BNL
Broadstone Net Lease, Inc.
Price Chart
Latest Quote
$20.67
+0.29 (+1.42%)
Current Price
| Previous Close | $20.38 |
| Open | $20.45 |
| Day High | $20.77 |
| Day Low | $20.40 |
| Volume | 1,013,313 |
Stock Information
| Quarterly Dividend / Yield | $1.17 / 5.56% |
| Shares Outstanding | 191.77M |
| Quarterly Dividend Yield | 5.56% |
| Quarterly Dividend | $1.17 |
| Total Debt | $2.65B |
| Cash Equivalents | $40.28M |
| Revenue | $466.85M |
| Net Income | $124.86M |
| Sector | Real Estate |
| Industry | REIT - Diversified |
| Market Cap | $4.14B |
| P/E Ratio | 31.80 |
| EPS (TTM) | $0.65 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $6.76B |
| Sales | $466.85M |
| Income | $124.86M |
| Book/sh | $15.08 |
| Cash/sh | $0.21 |
| Employees | 62 |
Financial Ratios
| Quick Ratio | 1.83 |
| Current Ratio | 1.84 |
| Debt/Eq | 87.80 |
| EPS Growth TTM | 176.90% |
Returns & Margins
| ROA | 2.74% |
| ROE | 4.21% |
| Gross Margin | 94.93% |
| Operating Margin | 52.18% |
| Profit Margin | 27.02% |
Ownership
| Insider Ownership | 1.04% |
| Institutional Ownership | 95.65% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 25.38 |
| P/S | 8.86 |
| P/B | 1.37 |
Analyst Data
| Recommendation | buy |
| Target Price | $22.33 |
Technical Indicators
| SMA20 | $20.54 |
| SMA50 | $20.20 |
| SMA200 | $18.50 |
| RSI | 56.75 |
| ATR | 0.4357 |
| Shares Float | 189.55M |
| Short Float | 6.56% |
| Short Ratio | 5.02 |
| Volatility | 0.98 |
| Rel Volume | 0.65 |
Performance History
| Week | -1.10% |
| Month | +1.97% |
| Quarter | +8.48% |
| 6 Months | +21.54% |
| YTD | +20.28% |
| Year | +36.44% |
| 3 Years | +54.80% |
| 5 Years | +12.72% |
| 10 Years | +80.15% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $20.67 | 1,013,313 |
| 2026-06-17 | $20.38 | 1,276,500 |
| 2026-06-16 | $20.94 | 1,395,800 |
| 2026-06-15 | $20.79 | 1,506,200 |
| 2026-06-12 | $21.07 | 1,677,700 |
| 2026-06-11 | $20.90 | 1,388,000 |
| 2026-06-10 | $21.08 | 1,354,200 |
| 2026-06-09 | $20.94 | 1,597,200 |
| 2026-06-08 | $20.63 | 2,233,900 |
| 2026-06-05 | $20.58 | 1,781,600 |
| 2026-06-04 | $20.22 | 1,753,000 |
| 2026-06-03 | $20.18 | 1,509,000 |
| 2026-06-02 | $20.20 | 2,035,900 |
| 2026-06-01 | $19.86 | 1,134,900 |
| 2026-05-29 | $20.23 | 1,261,900 |
| 2026-05-28 | $20.34 | 1,261,400 |
| 2026-05-27 | $20.42 | 1,512,600 |
| 2026-05-26 | $20.62 | 2,161,500 |
| 2026-05-22 | $20.40 | 1,181,300 |
| 2026-05-21 | $20.41 | 2,047,400 |
| 2026-05-20 | $20.43 | 2,057,300 |
| 2026-05-19 | $20.27 | 1,346,000 |
| 2026-05-18 | $20.23 | 1,637,300 |
About Broadstone Net Lease, Inc.
Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease REIT that invests in 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 March 31, 2026, BNL's diversified portfolio consisted of 773 individual net leased commercial properties with 766 properties located in 44 U.S. states and seven properties located in four Canadian provinces across the industrial, retail, and other property types. Broadstone Net Lease, Inc. was established on October 18, 2017 and is based in Victor, United States. Broadstone Net Lease, Inc. was incorporated in Maryland.
đ° Latest News
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How The Narrative Is Shifting For Broadstone Net Lease (BNL) After Higher Targets And New Highs
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24/7 Wall St. âĸ 2026-06-04T13:14:37Z
GRS Advisors Opens $49 Million Broadstone Net Lease Position, According to Recent SEC Filing
Motley Fool âĸ 2026-05-20T20:15:49Z
Broadstone Net Lease Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-01T07:27:26Z
Broadstone Net Lease Inc (BNL) Q1 2026 Earnings Call Highlights: Strong AFFO Growth and ...
