Broadstone Net Lease (BNL) Stock Analysis & Forecast

Oct 12 close

$18.42+0.16 (+0.9%)

Gekko Brief

AI summaryOct 12 close

This week brings no results or deals, only scheduling news: BNL has confirmed its third-quarter 2026 earnings release after market close on 28 October, with a conference call set for the following morning. Separately, director Michael A. Coke acquired 1,081 shares on 1 October in lieu of a quarterly cash retainer.

BNL closed at $18.42, up 0.9%, sitting between its 50-day average of $20.12 and 200-day average of $19.88. The stock is down 9.8% over one month, 15.8% over three months, and 7% over six months, though up 0.4% over the past year, with a 52-week range of $17.16 to $23.10. The GekkoIndex reads 66.2, placing BNL in the Accumulation zone, down 5.2 points over the last five readings. Price sits 17.6% below Gekko Fair Value of $22.36.

Earnings follow on 28 October, 16 days away and within a typical 20-trading-day holding window; the last report on 29 July beat estimates ($0.39 versus $0.37 expected) but saw a -4% reaction, with average absolute reactions of 2.7% across recent quarters. Over the last 90 days, insiders made 2 open-market purchases totaling $211,600. Seasonality over the next 20 trading days has averaged +2.3% across 5 years, rising in 4 of them. Analyst consensus across 7 firms stands at 5 buy and 2 hold ratings, with a consensus target of $23.60.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Broadstone Net Lease price vs fair value

$22.36$18.42Oct ’25Apr ’26Oct ’26
Close $18.42200-day averageGekko Fair Value $22.36

Broadstone Net Lease quick facts

Market cap
$3.53B
P/E ratio
24
Forward P/E
24.6
EPS, TTM
$0.76
Revenue, TTM
$476.2M
Profit margin
30.6%
Dividend yield
6.37%
Beta
0.94
Volume
1.30M avg 2.06M
1-year return
+0.4%
Typical daily move
±1.7%
Typical 20-day move
±4%
50-day average
$20.12
200-day average
$19.88
Next earnings
Oct 28
Shares outstanding
204.6M
52-week range
$17.16$23.10

Broadstone Net Lease swing-trade checklist

Broadstone Net Lease scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $18.42 sits between the 50-day ($20.12) and 200-day ($19.88) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    66.2, Accumulation

    Reading 66.2 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    17.6% below

    Price is 17.6% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: 2 open-market insider purchases.

    See smart money
  • Earnings riskheadwind

    Reports in 16 days

    Reports on Oct 28, 2026, 16 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +2.3% on average

    From this point in the calendar, the next 20 trading days averaged +2.3% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Broadstone Net Lease stock chart and price history

Broadstone Net Lease closed at $18.42 on Oct 12, 2026, +0.4% over the past year, inside a 52-week range of $17.16 to $23.10.

Close50-day average200-day averageVolume
Broadstone Net Lease share price, past year, with 50-day and 200-day moving averages and volume$20$22NovDecJan 2026FebMarAprMayJunJulAugSepOct18.42

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−9.8%
3 months
−15.8%
6 months
−7.0%
1 year
+0.4%
The full BNL chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open BNL in Gekko

Follow Broadstone Net Lease through every session

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About Broadstone Net Lease

Broadstone Net Lease invests in commercial real estate, concentrating on properties leased to a single tenant under long-term net lease arrangements. Its tenant base spans multiple sectors, including industrial, healthcare, restaurant, office, and retail space, and the company is recognized for managing itself rather than relying on an external manager.

The business grows by acquiring, holding, and overseeing these properties, relying on careful credit analysis of tenants and disciplined evaluation of real estate before purchase. As of the quarter ending September 30, 2020, its holdings totaled 627 properties with a combined gross asset value of roughly $4.0 billion. These assets are spread across 41 states in the U.S. along with one property in Canada, reflecting a tenant mix drawn from several different industries rather than concentration in one area.

Shares of Broadstone Net Lease trade under the ticker BNL.

Sector
Finance
Website
broadstone.com

Broadstone Net Lease GekkoIndex: the smart money zone

Broadstone Net Lease’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.2, in the Accumulation zone, down 5.2 points over five sessions.

010066.2Accumulation

Down 5.2 points over five sessions, from the Buying zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying39−0.3%−0.3%+0.9%+5.0%
Accumulation (current zone)185+0.2%+0.6%+0.6%+3.8%
Neutral382+0.2%+0.4%+1.2%+2.5%
Distribution29+0.1%−0.3%−0.7%+1.8%
Selling0Not available

Average BNL share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the BNL price, zone by zone.Track BNL in Gekko

Is Broadstone Net Lease stock overvalued? Gekko Fair Value

Broadstone Net Lease trades 17.6% below Gekko Fair Value of $22.36, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Broadstone Net Lease shares are worth, recalculated every trading day.

$22.36

Gekko Fair Value, Oct 10, 2026

17.6% Undervalued

At the end of Aug 2026 the price was 12.1% below the estimate.

Gekko Fair ValueShare price, month end
$22$18Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open BNL in Gekko

Broadstone Net Lease insider and Congress trading

Insiders filed 2 open-market purchases in Broadstone Net Lease worth $212K, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$212Kin 2 open-market purchases

FiledInsiderTypeSharesValue
Aug 24Imperiale Richard P
director
Purchase5,000$106K
Aug 24Imperiale Richard P
director
Purchase5,000$106K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in BNL were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for BNL, plotted on the chart in Gekko.Open BNL in Gekko

Buybacks

Broadstone Net Lease has been buying back its own shares.

Bought back, quarter ended Jun 30, 2025
$32K
As a share of market cap
0.00%
Trailing four quarters
$473K

From company filings.

