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Broadstone Net Lease (BNL)
NYSE:BNL
Broadstone Net Lease (BNL) Stock Price & Analysis
213 Followers
BNL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.20 - $17.23
Previous Close$15.23
Volume853.42K
Average Volume (3M)1.41M
Market Cap
$2.87B
Enterprise Value$4.91B
Total Cash (Recent Filing)$19.49M
Total Debt (Recent Filing)$1.91B
Price to Earnings (P/E)15.8
Beta0.88
Next Earnings
Jul 31, 2024EPS Estimate
$0.18Next Dividend Ex-Date
Jun 28, 2024Dividend Yield7.41%
Share Statistics
EPS (TTM)0.96
Shares Outstanding187,707,247
10 Day Avg. Volume1,188,498
30 Day Avg. Volume1,411,650
Standard Deviation0.08
R-Squared0.52
Alpha-0.00735
Financial Highlights & Ratios
Price to Book (P/B)1.13
Price to Sales (P/S)27.24
Price to Cash Flow (P/CF)11.30
P/FCF Ratio8.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.08
Enterprise Value/Gross Profit11.08
Enterprise Value/Ebitda14.44
Forecast
1Y Price Target
$17.75Price Target Upside16.55% Upside
Rating ConsensusHold
Number of Analyst Covering6
Broadstone Net Lease News
PremiumCompany Announcements
Broadstone Net Lease Q1 2024 Earnings Reveal and Webcast
PremiumCompany Announcements
Broadstone Net Lease Shares Informal Financial Update
Bulls Say, Bears Say
Bulls Say
Financial Performance And GuidanceBroadstone Net Lease's increased AFFO guidance reflects the company's confidence in its financial performance and asset recycling strategy.
Portfolio Management And GrowthThe company's active portfolio management and strategic acquisitions, such as the purchase of industrial and retail assets, indicate diversification and growth potential.
Strategic Pivot And Portfolio OptimizationBroadstone Net Lease's recent strategic shift towards industrial and retail sectors is expected to improve the cost of capital and enhance the value of the company's stock.
Bears Say
Earnings OutlookDowngrading to Peer Perform from Outperform due to recent estimate reductions for the following years and a subdued outlook for growth.
Financial StabilityPotential increase in bad debt due to continued bankruptcies could impact the financial stability.
Revenue RiskRed Lobster's stalled turnaround plan and potential bankruptcy or sale could impact BNL's revenue, as BNL is a landlord to Red Lobster.
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Ownership Overview
2.50% Insiders
27.89% Mutual Funds
25.61% Other Institutional Investors
43.99% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BNL FAQ
What was Broadstone Net Lease’s price range in the past 12 months?
Broadstone Net Lease lowest stock price was $13.20 and its highest was $17.23 in the past 12 months.
What is Broadstone Net Lease’s market cap?
Currently, no data Available
When is Broadstone Net Lease’s upcoming earnings report date?
Broadstone Net Lease’s upcoming earnings report date is Jul 31, 2024 which is in 88 days.
How were Broadstone Net Lease’s earnings last quarter?
Broadstone Net Lease released its earnings results on May 01, 2024. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.177 by $0.173.
Is Broadstone Net Lease overvalued?
According to Wall Street analysts Broadstone Net Lease’s price is currently Undervalued.
Does Broadstone Net Lease pay dividends?
Broadstone Net Lease pays a Quarterly dividend of $0.29 which represents an annual dividend yield of 7.41%. See more information on Broadstone Net Lease dividends here
What is Broadstone Net Lease’s EPS estimate?
Broadstone Net Lease’s EPS estimate is $0.18.
How many shares outstanding does Broadstone Net Lease have?
Broadstone Net Lease has 188,430,010 shares outstanding.
What happened to Broadstone Net Lease’s price movement after its last earnings report?
Broadstone Net Lease reported an EPS of $0.35 in its last earnings report, beating expectations of $0.177. Following the earnings report the stock price went up 4.241%.
Which hedge fund is a major shareholder of Broadstone Net Lease?
Among the largest hedge funds holding Broadstone Net Lease’s share is AEW Capital Management, L.P.. It holds Broadstone Net Lease’s shares valued at 42M.
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Broadstone Net Lease Stock Smart Score
Neutral
1
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5
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$17.75 (16.55% Upside)
$17.75 (16.55% Upside)
Blogger Sentiment
Bullish
BNL Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 583.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $427.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.80%
12-Months-Change
Fundamentals
Return on Equity
5.89%
Trailing 12-Months
Asset Growth
-1.24%
Trailing 12-Months
Company Description
Broadstone Net Lease
Broadstone Net Lease Inc is a real estate investment trust. It acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis. The company invests in industrial, healthcare, restaurant, office, and retail properties.
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BNL Earnings Call
Q1 2024
0:00 / 0:00
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BNL Stock 12 Months Forecast
Average Price Target
$17.75
▲(16.55% Upside)
Technical Analysis
Best Analysts Covering BNL
1 Year
1 Year Success Rate
6/14 ratings generated profit
1 Year Average Return
+0.39%
reiterated a buy rating 2 months ago
Copying Michael Gorman's trades and holding each position for 1 Year would result in 42.86% of your transactions generating a profit, with an average return of +0.39% per trade.
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