Broadstone Net Lease (NYSE:BNL) Issues FY 2025 Earnings Guidance

Broadstone Net Lease (NYSE:BNL) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.450-1.490 for the period, compared to the consensus estimate of 1.530. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of research analysts have commented on the company. JMP Securities raised Broadstone Net Lease from a “market perform” rating to an “outperform” rating and set a $21.00 price objective on the stock in a report on Tuesday, December 17th. UBS Group began coverage on Broadstone Net Lease in a research report on Thursday, November 14th. They set a “neutral” rating and a $18.00 target price for the company. Finally, Citizens Jmp upgraded Broadstone Net Lease from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Broadstone Net Lease presently has an average rating of “Hold” and an average price target of $18.60.

Broadstone Net Lease Stock Up 0.9 %

Broadstone Net Lease stock traded up $0.14 during trading hours on Thursday, hitting $15.69. The stock had a trading volume of 295,100 shares, compared to its average volume of 1,020,130. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 20.64 and a beta of 1.11. The business’s 50 day simple moving average is $15.84 and its 200-day simple moving average is $17.18. Broadstone Net Lease has a one year low of $14.20 and a one year high of $19.15.

Broadstone Net Lease (NYSE:BNL) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.16. The company had revenue of $112.13 million during the quarter, compared to analysts’ expectations of $109.80 million. Broadstone Net Lease had a return on equity of 4.47% and a net margin of 33.56%. Research analysts anticipate that Broadstone Net Lease will post 1.39 EPS for the current fiscal year.

About Broadstone Net Lease

Broadstone Net Lease, Inc (the Corporation) is a Maryland corporation formed on October 18, 2007, that elected to be taxed as a real estate investment trust (REIT) commencing with the taxable year ended December 31, 2008. Broadstone Net Lease, LLC (the Corporation’s operating company, or the OP), is the entity through which the Corporation conducts its business and owns (either directly or through subsidiaries) all of the Corporation’s properties.