Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
431.80M | 442.89M | 407.51M | 382.88M | 321.64M | Gross Profit |
407.06M | 420.31M | 385.74M | 364.42M | 304.16M | EBIT |
393.81M | 380.89M | 199.29M | 195.91M | 139.77M | EBITDA |
400.42M | 380.89M | 354.10M | 328.01M | 272.45M | Net Income Common Stockholders |
-6.55M | 155.48M | 122.11M | 102.43M | 51.18M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
4.36B | 19.49M | 21.79M | 21.67M | 100.49M | Total Assets |
5.22B | 5.27B | 5.46B | 4.62B | 4.26B | Total Debt |
1.91B | 1.91B | 2.02B | 1.69B | 1.54B | Net Debt |
1.90B | 1.89B | 2.00B | 1.67B | 1.44B | Total Liabilities |
2.07B | 2.07B | 2.20B | 1.88B | 1.78B | Stockholders Equity |
3.00B | 3.05B | 3.09B | 2.58B | 2.30B |
Cash Flow | Free Cash Flow | |||
276.25M | 224.82M | 224.54M | 243.34M | 168.22M | Operating Cash Flow |
276.25M | 271.07M | 255.91M | 244.94M | 179.03M | Investing Cash Flow |
-59.70M | 24.34M | -859.64M | -582.30M | -60.24M | Financing Cash Flow |
-221.19M | -334.82M | 636.00M | 254.41M | -28.38M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
79 Outperform | $6.25B | 27.17 | 6.01% | 3.71% | 25.47% | -4.35% | |
72 Outperform | $3.01B | 18.57 | 5.37% | 7.28% | -2.08% | 3.63% | |
72 Outperform | $13.27B | 29.05 | 5.38% | 5.79% | -9.09% | -36.58% | |
63 Neutral | $521.76M | 17.21 | 9.80% | 7.35% | -0.09% | 1.93% | |
60 Neutral | $592.54M | 36.87 | -0.37% | 8.45% | 14.11% | -667.02% | |
60 Neutral | $1.72B | ― | -5.48% | 14.69% | 56.29% | 55.99% | |
59 Neutral | $2.73B | 11.65 | 0.11% | 8783.19% | 5.45% | -17.32% |
On April 24, 2025, Broadstone Net Lease announced a significant addition to its build-to-suit development pipeline with a $78.2 million project in partnership with Prologis, Inc. This collaboration marks a strategic expansion of BNL’s network of development partners and aligns with its industrial-focused investment strategy. The new development includes a state-of-the-art distribution warehouse for FCA US, LLC, expected to be completed in the third quarter of 2026. This partnership with Prologis, a leader in high-barrier, high-growth markets, is expected to enhance BNL’s market positioning and long-term value creation.
Spark’s Take on BNL Stock
According to Spark, TipRanks’ AI Analyst, BNL is a Outperform.
Broadstone Net Lease scores a 70, reflecting a stable but cautious outlook. The company’s solid financial strength and attractive dividend yield are offset by profitability challenges and technical uncertainties. Long-term strategies in portfolio development and financial flexibility are promising, but risks from tenant credit and market conditions remain significant.
To see Spark’s full report on BNL stock, click here.
On April 2, 2025, Broadstone Net Lease, Inc. announced that it will release its financial and operating results for the first quarter of 2025 on April 30, 2025, after market close. The company will also host an earnings conference call and webcast on May 1, 2025, at 11:00 a.m. Eastern Time. This announcement is significant for stakeholders as it provides an opportunity to assess the company’s financial health and operational performance, which could impact investor confidence and market positioning.
On February 28, 2025, Broadstone Net Lease, Inc. announced the closing of a $1.5 billion Amended and Restated Credit Agreement, which includes a $1 billion revolving credit facility and a $500 million term loan. The new credit facilities, which replace the existing $400 million term loan due in February 2026, enhance the company’s financial flexibility by providing increased liquidity, improved borrowing rates, and favorable adjustments to financial covenants. This move is expected to support Broadstone’s growth objectives and strengthen its financial position, with no near-term debt maturities until April 2027.
On February 13, 2025, Broadstone Net Lease, Inc. announced that Shekar Narasimhan and Denise Brooks-Williams would not stand for re-election as directors, ending their terms at the 2025 Annual Meeting. The board, effective the same day, appointed Richard Imperiale and Joseph Saffire as new directors, bringing substantial experience in the REIT industry. These changes mark a strategic evolution for the company as it continues to implement its differentiated investment strategy and build long-term stockholder value.