Broadstone Net Lease Stock Price on February 21, 2024
| BNL Stock | USD 18.25 0.03 0.16% |
If you're considering investing in Broadstone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Broadstone Net stands at 18.25, as last reported on the 7th of September, with the highest price reaching 18.27 and the lowest price hitting 18.01 during the day. Broadstone Net appears to be very steady, given 3 months investment horizon. Broadstone Net Lease secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Broadstone Net Lease, which you can use to evaluate the volatility of the firm. Please makes use of Broadstone Net's Downside Deviation of 1.3, risk adjusted performance of 0.1883, and Mean Deviation of 0.9747 to double-check if our risk estimates are consistent with your expectations.
The value of Common Stock Shares Outstanding is expected to slide to about 174.5 M. The value of Total Stockholder Equity is estimated to slide to about 2.2 B. At this time, Broadstone Net's Price Cash Flow Ratio is quite stable compared to the past year. Price Sales Ratio is expected to rise to 11.80 this year, although the value of Price Earnings Ratio will most likely fall to 19.64. Broadstone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Broadstone |
Sharpe Ratio = 0.2619
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Broadstone Net is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Broadstone Net by adding it to a well-diversified portfolio.
Price Book 1.1262 | Enterprise Value Ebitda 13.7181 | Price Sales 8.4429 | Shares Float 186.4 M | Dividend Share 1.14 |
Broadstone Net Valuation on February 21, 2024
It is possible to determine the worth of Broadstone Net on a given historical date. On February 21, 2024 Broadstone was worth 14.96 at the beginning of the trading date compared to the closed value of 15.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Broadstone Net stock. Still, in general, we apply an absolute valuation method to find Broadstone Net's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Broadstone Net where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Broadstone Net's related companies.
| Open | High | Low | Close | Volume | |
| 14.95 | 15.15 | 14.83 | 14.94 | 1,305,914 | |
02/21/2024 | 14.96 | 15.15 | 14.88 | 15.09 | 2,293,230 |
| 14.83 | 14.90 | 14.15 | 14.34 | 3,433,433 |
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Broadstone Net Trading Date Momentum on February 21, 2024
| On February 22 2024 Broadstone Net Lease was traded for 14.34 at the closing time. Highest Broadstone Net's price during the trading hours was 14.90 and the lowest price during the day was 14.15 . The net volume was 3.4 M. The overall trading history on the 22nd of February contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 4.97% . The overall trading delta to current price is 3.71% . |
Broadstone Net Lease Fundamentals Correlations and Trends
By evaluating Broadstone Net's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Broadstone Net's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Broadstone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Broadstone Net Stock history
Broadstone Net investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Broadstone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Broadstone Net Lease will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Broadstone Net stock prices may prove useful in developing a viable investing in Broadstone Net
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 196.3 M | 174.5 M | |
| Net Income Applicable To Common Shares | 140.4 M | 73.5 M |
Broadstone Net Stock Technical Analysis
Broadstone Net technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Broadstone Net Period Price Range
Low | September 7, 2024
| High |
0.00 | 0.00 |
Broadstone Net Lease cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Broadstone Net September 7, 2024 Market Strength
Market strength indicators help investors to evaluate how Broadstone Net stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Broadstone Net shares will generate the highest return on investment. By undertsting and applying Broadstone Net stock market strength indicators, traders can identify Broadstone Net Lease entry and exit signals to maximize returns
Broadstone Net Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Broadstone Net's price direction in advance. Along with the technical and fundamental analysis of Broadstone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Broadstone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1883 | |||
| Jensen Alpha | 0.2499 | |||
| Total Risk Alpha | 0.1983 | |||
| Sortino Ratio | 0.1784 | |||
| Treynor Ratio | 0.4172 |
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Additional Information and Resources on Investing in Broadstone Stock
When determining whether Broadstone Net Lease is a strong investment it is important to analyze Broadstone Net's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadstone Net's future performance. For an informed investment choice regarding Broadstone Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadstone Net Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadstone Net. If investors know Broadstone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadstone Net listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Dividend Share 1.14 | Earnings Share 0.83 | Revenue Per Share 2.276 | Quarterly Revenue Growth (0.03) |
The market value of Broadstone Net Lease is measured differently than its book value, which is the value of Broadstone that is recorded on the company's balance sheet. Investors also form their own opinion of Broadstone Net's value that differs from its market value or its book value, called intrinsic value, which is Broadstone Net's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadstone Net's market value can be influenced by many factors that don't directly affect Broadstone Net's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadstone Net's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadstone Net is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadstone Net's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.