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

Broadstone Net Lease (NYSE:BNL) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.530-1.57 for the period, compared to the consensus EPS estimate of 1.010. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BNL. Cantor Fitzgerald set a $20.00 target price on shares of Broadstone Net Lease in a research report on Monday, January 5th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Broadstone Net Lease in a report on Thursday, December 4th. Wall Street Zen upgraded Broadstone Net Lease from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. BTIG Research lowered their target price on Broadstone Net Lease from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, December 5th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Broadstone Net Lease in a research note on Wednesday, January 21st. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Broadstone Net Lease has an average rating of “Moderate Buy” and a consensus price target of $19.80.

Broadstone Net Lease Stock Down 4.6%

NYSE:BNL opened at $18.62 on Friday. Broadstone Net Lease has a 12-month low of $13.96 and a 12-month high of $19.91. The firm has a market capitalization of $3.52 billion, a P/E ratio of 37.24 and a beta of 1.00. The stock’s fifty day simple moving average is $18.32 and its 200-day simple moving average is $18.12.

Broadstone Net Lease (NYSE:BNL) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. Broadstone Net Lease had a return on equity of 3.17% and a net margin of 21.25%.The business had revenue of $118.30 million during the quarter, compared to the consensus estimate of $116.35 million. Broadstone Net Lease has set its FY 2026 guidance at 1.530-1.57 EPS. As a group, equities research analysts expect that Broadstone Net Lease will post 1.43 earnings per share for the current year.

Broadstone Net Lease Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.2925 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $1.17 dividend on an annualized basis and a dividend yield of 6.3%. This is a positive change from Broadstone Net Lease’s previous quarterly dividend of $0.29. Broadstone Net Lease’s dividend payout ratio is 246.81%.

Institutional Investors Weigh In On Broadstone Net Lease

Hedge funds have recently bought and sold shares of the company. CIBC Bancorp USA Inc. bought a new position in Broadstone Net Lease in the third quarter valued at approximately $362,000. Quantinno Capital Management LP boosted its stake in Broadstone Net Lease by 51.5% in the 2nd quarter. Quantinno Capital Management LP now owns 20,374 shares of the company’s stock worth $327,000 after purchasing an additional 6,929 shares during the period. Polymer Capital Management US LLC bought a new position in Broadstone Net Lease during the 4th quarter worth about $326,000. BNP Paribas Financial Markets raised its stake in shares of Broadstone Net Lease by 71.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 19,408 shares of the company’s stock valued at $311,000 after purchasing an additional 8,069 shares during the period. Finally, FJ Capital Management LLC raised its stake in shares of Broadstone Net Lease by 16.2% in the 3rd quarter. FJ Capital Management LLC now owns 14,817 shares of the company’s stock valued at $265,000 after purchasing an additional 2,063 shares during the period. 89.07% of the stock is currently owned by institutional investors and hedge funds.

About Broadstone Net Lease

Broadstone Net Lease, Inc (NYSE: BNL) is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.

Broadstone Net Lease’s portfolio spans a variety of property types, including industrial facilities, distribution centers, manufacturing plants, life science and office buildings, and essential retail locations.