Demonstrable Cheapness In REIT Stocks Suggests High Forward Returns [Seeking Alpha]
Broadstone Net Lease, Inc. (BNL)
US:NYSE Investor Relations:
bunzl.com/investors.aspx
Company Research
Source: Seeking Alpha
There are 72 REITs trading below 15X AFFO, with many of them steadily growing earnings. High-quality REITs are trading at multiples that should be reserved for lower-quality companies, presenting an opportunity for investors. Looking for a helping hand in the market? Members of Portfolio Income Solutions get exclusive ideas and guidance to navigate any climate. Learn More » Valuation has been forgotten in this market. REIT stocks have suffered from fear as continued problems in office cast a gloom over commercial real estate. Office is now only 3% of the REIT index, yet it has taken down AFFO multiples across the sector. High quality REITs are now trading at multiples that should be reserved for junky companies. There are 72 REITs trading below 15X AFFO and the majority of these are steadily growing earnings. We believe forward returns on these REITs will be well above market given the following: Free cashflow analysis indicates a certain amount of growth is required to gen
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BNL
News
- Broadstone Net Lease Issues 2023 Sustainability Report [Yahoo! Finance]Yahoo! Finance
- Broadstone Net Lease Issues 2023 Sustainability ReportBusiness Wire
- Broadstone Net Lease: An Industrial REIT Powerhouse With A 7.8% Yield [Seeking Alpha]Seeking Alpha
- Broadstone Net Lease, Inc. (NYSE: BNL) had its "peer perform" rating re-affirmed by analysts at Wolfe Research.MarketBeat
- Broadstone Net Lease Schedules First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
BNL
Earnings
- 2/21/24 - In-Line
BNL
Sec Filings
- 4/5/24 - Form 8-K
- 4/3/24 - Form 8-K
- 3/22/24 - Form ARS
- BNL's page on the SEC website