Broadstone Net Lease (NYSE:BNL) Updates 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 -.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. UBS Group assumed coverage on shares of Broadstone Net Lease in a research note on Thursday, November 14th. They issued a “neutral” rating and a $18.00 price target for the company. Citizens Jmp raised shares of Broadstone Net Lease from a “hold” rating to a “strong-buy” rating in a research note 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 for the company 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 given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $18.60.

Broadstone Net Lease Trading Down 0.6 %

Shares of NYSE BNL traded down $0.10 during midday trading on Wednesday, reaching $15.59. The company’s stock had a trading volume of 814,322 shares, compared to its average volume of 1,043,063. The company has a 50 day moving average price of $15.86 and a 200 day moving average price of $17.19. Broadstone Net Lease has a one year low of $14.20 and a one year high of $19.15. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 20.51 and a beta of 1.11.

Broadstone Net Lease (NYSE:BNL) last released its earnings results on Wednesday, February 19th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.16. Broadstone Net Lease had a net margin of 33.56% and a return on equity of 4.47%. Research analysts anticipate that Broadstone Net Lease will post 1.39 earnings per share for the current fiscal year.

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.