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

Broadstone Net Lease (NYSE:BNL) updated its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.550-1.570 for the period, compared to the consensus estimate of 1.510.

Broadstone Net Lease Price Performance

Shares of Broadstone Net Lease stock opened at $17.12 on Friday. Broadstone Net Lease has a 1-year low of $16.70 and a 1-year high of $23.10. The company’s fifty day simple moving average is $19.14 and its 200-day simple moving average is $19.85. The stock has a market capitalization of $3.29 billion, a PE ratio of 22.53 and a beta of 0.91.

Broadstone Net Lease (NYSE:BNL) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.02). Broadstone Net Lease had a net margin of 30.26% and a return on equity of 4.86%. The firm had revenue of $121.87 million for the quarter, compared to the consensus estimate of $122.19 million. As a group, research analysts anticipate that Broadstone Net Lease will post 1.51 EPS for the current year.

Broadstone Net Lease Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 31st will be issued a $0.2950 dividend. This is a boost from Broadstone Net Lease’s previous quarterly dividend of $0.2925. The ex-dividend date is Thursday, December 31st. This represents a $1.18 dividend on an annualized basis and a dividend yield of 6.9%. Broadstone Net Lease’s payout ratio is presently 153.95%.

Wall Street Analyst Weigh In

BNL has been the topic of a number of recent analyst reports. Cantor Fitzgerald reduced their target price on Broadstone Net Lease from $24.00 to $21.00 and set an “overweight” rating on the stock in a research note on Friday. KeyCorp reissued an “overweight” rating on shares of Broadstone Net Lease in a research report on Tuesday, September 15th. Truist Financial upgraded Broadstone Net Lease from a “hold” rating to a “buy” rating and cut their price target for the company from $22.00 to $21.00 in a research note on Thursday, October 1st. BMO Capital Markets lifted their price objective on Broadstone Net Lease from $24.00 to $26.00 and gave the company an “outperform” rating in a report on Friday, July 10th. Finally, The Goldman Sachs Group upped their price objective on shares of Broadstone Net Lease from $23.00 to $26.00 and gave the stock a “buy” rating in a research note on Saturday, August 1st. Eight analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $22.33.

Insider Transactions at Broadstone Net Lease

In other news, Director Richard Imperiale purchased 5,000 shares of the stock in a transaction on Thursday, August 20th. The stock was bought at an average price of $21.22 per share, with a total value of $106,100.00. Following the transaction, the director owned 26,250 shares in the company, valued at $557,025. The trade was a 23.53% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.02% of the company’s stock.

Key Broadstone Net Lease News

Here are the key news stories impacting Broadstone Net Lease this week:

• Positive Sentiment: Broadstone Net Lease reported third-quarter funds from operations of $0.39 per share, matching the consensus estimate and increasing from $0.37 a year earlier. The in-line result provided some earnings relief for investors. Broadstone Net Lease Q3 FFO Meet Estimates
• Positive Sentiment: BNL raised its fiscal 2026 EPS guidance to $1.55-$1.57, above the prior consensus estimate of $1.51. The outlook suggests management expects earnings to outperform current analyst expectations. Broadstone Net Lease Stock Gains on Q3 Earnings Relief
• Positive Sentiment: The company declared a quarterly dividend of $0.295 per share, up 0.9% from the previous payment. The annualized $1.18 payout represents an indicated yield of roughly 7%, which may appeal to income-focused investors. Broadstone Net Lease Declares Quarterly Dividend
• Neutral Sentiment: Cantor Fitzgerald maintained an “overweight” rating but lowered its price target from $24 to $21. The revised target still implies substantial upside from recent trading levels, but the reduction signals more cautious near-term expectations. Cantor Fitzgerald Broadstone Net Lease Rating
• Negative Sentiment: The lower analyst target may weigh on sentiment, particularly after BNL’s recent decline and continued trading below its 50-day and 200-day moving averages.

Broadstone Net Lease Company Profile

Broadstone Net Lease, Inc (NYSE: BNL) is a real estate investment trust (REIT) that owns and manages a diversified portfolio of primarily single-tenant commercial properties. The company generally leases its properties under long-term, triple-net agreements, under which tenants are typically responsible for property taxes, insurance and maintenance expenses.

Broadstone’s portfolio includes properties used by healthcare providers, industrial and manufacturing companies, office-based businesses, restaurants and retail operators.