Broadstone Net Lease Inc (NYSE: BNL) is -6.81% lower on its value in year-to-date trading and has touched a low of $13.96 and a high of $19.15 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 $15.88 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $15.75, the stock is -2.26% and -1.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.17 million and changing -0.82% at the moment leaves the stock -4.88% off its SMA200. BNL registered -0.69% loss for a year compared to 6-month gain of 1.74%. The firm has a 50-day simple moving average (SMA 50) of $16.0816 and a 200-day simple moving average (SMA200) of $16.60315.
The stock witnessed a -1.69% loss in the last 1 month and extending the period to 3 months gives it a -0.13%, and is -1.69% 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 1.92% over the week and 1.79% over the month.
Broadstone Net Lease Inc (BNL) has around 73 employees, a market worth around $2.98B and $441.43M in sales. Current P/E ratio is 26.50 and Fwd P/E is 20.68. Profit margin for the company is 25.57%. Distance from 52-week low is 12.82% and -17.75% from its 52-week high. The company has generated returns on investments over the last 12 months (2.27%).
The EPS is expected to shrink by -22.23% this year
444.0 institutions hold shares in Broadstone Net Lease Inc (BNL), with institutional investors hold 88.12% of the company’s shares. The shares outstanding are 189.07M, and float is at 187.02M with Short Float at 2.80%. Institutions hold 87.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 27.66 million shares valued at $438.97 million. The investor’s holdings represent 14.7573 of the BNL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.19 million shares valued at $304.49 million to account for 10.2364 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 14.72 million shares representing 7.8541 and valued at over $233.63 million, while STATE STREET CORP holds 4.3704 of the shares totaling 8.19 million with a market value of $132.32 million.
Broadstone Net Lease Inc (BNL) Insider Activity
The most recent transaction is an insider purchase by Imperiale Richard P, the company’s Director. SEC filings show that Imperiale Richard P bought 2,500 shares of the company’s common stock on May 13 ’25 at a price of $15.93 per share for a total of $39822.0. Following the purchase, the insider now owns 13763.0 shares.
Broadstone Net Lease Inc disclosed in a document filed with the SEC on May 14 ’25 that Imperiale Richard P (Director) bought a total of 2,500 shares of the company’s common stock. The trade occurred on May 14 ’25 and was made at $15.78 per share for $39453.0. Following the transaction, the insider now directly holds 16263.0 shares of the BNL stock.
Still, SEC filings show that on May 09 ’25, Imperiale Richard P (Director) acquired 2,500 shares at an average price of $16.34 for $40862.0. The insider now directly holds 11,263 shares of Broadstone Net Lease Inc (BNL).