MetaCap

Broadstone Net Lease (BNL) vs Howard Hughes (HHH)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Broadstone Net Lease (BNL) has outperformed Howard Hughes (HHH) over the past year, losing 1.5% versus a loss of 13.6%. Over five years, HHH leads with a -17.2% price change compared with -29.6% for BNL. Howard Hughes is the larger company by market cap ($4.21 billion vs $3.83 billion), about 1.1 times the size, while Broadstone Net Lease is growing revenue faster (+5.2% vs -15.8%).

On valuation, Broadstone Net Lease trades at a lower forward P/E (26.1x vs 69.1x for Howard Hughes). Broadstone Net Lease pays a dividend yielding 6.48%, while Howard Hughes does not currently pay one. Broadstone Net Lease converts more of its revenue into profit, with a net margin of 21.2% versus 8.4%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BNL-1.51%HHH-13.56%
+26%-2%-30%
Oct 7, 20251 yearOct 7, 2026
BNL-27.69%HHH-14.66%
+22%-13%-49%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BNL versus HHH key metrics
MetricBNLHHH
Share price$17.98$70.49
Market cap$3.83B$4.21B
1-day change-1.67%-1.90%
YTD return+5.24%-9.93%
1-year return-1.51%-13.56%
5-year return-29.56%-17.20%
P/E ratio (TTM)23.6514.27
Forward P/E26.1369.10
EPS (TTM)$0.76$4.94
Dividend yield6.48%0.00%
Annual dividend$1.17$0.00
Revenue (latest FY)$454.14M$1.47B
Revenue growth (YoY)+5.17%-15.75%
Net income (latest FY)$96.50M$123.90M
Operating margin—22.48%
Net margin21.25%8.40%
52-week high$23.10$91.07
52-week low$17.16$60.09
Distance from 52-week high-22.19%-22.60%
Analyst consensusbuybuy
Avg. price target upside+31.29%+27.22%
Average volume2.03M573.99K
Shares outstanding204.60M59.72M
Employees62500
SectorReal EstateReal Estate
IndustryReal Estate Investment TrustsReal Estate Investment Trusts

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • BNL has outperformed HHH by 12.1 percentage points over the past year.
  • Broadstone Net Lease trades at a higher earnings multiple (23.7x vs 14.3x trailing P/E).
  • Broadstone Net Lease offers a meaningfully higher dividend yield (6.48% vs 0.00%).
  • Broadstone Net Lease is more profitable, keeping 21.2 cents of every revenue dollar as net income versus 8.4 cents for Howard Hughes.
  • Broadstone Net Lease grew revenue faster in its latest fiscal year (+5.17% vs -15.75%).

About Broadstone Net Lease

BNL stock →

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.

Real Estate · Real Estate Investment Trusts · 62 employees

About Howard Hughes

HHH stock →

Howard Hughes Holdings Inc., together with its subsidiaries, develops master planned communities (MPCs) in the United States. It operates through three segments: Operating Assets, MPC, and Strategic Developments.

Real Estate · Real Estate Investment Trusts · 500 employees

BNL vs HHH FAQ

Which is bigger, Broadstone Net Lease or Howard Hughes?

Howard Hughes (HHH) is larger, with a market capitalization of $4.21B compared with $3.83B for Broadstone Net Lease (BNL).

Which stock has performed better over the past year, BNL or HHH?

BNL returned -1.51% over the past 12 months, compared with -13.56% for HHH (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, BNL or HHH?

HHH has the lower trailing P/E at 14.3, versus 23.7 for BNL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Broadstone Net Lease or Howard Hughes?

Broadstone Net Lease pays a dividend yielding 6.48%, while Howard Hughes does not currently pay a regular dividend.

Are Broadstone Net Lease and Howard Hughes in the same industry?

Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.

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