Broadstone Net Lease, Inc.BNL

$20.58+0.20 (+0.98%)
NYSEReal Estate24:00 UTC

Company snapshot

Market Cap
$4B
Mid-cap
+71%
2020 — today
10-Year Price
+22%
2020 — today
52-Week Range
$15.75$21.08
Current $20.58· 91%

Broadstone Net Lease, Inc. (BNL) operates as a self-managed Real Estate Investment Trust. Its strategy focuses on acquiring, owning, and overseeing primarily single-tenant commercial properties that are subject to long-term net leases with a varied tenant base. The company's investment approach is anchored by robust fundamental credit evaluations and judicious real estate underwriting. As of September 30, 2020, BNL's diverse portfolio comprised 627 properties. Geographically, these holdings span 41 U.S. states and one location in Canada, encompassing sectors such as industrial, healthcare, restaurant, office, and retail, with a cumulative gross asset value of approximately $4.0 billion.

Valuation in context

P/E ratio
32.2
Around average
Around the 10-year average
P/B ratio
1.4
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
16.7
Above average
Pricier than usual over the last 10 years
Dividend Yield
5.7%
Below average
Below the 10-year average
PEG ratio
4.4
Near historic high
Near historic highs — last 10 years
FCF Yield
7.0%
Below average
Below the 10-year average
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