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

Broadstone Net Lease (NYSE:BNL) updated its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.550-1.570 for the period, compared to the consensus earnings per share estimate of 1.520. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several research firms have commented on BNL. Citizens Jmp downgraded Broadstone Net Lease from an “outperform” rating to a “market perform” rating in a research report on Friday, June 12th. Citigroup cut shares of Broadstone Net Lease from a “market perform” rating to a “market perform” rating in a research report on Friday, June 12th. Weiss Ratings upgraded Broadstone Net Lease from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. BTIG Research increased their price target on Broadstone Net Lease from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Finally, Truist Financial set a $22.00 price objective on shares of Broadstone Net Lease in a research report on Monday, June 8th. Seven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.00.

Broadstone Net Lease Stock Down 3.1%

Shares of BNL traded down $0.68 during trading hours on Thursday, reaching $21.47. 2,182,104 shares of the company traded hands, compared to its average volume of 2,159,690. The company has a market capitalization of $4.11 billion, a price-to-earnings ratio of 33.02 and a beta of 0.94. The company’s fifty day moving average price is $21.22 and its two-hundred day moving average price is $19.94. Broadstone Net Lease has a 12 month low of $16.05 and a 12 month high of $23.10.

Broadstone Net Lease (NYSE:BNL) last released its earnings results on Wednesday, July 29th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.19 by $0.20. The business had revenue of $122.31 million for the quarter, compared to the consensus estimate of $121.63 million. Broadstone Net Lease had a return on equity of 4.17% and a net margin of 27.01%.Broadstone Net Lease has set its FY 2026 guidance at 1.550-1.570 EPS. On average, analysts expect that Broadstone Net Lease will post 1.52 EPS for the current year.

Broadstone Net Lease Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.2925 dividend. This represents a $1.17 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Wednesday, September 30th. Broadstone Net Lease’s payout ratio is 180.00%.

Institutional Trading of Broadstone Net Lease

Several institutional investors and hedge funds have recently made changes to their positions in the business. CIBC Private Wealth Group LLC raised its position in Broadstone Net Lease by 42.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,000 shares of the company’s stock valued at $35,000 after purchasing an additional 600 shares in the last quarter. Advisory Services Network LLC purchased a new position in Broadstone Net Lease in the third quarter valued at about $61,000. EverSource Wealth Advisors LLC increased its position in shares of Broadstone Net Lease by 80.9% during the second quarter. EverSource Wealth Advisors LLC now owns 4,261 shares of the company’s stock worth $68,000 after purchasing an additional 1,906 shares in the last quarter. State of Wyoming purchased a new stake in Broadstone Net Lease in the fourth quarter valued at about $134,000. Finally, FJ Capital Management LLC boosted its stake in Broadstone Net Lease by 8.2% in the 2nd quarter. FJ Capital Management LLC now owns 12,754 shares of the company’s stock worth $205,000 after purchasing an additional 965 shares in the last quarter. 89.07% of the stock is currently owned by institutional investors.

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.