In the latest session, Broadstone Net Lease Inc. (NYSE: BNL) closed at $15.19 down -2.25% from its previous closing price of $15.54. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 926135 shares were traded. BNL stock price reached its highest trading level at $15.57 during the session, while it also had its lowest trading level at $15.16.
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For a deeper understanding of Broadstone Net Lease Inc.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.63.
Upgrades & Downgrades
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 17 when Albano Ryan M bought 6,200 shares for $16.74 per share. The transaction valued at 103,800 led to the insider holds 157,297 shares of the business.
Moragne John David bought 5,982 shares of BNL for $100,019 on Mar 17. The Chief Executive Officer now owns 152,256 shares after completing the transaction at $16.72 per share. On Mar 10, another insider, Fennell Kevin, who serves as the EVP & CFO of the company, bought 3,250 shares for $16.45 each. As a result, the insider paid 53,462 and bolstered with 59,556 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BNL now has a Market Capitalization of 3.01B and an Enterprise Value of 4.93B. As of this moment, Broadstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.91, and their Forward P/E ratio for the next fiscal year is 19.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.63 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 11.39 whereas that against EBITDA is 12.67.
Stock Price History:
Over the past 52 weeks, BNL has reached a high of $22.60, while it has fallen to a 52-week low of $14.98. The 50-Day Moving Average of the stock is 16.26, while the 200-Day Moving Average is calculated to be 17.28.
For the past three months, BNL has traded an average of 919.71K shares per day and 843.3k over the past ten days. A total of 186.13M shares are outstanding, with a floating share count of 160.76M. Insiders hold about 0.20% of the company’s shares, while institutions hold 81.80% stake in the company. Shares short for BNL as of May 14, 2023 were 2.24M with a Short Ratio of 2.24M, compared to 2.61M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.20% and a Short% of Float of 1.39%.
Dividends & Splits
According to the company, the forward annual dividend rate for BNL is 1.12, from 1.09 in the trailing year. Against a Trailing Annual Dividend Yield of 7.01%, it implies a Forward Annual Dividend Yield of 7.21%.
There are 1 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.15 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.15, while EPS last year was $0.2. The consensus estimate for the next quarter is $0.15, with high estimates of $0.15 and low estimates of $0.15.
Analysts are recommending an EPS of between $0.74 and $0.74 for the fiscal current year, implying an average EPS of $0.74. EPS for the following year is $0.77, with 1 analysts recommending between $0.77 and $0.77.
A total of 2 analysts believe the company’s revenue will be $113.5M this quarter.It ranges from a high estimate of $115M to a low estimate of $112M. As of the current estimate, Broadstone Net Lease Inc.’s year-ago sales were $98.01M, an estimated increase of 15.80% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $116.2M, an increase of 14.90% less than the figure of $15.80% in the same quarter last year. There is a high estimate of $116.2M for the next quarter, whereas the lowest estimate is $116.2M.
A total of 1 analysts have provided revenue estimates for BNL’s current fiscal year. The highest revenue estimate was $459.4M, while the lowest revenue estimate was $459.4M, resulting in an average revenue estimate of $459.4M. In the same quarter a year ago, actual revenue was $407.51M, up 12.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $463.2M in the next fiscal year. The high estimate is $463.2M and the low estimate is $463.2M. The average revenue growth estimate for next year is up 0.80% from the average revenue estimate for this year.