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S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
'A Gold Storm Is Coming' (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
'A Gold Storm Is Coming' (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
CEO of biggest PE firm predicts “social unrest” (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
'A Gold Storm Is Coming' (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
'A Gold Storm Is Coming' (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
CEO of biggest PE firm predicts “social unrest” (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
'A Gold Storm Is Coming' (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
'A Gold Storm Is Coming' (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
CEO of biggest PE firm predicts “social unrest” (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
NYSE:BNL

Broadstone Net Lease - BNL Stock Forecast, Price & News

$15.46
-0.95 (-5.79%)
(As of 09/27/2022 12:00 AM ET)
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Compare
Today's Range
$15.43
$16.46
50-Day Range
$15.46
$22.67
52-Week Range
$15.43
$27.25
Volume
1.59 million shs
Average Volume
736,787 shs
Market Capitalization
$2.68 billion
P/E Ratio
21.18
Dividend Yield
6.58%
Price Target
$22.00

Broadstone Net Lease MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
37.5% Upside
$21.25 Price Target
Short Interest
Bearish
9.25% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.15mentions of Broadstone Net Lease in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.35%
From $1.48 to $1.50 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Finance Sector

679th out of 898 stocks

Real Estate Investment Trusts Industry

154th out of 194 stocks

BNL stock logo

About Broadstone Net Lease (NYSE:BNL) Stock

BNL is an internally-managed 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. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.

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BNL Stock News Headlines

Broadstone Net Lease Enters Oversold Territory
Broadstone Net Lease goes ex-dividend tomorrow
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BNL Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Today
9/28/2022
Ex-Dividend for 10/14 Dividend
9/29/2022
Dividend Payable
10/14/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Employees
76
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$21.25
High Stock Price Forecast
$23.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+42.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$102.43 million
Pretax Margin
31.55%

Debt

Sales & Book Value

Annual Sales
$382.88 million
Cash Flow
$1.29 per share
Book Value
$16.88 per share

Miscellaneous

Free Float
171,661,000
Market Cap
$2.68 billion
Optionable
Not Optionable
Beta
1.06

Key Executives

  • Mr. Christopher J. Czarnecki (Age 41)
    CEO, Pres & Non-Independent Director
    Comp: $2.05M
  • Ms. Amy Leenhouts Tait (Age 63)
    Co-Founder
    Comp: $28.72k
  • Mr. Ryan M. Albano CPA (Age 40)
    Exec. VP & CFO
    Comp: $1.13M
  • Mr. John D. Moragne (Age 40)
    Exec. VP & COO
    Comp: $1.13M
  • Mr. Roderick A. PickneyMr. Roderick A. Pickney (Age 44)
    Sr. VP of Acquisitions
    Comp: $521.52k
  • Ms. Andrea T. Wright (Age 40)
    Sr. VP of Property Management
    Comp: $346.79k
  • Mr. Timothy D. Dieffenbacher (Age 34)
    Sr. VP, Chief Accounting Officer & Treasurer
  • Mr. Michael B. Caruso (Age 28)
    Sr. VP of Corp. Fin. & Investor Relations
  • Mr. John D. Callan Jr. (Age 37)
    Sr. VP, Gen. Counsel & Sec.
  • Ms. Molly Kelly Wiegel (Age 51)
    Sr. VP of HR













BNL Stock - Frequently Asked Questions

Should I buy or sell Broadstone Net Lease stock right now?

4 Wall Street research 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 research 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 forecast for 2022?

4 Wall Street research analysts have issued 12-month price targets for Broadstone Net Lease's shares. Their BNL share price forecasts range from $19.00 to $23.00. On average, they anticipate the company's share price to reach $21.25 in the next twelve months. This suggests a possible upside of 37.5% 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 2022?

Broadstone Net Lease's stock was trading at $24.82 at the beginning of the year. Since then, BNL stock has decreased by 37.7% and is now trading at $15.46.
View the best growth stocks for 2022 here
.

When is Broadstone Net Lease's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our BNL earnings forecast
.

How were Broadstone Net Lease's earnings last quarter?

Broadstone Net Lease, Inc. (NYSE:BNL) issued its earnings results on Tuesday, May, 3rd. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.01. Broadstone Net Lease had a trailing twelve-month return on equity of 4.22% and a net margin of 29.28%. During the same quarter last year, the company posted $0.31 EPS.

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, July 28th. Shareholders of record on Friday, September 30th will be paid a dividend of $0.27 per share on Friday, October 14th. This represents a $1.08 annualized dividend and a yield of 6.99%. The ex-dividend date of this dividend is Thursday, September 29th.
Read our dividend analysis for BNL
.

Is Broadstone Net Lease a good dividend stock?

Broadstone Net Lease (NYSE:BNL) pays an annual dividend of $1.08 per share and currently has a dividend yield of 6.58%. BNL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 147.95%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BNL will have a dividend payout ratio of 72.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BNL.

What guidance has Broadstone Net Lease issued on next quarter's earnings?

Broadstone Net Lease issued an update on its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided EPS guidance of $1.38-$1.40 for the period. The company issued revenue guidance of -.

What other stocks do shareholders of Broadstone Net Lease own?
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 a price of $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.

What is Broadstone Net Lease's stock symbol?

Broadstone Net Lease trades on the New York Stock Exchange (NYSE) under the ticker symbol "BNL."

Who are Broadstone Net Lease's major shareholders?

Broadstone Net Lease's stock is owned by many different institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (7.62%), United Capital Financial Advisers LLC (6.91%), State Street Corp (4.51%), Massachusetts Financial Services Co. MA (1.99%), Northern Trust Corp (1.22%) and Lumature Wealth Partners LLC (1.18%). Insiders that own company stock include Kristen Duckles, Laurie A Hawkes, Laurier J Lessard Jr, Molly Wiegel and Roderick Pickney.
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.

What is Broadstone Net Lease's stock price today?

One share of BNL stock can currently be purchased for approximately $15.46.

How much money does Broadstone Net Lease make?

Broadstone Net Lease (NYSE:BNL) has a market capitalization of $2.68 billion and generates $382.88 million in revenue each year. The company earns $102.43 million in net income (profit) each year or $0.73 on an earnings per share basis.

How can I contact Broadstone Net Lease?

The official website for the company is www.broadstone.com. The company can be reached via phone at 585-287-6500, via email at investorrelations@broadstone.com, or via fax at 585-625-3680.

This page (NYSE:BNL) was last updated on 9/28/2022 by MarketBeat.com Staff

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