(BNL) Broadstone Net Lease - Ratings and Ratios
Industrial, Retail, Warehouse, Healthcare, Office
BNL EPS (Earnings per Share)
BNL Revenue
Description: BNL Broadstone Net Lease August 03, 2025
Broadstone Net Lease Inc (BNL) is a diversified net lease REIT with a primary focus on industrial properties, investing in single-tenant commercial real estate net leased to a diverse tenant base on a long-term basis. The companys investment strategy is rooted in rigorous credit analysis and prudent real estate underwriting, resulting in a diversified portfolio.
As of March 31, 2025, BNLs portfolio comprised 769 net leased commercial properties, with 762 properties in 44 U.S. states and 7 properties in 4 Canadian provinces, spanning industrial, retail, and other property types. This diversification across geographies and property types can help mitigate risk and provide a stable income stream.
To further analyze BNLs performance, key performance indicators (KPIs) such as Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) per share can be examined. A high FFO/AFFO payout ratio may indicate a significant distribution of earnings to shareholders. Additionally, the companys debt-to-equity ratio and interest coverage ratio can provide insights into its capital structure and ability to meet interest payments.
BNLs dividend yield, which can be calculated using the current stock price and annual dividend payment, is another important metric. A stable or growing dividend yield can be attractive to income-seeking investors. Furthermore, the companys occupancy rate and lease expiration schedule can help investors understand the potential for future rental income and the risk of lease rollover.
By examining these KPIs and understanding the companys business model, investors can make more informed decisions about investing in BNL. For more information, investors can visit the companys website at https://www.broadstone.com.
BNL Stock Overview
| Market Cap in USD | 3,506m |
| Sub-Industry | Diversified REITs |
| IPO / Inception | 2020-09-17 |
BNL Stock Ratings
| Growth Rating | 41.2% |
| Fundamental | 60.0% |
| Dividend Rating | 58.9% |
| Return 12m vs S&P 500 | -7.81% |
| Analyst Rating | 3.55 of 5 |
BNL Dividends
| Dividend Yield 12m | 6.43% |
| Yield on Cost 5y | 9.56% |
| Annual Growth 5y | -6.89% |
| Payout Consistency | 93.9% |
| Payout Ratio | 2.5% |
BNL Growth Ratios
| Growth Correlation 3m | 54% |
| Growth Correlation 12m | 57.3% |
| Growth Correlation 5y | -3.7% |
| CAGR 5y | 10.08% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.48 |
| CAGR/Mean DD 3y (Pain Ratio) | 1.19 |
| Sharpe Ratio 12m | 0.53 |
| Alpha | -9.59 |
| Beta | 1.016 |
| Volatility | 22.76% |
| Current Volume | 1159.5k |
| Average Volume 20d | 1415.7k |
| Stop Loss | 17.4 (-3.5%) |
| Signal | 0.14 |
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (45.2m TTM) > 0 and > 6% of Revenue (6% = 26.9m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA 0.07pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 1017 % (prev 994.2%; Δ 22.39pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.05 (>3.0%) and CFO 278.8m > Net Income 45.2m (YES >=105%, WARN >=100%) |
| Net Debt (-82.0m) to EBITDA (327.6m) ratio: -0.25 <= 3.0 (WARN <= 3.5) |
| Current Ratio 41.25 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (197.6m) change vs 12m ago 0.36% (target <= -2.0% for YES) |
| Gross Margin 96.15% (prev 85.62%; Δ 10.53pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 8.31% (prev 8.16%; Δ 0.15pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.82 (EBITDA TTM 327.6m / Interest Expense TTM 89.0m) >= 6 (WARN >= 3) |
Altman Z'' 5.02
| (A) 0.83 = (Total Current Assets 4.67b - Total Current Liabilities 113.1m) / Total Assets 5.52b |
| (B) -0.11 = Retained Earnings (Balance) -597.6m / Total Assets 5.52b |
| (C) 0.03 = EBIT TTM 162.3m / Avg Total Assets 5.39b |
| (D) -0.23 = Book Value of Equity -578.4m / Total Liabilities 2.51b |
| Total Rating: 5.02 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 60.00
| 1. Piotroski 4.0pt = -1.0 |
| 2. FCF Yield 36.04% = 5.0 |
| 3. FCF Margin 60.81% = 7.50 |
| 4. Debt/Equity 0.66 = 2.29 |
| 5. Debt/Ebitda -0.25 = 2.50 |
| 6. ROIC - WACC (= -3.58)% = -4.48 |
| 7. RoE 1.54% = 0.13 |
| 8. Rev. Trend -4.52% = -0.34 |
| 9. EPS Trend -32.01% = -1.60 |
What is the price of BNL shares?
