+Compare
BNL
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
2.97B

BNL Broadstone Net Lease Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for BNL with price predictions
07:00 PM EST Nov 30, 2023

BNL in upward trend: 10-day moving average crossed above 50-day moving average on November 15, 2023

The 10-day moving average for BNL crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on BNL as a result. In of 52 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BNL just turned positive on October 31, 2023. Looking at past instances where BNL's MACD turned positive, the stock continued to rise in of 30 cases over the following month. The odds of a continued upward trend are .

BNL moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BNL advanced for three days, in of 187 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 184 cases where BNL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BNL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BNL broke above its upper Bollinger Band on November 14, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.950) is normal, around the industry mean (2.131). P/E Ratio (15.848) is within average values for comparable stocks, (57.166). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (6.516). Dividend Yield (0.070) settles around the average of (0.072) among similar stocks. P/S Ratio (6.793) is also within normal values, averaging (6.189).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BNL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BNL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are PROLOGIS (NYSE:PLD), American Tower Corp (NYSE:AMT), Simon Property Group (NYSE:SPG), Annaly Capital Management (NYSE:NLY), Rithm Capital Corp (NYSE:RITM), Tanger (NYSE:SKT), Innovative Industrial Properties (NYSE:IIPR).

Industry description

A real estate investment trust (REIT) is a company any that owns, and in most cases, operates, income-producing real estate – ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and timberlands. Some REITs are involved in financing real estate. Equity REITs invest in and own properties, while mortgage REITs own and invest in property mortgages. REITs are required by law to pay out at least 90% of their annual taxable income (excluding capital gains) to shareholders in the form of dividends. Some REITs could be more cyclical than others; for example, when an economy is undergoing a recession, hotel REITs could be more vulnerable, compared to say healthcare REIT given that healthcare needs are less likely to depend on economic cycles. American Tower Corporation, Prologis, Inc. and Crown Castle International Corp are some of the biggest REIT companies in the U.S.

Market Cap

The average market capitalization across the Real Estate Investment Trusts Industry is 4.88B. The market cap for tickers in the group ranges from 51.9K to 243.79B. COFRF holds the highest valuation in this group at 243.79B. The lowest valued company is PDNLB at 51.9K.

High and low price notable news

The average weekly price growth across all stocks in the Real Estate Investment Trusts Industry was 28%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was -2%. FRMUF experienced the highest price growth at 9,025%, while DTLAP experienced the biggest fall at -23%.

Volume

The average weekly volume growth across all stocks in the Real Estate Investment Trusts Industry was 279%. For the same stocks of the Industry, the average monthly volume growth was -1% and the average quarterly volume growth was 20%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 53
Price Growth Rating: 53
SMR Rating: 81
Profit Risk Rating: 84
Seasonality Score: 28 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published Earnings

BNL is expected to report earnings to fall 30.77% to 18 cents per share on February 21

Broadstone Net Lease BNL Stock Earnings Reports
Q4'23
Est.
$0.18
Q3'23
Beat
by $0.08
Q2'23
Beat
by $0.16
Q1'23
Beat
by $0.06
Q4'22
Beat
by $0.20
The last earnings report on November 01 showed earnings per share of 25 cents, beating the estimate of 18 cents. With 304.89K shares outstanding, the current market capitalization sits at 2.97B.
A.I.Advisor
published Dividends

BNL paid dividends on October 13, 2023

Broadstone Net Lease BNL Stock Dividends
А dividend of $0.28 per share was paid with a record date of October 13, 2023, and an ex-dividend date of September 28, 2023. Read more...
A.I. Advisor
published General Information

General Information

Industry RealEstateInvestmentTrusts

Profile
Fundamentals
Details
Industry
N/A
Address
800 Clinton Square
Phone
+1 585 287-6500
Employees
73
Web
https://investors.bnl.broadstone.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
FIF16.480.03
+0.18%
First Trust Energy Infrastructure Fund
XHYE38.330.01
+0.02%
BondBloxx US High Yield Energy Sctr ETF
SHYL43.69-0.02
-0.04%
Xtrackers Short Duration High Yld Bd ETF
BSJP22.72-0.03
-0.13%
Invesco BulletShares 2025 HY Corp Bd ETF
SAY25.05-0.09
-0.36%
Saratoga Investment Corp

BNL and

Correlation & Price change

A.I.dvisor indicates that over the last year, BNL has been closely correlated with FCPT. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if BNL jumps, then FCPT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BNL
1D Price
Change %
BNL100%
+2.75%
FCPT - BNL
72%
Closely correlated
+3.44%
EPRT - BNL
71%
Closely correlated
+3.37%
NNN - BNL
71%
Closely correlated
+1.82%
ARE - BNL
71%
Closely correlated
+7.99%
GNL - BNL
71%
Closely correlated
+6.26%
More

Groups containing BNL

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BNL
1D Price
Change %
BNL100%
+2.75%
BNL
(undefined stocks)
78%
Closely correlated
+1.39%
Real Estate Investment Trusts
(undefined stocks)
65%
Loosely correlated
+0.49%
Real Estate Investment Trusts
(undefined stocks)
65%
Loosely correlated
+0.49%