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BNL

BNL - Broadstone Net Lease Inc Stock Price, Fair Value and News

15.49USD+0.14 (+0.91%)Market Closed

Market Summary

BNL
USD15.49+0.14
Market Closed
0.91%

BNL Alerts

  • Big fall in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

BNL Stock Price

View Fullscreen

BNL RSI Chart

BNL Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

16.06

Price/Sales (Trailing)

6.8

Price/Free Cashflow

12.49

BNL Price/Sales (Trailing)

BNL Profitability

Return on Equity

5.65%

Return on Assets

3.45%

Free Cashflow Yield

8.01%

BNL Fundamentals

BNL Revenue

Revenue (TTM)

429.3M

Rev. Growth (Yr)

-11.45%

Rev. Growth (Qtr)

0.35%

BNL Earnings

Earnings (TTM)

181.7M

Earnings Growth (Yr)

57.38%

Earnings Growth (Qtr)

1.5K%

Breaking Down BNL Revenue

Last 7 days

-0.3%

Last 30 days

4.7%

Last 90 days

-0.3%

Trailing 12 Months

-4.7%

How does BNL drawdown profile look like?

BNL Financial Health

BNL Investor Care

Dividend Yield

7.23%

Dividend/Share (TTM)

1.12

Shares Dilution (1Y)

0.65%

Diluted EPS (TTM)

0.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024429.3M000
2023432.7M444.0M450.0M442.9M
2022394.0M407.3M388.0M407.5M
2021326.1M330.5M372.5M382.9M
2020308.6M319.9M324.3M321.6M
2019250.3M262.3M277.0M298.8M
2018195.0M208.3M223.9M237.5M
2017153.5M162.3M171.5M181.6M
2016109.3M120.5M131.7M142.9M
201500098.1M

Tracking the Latest Insider Buys and Sells of Broadstone Net Lease Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 03, 2024
watters james h
acquired
-
-
6,883
-
May 03, 2024
coke michael a
acquired
-
-
6,883
-
May 03, 2024
brooks-williams denise
acquired
-
-
6,883
-
May 03, 2024
duran jessica
acquired
-
-
6,883
-
May 03, 2024
jacobstein david m
acquired
-
-
6,883
-
May 03, 2024
hawkes laurie a.
acquired
-
-
6,883
-
May 03, 2024
narasimhan shekar
acquired
-
-
6,883
-
May 03, 2024
felice laura l.
acquired
-
-
6,883
-
Mar 07, 2024
moragne john david
acquired
-
-
11,275
chief executive officer
Mar 07, 2024
moragne john david
sold (taxes)
-84,958
14.76
-5,756
chief executive officer

1–10 of 50

Which funds bought or sold BNL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 13, 2024
ENVESTNET ASSET MANAGEMENT INC
reduced
-5.08
-163,937
1,039,620
-%
May 13, 2024
NOMURA ASSET MANAGEMENT CO LTD
added
4.16
-194,342
3,531,530
0.01%
May 13, 2024
UniSuper Management Pty Ltd
unchanged
-
-81,995
828,943
0.01%
May 13, 2024
FIRST TRUST ADVISORS LP
reduced
-46.67
-4,225,640
3,984,430
-%
May 13, 2024
EverSource Wealth Advisors, LLC
unchanged
-
-
6,009
-%
May 13, 2024
WOLVERINE ASSET MANAGEMENT LLC
added
154
961,579
1,691,310
0.02%
May 13, 2024
XTX Topco Ltd
new
-
356,728
356,728
0.05%
May 13, 2024
FMR LLC
added
11.18
512
44,423
-%
May 13, 2024
Modern Wealth Management, LLC
new
-
872,948
872,948
0.08%
May 13, 2024
RENAISSANCE TECHNOLOGIES LLC
new
-
6,179,000
6,179,000
0.01%

1–10 of 49

Are Funds Buying or Selling BNL?

Are funds buying BNL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own BNL
No. of Funds

Unveiling Broadstone Net Lease Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
principal real estate investors llc
7.61%
14,244,366
SC 13G/A
Feb 13, 2024
vanguard group inc
14.84%
27,784,238
SC 13G/A
Feb 02, 2024
goldman sachs group inc
0.2%
441,963
SC 13G/A
Jan 08, 2024
blackrock inc.
10.2%
19,185,422
SC 13G/A
Feb 15, 2023
principal real estate investors llc
7.23%
12,514,576
SC 13G/A
Feb 09, 2023
vanguard group inc
14.44%
25,002,894
SC 13G/A
Feb 08, 2023
goldman sachs group inc
5.7%
9,914,755
SC 13G
Jan 24, 2023
blackrock inc.
9.5%
16,525,125
SC 13G/A
Feb 15, 2022
principal real estate investors llc
7.05%
11,368,824
SC 13G/A
Feb 09, 2022
vanguard group inc
14.06%
22,673,912
SC 13G/A

