On Tuesday, Broadstone Net Lease Inc (NYSE: BNL) was -0.67% drop from the session before settling in for the closing price of $17.78. A 52-week range for BNL has been $13.68 – $18.10.
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Real Estate Sector giant saw their annual sales surged by 13.77% over the last five years. When this article was written, the company’s average yearly earnings per share was at 14.10%. With a float of $186.21 million, this company’s outstanding shares have now reached $187.61 million.
The firm has a total of 74 workers. Let’s measure their productivity. In terms of profitability, gross margin is 77.28%, operating margin of 84.57%, and the pretax margin is 37.48%.
Broadstone Net Lease Inc (BNL) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Broadstone Net Lease Inc stocks. The insider ownership of Broadstone Net Lease Inc is 1.22%, while institutional ownership is 84.77%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.26 earnings per share (EPS) during the time that was better than consensus figure (set at 0.16) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.10% per share during the next fiscal year.
Broadstone Net Lease Inc (NYSE: BNL) Trading Performance Indicators
You can see what Broadstone Net Lease Inc (BNL) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.64. Likewise, its price to free cash flow for the trailing twelve months is 13.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.83, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.77 in one year’s time.
Technical Analysis of Broadstone Net Lease Inc (BNL)
Analysing the last 5-days average volume posted by the [Broadstone Net Lease Inc, BNL], we can find that recorded value of 0.92 million was lower than the volume posted last year of 1.2 million. As of the previous 9 days, the stock’s Stochastic %D was 91.31%. Additionally, its Average True Range was 0.34.
During the past 100 days, Broadstone Net Lease Inc’s (BNL) raw stochastic average was set at 88.70%, which indicates a significant increase from 87.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.91% in the past 14 days, which was lower than the 21.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.64, while its 200-day Moving Average is $15.87. Now, the first resistance to watch is $17.81. This is followed by the second major resistance level at $17.97. The third major resistance level sits at $18.10. If the price goes on to break the first support level at $17.52, it is likely to go to the next support level at $17.39. Should the price break the second support level, the third support level stands at $17.23.
Broadstone Net Lease Inc (NYSE: BNL) Key Stats
There are 188,430K outstanding shares of the company, which has a market capitalization of 3.33 billion. As of now, sales total 442,890 K while income totals 155,480 K. Its latest quarter income was 105,910 K while its last quarter net income were 35,330 K.
