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How to buy Broadstone Net Lease stock in Canada | $25.29

Own Broadstone Net Lease shares in just a few minutes.

Broadstone Net Lease (BNL) is a leading reit-diversified business based in the US. It opened the day at $24.84 after a previous close of $24.79. During the day the price has varied from a low of $24.56 to a high of $25.91. The latest price was $25.285 (25 minute delay). Broadstone Net Lease is listed on the NYSE and employs 71 staff. All prices are listed in US Dollars.

How to buy Broadstone Net Lease stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: BNL in this case.
  5. Research Broadstone Net Lease stocks. The platform should provide the latest information available.
  6. Buy your Broadstone Net Lease stocks. It's that simple.

Broadstone Net Lease stock price

Use our graph to track the performance of BNL stocks over time.

Broadstone Net Lease stocks at a glance

Information last updated 2021-06-16.
Open$24.84
High$25.91
Low$24.56
Close$25.285
Previous close$24.79
Change $0.495
Change % 1.9968%
Volume 1,974,117
Information last updated 2021-06-10.
52-week range$15.3617 - $25.19
50-day moving average $21.2123
200-day moving average $19.284
Wall St. target price$20.83
Dividend yield $1.02 (4.14%)
Earnings per share (TTM) $0.4825

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Is it a good time to buy Broadstone Net Lease stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Broadstone Net Lease price performance over time

Historical closes compared with the last close of $25.285

1 month (2021-05-14) 22.80%
3 months (2021-03-16) 36.01%
6 months (2020-12-16) 28.87%

Is Broadstone Net Lease under- or over-valued?

Valuing Broadstone Net Lease stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Broadstone Net Lease's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Broadstone Net Lease's EBITDA

Broadstone Net Lease's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$276.2 million.

The EBITDA is a measure of a Broadstone Net Lease's overall financial performance and is widely used to measure a its profitability.

Broadstone Net Lease financials

Revenue TTM USD$326.1 million
Operating margin TTM 48.84%
Gross profit TTM USD$300.4 million
Return on assets TTM 2.35%
Return on equity TTM 3.13%
Profit margin 19.19%
Book value N/A
Market capitalisation USD$3.7 billion

TTM: trailing 12 months

How to short and sell Broadstone Net Lease stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "BNL.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 2.0 million Broadstone Net Lease stocks held short by investors – that's known as Broadstone Net Lease's "short interest". This figure is 302.9% up from 506,310 last month.

There are a few different ways that this level of interest in shorting Broadstone Net Lease stocks can be evaluated.

Broadstone Net Lease's "short interest ratio" (SIR)

Broadstone Net Lease's "short interest ratio" (SIR) is the quantity of Broadstone Net Lease stocks currently shorted divided by the average quantity of Broadstone Net Lease stocks traded daily (recently around 2.0 million). Broadstone Net Lease's SIR currently stands at 1.03. In other words for every 100,000 Broadstone Net Lease stocks traded daily on the market, roughly 1030 stocks are currently held short.

However Broadstone Net Lease's short interest can also be evaluated against the total number of Broadstone Net Lease stocks, or, against the total number of tradable Broadstone Net Lease stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Broadstone Net Lease's short interest could be expressed as 0.01% of the outstanding stocks (for every 100,000 Broadstone Net Lease stocks in existence, roughly 10 stocks are currently held short) or 0.014% of the tradable stocks (for every 100,000 tradable Broadstone Net Lease stocks, roughly 14 stocks are currently held short).

Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Broadstone Net Lease.

Find out more about how you can short Broadstone Net Lease stock.

Broadstone Net Lease stock dividends

91%

Dividend payout ratio: 91.44% of net profits

Recently Broadstone Net Lease has paid out, on average, around 91.44% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Broadstone Net Lease shareholders could enjoy a 4.14% return on their shares, in the form of dividend payments. In Broadstone Net Lease's case, that would currently equate to about $1.02 per share.

Broadstone Net Lease's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Broadstone Net Lease's most recent dividend payout was on 15 July 2021. The latest dividend was paid out to all shareholders who bought their stocks by 29 June 2021 (the "ex-dividend date").

Broadstone Net Lease overview

BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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