Wall Street analyst estimates for Broadstone Net Lease, Inc. (BNL): consensus price target and buy/hold/sell recommendations.
Broadstone Net Lease, Inc. (BNL) operates as a self-managed Real Estate Investment Trust. Its strategy focuses on acquiring, owning, and overseeing primarily single-tenant commercial properties that are subject to long-term net leases with a varied tenant base. The company's investment approach is anchored by robust fundamental credit evaluations and judicious real estate underwriting. As of September 30, 2020, BNL's diverse portfolio comprised 627 properties.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 10 |
| Hold | 3 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 13 |
| Avg rating (−2 sell to +2 buy) | 0.77 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-02-17 | $0.17 | ||
| 2026-10-28 | $0.14 | $0.16 | -13.4% |
| 2026-07-29 | $0.21 | $0.19 | +9.7% |
| 2026-04-29 | $0.24 | $0.18 | +33.9% |
| 2026-02-18 | $0.17 | $0.17 | -1.5% |
| 2025-10-29 | $0.14 | $0.37 | -62.2% |
| 2025-07-30 | $0.10 | $0.37 | -73.0% |
| 2025-04-30 | $0.09 | $0.36 | -75.0% |
Valuation Ratios
| P/E Ratio | 23.11 |
| Price / Book | 1.14 |
| EV / EBITDA | 14.06 |
| Dividend Yield | 6.83% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $142.9M | $181.6M | $237.5M | $298.8M | $323.7M | $383.2M | $408.9M | $448.1M | $438.8M | $459.1M |
| Cost of Revenue | $100.5M | $136.0M | $185.7M | $241.9M | $284.1M | $282.7M | $331.4M | $339.8M | $337.1M | $351.1M |
| Gross Profit | $42.4M | $45.5M | $51.8M | $56.9M | $39.6M | $100.6M | $77.6M | $108.3M | $101.7M | $108.0M |
| Research & Development | $0 | $0 | $0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | -$21.2M | -$41.9M | -$58.8M | -$81.5M | -$100.2M | -$95.4M | -$116.0M | -$114.0M | -$111.2M | -$120.2M |
| Operating Income | $63.6M | $87.5M | $110.6M | $138.4M | $139.8M | $196.0M | $193.6M | $222.3M | $212.9M | $228.2M |
| EBITDA | $113.8M | $149.8M | $208.8M | $264.3M | $252.3M | $293.7M | $349.3M | $430.1M | $418.6M | $372.7M |
| Interest Expense | $30.0M | $34.8M | $52.9M | $72.5M | $76.1M | $64.1M | $78.7M | $80.1M | $74.1M | $94.5M |
| Pre-tax Income | $40.3M | $59.6M | $75.1M | $87.5M | $57.2M | $116.8M | $125.1M | $165.8M | $164.0M | $107.0M |
| Income Tax | 0 | 0 | 0 | $2.4M | $939,000 | $1.6M | $1.3M | $763,000 | $1.2M | $1.2M |
| Net Income | $36.4M | $54.8M | $69.4M | $79.4M | $51.2M | $102.5M | $116.4M | $157.2M | $156.2M | $102.9M |
| EPS | $0.26 | $0.41 | $0.45 | $0.56 | $0.44 | $0.67 | $0.72 | $0.87 | $0.86 | $0.51 |
| EPS (Diluted) | $0.26 | $0.37 | $0.45 | $0.52 | $0.44 | $0.67 | $0.72 | $0.83 | $0.86 | $0.50 |
| Shares Outstanding (Diluted) | 153.1 M | 146.1 M | 153.1 M | 153.1 M | 128.8 M | 164.0 M | 180.2 M | 196.3 M | 196.6 M | 197.6 M |
Price
| Price | $17.10 (closing price, October 30, 2026) |
| Market Cap | $3.3B |
| Exchange | NYSE |
| Country | US |
Related companies: PSA · VNO · NHI · SKT · JOE · RYN
Explore sector: Real Estate · REIT - Diversified
More sections of BNL: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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