BNL Stock Price, Broadstone Net Lease Inc Quote, Chart

Market Summary

USD14.47-0.20

Market Closed

-1.36%

BNL Stock Price

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BNL RSI Chart

BNL Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

17.19

Price/Sales (Trailing)

6.13

Price/Free Cashflow

12.08

BNL Price/Sales (Trailing)

BNL Profitability

Return on Equity

5.18%

Return on Assets

3%

Free Cashflow Yield

8.28%

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

-4.7%

Last 30 days

-2.9%

Last 90 days

-14.3%

Trailing 12 Months

-9.3%

How does BNL drawdown profile look like?

BNL Financial Health

BNL Investor Care

Dividend Yield

7.74%

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

Year	Q1	Q2	Q3	Q4
2023	432.7M	444.0M	450.0M	442.9M
2022	394.0M	407.3M	388.0M	407.5M
2021	326.1M	330.5M	372.5M	382.9M
2020	308.6M	319.9M	324.3M	321.6M
2019	250.3M	262.3M	277.0M	298.8M
2018	195.0M	208.3M	223.9M	237.5M
2017	153.5M	162.3M	171.5M	181.6M
2016	109.3M	120.5M	131.7M	142.9M
2015	0	0	0	98.1M

Get all data in R, Python etc through our Historical Stock Data APIs

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

Which funds bought or sold BNL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Hoxton Planning & Management, LLC	sold off	-100	-371,000	-	-%
Apr 12, 2024	AdvisorNet Financial, Inc	new	-	1,019	1,019	-%
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	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	83.1B	11.1B	-9.66%	-13.83%	60.81	7.46	4.04%	-19.43%
CCI	41.5B	7.0B	-9.60%	-26.03%	27.65	5.95	-0.07%	-10.36%
AVB	25.7B	2.8B	-1.70%	6.38%	27.64	9.27	6.73%	-18.30%
ARE	20.5B	2.9B	-3.74%	0.55%	197.59	7.1	11.46%	-80.13%
AMH	12.7B	1.6B	-3.36%	8.14%	29.37	7.9	7.80%	39.39%
REG	10.7B	1.3B	-1.98%	-2.93%	29.32	8.08	8.04%	-24.50%
BXP	9.2B	3.3B	-6.31%	15.09%	48.4	2.81	5.31%	-77.32%
MID-CAP
FRT	8.1B	1.1B	-1.05%	1.77%	34.35	7.19	5.38%	-38.52%
MAC	3.4B	884.1M	-1.05%	66.77%	-12.56	3.89	2.90%	-314.82%
SLG	3.2B	899.4M	-1.62%	125.91%	-5.7	3.58	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.88%	17.82%	19.35	2.84	4.38%	15.77%
AIV	1.2B	198.2M	7.12%	4.87%	-7.34	5.82	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.57%	5.74%	13.37	1.77	25.53%	134.62%
NYMT	627.7M	258.7M	-4.58%	-31.06%	-12.9	2.43	0.11%	83.70%
IVR	399.8M	277.9M	-10.13%	-19.51%	-25.21	1.44	44.33%	96.06%

