NYSE:BNL Broadstone Net Lease (BNL) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free BNL Stock Alerts $14.29 -0.07 (-0.49%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$14.25▼$14.4550-Day Range$14.29▼$16.0552-Week Range$13.68▼$17.59Volume830,105 shsAverage Volume1.29 million shsMarket Capitalization$2.68 billionP/E Ratio17.43Dividend Yield7.98%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 RatingHold2.00 Rating ScoreUpside/Downside17.2% Upside$16.75 Price TargetShort InterestHealthy1.85% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.24Based on 2 Articles This WeekInsider TradingAcquiring Shares$205,220 Bought Last QuarterProj. Earnings Growth4.35%From $1.38 to $1.44 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.2.88 out of 5 starsFinance Sector533rd out of 827 stocksReal Estate Investment Trusts Industry107th out of 177 stocks 2.0 Analyst's Opinion Consensus RatingBroadstone Net Lease has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageBroadstone Net Lease has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.85% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Broadstone Net Lease has recently increased by 10.26%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipBroadstone Net Lease is a leading dividend payer. It pays a dividend yield of 7.77%, 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 139.02%. 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 79.17% 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 1.8 News and Social Media Coverage News SentimentBroadstone Net Lease has a news sentiment score of 0.24. 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 0.54 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 InterestOnly 4 people have searched for BNL on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows4 people have added Broadstone Net Lease to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 4.35% in the coming year, from $1.38 to $1.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Broadstone Net Lease is 17.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Broadstone Net Lease is 17.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.75.Price to Book Value per Share RatioBroadstone Net Lease has a P/B Ratio of 0.84. 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 Paradigm PressCould Bitcoin Literally FORCE This Crypto To Rocket Up?Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…>>Click here to find out what it is. 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 HeadlinesApril 4, 2024 | marketbeat.comInsider Buying Is Bullish For These Dividends Up To 7.5%April 16, 2024 | seekingalpha.comBroadstone Net Lease: An Industrial REIT Powerhouse With A 7.8% YieldApril 17, 2024 | Paradigm Press (Ad)Could Bitcoin Literally FORCE This Crypto To Rocket Up?Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…April 10, 2024 | americanbankingnews.comBroadstone Net Lease (NYSE:BNL) Receives "Peer Perform" Rating from Wolfe ResearchApril 5, 2024 | businesswire.comBroadstone Net Lease Schedules First Quarter 2024 Earnings Release and Conference CallApril 5, 2024 | markets.businessinsider.comJMP Securities Sticks to Their Hold Rating for Broadstone Net Lease (BNL)April 3, 2024 | msn.comBroadstone Net Lease invests $40.1M in Q1, has $282.7M of commited investmentsApril 3, 2024 | businesswire.comBroadstone Net Lease Provides First Quarter 2024 Business UpdateApril 17, 2024 | Paradigm Press (Ad)Could Bitcoin Literally FORCE This Crypto To Rocket Up?Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…March 29, 2024 | seekingalpha.comBroadstone Net Lease Is A Bargain At 7.4% YieldMarch 20, 2024 | nasdaq.comFirst Week of BNL November 15th Options TradingMarch 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 LeaseFebruary 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 StrategySee 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 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today4/17/2024Next Earnings (Confirmed)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+17.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.82 Trailing P/E Ratio17.43 Forward P/E Ratio10.36 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 / Sales6.06 Cash Flow$1.64 per share Price / Cash Flow8.69 Book Value$17.03 per share Price / Book0.84Miscellaneous Outstanding Shares187,707,000Free Float186,187,000Market Cap$2.68 billion OptionableOptionable Beta1.09 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. John D. Moragne (Age 41)CEO & Director Comp: $1.8MMr. Ryan M. Albano CPA (Age 42)President & COO Comp: $1.36MMr. 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. Jennie O'Brien (Age 41)Senior VP of Accounting & Controller More ExecutivesKey CompetitorsHannon Armstrong Sustainable Infrastructure CapitalNYSE:HASIMedical Properties TrustNYSE:MPWLXP Industrial TrustNYSE:LXPSITE CentersNYSE:SITCNational Health InvestorsNYSE:NHIView All CompetitorsInsiders & InstitutionsWealth Enhancement Advisory Services LLCSold 59,168 shares on 4/16/2024Ownership: 0.198%Pasadena Private Wealth LLCBought 1,449 shares on 4/16/2024Ownership: 0.007%BTC Capital Management Inc.Bought 177,933 shares on 4/11/2024Ownership: 0.095%Perpetual LtdBought 36,430 shares on 4/10/2024Ownership: 0.045%Mather Group LLC.Bought 16,821 shares on 4/9/2024Ownership: 0.019%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 year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating 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 analysts have issued 12 month price objectives for Broadstone Net Lease's stock. Their BNL share price targets range from $14.00 to $19.00. On average, they predict the company's stock price to reach $16.75 in the next year. This suggests a possible upside of 17.2% 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 on January 1st, 2024. Since then, BNL stock has decreased by 17.0% and is now trading at $14.29. View the best growth stocks for 2024 here. Are investors shorting Broadstone Net Lease? Broadstone Net Lease saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 3,440,000 shares, an increase of 10.3% from the March 15th total of 3,120,000 shares. Based on an average daily volume of 1,320,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.9% of the company's stock are sold short. 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 can I listen to Broadstone Net Lease's earnings call? Broadstone Net Lease will be holding an earnings conference call on Thursday, May 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Broadstone Net Lease's earnings last quarter? Broadstone Net Lease, Inc. (NYSE:BNL) issued its quarterly earnings results on Tuesday, May, 3rd. The company reported $0.16 EPS 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 period last 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 declared a quarterly dividend on Wednesday, February 21st. Shareholders of record on Friday, March 29th will be paid 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 7.98%. The ex-dividend date 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 7.77%. 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 139.02%. 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 79.17% 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), Invesco KBW Premium Yield Equity REIT ETF (KBWY), ALPS Active REIT ETF (REIT), ALPS REIT Dividend Dogs ETF (RDOG), Cambria Global Real Estate ETF (BLDG) and WisdomTree U.S. SmallCap Dividend Fund (DES).Columbia Research Enhanced Real Estate ETF (CRED). 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 EPS guidance of 1.410-1.410 for the period, compared to the consensus earnings per share 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 many different retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.20%), BTC Capital Management Inc. (0.09%), Pensionfund DSM Netherlands (0.08%), Perpetual Ltd (0.04%), Pensionfund Sabic (0.04%) and Mather Group LLC. (0.02%). 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 4/17/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe “Perfect Storm” for GoldGold Safe ExchangeThe "Smart Money" Is Ready for May 1st Are You?Stansberry ResearchOptions trading has suddenly become more reliable.Eagle PublishingTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsYou won't believe what Citigroup just did to it's depositorsAmerican Alternative 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.