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BNL

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

14.67USD-0.08 (-0.54%)Market Closed

Market Summary

BNL
USD14.67-0.08
Market Closed
-0.54%

BNL Stock Price

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BNL RSI Chart

BNL Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

17.43

Price/Sales (Trailing)

6.22

Price/Free Cashflow

12.25

BNL Price/Sales (Trailing)

BNL Profitability

Return on Equity

5.18%

Return on Assets

3%

Free Cashflow Yield

8.16%

BNL Fundamentals

BNL Revenue

Revenue (TTM)

442.9M

Rev. Growth (Yr)

-6.36%

Rev. Growth (Qtr)

-4.15%

BNL Earnings

Earnings (TTM)

158.0M

Earnings Growth (Yr)

-87.98%

Earnings Growth (Qtr)

-92.05%

Breaking Down BNL Revenue

Last 7 days

-2.6%

Last 30 days

-0.9%

Last 90 days

-13.5%

Trailing 12 Months

-9.1%

How does BNL drawdown profile look like?

BNL Financial Health

BNL Investor Care

Dividend Yield

7.63%

Dividend/Share (TTM)

1.12

Shares Dilution (1Y)

0.76%

Diluted EPS (TTM)

0.83

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
Mar 07, 2024
moragne john david
sold (taxes)
-84,958
14.76
-5,756
chief executive officer
Mar 07, 2024
moragne john david
acquired
-
-
11,275
chief executive officer
Mar 07, 2024
albano ryan m
acquired
-
-
11,275
president & coo
Mar 07, 2024
albano ryan m
sold (taxes)
-84,958
14.76
-5,756
president & coo
Feb 28, 2024
wiegel molly
sold (taxes)
-28,985
14.91
-1,944
svp - human resources & admin
Feb 28, 2024
callan john
sold (taxes)
-56,121
14.91
-3,764
svp & general counsel
Feb 28, 2024
moragne john david
sold (taxes)
-170,705
14.91
-11,449
chief executive officer
Feb 28, 2024
pickney roderick
sold (taxes)
-29,566
14.91
-1,983
svp - acquisitions
Feb 28, 2024
albano ryan m
acquired
-
-
119,397
president & coo
Feb 28, 2024
wiegel molly
acquired
-
-
30,334
svp - human resources & admin

1–10 of 50

Which funds bought or sold BNL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
BTC Capital Management, Inc.
new
-
2,788,210
2,788,210
0.26%
Apr 10, 2024
Perpetual Ltd
added
76.13
496,691
1,320,670
0.01%
Apr 09, 2024
MATHER GROUP, LLC.
added
86.26
289,658
625,448
0.01%
Apr 08, 2024
ROWLANDMILLER & PARTNERS.ADV
unchanged
-
-18,451
186,535
0.04%
Apr 08, 2024
Pensionfund Sabic
added
26.23
157,000
1,207,000
0.36%
Apr 08, 2024
TOMPKINS FINANCIAL CORP
unchanged
-
-180,096
1,820,710
0.21%
Apr 05, 2024
GAMMA Investing LLC
unchanged
-
-111
4,356
-%
Apr 05, 2024
CWM, LLC
added
387
2,000
2,000
-%
Apr 03, 2024
Arden Trust Co
sold off
-100
-246,109
-
-%
Apr 03, 2024
Versant Capital Management, Inc
added
2,207
4,820
5,061
-%

1–10 of 48

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
Apr 05, 2024
8-K
Current Report
Apr 03, 2024
8-K
Current Report
Mar 22, 2024
ARS
ARS
Mar 22, 2024
DEF 14A
DEF 14A
Mar 22, 2024
DEFA14A
DEFA14A
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading
Mar 06, 2024
8-K/A
Current Report
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading

