Broadstone Net Lease, Inc. (NYSE:BNL) Short Interest Update

27 Apr 2026, 23:18 by Doug Wharley · The Cerbat Gem

Broadstone Net Lease, Inc. (NYSE:BNL – Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 11,977,474 shares, a growth of 60.3% from the March 31st total of 7,471,413 shares. Based on an average trading volume of 5,847,730 shares, the days-to-cover ratio is presently 2.0 days. Approximately 6.3% of the company’s shares are sold short.

Institutional Trading of Broadstone Net Lease

Several large investors have recently modified their holdings of BNL. Strategic Advocates LLC bought a new stake in shares of Broadstone Net Lease during the 3rd quarter worth $30,000. Blue Trust Inc. raised its stake in Broadstone Net Lease by 96.9% during the 3rd quarter. Blue Trust Inc. now owns 1,790 shares of the company’s stock valued at $32,000 after purchasing an additional 881 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in Broadstone Net Lease by 42.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,000 shares of the company’s stock valued at $35,000 after purchasing an additional 600 shares during the last quarter. Advisory Services Network LLC acquired a new position in Broadstone Net Lease during the 3rd quarter valued at $61,000. Finally, EverSource Wealth Advisors LLC raised its stake in Broadstone Net Lease by 80.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,261 shares of the company’s stock valued at $68,000 after purchasing an additional 1,906 shares during the last quarter. 89.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

BNL has been the topic of several research reports. Cantor Fitzgerald upped their price objective on shares of Broadstone Net Lease from $20.00 to $21.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. UBS Group upped their price objective on shares of Broadstone Net Lease from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Monday, March 9th. Morgan Stanley upped their price objective on shares of Broadstone Net Lease from $18.00 to $19.00 and gave the company a “positive” rating in a research note on Monday, December 29th. Weiss Ratings upgraded shares of Broadstone Net Lease from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 6th. Finally, Wall Street Zen upgraded shares of Broadstone Net Lease from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $20.22.

Read Our Latest Analysis on BNL

Broadstone Net Lease Price Performance

Shares of NYSE BNL traded down $0.07 during trading hours on Monday, hitting $19.95. 1,988,727 shares of the stock were exchanged, compared to its average volume of 4,002,445. The company’s 50 day moving average is $19.28 and its 200 day moving average is $18.55. The firm has a market capitalization of $3.82 billion, a P/E ratio of 39.91 and a beta of 0.99. Broadstone Net Lease has a one year low of $15.28 and a one year high of $20.48.

Broadstone Net Lease (NYSE:BNL – Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.20). The firm had revenue of $118.30 million for the quarter, compared to the consensus estimate of $116.35 million. Broadstone Net Lease had a return on equity of 3.17% and a net margin of 21.25%.Broadstone Net Lease has set its FY 2026 guidance at 1.530-1.57 EPS. Research analysts anticipate that Broadstone Net Lease will post 1.51 earnings per share for the current fiscal year.

Broadstone Net Lease Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.2925 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.17 annualized dividend and a dividend yield of 5.9%. This is an increase from Broadstone Net Lease’s previous quarterly dividend of $0.29. Broadstone Net Lease’s payout ratio is currently 234.00%.

Broadstone Net Lease Company Profile

(Get Free Report)

Broadstone Net Lease, Inc (NYSE: BNL) is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.