Is Broadstone Net Lease Inc (BNL) overvalued? · P/E 31, rev $431.8M
Broadstone Net Lease Inc (BNL) is a reit - diversified company listed on NYSE.
This page asks whether Broadstone Net Lease Inc (BNL) looks expensive on cached numbers — not a short thesis.
Latest reported BNL revenue for 2024-12-31 was $431.8M. Net income was $169.0M. Revenue was down 2.5% from 2023-12-31 to 2024-12-31. BNL currently screens at market cap $4.08B and trailing P/E 31.4.
BNL currently screens at market cap $4.08B and trailing P/E 31.4. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next BNL 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the BNL stock page for the full model, not this heading.
Not investment advice.