On Tuesday, Broadstone Net Lease Inc (NYSE: BNL) opened lower -0.28% from the last session, before settling in for the closing price of $18.05. Price fluctuations for BNL have ranged from $13.73 to $19.15 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 13.77%. Company’s average yearly earnings per share was noted 15.12% at the time writing. With a float of $186.87 million, this company’s outstanding shares have now reached $187.61 million.
The extent of productivity of a business whose workforce counts for 74 workers is very important to gauge. 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 and Institutional Ownership
A key investor’s attitude towards the stock of the REIT – Diversified industry is another important factor to consider. The insider ownership of Broadstone Net Lease Inc is 0.87%, while institutional ownership is 83.90%. 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
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.26 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.16) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.12% per share during the next fiscal year.
Broadstone Net Lease Inc (NYSE: BNL) Trading Performance Indicators
Check out the current performance indicators for Broadstone Net Lease Inc (BNL). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.79. Likewise, its price to free cash flow for the trailing twelve months is 13.38.
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 0.78 in one year’s time.
Technical Analysis of Broadstone Net Lease Inc (BNL)
The latest stats from [Broadstone Net Lease Inc, BNL] show that its last 5-days average volume of 0.87 million was inferior to 1.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 20.82%. Additionally, its Average True Range was 0.28.
During the past 100 days, Broadstone Net Lease Inc’s (BNL) raw stochastic average was set at 72.49%, which indicates a significant increase from 25.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.24% in the past 14 days, which was lower than the 17.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.39, while its 200-day Moving Average is $16.39. Now, the first resistance to watch is $18.14. This is followed by the second major resistance level at $18.27. The third major resistance level sits at $18.43. If the price goes on to break the first support level at $17.85, it is likely to go to the next support level at $17.69. The third support level lies at $17.56 if the price breaches the second support level.
Broadstone Net Lease Inc (NYSE: BNL) Key Stats
There are currently 188,517K shares outstanding in the company with a market cap of 3.39 billion. Presently, the company’s annual sales total 442,890 K according to its annual income of 155,480 K. Last quarter, the company’s sales amounted to 105,910 K and its income totaled 35,330 K.
