Boston Properties (NYSE: BXP) is one of the largest publicly-held developers and owners of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires and owns a diverse portfolio of primarily Class A office space. The Company's portfolio totals 52.7 million square feet and 200 properties, including fourteen properties under construction.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Phone617-236-3300
Debt
Current Ratio3.74
Quick Ratio3.74
Price-To-Earnings
Sales & Book Value
Annual Sales$2.60 billion
Price / Sales7.06
Price / Cash Flow16.88
Price / Book2.32
Profitability
Net Income$462.43 million
Net Margins20.18%
Return on Assets2.72%
Miscellaneous
Employees740
OptionableOptionable
Boston Properties (NYSE:BXP) Frequently Asked Questions
What is Boston Properties' stock symbol?
Boston Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "BXP."
How often does Boston Properties pay dividends? What is the dividend yield for Boston Properties?
Boston Properties announced a quarterly dividend on Monday, December 17th. Stockholders of record on Monday, December 31st will be paid a dividend of $0.95 per share on Wednesday, January 30th. This represents a $3.80 annualized dividend and a dividend yield of 3.20%. The ex-dividend date is Friday, December 28th. This is a positive change from Boston Properties's previous quarterly dividend of $0.80. View Boston Properties' Dividend History.
How were Boston Properties' earnings last quarter?
Boston Properties, Inc. (NYSE:BXP) posted its quarterly earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.77 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.72 by $0.05. The real estate investment trust had revenue of $686.28 million for the quarter, compared to the consensus estimate of $674.30 million. Boston Properties had a return on equity of 6.75% and a net margin of 20.18%. The firm's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.76 EPS. View Boston Properties' Earnings History.
When is Boston Properties' next earnings date?
What guidance has Boston Properties issued on next quarter's earnings?
Boston Properties issued an update on its FY19 earnings guidance on Tuesday, October, 30th. The company provided earnings per share (EPS) guidance of $6.75 - $6.92 for the period, compared to the Thomson Reuters consensus estimate of $6.81. Boston Properties also updated its Q4 guidance to $1.68-1.70 EPS.
What price target have analysts set for BXP?
17 brokerages have issued 12 month target prices for Boston Properties' shares. Their predictions range from $125.00 to $145.00. On average, they anticipate Boston Properties' share price to reach $134.7857 in the next year. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Boston Properties.
What is the consensus analysts' recommendation for Boston Properties?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boston Properties in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Boston Properties.
Has Boston Properties been receiving favorable news coverage?
Media coverage about BXP stock has trended positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Boston Properties earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the near term.
Who are some of Boston Properties' key competitors?
Some companies that are related to Boston Properties include American Tower (AMT), Simon Property Group (SPG), CROWN CASTLE IN/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), SBA Communications (SBAC), Realty Income (O), Weyerhaeuser (WY) and Essex Property Trust (ESS).
Who are Boston Properties' key executives?
Boston Properties' management team includes the folowing people:
- Mr. Owen David Thomas, CEO & Director (Age 56)
- Mr. Douglas T. Linde, Pres & Director (Age 54)
- Mr. Michael E. LaBelle, Exec. VP, Treasurer & CFO (Age 54)
- Mr. Raymond A. Ritchey, Sr. Exec. VP (Age 67)
- Mr. Bryan J. Koop, Exec. VP of Boston Region (Age 59)
Who are Boston Properties' major shareholders?
Boston Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Resolution Capital Ltd (3.89%), Timbercreek Investment Management Inc. (0.08%), State of Alaska Department of Revenue (0.05%), Daiwa SB Investments Ltd. (0.03%), Gulf International Bank UK Ltd (0.02%) and DNB Asset Management AS (0.01%). Company insiders that own Boston Properties stock include Bryan J Koop, Frank D Burt, Peter D Johnston, Raymond A Ritchey and Robert E Pester. View Institutional Ownership Trends for Boston Properties.
Which major investors are selling Boston Properties stock?
BXP stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, Fox Run Management L.L.C., DNB Asset Management AS, Louisiana State Employees Retirement System, Blue Fin Capital Inc., First Hawaiian Bank, Gateway Investment Advisers LLC and West Oak Capital LLC. View Insider Buying and Selling for Boston Properties.
Which major investors are buying Boston Properties stock?
BXP stock was acquired by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Daiwa SB Investments Ltd., Timbercreek Investment Management Inc., First Citizens Bank & Trust Co., State of Alaska Department of Revenue, Ipswich Investment Management Co. Inc., Bogart Wealth LLC and Moody National Bank Trust Division. View Insider Buying and Selling for Boston Properties.
How do I buy shares of Boston Properties?
Shares of BXP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Boston Properties' stock price today?
One share of BXP stock can currently be purchased for approximately $118.85.
How big of a company is Boston Properties?
Boston Properties has a market capitalization of $18.24 billion and generates $2.60 billion in revenue each year. Boston Properties employs 740 workers across the globe.
What is Boston Properties' official website?
How can I contact Boston Properties?
Boston Properties' mailing address is PRUDENTIAL CENTER 800 BOYLSTON STREET SUITE 1900, BOSTON MA, 02199. The real estate investment trust can be reached via phone at 617-236-3300.
MarketBeat Community Rating for Boston Properties (NYSE BXP)
MarketBeat's community ratings are surveys of what our community members think about Boston Properties and other stocks. Vote "Outperform" if you believe BXP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BXP will underperform the S&P 500 over the long term. You may vote once every thirty days.
