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How to Buy Broadstone Net Lease Stock

Broadstone Net Lease Inc

Broadstone Net Lease is a diversified REIT company located in New York, United States, which is part of the Real Estate sector, and is traded under the ticker BNL on the NYSE exchange.

Broadstone Net Lease stock last closed at $17.33, down 0.57% from the previous day, and has increased 9.06% in one year. It has overperformed other stocks in the REIT - Diversified industry by 0.13 percentage points. Broadstone Net Lease stock is currently +26.68% from its 52-week low of $13.68, and -1.7% from its 52-week high of $17.63.

There are currently 188.43M BNL shares outstanding. The market value of BNL is $3.27B. In the last 24 hours, 866,581 BNL shares were traded.

How to Buy Broadstone Net Lease Stock

Not sure how to invest in Broadstone Net Lease stock? Here's how.
  1. Choose where to buy Broadstone Net Lease stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Broadstone Net Lease stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Select your method of payment and add your info.
  4. Evaluate Broadstone Net Lease stock: The Broadstone Net Lease ticker symbol is BNL. Is Broadstone Net Lease stock a good investment? Should you buy shares of BNL? How do BNL's underlying business fundamentals look? Do top analysts think Broadstone Net Lease is a good buy? Why has BNL's stock price moved recently? (Hint: Our stock market research website can help you understand if BNL is a good stock to buy).
  5. Execute your BNL buy order: Decide if you will purchase BNL shares at the current market price or use a limit order to buy BNL shares at a particular price.
  6. Watch your BNL investment: Create a watchlist to get live updates on your new investment in Broadstone Net Lease stock.

Step 1: Choose where to buy Broadstone Net Lease stock

You need an online brokerage account to access the NYSE market and buy BNL stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to buy BNL stock today.

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  2. Enter your personal data to create your new brokerage account.
  1. Send your info by clicking the "Create Account" button.
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Step 3: Fund your investment account

Now that you have created your account on the best stock trading app for beginners, you need to deposit funds:

Check out the walkthrough below if you need help depositing funds into your brokerage account.

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Step 4: Evaluate Broadstone Net Lease stock

Once you have decided on the best place to buy Broadstone Net Lease stock, it's crucial to evaluate their stock prior to investing, so you actually comprehend the risk and upside.

Broadstone Net Lease shares quick numbers

BNL Price
$17.33
1w %
4.15%
1y %
9.06%
5y %
N/A
P/E
17.87x
P/B
1.06x
P/S
7.56x
PEG
1.28x
Revenue
$429.26M
Earnings
$181.29M
Fore. Rev. Growth
3.38%
Fore. Earn. Growth
13.93%
Market Cap
$3.27B
Next Earnings
Jul 30, 2024
Next Dividend
N/A

Fundamentals of Broadstone Net Lease

WallStreetZen was built to help everyday investors do better fundamental analysis quickly.

You can view all of the due diligence checks on BNL's stock page.

Is BNL stock overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge BNL's fair value.

Using relative valuations ratios:

  • BNL could be overvalued based on its P/E ratio of 17.87x, relative to REIT - Diversified industry P/E ratio of 14.53x
  • BNL may be undervalued based on its P/B ratio of 1.06x, relative to REIT - Diversified industry P/B ratio of 1.23x
  • BNL may be overvalued based on its PEG ratio of 1.28x

You can do additional valuation analysis on BNL's stock here.

Is BNL a healthy company?

Passed Financial Due Diligence Checks:

  • Total BNL debt is lower than 5 years ago, relative to shareholder equity.
  • BNL profit margin has gone up from 31.1% to 42.2% in the past year.

Failed Financial Due Diligence Checks:

  • BNL's operating cash flow of $267.57M allows it to safely service it's debt of $1.89B.
  • BNL has a relatively high debt to equity ratio of 0.67.
  • BNL earnings of $259.47M is not sufficient to cover its interest payments.

Is BNL stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 Wall Street analysts who give forecasts on BNL, the consensus analyst rating on Broadstone Net Lease is a Sell

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Broadstone Net Lease stock forecast page.

BNL Momentum

SMA10
16.62
SMA20
16.2
SMA50
15.66
SMA100
15.26
SMA200
15.5
MACD
0.48
MACD Signal
0.33
MACD Histogram
0.15
RSI
75.46
Stochastic %K
93.71
Stochastic %D
94.72
StochRSI %K
95.73
StochRSI %D
98.58

BNL Performance Metrics

Last year, BNL earnings were $181.29M. In the last 5 year, BNL's earnings have increased by 4.32% per year. This was slower than the REIT - Diversified industry average of 6.85%.

Last year, BNL revenue was $429.26M. Over the past five year, BNL's revenue has gone up by 11.39% per year. This was slower than the REIT - Diversified industry average of 22.62%.

Learn more about BNL's earnings and revenue performance here.

Who is buying/selling BNL?

In the last 12 months, executives and large shareholders at BNL have sold more shares than they have bought.

Molly Wiegel, SVP - Human Resources Admin of BNL, was the latest BNL insider to sell. They sold $97,833.60 worth of BNL stock on May 14, 2024.

Learn more about who owns BNL shares here.

Does BNL stock generate passive income?

No, Broadstone Net Lease doesn't provide an income stream by paying out dividends.

BNL Social Trading Data

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Execute your BNL buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price limit, use a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Watch your BNL investment

Now that you own some BNL stock, you'll want to stay up-to-date on your stock purchase.

Start a watchlist to get notified of important updates regarding your BNL stock.

BNL Feed

How to Buy Stock in Broadstone Net Lease

To reiterate, here are the 6 steps to buy stock in Broadstone Net Lease:

  1. Choose where to buy Broadstone Net Lease stock
  2. Open a brokerage account
  3. Fund your investment account
  4. Evaluate Broadstone Net Lease stock
  5. Execute your BNL buy order
  6. Watch your BNL investment

If you are looking for a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your new investment in Broadstone Net Lease, add BNL to your watchlist below.

NYSE: BNL
$17.33-0.10 (-0.57%)
Updated Jul 18, 2024
Open eToro Account
NYSE: BNL
$17.33-0.10 (-0.57%)
Updated Jul 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Broadstone Net Lease share?

As of Jul 18, 2024, it costs $17.33 to buy one share of Broadstone Net Lease stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.462 shares of BNL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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

According to 2 Wall Street analysts who monitor Broadstone Net Lease, their consensus recommendation is to sell Broadstone Net Lease stock.

What is the best way to buy Broadstone Net Lease stock?

One way to place an order for Broadstone Net Lease stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.