Broadstone Net Lease
BNL
Market cap $3.05B

16.15 USD

+0.21

1.32%

At close Apr 22, 4:00 PM EDT

After hours

16.15

+0.00

0.00%

1 day

1.32%

5 days

3.86%

1 month

-6.10%

3 months

3.06%

6 months

-11.99%

Year to date

2.93%

1 year

10.84%

5 years

-0.92%

10 years

-0.92%

About: Broadstone Net Lease Inc is an internally managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.

Employees: 73

Real Estate Diversified REIT

0

Funds holding %

of 7,419 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

223% more call options, than puts

Call options by funds: $3.03M | Put options by funds: $937K

168% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 19

31% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 91

9% more funds holding

Funds holding: 283 [Q3] → 309 (+26) [Q4]

2.08% more ownership

Funds ownership: 80.87% [Q3] → 82.94% (+2.08%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]

14% less capital invested

Capital invested by funds: $2.9B [Q3] → $2.49B (-$412M) [Q4]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$21

30%

upside

Avg. target

$21

30%

upside

High target

$21

30%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Citizens Capital Markets

Mitch Germain

34% 1-year accuracy

14 / 41 met price target

30%upside

$21

Market Outperform

Reiterated

21 Feb 2025

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about BNL published over the past 30 days

Cash COWs: 11 High-Yield REITs

Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-usual yields, making them attractive for income investors. Dividend safety is crucial; Seeking Alpha Premium's Quant Ratings help identify REITs with low risk of dividend cuts, ensuring stable income.

Cash COWs: 11 High-Yield REITs

Broadstone Net Lease Schedules First Quarter 2025 Earnings Release and Conference Call

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Schedules First Quarter 2025 Earnings Release and Conference Call.

Broadstone Net Lease Schedules First Quarter 2025 Earnings Release and Conference Call

Broadstone Net Lease Is Still Underrated, I'm Buying

BNL is a promising 'turn-around' REIT, shifting its focus from healthcare to industrial and retail properties for long-term value creation. BNL has made significant progress, reducing clinical and surgical assets to 3.2% of ABR, down from 9.7% in 2023. BNL's diversified portfolio now generates 59.6% of ABR from industrial properties and 31.2% from retail-oriented properties, positioning it for growth.

Broadstone Net Lease Is Still Underrated, I'm Buying

Retirement Income: I'm Seeking Treasure In These 7-9% Yields

Income investing can be like treasure hunting in many ways. I detail 2 great income picks that offer high yields that are well-covered by cashflow. Both carry investment grade credit ratings and offer immediate diversification across strong asset classes.

Retirement Income: I'm Seeking Treasure In These 7-9% Yields

24/7 Wall Street

Earn $5,000 Each Year by Putting $70,700 In These 3 High Dividend Yield Stocks

Many investors seeking passive income have been pouring money into treasuries as interest rates have been solid for these assets.

Earn $5,000 Each Year by Putting $70,700 In These 3 High Dividend Yield Stocks

Buy These Smart 7-10% Yields For Retirement Income

Investing $1 million in the S&P 500 yields $12,100 annually. This may necessitate principal withdrawals for higher living expenses, which is risky in volatile markets like the current one. Morgan Stanley Direct Lending offers a 10% dividend yield, focusing on non-cyclical industries with a well-diversified, primarily first-lien loan portfolio and low leverage. Broadstone Net Lease provides a 6.9% yield with a diversified property portfolio, long lease terms, stable AFFO growth, and a strong balance sheet.

Buy These Smart 7-10% Yields For Retirement Income

Broadstone Net Lease Announces $1.5 Billion of Extended and Increased Credit Facilities

VICTOR, N.Y.--(BUSINESS WIRE)-- #commercialrealestate--Broadstone Net Lease Announces $1.5 Billion of Extended and Increased Credit Facilities.

Broadstone Net Lease Announces $1.5 Billion of Extended and Increased Credit Facilities

Buried Treasures: 4 Dramatically Undervalued REITs

REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least 75 basis points above the no-risk rate on Treasuries, while selling at discounts of 20% or greater to their Target Fair Value. The list is then screened for dividend safety, to eliminate sucker yields, and for stable revenues, excluding those with flat or declining FFO/share.

Buried Treasures: 4 Dramatically Undervalued REITs

Bad Vibes, Positive Results

US equity markets slumped this week - while benchmark interest rates tumbled to two-month lows - after downbeat economic data and cautious corporate commentary sparked concern over slowing economic growth. Compounded by some unsettling COVID-related headlines late in the week, investors adopted a more "risk off" position after consumer and business survey data picked up a sudden negative sentiment shift. After notching a pair of record-highs early in the week, a two-day tumble sent the S&P 500 lower by 1.6% on the week. Small-Caps and Mid-Caps both dipped over 3%.

Bad Vibes, Positive Results

Broadstone Net Lease And W. P. Carey: Diverging Multiples Create A Compelling Opportunity To Swap

Sector rotation in commercial real estate shows industrial making a comeback, while data centers may have peaked, affecting net lease REITs like BNL and WPC. BNL's AFFO multiple has compressed to 10x, while WPC's multiple expanded to 12.5x after strong earnings, creating a valuation gap. BNL and WPC have similar portfolios and metrics, making them direct comparables; BNL's current undervaluation presents a potential 12.5% upside.

Broadstone Net Lease And W. P. Carey: Diverging Multiples Create A Compelling Opportunity To Swap

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