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Upturn AI Summary - About
Broadstone Net Lease Inc(BNL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BNL
09/25/2026: BNL (3-star) is currently NOT-A-BUY. Pass it for now.
Broadstone Net Lease Inc is a publicly traded real estate investment trust that maintains a diversified portfolio of single-tenant, triple-net-leased properties with a significant industrial focus. Its core strength lies in its portfolio diversification and reliance on long-term leases, which provide predictable income streams suitable for dividend-focused investors. The primary growth opportunity involves strategic acquisitions in logistics-driven real estate. However, the company faces risks from high interest rates, which can increase financing costs and pressure FFO. Investors should monitor the company's ability to maintain high occupancy levels and manage its leverage effectively in a shifting macroeconomic environment.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | BNL offers moderate growth through portfolio expansion rather than rapid capital appreciation. |
| Momentum investor | Weak fit | BNL is typically a low-beta, steady income play rather than a high-momentum stock. |
| Value investor | Mixed fit | Valuation is often tied to FFO multiples, making it attractive when interest rate fears subside. |
| Dividend investor | Strong fit | BNL is structured as a REIT, making it suitable for income-focused portfolios. |
| Low-risk investor | Mixed fit | While triple-net leases provide stability, REITs are subject to market volatility and interest rate risk. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | REIT share prices fluctuate based on interest rate sentiment. |
| Valuation risk | Medium | Overpayment for acquisitions can dilute FFO growth. |
| Competition risk (Net Lease REITs) | Medium / high | Large competitors can outbid for prime real estate assets. |
| Business quality | Medium | The reliance on tenant credit requires ongoing due diligence. |
| Dividend income | Low | Dividends are generally stable but tied to REIT regulatory requirements. |
| Execution risk | Medium | Effective capital recycling and property management are essential. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 40.47% | Avg. Invested days 70 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.02B USD | Price to earnings Ratio 24.87 | 1Y Target Price 23.7 |
Price to earnings Ratio 24.87 | 1Y Target Price 23.7 | ||
Volume (30-day avg) 2.0M shares | Beta 0.94 | 52 Weeks Range 16.42 - 23.10 | Updated Date 09/25/2026 |
52 Weeks Range 16.42 - 23.10 | Updated Date 09/25/2026 | ||
Dividends yield (FY) 6.16% | Basic EPS (TTM) 0.76 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Net Lease Operations | Rental income from industrial, retail, and office properties under long-term leases. | BNL collects rent from businesses that pay most property costs, creating a steady income stream. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 24.87 | Forward PE 24.63 | Enterprise Value 6.29B | Price to Sales(TTM) 8.45 |
Enterprise Value 6.29B | Price to Sales(TTM) 8.45 | ||
Enterprise Value to Revenue 13.22 | Enterprise Value to EBITDA 14.74 | Shares Outstanding 204.60M | Shares Floating 189.60M |
Shares Outstanding 204.60M | Shares Floating 189.60M | ||
Percent Insiders 0.98 | Percent Institutions 95.02 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Broadstone Net Lease Inc
Exchange NYSE | Headquarters Victor, NY, United States | ||
IPO Launch date 2020-09-17 | CEO & Director Mr. John D. Moragne J.D. | ||
Sector Real Estate | Industry REIT - Diversified | Full time employees 62 | Website https://www.broadstone.com |
Full time employees 62 | Website https://www.broadstone.com | ||
Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease REIT that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of June 30, 2026, BNL's diversified portfolio consisted of 766 individual net leased commercial properties with 759 properties located in 44 U.S. states and seven properties located in four Canadian provinces across the industrial, retail, and other property types. Broadstone Net Lease, Inc. was established and incorporated on October 18th, 2017, in Maryland and is based in Victor, New York.
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