Broadstone Net Lease, Inc. (BNL)

NYSE: BNL · Real-Time Price · USD
18.50
-0.10 (-0.54%)
At close: Sep 16, 2025, 4:00 PM EDT
18.50
0.00 (0.00%)
After-hours: Sep 16, 2025, 4:10 PM EDT
-0.54%
Market Cap3.65B
Revenue (ttm)442.20M
Net Income (ttm)97.71M
Shares Out 197.53M
EPS (ttm)0.52
PE Ratio35.65
Forward PE34.37
Dividend$1.16 (6.24%)
Ex-Dividend DateSep 30, 2025
Volume1,303,669
Open18.51
Previous Close18.60
Day's Range18.41 - 18.65
52-Week Range13.96 - 19.15
Beta1.03
AnalystsHold
Price Target18.50 (+0.11%)
Earnings DateOct 29, 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]

IPO Date Sep 17, 2020
Employees 73
Stock Exchange NYSE
Ticker Symbol BNL
Full Company Profile

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 Statements

Analyst Summary

According to 6 analysts, the average rating for BNL stock is "Hold." The 12-month stock price target is $18.5, which is an increase of 0.11% from the latest price.

Price Target
$18.5
Analyst Consensus: Hold
Stock Forecasts

News

Dividend Income Summary: Lanny's July 2025 Summary

In July, we (my wife and I) received a dividend income total of $4,161.64. My other two Vanguard ETFs – S&P 500 (VOO) and Dividend Appreciation ETF (VIG) - both paid in July. We had a solid increase m...

Other symbols: BNSCMCSCOGSKIRMITWLEG
1 day ago - Seeking Alpha

Price Dislocation In Diversified REITs

Diversified REITs are trading at a 24% discount to the value implied by their underlying real estate assets, based on cap rate analysis. This discount exists despite diversified REITs owning similar p...

Other symbols: AHHALEXCTOKIMOLPPLDWPC
7 days ago - Seeking Alpha

Broadstone Net Lease: Repricing Means Rerating (Rating Downgrade)

Broadstone Net Lease previously traded at a steep discount to peers, offering significant upside and a high dividend yield for risk-tolerant investors. Recent management actions, including portfolio r...

19 days ago - Seeking Alpha

3 Triple Net REITs Positioned For Average 10% Returns

Triple net REITs are now highly attractive due to higher cap rates, strong rent escalators, and notably cheap valuations versus the broader REIT sector. Cap rates have reset to 7%-9.5%, and escalators...

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25 days ago - Seeking Alpha

Broadstone Net Lease: Thriving From The Doldrums

BNL trades at a significant discount to peers, offering a compelling opportunity for multiple expansion if market sentiment shifts. Management is proactively addressing capital constraints by explorin...

5 weeks ago - Seeking Alpha

Broadstone Net Lease, Inc. (BNL) Q2 2025 Earnings Call Transcript

Broadstone Net Lease, Inc. (NYSE:BNL) Q2 2025 Earnings Conference Call July 31, 2025 1:00 PM ET Company Participants Brent Maedl - Corporate Participant John D. Moragne - CEO & Director Kevin M.

6 weeks ago - Seeking Alpha

Broadstone Net Lease Announces Second Quarter 2025 Results

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

6 weeks 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.

7 weeks ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

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2 months ago - Seeking Alpha

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.

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

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3 months ago - Seeking Alpha

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 ...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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.

4 months ago - Seeking Alpha

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...

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4 months ago - Seeking Alpha

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...

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4 months ago - Seeking Alpha

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...

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4 months ago - Seeking Alpha

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 -...

4 months ago - Seeking Alpha

Broadstone Net Lease Announces First Quarter 2025 Results

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

4 months 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.

5 months ago - Business Wire

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...

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5 months ago - Seeking Alpha

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-...

5 months ago - Seeking Alpha

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.

5 months ago - Business Wire