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Broadstone Net LeaseNYSE: BNL

Profile

Industry:

Diversified

Country:

United States

IPO:

17 September 2020

Next earnings report:

21 February 2025

Last dividends:

30 September 2024

Next dividends:

31 December 2024
$3.22 B
-24%vs. 3y high
70%vs. sector
-50%vs. 3y high
39%vs. sector
-35%vs. 3y high
46%vs. sector
-33%vs. 3y high
73%vs. sector

Price

after hours | 19 min ago
$17.07+$0.23(+1.37%)
$108.40 M$108.55 M
$108.40 M$35.61 M

Analysts recommendations

Institutional Ownership

BNL Latest News

Broadstone Net Lease Announces Updates to its Build-To-Suit Development Funding Commitments and Participation at Nareit's REITworld 2024 Annual Conference
businesswire.com18 November 2024 Sentiment: POSITIVE

VICTOR, N.Y.--(BUSINESS WIRE)---- $BNL #buildtosuit--BNL Announces Updates to its Build-To-Suit Development Funding Commitments and Participation at Nareit's REITworld 2024 Annual Conference.

Helium One completes Colorado farm-in, looks forward to well drilling
proactiveinvestors.co.uk04 November 2024 Sentiment: POSITIVE

Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has confirmed the completion of its farm-in agreement with Blue Star Helium Ltd (ASX:BNL, OTC:BSNLF) (ASX: BNL) for a 50% stake in the Galactica-Pegasus helium project located in Las Animas, Colorado. The deal sees Helium One commit to cover $1.50 million of the costs of six development wells, with drilling slated to commence in the fourth quarter of 2024.

Broadstone Net Lease, Inc. (BNL) Q3 2024 Earnings Call Transcript
seekingalpha.com31 October 2024 Sentiment: POSITIVE

Broadstone Net Lease, Inc. (NYSE:BNL ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Brent Maedl - Director of Corporate Finance and IR John Moragne - CEO Ryan Albano - President and COO Kevin Fennell - CFO Conference Call Participants Eric Borden - BMO Anthony Paolone - JP Morgan Upal Rana - KeyBanc Capital Market Jay Kornreich - Wedbush Securities Caitlin Burrows - Goldman Sachs Ki Bin Kim - Truist Operator Hello, and welcome to the Broadstone Net Lease Third Quarter 2024 Earnings Conference Call. My name is Carla, and I'll be operator today.

Broadstone Net Lease, Inc. (BNL) Misses Q3 FFO Estimates
zacks.com30 October 2024 Sentiment: NEUTRAL

Broadstone Net Lease, Inc. (BNL) came out with quarterly funds from operations (FFO) of $0.35 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to FFO of $0.36 per share a year ago.

Previous Thesis Panned Out, But Broadstone Net Lease Has More To Offer
seekingalpha.com17 September 2024 Sentiment: POSITIVE

Broadstone Net Lease's reorganization strategy aims to reduce healthcare properties and increase industrial property exposure, enhancing portfolio quality and long-term value. Despite recent industrial sector challenges, including oversupply and interest rate headwinds, BNL's strategic shift is seen as a sustainable step forward. Q2 2024 data shows signs of improving industrial space demand and reduced construction starts, indicating a potential market turnaround.

If I Was Retiring In 10-20 Years With 10 REITs - Part 2
seekingalpha.com12 September 2024 Sentiment: POSITIVE

Younger investors can afford riskier REITs, but retirees need dependable income sources. Avoid mortgage and lodging REITs due to their volatility and economic sensitivity. Broadstone Net Lease offers a strong combination of safety, quality, yield, and value with a 6.34% dividend yield and investment-grade credit rating. CTO Realty Growth is transitioning to a shopping center REIT, offering a 7.79% dividend yield and trading at a discounted AFFO multiple.

3 Small Cap REITs With Big Yields
seekingalpha.com25 August 2024 Sentiment: POSITIVE

In this article, I will highlight three small cap REITs that are poised to deliver solid total returns from dividends and capital appreciation: CTO Realty Growth, Alpine Income Property Trust, and Broadstone Net Lease. Focus on identifying high-yield small-cap REITs that avoid "sucker yields" and have the potential for long-term shareholder value growth through thorough research. As REITs continue to rally (and rates decline in September), we will continue to provide readers with more actionable ideas like these.

Broadstone Net Lease: Meaningful Reorganization Progress And Strong Metrics Make It Buyable
seekingalpha.com12 August 2024 Sentiment: POSITIVE

Broadstone Net Lease is a diversified REIT that focuses on industrial properties, restaurants, healthcare, retail, and office spaces. BNL is implementing a healthcare portfolio simplification strategy to improve its overall quality and performance. The process concerns some investors, but BNL has already made meaningful progress. BNL's strong credit metrics, high occupancy rate, solid WALT, and high rent escalators make it an attractive investment opportunity with the potential for double-digit total returns.

Broadstone Net Lease: An Attractive Yield For Income Investors
seekingalpha.com08 July 2024 Sentiment: POSITIVE

Broadstone Net Lease is a diversified REIT with attractive yield and valuation, primarily focused on industrial properties. BNL has high occupancy and collection rates; they've been mostly beating analyst expectations, but growth is expected to be rather flat going forward. Despite a lack of growth in the near term, this REIT delivers a solid yield to compensate for that while they work to adjust the portfolio back to consistent growth.

Buy These 7-9% Yields Before The Market Wakes To Income
seekingalpha.com03 July 2024 Sentiment: POSITIVE

Crescent Capital BDC offers a 9% dividend yield with strong performance and conservative portfolio management. Broadstone Net Lease provides a 7.4% dividend yield with high occupancy rates and a solid balance sheet. Both companies offer stable income and potential capital appreciation, making them attractive high-yield investment options in a volatile market.

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What type of business is Broadstone Net Lease?

Broadstone Net Lease, Inc. (the “Corporation”) is a Maryland corporation formed on October 18, 2007, that elected to be taxed as a real estate investment trust (“REIT”) commencing with the taxable year ended December 31, 2008. Broadstone Net Lease, LLC (the Corporation's operating company, or the “OP”), is the entity through which the Corporation conducts its business and owns (either directly or through subsidiaries) all of the Corporation's properties. The Corporation is the sole managing member of the OP. The membership units not owned by the Corporation are referred to as OP Units or non-controlling interests. As the Corporation conducts substantially all of its operations through the OP, it is structured as what is referred to as an umbrella partnership real estate investment trust (“UPREIT”). The Corporation's common stock is listed on the New York Stock Exchange under the symbol “BNL.”

What sector is Broadstone Net Lease in?

Broadstone Net Lease is in the Real Estate sector

What industry is Broadstone Net Lease in?

Broadstone Net Lease is in the Diversified industry

What country is Broadstone Net Lease from?

Broadstone Net Lease is headquartered in United States

When did Broadstone Net Lease go public?

Broadstone Net Lease initial public offering (IPO) was on 17 September 2020

What is Broadstone Net Lease website?

https://www.broadstone.com

Is Broadstone Net Lease in the S&P 500?

No, Broadstone Net Lease is not included in the S&P 500 index

Is Broadstone Net Lease in the NASDAQ 100?

No, Broadstone Net Lease is not included in the NASDAQ 100 index

Is Broadstone Net Lease in the Dow Jones?

No, Broadstone Net Lease is not included in the Dow Jones index

When was Broadstone Net Lease the previous earnings report?

No data

When does Broadstone Net Lease earnings report?

The next expected earnings date for Broadstone Net Lease is 21 February 2025