Welcome to our dedicated page for Broadstone Net Lease news (Ticker: BNL), a resource for investors and traders seeking the latest updates and insights on Broadstone Net Lease stock.
Broadstone Net Lease, Inc. operates as an industrial-focused, diversified net lease REIT that owns and manages primarily single-tenant commercial properties leased on a long-term basis to a diversified tenant base. Company news commonly covers quarterly operating results, AFFO and rent metrics, portfolio occupancy, acquisitions, and build-to-suit development commitments across industrial, retail, and other property types in the United States and Canada.
Recurring updates also include dividend declarations and tax treatment, investor presentations, earnings-call schedules, guidance, tenant exposure, lease-term trends, and balance-sheet or capital-markets activity tied to BNL's real estate investment strategy.
Broadstone Net Lease (NYSE: BNL) reported second quarter 2026 net income of $40.3 million, or $0.21 per diluted share, up 110% year over year, on revenues of $122.3 million. AFFO was $78.2 million, or $0.39 per diluted share, a 2.6% increase.
The company achieved 2.2% same-store rental revenue growth and collected 99.9% of base rents. It invested $91.5 million in the quarter, mainly in build-to-suit projects, and now has a committed build-to-suit pipeline of about $645 million.
BNL highlighted a joint venture to develop a $303 million advanced technology facility in Colorado for a Fortune 20 investment-grade tenant under a 15-year triple-net lease with 3% annual rent increases and projected year-one cash yield of 8.5%. Total debt was $2.7 billion, with Net Debt to Annualized Adjusted EBITDAre of 6.4x and pro forma 5.9x. The company entered a new $300 million delayed-draw term loan and modestly reduced credit facility margins.
For 2026, BNL raised full-year AFFO guidance to $1.55–$1.57 per diluted share and now expects $600–$800 million of investments and $100–$150 million of dispositions. The board declared a quarterly dividend of $0.2925 per share, unchanged.
Broadstone Net Lease (NYSE:BNL) entered a joint venture to develop a ~112,000 sq. ft. advanced technology facility in Colorado for a Fortune 20 investment-grade tenant.
BNL plans an estimated total investment of $303 million, with an initial 15-year triple-net lease, 3% annual rent escalations, and estimated year-one, year-two, and straight-line yields of 8.5%, 9.7%, and 11.6%, respectively.
Broadstone Net Lease (NYSE:BNL) will release financial and operating results for the quarter ended June 30, 2026, after market close on Wednesday, July 29, 2026.
An earnings conference call and audio webcast will follow on Thursday, July 30, 2026, at 11:00 a.m. Eastern Time.
Broadstone Net Lease (NYSE:BNL) added a new build-to-suit development for Tesla, a state-of-the-art sales, service, and delivery facility in Las Vegas.
The project totals about $39.8 million, covers 60,000 square feet, carries a 15-year lease, 3% annual rent escalations, and targets rent commencement in Q4 2027.
Broadstone Net Lease (NYSE: BNL) reported Q1 2026 results: net income $46.4M ($0.24 diluted), AFFO $76.9M ($0.38), and revenues of $121.4M. The company invested $171.9M in the quarter and added ~$30M to its committed build-to-suit pipeline, with ~$179.8M of remaining build-to-suit investments through Q4 2026. BNL declared a quarterly dividend of $0.2925 and reiterated 2026 AFFO guidance of $1.53–$1.57 per diluted share.
Broadstone Net Lease (NYSE: BNL) will be added to the S&P SmallCap 600 effective prior to the opening of trading on April 9, 2026, replacing DigitalOcean Holdings (DOCN). The change is part of concurrent index rebalances that move Casey's General Stores (CASY) into the S&P 500 and DOCN into the S&P MidCap 400.
The table of changes lists each addition and deletion by index and sector on the effective date.
Broadstone Net Lease (NYSE: BNL) will release results for the quarter ended March 31, 2026, after market close on April 29, 2026. The company will host an earnings conference call and audio webcast on April 30, 2026 at 11:00 a.m. ET.
Live listen-only webcast, phone access numbers, and a replay (available for one year) are provided, with a web replay posted approximately one hour after the call.
Broadstone Net Lease (NYSE: BNL) added two build-to-suit developments with an aggregate estimated total project investment of $62.1 million. The company secured land and started construction on a sub-same-day industrial warehouse in Sarasota, FL, and a retail development in Magnolia, TX.
As of Feb. 25, 2026, these projects expand BNL's in-process pipeline alongside existing industrial and retail developments, reflecting ongoing tenant and developer demand and the company’s growth strategy.
Broadstone Net Lease (NYSE: BNL) reported full-year 2025 results and Q4 highlights on February 18, 2026. For 2025, net income was $99.4M (down 41.9%) and AFFO was $296.3M or $1.49 per diluted share. The company invested $748.4M in 2025 and ended with $2.5B total debt (Net Debt/Annualized Adjusted EBITDAre 6.0x). BNL raised capital via a $350M 2032 bond and a $500M term loan, and reiterated 2026 AFFO guidance of $1.53–$1.57 per diluted share.
Broadstone Net Lease (NYSE: BNL) announced the income tax allocation for its 2025 common stock dividends for CUSIP 11135E203. The company reported quarterly distributions of $0.290 per share with each payment allocated as $0.149722 ordinary dividends and $0.140278 return of capital (nondividend distributions). The table shows $0.000000 for capital gain distributions, unrecaptured section 1250 gain, and Section 897 capital gain. Shareholders are advised to consult their tax advisors regarding individual tax treatment.