Broadstone Net Lease, Inc. (BNL)
NYSE: BNL · IEX Real-Time Price · USD
14.56
-0.10 (-0.68%)
Apr 30, 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 14.49% from the current stock price of 14.56.
Analyst Consensus: Hold
* Price targets were last updated on Mar 7, 2024.
Analyst Ratings
The average analyst rating for BNL stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 2 | 2 | 2 | 2 | 1 |
| Hold | 3 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | -3.85% | Mar 7, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $18 → $17 | Hold | Maintains | $18 → $17 | +16.76% | Feb 27, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | +23.63% | Jan 16, 2024 |
Financial Forecast
Revenue This Year
431.09M
from 442.89M
Decreased by -2.66%
Revenue Next Year
451.03M
from 431.09M
Increased by 4.63%
EPS This Year
0.69
from 0.83
Decreased by -16.85%
EPS Next Year
0.73
from 0.69
Increased by 6.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 453.7M | 488.9M | 511.2M | 488.5M | 499.6M |
| Avg | 431.1M | 451.0M | 476.6M | 469.9M | 480.6M |
| Low | 411.2M | 419.0M | 447.9M | 455.9M | 466.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.4% | 13.4% | 13.3% | 2.5% | 6.3% |
| Avg | -2.7% | 4.6% | 5.7% | -1.4% | 2.3% |
| Low | -7.2% | -2.8% | -0.7% | -4.3% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.74 | 0.78 | 0.70 | 0.68 | 0.65 |
| Avg | 0.69 | 0.73 | 0.68 | 0.66 | 0.63 |
| Low | 0.65 | 0.70 | 0.66 | 0.64 | 0.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -11.4% | 12.6% | -4.1% | 0.9% | -0.8% |
| Avg | -16.8% | 6.3% | -7.8% | -3.0% | -4.6% |
| Low | -22.1% | 0.8% | -10.5% | -5.9% | -7.4% |
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.