Workflow
Broadstone(BNL)
icon
Search documents
Previous Thesis Panned Out, But Broadstone Net Lease Has More To Offer
Seeking Alpha· 2024-09-17 08:30
Richard Drury The market has undoubtedly overestimated Broadstone Net Lease's (NYSE:BNL) risk factors associated with its reorganization processes. For context, the company presented its portfolio reorganization plan called 'healthcare portfolio simplification strategy' upon releasing its annual 2023 results. The strategy aims to reduce the share of healthcare properties, specifically clinical, surgical, and medical office assets, in its portfolio. At the same time, the Company's investment activity is orie ...
If I Was Retiring In 10-20 Years With 10 REITs - Part 2
Seeking Alpha· 2024-09-12 11:00
The Good Brigade Earlier this week, I began my three-part answer to a subscriber who wanted to know which real estate investment trusts (REITs) someone should consider if they were 10–20 years out from retirement. It's a great question because different stages of life can warrant different investment considerations for different people. For instance, I never recommend buying mortgage REITs to retirees. Or lodging REITs, for that matter. These two categories are too risky, with the first dealing exclusively ...
Broadstone Net Lease: Not All Industrial Is Created Equal
Seeking Alpha· 2024-09-10 11:29
John M Lund Photography Inc Long duration assets such as single tenant properties held under long-term triple net leases have been volatile over the past few years, largely due to rising interest rates. Rising financing costs have forced yield upwards disrupting the net lease market by disconnecting buyer and seller pricing expectations. Following years of disruption, the tide appears to be turning for the net lease sector (NETL). Out of all the different real estate sectors, none has been hotter recently t ...
Broadstone(BNL) - 2024 Q2 - Quarterly Results
2024-09-09 10:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Maryland 001-39529 26-1516177 (State or Other Jurisdiction of Incorporation)(Commission File Number) (IRS Employer Identification No.) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.00025 par value BNL The New York Stock Exchange FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 09, 2 ...
3 Small Cap REITs With Big Yields
Seeking Alpha· 2024-08-25 11:00
n I in and and and on t B .. E JamesBrey Who likes high yield? I'm not talking about the so-called "sucker yield" stocks likes those I referenced in a recent article: Apollo Commercial Real Estate Finance (ARI) Global Net Lease (GNL) I'm talking about high-yielding stocks that are not likely to erode shareholder value. It's true that some of the best small-cap stocks can be found "flying under the radar". However, in order to find these so-called "diamonds in the rough" it requires vigorous research. So, in ...
Broadstone Net Lease: Meaningful Reorganization Progress And Strong Metrics Make It Buyable
Seeking Alpha· 2024-08-12 12:16
MicroStockHub Introduction and Previous Thesis Broadstone Net Lease (NYSE:BNL) is a diversified REIT operating within five property sectors: industrial properties (54.6% of ABR) restaurants (14% of ABR) healthcare (12.7% of ABR) retail (12.6% of ABR) office (6.1% of ABR) I generally prefer specialized REITs, as they often have unique sector expertise, ensuring higher-quality analysis of investment opportunities and a more coherent investment strategy. However, not every diversification attempt or diversifie ...
Broadstone(BNL) - 2024 Q2 - Quarterly Report
2024-07-31 20:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Common Stock, $0.00025 par value BNL The New York Stock Exchange FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024, or ☐ Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 001-39529 | --- | --- | --- | |----------------------------------------------------------------------------|---- ...
Broadstone(BNL) - 2024 Q2 - Earnings Call Transcript
2024-07-31 16:51
Broadstone Net Lease, Inc. (NYSE:BNL) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Brent Maedl - Director, Corporate Finance and Investor Relations John Moragne - Chief Executive Officer Ryan Albano - President and Chief Operating Officer Kevin Fennell - Chief Financial Officer Conference Call Participants Eric Borden - BMO Capital Markets Caitlin Burrows - Goldman Sachs Operator Hello and welcome to the Broadstone Net Lease's Second Quarter 2024 Earnings Conference Call. ...
Broadstone Net Lease, Inc. (BNL) Surpasses Q2 FFO Estimates
ZACKS· 2024-07-30 22:51
Broadstone Net Lease, Inc. (BNL) came out with quarterly funds from operations (FFO) of $0.36 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to FFO of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 2.86%. A quarter ago, it was expected that this company would post FFO of $0.35 per share when it actually produced FFO of $0.36, delivering a surprise of 2.86%. Over the last four quarters, the ...
Broadstone Net Lease: An Attractive Yield For Income Investors
Seeking Alpha· 2024-07-08 15:55
Broadstone Net Lease (NYSE:BNL) is a diversified real estate investment trust ("REIT"), providing investors exposure to a diversified tenant list operating in various industries. This REIT continues to sport an attractive yield and trades at a relatively attractive valuation, making it a potentially enticing choice for income-oriented investors. The largest exposure to this REIT is the industrial space by a rather large margin. This is then followed by restaurants, healthcare and retail. They also have some ...