Broadstone Net Lease, Inc. | REIT Profile

CIK: BNL
CIK: 1424182
Exchange: NYSE
Founded: 2007 (17 years)
HQ: Rochester, NY, United States
Type of REIT: Equity REIT
Listing Status: Public, Non-Listed
Market Capitalization: Mid-Cap
REIT Sector: Industrial, Health Care, Office, Retail
Internally Managed REIT

See BNL on SEC.gov

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About Broadstone Net Lease, Inc.

Broadstone Net Lease, Inc. (NYSE: 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. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.


Broadstone Net Lease, Inc. Company Logo

Stock Chart

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 3 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Close Previous Close Volume Change $ Change % Market Cap PE Ratio 52W High 52W Low Ytd Change
$14.65 $14.72 $14.57 $14.69 $14.75 $14.75 651,525 -$0.10 -0.68% $2,759,660,846 18.50 $17.23 $13.20 -13.38%

Last update: 2024-04-12 12:56:29 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 6.2

Hightlights of Trading Day April 12, 2024


Open Price: $14.69
Closing Price: $14.67
Price Change: -0.08 (-0.542%)
Lowest Price: $14.565
Highest Price: $14.72
52-Week Low: $13.20
52-Week High: $17.23
52-Week Change: -1.68%
5 Day Price Change: -0.87%
1 Month Price Change: 1.64%
3 Month Price Change: -11.26%
6 Month Price Change: 2.49%
YTD Price Change: -12.71%
1 Year Price Change: -2.94%
2 Year Price Change: -21.93%
5 Year Price Change: -1.54%

Dividend of Trading Day April 12, 2024


Dividend Yield: 7.771%*
Annualized Dividend: $1.14*
Dividend Yield (TTM): 7.457%
Annualized Dividend (TTM): $1.0999
Ex-Dividend Date: 2024-03-27
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest REIT Press Releases


See more Press Releases for Broadstone Net Lease, Inc.

Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for BNL.

Year Quarter Type Amount Dividend Paid Payout Ratio
2023 Q4 AFFO $--- $--- ---%
2023 Q4 FFO $--- $--- ---%
2023 Q3 AFFO $--- $--- ---%
2023 Q3 FFO $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day April 12, 2024


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Properties Owned by BNL


BNL Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $17.50 per share you would have been able to buy 57 shares of BNL on 2023-04-13 costing $997.50 @ $17.50 per share you would have been able to buy 28 shares of BNL on 2023-04-13 costing $490.00 @ $17.50 per share you would have been able to buy 14 shares of BNL on 2023-04-13 costing $245.00 @ $17.50 per share you would have been able to buy 5 shares of BNL on 2023-04-13 costing $87.50 @ $17.50 per share you would have been able to buy 2 shares of BNL on 2023-04-13 costing $35.00
Current worth On 2024-04-12 these 57 shares would be worth $836.19 @ $14.67 On 2024-04-12 these 28 shares would be worth $410.76 @ $14.67 On 2024-04-12 these 14 shares would be worth $205.38 @ $14.67 On 2024-04-12 these 5 shares would be worth $73.35 @ $14.67 On 2024-04-12 these 2 shares would be worth $29.34 @ $14.67
Dividends earned $80.09 in dividends would have been earned since 2023-04-13 with 57 shares. $39 in dividends would have been earned since 2023-04-13 with 28 shares. $19.67 in dividends would have been earned since 2023-04-13 with 14 shares. $7.03 in dividends would have been earned since 2023-04-13 with 5 shares. $2.81 in dividends would have been earned since 2023-04-13 with 28 shares.
Net (gain / loss)* -81.23 USD -39.90 USD -19.95 USD -7.13 USD -2.85 USD
ROI** -8.14% -8.14% -8.14% -8.14% -8.14%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
--- --- --- --- --- --- ---

Financial Statements Overview


The next Earnings Report for BNL is 2024-05-01

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
*Login Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 7.5
*Login Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.6
*Login Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.2
Rating AFFO & Efficiency Section Avg. Rating
*Login AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 8.6
Rating Leverage Section Avg. Rating
Rating Asset & Revenue Section Avg. Rating
Rating Properties Section Avg. Rating
*Login Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.9
*Login Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 8.2
Rating Market Cap Section Avg. Rating
*Login Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 4.5
6.2 Overall REITRating™ Score (See trend) 6.3

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

Last updated: 2024-04-13 - v4.8