Broadstone Net Lease Inc. (BNL): Price and Financial Metrics Recent IPO


Broadstone Net Lease Inc. (BNL): $18.24

-0.08 (-0.44%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

BNL Stock Price Chart Interactive Chart >

Price chart for BNL

BNL Price/Volume Stats

Current price $18.24 52-week high $19.99
Prev. close $18.32 52-week low $15.90
Day low $18.09 Volume 437,800
Day high $18.40 Avg. volume 298,431
50-day MA $18.71 Dividend yield 5.46%
200-day MA $0.00 Market Cap 1.97B

Broadstone Net Lease Inc. (BNL) Company Bio


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. BNL utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of June 30, 2020, BNL's diversified portfolio consisted of 632 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.

BNL Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$18.24$0 -100%

Below please find a table outlining a discounted cash flow forecast for BNL, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Broadstone Net Lease Inc ranked in the 0th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Broadstone Net Lease Inc ended up being:

  • Its compound free cash flow growth rate, as measured over the past 0.31 years, is -0.82% -- higher than only 0.61% of stocks in our DCF forecasting set.
  • The business' balance sheet reveals debt to be 39% of the company's capital (with equity being the remaining amount). Approximately 73.29% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
  • As a business, Broadstone Net Lease Inc experienced a tax rate of about 1% over the past twelve months; relative to its sector (Real Estate), this tax rate is higher than 64.6% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-100%
1%-100%
2%-100%
3%-100%
4%-100%
5%-100%

For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as BNL, try CLDT, COR, ELS, HGSH, and ILPT.


BNL Latest News Stream


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Latest BNL News From Around the Web

Below are the latest news stories about Broadstone Net Lease Inc that investors may wish to consider to help them evaluate BNL as an investment opportunity.

Broadstone Net Lease, Inc (BNL) CEO Chris Czarnecki on Q4 2020 Results - Earnings Call Transcript

Broadstone Net Lease, Inc (BNL) Q4 2020 Earnings Conference Call February 25, 2021 13:00 ET Company Participants Kevin Fennell - Senior Vice President, Capital Markets Chris Czarnecki - Chief Executive Officer Ryan Albano - Chief Financial Officer Conference Call Participants Caitlin Burrows - Goldman Sachs Anthony Paolone - JPMorgan John...

SA Transcripts on Seeking Alpha | February 28, 2021

Broadstone Net Lease Announces Fourth Quarter and Full Year 2020 Results

ROCHESTER, N.Y., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (NYSE: BNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announced its operating results for the quarter and year ended December 31, 2020. FOURTH QUARTER 2020 HIGHLIGHTS Invested $100.3 million in 19 properties at a weighted average initial cash cap rate of 6.9%.Collected 98.8% of base rents due for the fourth quarter, and 99.8% and 99.7% of base rent due in January 2021 and February 2021, respectively.Generated net income of $17.6 million, or $0.11 per share.Ended the quarter with total outstanding debt of $1.5 billion, Net Debt of $1.4 billion, a Net Debt to Annualized Adjusted EBITDAre ratio of 5.15x.Received initial credit rating of ‘BBB’ with stab...

Yahoo | February 24, 2021

Broadstone Net Lease, Inc. Schedules Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

ROCHESTER, N.Y., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced that it will release its financial and operating results for the quarter and full year ended December 31, 2020 after the market closes on Wednesday, February 24, 2021. The Company will host its earnings conference call and audio webcast on Thursday, February 25, 2021, at 1:00 p.m. Eastern Time. Conference Call and Webcast Details To access the live webcast, which will be available in listen-only mode, please visit: https://services.choruscall.com/links/bnl210225.html. If you prefer to listen via phone, please dial: 1-888-349-0109 and request to join the Broadstone Net Lease, Inc. call. International callers may dial 1-412-542-4109, and Canadian participants ...

Yahoo | January 28, 2021

Broadstone Net Lease, Inc. Announces Tax Treatment of 2020 Dividends

ROCHESTER, N.Y., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (NYSE: BNL), an internally-managed real estate investment trust (“BNL” or the “Company”), today announced the income tax allocation of 2020 common stock dividends, as shown in the table below. Stockholders are encouraged to consult with their own tax advisors regarding their specific tax treatment of any BNL dividends received. Common Stock – CUSIP number 11135E203 FORM 1099-DIVBox 1aBox 1bBox 2aBox 2bBox 3Box 5Record DatePayment DateDistribution Per Share (1)Ordinary DividendsQualified DividendsCapital Gain Distributions (2)Unrecaptured Section 1250Gain (3)Nondividend Distributions (4)Section 199A Dividends12/30/201901/15/2020$0.110$0.09833031$0.00334900$0.00715261$0.00619370$0.00451708$0.0949813101/30/202002...

Yahoo | January 26, 2021

3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’

Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than 1% to more than 10%, but the average, among stocks listed on the S&P 500, is about 2%. Dividends are a nice addition for a patient investor, as they provide a steady income stream.

Michael Marcus on TipRanks | January 24, 2021

Read More 'BNL' Stories Here

BNL Price Returns

1-mo -0.33%
3-mo 0.74%
6-mo N/A
1-year N/A
3-year N/A
5-year N/A
YTD -6.84%
2020 N/A
2019 N/A
2018 N/A
2017 N/A
2016 N/A

BNL Dividends

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