BNL Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Broadstone Net Lease, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.32 |
| 52 Week High | US$17.59 |
| 52 Week Low | US$13.68 |
| Beta | 1.11 |
| 1 Month Change | -4.15% |
| 3 Month Change | -13.94% |
| 1 Year Change | -10.56% |
| 3 Year Change | -26.41% |
| 5 Year Change | n/a |
| Change since IPO | -12.15% |
Recent News & Updates
Broadstone Net Lease: An Industrial REIT Powerhouse With A 7.8% Yield
Apr 16Broadstone Net Lease: A 7.5% Dividend And Cheap Valuation
Mar 28Broadstone Net Lease: Why We Prefer It Over Realty Income
Mar 10Recent updates
Broadstone Net Lease: An Industrial REIT Powerhouse With A 7.8% Yield
Apr 16Broadstone Net Lease: A 7.5% Dividend And Cheap Valuation
Mar 28Broadstone Net Lease: Why We Prefer It Over Realty Income
Mar 10Broadstone Net Lease: A REIT To Consider For Post Rate Hikes
Feb 25Broadstone Net Lease: An Insulated Portfolio Protected From Rates And Turmoil
Feb 06Broadstone Net Lease: A Solid REIT Choice For 2024
Jan 03Here's Why We Think Broadstone Net Lease (NYSE:BNL) Might Deserve Your Attention Today
Dec 16
Broadstone Net Lease: A Tempting ~7% Yielding Diversified REIT
Dec 12Earnings Beat: Broadstone Net Lease, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 05Broadstone Net Lease: High Yield With A Limited Downside
Nov 03Broadstone Net Lease: High Dividend And Good Upside (Rating Upgrade)
Oct 24Broadstone Net Lease: 7.8% Yield, Cheap, Safe
Oct 01Broadstone Net Lease: A Spread Worth Considering
Sep 21Broadstone Net Lease: Over 20% Upside Potential With 7% Yielding Dividend
Aug 29Broadstone Net Lease: Safe, High Yield From This Diversified REIT
Jul 24Broadstone Net Lease: Enjoy A High Dividend Yield
Jun 28Broadstone Net Lease: This Nearly 7% Yielder Remains Attractive
Jun 13Top 3 High Yield Diversified REITs For H2 2023
May 23Broadstone Net Lease FFO of $0.36 misses by $0.03, revenue of $112.14M beats by $5.64M, guidance below consensus
Feb 22My Top 2023 Dividend Yield Monsters
Feb 13Broadstone Net Lease: A Great 7% Yield Flying Under The Radar
Nov 08Broadstone Net Lease reports Q3 rent collection results
Sep 28Broadstone Net Lease: A Near-Perfect Portfolio Limits The Upside Potential
Aug 17Broadstone Net Lease: Reprieve From Market Volatility
Jul 07Broadstone Net Lease: Half-Industrial REIT On Discount
May 07Broadstone Net Lease: If You Like Quality Bargains, You'll Love This REIT
Feb 10Broadstone Net Lease: A Good Portfolio Addition, At The Right Price
Nov 19Broadstone Net Lease: This Diversified Upstart Has Gotten Ahead Of Itself
Sep 02Goldman cuts Broadstone Net Lease to Neutral in wake of stock rally
Jun 17Shareholder Returns
| BNL | US REITs | US Market | |
|---|---|---|---|
| 7D | -2.9% | -2.5% | -3.7% |
| 1Y | -10.6% | -11.6% | 20.2% |
Return vs Industry: BNL exceeded the US REITs industry which returned -12.5% over the past year.
Return vs Market: BNL underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| BNL volatility | |
|---|---|
| BNL Average Weekly Movement | 3.4% |
| REITs Industry Average Movement | 3.9% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: BNL has not had significant price volatility in the past 3 months.
Volatility Over Time: BNL's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 74 | John Moragne | www.broadstone.com |
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.
Broadstone Net Lease, Inc. Fundamentals Summary
| BNL fundamental statistics | |
|---|---|
| Market cap | US$2.83b |
| Earnings (TTM) | US$154.92m |
| Revenue (TTM) | US$442.89m |
17.4x
P/E Ratio6.1x
P/S RatioIs BNL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BNL income statement (TTM) | |
|---|---|
| Revenue | US$442.89m |
| Cost of Revenue | US$22.58m |
| Gross Profit | US$420.31m |
| Other Expenses | US$265.39m |
| Earnings | US$154.92m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 01, 2024
| Earnings per share (EPS) | 0.82 |
| Gross Margin | 94.90% |
| Net Profit Margin | 34.98% |
| Debt/Equity Ratio | 59.8% |
How did BNL perform over the long term?
See historical performance and comparison