LearnGlossaryMarketStocksSuperinvestorsSign in

BNL

Broadstone Net Lease, Inc.

Real Estate · $3.6B market cap

Verdict

Share price

$18.56

close of Oct 3, 2026

Fair value

$9.62

Sticker Price

Payback Price

$3.85

buy price

Overpriced

BNL is Overpriced: at $18.56 it trades 93% above its fair value of $9.62. Its buy price (Payback Price) is $3.85, 79% below today's price. Business quality is mixed: 2 of 5 key numbers clear the 10% bar.

How we valued it

FFO-Based (REIT). A real estate trust. Depreciation makes a property owner's profit look smaller than the cash it brings in, so we value it on funds from operations (FFO).

Business quality

2 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth9.3% a year✗
Equity per share growth-2.5% a year✗
Sales growth17.7% a year✓
Free cash flow growth20.5% a year✓
Return on invested capital4.2%✗

Follow BNL

Get notified when it reaches its buy price of $3.85. Free.

Create a free account

Insider activity

Since Aug 20, 2026: 2 open-market purchases worth $212K. Why purchases matter

Purchases

Imperiale Richard P

director · 2026-08-21

Bought

$106K

Imperiale Richard P

director · 2026-08-20

Bought

$106K

About Broadstone Net Lease, Inc.

Broadstone Net Lease, Inc. (BNL) operates as a self-managed Real Estate Investment Trust. Its strategy focuses on acquiring, owning, and overseeing primarily single-tenant commercial properties that are subject to long-term net leases with a varied tenant base. The company's investment approach is anchored by robust fundamental credit evaluations and judicious real estate underwriting. As of September 30, 2020…

REIT - Diversified

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works