BNL — Broadstone Net Lease, Inc.
Real Estate · ETF XLRE · as of 2026-09-22
Broadstone Net Lease Inc is an internally managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.
Price & today
| Stock today | -0.83% |
| Sector ETF today | -0.21% |
| Residual (stock-specific) | -0.62% |
Sector correlation
| 20-day correlation with XLRE | 0.16 |
| 60-day correlation with XLRE | 0.54 |
| Status | DECOUPLING |
Decoupling fires when 60d corr − 20d corr > 0.20: stock used to track its sector but the relationship has weakened recently.
Technicals
| 10 EMA | $19.72 |
| 20 EMA | $20.19 |
| 50 EMA | $20.69 |
| EMA stack | BEARISH |
| RSI(14) | 23.7 oversold |
| 52-week high distance | -3.97% |
| 52-week low distance | +36.96% |
Signals
| Market F&G | 45.1 |
| Bull% | 12.9% |
| OVTLYR status | SELL (41d) |
| Sector rank | #5 |
| Next earnings | 2026-10-27 (TNS, 34d) |
MarketSmith metrics - our compute
What do these abbreviations mean?
- RS Rating
- - IBD-style relative strength vs SPY (weighted 3/6/9/12-mo). 70+ = leaders pool, 80+ = strong.
- ADR%
- - average daily range over 20 days. 4%+ = the fast movers the playbook prefers (selection order, not a gate).
- RMV (tight)
- - Relative Measured Volatility, 15 bars, scaled 0-100. <15 = tight coiled base (green), <35 moderate, high = loose/expanding - not a base right now.
- Ext (ATR>20EMA)
- - how many ATRs price sits above its 20-EMA. ≤1 = in value (green), >2 = extended/chasing (red) - prefer a pullback.
- Rel Vol
- - latest volume vs the 50-day average. 100% = normal; 140%+ = breakout confirmation.
- U/D 50d / 25d
- - up-day vs down-day volume over the window. 1.1+ = net accumulation (institutions buying); under 0.9 on the 25d = net selling.
- Accum/Dist 25d
- - heavy-volume up days vs heavy-volume down days in the last 25 sessions (close moved 0.2%+ on above-average volume). The institutional-participation footprint; 5+ distribution days = O'Neil caution line.
- LoD dist
- - close distance above the day low in % of ATR (100 = one full ATR off the low). High = strong close.
- Off/Above 52w
- - trend-template legs: within 25% of the 52-week high, at least 25% above the 52-week low.
- Trend 8/8
- - all 8 Minervini Trend Template criteria pass. Discovery floor, NOT an entry signal - entries come from the VCP pivot.
- Base len (VCP)
- - weeks since the VCP base started on the latest scan. 10wk+ bases carry the edge; short stacked bases test below random.
Fundamentals & valuation - reference, not entry inputs
Company data - context read, not entry inputs
Quarterly EPS - earnings acceleration
A dash in %Chg is deliberate: the year-ago figure was a loss, so a growth % would be meaningless. A dash in Sales means we have no revenue figure for that quarter - read it as a gap in our data, not as zero revenue.
| Quarter | EPS ($) | %Chg YoY | Sales ($M) | %Chg |
|---|---|---|---|---|
| Oct-24 | 0.20 | -23% | 108.4 | -1% |
| Feb-25 | 0.11 | +83% | 112.1 | +7% |
| Apr-25 | 0.10 | -68% | 108.7 | +3% |
| Jul-25 | 0.12 | -33% | 113.0 | +7% |
| Oct-25 | 0.14 | -30% | 114.2 | +5% |
| Feb-26 | 0.20 | +82% | 118.3 | +5% |
| Apr-26 | 0.24 | +140% | 121.4 | +12% |
| Jul-26 | 0.19 | +58% | 122.3 | +8% |
eps_actual (the figure MarketSmith/Deepvue show) - whether a given quarter is GAAP or excludes a one-off follows the filing, so it can sit either side of another vendor's number; AAPL's Oct-24 row, the Sep-2024 fiscal quarter, is $0.97 here - GAAP, including the EU tax charge - where TradingView's year implies $1.64 · Sales ($M) = SEC EDGAR quarterly revenue (fiscal Q4 derived as FY minus 9-mo) · quarter = report month · %Chg blank = prior-year base under $0.05 (not meaningful).Recent news - our DB (Finnhub + OVTLYR)
- Jul 29 + Broadstone Net Lease, Inc. (BNL) Q2 FFO Top Estimates Zacks Investment Research
- Jul 29 · Broadstone Net Lease Announces Second Quarter 2026 Results Business Wire
- Jul 09 + 3 Solid Buys In High-Yield Net Lease REITs Seeking Alpha
- Jul 02 · Broadstone Net Lease Schedules Second Quarter 2026 Earnings Release and Conference Call Business Wire
- Jun 29 + Broadstone Net Lease: Industrial Build-To-Suit Strategy Keeps The Growth Story Intact Seeking Alpha
- Jun 27 + Broadstone Net Lease: An Investment-Grade Winner Among Diversified REITs, As Margins Recover Seeking Alpha
- Jun 11 · Broadstone Net Lease Adds $40 Million to its Committed Pipeline of Build-to-Suit Developments Business Wire
- Jun 04 + JP Morgan's Analyst Focus List for June Has 5 Top Passive Income Dividend Picks 24/7 Wall Street