Investing In Broadstone Net Lease Inc (NYSE: BNL): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NYSE and operates within the REIT – Diversified industry segment. The current market capitalization of Broadstone Net Lease Inc is $3.53B. A total of 0.95 million shares were traded on the day, compared to an average of 1.15M shares.

In the most recent transaction, Wiegel Molly sold 6,320 shares of BNL for 15.48 per share on May 14 ’24. After the transaction, the SVP – Human Resources & Admin now owns 56,680 company shares. In a previous transaction on Feb 27 ’24, NARASIMHAN SHEKAR bought 5,000 shares at 14.87 per share. BNL shares that Director owns now total 5,000.

Among the insiders who bought shares, COKE MICHAEL A acquired of 10,000 shares on Feb 26 ’24 at a per-share price of $14.67. This resulted in the Director holding 34,817 shares of BNL after the transaction. In another insider transaction, Moragne John David bought 10,000 shares at $14.77 per share on Feb 26 ’24. Company shares held by the Chief Executive Officer now total 162,256.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Broadstone Net Lease Inc pays an annual dividend of $1.06, resulting in a dividend yield of 5.63%, and it has a price to earnings (P/E) ratio of 22.60. BNL’s most recent ex-dividend date was 9/30/2024 when it declared a $0.29 quarterly dividend that was paid in cash on 10/15/2024. Previously, the company paid the dividend on 7/15/2024 with an ex-dividend date of 6/28/2024. The BNL stock dividend was $0.29 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, BNL has a high of $19.10 and a low of $13.68.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. BNL’s latest balance sheet shows that the firm has $21.67M in Cash & Short Term Investments as of fiscal 2021. There were $1.69B in debt and $90.42M in liabilities at the time. Its Book Value Per Share was $16.20, while its Total Shareholder’s Equity was $2.74B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BNL is Buy with a score of 3.60.

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