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The closing price of Broadstone Net Lease Inc (NYSE: BNL) was $17.67 for the day, up 0.11% from the previous closing price of $17.65. In other words, the price has increased by $0.11 from its previous closing price. On the day, 1.45 million shares were traded. BNL stock price reached its highest trading level at $17.98 during the session, while it also had its lowest trading level at $17.65.
Ratios:
Our analysis of BNL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.24. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.63.
On March 07, 2024, Goldman started tracking the stock assigning a Sell rating and target price of $14.Goldman initiated its Sell rating on March 07, 2024, with a $14 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 14 ’24 when Wiegel Molly sold 6,320 shares for $15.48 per share. The transaction valued at 97,838 led to the insider holds 56,680 shares of the business.
NARASIMHAN SHEKAR bought 5,000 shares of BNL for $74,350 on Feb 27 ’24. The Director now owns 5,000 shares after completing the transaction at $14.87 per share. On Feb 26 ’24, another insider, Moragne John David, who serves as the Chief Executive Officer of the company, bought 10,000 shares for $14.77 each. As a result, the insider paid 147,688 and bolstered with 162,256 shares of the company.
Valuation Measures:
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 3481696768 and an Enterprise Value of 5096000512. As of this moment, Broadstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.36, and their Forward P/E ratio for the next fiscal year is 24.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.60 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 11.872 whereas that against EBITDA is 14.012.
Stock Price History:
Over the past 52 weeks, BNL has reached a high of $17.91, while it has fallen to a 52-week low of $13.68. The 50-Day Moving Average of the stock is 11.51%, while the 200-Day Moving Average is calculated to be 13.50%.
Shares Statistics:
BNL traded an average of 1.12M shares per day over the past three months and 1311270 shares per day over the past ten days. A total of 187.61M shares are outstanding, with a floating share count of 186.34M. Insiders hold about 1.11% of the company’s shares, while institutions hold 83.44% stake in the company. Shares short for BNL as of 1721001600 were 3455122 with a Short Ratio of 3.09, compared to 1718323200 on 2817030. Therefore, it implies a Short% of Shares Outstanding of 3455122 and a Short% of Float of 2.4699999999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 1.13, BNL has a forward annual dividend rate of 1.06. Against a Trailing Annual Dividend Yield of 0.06402267
