Broadstone Net Lease Inc (BNL)

NYSE · Real Estate · REIT - Diversified · USA

Broadstone Net Lease Inc is a mid cap company (market value between $2 billion and $10 billion) in the REIT - Diversified industry.

Broadstone Net Lease is an industrial-focused REIT that owns single-tenant commercial real estate properties leased long-term to diversified tenants across the United States and Canada. The portfolio comprises industrial properties including distribution, warehousing, and manufacturing, as well as retail properties. Properties are integral to tenants' operations, enabling them to retain operational control while allocating capital to core business activities.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Broadstone Net Lease Inc stock.

Our verdict on BNL

Slightly undervalued: intrinsic value $21.67 per share, market price $17.76, margin of safety 18.0% (as of 2026-10-20).

Discounting its cash flows at 7.9% (average of 3 methods) values the shares at $21.67; the price of $17.76 is 18% below that value, and 80% of that value comes from beyond year five.

Leak Score: 51/100 on 9 of 12 signals (Weak Signal).

ETFs with the most weight in BNL

17 more funds hold it; the full list is part of the paid plan.

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Is BNL undervalued or overvalued?

BNL is slightly undervalued (as of the 2026-10-20 close). Discounting its cash flows at 7.9% (average of 3 methods) values the shares at $21.67; the price of $17.76 is 18% below that value, and 80% of that value comes from beyond year five.

What is the intrinsic value of BNL?

$21.67 per share (as of the 2026-10-20 close), against a market price of $17.76. That is a margin of safety of 18.0%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is Broadstone Net Lease Inc's Leak Score?

51 out of 100, which we rate "Weak Signal", on 9 of 12 value investing signals.