Broadstone Net Lease, Inc. (BNL)

NYSE: BNL · IEX Real-Time Price · USD
15.51
-0.12 (-0.77%)
Feb 20, 2024, 4:00 PM EST - Market closed
-0.77%
Market Cap 2.90B
Revenue (ttm) 450.02M
Net Income (ttm) 183.73M
Shares Out 187.26M
EPS (ttm) 0.99
PE Ratio 15.67
Forward PE 22.26
Dividend $1.12 (7.22%)
Ex-Dividend Date Dec 28, 2023
Volume 1,305,914
Open 15.52
Previous Close 15.63
Day's Range 15.40 - 15.73
52-Week Range 13.68 - 18.28
Beta 1.15
Analysts Buy
Price Target 18.00 (+16.05%)
Earnings Date Feb 21, 2024

About BNL

BNL is an industrial-focused, diversified net lease 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. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of September 30, 2023, BNL's diversified portfolio consisted of 800 individual net leased commercial properties with 793 properties located in 44 U.S. states and seven properties located in four Canadia... [Read more]

Sector Real Estate
IPO Date Sep 17, 2020
Employees 73
Stock Exchange NYSE
Ticker Symbol BNL
Full Company Profile

Financial Performance

In 2022, BNL's revenue was $407.51 million, an increase of 6.43% compared to the previous year's $382.88 million. Earnings were $122.12 million, an increase of 19.22%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for BNL stock is "Buy." The 12-month stock price forecast is $18.0, which is an increase of 16.05% from the latest price.

Price Target
$18.0
(16.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Broadstone Net Lease Announces Tax Treatment of 2023 Dividends

VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Tax Treatment of 2023 Dividends.

4 weeks ago - Business Wire

Broadstone Net Lease Schedules Fourth Quarter 2023 Earnings Release and Conference Call

VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Schedules Fourth Quarter 2023 Earnings Release and Conference Call.

4 weeks ago - Business Wire

Broadstone Net Lease Announces Third Quarter 2023 Results

VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Third Quarter 2023 Results.

3 months ago - Business Wire

Broadstone Net Lease, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call

VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call.

4 months ago - Business Wire

REITs Are Looking Up; Here Are 2 to Consider

Major real estate investment trusts across the U.S. are up by approximately 2.5% quarter over quarter, suggesting that investors have started testing the waters. Although most REITs have lagged behind...

Other symbols: EPRT
7 months ago - GuruFocus

Broadstone Net Lease Announces Second Quarter 2023 Results

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter ended June 30, 2023. SECOND...

7 months ago - Business Wire

Broadstone Net Lease, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call.

8 months ago - Business Wire

Broadstone Net Lease Announces First Quarter 2023 Results

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces First Quarter 2023 Results.

10 months ago - Business Wire

Broadstone Net Lease, Inc. Schedules First Quarter 2023 Earnings Release and Conference Call

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, 2023, after the market closes o...

11 months ago - Business Wire

Broadstone Net Lease Releases Inaugural Environmental, Social & Governance Report

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease (NYSE: BNL) releases inaugural environmental, social & governance (ESG) report

11 months ago - Business Wire

Broadstone Net Lease Provides Updates on Its Board of Directors and Schedules Fourth Quarter 2022 Earnings Release and Conference Call

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today announced that its Board of Directors (the “Board”) has app...

1 year ago - Business Wire

Broadstone Net Lease, Inc. Announces Tax Treatment of 2022 Dividends

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced the income tax allocation of 2022 common stock dividends, as shown in the table belo...

1 year ago - Business Wire

Broadstone Net Lease Announces Management Transition & YE 2022 Business Update

ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today announced that its Board of Directors has approved a senior...

1 year ago - Business Wire

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 i...

Other symbols: AHHBDNCTODEIEPRGMREHIW
1 year ago - Market Watch

Broadstone Net Lease Announces Third Quarter 2022 Results

ROCHESTER, N.Y.

1 year ago - Business Wire

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.

1 year ago - Business Wire

Broadstone Net Lease Announces Third Quarter 2022 Rent Collection Results and Plan to Provide a Business Update Shortly After the Completion of the Quarter

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

1 year 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 co...

1 year 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

1 year 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

1 year 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

1 year ago - Business Wire

Broadstone Net Lease Announces Second Quarter 2022 Results

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

1 year 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.

1 year ago - Business Wire