Broadstone Net Lease, Inc. (BNL)

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 ...

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

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%.

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