BNL * Stock Overview
Broadstone Net Lease, Inc. (the “Corporation”) is a Maryland corporation formed on October 18, 2007, that elected to be taxed as a real estate investment trust (“REIT”) commencing with the taxable year ended December 31, 2008. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
My Notes
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Broadstone Net Lease, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$334.04 |
| 52 Week High | US$384.06 |
| 52 Week Low | US$384.06 |
| Beta | 1.14 |
| 1 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -13.02% |
Recent News & Updates
Recent updates
Shareholder Returns
| BNL * | MX REITs | MX Market | |
|---|---|---|---|
| 7D | 0% | -3.3% | -4.3% |
| 1Y | n/a | -21.4% | -14.1% |
Return vs Industry: Insufficient data to determine how BNL * performed against the MX REITs industry.
Return vs Market: Insufficient data to determine how BNL * performed against the MX Market.
Price Volatility
| BNL * volatility | |
|---|---|
| BNL * Average Weekly Movement | n/a |
| REITs Industry Average Movement | 3.9% |
| Market Average Movement | 4.1% |
| 10% most volatile stocks in MX Market | 6.0% |
| 10% least volatile stocks in MX Market | 2.6% |
Stable Share Price: BNL * has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine BNL *'s volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 73 | John Moragne | www.broadstone.com |
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.
Broadstone Net Lease, Inc. Fundamentals Summary
| BNL * fundamental statistics | |
|---|---|
| Market cap | Mex$56.43b |
| Earnings (TTM) | Mex$2.19b |
| Revenue (TTM) | Mex$7.34b |
24.4x
P/E Ratio7.3x
P/S RatioIs BNL * overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BNL * income statement (TTM) | |
|---|---|
| Revenue | US$407.51m |
| Cost of Revenue | US$21.77m |
| Gross Profit | US$385.74m |
| Other Expenses | US$264.04m |
| Earnings | US$121.70m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
May 03, 2023
| Earnings per share (EPS) | 0.65 |
| Gross Margin | 94.66% |
| Net Profit Margin | 29.86% |
| Debt/Equity Ratio | 62.0% |
How did BNL * perform over the long term?
See historical performance and comparisonDividends
6.9%
Current Dividend Yield66%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/28 21:12 |
| End of Day Share Price | 2023/01/29 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Broadstone Net Lease, Inc. is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Kim | BMO Capital Markets Equity Research |
| Michael Gorman | BTIG |
| James Sullivan | BTIG |