BNL:NYE-Broadstone Net Lease Inc (USD)

COMMON STOCK | REIT-Diversified | NYE

Last Closing Price

USD 26.26

Change

-0.15 (-0.57)%

Market Cap

USD 4.21B

Volume

0.40M

Avg Analyst Target

USD 25.00 (-4.80%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2021-10-27 )

Largest Industry Peers for REIT-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
VICI VICI Properties Inc

-0.44 (-1.46%)

USD18.98B 13.07 16.25
WPC W. P. Carey Inc

-0.20 (-0.25%)

USD14.66B 31.31 17.40
VER VEREIT Inc

-0.53 (-1.02%)

USD11.90B 51.85 17.61
STOR STORE Capital Corporation

-0.30 (-0.86%)

USD9.46B 40.67 20.67
VER-PF VEREIT Inc

N/A

USD9.36B 24.94 N/A
PSB-PY PS Business Parks Inc

-0.04 (-0.16%)

USD6.45B 5.51 N/A
PSB-PX PS Business Parks Inc

-0.08 (-0.31%)

USD6.39B 5.55 N/A
MGP MGM Growth Properties LLC

-0.51 (-1.26%)

USD6.37B 20.19 11.99
PSB-PW PS Business Parks Inc

-0.01 (-0.04%)

USD6.16B 5.30 N/A
SRC Spirit Realty Capital Inc

-0.31 (-0.63%)

USD5.80B 60.30 19.11

ETFs Containing BNL

Symbol Name Weight Mer Price(Change) Market Cap
ROOF IQ U.S. Real Estate Small.. 0.00 % 0.70 %

-0.25 (-0.92%)

USD0.06B
PPTY PPTY ? U.S. Diversified R.. 0.00 % 0.49 %

-0.23 (-0.62%)

USD0.14B
NETL Fundamental Income Net Le.. 0.00 % 0.60 %

-0.47 (-1.46%)

USD0.10B

Market Performance

  Market Performance vs.
Industry/Classification (REIT-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 34.12% 76% C 81% B-
Dividend Return 3.88% 56% F 70% C-
Total Return 38.00% 76% C 82% B-
Trailing 12 Months  
Capital Gain 60.22% 62% D- 76% C
Dividend Return 6.16% 62% D- 75% C
Total Return 66.38% 62% D- 78% C+
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 3.82% 63% D 43% F
Dividend Return 0.35% 3% F 8% F
Total Return 4.17% 43% F 31% F
Risk Return Profile  
Volatility (Standard Deviation) 18.27% 71% C- 62% D-
Risk Adjusted Return 22.85% 37% F 28% F
Market Capitalization 4.21B 73% C 70% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 53.30 35% F 14% F
Price/Book Ratio 1.63 89% B+ 57% F
Price / Cash Flow Ratio 23.50 30% F 19% F
EV/EBITDA 21.01 35% F 27% F
Management Effectiveness  
Return on Equity 3.22% 50% F 34% F
Return on Invested Capital 3.48% 68% D+ 46% F
Return on Assets 2.47% 75% C 49% F
Debt to Equity Ratio 62.17% 95% A 55% F
Technical Ratios  
Short Ratio 5.35 27% F 16% F
Short Percent 2.96% 52% F 53% F
Beta N/A N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.