants and, combined with near-100% occupancy and 99.9% rent collection, produces predictable, recurring cash flows. This stability supports dividend coverage and long-term cash flow planning for the REIT.
Visible ABR Growth From Expanded Build-to-suit PipelineThe company has tangible near-term rental income additions from committed BTS deals that materially boost ABR over 6–12 months. These contracted future rents and long initial lease terms improve earnings visibility and support steady AFFO growth beyond short-term acquisition cycles.
Strong Cash-generation And Capital RecyclingHigh cash conversion demonstrates durable earnings quality: operating cash consistently funds distributions, development activity and dispositions. Reliable FCF reduces dependence on dilutive equity or expensive financing and underpins ability to execute BTS pipeline and return capital over time.
Bears Say
Elevated Leverage And Financing ComplexityA relatively levered capital structure increases sensitivity to interest costs and limits financial flexibility, especially when scaling large BTS or powered-data-center projects. Elevated leverage raises refinancing and covenant risk, and may necessitate additional equity or JV partners for very large developments.
Concentration In Build-to-suit Increases Execution RiskShifting the investment mix toward development-style BTS deals concentrates exposure on construction, permitting, tenant buildout and leasing transition risks. Development outcomes are binary and timing-sensitive, raising variability in cash flow realization and increasing execution and cost-overrun risk vs. core acquisitions.
Project Triboro Zoning And Permitting UncertaintyTriboro represents a large optional value path (industrial, monetization or hyperscale data center). Zoning or permitting delays or adverse rulings could materially change timing, required capital structure and expected returns, undermining projected future ABR and value creation from this flagship asset.
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 $16.05 and its highest was $23.10 in the past 12 months.
What is Broadstone Net Lease, Inc.’s market cap?
Broadstone Net Lease, Inc.’s market cap is $4.25B.
When is Broadstone Net Lease, Inc.’s upcoming earnings report date?
Broadstone Net Lease, Inc.’s upcoming earnings report date is Nov 04, 2026 which is in 96 days.
How were Broadstone Net Lease, Inc.’s earnings last quarter?
Broadstone Net Lease, Inc. released its earnings results on Jul 29, 2026. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.191 by $0.019.
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 Quarterly dividend of $0.292 which represents an annual dividend yield of 5.42%. 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 191,892,970 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 $0.21 in its last earnings report, beating expectations of $0.191. Following the earnings report the stock price went down -2.935%.
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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Analyst Consensus
Strong Buy
Average Price Target:
$23.83 (6.59% Upside)
$23.83 (6.59% Upside)
Blogger Sentiment
Bullish
BNL Sentiment 83%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 391.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.31%
12-Months-Change
Fundamentals
Return on Equity
5.42%
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveys a positive outlook driven by a landmark Colorado joint venture, materially expanded build-to-suit pipeline (~$645M), a guidance raise (AFFO midpoint $1.56, ~5% growth), strong portfolio metrics (nearly 100% occupancy, 99.9% rent collection, same-store rent +2.2%), and multiple near-term ABR contributors (~$46M incremental ABR through H1 2027). Key risks include remaining zoning/approval uncertainty at Project Triboro, pursuit costs on deals not completed, sensitivity of per-share results to timing and mix of activity, and added financing complexity for very large powered projects. Overall, the highlights notably outweigh the lowlights, supporting a constructive view of the company’s near-term growth trajectory.View all BNL earnings summariesBNL Stock 12 Month Forecast
Average Price Target
$23.83
▲(6.59% Upside)
Technical Analysis
Ownership Overview
1.14% Insiders
26.35% Mutual Funds
1.85% Other Institutional Investors
37.57% Public Companies and
Individual Investors