Broadstone Net Lease, Inc.

Valuation Analysis

About the Company

Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. We primarily, and selectively, invest in real estate across industrial and retail property types. We target properties with credit-worthy tenants in industries characterized by positive business drivers and trends, where the properties are an integral part of the tenant's business and there are opportunities to secure long-term net leases. Through long-term net leases, our tenants can retain operational control of their strategically important locations, while allocating their debt and equity capital to fund core business operations rather

Broadstone Net Lease, Inc. Stock at a Glance

Broadstone Net Lease, Inc. (BNL) is currently trading at $21.07 with a market capitalization of $4.2B. The trailing P/E ratio stands at 32.42x, with a forward P/E of 25.87x. The 52-week range spans from $15.66 to $21.50; the current price is 2% below the yearly high. Year-over-year revenue growth stands at +11.7%. The net profit margin stands at 27.02%.

💰 Dividend

Broadstone Net Lease, Inc. pays an annual dividend of $1.17 per share, representing a yield of 5.55%. The payout ratio stands at 178.85%. The elevated payout ratio reflects a mature dividend policy.

📊 Analyst Rating

9 analysts rate Broadstone Net Lease, Inc. (BNL) on consensus: Buy. The average price target is $22.33, implying +6% from the current price. Analyst price targets range from $20.00 to $24.00.

Broadstone Net Lease, Inc.: The Investment Case in Detail

Broadstone Net Lease, Inc. (BNL) operates in the Real Estate — specifically REIT - Diversified — and is headquartered in United States. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

The Bull Case

Revenue is growing at a healthy 11.7% pace year-over-year, suggesting the business model continues to find new customers and pricing power. Earnings growth of 175.2% is outpacing revenue, a sign of operational leverage — fixed costs are being absorbed across a larger base. With a gross margin near 94.93%, the company sits in the top tier of its industry — these are the kinds of structural margins that protect earnings during downturns.

The Bear Case

Our valuation screen flags the stock as overvalued — current multiples imply the business needs to deliver well above its recent trajectory to justify the price.

What to Watch Next

• The forward P/E of 25.87x is meaningfully below the trailing 32.42x — analysts expect earnings to step up; the next earnings release is the test.
• The share is trading at 92.6% of its 52-week range — a break above the recent high opens technical upside, a failure here often invites profit-taking.

Investment Thesis: Strengths & Weaknesses

Technical Snapshot

Price trades above both the 50- and 200-day moving averages, with 50d above 200d — a classic bullish setup (golden-cross alignment).

Risk Profile

The data points to relatively defensive market behavior, elevated short interest (6.56%).

Trading Data

💵 Dividend Info

Related Stocks in the Same Sector

Where can I buy Broadstone Net Lease, Inc.?

Compare top-rated brokers — low fees, trusted providers, fully regulated.