Broadstone Net Lease Inc (NYSE: BNL) on Tuesday, plunged -0.33% from the previous trading day, before settling in for the closing price of $18.03. Within the past 52 weeks, BNL’s price has moved between $13.68 and $18.10.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Real Estate sector has jumped its sales by 13.77% annually for the last half of the decade. The company achieved an average annual earnings per share of 6.01%. With a float of $186.34 million, this company’s outstanding shares have now reached $187.61 million.
In an organization with 74 employees, it is important to assess its efficiency.
Broadstone Net Lease Inc (BNL) Insider and Institutional Ownership
Observing investor behavior towards REIT – Diversified industry stocks is more important than anything else. The insider ownership of Broadstone Net Lease Inc is 1.11%, while institutional ownership is 83.45%. The most recent insider transaction that took place on May 14 ’24, was worth 97,838. In this transaction SVP – Human Resources & Admin of this company sold 6,320 shares at a rate of $15.48, taking the stock ownership to the 56,680 shares. Before that another transaction happened on Feb 27 ’24, when Company’s Director bought 5,000 for $14.87, making the entire transaction worth $74,350. This insider now owns 5,000 shares in total.
Broadstone Net Lease Inc (BNL) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 6.01% per share during the next fiscal year.
Broadstone Net Lease Inc (NYSE: BNL) Trading Performance Indicators
Broadstone Net Lease Inc (BNL) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.73. Likewise, its price to free cash flow for the trailing twelve months is 14.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.96, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.73 in one year’s time.
Technical Analysis of Broadstone Net Lease Inc (BNL)
Let’s dig in a bit further. During the last 5-days, its volume was 1.73 million. That was better than the volume of 1.21 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 92.09%. Additionally, its Average True Range was 0.31.
During the past 100 days, Broadstone Net Lease Inc’s (BNL) raw stochastic average was set at 96.66%, which indicates a significant increase from 93.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.64% in the past 14 days, which was lower than the 19.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.04, while its 200-day Moving Average is $15.64. However, in the short run, Broadstone Net Lease Inc’s stock first resistance to watch stands at $18.07. Second resistance stands at $18.16. The third major resistance level sits at $18.30. If the price goes on to break the first support level at $17.84, it is likely to go to the next support level at $17.70. The third support level lies at $17.61 if the price breaches the second support level.
Broadstone Net Lease Inc (NYSE: BNL) Key Stats
Market capitalization of the company is 3.39 billion based on 188,430K outstanding shares. Right now, sales total 442,890 K and income totals 155,480 K. The company made 105,370 K in profit during its latest quarter, and 65,110 K in sales during its previous quarter.
