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Broadstone Net Lease (BNL) Stock Price, News & Analysis

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$21.18 +0.05 (+0.24%)
As of 12:46 PM Eastern

About Broadstone Net Lease Stock (NYSE:BNL)

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Key Stats

Today's Range
$21.08
$21.27
50-Day Range
$20.49
$22.81
52-Week Range
$17.16
$23.10
Volume
274,311 shs
Average Volume
2.19 million shs
Market Capitalization
$4.06 billion
P/E Ratio
27.87
Dividend Yield
5.52%
Price Target
$22.78
Consensus Rating
Moderate Buy

Company Overview

Broadstone Net Lease, Inc. (NYSE: BNL) is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.

Broadstone Net Lease’s portfolio spans a variety of property types, including industrial facilities, distribution centers, manufacturing plants, life science and office buildings, and essential retail locations. The company seeks to partner with investment-grade and mid-market tenants on triple-net leases, which require tenants to cover property taxes, insurance, and maintenance, thereby reducing Broadstone Net Lease’s direct exposure to day-to-day property management.

Established through an initial public offering in late 2021, Broadstone Net Lease is externally managed by Broadstone Real Estate, a private real estate investment manager with decades of experience in net lease investing. Broadstone Real Estate provides the REIT with a full suite of asset management, property management and capital markets services. Since its formation, Broadstone Net Lease has focused on disciplined portfolio growth and risk management through tenant diversification and lease term optimization.

Headquartered in Denver, Colorado, Broadstone Net Lease owns properties across key U.S. markets, targeting regions with strong economic fundamentals and population growth. The company’s leadership team comprises real estate professionals with deep backgrounds in acquisitions, leasing, and portfolio management, positioning BNL to pursue its long-term objective of delivering dependable distributions and sustainable growth for its shareholders.

AI Generated. May Contain Errors.

Broadstone Net Lease Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
81st Percentile Overall Score

BNL MarketRank™: 

Broadstone Net Lease scored higher than 81% of companies evaluated by MarketBeat, and ranked 44th out of 189 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Broadstone Net Lease has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on no strong buy ratings, 7 buy ratings, 4 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Broadstone Net Lease is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Broadstone Net Lease has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Broadstone Net Lease's stock forecast and price target.
  • Earnings Growth

    Earnings for Broadstone Net Lease are expected to grow by 5.23% in the coming year, from $1.53 to $1.61 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Broadstone Net Lease is 27.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Broadstone Net Lease is 27.87, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 28.84.

  • Price to Book Value per Share Ratio

    Broadstone Net Lease has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Broadstone Net Lease's valuation and earnings.
  • Percentage of Shares Shorted

    10.56% of the float of Broadstone Net Lease has been sold short.
  • Short Interest Ratio / Days to Cover

    Broadstone Net Lease has a short interest ratio ("days to cover") of 7.28.
  • Change versus previous month

    Short interest in Broadstone Net Lease has recently increased by 73.30%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Broadstone Net Lease is a leading dividend payer. It pays a dividend yield of 5.49%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Broadstone Net Lease has only been increasing its dividend for 4 years.

  • Dividend Coverage

    The dividend payout ratio of Broadstone Net Lease is 153.95%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Broadstone Net Lease will have a dividend payout ratio of 72.67% next year. This indicates that Broadstone Net Lease will be able to sustain or increase its dividend.

  • Read more about Broadstone Net Lease's dividend.
  • News Sentiment

    Broadstone Net Lease has a news sentiment score of 1.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.91 average news sentiment score of Real Estate companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Broadstone Net Lease this week, compared to 3 articles on an average week.
  • Search Interest

    3 people have searched for BNL on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Broadstone Net Lease to their MarketBeat watchlist in the last 30 days.
  • Net Insider Buying

    Over the last three months, insiders have purchased a net $106,100.00 in company stock, which represents 0.0026% of the company's market cap.

  • Insider Buying vs. Insider Selling

    In the past three months, Broadstone Net Lease insiders have bought more of their company's stock than they have sold. Specifically, they have bought $106,100.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    1.02% of the stock of Broadstone Net Lease is held by insiders.

  • Percentage Held by Institutions

    89.07% of the stock of Broadstone Net Lease is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Broadstone Net Lease's insider trading history.
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BNL Stock News Headlines

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Broadstone Net Lease Ups Guidance on Landmark JV
See More Headlines

BNL Stock Analysis - Frequently Asked Questions

Broadstone Net Lease's stock was trading at $17.37 at the start of the year. Since then, BNL shares have increased by 21.9% and is now trading at $21.18.

Broadstone Net Lease, Inc. (NYSE:BNL) posted its quarterly earnings results on Wednesday, July, 29th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.02. The firm had revenue of $122.31 million for the quarter, compared to analysts' expectations of $121.63 million. Broadstone Net Lease had a trailing twelve-month return on equity of 4.83% and a net margin of 30.61%.
Read the conference call transcript
.

Broadstone Net Lease (BNL) raised $603 million in an initial public offering on Thursday, September 17th 2020. The company issued 33,500,000 shares at $17.00-$19.00 per share. J.P. Morgan, Goldman Sachs, BMO Capital Markets, Morgan Stanley, Capital One Securities and Truist Securities acted as the underwriters for the IPO and Regions Securities, BTIG, KeyBanc Capital Markets and Ramirez were co-managers.

Top institutional investors of Broadstone Net Lease include BlackRock Inc. (18.00%), California State Teachers Retirement System (2.48%), Alyeska Investment Group L.P. (1.07%) and Bank of New York Mellon Corp (1.00%). Insiders that own company stock include Kevin Fennell, Michael A Coke and Richard P Imperiale.
View institutional ownership trends
.

Shares of BNL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Broadstone Net Lease investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

Record date for 7/15 Dividend
6/30/2026
Ex-Dividend for 7/15 Dividend
6/30/2026
Dividend Payable
7/15/2026
Last Earnings
7/29/2026
Today
8/28/2026
Record date for 10/15 Dividend
9/30/2026
Ex-Dividend for 10/15 Dividend
9/30/2026
Dividend Payable
10/15/2026
Next Earnings (Estimated)
11/04/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Diversified REITs
Sub-Industry
Diversified REITs
Current Symbol
NYSE:BNL
CIK
1424182
Employees
70
Year Founded
2007

Price Target and Rating

High Price Target
$26.00
Low Price Target
$19.00
Potential Upside/Downside
+7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.76
Trailing P/E Ratio
27.87
Forward P/E Ratio
13.84
P/E Growth
N/A
Net Income
$96.50 million
Net Margins
30.61%
Pretax Margin
31.50%
Return on Equity
4.83%
Return on Assets
2.54%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.07
Quick Ratio
0.07

Sales & Book Value

Annual Sales
$454.14 million
Price / Sales
8.95
Cash Flow
$1.36 per share
Price / Cash Flow
15.59
Book Value
$15.68 per share
Price / Book
1.35

Miscellaneous

Outstanding Shares
191,890,000
Free Float
189,936,000
Market Cap
$4.06 billion
Optionable
Optionable
Beta
0.92

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This page (NYSE:BNL) was last updated on 8/28/2026 by MarketBeat.com Staff.
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