Broadstone Net Lease (NYSE:BNL) Posts Earnings Results, Beats Expectations By $0.20 EPS

Posted by Geri Gentry on Jul 30th, 2026

Broadstone Net Lease (NYSE:BNL – Get Free Report) posted its earnings results on Wednesday. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.20, Zacks reports. Broadstone Net Lease had a return on equity of 4.17% and a net margin of 27.01%.The company had revenue of $122.31 million for the quarter, compared to the consensus estimate of $121.63 million. Broadstone Net Lease updated its FY 2026 guidance to 1.550-1.570 EPS.

Broadstone Net Lease Stock Performance

BNL stock traded down $0.67 during mid-day trading on Thursday, reaching $21.48. 4,793,525 shares of the stock traded hands, compared to its average volume of 2,178,968. Broadstone Net Lease has a one year low of $16.05 and a one year high of $23.10. The stock has a market capitalization of $4.11 billion, a PE ratio of 33.04 and a beta of 0.94. The business has a 50-day moving average price of $21.22 and a two-hundred day moving average price of $19.94.

Broadstone Net Lease Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.2925 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.17 dividend on an annualized basis and a yield of 5.4%. Broadstone Net Lease’s payout ratio is 180.00%.

Hedge Funds Weigh In On Broadstone Net Lease

Hedge funds have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC lifted its stake in Broadstone Net Lease by 42.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,000 shares of the company’s stock worth $35,000 after purchasing an additional 600 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of Broadstone Net Lease in the third quarter worth approximately $61,000. EverSource Wealth Advisors LLC lifted its stake in shares of Broadstone Net Lease by 80.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,261 shares of the company’s stock worth $68,000 after acquiring an additional 1,906 shares during the last quarter. State of Wyoming bought a new stake in shares of Broadstone Net Lease during the 4th quarter worth approximately $134,000. Finally, FJ Capital Management LLC boosted its holdings in Broadstone Net Lease by 8.2% during the 2nd quarter. FJ Capital Management LLC now owns 12,754 shares of the company’s stock valued at $205,000 after acquiring an additional 965 shares during the period. 89.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on BNL shares. BMO Capital Markets upped their price objective on Broadstone Net Lease from $24.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, July 10th. BTIG Research boosted their price target on shares of Broadstone Net Lease from $21.00 to $23.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Citigroup downgraded shares of Broadstone Net Lease from a “market perform” rating to a “market perform” rating in a research note on Friday, June 12th. Weiss Ratings raised shares of Broadstone Net Lease from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Finally, Cantor Fitzgerald boosted their target price on shares of Broadstone Net Lease from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Seven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.00.

Read Our Latest Stock Report on Broadstone Net Lease

Broadstone Net Lease Company Profile

(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.