Sifting through countless of stocks in the Diversified REITs industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Broadstone Net Lease, Inc. or Federal Realty Investment Trust because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Broadstone Net Lease, Inc. and Federal Realty Investment Trust compare based on key financial metrics to determine which better meets your investment needs.

About Broadstone Net Lease, Inc. and Federal Realty Investment Trust

Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease REIT that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of June 30, 2026, BNL’s diversified portfolio consisted of 766 individual net leased commercial properties with 759 properties located in 44 U.S. states and seven properties located in four Canadian provinces across the industrial, retail, and other property types. Broadstone Net Lease, Inc. was established and incorporated on October 18th, 2017, in Maryland and is based in Victor, New York.

Federal Realty Investment Trust is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets and select underserved regions with strong economic and demographic fundamentals. Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. This includes a portfolio of open-air shopping centers and mixed-use destinations—such as Santana Row, Pike & Rose, and Assembly Row, which together reflect the company's ability to create distinctive, high-performing environments that serve as vibrant destinations for their communities. Federal Realty's 103 properties include approximately 3,700 tenants in 28.8 million commercial square feet, and approximately 2,500 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 59 consecutive years, the longest record in the REIT industry. Federal Realty Investment Trust is based in North Bethesda, Maryland. Federal Realty Investment Trust was incorporated in 1962 in Maryland.

Latest Diversified REITs and Broadstone Net Lease, Inc., Federal Realty Investment Trust Stock News

As of September 2, 2026, Broadstone Net Lease, Inc. had a $4.0 billion market capitalization, compared to the Diversified REITs median of $1.1 million. Broadstone Net Lease, Inc.’s stock is up 21.1% in 2026, down 0.4% in the previous five trading days and up 13.87% in the past year.

Currently, Broadstone Net Lease, Inc.’s price-earnings ratio is 27.8. Broadstone Net Lease, Inc.’s trailing 12-month revenue is $476.2 million with a 30.6% net profit margin. Year-over-year quarterly sales growth most recently was 8.2%. Analysts expect adjusted earnings to reach $0.741 per share for the current fiscal year. Broadstone Net Lease, Inc. currently has a 5.6% dividend yield.

As of September 2, 2026, Federal Realty Investment Trust had a $10.2 billion market cap, putting it in the 78th percentile of all stocks. Federal Realty Investment Trust’s stock is up 16.8% in 2026, up 0.7% in the previous five trading days and up 18.96% in the past year.

Currently, Federal Realty Investment Trust’s price-earnings ratio is 23.8. Federal Realty Investment Trust’s trailing 12-month revenue is $1.3 billion with a 32.7% net profit margin. Year-over-year quarterly sales growth most recently was 7.2%. Analysts expect adjusted earnings to reach $4.220 per share for the current fiscal year. Federal Realty Investment Trust currently has a 3.8% dividend yield.

How We Compare Broadstone Net Lease, Inc. and Federal Realty Investment Trust Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Broadstone Net Lease, Inc. and Federal Realty Investment Trust’s stock grades to see how they measure up against one another.

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Broadstone Net Lease, Inc. and Federal Realty Investment Trust Stock Value Grades

Company	Ticker	Value
Broadstone Net Lease, Inc.	BNL	D
Federal Realty Investment Trust	FRT	D

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Broadstone Net Lease, Inc. has a Value Score of 30, which is Expensive. Federal Realty Investment Trust has a Value Score of 22, which is Expensive.

The Value Stock Winner: No Clear Winner

Neither Broadstone Net Lease, Inc. or Federal Realty Investment Trust has a high enough value grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolio. It’s important to look at a wide range of financial metrics in order to determine if Broadstone Net Lease, Inc. or Federal Realty Investment Trust is the better investment when it comes to value.

Broadstone Net Lease, Inc. and Federal Realty Investment Trust Growth Grades

Company	Ticker	Growth
Broadstone Net Lease, Inc.	BNL	A
Federal Realty Investment Trust	FRT	A

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

Broadstone Net Lease, Inc. has a Growth Score of 95, which is Very Strong. Federal Realty Investment Trust has a Growth Score of 100, which is Very Strong.

The Growth Grade Winner: It’s a Tie!

Looking at the Growth Grade breakdown above, both Broadstone Net Lease, Inc. and Federal Realty Investment Trust have a grade of A. For investors who focus solely on a company’s upward growth, further research should be conducted into both companies’ other financial metrics before deciding whether to invest.

Broadstone Net Lease, Inc. and Federal Realty Investment Trust’s Quality Grades

Company	Ticker	Quality
Broadstone Net Lease, Inc.	BNL	D
Federal Realty Investment Trust	FRT	C

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Broadstone Net Lease, Inc. has a Quality Score of 38, which is Weak. Federal Realty Investment Trust has a Quality Score of 52, which is Average.

The Quality Stock Winner: No Clear Winner

Neither Broadstone Net Lease, Inc. or Federal Realty Investment Trust has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Broadstone Net Lease, Inc. or Federal Realty Investment Trust is the better investment when it comes to quality.

Other Broadstone Net Lease, Inc. and Federal Realty Investment Trust Grades

In addition to Quality, Growth and Value, A+ Investor also provides grades for Momentum and Estimate Revisions.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Earnings estimate revisions scores take into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too).

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Broadstone Net Lease, Inc. and Federal Realty Investment Trust pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Broadstone Net Lease, Inc. or Federal Realty Investment Trust Stock?

Overall, Broadstone Net Lease, Inc. stock has a Value Score of 30, Growth Score of 95 and Quality Score of 38.

Federal Realty Investment Trust stock has a Value Score of 22, Growth Score of 100 and Quality Score of 52.

Comparing Broadstone Net Lease, Inc. and Federal Realty Investment Trust’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.