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Broadstone Net Lease, Inc. (BNL)

NYSE: BNL · Delayed Price · USD
25.31 -0.23 (-0.90%)
Sep 23, 2021 4:00 PM EDT - Market closed
Market Cap4.06B
Revenue (ttm)330.49M
Net Income (ttm)68.45M
Shares Out158.83M
EPS (ttm)0.50
PE Ratio50.93
Forward PEn/a
Dividend$0.45 (1.78%)
Ex-Dividend DateSep 29, 2021
Volume636,723
Open25.63
Previous Close25.54
Day's Range25.28 - 25.71
52-Week Range17.47 - 28.00
Betan/a
AnalystsBuy
Price Target26.29 (+3.9%)
Est. Earnings Daten/a

About BNL

BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an ...

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateSep 17, 2020
Employees71
Stock ExchangeNYSE
Ticker SymbolBNL
Full Company Profile

Financial Performance

In 2020, BNL's revenue was $321.64 million, an increase of 7.64% compared to the previous year's $298.82 million. Earnings were $51.18 million, a decrease of -35.54%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for BNL stock is "Buy." The 12-month stock price forecast is 26.29, which is an increase of 3.87% from the latest price.

Price Target
$26.29
(3.87% upside)
Analyst Consensus: Buy

News

Broadstone Net Lease Announces Closing of $375 Million Senior Notes Offering

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Closing of $375 Million Senior Notes Offering

1 week ago - Business Wire

Broadstone Net Lease Announces Pricing of $375 Million in Senior Notes due 2031

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announced that Broadstone...

1 week ago - Business Wire

Broadstone Net Lease Announces Second Quarter 2021 Results

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating r...

1 month ago - Business Wire

Broadstone Net Lease, Inc. Schedules Second Quarter 2021 Earnings Release and Conference Call

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE:BNL) schedules second quarter 2021 earnings release and conference call.

2 months ago - Business Wire

New Strong Sell Stocks for July 1st

BNL, CANG, CXP, FHB and ITRG have been added to the Zacks Rank #5 (Strong Sell) List on July 1, 2021.

Other symbols:CANGCXPFHBITRG
2 months ago - Zacks Investment Research

Broadstone Net Lease Announces Closing of Public Offering of Common Stock

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc., an internally-managed REIT, announces closing of public offering of common stock.

2 months ago - Business Wire

New Strong Sell Stocks for June 28th

BNL, CANG, TFFP, AJRD and SJW have been added to the Zacks Rank #5 (Strong Sell) List on June 28, 2021.

Other symbols:AJRDCANGSJWTFFP
2 months ago - Zacks Investment Research

Broadstone Net Lease Announces Pricing of Public Offering of Common Stock

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc., an internally-managed real estate investment trust, announces pricing of public offering of common stock.

3 months ago - Business Wire

Broadstone Net Lease Provides Updates on Second Quarter Acquisitions and Portfolio Performance

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc., an internally-managed REIT, provides updates on second quarter acquisitions and portfolio performance.

3 months ago - Business Wire

New Strong Sell Stocks for June 22nd

ABT, BNL, ITRG, JAZZ, and MANU have been added to the Zacks Rank #5 (Strong Sell) List on June 22, 2021

Other symbols:ABTITRGJAZZMANU
3 months ago - Zacks Investment Research

New Strong Sell Stocks for May 27th

AFYA, BNL, CLBS, EKSO, and LLY have been added to the Zacks Rank #5 (Strong Sell) List on May 27, 2021

Other symbols:AFYACLBSEKSOLLY
3 months ago - Zacks Investment Research

Broadstone Net Lease (BNL) Enters Overbought Territory

Broadstone Net Lease (BNL) has moved higher as of late, but there could definitely be trouble on the horizon for this company

3 months ago - Zacks Investment Research

Broadstone Net Lease Announces First Quarter 2021 Results

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Q1 2021 Earnings Release

4 months ago - Business Wire

Broadstone Net Lease, Inc. Schedules First Quarter 2021 Earnings Release and Conference Call

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter ended March 31,...

5 months ago - Business Wire

Denise Brooks-Williams and Michael A. Coke Nominated for Election to Broadstone Net Lease's Board of Directors

ROCHESTER, N.Y., March 25, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Broadstone Net Lease, Inc. (NYSE: BNL) today announced that it has nominated Denise Brooks-Williams and Michael A. Coke for ...

5 months ago - GlobeNewsWire

Broadstone Net Lease Announces Conversion of Class A Common Stock into Common Stock

ROCHESTER, N.Y., March 10, 2021 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (NYSE: BNL), or the Company, an internally-managed real estate investment trust, today announced that all outstanding share...

6 months ago - GlobeNewsWire

Broadstone Net Lease Announces Fourth Quarter and Full Year 2020 Results

ROCHESTER, N.Y., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (NYSE: BNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announce...

6 months ago - GlobeNewsWire

Broadstone Net Lease, Inc. Announces Tax Treatment of 2020 Dividends

ROCHESTER, N.Y., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (NYSE: BNL), an internally-managed real estate investment trust (“BNL” or the “Company”), today announced the income tax all...

7 months ago - GlobeNewsWire

5.3% Yield And 99% Rent Collection: Why Broadstone Net Lease Is Underappreciated

Broadstone Net Lease has demonstrated its recession-resilience with strong operating metrics It's positioned to benefit from e-commerce and healthcare growth trends.

7 months ago - Seeking Alpha

Broadstone Net Lease, Inc. Receives 'BBB' (Stable) Rating from S&P Global Ratings

ROCHESTER, N.Y., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced that S&P Global Ratings (“S&P”) assigned the Company an initial credit ...

8 months ago - GlobeNewsWire

Broadstone Net Lease, Inc. Provides Updates on Fourth Quarter Acquisitions and Collections and its Board of Directors

ROCHESTER, N.Y., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (NYSE: BNL), an internally-managed real estate investment trust (“BNL” or the “Company”), today provided an update on its re...

8 months ago - GlobeNewsWire

Fundamental Income Adds Broadstone Net Lease (NYSE: BNL) to its Proprietary Net Lease Real Estate Index (NETLXT), cal...

PHOENIX--(BUSINESS WIRE)-- #Netlease--Fundamental Income Adds Broadstone Net Lease (NYSE: BNL) to its Proprietary Net Lease Real Estate Index (NETLXT).

9 months ago - Business Wire

Broadstone Net Lease: Comprehensive Analysis Of This Net Lease Rookie

BNL may be a rookie in the public market, but the company has been around since 2007. The portfolio is one of the most, if not *the* most, diversified in terms of tenants, industries, building types, an...

10 months ago - Seeking Alpha

The Political And Economic Outlook For REITs Heading Into The 2020 Election

The outcome of the presidential election will have an impact on taxes and regulation. This will cause some REITs to perform better than others.

Other symbols:ESRTFRTMNRPSBUBAUBP
10 months ago - Seeking Alpha

Broadstone Net Lease- The K-Shaped Recovery Makes The Newest Net Lease REIT A Buy

Broadstone has a diversified portfolio of industrial, healthcare, office, retail, and restaurant properties.

11 months ago - Seeking Alpha