BNL
Broadstone Net Lease, Inc. Real Estate - REIT - Diversified Investor Relations →
Broadstone Net Lease, Inc. (BNL) closed at $18.64 as of 2026-03-20, trading 23.8% above its 200-week moving average of $15.05. The stock is currently moving closer to the line, down from 28.4% last week. The 14-week RSI sits at 61, indicating neutral momentum.
Trading volume is running at 1.5x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.05 ratio) is neutral — neither side is clearly dominating.
Over the past 239 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 $3.7 billion, BNL is a mid-cap stock. The company generates a free cash flow yield of 5.4%, which is healthy. Return on equity stands at 3.2%. The stock trades at 1.2x book value.
Share count has increased 2.9% over three years, indicating dilution.
Over the past 4.7 years, a hypothetical investment of $100 in BNL would have grown to $90, compared to $153 for the S&P 500. BNL has returned -2.3% annualized vs 9.6% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 6.3% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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 -1.0% after 12 months (median -7.0%), compared to +14.8% for the S&P 500 over the same periods. 40% 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% | +16.5% |
| Jun 2022 | Jun 2022 | 3 | 3.7% | -15.7% | +17.1% |
| Aug 2022 | Jul 2024 | 98 | 24.7% | -15.4% | +18.7% |
| Dec 2024 | Feb 2025 | 10 | 7.3% | +16.9% | +26.5% |
| Mar 2025 | Apr 2025 | 4 | 6.5% | N/A | +23.4% |
| May 2025 | Jun 2025 | 2 | 3.5% | N/A | +26.9% |
| Average | 20 | — | +-7.8% | — |
Frequently Asked Questions
Is BNL below its 200-week moving average?
No. Broadstone Net Lease, Inc. (BNL) is currently 23.8% above its 200-week moving average of $15.05. It would need to fall to $15.05 to cross below the line.
What is BNL's 200-week moving average price?
Broadstone Net Lease, Inc.'s 200-week moving average is $15.05 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when BNL drops below its 200-week moving average?
BNL has crossed below its 200-week moving average 6 times in our data. The average one-year return after these crossings was -7.8%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 20 weeks on average.
Is BNL a good value right now?
Here's what our data says about BNL as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 61. Free cash flow yield is 5.4%. Return on equity is 3.2%. Price-to-book is 1.2x. This is not a buy or sell recommendation — always do your own research.
How does BNL compare to the S&P 500?
Over the past 4.7 years, $100 invested in BNL would have grown to $90, compared to $153 for the S&P 500. That's -2.3% annualized vs 9.6% for the index. BNL has underperformed the broader market over this period.
Does BNL pay a dividend?
Yes. Broadstone Net Lease, Inc. currently pays a dividend yield of 628.00%.
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 week of 2026-03-20