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Broadstone Net Lease (BNL)
NYSE:BNL
RESEARCH TOOLSreports
Broadstone Net Lease (BNL) Stock Price & Analysis
208 Followers
BNL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.20 - $17.23
Previous Close$14.5
Volume437.77K
Average Volume (3M)1.38M
Market Cap
$2.74B
Enterprise Value$4.76B
Total Cash (Recent Filing)$19.49M
Total Debt (Recent Filing)$1.91B
Price to Earnings (P/E)17.5
Beta0.89
Next Earnings
May 01, 2024EPS Estimate
$0.18Last Dividend Ex-Date
Mar 27, 2024Dividend Yield7.79%
Share Statistics
EPS (TTM)0.83
Shares Outstanding187,707,247
10 Day Avg. Volume1,113,700
30 Day Avg. Volume1,379,324
Standard Deviation0.08
R-Squared0.51
Alpha-0.00683
Financial Highlights & Ratios
Price to Book (P/B)1.12
Price to Sales (P/S)25.92
Price to Cash Flow (P/CF)11.20
P/FCF Ratio8.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.74
Enterprise Value/Gross Profit10.74
Enterprise Value/Ebitda14.00
Forecast
1Y Price Target
$17.75Price Target Upside21.74% 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
PremiumCompany Announcements
Broadstone Net Lease Senior VP of Acquisitions ResignsBulls Say, Bears Say
Bulls Say
Financial StrategyThe company's initiative to sell non-core assets like Green Valley Hospital is paving the way for a more focused investment strategy and potential for increased financial performance.
Operational EfficiencyThrough office lease extensions without significant capital expenditure, Broadstone Net Lease is demonstrating operational efficiency, potentially leading to improved profitability.
Portfolio OptimizationBroadstone Net Lease's strategic pivot away from healthcare properties towards industrial and retail sectors is set to strengthen the portfolio and enhance cash flow stability.
Bears Say
Debt Financing RiskRefinancing risk is expected to increase due to significant swap rollovers, potentially leading to earnings headwinds.
Financial OutlookDowngrading to Peer Perform from Outperform due to recent estimate reductions for the following years and a subdued outlook for growth.
Real Estate Portfolio ConcernsOffice lease expirations are projected to start, with major expiration years adding expiration risk and possible earnings dilution.
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Ownership Overview
2.48% Insiders
27.75% Mutual Funds
23.26% Other Institutional Investors
46.51% 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 May 01, 2024 which is in 7 days.
How were Broadstone Net Lease’s earnings last quarter?
Broadstone Net Lease released its earnings results on Feb 21, 2024. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.187 by -$0.157.
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 $0.28 which represents an annual dividend yield of 7.79%. 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 187,707,240 shares outstanding.
What happened to Broadstone Net Lease’s price movement after its last earnings report?
Broadstone Net Lease reported an EPS of $0.03 in its last earnings report, missing expectations of $0.187. Following the earnings report the stock price went down -5.007%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$17.75 (21.74% Upside)
$17.75 (21.74% Upside)
Blogger Sentiment
Bullish
BNL Sentiment 100%
Sector Average 70%
Sector Average 70%
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
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.15%
12-Months-Change
Fundamentals
Return on Equity
5.06%
Trailing 12-Months
Asset Growth
-3.46%
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 Company Deck
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BNL Earnings Call
Q4 2024
0:00 / 0:00
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BNL Stock 12 Months Forecast
Average Price Target
$17.75
▲(21.74% Upside)
Technical Analysis
Best Analysts Covering BNL
1 Year
1 Year Success Rate
3/14 ratings generated profit
1 Year Average Return
-1.37%
reiterated a buy rating 2 months ago
Copying Michael Gorman's trades and holding each position for 1 Year would result in 21.43% of your transactions generating a profit, with an average return of -1.37% per trade.
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