With the Federal Reserve cutting rates, Real Estate Investment Trusts (REITs) are positioned to benefit. Several landlord REITs offering high dividend yields are expected to surge as borrowing costs fall, creating opportunities for investors.
Broadstone Net Lease, Inc. (BNL)
Common Stock · Currency in USD · XNYS
Broadstone Net Lease Inc is an internally managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.
Company Info
SIC6798
Composite FIGIBBG000PWD2R3
CIK0001424182
IPOSep 17, 2020
Sectorreal estate investment trusts
Highlights
Market Cap$3.57B
EPS$0.44
P/E Ratio44.97
Revenue$443.35M
Gross Profit$451.94M
Net Income$79.32M
Employees62
WSO191,588,366
Phone585-287-6500
Websitehttps://www.broadstone.com
Related Tickers
EPRT
Essential Properties Realty Trust, Inc.
$30.85 0.00%
FCPT
Four Corners Property Trust, Inc.
$23.75 0.00%
WPC
W.P. Carey Inc. (REIT)
$70.25 0.00%
NNN
NNN REIT, Inc.
$43.00 0.00%
O
Realty Income Corporation
$62.32 0.00%
STAG
STAG INDUSTRIAL, INC.
$36.18 0.00%
LXP
LXP Industrial Trust
$46.10 0.00%
FR
First Industrial Realty Trust, Inc.
$58.67 0.00%
GNL
Global Net Lease, Inc.
$9.41 0.00%
EGP
EastGroup Properties Inc.
$188.41 0.00%
Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Broadstone Net Lease, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Broadstone Net Lease, Inc. (BNL) has returned 7.69% so far this year and 17.85% over the past 12 months. Looking at the last ten years, BNL has achieved an annualized return of 1.22%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
BNL
1M-2.00%
6M0.16%
YTD7.69%
1Y17.85%
5Y0.13%
10Y1.22%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Broadstone Net Lease, Inc. (BNL) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.06% | 5.90% | -5.34% | 2.08% | ||||||||
| 2025 | -0.69% | 8.22% | 0.24% | -5.44% | 1.47% | 1.71% | 1.63% | 14.36% | -3.14% | -0.11% | -1.62% | -0.63% |
| 2024 | -6.19% | -7.22% | 5.31% | -7.38% | 5.35% | 2.72% | 9.98% | 4.33% | 4.35% | -7.08% | -0.79% | -8.90% |
| 2023 | 10.09% | -1.77% | -3.46% | -4.77% | -2.49% | -1.28% | 5.16% | -1.04% | -12.22% | -0.21% | 13.31% | 7.76% |
| 2022 | -7.34% | -5.87% | 0.46% | -5.35% | 2.08% | -3.16% | 10.64% | -15.16% | -18.26% | 8.83% | -1.96% | -5.43% |
| 2021 | -8.38% | 0.33% | -0.05% | 10.03% | 7.32% | 6.89% | 10.54% | 4.74% | -9.65% | 6.53% | -5.59% | -1.63% |
| 2020 | 1.70% | -1.96% | 6.33% | 10.62% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Broadstone Net Lease, Inc. (BNL) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of BNL compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Broadstone Net Lease, Inc. volatility is 1.26%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 5.72B | 5.22B | 5.27B | 5.46B | 4.62B | 4.26B |
| Equity Attributable To Parent (USD) | 2.90B | 3.00B | 3.05B | 3.09B | 2.58B | 2.30B |
| Equity Attributable To Noncontrolling Interest (USD) | 131.47M | 137.68M | 145.10M | 169.59M | 163.85M | 179.98M |
| Equity (USD) | 3.03B | 3.14B | 3.19B | 3.26B | 2.74B | 2.48B |
| Long-term Debt (USD) | 2.52B | 1.92B | 1.92B | 2.03B | 1.70B | 1.55B |
| Noncurrent Liabilities (USD) | - | - | - | - | - | - |
| Current Liabilities (USD) | 2.68B | 2.07B | 2.07B | 2.20B | 1.88B | 1.78B |
| Liabilities (USD) | 2.68B | 2.07B | 2.07B | 2.20B | 1.88B | 1.78B |
| Noncurrent Assets (USD) | - | - | - | - | - | - |
| Current Assets (USD) | 5.72B | 5.22B | 5.27B | 5.46B | 4.62B | 4.26B |
| Assets (USD) | 5.72B | 5.22B | 5.27B | 5.46B | 4.62B | 4.26B |
News and Insights
The article discusses three high-yielding dividend stocks: AGNC Investment (13.7% yield), Broadstone Net Lease (7.5% yield), and Medical Properties Trust (6.4% yield). While these stocks offer attractive dividends, they also carry higher risk profiles that investors should consider.
W. P. Carey, a diversified REIT, has started to recover from its slump following the company's exit from the office sector. The REIT's adjusted FFO declined in 2024 due to asset sales, but it has been investing in new properties and expects to grow its FFO in 2025. The stock trades at a relatively attractive valuation compared to its peers and offers a high dividend yield.
There is significant mispricing among triple net REITs. Click here to read why REITs with exposure to CVS and Walgreens may face challenges.
The Sell in May and Go Away trading pattern is unlikely to happen this month. Check out two picks that are good candidates for those seeking to Buy In May.
UDR (UDR) delivered FFO and revenue surprises of 0% and 0.75%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Broadstone Net Lease's focus on industrial properties and rent escalators positions it for FFO growth. Read what makes BNL stock a solid buy-and-hold investment.
NNN has outperformed Realty Income in the last three years, and delivered consistent income streams and raised dividends. Read more about O stock here.
Broadstone Net Lease REIT established a strong presence in the triple net arena, particularly in the industrial sector. Find out why BNL stock is a Buy.
Analysts' ratings for Broadstone Net Lease (NYSE:BNL) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 2 0 1 Last 30D 0 0 0 0 1 1M Ago 0 0 1 0 0 2M Ago 0 0 1 0 0 3M Ago 0 1 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Broadstone Net Lease, presenting an average target of $17.0, a high estimate of $19.00, and a low estimate of $14.00. This current average has decreased by 2.86% from the previous average price target of $17.50. Decoding Analyst Ratings: A Detailed Look The perception of Broadstone Net Lease by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Caitlin Burrows Goldman Sachs Announces Sell $14.00 - Ki Bin Kim Truist Securities Lowers Hold $17.00 $18.00 Ki Bin Kim Truist Securities Raises Hold $18.00 $17.00 Anthony Paolone JP Morgan Announces Overweight $19.00 - Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Broadstone Net Lease. This information offers a snapshot of how ...Full story available on Benzinga.com