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

Broadstone Net Lease (NYSE:BNL) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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 equities analysts recently issued reports on BNL shares. Citizens Jmp upgraded Broadstone Net Lease from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 17th. JMP Securities raised shares of Broadstone Net Lease from a “market perform” rating to an “outperform” rating and set a $21.00 price objective on the stock in a research note on Tuesday, December 17th. Finally, UBS Group initiated coverage on shares of Broadstone Net Lease in a report on Thursday, November 14th. They set a “neutral” rating and a $18.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Broadstone Net Lease presently has a consensus rating of “Hold” and a consensus target price of $18.60.

Broadstone Net Lease Stock Down 0.6 %

NYSE:BNL traded down $0.10 during trading hours on Wednesday, hitting $15.59. 814,322 shares of the company traded hands, compared to its average volume of 1,043,063. 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 PE ratio of 20.51 and a beta of 1.11. The firm’s 50-day simple moving average is $15.86 and its 200-day simple moving average is $17.19.

Broadstone Net Lease (NYSE:BNL) last posted its earnings results on Wednesday, February 19th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.20 by $0.16. Broadstone Net Lease had a net margin of 33.56% and a return on equity of 4.47%. As a group, equities research analysts expect that Broadstone Net Lease will post 1.39 EPS for the current 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.