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Broadstone Net Lease, Inc. (BNL)

NYSE Real Estate REIT - Diversified
$19.97 ▼ -1.72%
Market Cap
$3.83B
Sector
Real Estate
Industry
REIT - Diversified
Beta
0.94
52-Wk Range
17.155-23.1
CEO
John D. Moragne
Country
US
Currency
USD

Broadstone Net Lease, Inc. operates in the REIT - Diversified industry of the Real Estate sector, headquartered in Victor, NY, US. The stock last traded at $19.97, down 1.72% on the session, giving a market capitalisation of $3.83B. On trailing twelve-month figures it carries a trailing P/E of 26.28, a net margin of 30.2%. Its beta of 0.94 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
26.28
Price / Sales
8.01
Price / Book
1.32
EV / EBITDA
15.29
Gross margin
43.2%
Operating margin
48.9%
Net margin
30.2%
Return on equity
Debt / equity
0.95
Current ratio
22.61
Dividend yield
5.8%
Payout ratio
151.8%
Company profile
Exchange
New York Stock Exchange
Employees
62
IPO date
2020-09-17
Headquarters
Victor, NY, US
About Broadstone Net Lease, Inc.

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.

Comparable companies

Broadstone Net Lease, Inc. is most often compared with the following Real Estate names:

ABRGRP-UNJOENHIPSARYNSKTVNO
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