Broadstone Net Lease (NYSE:BNL) Issues FY 2026 Earnings Guidance

29 Apr 2026, 20:40 by Teresa Graham · The Cerbat Gem

Broadstone Net Lease (NYSE:BNL – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.530-1.570 for the period, compared to the consensus EPS estimate of 1.510. The company issued revenue guidance of -.

Broadstone Net Lease Trading Down 0.6%

NYSE BNL traded down $0.13 during trading hours on Wednesday, hitting $19.90. 3,176,339 shares of the company’s stock were exchanged, compared to its average volume of 2,398,257. The stock has a 50-day simple moving average of $19.29 and a 200 day simple moving average of $18.58. Broadstone Net Lease has a 1-year low of $15.28 and a 1-year high of $20.48. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 39.81 and a beta of 0.99.

Broadstone Net Lease (NYSE:BNL – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.18 by $0.20. Broadstone Net Lease had a return on equity of 3.17% and a net margin of 21.25%.Broadstone Net Lease has set its FY 2026 guidance at 1.530-1.570 EPS. On average, sell-side analysts anticipate that Broadstone Net Lease will post 1.51 earnings per share for the current fiscal year.

Broadstone Net Lease Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.2925 per share. This is an increase from Broadstone Net Lease’s previous quarterly dividend of $0.29. This represents a $1.17 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Tuesday, March 31st. Broadstone Net Lease’s payout ratio is 234.00%.

Analyst Ratings Changes

Several equities research analysts recently commented on BNL shares. Cantor Fitzgerald raised their target price on Broadstone Net Lease from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 24th. Weiss Ratings raised Broadstone Net Lease from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 6th. UBS Group raised their price objective on Broadstone Net Lease from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Monday, March 9th. Finally, Wall Street Zen raised Broadstone Net Lease from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Broadstone Net Lease currently has an average rating of “Moderate Buy” and a consensus target price of $20.22.

View Our Latest Stock Analysis on Broadstone Net Lease

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Invesco Ltd. boosted its position in shares of Broadstone Net Lease by 391.1% during the fourth quarter. Invesco Ltd. now owns 4,565,429 shares of the company’s stock valued at $79,302,000 after buying an additional 3,635,809 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Broadstone Net Lease during the fourth quarter valued at approximately $209,000. NewEdge Advisors LLC purchased a new position in shares of Broadstone Net Lease during the fourth quarter valued at approximately $414,000. XTX Topco Ltd bought a new stake in Broadstone Net Lease during the fourth quarter worth $2,230,000. Finally, VARCOV Co. bought a new stake in Broadstone Net Lease during the fourth quarter worth $728,000. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Broadstone Net Lease Company Profile

(Get Free Report)

Broadstone Net Lease, Inc (NYSE: BNL) is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.