Broadstone Net Lease, Inc. (BNL)
| Market Cap | 2.69B |
| Revenue (ttm) | 442.89M |
| Net Income (ttm) | 155.48M |
| Shares Out | 187.71M |
| EPS (ttm) | 0.83 |
| PE Ratio | 17.27 |
| Forward PE | 20.86 |
| Dividend | $1.13 (7.89%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 831,071 |
| Open | 14.40 |
| Previous Close | 14.35 |
| Day's Range | 14.33 - 14.54 |
| 52-Week Range | 13.68 - 17.59 |
| Beta | 1.11 |
| Analysts | Hold |
| Price Target | 16.67 (+16.33%) |
| Earnings Date | May 1, 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]
Financial Performance
In 2023, BNL's revenue was $442.89 million, an increase of 8.68% compared to the previous year's $407.51 million. Earnings were $155.48 million, an increase of 27.32%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for BNL stock is "Hold." The 12-month stock price forecast is $16.67, which is an increase of 16.33% from the latest price.
News
Broadstone Net Lease Issues 2023 Sustainability Report
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Issues 2023 Sustainability Report.
Broadstone Net Lease Schedules First Quarter 2024 Earnings Release and Conference Call
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Schedules First Quarter 2024 Earnings Release and Conference Call.
Broadstone Net Lease Provides First Quarter 2024 Business Update
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Provides First Quarter 2024 Business Update.
Three Dividends Up To 7% With Big Insider Buying
If they're buying, we're buying. Or we're at least considering it. If there's anything better than a big dividend, it's one that is being gobbled up by the company's own insiders. We're talking about ...
Broadstone Net Lease Announces 2023 Results and its Healthcare Portfolio Simplification Strategy
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces 2023 Results and its Healthcare Portfolio Simplification Strategy.
Broadstone Net Lease Announces Tax Treatment of 2023 Dividends
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Tax Treatment of 2023 Dividends.
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.
Broadstone Net Lease Announces Third Quarter 2023 Results
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Third Quarter 2023 Results.
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.
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...
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...
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.
Broadstone Net Lease Announces First Quarter 2023 Results
ROCHESTER, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces First Quarter 2023 Results.
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...
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
Broadstone Net Lease Announces Fourth Quarter and Full Year 2022 Results
ROCHESTER, N.Y.
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...
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...
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...
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...
Broadstone Net Lease Announces Third Quarter 2022 Results
ROCHESTER, N.Y.
Broadstone Net Lease, Inc. Schedules Third Quarter 2022 Earnings Release and Conference Call
ROCHESTER, N.Y.
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.
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.
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...