Broadstone Net Lease, Inc. (BNL)

NYSE: BNL · Real-Time Price · USD
19.89
+0.13 (0.66%)
May 15, 2026, 4:00 PM EDT - Market closed
Market Cap3.98B +32.7%
Revenue (ttm)466.85M +7.3%
Net Income124.86M +10.6%
EPS0.66 +9.3%
Shares Out 200.06M
PE Ratio30.28
Forward PE22.99
Dividend$1.17 (5.88%)
Ex-Dividend DateJun 30, 2026
Volume1,951,544
Open19.72
Previous Close19.76
Day's Range19.54 - 19.91
52-Week Range15.28 - 20.48
Beta0.99
AnalystsBuy
Price Target21.55 (+8.35%)
Earnings DateApr 29, 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 11 analysts, the average rating for BNL stock is "Buy." The 12-month stock price target is $21.55, which is an increase of 8.35% from the latest price.

Price Target
$21.55
(8.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Broadstone Net Lease price target raised to $22 from $21 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Broadstone Net Lease (BNL) to $22 from $21 and keeps an Overweight rating on the shares. The firm sees visible earnings growth…

13 days ago - TheFly

Broadstone Net Lease Earnings Call Transcript: Q1 2026

Q1 2026 saw 5.6% AFFO growth, robust build-to-suit activity, and strong leasing with a 119% recapture rate. Portfolio repositioning continued via opportunistic acquisitions and dispositions, while guidance and dividend were maintained.

17 days ago - Transcripts

Broadstone Net Lease reports Q1 FFO 38c, consensus 38c

Reports Q1 revenue $121.4M, consensus $120.9M. Achieved same store rental revenue growth of 2.8% compared to the previous year, driven by “strong contractual rent increases and leasing activity in pri...

18 days ago - TheFly

Broadstone Net Lease affirms FY26 FFO view of $1.53-$1.57, consensus $1.56

17:07 EDT Broadstone Net Lease (BNL) affirms FY26 FFO view of $1.53-$1.57, consensus $1.56

18 days ago - TheFly

Broadstone Net Lease Announces First Quarter 2026 Results and Adds $30 million to its Committed Pipeline of Build-to-Suit Developments

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces First Quarter 2026 Results and Adds $30 million to its Committed Pipeline of Build-to-Suit Developments.

18 days ago - Business Wire

Casey's General Stores Set to Join S&P 500; DigitalOcean Holdings to Join S&P MidCap 400; Broadstone Net Lease to Join S&P SmallCap 600

NEW YORK, April 6, 2026 /PRNewswire/ -- S&P MidCap 400 constituent Casey's General Stores Inc. (NASD: CASY) will replace Hologic Inc. (NASD: HOLX) in the S&P 500, S&P SmallCap 600 constituent DigitalO...

Other symbols: CASYDOCNHOLX
5 weeks ago - PRNewsWire

Broadstone Net Lease to replace DigitalOcean in S&P 600 at open on 4/9

17:19 EDT Broadstone Net Lease (BNL) to replace DigitalOcean (DOCN) in S&P 600 at open on 4/9

Other symbols: DOCN
5 weeks ago - TheFly

Broadstone Net Lease Schedules First Quarter 2026 Earnings Release and Conference Call

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Schedules First Quarter 2026 Earnings Release and Conference Call.

6 weeks ago - Business Wire

Broadstone Net Lease management to meet with Cantor Fitzgerald

Meetings to be held in Chicago March 11-12 hosted by Cantor Fitzgerald.

2 months ago - TheFly

Broadstone Net Lease price target raised to $20 from $19 at UBS

UBS raised the firm’s price target on Broadstone Net Lease (BNL) to $20 from $19 and keeps a Neutral rating on the shares.

2 months ago - TheFly

Broadstone Net Lease adds two new development projects to its pipeline

Broadstone Net Lease (BNL) announced it has added two new development projects to its pipeline of build-to-suit commitments. These projects represent an aggregate estimated total project investment of...

2 months ago - TheFly

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.

2 months ago - Business Wire

Broadstone Net Lease Earnings Call Transcript: Q4 2025

AFFO per share grew 4.2% in 2025, with strong portfolio performance and disciplined investment totaling $748.4 million. 2026 guidance targets 4% AFFO growth, supported by a robust build-to-suit pipeline and proactive risk management, especially around tenant exposures.

3 months ago - Transcripts

Broadstone Net Lease reports Q4 FFO 39c, consensus 37c

Reports Q4 revenue $118.3M, consensus $116.4M. “2025 was an important year for Broadstone, highlighted by consistent execution and our return to growth through our differentiated strategy,” said John ...

3 months ago - TheFly

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.

3 months ago - Business Wire

Broadstone Net Lease Announces Tax Treatment of 2025 Dividends

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

3 months ago - Business Wire

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.

4 months ago - Business Wire

Broadstone Net Lease price target lowered to $20 from $21 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on Broadstone Net Lease (BNL) to $20 from $21 and keeps an Overweight rating on the shares. U.S. equity REITs returned 2.9% in…

4 months ago - TheFly

Broadstone Net Lease price target raised to $19 from $18 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Broadstone Net Lease (BNL) to $19 from $18 and keeps an Equal Weight rating on the shares. The firm noted its risk/reward…

4 months ago - TheFly

Broadstone Net Lease price target lowered to $21 from $22 at BTIG

BTIG lowered the firm’s price target on Broadstone Net Lease (BNL) to $21 from $22 and keeps a Buy rating on the shares. The company’s Investor Day provided a good…

5 months ago - TheFly

Broadstone Net Lease sees FY26 AFFO $1.53-$1.57, consensus $1.53

The guidance is based on the following key assumptions: investments in real estate properties between $500M and $625M; dispositions of real estate properties between $75M and $100M; and total core…

5 months ago - TheFly

Broadstone Net Lease reports $696.7M investments year-to-date

The company said, “On a year-to-date basis, invested $696.7M, including $416.6M in new property acquisitions, $181.8M in build-to-suit developments, $90M in transitional capital, and $8.3M in revenue ...

5 months ago - TheFly

Broadstone Net Lease reaffirms FY25 AFFO view $1.49-$1.50, consensus $1.48

“We are entering 2026 with strong momentum and a clear runway ahead,” said John Moragne, CEO. “Our disciplined execution, combined with the strength and depth of our build-to-suit pipeline, gives…

5 months ago - TheFly

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.

5 months ago - Business Wire

Broadstone Net Lease price target raised to $20 from $18 at Truist

Truist raised the firm’s price target on Broadstone Net Lease (BNL) to $20 from $18 and keeps a Hold rating on the shares. The management’s FY25 investment volume target continues…

6 months ago - TheFly