Broadstone Net Lease (NYSE:BNL) Releases FY 2026 Earnings Guidance

Broadstone Net Lease (NYSE:BNL) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 1.530-1.570 for the period, compared to the consensus EPS estimate of 1.020. The company issued revenue guidance of -.

Broadstone Net Lease Trading Up 0.1%

BNL stock opened at $17.57 on Monday. Broadstone Net Lease has a twelve month low of $13.96 and a twelve month high of $18.87. The company has a market capitalization of $3.32 billion, a P/E ratio of 37.38 and a beta of 1.00. The firm has a 50 day simple moving average of $18.23 and a 200-day simple moving average of $17.25.

Broadstone Net Lease (NYSE:BNL) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.23). Broadstone Net Lease had a net margin of 20.04% and a return on equity of 2.91%. The company had revenue of $114.17 million during the quarter, compared to analyst estimates of $111.89 million. Broadstone Net Lease has set its FY 2025 guidance at 1.490-1.500 EPS. On average, research analysts predict that Broadstone Net Lease will post 1.43 EPS for the current year.

Broadstone Net Lease Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.16 annualized dividend and a dividend yield of 6.6%. Broadstone Net Lease’s dividend payout ratio (DPR) is presently 246.81%.

Analysts Set New Price Targets

Several brokerages recently weighed in on BNL. Weiss Ratings reissued a “hold (c+)” rating on shares of Broadstone Net Lease in a report on Wednesday, October 8th. The Goldman Sachs Group upgraded Broadstone Net Lease from a “sell” rating to a “buy” rating and set a $21.00 price target for the company in a report on Thursday, August 21st. JMP Securities reissued a “market outperform” rating and set a $21.00 price target on shares of Broadstone Net Lease in a research report on Monday, September 29th. BTIG Research reaffirmed a “buy” rating and issued a $22.00 price objective on shares of Broadstone Net Lease in a report on Wednesday, October 1st. Finally, Wall Street Zen raised shares of Broadstone Net Lease from a “sell” rating to a “hold” rating in a report on Sunday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $20.11.

Institutional Investors Weigh In On Broadstone Net Lease

A number of hedge funds have recently added to or reduced their stakes in the stock. State Street Corp increased its holdings in shares of Broadstone Net Lease by 2.2% in the 2nd quarter. State Street Corp now owns 8,388,518 shares of the company’s stock worth $136,998,000 after acquiring an additional 178,186 shares during the period. Alliancebernstein L.P. grew its position in Broadstone Net Lease by 2.7% in the 2nd quarter. Alliancebernstein L.P. now owns 4,791,006 shares of the company’s stock worth $76,896,000 after purchasing an additional 124,589 shares during the last quarter. Balyasny Asset Management L.P. increased its stake in shares of Broadstone Net Lease by 213.2% in the second quarter. Balyasny Asset Management L.P. now owns 4,335,166 shares of the company’s stock valued at $69,579,000 after purchasing an additional 2,951,207 shares during the period. Bank of America Corp DE raised its holdings in shares of Broadstone Net Lease by 38.5% during the third quarter. Bank of America Corp DE now owns 2,471,224 shares of the company’s stock valued at $44,161,000 after buying an additional 686,938 shares during the last quarter. Finally, Boston Partners boosted its position in shares of Broadstone Net Lease by 3.0% during the third quarter. Boston Partners now owns 2,140,931 shares of the company’s stock worth $38,258,000 after buying an additional 61,680 shares during the period. 89.07% of the stock is currently owned by institutional investors.

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.