Broadstone Net Lease, Inc. (BNL)
| Market Cap | 3.52B +2.8% |
| Revenue (ttm) | 483.87M +8.0% |
| Net Income | 145.13M +63.1% |
| EPS | 0.76 +61.4% |
| Shares Out | 200.14M |
| PE Ratio | 23.24 |
| Forward PE | 26.77 |
| Dividend | $1.18 (6.71%) |
| Ex-Dividend Date | Dec 31, 2026 |
| Volume | 1,346,420 |
| Open | 17.63 |
| Previous Close | 17.48 |
| Day's Range | 17.47 - 17.71 |
| 52-Week Range | 16.70 - 23.10 |
| Beta | 0.93 |
| Analysts | Buy |
| Price Target | 22.60 (+28.41%) |
| Earnings Date | Oct 28, 2026 |
About BNL
Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease REIT 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. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of September 30, 2026, BNL’s diversified portfolio consisted of 767 individual commercial properties with 760 properties located in 44 U.S. states and seven properties located in four Canadian pro... [Read more]
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 StatementsAnalyst Summary
According to 11 analysts, the average rating for BNL stock is "Buy." The 12-month stock price target is $22.6, which is an increase of 28.41% from the latest price.
News
Broadstone Net Lease price target lowered to $23 from $26 at Goldman Sachs
Goldman Sachs lowered the firm’s price target on Broadstone Net Lease (BNL) to $23 from $26 and keeps a Buy rating on the shares.
Broadstone Net Lease price target lowered to $21 from $24 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on Broadstone Net Lease (BNL) to $21 from $24 and keeps an Overweight rating on the shares. Broadstone’s build-to-suit development strategy offers att...
Broadstone Net Lease Earnings Call Transcript: Q3 2026
Q3 AFFO rose 5.4% YoY to $0.39 per share, with FY 2026 guidance reaffirmed. A $456 million build-to-suit pipeline supports rent growth visibility, while equity proceeds and liquidity provide funding flexibility amid market volatility.
Broadstone Net Lease Earnings release: Q3 2026
Broadstone Net Lease released its Q3 2026 earnings on October 29, 2026, summarizing the period's financial results.
Broadstone Net Lease Quarterly report: Q3 2026
Broadstone Net Lease has published its Q3 2026 quarterly earnings report on October 29, 2026.
Broadstone Net Lease Slides: Q3 2026
Broadstone Net Lease has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 29, 2026.
Broadstone Net Lease reports Q3 AFFO 39c, consensus 39c
Reports 3Q revenue $121.867M, consensus $122.4M. “We delivered a strong third quarter, generating AFFO growth of 5.4% year-over-year, as our portfolio continued to perform well and our pipeline mature...
Broadstone Net Lease sees FY26 AFFO $1.55-$1.57, consensus $1.56
The guidance is based on the following key assumptions: investments in real estate properties between $700M-$800M, revised up from $600M-$800M; dispositions of real estate properties between $150M-$20...
Broadstone Net Lease Announces Third Quarter 2026 Results
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Third Quarter 2026 Results.
Broadstone Net Lease Schedules Third Quarter 2026 Earnings Release and Conference Call
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Schedules Third Quarter 2026 Earnings Release and Conference Call.
Broadstone Net Lease assumed with Buy from Hold at Truist
Truist upgraded Broadstone Net Lease (BNL) to Buy from Hold with a price target of $21, down from $22, after assuming coverage of the name. The firm estimates a powered-shell…
Broadstone Net Lease assumed at Buy from Hold at Truist
Truist analyst Linda Tsai upgraded Broadstone Net Lease (BNL) to Buy from Hold with a price target of $21, down from $22, as coverage was assumed.
Broadstone Net Lease adds $23M to pipeline of build-to-suit developments
Broadstone Net Lease (BNL) “announced that we have secured the land and started construction on two additional build-to-suit developments for Hobby Lobby and Academy Sports, both of which were directl...
Broadstone Net Lease Adds $23 Million to its Committed Pipeline of Build-to-Suit Developments
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Adds $23 Million to its Committed Pipeline of Build-to-Suit Developments.
Broadstone Net Lease 11M share Spot Secondary priced at $20.50
The deal range was $20.50-$21.00. Morgan Stanley and JPMorgan acted as joint book running managers for the offering.
Broadstone Net Lease, Inc. Announces Pricing of Public Offering of Common Stock
VICTOR, N.Y.--(BUSINESS WIRE)-- #commercialrealestate--Broadstone Net Lease, Inc. Announces Pricing of Public Offering of Common Stock.
Broadstone Net Lease 11M share Spot Secondary; price range $20.50-$21.00
Morgan Stanley and JPMorgan are acting as joint book running managers for the offering.
Broadstone Net Lease announces 11M share common stock offering
Broadstone Net Lease (BNL) announced that it is commencing an underwritten public offering of 11M shares of its common stock. Morgan Stanley and J.P. Morgan are acting as joint book-running…
Broadstone Net Lease, Inc. Announces Public Offering of Common Stock
VICTOR, N.Y.--(BUSINESS WIRE)-- #commercialrealestate--Broadstone Net Lease, Inc. Announces Public Offering of Common Stock.
Broadstone Net Lease price target raised to $26 from $23 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Broadstone Net Lease (BNL) to $26 from $23 and keeps a Buy rating on the shares. The firm updated its model following…
Broadstone Net Lease price target raised to $26 from $23 at Goldman Sachs
Goldman Sachs analyst Caitlin Burrows raised the firm’s price target on Broadstone Net Lease (BNL) to $26 from $23 and keeps a Buy rating on the shares after its Q2…
Broadstone Net Lease price target raised to $24 from $22 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Broadstone Net Lease (BNL) to $24 from $22 and keeps an Overweight rating on the shares. The company’s build-to-suit development platform continues…
Broadstone Net Lease Earnings Call Transcript: Q2 2026
Second quarter results highlighted strong AFFO growth, a major $303 million Colorado joint venture, and a deep build-to-suit pipeline driving future earnings. Guidance was raised for AFFO, investments, and dispositions, with robust liquidity and disciplined capital allocation supporting continued growth.
Broadstone Net Lease Earnings release: Q2 2026
Broadstone Net Lease released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
Broadstone Net Lease Quarterly report: Q2 2026
Broadstone Net Lease has published its Q2 2026 quarterly earnings report on July 30, 2026.