NYSE:BNL Broadstone Net Lease (BNL) Stock Price, News & Analysis → Central Banks Preparing for US Dollar Collapse? (From Behind the Markets) (Ad) Free BNL Stock Alerts $15.67 +0.23 (+1.49%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$15.52▼$15.6850-Day Range$14.56▼$16.7752-Week Range$13.68▼$17.59Volume1.63 million shsAverage Volume1.74 million shsMarket Capitalization$2.94 billionP/E Ratio19.11Dividend Yield7.28%Price Target$16.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Broadstone Net Lease alerts: Email Address Broadstone Net Lease MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside6.9% Upside$16.75 Price TargetShort InterestHealthy1.68% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.50Based on 2 Articles This WeekInsider TradingAcquiring Shares$205,220 Bought Last QuarterProj. Earnings Growth2.84%From $1.41 to $1.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.05 out of 5 starsFinance Sector488th out of 872 stocksReal Estate Investment Trusts Industry104th out of 184 stocks 1.1 Analyst's Opinion Consensus RatingBroadstone Net Lease has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.75, Broadstone Net Lease has a forecasted upside of 6.9% from its current price of $15.67.Amount of Analyst CoverageBroadstone Net Lease has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.68% of the float of Broadstone Net Lease has been sold short.Short Interest Ratio / Days to CoverBroadstone Net Lease has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Broadstone Net Lease has recently decreased by 5.74%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipBroadstone Net Lease is a leading dividend payer. It pays a dividend yield of 7.38%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBroadstone Net Lease has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Broadstone Net Lease is 139.03%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Broadstone Net Lease will have a dividend payout ratio of 78.62% in the coming year. This indicates that Broadstone Net Lease may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BNL. Previous Next 2.5 News and Social Media Coverage News SentimentBroadstone Net Lease has a news sentiment score of 0.50. 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 lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Broadstone Net Lease this week, compared to 2 articles on an average week.Search Interest8 people have searched for BNL on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows6 people have added Broadstone Net Lease to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Broadstone Net Lease insiders have bought more of their company's stock than they have sold. Specifically, they have bought $205,220.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.62% of the stock of Broadstone Net Lease is held by insiders.Percentage Held by Institutions89.07% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Broadstone Net Lease are expected to grow by 2.84% in the coming year, from $1.41 to $1.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Broadstone Net Lease is 19.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Broadstone Net Lease is 19.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.66.Price to Book Value per Share RatioBroadstone Net Lease has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> About Broadstone Net Lease Stock (NYSE:BNL)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.Read More BNL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BNL Stock News HeadlinesMarch 28, 2024 | marketbeat.comInsider Buying Is Bullish For These Dividends Up To 7.5%March 20, 2024 | nasdaq.comFirst Week of BNL November 15th Options TradingMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 13, 2024 | seekingalpha.comSaul Centers: An Overlooked Shopping Center REIT Income Investors Should ConsiderMarch 10, 2024 | seekingalpha.comBroadstone Net Lease: Why We Prefer It Over Realty IncomeMarch 7, 2024 | markets.businessinsider.comThe Analyst Landscape: 4 Takes On Broadstone Net LeaseMarch 7, 2024 | markets.businessinsider.comBroadstone Net Lease: Sell Rating Justified by High WACC and Challenging Growth ProspectsFebruary 28, 2024 | finance.yahoo.comJohn Moragne Bought 6.6% More Shares In Broadstone Net LeaseMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.February 28, 2024 | investorplace.com7 Dividend Stocks to Buy to Secure Steady IncomeFebruary 25, 2024 | finance.yahoo.comEarnings Miss: Broadstone Net Lease, Inc. Missed EPS By 17% And Analysts Are Revising Their ForecastsFebruary 23, 2024 | finance.yahoo.comQ4 2023 Broadstone Net Lease Inc Earnings CallFebruary 23, 2024 | finance.yahoo.comBroadstone Net Lease Full Year 2023 Earnings: EPS Misses ExpectationsFebruary 