Broadstone Net Lease (NYSE:BNL) Hits New 52-Week High – Should You Buy?

Posted by Stanley Muller on May 21st, 2026

Shares of Broadstone Net Lease, Inc. (NYSE:BNL – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $20.49 and last traded at $20.4250, with a volume of 784801 shares traded. The stock had previously closed at $20.43.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Cantor Fitzgerald raised their price target on Broadstone Net Lease from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Weiss Ratings raised Broadstone Net Lease from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, UBS Group raised their price target on Broadstone Net Lease from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Monday, March 9th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Broadstone Net Lease presently has an average rating of “Moderate Buy” and a consensus target price of $20.33.

Get Our Latest Stock Analysis on BNL

Broadstone Net Lease Price Performance

The firm has a market cap of $3.91 billion, a PE ratio of 31.41 and a beta of 0.96. The business has a 50-day moving average price of $19.51 and a two-hundred day moving average price of $18.71.

Broadstone Net Lease (NYSE:BNL – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.06. Broadstone Net Lease had a return on equity of 4.17% and a net margin of 27.01%.The business had revenue of $121.40 million during the quarter, compared to the consensus estimate of $118.84 million. Broadstone Net Lease has set its FY 2026 guidance at 1.530-1.570 EPS. Equities analysts expect that Broadstone Net Lease, Inc. will post 1.51 earnings per share for the current fiscal year.

Broadstone Net Lease Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.2925 dividend. This represents a $1.17 annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend is Tuesday, June 30th. Broadstone Net Lease’s dividend payout ratio is 180.00%.

Hedge Funds Weigh In On Broadstone Net Lease

A number of institutional investors have recently made changes to their positions in the stock. Invesco Ltd. raised its position in shares of Broadstone Net Lease by 391.1% in the fourth quarter. Invesco Ltd. now owns 4,565,429 shares of the company’s stock valued at $79,302,000 after buying an additional 3,635,809 shares during the last quarter. Balyasny Asset Management L.P. raised its position in shares of Broadstone Net Lease by 213.2% in the second quarter. Balyasny Asset Management L.P. now owns 4,335,166 shares of the company’s stock valued at $69,579,000 after buying an additional 2,951,207 shares during the last quarter. Norges Bank acquired a new position in shares of Broadstone Net Lease in the fourth quarter valued at approximately $41,471,000. Hudson Bay Capital Management LP acquired a new position in shares of Broadstone Net Lease in the third quarter valued at approximately $37,998,000. Finally, New England Private Wealth Advisors LLC acquired a new position in shares of Broadstone Net Lease in the fourth quarter valued at approximately $27,426,000. 89.07% of the stock is owned by institutional investors and hedge funds.

About Broadstone Net Lease

(Get Free Report)

Broadstone Net Lease, Inc (NYSE: BNL) is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.

Broadstone Net Lease’s portfolio spans a variety of property types, including industrial facilities, distribution centers, manufacturing plants, life science and office buildings, and essential retail locations.