Broadstone Net Lease (NYSE:BNL) Stock Rating Lowered by Wall Street Zen

Posted by Brian Himes on Nov 2nd, 2026

Broadstone Net Lease (NYSE:BNL – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Several other brokerages also recently commented on BNL. Weiss Ratings downgraded shares of Broadstone Net Lease from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. BMO Capital Markets boosted their target price on Broadstone Net Lease from $24.00 to $26.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. KeyCorp reiterated an “overweight” rating on shares of Broadstone Net Lease in a research note on Tuesday, September 15th. Truist Financial upgraded shares of Broadstone Net Lease from a “hold” rating to a “buy” rating and decreased their price objective for the company from $22.00 to $21.00 in a report on Thursday, October 1st. Finally, Cantor Fitzgerald dropped their target price on shares of Broadstone Net Lease from $24.00 to $21.00 and set an “overweight” rating for the company in a report on Friday. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Broadstone Net Lease has a consensus rating of “Moderate Buy” and a consensus target price of $22.33.

View Our Latest Analysis on Broadstone Net Lease

Broadstone Net Lease Trading Up 0.1%

BNL stock opened at $17.12 on Friday. The stock has a market cap of $3.29 billion, a P/E ratio of 22.53 and a beta of 0.91. The company’s 50 day moving average is $19.14 and its two-hundred day moving average is $19.85. Broadstone Net Lease has a twelve month low of $16.70 and a twelve month high of $23.10.

Broadstone Net Lease (NYSE:BNL – Get Free Report) last released its earnings results on Wednesday, October 28th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.02). Broadstone Net Lease had a return on equity of 4.86% and a net margin of 30.26%. The business had revenue of $121.87 million for the quarter, compared to analysts’ expectations of $122.19 million. On average, equities research analysts predict that Broadstone Net Lease will post 1.51 earnings per share for the current year.

Insider Activity

In other news, Director Richard Imperiale acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was bought at an average price of $21.22 per share, with a total value of $106,100.00. Following the completion of the acquisition, the director directly owned 26,250 shares of the company’s stock, valued at approximately $557,025. The trade was a 23.53% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.02% of the company’s stock.

Hedge Funds Weigh In On Broadstone Net Lease

A number of large investors have recently made changes to their positions in BNL. QRG Capital Management Inc. lifted its holdings in Broadstone Net Lease by 3.3% in the 2nd quarter. QRG Capital Management Inc. now owns 19,899 shares of the company’s stock valued at $411,000 after acquiring an additional 639 shares during the last quarter. Arizona State Retirement System increased its stake in Broadstone Net Lease by 1.7% during the 2nd quarter. Arizona State Retirement System now owns 52,865 shares of the company’s stock valued at $1,093,000 after purchasing an additional 865 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in Broadstone Net Lease by 5.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 19,294 shares of the company’s stock valued at $335,000 after buying an additional 944 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in Broadstone Net Lease by 6.5% in the 1st quarter. Kestra Advisory Services LLC now owns 22,735 shares of the company’s stock worth $415,000 after buying an additional 1,396 shares during the period. Finally, Swiss National Bank boosted its stake in shares of Broadstone Net Lease by 0.4% in the 1st quarter. Swiss National Bank now owns 374,300 shares of the company’s stock worth $6,838,000 after buying an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 89.07% of the company’s stock.

More Broadstone Net Lease News

Here are the key news stories impacting Broadstone Net Lease this week:

Positive Sentiment: Broadstone Net Lease reported third-quarter funds from operations of $0.39 per share, matching the consensus estimate and increasing from $0.37 a year earlier. The in-line result provided some earnings relief for investors. Broadstone Net Lease Q3 FFO Meet Estimates
Positive Sentiment: BNL raised its fiscal 2026 EPS guidance to $1.55-$1.57, above the prior consensus estimate of $1.51. The outlook suggests management expects earnings to outperform current analyst expectations. Broadstone Net Lease Stock Gains on Q3 Earnings Relief
Positive Sentiment: The company declared a quarterly dividend of $0.295 per share, up 0.9% from the previous payment. The annualized $1.18 payout represents an indicated yield of roughly 7%, which may appeal to income-focused investors. Broadstone Net Lease Declares Quarterly Dividend
Neutral Sentiment: Cantor Fitzgerald maintained an “overweight” rating but lowered its price target from $24 to $21. The revised target still implies substantial upside from recent trading levels, but the reduction signals more cautious near-term expectations. Cantor Fitzgerald Broadstone Net Lease Rating
Negative Sentiment: The lower analyst target may weigh on sentiment, particularly after BNL’s recent decline and continued trading below its 50-day and 200-day moving averages.

Broadstone Net Lease Company Profile

(Get Free Report)

Broadstone Net Lease, Inc (NYSE: BNL) is a real estate investment trust (REIT) that owns and manages a diversified portfolio of primarily single-tenant commercial properties. The company generally leases its properties under long-term, triple-net agreements, under which tenants are typically responsible for property taxes, insurance and maintenance expenses.

Broadstone’s portfolio includes properties used by healthcare providers, industrial and manufacturing companies, office-based businesses, restaurants and retail operators.