GuruFocus.com âĸ 2026-05-01T07:16:24ZBroadstone (BNL) Q1 2026 Earnings Transcript
Motley Fool âĸ 2026-04-30T16:48:21Z
Broadstone Net Lease, Inc. (BNL) Q1 FFO Meet Estimates
Zacks âĸ 2026-04-29T22:40:04Z
Broadstone Net Lease, Other Triple Net REITS Likely to Post Lower Q1 AFFO Growth From Prior Quarter, Morgan Stanley Says
MT Newswires âĸ 2026-04-29T15:28:10Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $27,441,000 | $29,155,000 | $28,421,000 | $26,582,000 |
| Cost Of Revenue | $22,971,000 | $24,741,000 | $22,576,000 | $21,773,000 |
| Total Revenue | $454,138,000 | $431,800,000 | $442,888,000 | $407,513,000 |
| Operating Revenue | $454,138,000 | $431,800,000 | $442,888,000 | $407,513,000 |
| Expenses | ||||
| Interest Expense | $94,467,000 | $74,077,000 | $80,053,000 | $78,652,000 |
| Total Expenses | $225,940,000 | $218,906,000 | $220,627,000 | $213,955,000 |
| Other Income Expense | $-33,550,000 | $30,353,000 | $21,355,000 | $15,800,000 |
| Other Non Operating Income Expenses | $-6,417,000 | $6,201,000 | $-1,681,000 | $5,382,000 |
| Net Non Operating Interest Income Expense | $-94,078,000 | $-73,083,000 | $-79,541,000 | $-78,608,000 |
| Interest Expense Non Operating | $94,467,000 | $74,077,000 | $80,053,000 | $78,652,000 |
| Operating Expense | $202,969,000 | $194,165,000 | $198,051,000 | $192,182,000 |
| General And Administrative Expense | $38,883,000 | $37,986,000 | $39,425,000 | $37,375,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $96,495,000 | $162,441,000 | $155,478,000 | $122,115,000 |
| Net Interest Income | $-94,078,000 | $-73,083,000 | $-79,541,000 | $-78,608,000 |
| Interest Income | $389,000 | $994,000 | $512,000 | $44,000 |
| Normalized Income | $123,316,660 | $138,455,772 | $132,549,125 | $111,798,590 |
| Net Income From Continuing And Discontinued Operation | $96,495,000 | $162,441,000 | $155,478,000 | $122,115,000 |
| Average Dilution Earnings | $4,211,000 | $7,548,000 | $7,834,000 | $7,360,000 |
| Net Income Common Stockholders | $95,254,000 | $161,275,000 | $154,918,000 | $121,696,000 |
| Net Income | $96,495,000 | $162,441,000 | $155,478,000 | $122,115,000 |
| Net Income Including Noncontrolling Interests | $99,416,000 | $168,989,000 | $163,312,000 | $129,475,000 |
| Net Income Continuous Operations | $99,416,000 | $168,989,000 | $163,312,000 | $129,475,000 |
| Pretax Income | $100,570,000 | $170,164,000 | $164,075,000 | $130,750,000 |
| Special Income Charges | $-39,734,000 | $-49,001,000 | $-31,274,000 | $-5,535,000 |
| Interest Income Non Operating | $389,000 | $994,000 | $512,000 | $44,000 |
| Operating Income | $228,198,000 | $212,894,000 | $222,261,000 | $193,558,000 |
| Depreciation Amortization Depletion Income Statement | $164,086,000 | $156,179,000 | $158,626,000 | $154,807,000 |
| Depreciation And Amortization In Income Statement | $164,086,000 | $156,179,000 | $158,626,000 | $154,807,000 |
| Gross Profit | $431,167,000 | $407,059,000 | $420,312,000 | $385,740,000 |
| Per Share | ||||
| Diluted EPS | $0.50 | $0.86 | $0.83 | $0.72 |
| Basic EPS | $0.51 | $0.86 | $0.83 | $0.72 |
| Other | ||||
| Tax Effect Of Unusual Items | $-311,340 | $166,772 | $107,125 | $101,590 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $386,256,000 | $376,268,000 | $379,718,000 | $353,791,000 |
| Total Unusual Items | $-27,133,000 | $24,152,000 | $23,036,000 | $10,418,000 |
| Total Unusual Items Excluding Goodwill | $-27,133,000 | $24,152,000 | $23,036,000 | $10,418,000 |
