Broadstone Net Lease (NYSE:BNL) Releases FY 2025 Earnings Guidance

Broadstone Net Lease (NYSE:BNL) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.450-1.490 for the period, compared to the consensus estimate of 1.530. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. UBS Group assumed coverage on Broadstone Net Lease in a report on Thursday, November 14th. They issued a “neutral” rating and a $18.00 price target on the stock. JMP Securities upgraded Broadstone Net Lease from a “market perform” rating to an “outperform” rating and set a $21.00 price target on the stock in a report on Tuesday, December 17th. Finally, Citizens Jmp upgraded Broadstone Net Lease from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Broadstone Net Lease currently has an average rating of “Hold” and a consensus target price of $18.60.

Broadstone Net Lease Trading Up 0.9 %

Shares of NYSE BNL traded up $0.14 during mid-day trading on Thursday, reaching $15.69. 295,100 shares of the company’s stock were exchanged, compared to its average volume of 1,020,130. The firm has a market capitalization of $2.96 billion, a price-to-earnings ratio of 20.64 and a beta of 1.11. The business has a fifty day simple moving average of $15.84 and a 200 day simple moving average of $17.18. Broadstone Net Lease has a twelve month low of $14.20 and a twelve month high of $19.15.

Broadstone Net Lease (NYSE:BNL) last announced its earnings results on Wednesday, February 19th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.16. The business had revenue of $112.13 million for the quarter, compared to analyst estimates of $109.80 million. Broadstone Net Lease had a return on equity of 4.47% and a net margin of 33.56%. Equities research analysts predict that Broadstone Net Lease will post 1.39 earnings per share for the current fiscal year.

About Broadstone Net Lease

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.