BNL

HoldFallen FavouriteFLAG

Broadstone Net Lease, Inc. · Real Estate · United States · $4.0B · Avg Vol: $37M/d

Fallen Favourite: A good business that is expensive and falling. Wait for the price to catch up.

45
StockRank
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Quality
52
Value
39
Momentum
48
P/E (TTM)
25.3x
peers 22.7x
ROE
4.9%
peers 4.6%
D/E
0.9x
peers 1.1x
Dividend %
6.1%
trailing yield
Director trades · 180d
+$211.6K →
bought by directors
Buybacks · 180d
None →
AI CONVICTION THESIS

Broadstone Net Lease has very strong momentum M85 and quality Q53, but value at V36 is below the calibrated floor, so stage one fails.

The ranks quoted here are from the day it was written; today's Quality, Value and Momentum are the bars above.

ABOUT BROADSTONE NET LEASE, INC.

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Broadstone Net Lease, Inc. is a real estate investment trust (REIT) that acquires, owns, and manages a highly diversified portfolio of single-tenant commercial properties under long-term net leases. The company's competitive advantage lies in its extensive diversification across industries, tenants, and geographies, which helps generate stable and predictable contractual rental income. BNL operates as a triple-net lease REIT, minimizing property operating expenses for the landlord and offering investors consistent cash flow.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue407.5M442.9M431.8M454.1M3.7%476.2M492.0M536.6M8.7%
EPS0.720.830.860.51-10.9%0.760.690.6714.7%
Shares186.1M187.6M188.6M191.4M+2.9%204.6M———
Debt2.0B1.9B1.9B2.5B7.4%2.7B———
Equity3.1B3.0B3.0B2.9B-2.1%————
Op CF255.9M271.1M276.3M299.5M5.4%283.0M———
Inv CF-859.6M24.3M-59.7M-675.3M—————
Fin CF636.0M-334.8M-221.2M393.4M—————
Loading 1Y...
PRICE (1Y)-11.0%
18.9019.5620.2220.8921.5513 Aug3 Sep24 Sep
SMA 50SMA 200

Close
$18.90
RSI (14)
9.5
52-Week Range-18.2% from high
Low $16.42High $23.10

SCORE BREAKDOWN

Quality
52
ROIC
3.5%35.5
ROE
4.9%42.5
GP/Assets
7.9%66.0
Op. Margin
46.2%64.6
FCF/Assets
4.2%72.2
Piotroski
537.9
Int. Cover
2.1x28.7
D/E Ratio
0.89x41.7
Current Ratio
2.02x68.0
Value
39
P/E (TTM)
25.3x21.7
EV/EBITDA
15.9x54.1
P/FCF
16.7x41.9
P/B
1.3x28.2
P/S
8.6x17.0
Div Yield
6.1%63.6
Momentum
48
52W High %
82%49.3
RS 6M
-13%48.3
SMA 50/200
1.08x87.8
EPS Rev 4W
-10.5%3.9
EPS Rev 12W
-10.1%10.4
EPS Improve
-4%38.3
Q Growth
97%83.7

FUNDAMENTALS

Market Cap
$4.0B
P/E (Forward)
26.2x
Gross Margin
94.9%

SECTOR PEERS

Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of BNL are excluded.

TickerCompanyMkt CapStockRankSignal
BNLBroadstone Net Lease, Inc.(you)$4.0B45Hold
GNL-PAGlobal Net Lease, Inc.$1.5B42Hold
WPCW. P. Carey Inc.$15.1B47Hold
ESRTEmpire State Realty Trust, Inc.$1.3B40Hold
SAFESafehold Inc.$914M44Hold
AATAmerican Assets Trust, Inc.$1.7B61Hold
FVRFrontView REIT, Inc.$545M45Hold
CTOCTO Realty Growth, Inc.$759M63Hold
JBGSJBG SMITH Properties$823M21Sell
AHRTAH REALTY TRUST INC$571M65Hold

Peer medians: ROE 4.6% · P/E 22.7x · Gross margin 66.9%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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Broadstone Net Lease, Inc. (BNL): Stock Score Summary

Broadstone Net Lease, Inc. (BNL) has a MoatMap StockRank of 45/100 based on Quality (52/100), Value (39/100), and Momentum (48/100) factor scores. The current signal is HOLD. Broadstone Net Lease has very strong momentum M85 and quality Q53, but value at V36 is below the calibrated floor, so stage one fails.

Broadstone Net Lease, Inc. is a real estate investment trust (REIT) that acquires, owns, and manages a highly diversified portfolio of single-tenant commercial properties under long-term net leases. The company's competitive advantage lies in its extensive diversification across industries, tenants, and geographies, which helps generate stable and predictable contractual rental income. BNL operates as a triple-net lease REIT, minimizing property operating expenses for the landlord and offering investors consistent cash flow.

Key Financial Metrics

Price$18.90
Market Cap$4.0B
P/E (TTM)25.26
P/E (Forward)26.23
Price/Book1.28
Return on Equity4.9%
Return on Invested Capital3.5%
Debt/Equity0.89x
Gross Margin94.9%
Operating Margin46.2%
Revenue Growth8.3%
Dividend Yield6.1%
Free Cash Flow$241M

Broadstone Net Lease, Inc. operates in the REIT - Diversified industry, part of the Real Estate sector (United States).

Frequently Asked Questions

What is Broadstone Net Lease, Inc.’s (BNL) StockRank?
MoatMap’s StockRank for Broadstone Net Lease, Inc. (BNL) is 45/100, with a Hold signal. It is a composite of Quality (52), Value (39), and Momentum (48) factor ranks across MoatMap’s universe of 25,000+ stocks.
Does Broadstone Net Lease, Inc. have an economic moat?
Broadstone Net Lease, Inc. (BNL) has a Quality factor score of 52/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Broadstone Net Lease, Inc. a buy, hold, or sell?
MoatMap’s current signal for Broadstone Net Lease, Inc. (BNL) is Hold, based on a StockRank of 45/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Broadstone Net Lease, Inc. in?
Broadstone Net Lease, Inc. (BNL) operates in the Real Estate sector, specifically the REIT - Diversified industry (United States).
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