| Reconciled Depreciation | $159,616,000 | $151,765,000 | $152,781,000 | $149,998,000 |
| EBITDA (Bullshit earnings) | $359,123,000 | $400,420,000 | $402,754,000 | $364,209,000 |
| EBIT | $195,037,000 | $244,241,000 | $244,128,000 | $209,402,000 |
| Diluted Average Shares | $197,573,000 | $196,619,000 | $196,315,000 | $180,201,000 |
| Basic Average Shares | $188,123,000 | $187,454,000 | $186,617,000 | $169,840,000 |
| Diluted NI Availto Com Stockholders | $99,465,000 | $168,823,000 | $162,752,000 | $129,056,000 |
| Otherunder Preferred Stock Dividend | $1,241,000 | $1,166,000 | $560,000 | $419,000 |
| Minority Interests | $-2,921,000 | $-6,548,000 | $-7,834,000 | $-7,360,000 |
| Tax Provision | $1,154,000 | $1,175,000 | $763,000 | $1,275,000 |
| Impairment Of Capital Assets | $39,734,000 | $49,001,000 | $31,274,000 | $5,535,000 |
| Gain On Sale Of Security | $12,601,000 | $73,153,000 | $54,310,000 | $15,953,000 |
| Selling General And Administration | $38,883,000 | $37,986,000 | $39,425,000 | $37,375,000 |
| Other Gand A | $38,883,000 | $37,986,000 | $39,425,000 | $37,375,000 |
| Restructuring And Mergern Acquisition | - | - | $0 | $0 |
| Other Special Charges | - | - | - | $308,000 |
Fetched: 2026-06-11
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $2,294,216,000 | $2,396,338,000 | $2,421,246,000 | $2,423,564,000 |
| Total Assets | $5,717,267,000 | $5,216,417,000 | $5,268,735,000 | $5,457,609,000 |
| Total Non Current Assets | $5,503,443,000 | $5,035,574,000 | $5,095,030,000 | $5,298,805,000 |
| Other Non Current Assets | $55,910,000 | $41,584,000 | $36,661,000 | $64,180,000 |
| Financial Assets | $18,248,000 | $46,220,000 | $46,096,000 | $63,390,000 |
| Goodwill And Other Intangible Assets | $607,779,000 | $607,407,000 | $627,995,000 | $669,354,000 |
| Other Intangible Assets | $268,010,000 | $267,638,000 | $288,226,000 | $329,585,000 |
| Current Assets | $213,824,000 | $180,843,000 | $173,705,000 | $158,804,000 |
| Receivables | $183,284,000 | $165,998,000 | $154,211,000 | $137,015,000 |
| Other Receivables | $178,880,000 | $162,717,000 | $152,724,000 | $135,666,000 |
| Accounts Receivable | $4,404,000 | $3,281,000 | $1,487,000 | $1,349,000 |
| Cash Cash Equivalents And Short Term Investments | $30,540,000 | $14,845,000 | $19,494,000 | $21,789,000 |
| Cash And Cash Equivalents | $30,540,000 | $14,845,000 | $19,494,000 | $21,789,000 |
| Non Current Deferred Assets | - | - | - | $6,013,000 |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $2,477,142,000 | $1,898,280,000 | $1,891,264,000 | $2,001,382,000 |
| Total Debt | $2,507,682,000 | $1,913,125,000 | $1,910,758,000 | $2,023,171,000 |
| Long Term Debt And Capital Lease Obligation | $2,507,682,000 | $1,913,125,000 | $1,910,758,000 | $2,023,171,000 |
| Long Term Debt | $2,507,682,000 | $1,913,125,000 | $1,910,758,000 | $2,023,171,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,683,806,000 | $2,074,993,000 | $2,074,394,000 | $2,195,104,000 |
| Total Non Current Liabilities Net Minority Interest | $2,550,710,000 | $1,961,856,000 | $1,964,289,000 | $2,086,026,000 |
| Other Non Current Liabilities | $41,527,000 | $48,731,000 | $53,531,000 | $62,855,000 |
| Derivative Product Liabilities | $1,501,000 | $0 | - | $0 |
| Current Liabilities | $133,096,000 | $113,137,000 | $110,105,000 | $109,078,000 |
| Payables And Accrued Expenses | $133,096,000 | $113,137,000 | $110,105,000 | $109,078,000 |
