Broadstone Net Lease, Inc. (BNL)
| Market Cap | 3.15B |
| Revenue (ttm) | 431.80M |
| Net Income (ttm) | 161.24M |
| Shares Out | 197.27M |
| EPS (ttm) | 0.85 |
| PE Ratio | 18.70 |
| Forward PE | 22.48 |
| Dividend | $1.16 (7.27%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 1,015,373 |
| Open | 16.17 |
| Previous Close | 16.03 |
| Day's Range | 15.90 - 16.17 |
| 52-Week Range | 14.21 - 19.15 |
| Beta | 1.13 |
| Analysts | Hold |
| Price Target | 18.60 (+16.54%) |
| Earnings Date | Feb 19, 2025 |
About BNL
Broadstone Net Lease, Inc. (the “Corporation”) is a Maryland corporation formed on October 18, 2007, that elected to be taxed as a real estate investment trust (“REIT”) commencing with the taxable year ended December 31, 2008. Broadstone Net Lease, LLC (the Corporation’s operating company, or the “OP”), is the entity through which the Corporation conducts its business and owns (either directly or through subsidiaries) all of the Corporation’s properties. The Corporation is the sole managing member of the OP. The membership units not owned by th... [Read more]
Financial Performance
In 2024, Broadstone Net Lease's revenue was $431.80 million, a decrease of -2.50% compared to the previous year's $442.89 million. Earnings were $161.24 million, an increase of 4.08%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for BNL stock is "Hold." The 12-month stock price forecast is $18.6, which is an increase of 16.54% from the latest price.
News
Broadstone Net Lease, Inc. (BNL) Q4 2024 Earnings Call Transcript
Broadstone Net Lease, Inc. (NYSE:BNL) Q4 2024 Earnings Conference Call February 20, 2025 1:00 PM ET Company Participants Brent Maedl - Directorm Corporate Finance & IR John Moragne - CEO & Director R...
Broadstone Net Lease Announces Fourth Quarter and Full Year 2024 Results
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Fourth Quarter and Full Year 2024 Results.
Broadstone Net Lease Provides Updates on Its Board of Directors
VICTOR, N.Y.--(BUSINESS WIRE)-- #commercialrealestate--Broadstone Net Lease Provides Updates on Its Board of Directors.
Broadstone Net Lease Announces Tax Treatment of 2024 Dividends
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Tax Treatment of 2024 Dividends.
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Broadstone Net Lease: Valuation Looks Tempting Once Again
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Broadstone Net Lease: Remains Undervalued With Attractive Yield
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Broadstone Net Lease Adds $117.4 Million to its Committed Pipeline of Build-to-Suit Development Commitments and Schedules Fourth Quarter 2024 Earnings Release and Conference Call
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--BNL Adds $117.4 Million to its Committed Pipeline of Build-to-Suit Development Commitments and Schedules Q4 2024 Earnings Release and Conference Call.
Broadstone Net Lease: Double Your Income With Significantly Less Risk
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Broadstone Net Lease: Still Underestimated
Broadstone Net Lease Inc.'s portfolio emphasizes industrial properties and long-term leases, provides high rental collection rates and moderate concentration risk. Despite its recent top-line challeng...
Broadstone Net Lease Announces Updates to its Build-To-Suit Development Funding Commitments and Participation at Nareit's REITworld 2024 Annual Conference
VICTOR, N.Y.--(BUSINESS WIRE)---- $BNL #buildtosuit--BNL Announces Updates to its Build-To-Suit Development Funding Commitments and Participation at Nareit's REITworld 2024 Annual Conference.
Broadstone Net Lease, Inc. (BNL) Q3 2024 Earnings Call Transcript
Broadstone Net Lease, Inc. (NYSE:BNL) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Brent Maedl - Director of Corporate Finance and IR John Moragne - CEO Ryan Alb...
Broadstone Net Lease Announces Third Quarter 2024 Results
VICTOR, N.Y.--(BUSINESS WIRE)-- #commercialrealestate--Broadstone Net Lease Announces Third Quarter 2024 Results.
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REIT Roulette: What's Your Strategy? (Here's Mine)
I recommend diversifying your REIT portfolio with at least 10 REITs, highlighting VICI Properties, Camden Property Trust, and Broadstone Net Lease as buys. VICI Properties stands out for its iconic tr...
Broadstone Net Lease Schedules Third Quarter 2024 Earnings Release and Conference Call
VICTOR, N.Y.--(BUSINESS WIRE)-- #InvestorRelations--Broadstone Net Lease (NYSE: BNL) Schedules Third Quarter 2024 Earnings Release and Conference Call.
Broadstone Net Lease: 6% Yield, Dividend Growth, High Margin Of Safety
Broadstone Net Lease, Inc. is an industrial-oriented REIT with strong dividend pay-out metrics, sustainable FFO growth, and a healthy, well-leased portfolio. The trust offers a solid 6% yield and focu...
Buried Treasures: 11 Dramatically Undervalued REITs
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Previous Thesis Panned Out, But Broadstone Net Lease Has More To Offer
Broadstone Net Lease's reorganization strategy aims to reduce healthcare properties and increase industrial property exposure, enhancing portfolio quality and long-term value. Despite recent industria...
If I Was Retiring In 10-20 Years With 10 REITs - Part 2
Younger investors can afford riskier REITs, but retirees need dependable income sources. Avoid mortgage and lodging REITs due to their volatility and economic sensitivity. Broadstone Net Lease offers ...
Broadstone Net Lease: Not All Industrial Is Created Equal
Net lease real estate has been unusually volatile over the past year due to interest rate speculation. BNL's portfolio is primarily industrial and being reshaped, divesting non-core healthcare assets ...