(BNL) Broadstone Net Lease - Ratings and Ratios
Industrial, Retail, Warehouse, Healthcare, Office
BNL EPS (Earnings per Share)
BNL Revenue
Description: BNL Broadstone Net Lease
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 | 3,603m |
| Sub-Industry | Diversified REITs |
| IPO / Inception | 2020-09-17 |
BNL Stock Ratings
| Growth Rating | 10.7% |
| Fundamental | 58.1% |
| Dividend Rating | 73.1% |
| Return 12m vs S&P 500 | -8.23% |
| Analyst Rating | 3.55 of 5 |
BNL Dividends
| Dividend Yield 12m | 8.40% |
| Yield on Cost 5y | 12.90% |
| Annual Growth 5y | -5.55% |
| Payout Consistency | 93.9% |
| Payout Ratio | 2.2% |
BNL Growth Ratios
| Growth Correlation 3m | 72.8% |
| Growth Correlation 12m | -24.3% |
| Growth Correlation 5y | -1.8% |
| CAGR 5y | 10.57% |
| CAGR/Max DD 5y | 0.24 |
| Sharpe Ratio 12m | 0.52 |
| Alpha | 0.00 |
| Beta | 0.826 |
| Volatility | 18.93% |
| Current Volume | 1950.9k |
| Average Volume 20d | 1379.8k |
| Stop Loss | 17.9 (-3%) |
| Signal | 0.68 |
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income (81.4m TTM) > 0 and > 6% of Revenue (6% = 26.5m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA 0.10pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 939.9% (prev -4.49%; Δ 944.4pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.05 (>3.0%) and CFO 282.0m > Net Income 81.4m (YES >=105%, WARN >=100%) |
| Net Debt (-20.8m) to EBITDA (380.0m) ratio: -0.05 <= 3.0 (WARN <= 3.5) |
| Current Ratio 13.90 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (197.0m) change vs 12m ago 0.26% (target <= -2.0% for YES) |
| Gross Margin 84.88% (prev 85.96%; Δ -1.08pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 8.35% (prev 8.18%; Δ 0.17pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.75 (EBITDA TTM 380.0m / Interest Expense TTM 78.9m) >= 6 (WARN >= 3) |
Altman Z'' 4.79
| (A) 0.78 = (Total Current Assets 4.48b - Total Current Liabilities 322.3m) / Total Assets 5.33b |
| (B) -0.11 = Retained Earnings (Balance) -571.3m / Total Assets 5.33b |
| (C) 0.04 = EBIT TTM 217.0m / Avg Total Assets 5.30b |
| (D) -0.24 = Book Value of Equity -553.2m / Total Liabilities 2.29b |
| Total Rating: 4.79 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 58.11
| 1. Piotroski 3.0pt = -2.0 |
| 2. FCF Yield 24.63% = 5.0 |
| 3. FCF Margin 59.22% = 7.50 |
| 4. Debt/Equity 0.67 = 2.28 |
| 5. Debt/Ebitda 5.09 = -2.50 |
| 6. ROIC - WACC -0.43% = -0.54 |
| 7. RoE 2.75% = 0.23 |
| 8. Rev. Trend 6.49% = 0.32 |
| 9. Rev. CAGR 3.23% = 0.40 |
| 10. EPS Trend -41.43% = -1.04 |
| 11. EPS CAGR -12.46% = -1.56 |
What is the price of BNL shares?
Over the past week, the price has changed by +0.82%, over one month by +10.41%, over three months by +17.34% and over the past year by +7.75%.
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 18.31 USD . This means that BNL is currently overvalued and has a potential downside of -0.81%.
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 | 19.6 | 6.2% |
| Analysts Target Price | 19.6 | 6.2% |
| ValueRay Target Price | 19.7 | 6.9% |
Last update: 2025-08-26 04:32
BNL Fundamental Data Overview
CCE Cash And Equivalents = 4.48b USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 35.0769
P/E Forward = 27.3973
P/S = 8.1478
P/B = 1.1868
Beta = 1.02
Revenue TTM = 442.2m USD
EBIT TTM = 217.0m USD
EBITDA TTM = 380.0m USD
Long Term Debt = 1.92b USD (from longTermDebt, last quarter)
Short Term Debt = 19.0m USD (from shortTermDebt, last quarter)
Debt = 1.94b USD (Calculated: Short Term 19.0m + Long Term 1.92b)
Net Debt = -20.8m USD (from netDebt column, last quarter)
Enterprise Value = 1.06b USD (3.60b + Debt 1.94b - CCE 4.48b)
Interest Coverage Ratio = 2.75 (Ebit TTM 217.0m / Interest Expense TTM 78.9m)
FCF Yield = 24.63% (FCF TTM 261.9m / Enterprise Value 1.06b)
FCF Margin = 59.22% (FCF TTM 261.9m / Revenue TTM 442.2m)
Net Margin = 18.41% (Net Income TTM 81.4m / Revenue TTM 442.2m)
Gross Margin = 84.88% ((Revenue TTM 442.2m - Cost of Revenue TTM 66.8m) / Revenue TTM)
Tobins Q-Ratio = -1.92 (set to none) (Enterprise Value 1.06b / Book Value Of Equity -553.2m)
Interest Expense / Debt = 1.09% (Interest Expense 21.1m / Debt 1.94b)
Taxrate = 0.69% (1.18m / 170.2m)
NOPAT = 215.5m (EBIT 217.0m * (1 - 0.69%))
Current Ratio = 13.90 (Total Current Assets 4.48b / Total Current Liabilities 322.3m)
Debt / Equity = 0.67 (Debt 1.94b / last Quarter total Stockholder Equity 2.91b)
Debt / EBITDA = 5.09 (Net Debt -20.8m / EBITDA 380.0m)
Debt / FCF = 7.39 (Debt 1.94b / FCF TTM 261.9m)
Total Stockholder Equity = 2.96b (last 4 quarters mean)
RoA = 1.53% (Net Income 81.4m, Total Assets 5.33b )
RoE = 2.75% (Net Income TTM 81.4m / Total Stockholder Equity 2.96b)
RoCE = 4.45% (Ebit 217.0m / (Equity 2.96b + L.T.Debt 1.92b))
RoIC = 4.35% (NOPAT 215.5m / Invested Capital 4.96b)
WACC = 4.78% (E(3.60b)/V(5.54b) * Re(6.77%)) + (D(1.94b)/V(5.54b) * Rd(1.09%) * (1-Tc(0.01)))
Shares Correlation 5-Years: 100.0 | Cagr: 3.43%
Discount Rate = 6.77% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 78.69% ; FCFE base≈258.5m ; Y1≈265.7m ; Y5≈297.8m
Fair Price DCF = 27.71 (DCF Value 5.24b / Shares Outstanding 189.1m; 5y FCF grow 2.74% → 3.0% )
Revenue Correlation: 6.49 | Revenue CAGR: 3.23%
Rev Growth-of-Growth: 3.65
EPS Correlation: -41.43 | EPS CAGR: -12.46%
EPS Growth-of-Growth: -38.86
Additional Sources for BNL Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle