Broadstone Net Lease (NYSE:BNL) Hits New 12-Month Low – Should You Sell?

27 Oct 2026, 18:01 by Michael Walen · The Markets Daily

Broadstone Net Lease, Inc. (NYSE:BNL – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday. The company traded as low as $17.11 and last traded at $17.1060, with a volume of 2,290,769 shares traded. The stock had previously closed at $17.22.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BNL. The Goldman Sachs Group boosted their target price on Broadstone Net Lease from $23.00 to $26.00 and gave the stock a “buy” rating in a report on Saturday, August 1st. Weiss Ratings downgraded shares of Broadstone Net Lease from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Cantor Fitzgerald raised their price target on shares of Broadstone Net Lease from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, July 31st. BMO Capital Markets lifted their price target on shares of Broadstone Net Lease from $24.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, July 10th. Finally, Truist Financial raised shares of Broadstone Net Lease from a “hold” rating to a “buy” rating and reduced their price target for the company from $22.00 to $21.00 in a research report on Thursday, October 1st. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Broadstone Net Lease currently has an average rating of “Moderate Buy” and an average price target of $22.67.

Read Our Latest Analysis on Broadstone Net Lease

Broadstone Net Lease Stock Performance

The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of 22.60 and a beta of 0.91. The firm has a fifty day moving average of $19.46 and a 200-day moving average of $19.87.

Broadstone Net Lease (NYSE:BNL – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.19 by $0.02. The company had revenue of $122.31 million for the quarter, compared to analyst estimates of $121.63 million. Broadstone Net Lease had a return on equity of 4.83% and a net margin of 30.61%. Broadstone Net Lease has set its FY 2026 guidance at 1.550-1.570 EPS. On average, analysts predict that Broadstone Net Lease, Inc. will post 1.51 EPS for the current year.

Insider Activity

In related news, Director Richard Imperiale bought 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were acquired at an average cost of $21.22 per share, for a total transaction of $106,100.00. Following the acquisition, the director owned 26,250 shares in the company, valued at $557,025. This represents a 23.53% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.02% of the company’s stock.

Institutional Trading of Broadstone Net Lease

Several large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Broadstone Net Lease during the second quarter worth $712,332,000. Dimensional Fund Advisors LP increased its stake in Broadstone Net Lease by 4.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,696,795 shares of the company’s stock worth $49,273,000 after buying an additional 103,091 shares during the period. Alyeska Investment Group L.P. increased its stake in Broadstone Net Lease by 7.8% during the 2nd quarter. Alyeska Investment Group L.P. now owns 2,050,198 shares of the company’s stock worth $42,378,000 after buying an additional 148,533 shares during the period. Bank of America Corp DE lifted its holdings in Broadstone Net Lease by 8.7% in the 1st quarter. Bank of America Corp DE now owns 2,231,816 shares of the company’s stock worth $40,775,000 after buying an additional 178,546 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in Broadstone Net Lease in the 2nd quarter worth $39,745,000. Institutional investors and hedge funds own 89.07% of the company’s stock.

Broadstone Net Lease Company Profile

(Get Free Report)

Broadstone Net Lease, Inc (NYSE: BNL) is a real estate investment trust (REIT) that owns and manages a diversified portfolio of primarily single-tenant commercial properties. The company generally leases its properties under long-term, triple-net agreements, under which tenants are typically responsible for property taxes, insurance and maintenance expenses.