Broadstone Net Lease Stock Today

BNL Stock  USD 17.04  0.01  0.06%   

Performance

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Odds Of Distress

Less than 6

 
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Broadstone Net is selling for 17.04 as of the 21st of November 2024. This is a 0.06 percent decrease since the beginning of the trading day. The stock's lowest day price was 16.82. Broadstone Net has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Broadstone Net Lease are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
17th of September 2020
Category
Real Estate
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. As of September 30, 2020, BNLs diversified portfolio consisted of 627 properties in 41 U.S. The company has 188.55 M outstanding shares of which 3.97 M shares are currently shorted by investors with about 4.18 days to cover. More on Broadstone Net Lease

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Broadstone Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorJohn JD
Thematic IdeaRentals (View all Themes)
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Karachi All Share, Rentals, Real Estate, Diversified REITs, REIT—Diversified, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01620.0295
Way Down
Slightly volatile
Asset Turnover0.06050.0841
Way Down
Slightly volatile
Gross Profit Margin0.760.949
Significantly Down
Very volatile
Net Debt1.7 B1.9 B
Moderately Down
Slightly volatile
Total Current Liabilities151.8 M110.1 M
Significantly Up
Slightly volatile
Non Current Liabilities Total1.7 BB
Fairly Down
Slightly volatile
Total Assets4.3 B5.3 B
Significantly Down
Slightly volatile
Total Current Assets159.1 M275.2 M
Way Down
Slightly volatile
Total Cash From Operating Activities160.9 M271.1 M
Way Down
Slightly volatile
Debt Levels
Broadstone Net can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Broadstone Net's financial leverage. It provides some insight into what part of Broadstone Net's total assets is financed by creditors.
Liquidity
Broadstone Net Lease has 1.91 B in debt with debt to equity (D/E) ratio of 0.62, which is OK given its current industry classification. Broadstone Net Lease has a current ratio of 2.18, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Broadstone to invest in growth at high rates of return.

Other Cashflows From Financing Activities

(10.56 Million)
Broadstone Net Lease (BNL) is traded on New York Stock Exchange in USA. It is located in 207 High Point Drive, Victor, NY, United States, 14564 and employs 74 people. Broadstone Net is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.36 B. Broadstone Net Lease runs under Diversified REITs sector within Real Estate industry. The entity has 188.55 M outstanding shares of which 3.97 M shares are currently shorted by investors with about 4.18 days to cover. Broadstone Net Lease has about 21.79 M in cash with 271.07 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check Broadstone Net Probability Of Bankruptcy
Ownership Allocation
Broadstone Net holds a total of 188.55 Million outstanding shares. The majority of Broadstone Net Lease outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Broadstone Net Lease to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Broadstone Net. Please pay attention to any change in the institutional holdings of Broadstone Net Lease as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Broadstone Ownership Details

Broadstone Stock Institutional Holders

InstituionRecorded OnShares
Norges Bank2024-06-30
2.3 M
Nuveen Asset Management, Llc2024-06-30
2.2 M
Northern Trust Corp2024-09-30
2.1 M
Morgan Stanley - Brokerage Accounts2024-06-30
M
Fuller & Thaler Asset Management Inc2024-09-30
M
Prudential Financial Inc2024-09-30
1.8 M
Bank Of New York Mellon Corp2024-06-30
1.8 M
Jpmorgan Chase & Co2024-06-30
1.7 M
New England Private Wealth Advisors, Llc2024-09-30
1.7 M
Vanguard Group Inc2024-09-30
27.5 M
Blackrock Inc2024-06-30
19.2 M
View Broadstone Net Diagnostics

Broadstone Net Historical Income Statement

At this time, Broadstone Net's Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 390.8 M this year, although the value of Depreciation And Amortization will most likely fall to about 131 M. View More Fundamentals

Broadstone Stock Against Markets

Broadstone Net Corporate Management

Denise BrooksWilliamsIndependent DirectorProfile
Andrea WrightSenior Vice President , Property ManagementProfile
Agha KhanDirectorProfile
James WattersIndependent DirectorProfile
Shekar NarasimhanIndependent DirectorProfile
Timothy DieffenbacherSenior Vice President Chief Accounting Officer, TreasurerProfile
Molly WiegelSenior Vice President of Human ResourcesProfile
When determining whether Broadstone Net Lease is a strong investment it is important to analyze Broadstone Net's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadstone Net's future performance. For an informed investment choice regarding Broadstone Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadstone Net Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadstone Net. If investors know Broadstone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadstone Net listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Dividend Share
1.15
Earnings Share
0.75
Revenue Per Share
2.268
Quarterly Revenue Growth
(0.01)
The market value of Broadstone Net Lease is measured differently than its book value, which is the value of Broadstone that is recorded on the company's balance sheet. Investors also form their own opinion of Broadstone Net's value that differs from its market value or its book value, called intrinsic value, which is Broadstone Net's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadstone Net's market value can be influenced by many factors that don't directly affect Broadstone Net's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadstone Net's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadstone Net is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadstone Net's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.