Broadstone Net Lease, Inc. (BNL)

In the past six months, Broadstone Net Lease (BNL) released its Q1 2025 and Q2 2025 earnings, and announced investments of $83.3 million quarter-to-date as of June 2, 2025, including new property acquisitions and build-to-suit developments. During the first quarter of 2025, the company invested $88.3 million, with new property acquisitions, build-to-suit developments, and revenue-generating capital expenditures. Additionally, BNL sold two healthcare assets for $5.5 million, bringing year-to-date dispositions to $12.9 million as of June 2, 2025. Analyst activity has influenced BNL's stock, with upgrades from Wolfe Research, J.P. Morgan, Goldman Sachs, and KeyBanc, and initiation of coverage with an "overweight" rating from Cantor Fitzgerald and BTIG Research. JMP Securities restated a "market outperform" rating. Conversely, Wall Street Zen lowered its rating from "hold" to "sell". Broadstone Net Lease is scheduled to release its Q3 2025 earnings on October 29, 2025.

Broadstone Net Lease's demand is generally more influenced by broader economic conditions, interest rates, and specific industry trends rather than typical seasonal fluctuations. The long-term nature of its leases also tends to smooth out short-term demand variations. No direct information indicating significant demand seasonality for Broadstone Net Lease's specific offerings was found.

Broadstone Net Lease, Inc. (BNL) is an internally-managed real estate investment trust (REIT) focused on acquiring, owning, and managing single-tenant commercial real estate properties within the Real Estate sector and the Real Estate Investment Trusts industry. BNL's diversified portfolio includes industrial, healthcare, restaurant, office, and retail property types, leased on a long-term, net lease basis to various tenants.

As of June 30, 2025, Broadstone Net Lease's portfolio comprised 766 individual net leased commercial properties, with 759 properties situated across 44 U.S. states and seven properties located in four Canadian provinces. Another report indicates a portfolio of approximately 796 individual commercial properties, with 789 in 44 U.S. states and seven in four Canadian provinces.

In the past year, Broadstone Net Lease's brand reputation has been influenced by its strategic repositioning and analyst coverage. The company has been actively simplifying its portfolio by selling off clinical healthcare assets and focusing its future investments predominantly on industrial, retail, and restaurant properties. Positive analyst upgrades from firms like Goldman Sachs, KeyBanc and J.P. Morgan have likely bolstered its reputation among investors. No specific events negatively impacted Broadstone Net Lease's brand reputation in the past year.

Broadstone Net Lease (BNL) has a diverse ownership structure, with institutional investors holding a significant portion of the company's stock, estimated between 48.85% and 86%. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and State Street Corp. Individual investors, including retail and public companies, collectively own a substantial share, estimated at around 50.21%. Insiders own less than 1% of the company's shares.