Broadstone Net Lease Inc (BNL) Stock Forecast & Price Target
Broadstone Net Lease Inc · NYSE
$20.97+0.16 (+0.77%)
15-min delayed · Sep 8, 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 $22.40 sits 7% above the current $20.97. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.18 next quarter toward $0.79 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 Sep, 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
$0.18
Range $0.16 – $0.19 · 4 analysts · -9% YoY
Next period, 4 analysts expect Broadstone Net Lease Inc to earn $0.18 a share (range $0.16 – $0.19), versus $0.20 a year earlier. Full-year consensus is $0.74, growing to $0.79 the year after.
REVENUE · NEXT QUARTER
$125.6M
Range $123.6M – $129.0M · 4 analysts · +6% YoY
Revenue is expected to reach $125.6M (range $123.6M – $129.0M), +6.2% year-over-year. Full-year consensus is $492.3M, rising to $532.3M 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 #119
Buy
$21.00+0.1% to target
Overall win rate
45%
+ Follow
#2
Michael Lewis
Truist Securities · Rank #187
Hold
$22.00+4.9% to target
Overall win rate
42%
+ Follow
#3
Caitlin Burrows
Goldman Sachs · Rank #264
Buy
$26.00+24.0% to target
Overall win rate
53%
+ Follow
#4
Michael Goldsmith
UBS
Hold
$20.00-4.6% to target
Coverage
—
+ Follow
#5
Michael Gorman
BTIG
Buy
$23.00+9.7% 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 $22.40 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 (Goldman Sachs), and the Street-low is $19.00 (Morgan Stanley). The average of all 9 active targets is $22.40.
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 #119). 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 $0.18 per share (range $0.16 – $0.19) across 4 analysts. Full-year EPS is projected at $0.74, rising to $0.79 the following year.
How much revenue is Broadstone Net Lease Inc expected to report next quarter?+
Consensus revenue is $125.6M (range $123.6M – $129.0M). Full-year revenue is projected at $492.3M, growing to $532.3M next year.
Have analysts been upgrading or downgrading BNL lately?+
As of Sep, 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.
