
BNL
Broadstone Net Lease Inc
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
16.735
Open
16.710
VWAP
16.65
Vol
927.44K
Mkt Cap
3.15B
Low
16.4846
Amount
15.45M
EV/EBITDA(TTM)
21.25
Total Shares
188.43M
EV
5.37B
EV/OCF(TTM)
19.05
P/S(TTM)
7.40
Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust (REIT). The Company invests primarily in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. It is primarily diversified across industrial and retail property types. Under industrial property type, it includes manufacturing, distribution and warehouse, food processing, flex and research and development, cold storage, and services. Under retail property type, it includes general merchandise, casual dining, quick service restaurants, automotive, animal services, home furnishings, healthcare services, and education. Under Other property type, it includes office and clinical/surgical. The Company's portfolio consists of approximately 765 properties, with 758 properties located in 44 U.S. states and seven properties located in four Canadian provinces.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2026Q1
FY2025Q4
FY2025Q3
115.74M
+6.49%
--
--
114.39M
+2.01%
--
--
112.51M
+3.8%
--
--
Estimates Revision
The market is revising Upward the revenue expectations for Broadstone Net Lease, Inc. (BNL) for FY2025, with the revenue forecasts being adjusted by 0.9% over the past three months. During the same period, the stock price has changed by 2.40%.
Revenue Estimates for FY2025
Revise Upward

+0.9%
In Past 3 Month
Stock Price
Go Up

+2.40%
In Past 3 Month
7 Analyst Rating

14.82% Upside
Wall Street analysts forecast BNL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BNL is 19.14 USD with a low forecast of 16.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
3 Hold
0 Sell
Moderate Buy

14.82% Upside
Current: 16.670

Low
16.00
Averages
19.14
High
22.00

14.82% Upside
Current: 16.670

Low
16.00
Averages
19.14
High
22.00
Wolfe Research
Andrew Rosivach
Peer Perform -> Outperform
upgrade
$19
2025-07-28
Reason
Wolfe Research
Andrew Rosivach
Price Target
$19
2025-07-28
upgrade
Peer Perform -> Outperform
Reason
Wolfe Research analyst Andrew Rosivach upgraded Broadstone Net Lease to Outperform from Peer Perform with a $19 price target, implying 27% total return including dividends. The company's "middling growth" relative to peers comes with a "deeply discounted" multiple, the analyst tells investors in a research note. Wolfe sees any low cap rate asset sales as a positive catalyst for the shares.
Wolfe Research
Peer Perform -> Outperform
upgrade
2025-07-27
Reason
Wolfe Research
Price Target
2025-07-27
upgrade
Peer Perform -> Outperform
Reason
Wolfe Research upgraded Broadstone Net Lease to Outperform from Peer Perform.
UBS
Neutral
downgrade
$17 -> $16
2025-07-16
Reason
UBS
Price Target
$17 -> $16
2025-07-16
downgrade
Neutral
Reason
UBS lowered the firm's price target on Broadstone Net Lease to $16 from $17 and keeps a Neutral rating on the shares.
UBS
Michael Goldsmith
Neutral
downgrade
$18 -> $17
2025-05-13
Reason
UBS
Michael Goldsmith
Price Target
$18 -> $17
2025-05-13
downgrade
Neutral
Reason
UBS analyst Michael Goldsmith lowered the firm's price target on Broadstone Net Lease to $17 from $18 and keeps a Neutral rating on the shares.
Citizens Capital Markets
Mitch Germain
Buy
Reiterates
$21
2025-02-21
Reason
Citizens Capital Markets
Mitch Germain
Price Target
$21
2025-02-21
Reiterates
Buy
Reason
JMP Securities
Mitch Germain
Hold
to
Buy
Upgrades
$21
2024-12-17
Reason
JMP Securities
Mitch Germain
Price Target
$21
2024-12-17
Upgrades
Hold
to
Buy
Reason
JMP Securities analyst Mitch Germain upgraded Broadstone Net Lease to Outperform from Market Perform with a $21 price target. The firm believes progress from the company's portfolio rationalization strategy is not priced into the shares. JMP has "been impressed" by Broadstone 's progress in reducing exposure to clinical healthcare assets, and says the company's investment pipeline is expanding and should result in improved quality of rents.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Broadstone Net Lease Inc (BNL.N) is 23.96, compared to its 5-year average forward P/E of 27.24. For a more detailed relative valuation and DCF analysis to assess Broadstone Net Lease Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair
5Y Average PE
27.24
Current PE
23.96
Overvalued PE
34.96
Undervalued PE
19.52
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair
5Y Average EV/EBITDA
14.11
Current EV/EBITDA
13.14
Overvalued EV/EBITDA
16.00
Undervalued EV/EBITDA
12.23
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair
5Y Average PS
7.67
Current PS
6.93
Overvalued PS
9.09
Undervalued PS
6.26
Financials
Annual
Quarterly
FY2025Q2
YoY :
+6.68%
112.99M
Total Revenue
FY2025Q2
YoY :
+4.82%
55.89M
Operating Profit
FY2025Q2
YoY :
-44.82%
19.83M
Net Income after Tax
FY2025Q2
YoY :
-47.37%
0.10
EPS - Diluted
FY2025Q2
YoY :
-63.27%
-64.78M
Free Cash Flow
FY2025Q2
YoY :
-1.72%
86.08
Gross Profit Margin - %
FY2025Q2
YoY :
-23.36%
-17.36
FCF Margin - %
FY2025Q2
YoY :
-48.28%
17.55
Net Margin - %
FY2025Q2
YoY :
-23.16%
3.45
ROIC
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
10
1.2M
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds areBuying! The buying amount has increased 361.35% over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
351.8K
Volume
2
6-9
Months
43.6K
Volume
1
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
1
1.7M
Volume
Months
6-9
2
368.5K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
10
1.2M
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
BNL News & Events
Events Timeline
2025-07-30 (ET)
2025-07-30
16:16:16
Broadstone Net Lease sees 2025 adjusted FFO $1.48-$1.50

2025-07-30
16:15:35
Broadstone Net Lease reports Q2 adjusted FFO 38c, consensus 37c

2025-07-24 (ET)
2025-07-24
16:21:46
Broadstone Net Lease announces three more build-to-suit developments

Sign Up For More Events
Sign Up For More Events
News
7.0
07-31SeekingAlphaBroadstone Net Lease raises 2025 AFFO guidance to $1.48–$1.50 per share as build-to-suit pipeline expands
9.5
07-30SeekingAlphaBroadstone Net Lease FFO of $0.38 in-line, revenue of $112.99M beats by $2.31M
4.0
07-28BenzingaWolfe Research Upgrades Broadstone Net Lease to Outperform, Announces $19 Price Target
Sign Up For More News
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FAQ

What is Broadstone Net Lease Inc (BNL) stock price today?
The current price of BNL is 16.67 USD — it has increased 0.18 % in the last trading day.

What is Broadstone Net Lease Inc (BNL)'s business?

What is the price predicton of BNL Stock?

What is Broadstone Net Lease Inc (BNL)'s revenue for the last quarter?

What is Broadstone Net Lease Inc (BNL)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for Broadstone Net Lease Inc (BNL)'s fundamentals?

How many employees does Broadstone Net Lease Inc (BNL). have?
