Broadstone Net Lease (NYSE:BNL) Releases FY 2025 Earnings Guidance

Broadstone Net Lease (NYSE:BNL) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.450-1.490 for the period, compared to the consensus EPS estimate of 1.530. The company issued revenue guidance of -.

Broadstone Net Lease Stock Up 0.1 %

NYSE BNL traded up $0.02 during trading hours on Friday, hitting $16.05. The company’s stock had a trading volume of 226,242 shares, compared to its average volume of 1,030,250. Broadstone Net Lease has a twelve month low of $14.20 and a twelve month high of $19.15. The firm has a market capitalization of $3.03 billion, a P/E ratio of 18.45 and a beta of 1.11. The stock has a fifty day moving average of $15.82 and a 200 day moving average of $17.17.

Broadstone Net Lease (NYSE:BNL) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.16. Broadstone Net Lease had a return on equity of 5.10% and a net margin of 37.62%. The company had revenue of $112.13 million for the quarter, compared to the consensus estimate of $109.80 million. On average, analysts predict that Broadstone Net Lease will post 1.43 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 Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.29 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.23%. Broadstone Net Lease’s dividend payout ratio (DPR) is presently 133.33%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. UBS Group assumed coverage on shares of Broadstone Net Lease in a research report on Thursday, November 14th. They set a “neutral” rating and a $18.00 price target on the stock. Citizens Jmp upgraded Broadstone Net Lease from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 17th. Finally, JMP Securities raised shares of Broadstone Net Lease from a “market perform” rating to an “outperform” rating and set a $21.00 price target on the stock in a research note on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $18.60.

Broadstone Net Lease Company Profile

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.