23, 2024 | finance.yahoo.comBroadstone Net Lease, Inc. (NYSE:BNL) Q4 2023 Earnings Call TranscriptFebruary 22, 2024 | markets.businessinsider.comMaintaining Hold on Broadstone Net Lease Amid Healthcare Portfolio Streamlining and Flat AFFO GuidanceFebruary 21, 2024 | msn.comBroadstone Net Lease FFO of $0.38 misses by $0.01, revenue of $105M misses by $5.23MFebruary 21, 2024 | finance.yahoo.comBroadstone Net Lease Announces 2023 Results and its Healthcare Portfolio Simplification StrategyFebruary 21, 2024 | finance.yahoo.comBroadstone Net Lease Inc (BNL) Reports Full Year and Q4 2023 Results Amidst Economic ChallengesFebruary 21, 2024 | finance.yahoo.comBroadstone Net Lease, Inc. (BNL) Meets Q4 FFO EstimatesFebruary 21, 2024 | businesswire.comBroadstone Net Lease Announces 2023 Results and its Healthcare Portfolio Simplification StrategyFebruary 21, 2024 | markets.businessinsider.comWhat Wall Street expects from Broadstone Net Lease's earningsJanuary 19, 2024 | finance.yahoo.comBroadstone Net Lease Announces Tax Treatment of 2023 DividendsJanuary 17, 2024 | finance.yahoo.comBroadstone Net Lease Schedules Fourth Quarter 2023 Earnings Release and Conference CallDecember 18, 2023 | msn.comJP Morgan Upgrades Broadstone Net Lease (BNL)December 15, 2023 | seekingalpha.com6.5% Yield And Up To 30% Undervalued - A Closer Look At Broadstone Net LeaseDecember 13, 2023 | finance.yahoo.comWith 82% institutional ownership, Broadstone Net Lease, Inc. (NYSE:BNL) is a favorite amongst the big gunsDecember 12, 2023 | seekingalpha.comBroadstone Net Lease: A Tempting ~7% Yielding Diversified REITSee More Headlines Receive BNL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Broadstone Net Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/03/2022Ex-Dividend for 1/12 Dividend12/28/2023Dividend Payable1/12/2024Ex-Dividend for 4/15 Dividend3/27/2024Today3/29/2024Dividend Payable4/15/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:BNL CUSIPN/A CIK1424182 Webwww.broadstone.com Phone585-287-6500Fax585-625-3680Employees74Year FoundedN/APrice Target and Rating Average Stock Price Target$16.75 High Stock Price Target$19.00 Low Stock Price Target$14.00 Potential Upside/Downside+6.9%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.82 Trailing P/E Ratio19.11 Forward P/E Ratio11.11 P/E GrowthN/ANet Income$155.48 million Net Margins35.10% Pretax Margin37.05% Return on Equity4.80% Return on Assets2.92% Debt Debt-to-Equity RatioN/A Current Ratio0.09 Quick Ratio0.09 Sales & Book Value Annual Sales$442.89 million Price / Sales6.64 Cash Flow$1.69 per share Price / Cash Flow9.28 Book Value$17.03 per share Price / Book0.92Miscellaneous Outstanding Shares187,710,000Free Float186,543,000Market Cap$2.94 billion OptionableOptionable Beta1.08 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. John D. Moragne (Age 41)CEO & Director Comp: $1.2MMr. Ryan M. Albano CPA (Age 42)President & COO Comp: $1.2MMr. John D. Callan Jr. (Age 39)Senior VP, General Counsel & Secretary Comp: $505.52kMr. Roderick A. Pickney (Age 45)Senior Vice President of Acquisitions Comp: $627.87kMr. Kevin M. Fennell (Age 37)Executive VP & CFO Mr. Timothy D. Dieffenbacher (Age 36)Senior VP, Chief Accounting Officer & Treasurer Ms. Molly Kelly Wiegel (Age 52)Senior Vice President of Human Resources & Administration Mr. Michael B. Caruso (Age 29)Senior Vice President of Underwriting & Strategy Ms. Andrea T. Wright (Age 42)Senior Vice President of Property Management Comp: $346.79kMs. Jennie O'Brien (Age 41)Senior VP of Accounting & Controller More ExecutivesKey CompetitorsSITE CentersNYSE:SITCNational Storage Affiliates TrustNYSE:NSAOUTFRONT MediaNYSE:OUTHannon Armstrong Sustainable Infrastructure CapitalNYSE:HASINational Health InvestorsNYSE:NHIView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Sold 42,195 shares on 3/22/2024Ownership: 0.016%Vanguard Group Inc.Sold 255,855 shares on 3/11/2024Ownership: 14.802%Fisher Asset Management LLCSold 93,183 shares on 3/5/2024Ownership: 0.169%Kevin FennellBought 4,000 shares on 2/26/2024Total: $58,520.00 ($14.63/share)Michael A CokeBought 10,000 shares on 2/26/2024Total: $146,700.00 ($14.67/share)View All Insider TransactionsView All Institutional Transactions BNL Stock Analysis - Frequently Asked Questions Should I buy or sell Broadstone Net Lease stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Broadstone Net Lease in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BNL shares. 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 BNL analyst ratings or view top-rated stocks. What is Broadstone Net Lease's stock price target for 2024? 