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

Broadstone Net Lease (NYSE:BNL) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.530-1.570 for the period, compared to the consensus earnings per share estimate of 1.510. The company issued revenue guidance of -.

Broadstone Net Lease Trading Down 0.7%

Shares of Broadstone Net Lease stock traded down $0.13 during midday trading on Thursday, reaching $19.80. The company had a trading volume of 4,199,174 shares, compared to its average volume of 4,099,726. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 30.46 and a beta of 0.99. The stock has a fifty day simple moving average of $19.32 and a 200 day simple moving average of $18.59. Broadstone Net Lease has a 1-year low of $15.28 and a 1-year high of $20.48.

Broadstone Net Lease (NYSE:BNL) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. The business had revenue of $121.40 million during the quarter, compared to analyst estimates of $118.23 million. Broadstone Net Lease had a net margin of 27.01% and a return on equity of 4.17%. Broadstone Net Lease has set its FY 2026 guidance at 1.530-1.570 EPS. Sell-side analysts expect that Broadstone Net Lease will post 1.51 earnings per share for the current year.

Broadstone Net Lease Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.2925 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 5.9%. Broadstone Net Lease’s dividend payout ratio (DPR) is currently 234.00%.

Wall Street Analysts Forecast Growth

BNL has been the subject of a number of analyst reports. Weiss Ratings raised shares of Broadstone Net Lease from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 6th. Wall Street Zen raised shares of Broadstone Net Lease from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Cantor Fitzgerald boosted their price objective on shares of Broadstone Net Lease from $20.00 to $21.00 and gave the company an “overweight” rating in a research report on Tuesday, February 24th. Finally, UBS Group boosted their price target on shares of Broadstone Net Lease from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Monday, March 9th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $20.22.

Key Broadstone Net Lease News

Here are the key news stories impacting Broadstone Net Lease this week:

• Positive Sentiment: Q1 GAAP EPS $0.24 beat consensus $0.18 and revenue was $121.4M vs. $118.2M — evidence of operational strength and upside to reported earnings. Earnings Release
• Positive Sentiment: The company raised FY?2026 EPS guidance to $1.530–1.570 vs. the street at ~1.510, signalling modestly better forward profitability expectations. Guidance / Press Release
• Positive Sentiment: Declared a quarterly dividend of $0.2925 (annualized yield ~5.9%), attractive to income investors and supportive of the REIT’s shareholder return profile.
• Positive Sentiment: Added $30M to its committed build?to?suit development pipeline, supporting future rental growth and portfolio expansion. BusinessWire: Pipeline Addition
• Neutral Sentiment: FFO per share of $0.38 was in line with consensus (up from $0.36 a year ago), which is steady but may have tempered enthusiasm among REIT-focused investors who watch FFO closely. Zacks: FFO Report

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Invesco Ltd. grew its stake in Broadstone Net Lease by 391.1% in the 4th quarter. Invesco Ltd. now owns 4,565,429 shares of the company’s stock valued at $79,302,000 after buying an additional 3,635,809 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Broadstone Net Lease during the 4th quarter worth approximately $209,000. NewEdge Advisors LLC acquired a new position in shares of Broadstone Net Lease during the 4th quarter worth approximately $414,000. XTX Topco Ltd bought a new stake in shares of Broadstone Net Lease during the 4th quarter worth approximately $2,230,000. Finally, VARCOV Co. bought a new stake in shares of Broadstone Net Lease during the 4th quarter worth approximately $728,000. 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.