Broadstone Net Lease Stock Price, News & Analysis (NYSE:BNL) $15.86 -0.02 (-0.13%) (As of 11/27/2023 ET) Add Compare Share Share Today's Range$15.72▼$16.0150-Day Range$13.78▼$15.9752-Week Range$13.68▼$18.54Volume1.22 million shsAverage Volume1.15 million shsMarket Capitalization$2.97 billionP/E Ratio16.03Dividend Yield7.06%Price Target$17.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Broadstone Net Lease MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside11.4% Upside$17.67 Price TargetShort InterestHealthy1.80% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-1.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth2.17%From $1.38 to $1.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.03 out of 5 starsFinance Sector568th out of 844 stocksReal Estate Investment Trusts Industry120th out of 181 stocks 2.1 Analyst's Opinion Consensus RatingBroadstone Net Lease has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.67, Broadstone Net Lease has a forecasted upside of 11.4% from its current price of $15.87.Amount of Analyst CoverageBroadstone Net Lease has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.80% of the float of Broadstone Net Lease has been sold short.Short Interest Ratio / Days to CoverBroadstone Net Lease has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Broadstone Net Lease has recently increased by 15.75%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipBroadstone Net Lease is a leading dividend payer. It pays a dividend yield of 7.05%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBroadstone Net Lease has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Broadstone Net Lease is 113.13%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Broadstone Net Lease will have a dividend payout ratio of 79.43% in the coming year. This indicates that Broadstone Net Lease may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BNL. Previous Next 0.6 News and Social Media Coverage News SentimentBroadstone Net Lease has a news sentiment score of -1.00. 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 lower news sentiment than the 0.69 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Broadstone Net Lease this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for BNL on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Broadstone Net Lease insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.84% of the stock of Broadstone Net Lease is held by insiders.Percentage Held by Institutions77.42% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Broadstone Net Lease are expected to grow by 2.17% in the coming year, from $1.38 to $1.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Broadstone Net Lease is 16.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Broadstone Net Lease is 16.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.56.Price to Book Value per Share RatioBroadstone Net Lease has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Broadstone Net Lease Stock (NYSE:BNL)BNL is an industrial-focused, diversified net lease 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. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of September 30, 2023, BNL's diversified portfolio consisted of 800 individual net leased commercial properties with 793 properties located in 44 U.S. states and seven properties located in four Canadian provinces across the industrial, healthcare, restaurant, retail, and office property types.Read More BNL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BNL Stock News HeadlinesNovember 28, 2023 | americanbankingnews.comBroadstone Net Lease (NYSE:BNL) Price Target Cut to $17.00 by Analysts at Truist FinancialNovember 4, 2023 | finance.yahoo.comBroadstone Net Lease, Inc. (NYSE:BNL) Q3 2023 Earnings Call TranscriptNovember 28, 2023 | DTI Trader (Ad)Important info on NVDA tradeToday, I’m pulling back the curtain on my all-new Everyday Income project. A way for everyday folks to target a couple hundred bucks or more every single day the markets are open… Without breaking a sweat!November 3, 2023 | msn.comBroadstone Net Lease: High Yield With A Limited DownsideNovember 3, 2023 | markets.businessinsider.comAnalysts Are Neutral on These NA Stocks: Claros Mortgage Trust, Inc. (CMTG), Broadstone Net Lease (BNL)November 3, 2023 | seekingalpha.comBroadstone Net Lease, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 2, 2023 | finance.yahoo.comFavourable Signals For Broadstone Net Lease: Numerous Insiders Acquired StockNovember 1, 2023 | msn.comBroadstone Net Lease, Inc. (BNL) Surpasses Q3 FFO EstimatesNovember 28, 2023 | DTI Trader (Ad)Important info on NVDA tradeToday, I’m pulling back the curtain on my all-new