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Real Estate - REIT - Diversified - NYSE - US
$ 15.83
0.317 %
$ 2.98 B
Market Cap
21.11
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 31, 2025.

The intrinsic value of one BNL stock under the worst case scenario is HIDDEN Compared to the current market price of 15.8 USD, Broadstone Net Lease, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 31, 2025.

The intrinsic value of one BNL stock under the base case scenario is HIDDEN Compared to the current market price of 15.8 USD, Broadstone Net Lease, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 31, 2025.

The intrinsic value of one BNL stock under the best case scenario is HIDDEN Compared to the current market price of 15.8 USD, Broadstone Net Lease, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
443 M REVENUE
8.68%
381 M OPERATING INCOME
91.12%
163 M NET INCOME
26.13%
271 M OPERATING CASH FLOW
5.92%
24.3 M INVESTING CASH FLOW
102.83%
-335 M FINANCING CASH FLOW
-52.64%
108 M REVENUE
1.36%
53.7 M OPERATING INCOME
0.76%
37.3 M NET INCOME
5.49%
67.3 M OPERATING CASH FLOW
-9.26%
-65.6 M INVESTING CASH FLOW
70.93%
-10.4 M FINANCING CASH FLOW
79.82%
Balance Sheet Broadstone Net Lease, Inc.
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Current Assets 174 M
Cash & Short-Term Investments 19.5 M
Receivables 154 M
Other Current Assets 0
Non-Current Assets 4.99 B
Long-Term Investments 0
PP&E 8.48 M
Other Non-Current Assets 4.99 B
Current Liabilities 110 M
Accounts Payable 24.5 M
Short-Term Debt 2.26 M
Other Current Liabilities 83.3 M
Non-Current Liabilities 1.97 B
Long-Term Debt 1.91 B
Other Non-Current Liabilities 61.8 M
EFFICIENCY
Earnings Waterfall Broadstone Net Lease, Inc.
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Revenue 443 M
Cost Of Revenue 22.6 M
Gross Profit 420 M
Operating Expenses 39.4 M
Operating Income 381 M
Other Expenses 218 M
Net Income 163 M
RATIOS
94.90% GROSS MARGIN
94.90%
86.00% OPERATING MARGIN
86.00%
35.11% NET MARGIN
35.11%
5.10% ROE
5.10%
2.95% ROA
2.95%
7.49% ROIC
7.49%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Broadstone Net Lease, Inc.
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Net Income 163 M
Depreciation & Amortization 159 M
Capital Expenditures -46.3 M
Stock-Based Compensation 6.36 M
Change in Working Capital -9.17 M
Others -49.8 M
Free Cash Flow 225 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Broadstone Net Lease, Inc.
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Wall Street analysts predict an average 1-year price target for BNL of $17.3 , with forecasts ranging from a low of $16 to a high of $18 .
BNL Lowest Price Target Wall Street Target
16 USD 1.07%
BNL Average Price Target Wall Street Target
17.3 USD 9.50%
BNL Highest Price Target Wall Street Target
18 USD 13.71%
4. DIVIDEND ANALYSIS
3.05% DIVIDEND YIELD
0.29 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Broadstone Net Lease, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
97.8 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
427 K USD 4
9-12 MONTHS
Date Value Insider Amount Avg Price
8 months ago
May 14, 2024
Sell 97.8 K USD
Wiegel Molly
SVP - Human Resources & Admin
- 6320.28
15.48 USD
11 months ago
Feb 27, 2024
Bought 74.4 K USD
NARASIMHAN SHEKAR
Director
+ 5000
14.87 USD
11 months ago
Feb 26, 2024
Bought 147 K USD
COKE MICHAEL A
Director
+ 10000
14.672 USD
11 months ago
Feb 26, 2024
Bought 148 K USD
Moragne John David
Chief Executive Officer
+ 10000
14.7688 USD
11 months ago
Feb 26, 2024
Bought 58.5 K USD
Fennell Kevin
EVP & CFO
+ 4000
14.63 USD
1 year ago
Mar 17, 2023
Bought 100 K USD
