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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Broadstone Net Lease, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$18.02 |
| 52 Week High | US$18.08 |
| 52 Week Low | US$13.68 |
| Beta | 1.12 |
| 11 Month Change | 13.55% |
| 3 Month Change | 23.76% |
| 1 Year Change | 10.55% |
| 33 Year Change | -29.42% |
| 5 Year Change | n/a |
| Change since IPO | 10.55% |
Recent News & Updates
Broadstone Net Lease: An Attractive Yield For Income Investors
Jul 08Here's Why We Think Broadstone Net Lease (NYSE:BNL) Is Well Worth Watching
Jun 22
Broadstone Net Lease: Higher For Longer Interest Rates Keeping The Stock Undervalued
Jun 03Broadstone Net Lease: Great Risk-To-Reward Ratio Accompanied By Top Business Metrics
May 27Broadstone Net Lease: Very Much Underestimated
May 21Recent updates
Broadstone Net Lease: An Attractive Yield For Income Investors
Jul 08Here's Why We Think Broadstone Net Lease (NYSE:BNL) Is Well Worth Watching
Jun 22Broadstone Net Lease: Higher For Longer Interest Rates Keeping The Stock Undervalued
Jun 03Broadstone Net Lease: Great Risk-To-Reward Ratio Accompanied By Top Business Metrics
May 27Broadstone Net Lease: Very Much Underestimated
May 21Broadstone Net Lease, Inc. Just Recorded A 103% EPS Beat: Here's What Analysts Are Forecasting Next
May 06Broadstone 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 16Broadstone 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 19Shareholder Returns
| BNL | US REITs | US Market | |
|---|---|---|---|
| 7D | 3.6% | 1.6% | -1.4% |
| 1Y | 10.6% | 1.5% | 16.9% |
Return vs Industry: BNL exceeded the US REITs industry which returned 1.5% over the past year.
Return vs Market: BNL underperformed the US Market which returned 16.9% over the past year.
Price Volatility
| BNL volatility | |
|---|---|
| BNL Average Weekly Movement | 2.8% |
| REITs Industry Average Movement | 3.6% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 14.8% |
| 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 |
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. Broadstone Net Lease, LLC (the Corporation’s operating company, or the “OP”), is the entity through which the Corporation conducts its business and owns (either directly or through subsidiaries) all of the Corporation’s properties. The Corporation is the sole managing member of the OP.
Broadstone Net Lease, Inc. Fundamentals Summary
| BNL fundamental statistics | |
|---|---|
| Market cap | US$3.55b |
| Earnings (TTM) | US$180.51m |
| Revenue (TTM) | US$429.26m |
18.8x
P/E Ratio7.9x
P/S RatioIs BNL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BNL income statement (TTM) | |
|---|---|
| Revenue | US$429.26m |
| Cost of Revenue | US$22.35m |
| Gross Profit | US$406.91m |
| Other Expenses | US$226.41m |
| Earnings | US$180.51m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Jul 30, 2024
| Earnings per share (EPS) | 0.96 |
| Gross Margin | 94.79% |
| Net Profit Margin | 42.05% |
| Debt/Equity Ratio | 58.9% |
How did BNL perform over the long term?
See historical performance and comparison