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BNL

Broadstone Net Lease, Inc.

BNL

NYSE·Real Estate·REIT - Diversified·Mkt cap $4.0B

$20.81

-0.29%

P/E

27.75

Mkt Cap

$4.0B

52-Wk Range

$17.16–$23.10

52-Week Range

$17.16 - $23.10

P/E

27.75

Fwd P/E

26.50

Beta

0.94

Div Yield

5.60%

Avg Vol

2.0M

Shares Out

191.6M

Mkt Cap

$4.0B

Price action

Price chart

Up 12.2% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Internal management structure reducing overhead costs and improving operational efficiency
  • Diversified portfolio across five property types and 41 states mitigating concentration risk
  • Rigorous credit analysis and underwriting standards ensuring tenant quality and lease stability
  • Long-term net lease agreements providing predictable, recurring revenue streams
  • Substantial asset base of $4.0 billion enabling scale and market presence

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

Acquisition of high-quality single-tenant properties from institutional sellers

Value

Fairly valued vs Industrial REITs peers

Momentum

Stable

+0.9% over 3m

Quality

Strong

Strong fundamentals

Dividend

High yield

5.60% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 4, 2026

Q3 26 RECAP

JUL 29, 2026

Reported EPS of $0.21 vs $0.19 consensus (+9.7% surprise). Revenue of $122.3M vs $121.6M expected (+0.6%). Beat on both top and bottom lines.

EPS beat +9.7%
Rev beat +0.6%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+9.7%

Revenue trend · last 8Q

+7%

-0%

+7%

+5%

+6%

+9%

+8%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$108.4M

$112.1M

$111.8M

$113.0M

$114.9M

$119.4M

$121.4M

$122.3M

Margins · last 8Q

Gross

0.0%

Operating

0.0%

Profit

-0.4%

Wall Street consensus

5 analysts · 80% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

80%

Hold

1

20%

Sell

0%

Median Price Target

Latest: Cantor Fitzgerald · Jul 31, 2026

vs Industry

How BNL stacks vs REIT - Diversified

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.