Peers (Alternatives to Broadstone Net Lease Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
83.5B
11.1B
-11.48% -15.03%
61.1
7.5
4.04% -19.43%
42.0B
7.0B
-12.14% -27.78%
27.97
6.02
-0.07% -10.36%
26.1B
2.8B
-1.30% 8.08%
28.11
9.43
6.73% -18.30%
20.9B
2.9B
-2.72% 1.88%
202.02
7.26
11.46% -80.13%
12.9B
1.6B
-3.53% 8.82%
29.78
8.01
7.80% 39.39%
10.8B
1.3B
-3.51% -2.52%
29.61
8.16
8.04% -24.50%
9.5B
3.3B
-5.70% 17.26%
50.01
2.91
5.31% -77.32%
MID-CAP
8.3B
1.1B
-1.43% 2.71%
34.93
7.31
5.38% -38.52%
3.5B
884.1M
-1.95% 64.15%
-12.65
3.92
2.90% -314.82%
3.3B
899.4M
0.04% 128.70%
-5.87
3.69
-0.45% -623.11%
SMALL-CAP
1.3B
441.2M
-2.21% 17.16%
19.54
2.87
4.38% 15.77%
1.2B
198.2M
6.59% 5.20%
-7.45
5.91
-43.33% -270.70%
1.1B
605.6M
-6.29% 6.24%
13.65
1.81
25.53% 134.62%
637.7M
258.7M
-4.51% -31.00%
-13.1
2.47
0.11% 83.70%
410.5M
277.9M
-9.22% -18.32%
-25.88
1.48
44.33% 96.06%

Broadstone Net Lease Inc News

Latest updates
Defense World20 hours ago
Yahoo Finance28 Feb 202408:00 am
Yahoo Finance21 Feb 202408:00 am

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-4.1%10511010911911210498.0094.0093.0012385.0083.0082.0081.0080.0078.0085.0076.0069.0068.0063.00
Costs and Expenses55.3%84.0054.0054.0060.0061.0059.0051.0048.0047.0076.0044.0048.0046.0057.0050.0047.0045.0044.0037.0038.0034.00
  S&GA Expenses-7.5%9.0010.009.0010.009.0010.009.009.009.009.009.0011.009.007.006.006.002.001.001.001.002.00
Interest Expenses-3.5%19.0020.0020.0021.0024.0020.0018.0017.0017.0016.0015.0016.0017.0019.0020.0021.0022.0018.0017.0016.0015.00
Income Taxes----------0.000.000.00-0.000.001.00-----
Net Income-92.0%4.0050.0063.0041.0033.0027.0036.0028.0029.0029.0023.0024.0016.009.0015.001.0026.0023.0016.0014.0014.00
Net Income Margin-14.1%0.36*0.42*0.37*0.32*0.30*0.31*0.30*0.28*0.27*0.25*0.22*0.20*---------
Free Cashflow-35.6%44.0068.0054.0059.0048.0077.0041.0058.0057.0088.0047.0050.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.2%5,2695,3355,3685,3365,4585,2394,9794,8534,6194,5024,4244,2064,2584,2044,1444,2743,9183,9923,2123,1323,097
    Cash Equivalents-44.4%19.0035.0021.0015.0022.0076.0017.0054.0022.0016.0020.0010.001001029.0093.0012.0014.0010.0012.0019.00
  Goodwill0%340340340340340340340340340340340340340340340340-----
Liabilities0.7%2,0742,0602,1072,1042,1952,2312,0131,9611,8781,7861,7001,7131,7791,7832,2672,3962,1392,2631,6071,5601,568
Shareholder's Equity-2.3%3,0493,1213,2623,2323,0933,0082,9672,8912,7412,7162,7242,4932,4792,4221,6981,7001,7791,7291,6061,5721,529
  Additional Paid-In Capital0.3%3,4413,4313,4313,4353,4193,1483,1253,0572,9242,8952,8902,6252,6252,5061,9001,9001,8961,8521,7031,6301,557
Shares Outstanding-0.3%187187187187186173170164153150146145---------
Minority Interest-6.2%145155154153170167168167164164169180180230106107111105107110112
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-18.0%60,58273,88862,22874,37660,44077,51558,85559,10457,61988,30347,23551,78046,06453,50639,13940,31936,42546,21433,08031,63934,494
  Share Based Compensation-9.0%1,4011,5401,5391,8791,5031,5031,3819291,0259249511,769---------
Cashflow From Investing-216.5%-49,53642,5281,71329,633-274,485-205,187-172,293-207,678-133,925-205,667-175,051-67,661-76,4435,4696,2644,47438,520-749,333-56,257-64,637-235,869
Cashflow From Financing60.0%-40,911-102,184-46,986-144,739191,724181,05776,867186,35283,99850,433196,474-76,49732,12040,170-132,27331,608-98,749734,51622,73527,169192,336
  Dividend Payments2.0%52,50951,49251,67751,84446,99745,86644,85843,50341,15540,02636,87636,40219,085-33223,63129,14816,74215,64715,07714,49513,435
  Buy Backs----------1,215----1.0035.00--22,2257,3613,2101,8031,640

