Broadstone Net Lease, Inc. (BNL)

NYSE: BNL · Real-Time Price · USD
19.41
+0.01 (0.05%)
Feb 26, 2026, 4:00 PM EST - Market closed
Market Cap3.88B +33.7%
Revenue (ttm)454.14M +5.2%
Net Income95.25M -40.6%
EPS0.50 -41.4%
Shares Out 199.72M
PE Ratio38.56
Forward PE27.11
Dividend$1.17 (6.03%)
Ex-Dividend DateMar 31, 2026
Volume1,475,290
Open19.50
Previous Close19.40
Day's Range19.38 - 19.58
52-Week Range13.96 - 19.91
Beta1.02
AnalystsBuy
Price Target19.89 (+2.47%)
Earnings DateFeb 18, 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 $19.89, which is an increase of 2.47% from the latest price.

Price Target
$19.89
(2.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

1 day ago - Business Wire

Broadstone Net Lease, Inc. (BNL) Q4 2025 Earnings Call Transcript

Broadstone Net Lease, Inc. (BNL) Q4 2025 Earnings Call Transcript

7 days ago - Seeking Alpha

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.

8 days ago - Business Wire

36 U.S. REITs Expected To Raise Dividends In Q1 2026

Thirty-six publicly traded US real estate investment trusts are projected to increase dividend payouts in the first quarter, according to S&P Global Market Intelligence forecasts. The remaining 100 pu...

17 days ago - Seeking Alpha

Property Type Round-Up From REITWorld 2025

REITs are positioned for robust growth in 2026, driven by decelerating supply, disciplined capital allocation, and significant valuation discounts to NAV and private markets. Sector preferences favor ...

Other symbols: AHRALEXAMHAVBBRXBXBXP
24 days ago - Seeking Alpha

REIT Shorts Are Losing Their Lunch Money

Shorting REITs at December 2025 lows was a high-risk, poorly timed move, now likely facing squeezes as fundamentals remain stable. CSR, NTST, AKR, and COLD have high short interest, strong profitabili...

Other symbols: AKRCOLDNTSTVNQWPC
4 weeks ago - Seeking Alpha

Broadstone Net Lease Announces Tax Treatment of 2025 Dividends

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

4 weeks ago - Business Wire

Broadstone Net Lease: Buy This High Yield Overlooked By The Market

Broadstone Net Lease remains a compelling income pick, offering a 6.4% yield and trading at 12x forward P/FFO, sitting below that of peers. BNL's portfolio transition to 92% industrial and retail asse...

6 weeks ago - Seeking Alpha

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.

6 weeks ago - Business Wire

3 Key Stocks For Early 2026

Flagship Communities (MHCUF) offers 10% same-store NOI growth yet trades at only 14.5x AFFO, well below sector norms. Gladstone Land preferreds (LANDP, LANDO) present an 8% yield and 30%+ upside, with...

Other symbols: ELSLANDSUIUMHWPC
7 weeks ago - Seeking Alpha

3 Sturdy High-Yielding Net Lease REITs Ready To Buy

Falling interest rates, declining new supply, and robust real estate demand create a favorable backdrop for net lease REITs' income and valuation. This article presents 3 net lease REITs trading at at...

Other symbols: NNNO
7 weeks ago - Seeking Alpha

Dividend Income: Lanny's October 2025 Summary

In October, we (my wife and I) received a dividend income total of $3,948.78. Crushing it for an off-month – thanks to Vanguard (VOO) and Fidelity (FXAIX) for paying in October. We had quite a few div...

Other symbols: BNSBRTCAHCMCSCODEOEMN
2 months ago - Seeking Alpha

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.

3 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.

4 months ago - Business Wire

Broadstone Net Lease: Strong And Predictable High-Yield REIT With Solid Upside Potential

Broadstone Net Lease is rated a Buy, offering strong fundamentals, tenant diversification, and a compelling ~6.5% dividend yield. BNL reported solid AFFO in Q3, raised its guidance, and executed over ...

4 months ago - Seeking Alpha

Broadstone Net Lease, Inc. (BNL) Q3 2025 Earnings Call Transcript

Broadstone Net Lease, Inc. ( BNL) Q3 2025 Earnings Call October 30, 2025 11:00 AM EDT Company Participants Brent Maedl John Moragne - CEO & Director Ryan Albano - President & COO Kevin Fennell - Exec...

4 months ago - Seeking Alpha

Broadstone Net Lease Announces Third Quarter 2025 Results

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

4 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.

5 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: AHHBDNDOCGNL
5 months ago - Forbes

Echoes Of Earlier Easing

U.S. equity markets snapped a four-week winning streak, while benchmark interest rates rose as investors parsed a surprisingly strong slate of economic data, including a two-year high for GDP growth. ...

Other symbols: BBREBDNBXPCDPCIOCSRCTO
5 months ago - Seeking Alpha

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.

5 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.

5 months ago - Business Wire

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
5 months 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
6 months 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...

6 months ago - Seeking Alpha