Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Broadstone Net Lease (BNL)
NYSE:BNL
RESEARCH TOOLSreports
Broadstone Net Lease (BNL) Stock Price & Analysis
215 Followers
BNL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.20 - $17.23
Previous Close$15.65
Volume424.94K
Average Volume (3M)1.37M
Market Cap
$2.95B
Enterprise Value$4.99B
Total Cash (Recent Filing)$19.49M
Total Debt (Recent Filing)$1.91B
Price to Earnings (P/E)16.3
Beta0.90
Next Earnings
Jul 31, 2024EPS Estimate
$0.17Next Dividend Ex-Date
Jun 28, 2024Dividend Yield7.2%
Share Statistics
EPS (TTM)0.96
Shares Outstanding188,430,015
10 Day Avg. Volume988,538
30 Day Avg. Volume1,372,052
Standard Deviation0.08
R-Squared0.52
Alpha-0.00735
Financial Highlights & Ratios
Price to Book (P/B)1.22
Price to Sales (P/S)28.09
Price to Cash Flow (P/CF)12.20
P/FCF Ratio9.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.26
Enterprise Value/Gross Profit11.26
Enterprise Value/Ebitda14.67
Forecast
1Y Price Target
$17.60Price Target Upside12.35% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Broadstone Net Lease News
PremiumCompany Announcements
Broadstone Net Lease Q1 2024 Earnings Reveal and WebcastBulls Say, Bears Say
Bulls Say
Financial PerformanceBroadstone Net Lease reported earnings ahead of expectations, demonstrating a strong financial performance and suggesting confidence in their financial outlook.
Portfolio ManagementWith the sale of healthcare properties and the acquisition of new industrial and retail assets, Broadstone Net Lease is actively managing its portfolio for diversification and growth, aligning more closely with net-lease REIT peers.
Strategic PivotThe company's shift away from healthcare assets towards industrial and retail properties is expected to improve Broadstone Net Lease's cost of capital and expand its investment multiple.
Bears Say
Financial StabilityPotential increase in bad debt due to continued bankruptcies could impact the financial stability.
Growth ProspectsDowngrading to Peer Perform from Outperform due to recent estimate reductions for the following years and a subdued outlook for growth.
Revenue ImpactRed Lobster's stalled turnaround plan and potential bankruptcy or sale could impact BNL's revenue, as BNL is a landlord to Red Lobster.
---
Ownership Overview
2.50% Insiders
27.89% Mutual Funds
35.71% Other Institutional Investors
33.89% 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.
---
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 71 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 7.2%. See more information on Broadstone Net Lease dividends here
What is Broadstone Net Lease’s EPS estimate?
Broadstone Net Lease’s EPS estimate is $0.17.
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 29M.
---
Broadstone Net Lease Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$17.60 (12.35% Upside)
$17.60 (12.35% Upside)
Blogger Sentiment
Bullish
BNL Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 497.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $329.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.8%
Last 30 Days ▲ 10.1%
Last 30 Days ▲ 10.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
5.96%
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.
---
BNL Earnings Call
Q1 2024
0:00 / 0:00
---
BNL Stock 12 Month Forecast
Average Price Target
$17.60
▲(12.35% Upside)
Technical Analysis
Best Analysts Covering BNL
1 Year
1 Year Success Rate
7/14 ratings generated profit
1 Year Average Return
+1.28%
reiterated a buy rating 3 months ago
Copying Michael Gorman's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +1.28% per trade.
---