Broadstone Net Lease, Inc. (BNL)
NYSE: BNL · IEX Real-Time Price · USD
15.82
+0.18 (1.15%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Broadstone Net Lease Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for BNL stock have an average target of 16.67, with a low estimate of 14 and a high estimate of 19. The average target predicts an increase of 5.37% from the current stock price of 15.82.
Analyst Consensus: Hold
* Price targets were last updated on Mar 7, 2024.
Analyst Ratings
The average analyst rating for BNL stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 4 | 4 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 12, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 9, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 8, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Initiates $14 | Strong Sell | Initiates | $14 | -11.50% | Mar 7, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $18 → $17 | Hold | Maintains | $18 → $17 | +7.46% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
425.86M
from 442.89M
Decreased by -3.84%
Revenue Next Year
442.23M
from 425.86M
Increased by 3.84%
EPS This Year
0.88
from 0.83
Increased by 5.46%
EPS Next Year
0.71
from 0.88
Decreased by -18.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 455.1M | 489.4M | 500.6M | 485.9M | 499.4M |
| Avg | 425.9M | 442.2M | 469.9M | 467.4M | 480.4M |
| Low | 395.2M | 401.9M | 444.7M | 453.5M | 466.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.8% | 14.9% | 13.2% | 3.4% | 6.8% |
| Avg | -3.8% | 3.8% | 6.3% | -0.5% | 2.8% |
| Low | -10.8% | -5.6% | 0.6% | -3.5% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.93 | 0.78 | 0.66 | 0.63 | 0.60 |
| Avg | 0.88 | 0.71 | 0.64 | 0.61 | 0.58 |
| Low | 0.83 | 0.68 | 0.62 | 0.59 | 0.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.6% | -11.2% | -7.3% | -1.0% | -1.2% |
| Avg | 5.5% | -18.5% | -10.8% | -4.8% | -5.0% |
| Low | 0.4% | -22.7% | -13.5% | -7.6% | -7.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.