Broadstone Net Lease, Inc. (BNL)

NYSE: BNL · IEX Real-Time Price · USD
17.27
+0.18 (1.05%)
Dec 9, 2022 4:00 PM EST - Market closed
1.05%
Market Cap 2.95B
Revenue (ttm) 388.02M
Net Income (ttm) 117.67M
Shares Out 172.58M
EPS (ttm) 0.71
PE Ratio 24.32
Forward PE n/a
Dividend $1.07 (6.20%)
Ex-Dividend Date Dec 29, 2022
Volume 849,420
Open 16.94
Previous Close 17.09
Day's Range 16.96 - 17.41
52-Week Range 14.98 - 25.62
Beta 1.16
Analysts Buy
Price Target 23.77 (+37.6%)
Earnings Date Nov 2, 2022

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 ... [Read more]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Sep 17, 2020
Employees 76
Stock Exchange NYSE
Ticker Symbol BNL
Full Company Profile

Financial Performance

In 2021, BNL's revenue was $382.88 million, an increase of 19.04% compared to the previous year's $321.64 million. Earnings were $102.43 million, an increase of 100.13%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for BNL stock is "Buy." The 12-month stock price forecast is 23.77, which is an increase of 37.64% from the latest price.

Price Target
$23.77
(37.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

2 Ultra-High-Yield Dividend Stocks to Buy Hand Over Fist and 1 to Avoid

Income investors need to make sure their high-yielding investments are sustainable.

Other symbols: CHCTOPI
3 days ago - The Motley Fool

20 dividend stocks with high yields that have become more attractive right now

Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow is ...

1 week ago - Market Watch

Broadstone Net Lease, Inc. (BNL) Lags Q3 FFO Estimates

Broadstone Net Lease, Inc. (BNL) delivered FFO and revenue surprises of -5.41% and 2.29%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Broadstone Net Lease Announces Third Quarter 2022 Results

ROCHESTER, N.Y.

1 month ago - Business Wire

Should You Buy Broadstone Net Lease (BNL) Ahead of Earnings?

Broadstone Net Lease (BNL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Wall Street Analysts Predict a 38% Upside in Broadstone Net Lease, Inc. (BNL): Here's What You Should Know

The mean of analysts' price targets for Broadstone Net Lease, Inc. (BNL) points to a 38.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreemen...

1 month ago - Zacks Investment Research

4 Stocks to Gain From Stubbornly High Inflation

Stocks such as ACRES Commercial Realty (ACR), UDR, Broadstone Net Lease (BNL) and Seabridge Gold (SA) are at the moment poised to gain from a rise in inflation.

Other symbols: ACRSAUDR
1 month ago - Zacks Investment Research

Broadstone Net Lease Provides Updates on Third Quarter 2022 Results and Full Year Guidance

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Provides Updates on Third Quarter 2022 Results and Full Year Guidance.

2 months ago - Business Wire

Broadstone Net Lease Announces Third Quarter 2022 Rent Collection Results and Plan to Provide a Business Update Short...

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Third Quarter 2022 Rent Collection Results and Plan to Provide a Business Update.

2 months ago - Business Wire

These dividend stocks can protect you as the Federal Reserve slows the economy

With Federal Reserve Chairman Jerome Powell set to deliver an important speech Friday, investors may finally begin to take him at his word: The central bank is going to maintain a hawkish stance to cont...

3 months ago - Market Watch

Broadstone Net Lease, Inc. Announces Pricing of Public Offering of Common Stock

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. Announces Pricing of Public Offering of Common Stock

3 months ago - Business Wire

Broadstone Net Lease, Inc. Announces Public Offering of Common Stock

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. Announces Public Offering of Common Stock

3 months ago - Business Wire

Broadstone Net Lease Provides Update on Q3 2022 Acquisitions Activity

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Provides Update on Q3 2022 Acquisitions Activity

3 months ago - Business Wire

Broadstone Net Lease, Inc. (BNL) Misses Q2 FFO Estimates

Broadstone Net Lease, Inc. (BNL) delivered FFO and revenue surprises of -2.78% and 0.15%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Broadstone Net Lease Announces Second Quarter 2022 Results

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease (NYSE: BNL) Announces Second Quarter 2022 Results

4 months ago - Business Wire

Broadstone Net Lease, Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) schedules second quarter 2022 earnings release and conference call.

5 months ago - Business Wire

Broadstone Net Lease, Inc. (BNL) Q1 FFO Meet Estimates

Broadstone Net Lease, Inc. (BNL) delivered FFO and revenue surprises of 0% and 1.38%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Broadstone Net Lease Announces First Quarter 2022 Results

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces First Quarter 2022 Results

7 months ago - Business Wire

Broadstone Net Lease, Inc. Schedules First Quarter 2022 Earnings Release and Conference Call

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) Schedules First Quarter 2022 Earnings Release and Conference Call

7 months ago - Business Wire

Broadstone Net Lease, Inc. (BNL) Lags Q4 FFO Estimates

Broadstone Net Lease, Inc. (BNL) delivered FFO and revenue surprises of -2.86% and 1.58%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Broadstone Net Lease Announces Fourth Quarter and Full Year 2021 Results

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease (NYSE: BNL) Announces Fourth Quarter and Full Year 2021 Results

9 months ago - Business Wire

Broadstone Net Lease, Inc. Announces Tax Treatment of 2021 Dividends

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) Announces Tax Treatment of 2021 Dividends

10 months ago - Business Wire

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

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) Schedules Fourth Quarter 2021 Earnings Release and Conference Call

10 months ago - Business Wire

Why You Shouldn't Bet Against Broadstone Net Lease (BNL) Stock

Broadstone Net Lease (BNL) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

11 months ago - Zacks Investment Research