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BNL Stock Chart & Stats
$21.31
$0.03(0.13%)
At close: 4:00 PM EDT
$21.31
$0.03(0.13%)
Day’s Range― - ―
52-Week Range$17.13 - $23.10
Previous Close$22.39
Volume1.45M
Average Volume (3M)2.03M
Market Cap
$3.41B
Enterprise Value$6.98B
Total Cash (Recent Filing)$11.10M
Total Debt (Recent Filing)$2.73B
Price to Earnings (P/E)22.7
Beta0.14
Next Earnings
Oct 28, 2026EPS Estimate
0.16Next Dividend Ex-DateN/A
Dividend Yield6.78%
Share Statistics
EPS (TTM)0.76
Shares Outstanding191,892,970
10 Day Avg. Volume2,141,589
30 Day Avg. Volume2,030,303
Financial Highlights & Ratios
PEG Ratio-0.84
Price to Book (P/B)1.13
Price to Sales (P/S)7.12
P/FCF Ratio12.11
Enterprise Value/Market Cap2.05
Enterprise Value/Revenue14.60
Enterprise Value/Gross Profit33.81
Enterprise Value/Ebitda16.48
Forecast
1Y Price Target
$23.57Price Target Upside10.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)0.76
Revenue Forecast (FY)$490.13M
Bulls Say, Bears Say
Bulls Say
Cash GenerationConsistently strong operating and free cash flow indicates that reported earnings are supported by cash generation rather than accounting effects. This provides funding capacity for investment, debt service, and shareholder distributions, strengthening BNL’s resilience across the next several quarters.
Portfolio StabilityNear-full occupancy and exceptionally high rent collection demonstrate dependable performance from the existing property base. Combined with positive same-store rent growth, these metrics support recurring revenue visibility and reduce dependence on acquisitions to sustain operating results.
Build-to-Suit GrowthA sizable committed development pipeline with long lease terms and contractual escalations creates visible future rent growth. These projects can expand the asset base while embedding recurring increases, supporting durable revenue progression beyond current portfolio operations.
Bears Say
Meaningful LeverageMeaningful leverage increases BNL’s sensitivity to financing costs, asset values, and operating disruptions. Although liquidity is substantial, debt near the company’s stated leverage target can constrain financial flexibility and limit the margin for error when funding additional growth.
Development Approval RiskUnresolved zoning and permitting at Triboro could delay development, postpone rent commencement, or require a different investment path than currently contemplated. This uncertainty makes a potentially significant growth opportunity less predictable and may prolong capital deployment without corresponding income.
Execution And Funding ComplexityThe shift toward large powered projects introduces more complicated financing and partnership requirements than standard net-lease acquisitions. External capital or promote structures could reduce BNL’s share of economics, while execution complexity may make returns and per-share outcomes less consistent.
Broadstone Net Lease News
BNL FAQ
What was Broadstone Net Lease’s price range in the past 12 months?
Broadstone Net Lease lowest stock price was $17.13 and its highest was $23.10 in the past 12 months.
What is Broadstone Net Lease’s market cap?
Broadstone Net Lease’s market cap is $3.41B.
When is Broadstone Net Lease’s upcoming earnings report date?
Broadstone Net Lease’s upcoming earnings report date is Oct 28, 2026 which is in 5 days.
How were Broadstone Net Lease’s earnings last quarter?
Broadstone Net Lease released its earnings results on Jul 29, 2026. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.191 by $0.019.
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 $0.292 which represents an annual dividend yield of 6.78%. See more information on Broadstone Net Lease dividends here
What is Broadstone Net Lease’s EPS estimate?
Broadstone Net Lease’s EPS estimate is 0.16.
How many shares outstanding does Broadstone Net Lease have?
Broadstone Net Lease has 191,892,970 shares outstanding.
What happened to Broadstone Net Lease’s price movement after its last earnings report?
Broadstone Net Lease reported an EPS of $0.21 in its last earnings report, beating expectations of $0.191. Following the earnings report the stock price went down -2.935%.
Which hedge fund is a major shareholder of Broadstone Net Lease?
Currently, no hedge funds are holding shares in BNL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Broadstone Net Lease Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$23.57 (10.61% Upside)
$23.57 (10.61% Upside)
Blogger Sentiment
Bullish
BNL Sentiment 78%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 183.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $211.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 11.4%
Last 30 Days ▼ 10.9%
Last 30 Days ▼ 10.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.95%
12-Months-Change
Fundamentals
Return on Equity
5.00%
Trailing 12-Months
Asset Growth
10.11%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Broadstone Net Lease
Broadstone Net Lease, Inc. (BNL) operates as a self-managed Real Estate Investment Trust. Its strategy focuses on acquiring, owning, and overseeing primarily single-tenant commercial properties that are subject to long-term net leases with a varied tenant base. The company's investment approach is anchored by robust fundamental credit evaluations and judicious real estate underwriting. As of September 30, 2020, BNL's diverse portfolio comprised 627 properties. Geographically, these holdings span 41 U.S. states and one location in Canada, encompassing sectors such as industrial, healthcare, restaurant, office, and retail, with a cumulative gross asset value of approximately $4.0 billion.
BNL Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveys a positive outlook driven by a landmark Colorado joint venture, materially expanded build-to-suit pipeline (~$645M), a guidance raise (AFFO midpoint $1.56, ~5% growth), strong portfolio metrics (nearly 100% occupancy, 99.9% rent collection, same-store rent +2.2%), and multiple near-term ABR contributors (~$46M incremental ABR through H1 2027). Key risks include remaining zoning/approval uncertainty at Project Triboro, pursuit costs on deals not completed, sensitivity of per-share results to timing and mix of activity, and added financing complexity for very large powered projects. Overall, the highlights notably outweigh the lowlights, supporting a constructive view of the company’s near-term growth trajectory.View all BNL earnings summariesBNL Stock 12 Month Forecast
Average Price Target
$23.57
▲(10.61% Upside)
Technical Analysis
Gladstone Commercial
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W. P. Carey Inc.
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Global Net Lease
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Essential Properties Realty
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Ownership Overview
1.15% Insiders
26.33% Mutual Funds
2.63% Other Institutional Investors
35.73% Public Companies and
Individual Investors