Recent SEC filings of Broadstone Net Lease Inc

View All Filings
Date Filed Form Type Document
May 06, 2024
8-K
Current Report
May 03, 2024
4
Insider Trading
May 03, 2024
S-3ASR
S-3ASR
May 03, 2024
S-3ASR
S-3ASR
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading

Peers (Alternatives to Broadstone Net Lease Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
87.3B
11.2B
3.28% -7.59%
44.23
7.79
3.63% 50.79%
43.9B
6.8B
3.45% -14.26%
31.48
6.41
-2.39% -16.60%
28.1B
2.8B
7.19% 9.33%
29.39
10
5.72% -6.47%
21.7B
3.0B
-0.89% 1.08%
110.46
7.34
10.44% -73.79%
13.2B
-
1.07% 2.60%
31.29
8.14
8.93% 11.87%
11.0B
1.4B
2.24% 2.17%
29.55
8.07
10.48% -2.93%
10.1B
3.3B
3.53% 29.60%
52.33
3.04
4.82% -75.15%
MID-CAP
8.5B
1.2B
2.74% 12.10%
35.64
7.39
5.48% -38.69%
3.6B
878.0M
-3.54% 65.00%
-10.41
4.06
2.35% -290.60%
3.5B
892.3M
3.59% 153.70%
-6.93
3.98
-5.33% -307.54%
SMALL-CAP
1.4B
444.1M
7.22% 18.58%
20.03
3.1
3.54% 8.91%
1.2B
198.2M
0.25% -4.47%
-7.45
6.02
-43.33% -308.08%
1.1B
650.2M
0.56% 5.89%
36.14
1.7
27.93% 140.31%
568.3M
285.4M
-11.89% -36.73%
-4.12
1.99
11.05% 83.70%
451.6M
277.2M
9.09% -13.40%
-55.08
1.63
25.89% 94.64%

Broadstone Net Lease Inc News

Latest updates
Defense World • 37 hours ago
GuruFocus.com • 07 May 2024 • 01:31 am
Business Wire • 01 May 2024 • 08:10 pm

Broadstone Net Lease Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.3%10510511010911911210498.0094.0093.0012385.0083.0082.0081.0080.0078.0085.0076.0069.0068.00
Costs and Expenses-6.1%79.0084.0054.0054.0060.0061.0059.0051.0048.0047.0076.0044.0048.0046.0057.0050.0047.0045.0044.0037.0038.00
  S&GA Expenses-100.0%-9.0010.009.0010.009.0010.009.009.009.009.009.0011.009.007.006.006.002.001.001.001.00
Interest Expenses-2.1%19.0019.0020.0020.0021.0024.0020.0018.0017.0017.0016.0015.0016.0017.0019.0020.0021.0022.0018.0017.0016.00
Income Taxes-----------0.000.000.00-0.000.001.00----
Net Income1547.6%65.004.0050.0063.0041.0033.0027.0036.0028.0029.0029.0023.0024.0016.009.0015.001.0026.0023.0016.0014.00
Net Income Margin18.7%0.42*0.36*0.42*0.37*0.32*0.30*0.31*0.30*0.28*0.27*0.25*0.22*---------
Free Cashflow54.7%68.0044.0068.0054.0059.0048.0077.0041.0058.0057.0088.0047.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.0%5,2705,2695,3355,3685,3365,4585,2394,9794,8534,6194,5024,4244,2064,2584,2044,1444,2743,9183,9923,2123,132
    Cash Equivalents1042.8%22319.0035.0021.0015.0022.0076.0017.0054.0022.0016.0020.0010.001001029.0093.0012.0014.0010.0012.00
  Goodwill0%340340340340340340340340340340340340340340340340340----
Liabilities-1.1%2,0522,0742,0602,1072,1042,1952,2312,0131,9611,8781,7861,7001,7131,7791,7832,2672,3962,1392,2631,6071,560
Shareholder's Equity5.5%3,2183,0493,1213,2623,2323,0933,0082,9672,8912,7412,7162,7242,4932,4792,4221,6981,7001,7791,7291,6061,572
  Additional Paid-In Capital0.2%3,4473,4413,4313,4313,4353,4193,1483,1253,0572,9242,8952,8902,6252,6252,5061,9001,9001,8961,8521,7031,630
Shares Outstanding1.0%188187187187187186173170164153150146---------
Minority Interest-0.7%144145155154153170167168167164164169180180230106107111105107110
Float----2,900---3,500---3,700---2,156---1,997-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations17.0%70,86760,58273,88862,22874,37660,44077,51558,85559,10457,61988,30347,23551,78046,06453,50639,13940,31936,42546,21433,08031,639
  Share Based Compensation5.3%1,4751,4011,5401,5391,8791,5031,5031,3819291,0259249511,769--------
Cashflow From Investing512.4%204,285-49,53642,5281,71329,633-274,485-205,187-172,293-207,678-133,925-205,667-175,051-67,661-76,4435,4696,2644,47438,520-749,333-56,257-64,637
Cashflow From Financing-78.5%-73,006-40,911-102,184-46,986-144,739191,724181,05776,867186,35283,99850,433196,474-76,49732,12040,170-132,27331,608-98,749734,51622,73527,169
  Dividend Payments-100.0%-52,50951,49251,67751,84446,99745,86644,85843,50341,15540,02636,87636,40219,085-33223,63129,14816,74215,64715,07714,495
  Buy Backs-----------1,215----1.0035.00--22,2257,3613,2101,803
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BNL Income Statement

