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Broadstone Net Lease, Inc. (BNL) Stock Analysis

Range Bound setup

SellModerate Confidence

Real Estate · REIT - Diversified

Sell if holding. Analyst target reached at $19.74 — A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: industrial properties (61.9%).

Broadstone Net Lease is an industrial-focused diversified net lease REIT with 771 properties in 44 US states and 4 Canadian provinces, leased to 206 commercial tenants across 57 industries. The portfolio is ~99.8% leased and generates revenue through long-term single-tenant net... Read more

$19.74+2.0% A.UpsideScore 5.1/10#6 of 7 REIT - Diversified
Stop $18.98Target $20.07(resistance)A.R:R -0.9:1
Analyst target$21.36+8.2%11 analysts
$20.07our TP
$19.74price
$21.36mean
$24

Sell if holding. Analyst target reached at $19.74 — A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: industrial properties (61.9%). Chart setup: RSI 45 mid-range, Bollinger mid-band. Score 5.1/10, moderate confidence.

Passes 4/6 gates (clean insider activity, no SEC red flags, earnings proximity no date, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

Thesis

Rewards
High-quality business
Risks
Concentration risk — Property Type: industrial properties (61.9%)
Analyst target reached - limited upside remaining
Near 52-week high (3.9% away)

Key Metrics

P/E (TTM)39.9
P/E (Fwd)26.0
Mkt Cap$4.0B
EV/EBITDA16.6
Profit Mgn21.2%
ROE3.2%
Rev Growth5.5%
Beta1.02
Dividend5.87%
Rating analysts14

Quality Signals

Piotroski F8/9

Options Flow

P/C2.75bearish
IV65%elevated

Concentration Risks(10-K Item 1A)

  • HIGHPropertyindustrial properties62%
    10-K Item 1A: 'approximately 61.9% of our ABR came from industrial properties and 30.1% from retail properties'
  • LOWTenantRoskam Baking Company3.9%
    10-K Item 1A: 'Our largest tenant is Roskam Baking Company, which leases seven properties that in the aggregate represent approximately 3.9% of our ABR'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Volume
0.0
Obv
1.0
Macd
3.0
Rsi
5.5
Ma Position
6.0
Volume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.1<4.5A.R:R -0.9=NEGATIVEInsider activity: OKNo SEC red flagsEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
45 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $18.44Resistance $20.48

Price Targets

$19
$20
A.Upside+1.7%
A.R:R-0.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Target reached (-5.6% upside)
! Momentum score 3.1/10 — below 4.5 minimum
! Negative risk/reward — downside exceeds upside

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-04-29 (nulld)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is BNL stock a buy right now?

Sell if holding. Analyst target reached at $19.74 — A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Property Type: industrial properties (61.9%). Chart setup: RSI 45 mid-range, Bollinger mid-band. Prior stop was $18.98. Score 5.1/10, moderate confidence.

What is the BNL stock price target?

Take-profit target: $20.07 (+2.0% upside). Prior stop was $18.98. Stop-loss: $18.98.

What are the risks of investing in BNL?

Concentration risk — Property Type: industrial properties (61.9%); Analyst target reached - limited upside remaining; Near 52-week high (3.9% away).

Is BNL overvalued or undervalued?

Broadstone Net Lease, Inc. trades at a P/E of 39.9 (forward 26.0). TrendMatrix value score: 4.2/10. Verdict: Sell.

What do analysts say about BNL?

14 analysts cover BNL with a consensus score of 4.0/5. Average price target: $21.

What does Broadstone Net Lease, Inc. do?Broadstone Net Lease is an industrial-focused diversified net lease REIT with 771 properties in 44 US states and 4...

Broadstone Net Lease is an industrial-focused diversified net lease REIT with 771 properties in 44 US states and 4 Canadian provinces, leased to 206 commercial tenants across 57 industries. The portfolio is ~99.8% leased and generates revenue through long-term single-tenant net leases averaging 9.6 years remaining.

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