Broadstone Net Leaseinc Stock Today
| BNL Stock | USD 14.44 0.11 0.76% |
Performance0 of 100
| Odds Of DistressLess than 6
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Broadstone Net is selling for 14.44 as of the 25th of April 2024. This is a -0.76 percent decrease since the beginning of the trading day. The stock's lowest day price was 14.37. Broadstone Net has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Broadstone Net LeaseInc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Equity Real Estate Investment Trusts (REITs) | IPO Date 17th of September 2020 | Category Real Estate |
BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. As of September 30, 2020, BNLs diversified portfolio consisted of 627 properties in 41 U.S. The company has 188.37 M outstanding shares of which 3.44 M shares are currently shorted by investors with about 2.0 days to cover. More on Broadstone Net LeaseInc
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Broadstone Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Broadstone Net's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Broadstone Net or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Christopher Czarnecki | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Rentals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, NYSE Composite, Rentals, Real Estate, Diversified REITs, REIT—Diversified, Real Estate (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Broadstone Net report their recommendations after researching Broadstone Net's financial statements, talking to executives and customers, or listening in on Broadstone Net's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Broadstone Net LeaseInc. The Broadstone consensus assessment is calculated by taking the average forecast from all of the analysts covering Broadstone Net. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Broadstone Net's liquidity, profitability, solvency, and operating efficiency, Broadstone Net LeaseInc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Broadstone Net LeaseInc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Broadstone Net's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Broadstone Net's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Broadstone Net's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Broadstone Net's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Broadstone Net's financial leverage. It provides some insight into what part of Broadstone Net's total assets is financed by creditors.
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Broadstone Net LeaseInc (BNL) is traded on New York Stock Exchange in USA. It is located in 207 High Point Drive, Victor, NY, United States, 14564 and employs 74 people. Broadstone Net is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Broadstone Net's market, we take the total number of its shares issued and multiply it by Broadstone Net's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Broadstone Net LeaseInc runs under Diversified REITs sector within Real Estate industry. The entity has 188.37 M outstanding shares of which 3.44 M shares are currently shorted by investors with about 2.0 days to cover.
Broadstone Net LeaseInc has about 21.79 M in cash with 271.07 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check Broadstone Net Probability Of Bankruptcy
Ownership AllocationBroadstone Net holds a total of 188.37 Million outstanding shares. The majority of Broadstone Net LeaseInc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Broadstone Net LeaseInc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Broadstone Net. Please pay attention to any change in the institutional holdings of Broadstone Net LeaseInc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Broadstone Ownership Details
Broadstone Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Broadstone Net jumping above the current price in 90 days from now is about 85.28%. The Broadstone Net LeaseInc probability density function shows the probability of Broadstone Net stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2946 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Broadstone Net will likely underperform. Additionally, broadstone Net LeaseInc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Broadstone Net to move above the current price in 90 days from now is about 85.28 (This Broadstone Net LeaseInc probability density function shows the probability of Broadstone Stock to fall within a particular range of prices over 90 days) .
Broadstone Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Broadstone Net that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Broadstone Net's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Broadstone Net's value.| Instituion | Recorded On | Shares | |
| Aew Capital Management Lp | 2023-12-31 | 2.4 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.3 M | |
| Millennium Management Llc | 2023-12-31 | 2.3 M | |
| Norges Bank | 2023-12-31 | 2.1 M | |
| Northern Trust Corp | 2023-12-31 | 2.1 M | |
| Jpmorgan Chase & Co | 2023-12-31 | 2 M | |
| New England Private Wealth Advisors, Llc | 2023-12-31 | 1.9 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.8 M | |
| United Capital Financial Advisers Inc | 2023-12-31 | 1.7 M | |
| Vanguard Group Inc | 2023-12-31 | 27.8 M | |
| Blackrock Inc | 2023-12-31 | 19.2 M |
Broadstone Net Historical Income Statement
Broadstone Net LeaseInc Income Statement is one of the three primary financial statements used for reporting Broadstone's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Broadstone Net LeaseInc revenue and expense. Broadstone Net Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Broadstone Net's Operating Income is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 22.4 M this year, although the value of Depreciation And Amortization will most likely fall to about 109.9 M. View More FundamentalsBroadstone Stock Against Markets
Picking the right benchmark for Broadstone Net stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Broadstone Net stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Broadstone Net is critical whether you are bullish or bearish towards Broadstone Net LeaseInc at a given time. Please also check how Broadstone Net's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Broadstone Net without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Broadstone Net Corporate Management
Elected by the shareholders, the Broadstone Net's board of directors comprises two types of representatives: Broadstone Net inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Broadstone. The board's role is to monitor Broadstone Net's management team and ensure that shareholders' interests are well served. Broadstone Net's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Broadstone Net's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Denise BrooksWilliams | Independent Director | Profile | |
| Andrea Wright | Senior Vice President , Property Management | Profile | |
| Agha Khan | Director | Profile | |
| James Watters | Independent Director | Profile | |
| Shekar Narasimhan | Independent Director | Profile | |
| Timothy Dieffenbacher | Senior Vice President Chief Accounting Officer, Treasurer | Profile | |
| Molly Wiegel | Senior Vice President of Human Resources | Profile |
How to buy Broadstone Stock?
Before investing in Broadstone Net, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Broadstone Net. To buy Broadstone Net stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Broadstone Net. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Broadstone Net stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Broadstone Net LeaseInc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Broadstone Net LeaseInc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Broadstone Net LeaseInc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Broadstone Stock please use our How to Invest in Broadstone Net guide.
Already Invested in Broadstone Net LeaseInc?
The danger of trading Broadstone Net LeaseInc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Broadstone Net is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Broadstone Net. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Broadstone Net LeaseInc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Broadstone Net LeaseInc is a strong investment it is important to analyze Broadstone Net's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadstone Net's future performance. For an informed investment choice regarding Broadstone Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadstone Net LeaseInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Broadstone Stock analysis
When running Broadstone Net's price analysis, check to measure Broadstone Net's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadstone Net is operating at the current time. Most of Broadstone Net's value examination focuses on studying past and present price action to predict the probability of Broadstone Net's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadstone Net's price. Additionally, you may evaluate how the addition of Broadstone Net to your portfolios can decrease your overall portfolio volatility.
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Is Broadstone Net's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadstone Net. If investors know Broadstone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadstone Net listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Dividend Share 1.12 | Earnings Share 0.83 | Revenue Per Share 2.373 | Quarterly Revenue Growth (0.06) |
The market value of Broadstone Net LeaseInc is measured differently than its book value, which is the value of Broadstone that is recorded on the company's balance sheet. Investors also form their own opinion of Broadstone Net's value that differs from its market value or its book value, called intrinsic value, which is Broadstone Net's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadstone Net's market value can be influenced by many factors that don't directly affect Broadstone Net's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadstone Net's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadstone Net is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadstone Net's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.