|
|
Broadstone Net Lease Inc (BNL) |
|
Price: $14.0500
$-0.28 
-1.954%
|
| Day's High:
| $14.2575
| Week Perf:
| -2.23 %
|
| Day's Low: |
$ 13.89 |
30 Day Perf: |
-13.38 % |
| Volume (M): |
893 |
52 Wk High: |
$ 18.54 |
| Volume (M$): |
$ 12,548 |
52 Wk Avg: |
$16.52 |
| Open: |
$14.22 |
52 Wk Low: |
$13.89 |
|
|
| Market Capitalization (Millions $) |
2,757 |
| Shares
Outstanding (Millions) |
196 |
| Employees |
110 |
| Revenues (TTM) (Millions $) |
444 |
| Net Income (TTM) (Millions $) |
170 |
| Cash Flow (TTM) (Millions $) |
7 |
| Capital Exp. (TTM) (Millions $) |
55 |
Broadstone Net Lease Inc
Broadstone Net Lease Inc is a publicly-traded real estate investment trust (REIT) that specializes in investing in single-tenant, net-leased properties. The company is based in Rochester, New York and was founded in 200
Broadstone Net Lease operates through a strategic approach to investing in real estate properties across the United States. Its primary focus is on triple net lease properties which are leased to creditworthy tenants under long-term leases.
The company's portfolio comprises of over 650 individual properties spanning across 41 states in the US. These properties are leased to top-rated tenants in different sectors including healthcare, retail, industrial, and office segments.
Broadstone Net Lease has a solid reputation for investing in high-quality properties and has consistently delivered steady returns for shareholders. The company maintains its portfolio diversification by acquiring a blend of high-quality properties across different geographical locations and sectors. It uses a long-term investment strategy and targets properties that it believes will produce high cash flows over an extended period.
One of the unique attributes of Broadstone Net Lease is its conservative investment policies, which have helped it build a stable and growing portfolio. The company's conservative underwriting standards ensure that it carefully evaluates each potential acquisition and assesses the potential tenant's creditworthiness, property location, and other factors before investing in any property.
Broadstone Net Lease has a team of experienced real estate professionals who utilize their unique skills to acquire, finance, manage, and sell high-quality properties in the US. These experts are responsible for evaluating prospective properties, negotiating leases, managing tenant relationships, and ensuring the properties are well-maintained.
In 2017, Broadstone Net Lease became a publicly-traded company and is currently listed on the New York Stock Exchange under the symbol BNL. The initial public offering (IPO) provided the company with additional capital to accelerate its growth strategy, and it has consistently worked to grow its net asset value and pay regular dividends to its shareholders.
Overall, Broadstone Net Lease is a well-managed real estate investment trust that has consistently delivered value to its shareholders. Its high-quality portfolio and conservative investment strategy make it a reliable investment option for investors seeking steady, long-term growth.
Company Address: 800 Clinton Square Rochester 14604 NY
Company Phone Number: 287-6500 Stock Exchange / Ticker: NYSE BNL
| BNL is expected to report next financial results on November 02, 2023. |
|
|
|
|
|
|
|
|
| Stock Performances by Major Competitors |
|
|
|
|
First Real Estate Investment Trust Of New Jersey I
First Real Estate Investment Trust Of New Jersey Faces Setbacks in Q3 2023 Earnings Report
In the recent Q3 2023 earnings report, First Real Estate Investment Trust Of New Jersey experienced a net loss per share of $-0.06, a significant decline from the $0.16 per share profit registered in the same period last year. Despite this setback, the company's revenue saw modest growth, increasing by 4.843% to $7.30 million when compared to the corresponding period a year ago.
However, it is worth noting that the revenue rise of First Real Estate Investment Trust Of New Jersey was slightly lower than that of the rest of the Real Estate Investment Trusts industry, which saw an average growth of 5.18% during the same reporting season in comparison to the previous year. In the previous reporting season, the company recorded revenue of $6.92 million and a bottom line of $0.01 per share.
|
|
Essex Property Trust Inc
Essex Property Trust Inc., a prominent Real Estate Investment Trusts (REITs) company, appeared to deliver exceptional earnings in the second quarter of 2023. However, a closer examination of the company's financials raises several concerns regarding its sustainability and future prospects. This extensive bearish article intends to shed light on the potential pitfalls that may overshadow Essex Property Trust's recent successes.
Surge in Earnings:
Undoubtedly, Essex Property Trust Inc. witnessed an impressive surge in its bottom-line earnings, with income per share skyrocketing by an astounding 78.16% to $1.55 per share. While this seems encouraging on the surface, a deeper analysis reveals a concerning trend. In the previous corresponding reporting season, the company achieved a substantially higher bottom line of $2.38 per share, indicating a contraction of earnings in the most recent quarter.
|
|
Cherry Hill Mortgage Investment Corporation
Cherry Hill Mortgage Investment Corporation (CHMI) is a Real Estate Investment Trust that has been facing significant challenges in recent quarters. The company's second quarter earnings report showed a decrease in the loss per share compared to the previous year, raising hopes of a recovery. However, despite some positive numbers, several key indicators suggest a bearish outlook for the company.
Dismal Earnings Performance:
During the second quarter of 2023, CHMI reported a loss per share of $-0.03, representing an improvement compared to the $-0.92 loss per share recorded in the same period the previous year. Although this may appear as a positive trend, it is important to note that the prior reporting season still showed a significant loss per share of $-0.87. This indicates that the company is struggling to turn its financial situation around.
|
|
Hannon Armstrong Sustainable Infrastructure Capita
Hannon Armstrong Sustainable Infrastructure Capital, a Real Estate Investment Trusts company, has recently revealed its financial results for the most recent fiscal period. The company achieved positive profits of $0.14 per share, marking a significant improvement from the previous fiscal year. Additionally, revenue saw substantial growth, outperforming industry peers. This article will outline the key facts and provide an interpretation of these financial results.
Positive Earnings Performance:
Hannon Armstrong Sustainable Infrastructure Capital managed to turn around its financial performance, recording positive profits of $0.14 per share in the most recent fiscal period. This is a significant improvement compared to a loss of $0.21 per share the previous year. However, it is important to note that profits fell by 46.15% from the previous quarter's $0.26 per share.
|
|
Direct Investment Holding Group Inc
The stock market has been on a rollercoaster ride in recent times, with ups and downs making investors nervous. However, there is good news to be found in the financial interval ending June 30, 2023, as we see promising signs for the future.
During this period, the Direct Investment Holding Group Inc experienced a deficit per share of $-0.04, compared to $-0.02 a year ago. Although this may seem like a negative figure, it is important to note that the deficit has decreased from the prior quarter, which saw a deficit of $0.00 per share. This suggests that the company is taking steps in the right direction to improve its financial situation.
|
| Per Share |
Current |
| Earnings (TTM) |
0.87 $ |
| Revenues (TTM) |
2.26 $
|
| Cash Flow (TTM) |
0.04 $ |
| Cash |
0.11 $
|
| Book Value |
16.62 $
|
| Dividend (TTM) |
1.6 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
0.87 $
|
| Revenues (TTM) |
2.26 $ |
| Cash Flow (TTM) |
0.04 $ |
| Cash |
0.11 $
|
| Book Value |
16.62 $ |
| Dividend (TTM) |
1.6 $ |
|
|
|
|