BNL Income Statement

2023-12-31
Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues   
Lease revenues, net$ 442,888$ 407,513$ 382,876
Operating expenses   
Depreciation and amortization158,626154,807132,096
Property and operating expense22,57621,77318,459
General and administrative39,42537,37536,366
Provision for impairment of investment in rental properties31,2745,53528,208
Total operating expenses251,901219,490215,129
Other income (expenses)   
Interest income5124417
Interest expense(80,053)(78,652)(64,146)
Gain on sale of real estate54,31015,95313,523
Income taxes(763)(1,275)(1,644)
Change in fair value of earnout liability005,539
Other income (expenses)(1,681)5,382(430)
Net income163,312129,475109,528
Net income attributable to non-controlling interests(7,834)(7,360)(7,102)
Net income attributable to Broadstone Net Lease, Inc.$ 155,478$ 122,115$ 102,426
Weighted average number of common shares outstanding   
Basic186,617169,840153,057
Diluted196,315180,201163,970
Net earnings per share attributable to common stockholders   
Basic earnings per share$ 0.83$ 0.72$ 0.67
Diluted earnings per share$ 0.83$ 0.72$ 0.67
Comprehensive income   
Net income$ 163,312$ 129,475$ 109,528
Other comprehensive income   
Change in fair value of interest rate swaps(17,293)90,56039,353
Realized loss (gain) on interest rate swaps1,8832,514698
Comprehensive income147,902222,549149,579
Comprehensive income attributable to non-controlling interests(7,070)(12,700)(9,831)
Comprehensive income attributable to Broadstone Net Lease, Inc.$ 140,832$ 209,849$ 139,748

BNL Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Total accounted for using the operating method$ 4,888,696$ 5,008,230
Less accumulated depreciation(626,597)(533,965)
Accounted for using the operating method, net4,262,0994,474,265
Accounted for using the direct financing method26,64327,045
Accounted for using the sales-type method572571
Property under development94,964
Investment in rental property, net4,384,2784,501,881
Cash and cash equivalents19,49421,789
Accrued rental income152,724135,666
Tenant and other receivables, net1,4871,349
Prepaid expenses and other assets36,66164,180
Interest rate swap, assets46,09663,390
Goodwill339,769339,769
Intangible lease assets, net288,226329,585
Total assets5,268,7355,457,609
Liabilities and equity  
Unsecured revolving credit facility90,434197,322
Mortgages, net79,06886,602
Unsecured term loans, net895,947894,692
Senior unsecured notes, net845,309844,555
Accounts payable and other liabilities47,53447,547
Dividends payable56,86954,460
Accrued interest payable5,7027,071
Intangible lease liabilities, net53,53162,855
Total liabilities2,074,3942,195,104
Commitments and contingencies (See Note 19)
Broadstone Net Lease, Inc. stockholders' equity:  
Preferred stock, $0.001 par value; 20,000 shares authorized, no shares issued or outstanding00
Common stock, $0.00025 par value; 500,000 shares authorized, 186,114 and 162,383 shares issued and outstanding at December 31, 2022 and 2021, respectively4747
Additional paid-in capital3,440,6393,419,395
Cumulative distributions in excess of retained earnings(440,731)(386,049)
Accumulated other comprehensive loss49,28659,525
Total Broadstone Net Lease, Inc. stockholders' equity3,049,2413,092,918
Non-controlling interests145,100169,587
Total equity3,194,3413,262,505
Total liabilities and equity5,268,7355,457,609
Land  
Assets  
Total accounted for using the operating method748,529768,667
Land Improvements  
Assets  
Total accounted for using the operating method328,746340,385
Buildings and Improvements  
Assets  
Total accounted for using the operating method3,803,1563,888,756
Equipment  
Assets  
Total accounted for using the operating method$ 8,265$ 10,422
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 Fri Apr 12 2024, market cap of Broadstone Net Lease Inc is 2.75 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 Fri Apr 12 2024, BNL's PE ratio (Price to Earnings) is 17.43 and Price to Sales (PS) ratio is 6.22. 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.