Broadstone Net Lease, Inc. (BNL)

NYSE: BNL · Real-Time Price · USD
16.03
-0.17 (-1.05%)
May 5, 2025, 4:00 PM EDT - Market closed
-1.05%
Market Cap 3.17B
Revenue (ttm) 435.12M
Net Income (ttm) 112.95M
Shares Out 197.48M
EPS (ttm) 0.60
PE Ratio 26.68
Forward PE 21.27
Dividend $1.16 (7.24%)
Ex-Dividend Date Jun 30, 2025
Volume 1,104,174
Open 16.10
Previous Close 16.20
Day's Range 16.04 - 16.19
52-Week Range 13.96 - 19.15
Beta 1.06
Analysts Hold
Price Target 18.60 (+16.03%)
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]

Sector Real Estate
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 Forecast

According to 6 analysts, the average rating for BNL stock is "Hold." The 12-month stock price forecast is $18.6, which is an increase of 16.03% from the latest price.

Price Target
$18.6
(16.03% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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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17 hours 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 days 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.

5 days 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.

11 days 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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11 days 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-...

4 weeks 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.

4 weeks ago - Business Wire

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...

4 weeks ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

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...

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2 months ago - Seeking Alpha

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.

2 months ago - Business Wire

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 ...

2 months ago - Seeking Alpha

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,...

Other symbols: WPC
2 months ago - Seeking Alpha

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

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire

Broadstone Net Lease Announces Tax Treatment of 2024 Dividends

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Tax Treatment of 2024 Dividends.

3 months ago - Business Wire

Forget The S&P 500 - 3 Small Dividend Stocks At Big Discounts

President Trump inherits a historically expensive stock market, with the Shiller P/E ratio indicating potentially subdued long-term returns for the S&P 500. Despite high valuations, opportunities exis...

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3 months ago - Seeking Alpha

Fire And Ice

US equity markets tumbled this week while benchmark interest rates surged to the cusp of multi-decade highs after a critical slate of employment data showed surprisingly buoyant labor market trends. P...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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.

4 months ago - Business Wire

Broadstone Net Lease: Double Your Income With Significantly Less Risk

We had moved Broadstone Net Lease to a Hold from a Buy the last time around. The stock is down 10.5% since then and the decision to stay out feels good. We go over the fundamentals today and tell you ...

4 months ago - Seeking Alpha

Cash COWs And Buried Treasures: 2024 Performance Review

About a year ago, I published two proposed portfolios:  Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). T...

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5 months ago - Seeking Alpha