Broadstone Net Lease Inc (BNL) Stock Forecast & Price Target
Broadstone Net Lease Inc · NYSE
$22.39+0.03 (+0.13%)
15-min delayed · Jul 27, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering Broadstone Net Lease Inc, 6 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $19.00 to $26.00, so the covering firms are broadly aligned. The average target of $21.50 sits 4% below the current $22.39. The rating mix has stayed broadly stable, with Buy-side ratings easing from 6 to 5 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.19 next quarter toward $0.81 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Moderate Buy
Strong Buy00%
Buy660%
Hold440%
Sell00%
Strong Sell00%
Based on 10 analysts giving stock ratings to Broadstone Net Lease Inc.
As of Jul, 5 of 9 firms rate BNL a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
BNL EPS & revenue forecast
EPS · NEXT QUARTER
$0.19
Range $0.18 – $0.21 · 6 analysts · +37% YoY
Next period, 6 analysts expect Broadstone Net Lease Inc to earn $0.19 a share (range $0.18 – $0.21), versus $0.14 a year earlier. Full-year consensus is $0.80, growing to $0.81 the year after.
REVENUE · NEXT QUARTER
$124.4M
Range $119.3M – $127.0M · 6 analysts · +9% YoY
Revenue is expected to reach $124.4M (range $119.3M – $127.0M), +8.9% year-over-year. Full-year consensus is $495.9M, rising to $536.6M next year.
Top analysts covering Broadstone Net Lease Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on BNL.
#1
Mitch Germain
JMP Securities · Rank #121
Buy
$21.00-6.2% to target
Overall win rate
44%
+ Follow
#2
Michael Lewis
Truist Securities · Rank #178
Hold
$22.00-1.7% to target
Overall win rate
41%
+ Follow
#3
Caitlin Burrows
Goldman Sachs · Rank #244
Buy
$23.00+2.7% to target
Overall win rate
50%
+ Follow
#4
Michael Goldsmith
UBS
Hold
$20.00-10.7% to target
Coverage
—
+ Follow
#5
Michael Gorman
BTIG
Buy
$23.00+2.7% to target
Coverage
—
+ Follow
BNL stock forecast FAQ
What is BNL's average 12-month price target?+
The 9 analysts with a live target average $21.50 for Broadstone Net Lease Inc over the next 12 months, ranging from a $26.00 high to a $19.00 low.
Is BNL stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 10 analyst ratings, 6 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for BNL?+
The Street-high target is $26.00 (BMO Capital), and the Street-low is $19.00 (Morgan Stanley). The average of all 9 active targets is $21.50.
How many Wall Street analysts cover BNL?+
10 analysts have an active rating on Broadstone Net Lease Inc, and 9 firms carry a live 12-month price target.
Who is the most accurate analyst covering BNL?+
Among analysts who currently cover BNL, Mitch Germain of JMP Securities has the strongest overall Quantellect track record (Rank #121). Their current call is Buy with a $21.00 target.
What is Broadstone Net Lease Inc's projected EPS for next quarter?+
The consensus estimate is $0.19 per share (range $0.18 – $0.21) across 6 analysts. Full-year EPS is projected at $0.80, rising to $0.81 the following year.
How much revenue is Broadstone Net Lease Inc expected to report next quarter?+
Consensus revenue is $124.4M (range $119.3M – $127.0M). Full-year revenue is projected at $495.9M, growing to $536.6M next year.
Have analysts been upgrading or downgrading BNL lately?+
As of Jul, 5 of 9 firms rate BNL a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their BNL calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.