Broadstone Net Lease, Inc. (BNL)
NYSE:BNL
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BNL Stock Chart & Stats
$20.36
<$0.01(0.03%)
At close: 4:00 PM EST
$20.36
<$0.01(0.03%)
Day’s Range― - ―
52-Week Range$15.66 - $20.76
Previous CloseN/A
Volume127.22K
Average Volume (3M)1.90M
Market Cap
$3.87B
Enterprise Value$6.54B
Total Cash (Recent Filing)$4.98B
Total Debt (Recent Filing)$2.68B
Price to Earnings (P/E)30.0
Beta0.22
Next Earnings
Aug 05, 2026EPS Estimate
0.19Next Dividend Ex-DateN/A
Dividend Yield6.72%
Share Statistics
EPS (TTM)0.66
Shares Outstanding191,766,560
10 Day Avg. Volume1,560,166
30 Day Avg. Volume1,900,378
Financial Highlights & Ratios
PEG Ratio-0.78
Price to Book (P/B)1.13
Price to Sales (P/S)7.12
P/FCF Ratio12.11
Enterprise Value/Market Cap1.69
Enterprise Value/Revenue13.95
Enterprise Value/Gross Profit57.93
Enterprise Value/Ebitda16.17
Forecast
1Y Price Target
$22.60Price Target Upside11.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.77
Revenue Forecast (FY)$491.94M
Bulls Say, Bears Say
Bulls Say
Net-lease Business ModelBNL’s single-tenant net-lease model yields contractual rental cash flows with built-in escalators and tenant responsibility for taxes/maintenance. This structural lease design produces durable, predictable cash receipts, lowering landlord operating variability and supporting steady distributable income over cycles.
Consistent Cash GenerationOperating cash flow and free cash flow have been persistently positive, with FCF modestly exceeding net income in the TTM. Reliable cash generation strengthens capacity to cover dividends, delever or fund accretive acquisitions, giving the company lasting financial flexibility despite episodic volatility.
Governance ContinuityRe-election of directors, approval of executive compensation, and auditor ratification signal stable board oversight and continuity in governance. That stability reduces leadership and reporting risk, helping execution consistency and investor confidence in financial controls and long-term strategy.
Bears Say
Rising LeverageDebt growth and a near 0.93 debt-to-equity ratio materially raise financial risk versus prior years. Elevated leverage constrains balance-sheet flexibility, increases interest expense sensitivity to rate moves, and reduces capacity to pursue acquisitions or absorb shocks without dilutive equity or asset sales.
Margin And Earnings VolatilityLarge swings in gross and net margins across periods undermine predictability of FFO and distributable earnings. Margin volatility complicates forecasting, capital allocation, and dividend planning, making the REIT more exposed to one-offs, leasing timing, and valuation sensitivity over the medium term.
Uneven Free-cash-flow TrendAlthough FCF is positive overall, inconsistent year-to-year growth and an anomalous coverage metric in the TTM point to variability in cash available for distributions and reinvestment. This reduces predictability of dividend coverage and constrains reliable funding for growth or debt reduction.
Broadstone Net Lease News
BNL FAQ
What was Broadstone Net Lease, Inc.’s price range in the past 12 months?
Broadstone Net Lease, Inc. lowest stock price was $15.66 and its highest was $20.75 in the past 12 months.
What is Broadstone Net Lease, Inc.’s market cap?
Broadstone Net Lease, Inc.’s market cap is $3.87B.
When is Broadstone Net Lease, Inc.’s upcoming earnings report date?
Broadstone Net Lease, Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 62 days.
How were Broadstone Net Lease, Inc.’s earnings last quarter?
Broadstone Net Lease, Inc. released its earnings results on Apr 29, 2026. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.176 by $0.064.
Is Broadstone Net Lease, Inc. overvalued?
According to Wall Street analysts Broadstone Net Lease, Inc.’s price is currently Undervalued.
Does Broadstone Net Lease, Inc. pay dividends?
Broadstone Net Lease, Inc. pays a Notavailable dividend of $0.29 which represents an annual dividend yield of 6.72%. See more information on Broadstone Net Lease, Inc. dividends here
What is Broadstone Net Lease, Inc.’s EPS estimate?
Broadstone Net Lease, Inc.’s EPS estimate is 0.19.
How many shares outstanding does Broadstone Net Lease, Inc. have?
Broadstone Net Lease, Inc. has 191,766,560 shares outstanding.
What happened to Broadstone Net Lease, Inc.’s price movement after its last earnings report?
Broadstone Net Lease, Inc. reported an EPS of $0.24 in its last earnings report, beating expectations of $0.176. Following the earnings report the stock price went down -0.652%.
Which hedge fund is a major shareholder of Broadstone Net Lease, Inc.?
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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Analyst Consensus
Moderate Buy
Average Price Target:
$22.60 (11.00% Upside)
$22.60 (11.00% Upside)
Blogger Sentiment
Bullish
BNL Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 391.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $13.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 2.6%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
News Sentiment
Bearish
Bullish news 40%
Bearish news 60%
Bearish news 60%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.83%
12-Months-Change
Fundamentals
Return on Equity
4.43%
Trailing 12-Months
Asset Growth
11.61%
Trailing 12-Months
Company Description
Broadstone Net Lease, Inc.
BNL is an internally-managed 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. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.
BNL Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call portrayed predominantly positive operational and strategic progress: revenue-generating metrics and AFFO grew (AFFO per share $1.49, +4.2% YoY; Q4 FFO +5.6%), occupancy and collections remained strong (99% leased, 99.8% collected), the build-to-suit pipeline and Project Triboro offer meaningful embedded growth and upside, and the company maintained disciplined capital deployment and cost control. Headwinds include ongoing tenant-specific risks (Red Lobster, Claire's), conservative bad-debt assumptions baked into guidance (75 bps), pressure and competition in the traditional acquisition market, and frustration with relative valuation that limits large-scale equity raises today. Taken together, the operational wins, pipeline visibility, and improved yields and returns outweigh the challenges, though execution and capital-market developments remain key risks.View all BNL earnings summariesBNL Stock 12 Month Forecast
Average Price Target
$22.60
▲(11.00% Upside)
Technical Analysis
Ownership Overview
1.14% Insiders
25.67% Mutual Funds
17.72% Other Institutional Investors
28.27% Public Companies and
Individual Investors