BNL
Broadstone Net Lease, Inc. Real Estate - REIT - Diversified Investor Relations →
Broadstone Net Lease, Inc. (BNL) closed at $19.26 as of 2026-02-02, trading 28.7% above its 200-week moving average of $14.96. The stock moved further from the line this week, up from 23.8% last week. The 14-week RSI sits at 69, indicating neutral momentum.
Over the past 233 weeks of data, BNL has crossed below its 200-week moving average 6 times. On average, these episodes lasted 20 weeks. The average one-year return after crossing below was -7.8%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $3.8 billion, BNL is a mid-cap stock. The company generates a free cash flow yield of 5.2%, which is healthy. Return on equity stands at 3.0%. The stock trades at 1.3x book value.
Share count has increased 16.2% over three years, indicating dilution.
Over the past 4.6 years, a hypothetical investment of $100 in BNL would have grown to $92, compared to $163 for the S&P 500. BNL has returned -1.7% annualized vs 11.2% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 2.2% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: BNL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BNL Crosses Below the Line?
Across 6 historical episodes, buying BNL when it crossed below its 200-week moving average produced an average return of -7.0% after 12 months (median -7.0%), compared to +14.0% for the S&P 500 over the same periods. 25% of those episodes were profitable after one year. After 24 months, the average return was -5.7% vs +40.7% for the index.
Each line shows $100 invested at the moment BNL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BNL has crossed below its 200-week MA 6 times with an average 1-year return of +-7.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 2022 | May 2022 | 4 | 4.5% | -16.8% | +20.4% |
| Jun 2022 | Jun 2022 | 3 | 3.7% | -15.7% | +21.0% |
| Aug 2022 | Jul 2024 | 98 | 24.7% | -15.4% | +22.6% |
| Dec 2024 | Feb 2025 | 10 | 7.3% | +16.9% | +30.7% |
| Mar 2025 | Apr 2025 | 4 | 6.5% | N/A | +27.5% |
| May 2025 | Jun 2025 | 2 | 3.5% | N/A | +31.1% |
| Average | 20 | — | +-7.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02