Broadstone Net Lease, Inc. (BNL)

NYSE: BNL · Real-Time Price · USD
19.96
-0.06 (-0.30%)
Apr 27, 2026, 4:00 PM EDT - Market closed
Market Cap3.99B +41.6%
Revenue (ttm)454.14M +5.2%
Net Income95.25M -40.6%
EPS0.50 -41.4%
Shares Out 199.88M
PE Ratio39.65
Forward PE27.60
Dividend$1.17 (5.86%)
Ex-Dividend DateMar 31, 2026
Volume1,988,727
Open20.04
Previous Close20.02
Day's Range19.93 - 20.22
52-Week Range15.28 - 20.48
Beta1.02
AnalystsBuy
Price Target20.22 (+1.3%)
Earnings DateApr 29, 2026

About BNL

Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. We primarily, and selectively, invest in real estate across industrial and retail property types. We target properties with credit-worthy tenants in industries characterized by positive business drivers and trends, where the properties are an integral part of the tenant’s business and there are ... [Read more]

IPO Date Sep 17, 2020
Employees 62
Stock Exchange NYSE
Ticker Symbol BNL
Full Company Profile

Financial Performance

In 2025, Broadstone Net Lease's revenue was $454.14 million, an increase of 5.17% compared to the previous year's $431.80 million. Earnings were $95.25 million, a decrease of -40.94%.

Financial Statements

Analyst Summary

According to 9 analysts, the average rating for BNL stock is "Buy." The 12-month stock price target is $20.22, which is an increase of 1.30% from the latest price.

Price Target
$20.22
(1.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Casey's General Stores Set to Join S&P 500; DigitalOcean Holdings to Join S&P MidCap 400; Broadstone Net Lease to Join S&P SmallCap 600

NEW YORK, April 6, 2026 /PRNewswire/ -- S&P MidCap 400 constituent Casey's General Stores Inc. (NASD: CASY) will replace Hologic Inc. (NASD: HOLX) in the S&P 500, S&P SmallCap 600 constituent DigitalO...

Other symbols: CASYDOCNHOLX
21 days ago - PRNewsWire

Broadstone Net Lease Schedules First Quarter 2026 Earnings Release and Conference Call

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Schedules First Quarter 2026 Earnings Release and Conference Call.

26 days ago - Business Wire

Broadstone Net Lease Announces Two Additional Build-to-Suit Developments for $62.1 million

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Two Additional Build-to-Suit Developments for $62.1 million.

2 months ago - Business Wire

Broadstone Net Lease Earnings Call Transcript: Q4 2025

AFFO per share grew 4.2% in 2025, with strong portfolio performance and disciplined investment totaling $748.4 million. 2026 guidance targets 4% AFFO growth, supported by a robust build-to-suit pipeline and proactive risk management, especially around tenant exposures.

2 months ago - Transcripts

Broadstone Net Lease Announces Fourth Quarter and Full Year 2025 Results

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Fourth Quarter and Full Year 2025 Results.

2 months ago - Business Wire

Broadstone Net Lease Announces Tax Treatment of 2025 Dividends

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Tax Treatment of 2025 Dividends.

3 months ago - Business Wire

Broadstone Net Lease Schedules Fourth Quarter 2025 Earnings Release and Conference Call

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Schedules Fourth Quarter 2025 Earnings Release and Conference Call.

3 months ago - Business Wire

Broadstone Net Lease Provides Business Update and Issues 2026 Guidance in Conjunction with its Upcoming Investor Day

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Provides Business Update and Issues 2026 Guidance in Conjunction with its Upcoming Investor Day.

5 months ago - Business Wire

Broadstone Net Lease Reaches Substantial Completion on the First MRO Facility at the Previously Announced Sierra Nevada Development and Adds $21 million to its Committed Pipeline of Build-to-Suit Developments

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--BNL reaches substantial completion on the first of two Sierra Nevada MROs; adds $21 million to its committed pipeline of build-to-suit developments.

6 months ago - Business Wire

Broadstone Net Lease Earnings Call Transcript: Q3 2025

Strong Q3 performance with 5.7% AFFO per share growth, robust investment activity, and 100% rent collection. Raised 2025 AFFO guidance, expanded build-to-suit pipeline, and returned to the investment grade bond market with a $350M offering.

6 months ago - Transcripts

Broadstone Net Lease Announces Third Quarter 2025 Results

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Third Quarter 2025 Results.

6 months ago - Business Wire

Broadstone Net Lease Schedules Third Quarter 2025 Earnings Release and Conference Call

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Schedules Third Quarter 2025 Earnings Release and Conference Call.

7 months ago - Business Wire

5 ‘Fed-Friendly' REITs Paying Up To 13%

The Fed has finally cut rates, and if the “dot plot” is any indication, it won't be the last. This is fuel for real estate investment trusts (REITs)—they thrive when borrowing costs fall and their fat...

Other symbols: BDNDOCGNL
7 months ago - Forbes

Broadstone Net Lease Announces Closing of $350 Million Senior Notes Offering

VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Closing of $350 Million Senior Notes Offering.

7 months ago - Business Wire

Broadstone Net Lease Announces Pricing of $350 Million in Senior Notes Due 2032

VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Pricing of $350 Million in Senior Notes Due 2032.

7 months ago - Business Wire

Broadstone Net Lease Earnings Call Transcript: Q2 2025

Raised 2025 AFFO guidance after a strong Q2, with 5.6% AFFO per share growth and robust build-to-suit and acquisition pipelines. Portfolio remains 99.1% leased, leverage is 5.2x, and capital is being allocated through dispositions and retained cash flow.

9 months ago - Transcripts

Broadstone Net Lease Announces Second Quarter 2025 Results

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Second Quarter 2025 Results.

9 months ago - Business Wire

Broadstone Net Lease Announces Three Additional Build-to-Suit Developments for $61.4 million

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Three Additional Build-to-Suit Developments for $61.4 million.

9 months ago - Business Wire

Broadstone Net Lease Schedules Second Quarter 2025 Earnings Release and Conference Call

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Schedules Second Quarter 2025 Earnings Release and Conference Call.

10 months ago - Business Wire

Broadstone Net Lease Provides an Update on Recent Business Activity and Participation at Nareit's REITweek 2025 Annual Conference

VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today provided an update on its recent business activity through June ...

11 months ago - Business Wire

Broadstone Net Lease Earnings Call Transcript: Q1 2025

Strong Q1 results driven by disciplined execution, robust build-to-suit pipeline, and high portfolio occupancy. Maintained 2025 AFFO guidance, resolved key tenant issues, and expanded development partnerships, with ample liquidity to fund growth.

1 year ago - Transcripts

Broadstone Net Lease Announces First Quarter 2025 Results

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces First Quarter 2025 Results.

1 year ago - Business Wire

Broadstone Net Lease Partners with Prologis, Inc. on a $78.2 Million Build-to-Suit Development

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Partners with Prologis, Inc. on a $78.2 Million Build-to-Suit Development.

1 year ago - Business Wire

Broadstone Net Lease Schedules First Quarter 2025 Earnings Release and Conference Call

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Schedules First Quarter 2025 Earnings Release and Conference Call.

1 year ago - Business Wire

Broadstone Net Lease Announces $1.5 Billion of Extended and Increased Credit Facilities

VICTOR, N.Y.--(BUSINESS WIRE)-- #commercialrealestate--Broadstone Net Lease Announces $1.5 Billion of Extended and Increased Credit Facilities.

1 year ago - Business Wire