Broadstone Net Lease Inc News

Latest updates

Broadstone Net Lease Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.1%	105	110	109	119	112	104	98.00	94.00	93.00	123	85.00	83.00	82.00	81.00	80.00	78.00	85.00	76.00	69.00	68.00	63.00
Costs and Expenses	55.3%	84.00	54.00	54.00	60.00	61.00	59.00	51.00	48.00	47.00	76.00	44.00	48.00	46.00	57.00	50.00	47.00	45.00	44.00	37.00	38.00	34.00
S&GA Expenses	-7.5%	9.00	10.00	9.00	10.00	9.00	10.00	9.00	9.00	9.00	9.00	9.00	11.00	9.00	7.00	6.00	6.00	2.00	1.00	1.00	1.00	2.00
Interest Expenses	-3.5%	19.00	20.00	20.00	21.00	24.00	20.00	18.00	17.00	17.00	16.00	15.00	16.00	17.00	19.00	20.00	21.00	22.00	18.00	17.00	16.00	15.00
Income Taxes	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	-	0.00	0.00	1.00	-	-	-	-	-
Net Income	-92.0%	4.00	50.00	63.00	41.00	33.00	27.00	36.00	28.00	29.00	29.00	23.00	24.00	16.00	9.00	15.00	1.00	26.00	23.00	16.00	14.00	14.00
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%	44.00	68.00	54.00	59.00	48.00	77.00	41.00	58.00	57.00	88.00	47.00	50.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.2%	5,269	5,335	5,368	5,336	5,458	5,239	4,979	4,853	4,619	4,502	4,424	4,206	4,258	4,204	4,144	4,274	3,918	3,992	3,212	3,132	3,097
Cash Equivalents	-44.4%	19.00	35.00	21.00	15.00	22.00	76.00	17.00	54.00	22.00	16.00	20.00	10.00	100	102	9.00	93.00	12.00	14.00	10.00	12.00	19.00
Goodwill	0%	340	340	340	340	340	340	340	340	340	340	340	340	340	340	340	340	-	-	-	-	-
Liabilities	0.7%	2,074	2,060	2,107	2,104	2,195	2,231	2,013	1,961	1,878	1,786	1,700	1,713	1,779	1,783	2,267	2,396	2,139	2,263	1,607	1,560	1,568
Shareholder's Equity	-2.3%	3,049	3,121	3,262	3,232	3,093	3,008	2,967	2,891	2,741	2,716	2,724	2,493	2,479	2,422	1,698	1,700	1,779	1,729	1,606	1,572	1,529
Additional Paid-In Capital	0.3%	3,441	3,431	3,431	3,435	3,419	3,148	3,125	3,057	2,924	2,895	2,890	2,625	2,625	2,506	1,900	1,900	1,896	1,852	1,703	1,630	1,557
Shares Outstanding	-0.3%	187	187	187	187	186	173	170	164	153	150	146	145	-	-	-	-	-	-	-	-	-
Minority Interest	-6.2%	145	155	154	153	170	167	168	167	164	164	169	180	180	230	106	107	111	105	107	110	112
Float	-	-	-	2,900	-	-	-	3,500	-	-	-	3,700	-	-	-	2,156	-	-	-	1,997	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-18.0%	60,582	73,888	62,228	74,376	60,440	77,515	58,855	59,104	57,619	88,303	47,235	51,780	46,064	53,506	39,139	40,319	36,425	46,214	33,080	31,639	34,494
Share Based Compensation	-9.0%	1,401	1,540	1,539	1,879	1,503	1,503	1,381	929	1,025	924	951	1,769	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-216.5%	-49,536	42,528	1,713	29,633	-274,485	-205,187	-172,293	-207,678	-133,925	-205,667	-175,051	-67,661	-76,443	5,469	6,264	4,474	38,520	-749,333	-56,257	-64,637	-235,869
Cashflow From Financing	60.0%	-40,911	-102,184	-46,986	-144,739	191,724	181,057	76,867	186,352	83,998	50,433	196,474	-76,497	32,120	40,170	-132,273	31,608	-98,749	734,516	22,735	27,169	192,336
Dividend Payments	2.0%	52,509	51,492	51,677	51,844	46,997	45,866	44,858	43,503	41,155	40,026	36,876	36,402	19,085	-332	23,631	29,148	16,742	15,647	15,077	14,495	13,435
Buy Backs	-	-	-	-	-	-	-	-	-	-1,215	-	-	-	-1.00	35.00	-	-	22,225	7,361	3,210	1,803	1,640

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 amortization	158,626	154,807	132,096
Property and operating expense	22,576	21,773	18,459
General and administrative	39,425	37,375	36,366
Provision for impairment of investment in rental properties	31,274	5,535	28,208
Total operating expenses	251,901	219,490	215,129
Other income (expenses)
Interest income	512	44	17
Interest expense	(80,053)	(78,652)	(64,146)
Gain on sale of real estate	54,310	15,953	13,523
Income taxes	(763)	(1,275)	(1,644)
Change in fair value of earnout liability	0	0	5,539
Other income (expenses)	(1,681)	5,382	(430)
Net income	163,312	129,475	109,528
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
Basic	186,617	169,840	153,057
Diluted	196,315	180,201	163,970
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)	90,560	39,353
Realized loss (gain) on interest rate swaps	1,883	2,514	698
Comprehensive income	147,902	222,549	149,579
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, net	4,262,099	4,474,265
Accounted for using the direct financing method	26,643	27,045
Accounted for using the sales-type method	572	571
Property under development	94,964
Investment in rental property, net	4,384,278	4,501,881
Cash and cash equivalents	19,494	21,789
Accrued rental income	152,724	135,666
Tenant and other receivables, net	1,487	1,349
Prepaid expenses and other assets	36,661	64,180
Interest rate swap, assets	46,096	63,390
Goodwill	339,769	339,769
Intangible lease assets, net	288,226	329,585
Total assets	5,268,735	5,457,609
Liabilities and equity
Unsecured revolving credit facility	90,434	197,322
Mortgages, net	79,068	86,602
Unsecured term loans, net	895,947	894,692
Senior unsecured notes, net	845,309	844,555
Accounts payable and other liabilities	47,534	47,547
Dividends payable	56,869	54,460
Accrued interest payable	5,702	7,071
Intangible lease liabilities, net	53,531	62,855
Total liabilities	2,074,394	2,195,104
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 outstanding	0	0
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, respectively	47	47
Additional paid-in capital	3,440,639	3,419,395
Cumulative distributions in excess of retained earnings	(440,731)	(386,049)
Accumulated other comprehensive loss	49,286	59,525
Total Broadstone Net Lease, Inc. stockholders' equity	3,049,241	3,092,918
Non-controlling interests	145,100	169,587
Total equity	3,194,341	3,262,505
Total liabilities and equity	5,268,735	5,457,609
Land
Assets
Total accounted for using the operating method	748,529	768,667
Land Improvements
Assets
Total accounted for using the operating method	328,746	340,385
Buildings and Improvements
Assets
Total accounted for using the operating method	3,803,156	3,888,756
Equipment
Assets
Total accounted for using the operating method	$ 8,265	$ 10,422

About Broadstone Net Lease Inc

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	Mr. John D. Moragne
WEBSITE	broadstone.com
INDUSTRY	REIT Mortgage
EMPLOYEES	73

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 Apr 15 2024, market cap of Broadstone Net Lease Inc is 2.72 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 Apr 15 2024, BNL's PE ratio (Price to Earnings) is 17.19 and Price to Sales (PS) ratio is 6.13. 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.