Broadstone Net Lease Inc. (NYSE: BNL) is -30.94% lower on its value in year-to-date trading and has touched a low of $14.98 and a high of $26.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BNL stock was last observed hovering at around $17.36 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $17.14, the stock is 0.34% and 2.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.39 million and changing -1.27% at the moment leaves the stock -14.51% off its SMA200. BNL registered -33.87% loss for a year compared to 6-month loss of -17.20%.
The stock witnessed a 2.27% gain in the last 1 month and extending the period to 3 months gives it a -15.77%, and is -0.46% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.48% over the week and 2.52% over the month.
Broadstone Net Lease Inc. (BNL) has around 76 employees, a market worth around $2.91B and $388.00M in sales. Current P/E ratio is 24.42 and Fwd P/E is 26.66. Profit margin for the company is 30.20%. Distance from 52-week low is 14.42% and -34.90% from its 52-week high. The company has generated returns on investments over the last 12 months (3.90%).
Broadstone Net Lease Inc. (BNL) Analyst Forecasts
The EPS is expected to grow by 52.70% this year
Broadstone Net Lease Inc. (BNL) Top Institutional Holders
The shares outstanding are 172.58M, and float is at 169.57M with Short Float at 9.69%.
Broadstone Net Lease Inc. (BNL) Insider Activity
The most recent transaction is an insider sale by Lessard Laurier J Jr, the company’s SVP – Asset Management. SEC filings show that Lessard Laurier J Jr sold 2,500 shares of the company’s common stock on Mar 10 at a price of $21.20 per share for a total of $53000.0. Following the sale, the insider now owns 54262.0 shares.
Broadstone Net Lease Inc. disclosed in a document filed with the SEC on Mar 01 that Pickney Roderick (SVP – Acquisitions) sold a total of 4,000 shares of the company’s common stock. The trade occurred on Mar 01 and was made at $21.50 per share for $86000.0. Following the transaction, the insider now directly holds 52176.0 shares of the BNL stock.
Broadstone Net Lease Inc. (BNL): Who are the competitors?
The company’s main competitors (and peers) include Prologis Inc. (PLD) that is trading -24.28% down over the past 12 months and Equinix Inc. (EQIX) that is -13.80% lower over the same period. Alexandria Real Estate Equities Inc. (ARE) is -26.46% down on the 1-year trading charts.