5 Wall Street research analysts have issued twelve-month target prices for Broadstone Net Lease's shares. Their BNL share price targets range from $14.00 to $19.00. On average, they predict the company's share price to reach $16.75 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View analysts price targets for BNL or view top-rated stocks among Wall Street analysts. How have BNL shares performed in 2024? Broadstone Net Lease's stock was trading at $17.22 at the beginning of 2024. Since then, BNL stock has decreased by 9.0% and is now trading at $15.67. View the best growth stocks for 2024 here. Are investors shorting Broadstone Net Lease? Broadstone Net Lease saw a drop in short interest in March. As of March 15th, there was short interest totaling 3,120,000 shares, a drop of 5.7% from the February 29th total of 3,310,000 shares. Based on an average daily trading volume, of 1,280,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 1.7% of the shares of the stock are short sold. View Broadstone Net Lease's Short Interest. When is Broadstone Net Lease's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our BNL earnings forecast. How were Broadstone Net Lease's earnings last quarter? Broadstone Net Lease, Inc. (NYSE:BNL) posted its quarterly earnings results on Tuesday, May, 3rd. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.01. Broadstone Net Lease had a net margin of 35.10% and a trailing twelve-month return on equity of 4.80%. During the same quarter in the previous year, the firm earned $0.31 earnings per share. How often does Broadstone Net Lease pay dividends? What is the dividend yield for Broadstone Net Lease? Broadstone Net Lease announced a quarterly dividend on Wednesday, February 21st. Shareholders of record on Friday, March 29th will be given a dividend of $0.285 per share on Monday, April 15th. This represents a $1.14 dividend on an annualized basis and a yield of 7.28%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for BNL. Is Broadstone Net Lease a good dividend stock? Broadstone Net Lease (NYSE:BNL) pays an annual dividend of $1.14 per share and currently has a dividend yield of 7.38%. BNL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 139.03%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BNL will have a dividend payout ratio of 78.62% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for BNL. What ETFs hold Broadstone Net Lease's stock? ETFs with the largest weight of Broadstone Net Lease (NYSE:BNL) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), Global X SuperDividend REIT ETF (SRET), U.S. Diversified Real Estate ETF (PPTY), Invesco KBW Premium Yield Equity REIT ETF (KBWY) and ALPS REIT Dividend Dogs ETF (RDOG).JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC). What guidance has Broadstone Net Lease issued on next quarter's earnings? Broadstone Net Lease updated its FY 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of 1.410-1.410 for the period, compared to the consensus estimate of 1.550. The company issued revenue guidance of -. What other stocks do shareholders of Broadstone Net Lease own? Based on aggregate information from My MarketBeat watchlists, some companies that other Broadstone Net Lease investors own include Cross Timbers Royalty Trust (CRT), InfraCap MLP ETF (AMZA), Alliance Resource Partners (ARLP), Brigham Minerals (MNRL), Arbor Realty Trust (ABR), Advanced Emissions Solutions (ADES), Archer-Daniels-Midland (ADM), AGNC Investment (AGNC) and AMC Entertainment (AMC). When did Broadstone Net Lease IPO? Broadstone Net Lease (BNL) raised $603 million in an IPO on Thursday, September 17th 2020. The company issued 33,500,000 shares at $17.00-$19.00 per share. J.P. Morgan, Goldman Sachs, BMO Capital Markets, Morgan Stanley, Capital One Securities and Truist Securities acted as the underwriters for the IPO and Regions Securities, BTIG, KeyBanc Capital Markets and Ramirez were co-managers. Who are Broadstone Net Lease's major shareholders? Broadstone Net Lease's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.84%), Vanguard Group Inc. (14.80%), Principal Financial Group Inc. (7.96%), Massachusetts Financial Services Co. MA (2.71%), Cohen & Steers Inc. (2.00%) and Centersquare Investment Management LLC (2.00%). Insiders that own company stock include John David Moragne, Kevin Fennell, Laurier J Lessard Jr, Michael A Coke, Michael B Caruso, Molly Wiegel, Roderick Pickney and Ryan M Albano. View institutional ownership trends. How do I buy shares of Broadstone Net Lease? Shares of BNL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:BNL) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 Media“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & CompanyMost important medical advance in 100 yearsThe Oxford ClubFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Broadstone Net Lease, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.