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

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BNL Price/Volume Stats

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

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. Our DCF analysis suggests the stock is overvalued by about 100%. As for the metrics that stood out in our discounted cash flow analysis of Broadstone Net Lease Inc, consider:

• The company's compound free cash flow growth rate over the past 0.31 years comes in at -0.82%; that's greater than merely 0.82% of US stocks we're applying DCF forecasting to.
• The business' balance sheet suggests that 37% of the company's capital is sourced from debt; this is greater than 73.87% of the free cash flow producing stocks we're observing.
• 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 64.55% of stocks generating free cash flow.

For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as BNL, try AEI, HGSH, KRG, MLP, and SLG.