2024-03-31
Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Lease revenues, net$ 105,366$ 118,992
Operating expenses  
Depreciation and amortization37,77241,784
Property and operating expense5,6605,886
General and administrative9,43210,416
Provision for impairment of investment in rental properties26,4001,473
Total operating expenses79,26459,559
Other income (expenses)  
Interest income233162
Interest expense(18,578)(21,139)
Gain on sale of real estate59,1323,415
Income taxes(408)(479)
Other income (expenses)1,696(18)
Net income68,17741,374
Net income attributable to non-controlling interests(3,063)(2,070)
Net income attributable to Broadstone Net Lease, Inc.$ 65,114$ 39,304
Weighted average number of common shares outstanding  
Basic187,290,000186,130,000
Diluted196,417,000196,176,000
Net earnings per share attributable to common stockholders  
Basic earnings per share$ 0.35$ 0.21
Diluted earnings per share$ 0.35$ 0.21
Comprehensive income  
Net income (loss)$ 68,177$ 41,374
Other comprehensive income  
Change in fair value of interest rate swaps11,804(17,899)
Realized loss on interest rate swaps159522
Comprehensive income80,14023,997
Comprehensive income attributable to non-controlling interests(3,600)(1,200)
Comprehensive income attributable to Broadstone Net Lease, Inc.$ 76,540$ 22,797

BNL Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
Total accounted for using the operating method$ 4,639,876$ 4,888,696
Less accumulated depreciation(606,225)(626,597)
Accounted for using the operating method, net4,033,6514,262,099
Accounted for using the direct financing method26,52226,643
Accounted for using the sales-type method571572
Property under development133,06494,964
Investment in rental property, net4,193,8084,384,278
Cash and cash equivalents221,74019,494
Accrued rental income149,203152,724
Tenant and other receivables, net8361,487
Prepaid expenses and other assets33,14936,661
Interest rate swap, assets57,90046,096
Goodwill339,769339,769
Intangible lease assets, net273,250288,226
Total assets5,269,6555,268,735
Liabilities and equity  
Unsecured revolving credit facility73,82090,434
Mortgages, net78,51779,068
Unsecured term loans, net896,260895,947
Senior unsecured notes, net845,498845,309
Accounts payable and other liabilities40,65547,534
Dividends payable56,87156,869
Accrued interest payable9,3775,702
Intangible lease liabilities, net50,95353,531
Total liabilities2,051,9512,074,394
Commitments and contingencies (Note 16)
Broadstone Net Lease, Inc. stockholders' equity:  
Preferred stock, $0.001 par value; 20,000 shares authorized, no shares issued or outstanding00
Common stock, $0.00025 par value; 500,000 shares authorized, 188,435 and 187,614 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively4747
Additional paid-in capital3,446,9103,440,639
Cumulative distributions in excess of retained earnings(430,169)(440,731)
Accumulated other comprehensive income56,83449,286
Total Broadstone Net Lease, Inc. stockholders’ equity3,073,6223,049,241
Non-controlling interests144,082145,100
Total equity3,217,7043,194,341
Total liabilities and equity5,269,6555,268,735
Land  
Assets  
Total accounted for using the operating method724,199748,529
Land Improvements  
Assets  
Total accounted for using the operating method316,170328,746
Buildings and Improvements  
Assets  
Total accounted for using the operating method3,591,2603,803,156
Equipment  
Assets  
Total accounted for using the operating method$ 8,247$ 8,265
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 June 30, 2023, BNL's diversified portfolio consisted of 801 individual net leased commercial properties with 794 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.
 CEO
 WEBSITEbroadstone.com
 INDUSTRYREIT Mortgage
 EMPLOYEES73

Broadstone Net Lease Inc Frequently Asked Questions


What is the ticker symbol for Broadstone Net Lease Inc? What does BNL stand for in stocks?

BNL is the stock ticker symbol of Broadstone Net Lease Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Broadstone Net Lease Inc (BNL)?

As of Mon May 13 2024, market cap of Broadstone Net Lease Inc is 2.89 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BNL stock?

You can check BNL's fair value in chart for subscribers.

What is the fair value of BNL stock?

You can check BNL's fair value in chart for subscribers. The fair value of Broadstone Net Lease Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Broadstone Net Lease Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BNL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Broadstone Net Lease Inc a good stock to buy?

The fair value guage provides a quick view whether BNL is over valued or under valued. Whether Broadstone Net Lease Inc is cheap or expensive depends on the assumptions which impact Broadstone Net Lease Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BNL.

What is Broadstone Net Lease Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, BNL's PE ratio (Price to Earnings) is 15.93 and Price to Sales (PS) ratio is 6.74. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BNL PE ratio will change depending on the future growth rate expectations of investors.