Broadstone Net Lease, Inc. (BNL)
| Market Cap | 3.14B |
| Revenue (ttm) | 435.12M |
| Net Income (ttm) | 112.95M |
| Shares Out | 197.48M |
| EPS (ttm) | 0.60 |
| PE Ratio | 26.44 |
| Forward PE | 22.80 |
| Dividend | $1.16 (7.30%) |
| Ex-Dividend Date | Jun 30, 2025 |
| Volume | 660,966 |
| Open | 15.88 |
| Previous Close | 15.84 |
| Day's Range | 15.67 - 15.88 |
| 52-Week Range | 13.96 - 19.15 |
| Beta | 1.02 |
| Analysts | Hold |
| Price Target | 18.20 (+14.61%) |
| Earnings Date | Jul 30, 2025 |
About BNL
BNL is an industrial-focused, diversified net lease REIT 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. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of March 31, 2025, BNL’s diversified portfolio consisted of 769 individual net leased commercial properties with 762 properties located in 44 U.S. states and seven properties located in four Canadian provinces across 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 $161.28 million, an increase of 4.10%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for BNL stock is "Hold." The 12-month stock price target is $18.2, which is an increase of 14.61% from the latest price.
News
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.
Broadstone Net Lease: Industrial Portfolio Keeps Getting More And More Relevant
BNL's ongoing shift toward industrial properties is driving strong portfolio growth and improving asset quality, with industrial now nearly 60% of annualized base rent. Despite recent industrial marke...
10% And 7% Yields You Can Trust - 2 High-Quality Dividend Machines I'd Buy Today
Many overlook dividend theory, but it's not just about income. It's about capital discipline, smart allocation, and long-term shareholder value. Vanguard's study confirms what I've long believed: divi...
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.
Broadstone Net Lease: High Yield Bargain In Plain Sight
Broadstone Net Lease is a bargain dividend REIT, offering a 7.2% yield and trading at a low forward P/FFO of 10.6, sitting below that of peers. The portfolio shift toward industrial assets and a $500M...
U.S. REIT Share Repurchase Activity Doubles In Q1 2025
Share buyback activity by US equity real estate investment trusts more than doubled in the first quarter, according to an analysis by S&P Global Market Intelligence. The US REIT sector bought back aro...
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 ...
Nothing But Net (Lease REITs)
Net Lease REITs create value by investing at returns above their cost of capital; WACC is a key metric for quality assessment. Top Net Lease REITs like Agree Realty, Essential Properties, Four Corners...
Broadstone Net Lease: High-Yield Rental
We had highlighted the exact conditions required for us to go long Broadstone Net Lease. We got them post Liberation Day. We go over Q1 2025 numbers and our trade.
REIT Roulette: Why I'm Overweight Net Lease
Diversification is key in REIT investing, mirroring my roulette strategy—spread bets across sectors for optimal risk-adjusted returns. Net lease REITs offer stability and steady dividends, outperformi...
Retire Like A Boss: 3 Fantastic Dividend Stocks Yielding 7-14%
I recently visited Albania, a country full of contradictions, both beautiful and broken, and it sparked deep reflections on freedom, corruption, and retirement. Despite some shockingly poor conditions...
3 Little-Known Net Lease REITs To Buy
I've been a net lease investor for over three decades, emphasizing the importance of understanding tenants to avoid owning obsolete properties. Highlighting concerns about the car wash sector's bubble...
Broadstone Net Lease, Inc. (BNL) Q1 2025 Earnings Call Transcript
Broadstone Net Lease, Inc. (NYSE:BNL) Q1 2025 Earnings Conference Call May 1, 2025 11:00 AM ET Company Participants Brent Maedl - Director of Corporate Finance and IR John Moragne - CEO Ryan Albano -...
Broadstone Net Lease Announces First Quarter 2025 Results
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces First Quarter 2025 Results.
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.
3 Bargain Buys Unfairly Sold Off With The Market
The market's inefficiency during erratic price movements creates opportunities to invest in fundamentally sound stocks with lower multiples. Focus on companies with price drops due to multiple contrac...
Cash COWs: 11 High-Yield REITs
Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-...
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.
Broadstone Net Lease Is Still Underrated, I'm Buying
BNL is a promising 'turn-around' REIT, shifting its focus from healthcare to industrial and retail properties for long-term value creation. BNL has made significant progress, reducing clinical and sur...
Retirement Income: I'm Seeking Treasure In These 7-9% Yields
Income investing can be like treasure hunting in many ways. I detail 2 great income picks that offer high yields that are well-covered by cashflow. Both carry investment grade credit ratings and offer...
Buy These Smart 7-10% Yields For Retirement Income
Investing $1 million in the S&P 500 yields $12,100 annually. This may necessitate principal withdrawals for higher living expenses, which is risky in volatile markets like the current one. Morgan Stan...
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.
Buried Treasures: 4 Dramatically Undervalued REITs
REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least ...
Broadstone Net Lease And W. P. Carey: Diverging Multiples Create A Compelling Opportunity To Swap
Sector rotation in commercial real estate shows industrial making a comeback, while data centers may have peaked, affecting net lease REITs like BNL and WPC. BNL's AFFO multiple has compressed to 10x,...
Broadstone Net Lease's Q4 Earnings: Detachment Between Sentiment And Fundamentals Has Occurred
Broadstone Net Lease's Q4 Earnings: Detachment Between Sentiment And Fundamentals Has Occurred