Moragne John David
Chief Executive Officer
+ 5982
16.72 USD
1 year ago
Mar 17, 2023
Bought 104 K USD
Albano Ryan M
President & COO
+ 6200
16.742 USD
1 year ago
Mar 10, 2023
Bought 16.3 K USD
Caruso Michael B.
SVP, Corporate Strategy & IR
+ 1000
16.3316 USD
1 year ago
Mar 10, 2023
Bought 53.5 K USD
Fennell Kevin
EVP & CFO
+ 3250
16.45 USD
1 year ago
Feb 28, 2023
Sell 150 K USD
Pickney Roderick
SVP - Acquisitions
- 8404.388
17.8478 USD
1 year ago
Feb 27, 2023
Bought 179 K USD
COKE MICHAEL A
Director
+ 10000
17.92 USD
2 years ago
Mar 10, 2022
Sell 53 K USD
Lessard Laurier J Jr
SVP - Asset Management
- 2500
21.2 USD
2 years ago
Mar 01, 2022
Sell 86 K USD
Pickney Roderick
SVP - Acquisitions
- 4000
21.5 USD
3 years ago
Jun 10, 2021
Sell 98.6 K USD
Wiegel Molly
SVP - Human Resources
- 4000
24.64 USD
3 years ago
May 14, 2021
Sell 62.3 K USD
Pickney Roderick
SVP - Acquisitions
- 3000
20.76 USD
4 years ago
Sep 21, 2020
Bought 42.5 K USD
Lessard Laurier J Jr
SVP - Asset Management
+ 2500
17 USD
4 years ago
Sep 21, 2020
Bought 51 K USD
Pickney Roderick
SVP - Acquisitions
+ 3000
17 USD
4 years ago
Sep 21, 2020
Bought 102 K USD
Duckles Kristen
SVP & Chief Admin. Officer
+ 6000
17 USD
4 years ago
Sep 21, 2020
Bought 945 K USD
Hawkes Laurie A.
Director
+ 55600
17 USD
4 years ago
Sep 21, 2020
Bought 102 K USD
Czarnecki Christopher J
CEO & President
+ 6000
17 USD
6 years ago
Jan 10, 2019
Bought 0 USD
Cutt Sean T
Chief Investment Officer
+ 1163
0 USD
6 years ago
Nov 30, 2018
Bought 40 K USD
Czarnecki Christopher J
Chief Executive Officer
+ 465.116
86 USD
7 years ago
Dec 29, 2017
Bought 15 K USD
Czarnecki Christopher J
Chief Executive Officer
+ 185.185
81 USD
7 years ago
Jul 31, 2017
Bought 25 K USD
Czarnecki Christopher J
Chief Executive Officer
+ 312.5
80 USD
7. News
Fire And Ice US equity markets tumbled this week while benchmark interest rates surged to the cusp of multi-decade highs after a critical slate of employment data showed surprisingly buoyant labor market trends. Prompting a hawkish re-think of Fed policy expectations, inflation worries were further inflamed by surging energy prices amid frigid temperatures across the Central and East, while L.A. battled destructive wildfires. Real estate equities - the most rate-sensitive sector - were significant laggards this week as rate cut expectations soured, with REITs extending their year-end slide into early 2025. seekingalpha.com - 2 weeks ago
Broadstone Net Lease: Valuation Looks Tempting Once Again Broadstone Net Lease (BNL) is a diversified REIT with a focus on industrial properties, which had been an area showing strong growth. BNL's portfolio is quite diversified, with over 750 properties, though on a relative basis, it is still a smaller REIT. BNL offers minimal growth expectations going forward but is attractive nonetheless with a 7.18% dividend yield and is valued appropriately with a P/FFO of 10.74x. seekingalpha.com - 3 weeks ago
Broadstone Net Lease: Remains Undervalued With Attractive Yield Shares in Broadstone Net Lease have traded in a tight range over the past year. Total stock performance has been supported by the REIT's attractive dividend payout. At current pricing, shares offer an annual yield of more than 7%. seekingalpha.com - 3 weeks ago
Broadstone Net Lease Adds $117.4 Million to its Committed Pipeline of Build-to-Suit Development Commitments and Schedules Fourth Quarter 2024 Earnings Release and Conference Call VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--BNL Adds $117.4 Million to its Committed Pipeline of Build-to-Suit Development Commitments and Schedules Q4 2024 Earnings Release and Conference Call. businesswire.com - 3 weeks ago