| Interest Payable | $13,502,000 | $5,837,000 | $5,702,000 | $7,071,000 |
| Payables | $119,594,000 | $107,300,000 | $104,403,000 | $102,007,000 |
| Dividends Payable | $59,513,000 | $58,317,000 | $56,869,000 | $54,460,000 |
| Accounts Payable | $60,081,000 | $48,983,000 | $47,534,000 | $47,547,000 |
| Equity | ||||
| Common Stock Equity | $2,901,995,000 | $3,003,745,000 | $3,049,241,000 | $3,092,918,000 |
| Total Equity Gross Minority Interest | $3,033,461,000 | $3,141,424,000 | $3,194,341,000 | $3,262,505,000 |
| Stockholders Equity | $2,901,995,000 | $3,003,745,000 | $3,049,241,000 | $3,092,918,000 |
| Gains Losses Not Affecting Retained Earnings | $19,788,000 | $49,657,000 | $49,286,000 | $59,525,000 |
| Other Equity Adjustments | $19,788,000 | $49,657,000 | $49,286,000 | $59,525,000 |
| Retained Earnings | $-620,221,000 | $-496,543,000 | $-440,731,000 | $-386,049,000 |
| Other | ||||
| Ordinary Shares Number | $191,423,000 | $188,626,000 | $187,614,000 | $186,114,000 |
| Share Issued | $191,423,000 | $188,626,000 | $187,614,000 | $186,114,000 |
| Tangible Book Value | $2,294,216,000 | $2,396,338,000 | $2,421,246,000 | $2,423,564,000 |
| Invested Capital | $5,409,677,000 | $4,916,870,000 | $4,959,999,000 | $5,116,089,000 |
| Working Capital | $80,728,000 | $67,706,000 | $63,600,000 | $49,726,000 |
| Total Capitalization | $5,409,677,000 | $4,916,870,000 | $4,959,999,000 | $5,116,089,000 |
| Minority Interest | $131,466,000 | $137,679,000 | $145,100,000 | $169,587,000 |
| Additional Paid In Capital | $3,502,380,000 | $3,450,584,000 | $3,440,639,000 | $3,419,395,000 |
| Capital Stock | $48,000 | $47,000 | $47,000 | $47,000 |
| Common Stock | $48,000 | $47,000 | $47,000 | $47,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Current Accrued Expenses | $13,502,000 | $5,837,000 | $5,702,000 | $7,071,000 |
| Investment Properties | $4,821,506,000 | $4,340,363,000 | $4,384,278,000 | $4,501,881,000 |
| Goodwill | $339,769,000 | $339,769,000 | $339,769,000 | $339,769,000 |
| Net PPE | - | - | - | $8,506,000 |
| Accumulated Depreciation | - | - | - | $-5,924,000 |
| Gross PPE | - | - | - | $14,430,000 |
| Other Properties | - | - | - | $14,430,000 |
Fetched: 2026-06-11
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $269,790,000 | $259,458,000 | $224,822,000 | $224,540,000 |
| Operating Activities | ||||
| Operating Cash Flow | $299,496,000 | $276,253,000 | $271,074,000 | $255,914,000 |
| Cash Flow From Continuing Operating Activities | $299,496,000 | $276,253,000 | $271,074,000 | $255,914,000 |
| Operating Gains Losses | $-19,313,000 | $-73,153,000 | $-54,310,000 | $-15,953,000 |
| Investing Activities | ||||
| Capital Expenditure | $-29,706,000 | $-16,795,000 | $-46,252,000 | $-31,374,000 |
| Investing Cash Flow | $-675,273,000 | $-59,703,000 | $24,338,000 | $-859,643,000 |
| Cash Flow From Continuing Investing Activities | $-675,273,000 | $-59,703,000 | $24,338,000 | $-859,643,000 |
| Capital Expenditure Reported | $-29,706,000 | $-16,795,000 | $-46,252,000 | $-31,374,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $37,930,000 | - | - | $495,566,000 |
| Financing Cash Flow | $393,426,000 | $-221,189,000 | $-334,820,000 | $636,000,000 |
| Cash Flow From Continuing Financing Activities | $393,426,000 | $-221,189,000 | $-334,820,000 | $636,000,000 |
| Net Other Financing Charges | $-19,875,000 | $-9,673,000 | $-11,115,000 | $-18,322,000 |
