Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Broadstone Net Lease Inc Market Cap
The Broadstone Net Lease Inc (BNL) share price is expected to increase by 5.15% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered BNL. Price targets range from $16 at the low end to $22 at the high end. The current analyst consensus for BNL is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedBNL 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Broadstone Net Lease Inc to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BNL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BNL.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Caitlin Burrows Goldman Sachs | Sell | $16 | Maintains | Sep 13, 2024 |
| Jay Kornreich Wedbush | Outperform | $20 | Initiates | Aug 19, 2024 |
| Ki Bin Kim Truist Securities | Hold | $18 | Maintains | Aug 16, 2024 |
| Upal Rana Keybanc | Sector Weight | Initiates | Jun 12, 2024 | |
Truist Securities | Hold | Maintains | May 14, 2024 | |
| Andrew Rosivach Wolfe Research | Peer Perform | Downgrade | Apr 9, 2024 | |
| Andrew Rosivach Wolfe Research | Peer Perform | Downgrade | Apr 8, 2024 | |
| Caitlin Burrows Goldman Sachs | Sell | $14 | Initiates | Mar 7, 2024 |
| Ki Bin Kim Truist Securities | Hold | $17 | Maintains | Feb 27, 2024 |
| Ki Bin Kim Truist Securities | Hold | $18 | Maintains | Jan 16, 2024 |
| Anthony Paolone JP Morgan | Overweight | $19 | Upgrade | Dec 18, 2023 |
| Ki Bin Kim Truist Securities | Hold | $17 | Maintains | Nov 27, 2023 |
| Andrew Rosivach Wolfe Research | Outperform | $17 | Upgrade | Oct 18, 2023 |
| Mitch Germain JMP Securities | Market Perform | Initiates | Sep 21, 2023 | |
| Ronald Kamdem Morgan Stanley | Equal-Weight | $19 | Maintains | Dec 16, 2022 |
| Ronald Kamdem Morgan Stanley | Equal-Weight | $20 | Maintains | Nov 2, 2022 |
| Michael Gorman BTIG | Buy | $22 | Maintains | Oct 6, 2022 |
| John Kim BMO Capital | Outperform | $19 | Maintains | Sep 27, 2022 |
| Ronald Kamdem Morgan Stanley | Equal-Weight | $21 | Maintains | Jul 12, 2022 |
| Ki Bin Kim Truist Securities | Hold | $22 | Maintains | Jun 21, 2022 |
When did it IPO
2020
Staff Count
74
Country
United States
Sector/Industry
Real Estate/REIT - Diversified
CEO
Mr. John D. Moragne
Market Cap
$3.58B
In 2023, BNL generated $442.9M in revenue, which was a increase of 8.68% from the previous year. This can be seen as a signal that BNL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 09 Oct 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Diversify your REIT portfolio with at least 10 options, including VICI Properties, Camden Property Trust, and Broadstone Net Lease, for potential growth and stability.
Why It Matters - Diversifying with recommended REITs like VICI Properties and Camden Property Trust can enhance portfolio resilience and capitalize on growth in key markets, impacting overall investment performance.
Tue, 01 Oct 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Broadstone Net Lease, Inc. is an industrial REIT with a 6% yield, strong dividend metrics, and a focus on eCommerce-driven properties, supporting ongoing FFO and dividend growth.
Why It Matters - Broadstone Net Lease's strong dividend yield and focus on industrial properties align with eCommerce trends, indicating potential for sustained income and growth, appealing to passive income investors.
Wed, 02 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Broadstone Net Lease (NYSE: BNL) has scheduled its third quarter 2024 earnings release and conference call.
Why It Matters - The scheduling of Broadstone Net Lease's Q3 2024 earnings release signals upcoming financial performance insights, impacting stock valuations and investment decisions.
Tue, 17 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Broadstone Net Lease is shifting from healthcare to industrial properties to enhance portfolio quality. Q2 2024 data suggests improving industrial demand and reduced construction, indicating potential market recovery.
Why It Matters - Broadstone Net Lease's shift to industrial properties may enhance portfolio quality and long-term value, signaling potential recovery in the industrial sector, which could positively impact investor sentiment.
Wed, 18 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - REIT yields are increasing with potential interest rate cuts. 35 equity REITs yield 4.75%+ and are 20% undervalued; 11 are highlighted for dividend safety and growth. Avoid high-yield, weak stocks.
Why It Matters - Competitive REIT yields indicate potential for attractive returns, especially with anticipated interest rate cuts. Identifying undervalued, high-quality REITs can enhance portfolio stability and growth.
Tue, 10 Sep 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Net lease real estate has seen volatility from interest rate speculation. BNL is restructuring its portfolio, focusing on industrial and retail while divesting healthcare assets, but lags the sector in performance.
Why It Matters - BNL's portfolio shift toward industrial and retail amid volatility highlights strategic realignment. Its lower valuation relative to peers signals potential investment opportunities or risks.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
