Broadstone Net Lease, Inc. (BNL)
| Market Cap | 3.58B |
| Revenue (ttm) | 442.20M |
| Net Income (ttm) | 97.71M |
| Shares Out | 197.53M |
| EPS (ttm) | 0.52 |
| PE Ratio | 34.92 |
| Forward PE | 33.67 |
| Dividend | $1.16 (6.40%) |
| Ex-Dividend Date | Sep 30, 2025 |
| Volume | 2,068,675 |
| Open | 17.93 |
| Previous Close | 17.91 |
| Day's Range | 17.93 - 18.12 |
| 52-Week Range | 13.96 - 19.15 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 19.00 (+4.86%) |
| Earnings Date | Oct 29, 2025 |
About BNL
BNL is an industrial-focused, diversified net lease REIT that invests in 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 March 31, 2025, BNL’s diversified portfolio consisted of 769 individual net leased commercial properties with 762 properties located in 44 U.S. states and seven properties located in four Canadian provinces across th... [Read more]
Financial Performance
In 2024, Broadstone Net Lease's revenue was $431.80 million, a decrease of -2.50% compared to the previous year's $442.89 million. Earnings were $161.28 million, an increase of 4.10%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for BNL stock is "Buy." The 12-month stock price target is $19.0, which is an increase of 4.86% from the latest price.
News
5 ‘Fed-Friendly' REITs Paying Up To 13%
The Fed has finally cut rates, and if the “dot plot” is any indication, it won't be the last. This is fuel for real estate investment trusts (REITs)—they thrive when borrowing costs fall and their fat...
Broadstone Net Lease Announces Closing of $350 Million Senior Notes Offering
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Closing of $350 Million Senior Notes Offering.
Broadstone Net Lease Announces Pricing of $350 Million in Senior Notes Due 2032
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Pricing of $350 Million in Senior Notes Due 2032.
Dividend Income Summary: Lanny's July 2025 Summary
In July, we (my wife and I) received a dividend income total of $4,161.64. My other two Vanguard ETFs – S&P 500 (VOO) and Dividend Appreciation ETF (VIG) - both paid in July. We had a solid increase m...
Price Dislocation In Diversified REITs
Diversified REITs are trading at a 24% discount to the value implied by their underlying real estate assets, based on cap rate analysis. This discount exists despite diversified REITs owning similar p...
Broadstone Net Lease: Repricing Means Rerating (Rating Downgrade)
Broadstone Net Lease previously traded at a steep discount to peers, offering significant upside and a high dividend yield for risk-tolerant investors. Recent management actions, including portfolio r...
3 Triple Net REITs Positioned For Average 10% Returns
Triple net REITs are now highly attractive due to higher cap rates, strong rent escalators, and notably cheap valuations versus the broader REIT sector. Cap rates have reset to 7%-9.5%, and escalators...
Broadstone Net Lease: Thriving From The Doldrums
BNL trades at a significant discount to peers, offering a compelling opportunity for multiple expansion if market sentiment shifts. Management is proactively addressing capital constraints by explorin...
Broadstone Net Lease, Inc. (BNL) Q2 2025 Earnings Call Transcript
Broadstone Net Lease, Inc. (NYSE:BNL) Q2 2025 Earnings Conference Call July 31, 2025 1:00 PM ET Company Participants Brent Maedl - Corporate Participant John D. Moragne - CEO & Director Kevin M.
Broadstone Net Lease Announces Second Quarter 2025 Results
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Second Quarter 2025 Results.
Broadstone Net Lease Announces Three Additional Build-to-Suit Developments for $61.4 million
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Three Additional Build-to-Suit Developments for $61.4 million.
Broadstone Net Lease: Industrial Portfolio Keeps Getting More And More Relevant
BNL's ongoing shift toward industrial properties is driving strong portfolio growth and improving asset quality, with industrial now nearly 60% of annualized base rent. Despite recent industrial marke...
10% And 7% Yields You Can Trust - 2 High-Quality Dividend Machines I'd Buy Today
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Broadstone Net Lease Schedules Second Quarter 2025 Earnings Release and Conference Call
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Schedules Second Quarter 2025 Earnings Release and Conference Call.
Broadstone Net Lease: High Yield Bargain In Plain Sight
Broadstone Net Lease is a bargain dividend REIT, offering a 7.2% yield and trading at a low forward P/FFO of 10.6, sitting below that of peers. The portfolio shift toward industrial assets and a $500M...
U.S. REIT Share Repurchase Activity Doubles In Q1 2025
Share buyback activity by US equity real estate investment trusts more than doubled in the first quarter, according to an analysis by S&P Global Market Intelligence. The US REIT sector bought back aro...
Broadstone Net Lease Provides an Update on Recent Business Activity and Participation at Nareit's REITweek 2025 Annual Conference
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today provided an update on its recent business activity through June ...
Nothing But Net (Lease REITs)
Net Lease REITs create value by investing at returns above their cost of capital; WACC is a key metric for quality assessment. Top Net Lease REITs like Agree Realty, Essential Properties, Four Corners...
Broadstone Net Lease: High-Yield Rental
We had highlighted the exact conditions required for us to go long Broadstone Net Lease. We got them post Liberation Day. We go over Q1 2025 numbers and our trade.
REIT Roulette: Why I'm Overweight Net Lease
Diversification is key in REIT investing, mirroring my roulette strategy—spread bets across sectors for optimal risk-adjusted returns. Net lease REITs offer stability and steady dividends, outperformi...
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3 Little-Known Net Lease REITs To Buy
I've been a net lease investor for over three decades, emphasizing the importance of understanding tenants to avoid owning obsolete properties. Highlighting concerns about the car wash sector's bubble...
Broadstone Net Lease, Inc. (BNL) Q1 2025 Earnings Call Transcript
Broadstone Net Lease, Inc. (NYSE:BNL) Q1 2025 Earnings Conference Call May 1, 2025 11:00 AM ET Company Participants Brent Maedl - Director of Corporate Finance and IR John Moragne - CEO Ryan Albano -...
Broadstone Net Lease Announces First Quarter 2025 Results
VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces First Quarter 2025 Results.