Analyzing Broadstone Net Lease (NYSE:BNL) and Hibernia REIT (OTCMKTS:HIBRF)

Broadstone Net Lease (NYSE:BNL) and Hibernia REIT (OTCMKTS:HIBRF) are both real estate companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, valuation, risk, dividends, earnings, analyst recommendations and institutional ownership.

Insider and Institutional Ownership

89.1% of Broadstone Net Lease shares are owned by institutional investors. Comparatively, 34.9% of Hibernia REIT shares are owned by institutional investors. 0.6% of Broadstone Net Lease shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current recommendations for Broadstone Net Lease and Hibernia REIT, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Broadstone Net Lease	1	3	2	0	2.17
Hibernia REIT	0	0	0	0	N/A

Broadstone Net Lease presently has a consensus target price of $18.25, indicating a potential downside of 0.73%. Given Broadstone Net Lease’s higher possible upside, equities analysts clearly believe Broadstone Net Lease is more favorable than Hibernia REIT.

Valuation & Earnings

This table compares Broadstone Net Lease and Hibernia REIT”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Broadstone Net Lease	$425.82 million	8.14	$155.48 million	$0.96	19.15
Hibernia REIT	N/A	N/A	N/A	N/A	N/A

Broadstone Net Lease has higher revenue and earnings than Hibernia REIT.

Profitability

This table compares Broadstone Net Lease and Hibernia REIT’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Broadstone Net Lease	36.78%	4.86%	2.96%
Hibernia REIT	N/A	N/A	N/A

Summary

Broadstone Net Lease beats Hibernia REIT on 8 of the 8 factors compared between the two stocks.

About Broadstone Net Lease

Broadstone Net Lease, Inc. (the Corporation) is a Maryland corporation formed on October 18, 2007, that elected to be taxed as a real estate investment trust (REIT) commencing with the taxable year ended December 31, 2008. Broadstone Net Lease, LLC (the Corporation’s operating company, or the OP), is the entity through which the Corporation conducts its business and owns (either directly or through subsidiaries) all of the Corporation’s properties. The Corporation is the sole managing member of the OP. The membership units not owned by the Corporation are referred to as OP Units or non-controlling interests. As the Corporation conducts substantially all of its operations through the OP, it is structured as what is referred to as an umbrella partnership real estate investment trust (UPREIT). The Corporation’s common stock is listed on the New York Stock Exchange under the symbol BNL.

About Hibernia REIT

Hibernia REIT plc is an Irish Real Estate Investment Trust (REIT), listed on Euronext Dublin and the London Stock Exchange. Hibernia owns and develops property and specialises in Dublin city centre offices.