NYSE:BNL Broadstone Net Lease (BNL) Stock Price, News & Analysis $18.02 +0.35 (+1.98%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$17.72▼$18.0750-Day Range$14.74▼$18.0252-Week Range$13.68▼$18.08Volume1.01 million shsAverage Volume1.21 million shsMarket Capitalization$3.40 billionP/E Ratio18.77Dividend Yield6.44%Price Target$16.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Broadstone Net Lease alerts: Email Address Broadstone Net Lease MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside7.0% Downside$16.75 Price TargetShort InterestHealthy1.86% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth3.60%From $1.39 to $1.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.33 out of 5 starsFinance Sector760th out of 898 stocksReal Estate Investment Trusts Industry154th out of 181 stocks 1.0 Analyst's Opinion Consensus RatingBroadstone Net Lease has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageBroadstone Net Lease has only been the subject of 1 research reports in the past 90 days.Read more about Broadstone Net Lease's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.86% 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 3.1, 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 5.17%, 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 6.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBroadstone Net Lease does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Broadstone Net Lease is 120.83%. 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 80.56% in the coming year. This indicates that Broadstone Net Lease may not be able to sustain their current dividend.Read more about Broadstone Net Lease's 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 2.6 News and Social Media Coverage News SentimentBroadstone Net Lease has a news sentiment score of 0.67. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Broadstone Net Lease this week, compared to 3 articles on an average week.Search InterestOnly 7 people have searched for BNL on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Broadstone Net Lease to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 0.62% of the stock of Broadstone Net Lease is held by insiders.Percentage Held by Institutions89.07% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Broadstone Net Lease are expected to grow by 3.60% in the coming year, from $1.39 to $1.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Broadstone Net Lease is 18.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Broadstone Net Lease is 18.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.20.Price to Book Value per Share RatioBroadstone Net Lease has a P/B Ratio of 1.06. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIHeard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…Click here now to get all the details. 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 HeadlinesJuly 26 at 12:34 PM | americanbankingnews.comBroadstone Net Lease (NYSE:BNL) Sets New 1-Year High at $17.84July 24 at 11:35 AM | msn.com8 Stocks to play into the REIT sector momentum - BTIGJuly 26, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.July 23 at 4:13 AM | americanbankingnews.comBroadstone Net Lease (BNL) Set to Announce Quarterly Earnings on TuesdayJuly 8, 2024 | seekingalpha.comBroadstone Net Lease: An Attractive Yield For Income InvestorsJune 3, 2024 | businesswire.comBroadstone Net Lease Provides an Update on Recent Business Activity and Announces Participation at Nareit's REITWeek: 2024 Investor ConferenceJune 3, 2024 | seekingalpha.comBroadstone Net Lease: Higher For Longer Interest Rates Keeping The Stock UndervaluedMay 21, 2024 | seekingalpha.comBroadstone Net Lease: Very Much UnderestimatedJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 18, 2024 | 247wallst.com3 Passive Income Dividend Stocks To Buy in MayMay 17, 2024 | finance.yahoo.comBroadstone Net Lease, Inc. (BNL)May 4, 2024 | finance.yahoo.comBroadstone Net Lease, Inc. Just Recorded A 103% EPS Beat: Here's What Analysts Are Forecasting NextMay 3, 2024 | finance.yahoo.comBroadstone Net Lease, Inc. (NYSE:BNL) Q1 2024 Earnings Call TranscriptMay 3, 2024 | finance.yahoo.comQ1 2024 Broadstone Net Lease Inc Earnings CallMay 3, 2024 | finance.yahoo.comBroadstone Net Lease Inc (BNL) (Q1 2024) Earnings Call Transcript Highlights: Strategic Moves ...May 2, 2024 | msn.comBroadstone Net Lease declares $0.29 dividendMay 2, 2024 | markets.businessinsider.comBuy Rating Justified by Broadstone Net Lease’s Strong Performance and Strategic Asset ManagementMay 2, 2024 | markets.businessinsider.comBroadstone Net Lease: Hold Rating Affirmed Amidst Modest Gains and Tenant Risk ConcernsSee 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 Earnings5/01/2024Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Today7/26/2024Next Earnings (Confirmed)7/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryTrading Current SymbolNYSE:BNL CUSIPN/A CIK1424182 Webwww.broadstone.com Phone585-287-6500Fax585-625-3680Employees70Year FoundedN/APrice Target and Rating Average Stock Price Target$16.75 High Stock Price Target$19.00 Low Stock Price Target$14.00 Potential Upside/Downside-7.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.96 Trailing P/E Ratio18.77 Forward P/E Ratio12.96 P/E GrowthN/ANet Income$155.48 million Net Margins42.23% Pretax Margin44.45% Return on Equity5.60% Return on Assets3.41% Debt Debt-to-Equity RatioN/A Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$442.89 million Price / Sales7.67 Cash Flow$1.70 per share Price / Cash Flow10.61 Book Value$17.03 per share Price / Book1.06Miscellaneous Outstanding Shares188,430,000Free Float187,262,000Market Cap$3.40 billion OptionableOptionable Beta1.11 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. John D. Moragne (Age 41)CEO & Director Comp: $1.8MMr. Ryan M. Albano CPA (Age 42)President & COO Comp: $1.36MMr. Timothy D. Dieffenbacher (Age 36)Senior VP, Chief Accounting Officer & Treasurer Ms. Molly Kelly Wiegel (Age 52)Senior Vice President of Human Resources & Administration Mr. Michael B. Caruso (Age 29)Senior Vice President of Underwriting & Strategy Ms. Jennie O'Brien (Age 41)Senior VP of Accounting & Controller More ExecutivesKey CompetitorsJefferies Financial GroupNYSE:JEFEssential Properties Realty TrustNYSE:EPRTStepStone GroupNASDAQ:STEPFreedomNASDAQ:FRHCPiper Sandler CompaniesNYSE:PIPRView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 54,885 shares on 7/26/2024Ownership: 0.938%Legato Capital Management LLCBought 88,473 shares on 7/26/2024Ownership: 0.047%Allspring Global Investments Holdings LLCSold 19,057 shares on 7/26/2024Ownership: 0.014%Chevy Chase Trust Holdings LLCSold 1,294 shares on 7/22/2024Ownership: 0.053%Nisa Investment Advisors LLCSold 2,501 shares on 7/20/2024Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions BNL Stock Analysis - Frequently Asked Questions How have BNL shares performed this year? Broadstone Net Lease's stock was trading at $17.22 at the start of the year. Since then, BNL stock has increased by 4.6% and is now trading at $18.02. View the best growth stocks for 2024 here. How were Broadstone Net Lease's earnings last quarter? Broadstone Net Lease, Inc. (NYSE:BNL) issued its quarterly earnings results on Wednesday, May, 1st. The company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The company had revenue of $105.37 million for the quarter, compared to analysts' expectations of $107.76 million. Broadstone Net Lease had a net margin of 42.23% and a trailing twelve-month return on equity of 5.60%. When did Broadstone Net Lease IPO? Broadstone Net Lease (BNL) raised $603 million in an initial public offering (IPO) 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. Who are Broadstone Net Lease's major shareholders? Top institutional shareholders of Broadstone Net Lease include Bank of New York Mellon Corp (0.94%), Sumitomo Mitsui Trust Holdings Inc. (0.60%), Wealth Enhancement Advisory Services LLC (0.21%) and Prairiewood Capital LLC (0.17%). Insiders that own company stock include Ryan M Albano, John David Moragne, Kevin Fennell, Roderick Pickney, Michael A Coke, Michael B Caruso and Laurier J Lessard Jr. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Broadstone Net Lease own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Advanced Emissions Solutions (ADES). This page (NYSE:BNL) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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