Broadstone Net Lease earnings: next date and track record

Broadstone Net Lease reports on Oct 28, 2026 (16 days away), and beat the EPS estimate in 3 of its last 8 reports.

3 of 8reports beat the EPS estimate
±2.7%average move across the report
2 of 8reports followed by a gain

Share-price move across each report

−2.3%Oct ’24+2.2%Feb ’25−1.2%Apr ’25+0.9%Jul ’25−4.2%Oct ’25−5.8%Feb ’26−1.1%Apr ’26−4.0%Jul ’26

Last earnings call, Jul 29, 2026 AI summary

What they said
BNL reported strong Q2 2026 results, raising full-year AFFO per share guidance midpoint to $1.56, representing ~5% earnings growth over 2025. The company announced its largest-ever transaction: a $303M joint venture to develop a 100MW advanced technology facility in Colorado for a Fortune 20 tenant at an 11.6% straight-line yield. Portfolio occupancy stands at 99.9% with 766 properties, and the build-to-suit pipeline totals ~$645M, expected to generate ~$46M incremental ABR through mid-2027.
Guidance
Full-year investment guidance raised by over $100M at the midpoint; AFFO per share guidance midpoint raised to $1.56. Approximately $46M of incremental annualized base rent expected from committed developments between Q3 2026 and H1 2027, representing 10%+ ABR growth.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 29, 2026$0.39
est $0.37
+5.4%$122.3M
est $121.6M
+0.6%−4.0%
Apr 29, 2026$0.24
est $0.16
+47.1%$121.4M
est $118.8M
+2.2%−1.1%
Feb 18, 2026$0.20
est $0.17
+15.0%$118.3M
est $116.0M
+2.0%−5.8%
Oct 29, 2025$0.14
est $0.37
−62.2%$114.2M
est $116.4M
−1.9%−4.2%
Jul 30, 2025$0.10
est $0.37
−73.0%$113.0M
est $111.8M
+1.1%+0.9%
Apr 30, 2025$0.09
est $0.36
−75.0%$108.7M
est $109.8M
−1.0%−1.2%
Feb 19, 2025$0.14
est $0.20
−30.0%$112.1M
est $109.8M
+2.1%+2.2%
Oct 30, 2024$0.19
est $0.21
−9.5%$108.4M
est $108.0M
+0.4%−2.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Broadstone Net Lease stock forecast and analyst price targets

Analysts’ average 12-month price target for Broadstone Net Lease is $23.60, +28.1% from the last close, from 7 firms rating the stock in the last 90 days.

$23.60consensus 12-month target, +28.1% from the last close
Low $20High $26
Buy5
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 7 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 1Truist FinancialBuy, upgraded$21+14.0%
Sep 16Morgan StanleyHold, reiterated$24+30.3%
Sep 16J.P. MorganBuy, maintained$26+41.2%
Sep 15KeyBancBuy, maintained$24+30.3%
Aug 25Goldman SachsBuy, maintained$26+41.2%
+0.6%average 20-day move after past Accumulation readings
+2.3%average move over the next 20 trading days in the last 5 years
±1.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Broadstone Net Lease seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Broadstone Net Lease averaged +2.3% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+4.2%2021+9.2%2022+0.3%2023−3.0%2024+0.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.9%5 of 5
Next 10 trading days+2.8%4 of 5
Next 15 trading days+3.4%2 of 5
Next 20 trading days+2.3%4 of 5
Next 30 trading days+4.2%4 of 5

For scale, BNL’s typical 20-trading-day move in either direction is about 4%.

Broadstone Net Lease market cap and key statistics

Broadstone Net Lease’s market cap is $3.53B, with a P/E ratio of 24 and revenue of $476.2M over the last twelve months.

Valuation

Market cap
$3.53B
P/E ratio
24
Forward P/E
24.6
EPS, TTM
$0.76
Gekko Fair Value
$22.36

Trading

Volume
1.30M
Avg volume, 20 days
2.06M
52-week high
$23.10
52-week low
$17.16
Shares outstanding
204.6M

Financials

Revenue, TTM
$476.2M
Profit margin
30.6%
Return on equity
4.9%
Quarterly earnings growth, YoY
+95.7%

Risk and income

Beta
0.94
Typical daily move
±1.7%
Typical 20-day move
±4%
Dividend yield
6.37%

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Broadstone Net Lease stock FAQ

What is Broadstone Net Lease’s market cap?

Broadstone Net Lease’s market cap is $3.53B at the Oct 12, 2026 close of $18.42, with 204.6M shares outstanding. The shares trade on a P/E ratio of 24.

What is the Broadstone Net Lease stock forecast?

The consensus analyst 12-month price target for Broadstone Net Lease is $23.60, +28.1% from the last close. Of the 7 firms that rated the stock in the last 90 days, 5 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Broadstone Net Lease stock overvalued or undervalued?

On Gekko’s estimate Broadstone Net Lease is undervalued: the Oct 12, 2026 close of $18.42 is 17.6% below Gekko Fair Value of $22.36. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Broadstone Net Lease report earnings next?

Broadstone Net Lease is expected to report on Oct 28, 2026 (16 days away). Analysts expect earnings of $0.16 per share on revenue of $121.9M. Broadstone Net Lease beat the earnings estimate in 3 of its last 8 reports, moving 2.7% on average across the report.

What is Broadstone Net Lease’s 52-week high and low?

Broadstone Net Lease’s 52-week high is $23.10 and its 52-week low is $17.16; it closed at $18.42 on Oct 12, 2026, +0.4% over the past year. Over the last five years the shares peaked at $27.25 on Nov 5, 2021.

Is Broadstone Net Lease stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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