BXP (BXP) Stock Price, News & Analysis

Company Overview

Boston Properties, Inc. (NYSE: BXP) (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). Including properties owned by joint ventures, BXP's portfolio totals 53.3 million square feet and 188 properties, including 10 properties under construction/redevelopment. BXP's properties include 167 office properties, 14 retail properties (including two retail properties under construction/redevelopment), six residential properties (including one residential property under construction) and one hotel. BXP is well-known for its inhouse building management expertise and responsiveness to clients' needs. BXP holds a superior track record of developing premium Central Business District (CBD) office buildings, successful mixed-use complexes, suburban office centers and build-to-suit projects for a diverse array of creditworthy clients. BXP actively works to promote its growth and operations in a sustainable and responsible manner. BXP has earned a twelfth consecutive GRESB Green Star recognition and the highest GRESB 5-star Rating. BXP, an S&P 500 company, was founded in 1970 by Mortimer B. Zuckerman and Edward H. Linde and became a public company in 1997.

Key Stats

• Today's Range: $64.55 to $65.68
• 50-Day Range: $62.12 to $73.46
• 52-Week Range: $54.22 to $90.11
• Volume: 937,218 shs
• Average Volume: 1.78 million shs
• Market Capitalization: $10.36 billion
• P/E Ratio: 2,182.06
• Dividend Yield: 5.99%
• Price Target: $77.07
• Consensus Rating: Hold

BXP Stock Analysis - MarketRank™

BXP scored higher than 75% of companies evaluated by MarketBeat, and ranked 423rd out of 943 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

BXP has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 7 buy ratings, 7 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

BXP has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 5.21%

Earnings Growth

Earnings for BXP are expected to grow by 5.21% in the coming year, from $6.91 to $7.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BXP is 2,182.06, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of BXP is 2,182.06, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.56.

Price to Earnings Growth Ratio

BXP has a PEG Ratio of 3.62. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

BXP has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.05% of the float of BXP has been sold short.

Short Interest Ratio / Days to Cover

BXP has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in BXP has recently increased by 6.91%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

BXP is a leading dividend payer. It pays a dividend yield of 5.99%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

BXP does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of BXP is 13,066.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, BXP will have a dividend payout ratio of 53.92% next year. This indicates that BXP will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -2.62

Percentage of Shares Shorted

6.05% of the float of BXP has been sold short.

Short Interest Ratio / Days to Cover

BXP has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in BXP has recently increased by 6.91%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.17

News Sentiment

BXP has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.92 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for BXP this week, compared to 6 articles on an average week.

Search Interest

7 people have searched for BXP on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, BXP insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.49% of the stock of BXP is held by insiders.

Percentage Held by Institutions

98.72% of the stock of BXP is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BXP Stock Analysis - Frequently Asked Questions

How have BXP shares performed this year?

BXP's stock was trading at $74.36 on January 1st, 2025. Since then, BXP shares have decreased by 12.0% and is now trading at $65.44.

How were BXP's earnings last quarter?

BXP, Inc. (NYSE:BXP) announced its quarterly earnings data on Tuesday, July, 29th. The real estate investment trust reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.67 by $0.04. The business's revenue was up 2.1% compared to the same quarter last year.
Read the conference call transcript.

Who are BXP's major shareholders?

Top institutional investors of BXP include Vanguard Group Inc. (15.45%), State Street Corp (7.22%), Norges Bank (6.43%) and Geode Capital Management LLC (2.62%). Insiders that own company stock include Carol B Einiger, Matthew J Lustig, Hilary J Spann, Eric G Kevorkian, Donna D Garesche, Peter V Otteni and Raymond A Ritchey.
View institutional ownership trends.

How do I buy shares of BXP?

Shares of BXP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of BXP own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BXP investors own include Meta Platforms (META), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Tesla (TSLA), Visa (V) and Home Depot (HD).

Company Calendar

• Record date for 7/31 Dividend: 6/30/2025
• Ex-Dividend for 7/31 Dividend: 6/30/2025
• Last Earnings: 7/29/2025
• Dividend Payable: 7/31/2025
• Today: 8/17/2025
• Next Earnings (Estimated): 11/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Office REITs
• Current Symbol: NYSE:BXP
• CIK: 1037540
• Web: www.bostonproperties.com
• Phone: (617) 236-3300
• Fax: 302-655-5049
• Employees: 780
• Year Founded: 1970

Price Target and Rating

• Average Price Target for BXP: $77.07
• High Price Target: $88.00
• Low Price Target: $65.00
• Potential Upside/Downside: +17.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.03
• Trailing P/E Ratio: 2,182.06
• Forward P/E Ratio: 9.47
• P/E Growth: 3.62
• Net Income: $14.27 million
• Net Margins: 0.11%
• Pretax Margin: 2.22%
• Return on Equity: 3.89%
• Return on Assets: 1.20%

Debt

• Debt-to-Equity Ratio: 2.06
• Current Ratio: 3.76
• Quick Ratio: 3.76

Sales & Book Value

• Annual Sales: $3.41 billion
• Price / Sales: 3.04
• Cash Flow: $7.64 per share
• Price / Cash Flow: 8.56
• Book Value: $49.55 per share
• Price / Book: 1.32

Miscellaneous

• Outstanding Shares: 158,380,000
• Free Float: 156,016,000
• Market Cap: $10.36 billion
• Optionable: Optionable
• Beta: 1.17