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

Company Overview

Broadstone Net Lease, Inc. (NYSE: BNL) is a real estate investment trust (REIT) that owns and manages a diversified portfolio of primarily single-tenant commercial properties. The company leases these properties to businesses under long-term, net lease agreements, in which tenants generally assume responsibility for property taxes, insurance and maintenance.

Broadstone’s portfolio is diversified across industries and includes properties used for healthcare, industrial, office, retail, restaurant and other business purposes. Its activities include acquiring and developing commercial real estate, managing properties and leasing space to creditworthy corporate tenants.

Founded in 2007, Broadstone Net Lease became a publicly traded company in 2020. The company serves tenants and property markets across the United States and is headquartered in Rochester, New York. Its operations are led by President and Chief Executive Officer John Moragne.

Key Stats

• Today's Range: $18.80 to $19.03
• 50-Day Range: $18.91 to $22.81
• 52-Week Range: $17.16 to $23.10
• Volume: 2.05 million shs
• Average Volume: 1.81 million shs
• Market Capitalization: $3.63 billion
• P/E Ratio: 24.88
• Dividend Yield: 6.19%
• Price Target: $22.78
• Consensus Rating: Moderate Buy

Broadstone Net Lease Stock Analysis - MarketRank™

Broadstone Net Lease scored higher than 91% of companies evaluated by MarketBeat, and ranked 32nd out of 187 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Moderate Buy

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 Potential

Broadstone Net Lease has a consensus price target of $22.78, representing about 20.4% upside from its current price of $18.91.

Amount of Analyst Coverage

Broadstone Net Lease has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.92%

Earnings Growth

Earnings for Broadstone Net Lease are expected to grow by 5.92% in the coming year, from $1.52 to $1.61 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Broadstone Net Lease is 24.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Broadstone Net Lease is 24.88, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 27.70.

Price to Book Value per Share Ratio

Broadstone Net Lease has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.24% 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 10.32, which indicates bearish sentiment.

Change versus previous month

Short interest in Broadstone Net Lease has recently decreased by 3.07%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Broadstone Net Lease is a leading dividend payer. It pays a dividend yield of 6.07%, 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.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 1.08

News Sentiment

Broadstone Net Lease has a news sentiment score of 1.08. 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 0.63 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Broadstone Net Lease this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for BNL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

4 people have added Broadstone Net Lease to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.9 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $106,100.00 in company stock, which represents 0.0029% 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.

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: 9/23/2026
• 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
• Sector: Real Estate
• Industry: Diversified REITs
• Sub-Industry: Diversified REITs
• Current Symbol: NYSE:BNL
• CIK: 1424182
• Web: www.broadstone.com
• Phone: 585-287-6500
• Fax: 585-625-3680
• Employees: 62
• Year Founded: 2007

Price Target and Rating

• Average Price Target for Broadstone Net Lease: $22.78
• High Price Target: $26.00
• Low Price Target: $19.00
• Potential Upside/Downside: +20.4%
• 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: 24.88
• Forward P/E Ratio: 12.44
• 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: $476.17 million
• Price / Sales: 7.62
• Cash Flow: $1.35 per share
• Price / Cash Flow: 13.99
• Book Value: $15.85 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 191,893,000
• Free Float: 189,936,000
• Market Cap: $3.63 billion
• Optionable: Optionable
• Beta: 0.91