Over the past week, the price has changed by +0.56%, over one month by -3.12%, over three months by +8.58% and over the past year by +9.63%.
Is Broadstone Net Lease a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BNL is around 17.53 USD . This means that BNL is currently overvalued and has a potential downside of -2.77%.
Is BNL a buy, sell or hold?
- Strong Buy: 2
- Buy: 3
- Hold: 5
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the BNL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 19.9 | 10.4% |
| Analysts Target Price | 19.9 | 10.4% |
| ValueRay Target Price | 19.3 | 6.8% |
BNL Fundamental Data Overview November 01, 2025
P/E Trailing = 37.766
P/E Forward = 24.6305
P/S = 7.9289
P/B = 1.1959
Beta = 1.016
Revenue TTM = 448.0m USD
EBIT TTM = 162.3m USD
EBITDA TTM = 327.6m USD
Long Term Debt = 1.91b USD (from longTermDebt, last fiscal year)
Short Term Debt = 20.2m USD (from shortTermDebt, last fiscal year)
Debt = 1.91b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -82.0m USD (from netDebt column, last quarter)
Enterprise Value = 755.8m USD (3.51b + Debt 1.91b - CCE 4.66b)
Interest Coverage Ratio = 1.82 (Ebit TTM 162.3m / Interest Expense TTM 89.0m)
FCF Yield = 36.04% (FCF TTM 272.4m / Enterprise Value 755.8m)
FCF Margin = 60.81% (FCF TTM 272.4m / Revenue TTM 448.0m)
Net Margin = 10.09% (Net Income TTM 45.2m / Revenue TTM 448.0m)
Gross Margin = 96.15% ((Revenue TTM 448.0m - Cost of Revenue TTM 17.3m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 95.57%)
Tobins Q-Ratio = 0.14 (Enterprise Value 755.8m / Total Assets 5.52b)
Interest Expense / Debt = 1.48% (Interest Expense 28.2m / Debt 1.91b)
Taxrate = 0.69% (1.18m / 170.2m)
NOPAT = 161.2m (EBIT 162.3m * (1 - 0.69%))
Current Ratio = 41.25 (Total Current Assets 4.67b / Total Current Liabilities 113.1m)
Debt / Equity = 0.66 (Debt 1.91b / totalStockholderEquity, last quarter 2.88b)
Debt / EBITDA = -0.25 (Net Debt -82.0m / EBITDA 327.6m)
Debt / FCF = -0.30 (Net Debt -82.0m / FCF TTM 272.4m)
Total Stockholder Equity = 2.94b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.82% (Net Income 45.2m / Total Assets 5.52b)
RoE = 1.54% (Net Income TTM 45.2m / Total Stockholder Equity 2.94b)
RoCE = 3.35% (EBIT 162.3m / Capital Employed (Equity 2.94b + L.T.Debt 1.91b))
RoIC = 3.25% (NOPAT 161.2m / Invested Capital 4.96b)
WACC = 6.83% (E(3.51b)/V(5.42b) * Re(9.76%) + D(1.91b)/V(5.42b) * Rd(1.48%) * (1-Tc(0.01)))
Discount Rate = 9.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.32%
[DCF Debug] Terminal Value 72.85% ; FCFE base≈265.9m ; Y1≈275.2m ; Y5≈312.6m
Fair Price DCF = 21.69 (DCF Value 4.10b / Shares Outstanding 189.2m; 5y FCF grow 3.59% → 3.0% )
EPS Correlation: -32.01 | EPS CAGR: -12.69% | SUE: -0.21 | # QB: 0
Revenue Correlation: -4.52 | Revenue CAGR: 0.66% | SUE: 0.72 | # QB: 0
Additional Sources for BNL Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle