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 -.

Analysts Set New Price Targets

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

Broadstone Net Lease Price Performance

Broadstone Net Lease stock traded down $0.40 during trading on Thursday, reaching $19.12. 576,903 shares of the company were exchanged, compared to its average volume of 1,703,329. The stock’s 50 day simple moving average is $18.30 and its two-hundred day simple moving average is $18.12. The company has a market capitalization of $3.62 billion, a P/E ratio of 40.86 and a beta of 1.00. Broadstone Net Lease has a 52-week low of $13.96 and a 52-week high of $19.91.

Broadstone Net Lease (NYSE:BNL) last issued its earnings results on Wednesday, February 18th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.01. Broadstone Net Lease had a return on equity of 2.93% and a net margin of 20.04%.The business had revenue of $118.29 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 analysts forecast that Broadstone Net Lease will post 1.43 earnings per share for the current year.

Broadstone Net Lease Increases Dividend

The firm also recently disclosed 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 is a positive change from Broadstone Net Lease’s previous quarterly dividend of $0.29. This represents a $1.17 annualized dividend and a yield of 6.1%. Broadstone Net Lease’s dividend payout ratio (DPR) is currently 246.81%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC increased its position in shares of Broadstone Net Lease by 42.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,000 shares of the company’s stock valued at $35,000 after acquiring an additional 600 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Broadstone Net Lease in the 3rd quarter valued at approximately $61,000. EverSource Wealth Advisors LLC raised its position in Broadstone Net Lease by 80.9% in the second quarter. EverSource Wealth Advisors LLC now owns 4,261 shares of the company’s stock valued at $68,000 after purchasing an additional 1,906 shares during the period. State of Wyoming acquired a new position in Broadstone Net Lease during the fourth quarter worth $134,000. Finally, EP Wealth Advisors LLC purchased a new position in shares of Broadstone Net Lease during the fourth quarter worth $209,000. Institutional investors and hedge funds own 89.07% of the company’s stock.

Broadstone Net Lease Company Profile

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.