NYSE:BNL

Broadstone Net Lease Stock Forecast, Price & News

$26.50
+0.01 (+0.04 %)
(As of 09/16/2021 03:21 PM ET)
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Today's Range
$26.37
$26.70
50-Day Range
$24.13
$27.91
52-Week Range
$15.90
$28.00
Volume12,613 shs
Average Volume1.35 million shs
Market Capitalization$4.21 billion
P/E Ratio56.38
Dividend Yield3.86%
BetaN/A
30 days | 90 days | 365 days | Advanced Chart
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Broadstone Net Lease logo

About Broadstone Net Lease

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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MarketRank

Overall MarketRank

2.23 out of 5 stars

Finance Sector

449th out of 1,329 stocks

Real Estate Investment Trusts Industry

110th out of 219 stocks

Analyst Opinion: 1.2Community Rank: 3.7Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Broadstone Net Lease (NYSE:BNL) Frequently Asked Questions

Is Broadstone Net Lease a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Broadstone Net Lease in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Broadstone Net Lease stock. 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 analyst ratings for Broadstone Net Lease
or view top-rated stocks.

What stocks does MarketBeat like better than Broadstone Net Lease?

Wall Street analysts have given Broadstone Net Lease a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Broadstone Net Lease wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Broadstone Net Lease's next earnings date?

Broadstone Net Lease is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Broadstone Net Lease
.

How were Broadstone Net Lease's earnings last quarter?

Broadstone Net Lease, Inc. (NYSE:BNL) announced its earnings results on Monday, August, 2nd. The company reported $0.14 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.14. Broadstone Net Lease had a net margin of 20.71% and a trailing twelve-month return on equity of 2.67%.
View Broadstone Net Lease's earnings history
.

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 Wednesday, August 4th. Investors of record on Thursday, September 30th will be paid a dividend of $0.255 per share on Friday, October 15th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date is Wednesday, September 29th.
View Broadstone Net Lease's dividend history
.

Is Broadstone Net Lease a good dividend stock?

Broadstone Net Lease pays an annual dividend of $1.02 per share and currently has a dividend yield of 3.86%. Broadstone Net Lease does not yet have a strong track record of dividend growth. The dividend payout ratio of Broadstone Net Lease is 72.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Broadstone Net Lease will have a dividend payout ratio of 69.86% next year. This indicates that Broadstone Net Lease will be able to sustain or increase its dividend.
View Broadstone Net Lease's dividend history.

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

Broadstone Net Lease updated its FY 2021 earnings guidance on Tuesday, August, 10th. The company provided EPS guidance of $1.300-$1.340 for the period. The company issued revenue guidance of -.

What price target have analysts set for BNL?

9 brokers have issued 1 year target prices for Broadstone Net Lease's shares. Their forecasts range from $20.00 to $27.00. On average, they expect Broadstone Net Lease's share price to reach $24.75 in the next year. This suggests that the stock has a possible downside of 6.7%.
View analysts' price targets for Broadstone Net Lease
or view top-rated stocks among Wall Street analysts.

Who are Broadstone Net Lease's key executives?

Broadstone Net Lease's management team includes the following people:
  • Mr. Christopher J. Czarnecki, CEO, Pres & Non-Independent Director (Age 40, Pay $1.38M)
  • Ms. Amy Leenhouts Tait, Co-Founder (Age 62, Pay $57.39k)
  • Mr. Ryan M. Albano CPA, Exec. VP & CFO (Age 39, Pay $1.08M)
  • Mr. John D. Moragne, Exec. VP, COO & Sec. (Age 38, Pay $1.08M)
  • Mr. Timothy D. Dieffenbacher, Sr. VP, Chief Accounting Officer & Treasurer (Age 33)
  • Mr. Michael B. Caruso, Sr. VP of Corp. Fin. & Investor Relations (Age 27)
  • Ms. Kristen A. Duckles CPA, Sr. VP & Chief Admin. Officer (Age 44)
  • Mr. John D. Callan Jr., Sr. VP, Gen. Counsel & Assistant Sec. (Age 36)
  • Ms. Molly Kelly Wiegel, Sr. VP of HR (Age 50)
  • Mr. Roderick A. Pickney, Sr. VP of Acquisitions (Age 43)

Who are some of Broadstone Net Lease's key competitors?

What other stocks do shareholders of Broadstone Net Lease own?

When did Broadstone Net Lease IPO?

(BNL) raised $603 million in an IPO 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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.96%), United Capital Financial Advisers LLC (12.60%), BlackRock Inc. (8.27%), Principal Financial Group Inc. (7.82%), State Street Corp (3.31%) and New England Private Wealth Advisors LLC (2.22%). Company insiders that own Broadstone Net Lease stock include Kristen Duckles, Laurie A Hawkes, Molly Wiegel and Roderick Pickney.
View institutional ownership trends for Broadstone Net Lease
.

Which major investors are selling Broadstone Net Lease stock?

BNL stock was sold by a variety of institutional investors in the last quarter, including United Capital Financial Advisers LLC, Glenmede Trust Co. NA, Armbruster Capital Management Inc., Millennium Management LLC, New England Private Wealth Advisors LLC, Creative Planning, Vectors Research Management LLC, and Schonfeld Strategic Advisors LLC. Company insiders that have sold Broadstone Net Lease company stock in the last year include Molly Wiegel, and Roderick Pickney.
View insider buying and selling activity for Broadstone Net Lease
or view top insider-selling stocks.

Which major investors are buying Broadstone Net Lease stock?

BNL stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Principal Financial Group Inc., BlackRock Inc., State Street Corp, Macquarie Group Ltd., Geode Capital Management LLC, Charles Schwab Investment Management Inc., and Northern Trust Corp. Company insiders that have bought Broadstone Net Lease stock in the last two years include Kristen Duckles, and Laurie A Hawkes.
View insider buying and selling activity for Broadstone Net Lease
or or view top insider-buying stocks.

How do I buy shares of Broadstone Net Lease?

Shares of BNL 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 $26.52.

How much money does Broadstone Net Lease make?

Broadstone Net Lease has a market capitalization of $4.21 billion and generates $321.64 million in revenue each year. The company earns $51.18 million in net income (profit) each year or $1.41 on an earnings per share basis.

How many employees does Broadstone Net Lease have?

Broadstone Net Lease employs 71 workers across the globe.

What is Broadstone Net Lease's official website?

The official website for Broadstone Net Lease is www.broadstone.com.

How can I contact Broadstone Net Lease?

The company can be reached via phone at 585-287-6500 or via email at [email protected]


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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