BL

Broadstone Net Lease

BNL
NYSEReal Estate
$21.07
USD
+0.17(+0.81%)
At close: Jun 12, 20:00 UTC

Open

$21.05

Prev. Close

$21.05

High

$21.08

Low

$21.04

Market Snapshot

Market Cap

$4.03B

P/E Ratio

32.0

EPS

0.87

Revenue

$431.8M

Employees

62

Why BNL moved

Broadstone Net Lease invested $39.8 million in a Tesla facility, anticipating robust returns from a long-term 15-year lease agreement.

About

Broadstone Net Lease, Inc. is an internally-managed real estate investment trust, which engages in the investment, ownership, and management of single-tenant commercial real estate properties. The company is headquartered in Victor, New York and currently employs 62 full-time employees. The company went IPO on 2020-09-16. The firm invests primarily in single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company is primarily diversified across industrial and retail property types. Under industrial property type, it includes manufacturing, distribution and warehouse, food processing, flex and research and development, cold storage, and services. Under retail property type, it includes general merchandise, casual dining, quick service restaurants, automotive, animal services, home furnishings, healthcare services, and education. Under Other property type, it includes office and clinical/surgical. The firm's portfolio consists of approximately 766 properties, with 759 properties located in 44 U.S. states and seven properties located in four Canadian provinces.

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