Everyday Income project. A way for everyday folks to target a couple hundred bucks or more every single day the markets are open… Without breaking a sweat!November 1, 2023 | seekingalpha.comBroadstone Net Lease declares $0.285 dividendNovember 1, 2023 | finance.yahoo.comBroadstone Net Lease Announces Third Quarter 2023 ResultsNovember 1, 2023 | finance.yahoo.comBroadstone Net Lease Inc (BNL) Announces Q3 2023 Earnings: Net Income of $52.1 MillionOctober 24, 2023 | seekingalpha.comBroadstone Net Lease: High Dividend And Good Upside (Rating Upgrade)October 11, 2023 | finance.yahoo.comBroadstone Net Lease, Inc. Schedules Third Quarter 2023 Earnings Release and Conference CallOctober 1, 2023 | msn.comBroadstone Net Lease: 7.8% Yield, Cheap, SafeSeptember 21, 2023 | seekingalpha.comBroadstone Net Lease: A Spread Worth ConsideringSeptember 21, 2023 | markets.businessinsider.comBroadstone Net Lease (BNL) Initiated with a Hold at JMP SecuritiesAugust 30, 2023 | msn.com7% Yield And Undervalued - What To Make Of Broadstone Net Lease?August 29, 2023 | msn.comBroadstone Net Lease: Over 20% Upside Potential With 7% Yielding DividendAugust 12, 2023 | finance.yahoo.comRising Rates Are a Problem, but This 6.8% Yielder Is Making the Best of ItAugust 6, 2023 | seekingalpha.comBroadstone Net Lease, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 3, 2023 | finance.yahoo.comBroadstone Net Lease, Inc. (BNL) Matches Q2 FFO EstimatesAugust 3, 2023 | finance.yahoo.comREITs Are Looking Up; Here Are 2 to ConsiderJuly 30, 2023 | finance.yahoo.comBroadstone Net Lease (NYSE:BNL) shareholders have endured a 22% loss from investing in the stock a year agoJuly 27, 2023 | fool.comBroadstone Net Lease (NYSE: BNL)July 24, 2023 | msn.comReplace Realty Income With Broadstone Net LeaseJuly 24, 2023 | seekingalpha.comBroadstone Net Lease: Safe, High Yield From This Diversified REITSee More Headlines Receive BNL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Broadstone Net Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/03/2022Ex-Dividend for 10/13 Dividend9/28/2023Dividend Payable10/13/2023Today11/28/2023Ex-Dividend for 1/12 Dividend12/28/2023Fiscal Year End12/31/2023Dividend Payable1/12/2024Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:BNL CUSIPN/A CIK1424182 Webwww.broadstone.com Phone585-287-6500Fax585-625-3680Employees73Year FoundedN/APrice Target and Rating Average Stock Price Target$17.67 High Stock Price Target$19.00 Low Stock Price Target$17.00 Potential Upside/Downside+13.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.99 Trailing P/E Ratio16.03 Forward P/E Ratio11.50 P/E GrowthN/ANet Income$122.11 million Net Margins40.83% Pretax Margin43.20% Return on Equity5.64% Return on Assets3.42% Debt Debt-to-Equity RatioN/A Current Ratio0.10 Quick Ratio0.10 Sales & Book Value Annual Sales$407.51 million Price / Sales7.29 Cash Flow$1.48 per share Price / Cash Flow10.72 Book Value$17.53 per share Price / Book0.91Miscellaneous Outstanding Shares187,260,000Free Float185,684,000Market Cap$2.97 billion OptionableNot Optionable Beta1.09 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. John D. Moragne (Age 40)CEO & Director Comp: $1.2MMr. Ryan M. Albano CPA (Age 41)President & COO Comp: $1.2MMr. John D. Callan Jr. (Age 38)Senior VP, General Counsel & Secretary Comp: $505.52kMr. Christopher J. Czarnecki (Age 42)Advisor Comp: $1.91MMr. Roderick A. Pickney (Age 45)Senior Vice President of Acquisitions Comp: $627.87kMr. Kevin M. Fennell (Age 36)Executive VP & CFO Mr. Timothy D. Dieffenbacher (Age 35)Senior VP, Chief Accounting Officer & Treasurer Ms. Molly Kelly Wiegel (Age 51)Senior Vice President of Human Resources & Administration Mr. Michael B. Caruso (Age 28)Senior Vice President of Corporate Strategy & Investor Relations Ms. Andrea T. Wright (Age 41)Senior Vice President of Property Management Comp: $346.79kMore ExecutivesKey CompetitorsIndependence Realty TrustNYSE:IRTCousins PropertiesNYSE:CUZNational Storage Affiliates TrustNYSE:NSASITE CentersNYSE:SITCCareTrust REITNASDAQ:CTREView All CompetitorsInsiders & InstitutionsDeutsche Bank AGSold 38,831 shares on 11/24/2023Ownership: 0.066%Graham Capital Management L.P.Bought 43,734 shares on 11/22/2023Ownership: 0.049%Tompkins Financial CorpBought 116,191 shares on 11/21/2023Ownership: 0.062%Walleye Capital LLCBought 11,874 shares on 11/21/2023Ownership: 0.006%Comerica BankBought 4,290 shares on 11/21/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions BNL Stock Analysis - Frequently Asked Questions Should I buy or sell Broadstone Net Lease stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadstone Net Lease in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BNL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BNL, but not buy additional shares or sell existing shares. View BNL analyst ratings or view top-rated stocks. What is Broadstone Net Lease's stock price target for 2024? 