Broadstone Net Lease, Inc. (BNL)
| Market Cap | 3.32B |
| Revenue (ttm) | 431.80M |
| Net Income (ttm) | 161.28M |
| Shares Out | 197.44M |
| EPS (ttm) | 0.86 |
| PE Ratio | 19.57 |
| Forward PE | 23.76 |
| Dividend | $1.16 (6.91%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 2,697,887 |
| Open | 17.19 |
| Previous Close | 17.20 |
| Day's Range | 16.68 - 17.23 |
| 52-Week Range | 14.21 - 19.15 |
| Beta | 1.11 |
| Analysts | Hold |
| Price Target | 18.60 (+10.71%) |
| Earnings Date | Apr 30, 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 $161.28 million, an increase of 4.10%.
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 10.71% from the latest price.
News
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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
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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
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
Broadstone Net Lease (BNL) is a diversified REIT with a focus on industrial properties, which had been an area showing strong growth. BNL's portfolio is quite diversified, with over 750 properties, th...
Broadstone Net Lease: Remains Undervalued With Attractive Yield
Shares in Broadstone Net Lease have traded in a tight range over the past year. Total stock performance has been supported by the REIT's attractive dividend payout. At current pricing, shares offer an...
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.
Trick Or Treat: 3 High-Yielding REITs
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October's 5 Dividend Growth Stocks With 5.10%+ Yields
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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...