BNL:NYE-Broadstone Net Lease, Inc (USD)

COMMON STOCK | REIT-Diversified | NYE

Last Closing Price

USD 18.57

Change

-0.04 (-0.21)%

Market Cap

USD 2.73B

Volume

0.51M

Average Target Price

USD 20.50 (+10.39%)
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)

Compare
Relative Returns (From:    To: 2021-04-09 )

Largest Industry Peers for REIT-Diversified

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

-0.43 (-1.48%)

USD15.64B 16.64 18.37
WPC W. P. Carey Inc

-0.37 (-0.52%)

USD12.53B 27.28 16.52
MGP MGM Growth Properties LLC

-0.60 (-1.72%)

USD10.55B 59.46 22.71
VER-PF VEREIT, Inc

-0.07 (-0.26%)

USD9.52B 35.35 N/A
VER VEREIT, Inc

-0.25 (-0.62%)

USD9.30B 56.50 15.81
STOR STORE Capital Corporation

-0.22 (-0.64%)

USD9.15B 40.93 20.56
PSB-PY PS Business Parks, Inc

+0.08 (+0.30%)

USD6.60B 5.91 N/A
PSB-PX PS Business Parks, Inc

+0.18 (+0.67%)

USD6.47B 5.89 N/A
PSB-PW PS Business Parks, Inc

N/A

USD6.35B 5.73 N/A
SRC Spirit Realty Capital, Inc

-0.13 (-0.30%)

USD5.05B 293.33 22.54

ETFs Containing BNL

Symbol Name Weight Mer Price(Change) Market Cap

N/A

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 -5.16% 2% F 13% F
Dividend Return 1.28% 42% F 66% D
Total Return -3.88% 5% F 14% F
Trailing 12 Months  
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
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 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
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 2.73B 44% F 64% D
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 26.39 68% D+ 31% F
Price/Book Ratio 1.17 88% B+ 69% D+
Price / Cash Flow Ratio 15.28 71% C- 31% F
EV/EBITDA 15.80 75% C 46% F
Management Effectiveness  
Return on Equity 2.64% 56% F 42% F
Return on Invested Capital 3.61% 85% B 47% F
Return on Assets 2.36% 73% C 56% F
Debt to Equity Ratio 67.03% 89% B+ 53% F
Technical Ratios  
Short Ratio 5.78 21% F 9% F
Short Percent 5.77% 30% F 42% 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 Rating

Target Price Action Rating Action Analyst Rating Price Date

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 capital utilization

The company management has delivered better return on invested capital 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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow 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 Revenue Growth

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

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

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.