4 equities research analysts have issued 1-year price objectives for Broadstone Net Lease's stock. Their BNL share price targets range from $17.00 to $19.00. On average, they predict the company's stock price to reach $17.67 in the next year. This suggests a possible upside of 11.4% from the stock's current price. View analysts price targets for BNL or view top-rated stocks among Wall Street analysts. How have BNL shares performed in 2023? Broadstone Net Lease's stock was trading at $16.21 at the start of the year. Since then, BNL stock has decreased by 2.1% and is now trading at $15.8650. View the best growth stocks for 2023 here. Are investors shorting Broadstone Net Lease? Broadstone Net Lease saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 3,160,000 shares, an increase of 15.8% from the October 15th total of 2,730,000 shares. Based on an average daily trading volume, of 996,600 shares, the days-to-cover ratio is currently 3.2 days. Approximately 1.8% of the shares of the stock are short sold. View Broadstone Net Lease's Short Interest. When is Broadstone Net Lease's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our BNL earnings forecast. How were Broadstone Net Lease's earnings last quarter? Broadstone Net Lease, Inc. (NYSE:BNL) announced its quarterly earnings results on Tuesday, May, 3rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.01. Broadstone Net Lease had a trailing twelve-month return on equity of 5.64% and a net margin of 40.83%. During the same quarter last year, the firm earned $0.31 earnings per share. How often does Broadstone Net Lease pay dividends? What is the dividend yield for Broadstone Net Lease? Broadstone Net Lease declared a quarterly dividend on Thursday, October 26th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.285 per share on Friday, January 12th. This represents a $1.14 annualized dividend and a dividend yield of 7.19%. The ex-dividend date is Thursday, December 28th. This is an increase from the stock's previous quarterly dividend of $0.28. Read our dividend analysis for BNL. Is Broadstone Net Lease a good dividend stock? Broadstone Net Lease (NYSE:BNL) pays an annual dividend of $1.12 per share and currently has a dividend yield of 7.05%. BNL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 113.13%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BNL will have a dividend payout ratio of 79.43% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for BNL. What ETFs hold Broadstone Net Lease's stock? ETFs with the largest weight of Broadstone Net Lease (NYSE:BNL) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), Global X SuperDividend REIT ETF (SRET), U.S. Diversified Real Estate ETF (PPTY), Invesco KBW Premium Yield Equity REIT ETF (KBWY) and ALPS REIT Dividend Dogs ETF (RDOG).JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC). What other stocks do shareholders of Broadstone Net Lease own? Based on aggregate information from My MarketBeat watchlists, some companies that other Broadstone Net Lease investors own include Cross Timbers Royalty Trust (CRT), InfraCap MLP ETF (AMZA), Alliance Resource Partners (ARLP), Brigham Minerals (MNRL), Arbor Realty Trust (ABR), Advanced Emissions Solutions (ADES), Archer-Daniels-Midland (ADM), AGNC Investment (AGNC) and AMC Entertainment (AMC). When did Broadstone Net Lease IPO? (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 served as the underwriters for the IPO and Regions Securities, BTIG, KeyBanc Capital Markets and Ramirez were co-managers. Who are Broadstone Net Lease's major shareholders? Broadstone Net Lease's stock is owned by a number of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (7.72%), Massachusetts Financial Services Co. MA (2.68%), Charles Schwab Investment Management Inc. (1.40%), Northern Trust Corp (1.15%), New England Private Wealth Advisors LLC (1.10%) and Aew Capital Management L P (1.10%). Insiders that own company stock include John David Moragne, Kevin Fennell, Laurier J Lessard Jr, Michael A Coke, Michael B Caruso, Molly Wiegel, Roderick Pickney and Ryan M Albano. View institutional ownership trends. How do I buy shares of Broadstone Net Lease? Shares of BNL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:BNL) was last updated on 11/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Broadstone Net Lease, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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