Broadstone Net Lease, Inc. (BNL)
| Market Cap | 4.06B |
| Revenue (ttm) | 330.49M |
| Net Income (ttm) | 68.45M |
| Shares Out | 158.83M |
| EPS (ttm) | 0.50 |
| PE Ratio | 50.93 |
| Forward PE | n/a |
| Dividend | $0.45 (1.78%) |
| Ex-Dividend Date | Sep 29, 2021 |
| Volume | 636,723 |
| Open | 25.63 |
| Previous Close | 25.54 |
| Day's Range | 25.28 - 25.71 |
| 52-Week Range | 17.47 - 28.00 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 26.29 (+3.9%) |
| Est. Earnings Date | n/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 ...
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 StatementsAnalyst 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.
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
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...
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...
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.
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.
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.
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.
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.
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.
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
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
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
Broadstone Net Lease Announces First Quarter 2021 Results
ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Q1 2021 Earnings Release
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,...
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 ...
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...
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...
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...
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.
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 ...
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...
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).
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...
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.