Broadstone Net Lease: Double Your Income With Significantly Less Risk We had moved Broadstone Net Lease to a Hold from a Buy the last time around. The stock is down 10.5% since then and the decision to stay out feels good. We go over the fundamentals today and tell you how we would play it. seekingalpha.com - 1 month ago
Buy The Dip: 2 REITs Getting Way Too Cheap Some REITs suffered a dip in recent weeks. As a result, they have become cheap again. We highlight 2 of our favorite buy-the-dip opportunities. seekingalpha.com - 1 month ago
Cash COWs And Buried Treasures: 2024 Performance Review About a year ago, I published two proposed portfolios:  Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). The Cash COWs portfolio, selected for high yield and dividend safety, delivered a 6.91% cash yield with no dividend cuts, outperforming the VNQ by 242 bps. Despite not matching the S&P 500 or NASDAQ, Cash COWs performed well against the Dow Jones, S&P 400, and S&P 600 indices. seekingalpha.com - 1 month ago
3 Stocks to Ride the Manufacturing Sector's Big Comeback The financial markets have provided investors with their sentiment for the United States economy moving forward through price action in different asset classes like stocks, bonds, and commodities. From the way gold is making new all-time highs while bond yields are on the rise, investors could assume that one single theme is taking over the behavior coming out of the different markets. marketbeat.com - 2 months ago
Broadstone Net Lease: Still Underestimated Broadstone Net Lease Inc.'s portfolio emphasizes industrial properties and long-term leases, provides high rental collection rates and moderate concentration risk. Despite its recent top-line challenges, Broadstone maintains solid per-share ratios. Moreover, a seemingly favorable capital structure provides latitude to enhanced performance in a lower interest rate environment. The REIT's valuation metrics suggest relative value is in store, which is accompanied by a forward dividend yield of 6.75%. seekingalpha.com - 2 months ago
Broadstone Net Lease Announces Updates to its Build-To-Suit Development Funding Commitments and Participation at Nareit's REITworld 2024 Annual Conference 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. businesswire.com - 2 months ago
Helium One completes Colorado farm-in, looks forward to well drilling 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. proactiveinvestors.co.uk - 2 months ago
Broadstone Net Lease, Inc. (BNL) Q3 2024 Earnings Call Transcript 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. seekingalpha.com - 3 months ago
8. Profile Summary

Broadstone Net Lease, Inc. BNL

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COUNTRY US
INDUSTRY REIT - Diversified
MARKET CAP $ 2.98 B
Dividend Yield 3.05%
Description BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.
Contact 800 Clinton Square, Rochester, NY, 14604 https://www.broadstone.com
IPO Date Sept. 17, 2020
Employees 74
Officers Mr. Will D. Garner Senior Vice President of Acquisitions Mr. Kevin M. Fennell Executive Vice President, Chief Financial Officer & Treasurer Mr. Michael B. Caruso Senior Vice President of Underwriting & Strategy Ms. Molly Kelly Wiegel Senior Vice President of Human Resources & Administration Ms. Jennie O'Brien Senior Vice President & Chief Accounting Officer Mr. John D. Callan Jr. Senior Vice President, General Counsel & Secretary Mr. John D. Moragne J.D. Chief Executive Officer & Director Mr. Ryan M. Albano CPA President & Chief Operating Officer