| Cash Dividends Paid | $-218,775,000 | $-216,760,000 | $-207,522,000 | $-181,224,000 |
| Common Stock Dividend Paid | $-218,775,000 | $-216,760,000 | $-207,522,000 | $-181,224,000 |
| Net Common Stock Issuance | $37,930,000 | $-996,000 | $-180,000 | $495,566,000 |
| Common Stock Issuance | $37,930,000 | - | - | $495,566,000 |
| Repurchase Of Capital Stock | - | $-996,000 | $-180,000 | $0 |
| Other | ||||
| Repayment Of Debt | $-1,053,995,000 | $-250,260,000 | $-331,503,000 | $-1,060,303,000 |
| Issuance Of Debt | $1,648,141,000 | $256,500,000 | $215,500,000 | $1,400,283,000 |
| Interest Paid Supplemental Data | $80,250,000 | $73,674,000 | $77,147,000 | $72,000,000 |
| Income Tax Paid Supplemental Data | $1,119,000 | - | $310,000 | $400,000 |
| End Cash Position | $33,642,000 | $15,993,000 | $20,632,000 | $60,040,000 |
| Beginning Cash Position | $15,993,000 | $20,632,000 | $60,040,000 | $27,769,000 |
| Changes In Cash | $17,649,000 | $-4,639,000 | $-39,408,000 | $32,271,000 |
| Net Issuance Payments Of Debt | $594,146,000 | $6,240,000 | $-116,003,000 | $339,980,000 |
| Net Long Term Debt Issuance | $594,146,000 | $6,240,000 | $-116,003,000 | $339,980,000 |
| Long Term Debt Payments | $-1,053,995,000 | $-250,260,000 | $-331,503,000 | $-1,060,303,000 |
| Long Term Debt Issuance | $1,648,141,000 | $256,500,000 | $215,500,000 | $1,400,283,000 |
| Net Investment Properties Purchase And Sale | $-645,567,000 | $-42,908,000 | $70,590,000 | $-828,269,000 |
| Sale Of Investment Properties | $93,550,000 | $354,350,000 | $195,084,000 | $56,501,000 |
| Purchase Of Investment Properties | $-739,117,000 | $-397,258,000 | $-124,494,000 | $-884,770,000 |
| Change In Working Capital | $13,469,000 | $-2,032,000 | $-9,167,000 | $307,000 |
| Change In Payables And Accrued Expense | $12,135,000 | $-770,000 | $-9,595,000 | $-551,000 |
| Change In Accrued Expense | $7,665,000 | $135,000 | $-1,369,000 | $598,000 |
| Change In Interest Payable | $7,665,000 | $135,000 | $-1,369,000 | $598,000 |
| Change In Payable | $4,470,000 | $-905,000 | $-8,226,000 | $-1,149,000 |
| Change In Account Payable | $4,470,000 | $-905,000 | $-8,226,000 | $-1,149,000 |
| Change In Prepaid Assets | $2,456,000 | $480,000 | $-352,000 | $199,000 |
| Change In Receivables | $-1,122,000 | $-1,742,000 | $780,000 | $659,000 |
| Other Non Cash Items | $-3,023,000 | $-25,672,000 | $-19,175,000 | $-18,764,000 |
| Stock Based Compensation | $9,597,000 | $7,355,000 | $6,359,000 | $5,316,000 |
| Asset Impairment Charge | $39,734,000 | $49,001,000 | $31,274,000 | $5,535,000 |
| Depreciation Amortization Depletion | $159,616,000 | $151,765,000 | $152,781,000 | $149,998,000 |
| Depreciation And Amortization | $159,616,000 | $151,765,000 | $152,781,000 | $149,998,000 |
| Gain Loss On Investment Securities | $-19,313,000 | $-73,153,000 | $-54,310,000 | $-15,953,000 |
| Net Income From Continuing Operations | $99,416,000 | $168,989,000 | $163,312,000 | $129,475,000 |
| Common Stock Payments | - | $-996,000 | $-180,000 | $0 |
| Net Short Term Debt Issuance | - | - | $-108,500,000 | $100,283,000 |
| Short Term Debt Payments | - | - | $-324,000,000 | $-800,000,000 |
| Short Term Debt Issuance | - | - | $215,500,000 | $900,283,000 |
| Net Business Purchase And Sale | - | - | - | $0 |
| Purchase Of Business | - | - | - | $0 |
| Provisionand Write Offof Assets | - | - | - | - |
Fetched: 2026-06-11