Boston Properties Company Profile (NYSE:BXP)

About Boston Properties

Boston Properties logoBoston Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and developing office properties in the United States. The Company's properties are concentrated in four markets: Boston, New York, San Francisco and Washington, DC. The Company conducts all of its business through its subsidiary, Boston Properties Limited Partnership. The Company considers office/technical properties to be properties that support office, research and development, laboratory and other technical uses. The Company is also engaged in providing resources in acquisitions, development, financing, capital markets, construction management, property management, marketing, leasing, accounting, risk management, tax and legal services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Exchange: NYSE
  • Symbol: BXP
  • CUSIP: 10112110
Key Metrics:
  • Previous Close: $137.47
  • 50 Day Moving Average: $139.75
  • 200 Day Moving Average: $132.77
  • 52-Week Range: $107.28 - $144.02
  • Trailing P/E Ratio: 35.48
  • Foreward P/E Ratio: 21.66
  • P/E Growth: 3.11
  • Market Cap: $21.27B
  • Outstanding Shares: 153,693,000
  • Beta: 0.76
  • Net Margins: 24.01%
  • Return on Equity: 7.89%
  • Return on Assets: 3.24%
  • Debt-to-Equity Ratio: 0.81%
  • Current Ratio: 0.50%
  • Quick Ratio: 0.50%
Additional Links:
Companies Related to Boston Properties:

Analyst Ratings

Consensus Ratings for Boston Properties (NYSE:BXP) (?)
Ratings Breakdown: 9 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $144.16 (4.17% upside)

Analysts' Ratings History for Boston Properties (NYSE:BXP)
DateFirmActionRatingPrice TargetDetails
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
8/22/2016Jefferies GroupLower Price TargetHold$141.00 -> $138.00View Rating Details
8/22/2016Evercore ISIDowngradeBuy -> Hold$147.00 -> $149.00View Rating Details
8/11/2016JPMorgan Chase & Co.Boost Price TargetNeutral$133.00 -> $144.00View Rating Details
7/28/2016DA DavidsonBoost Price TargetNeutral$140.00 -> $145.00View Rating Details
7/28/2016MizuhoBoost Price TargetNeutral$125.00 -> $131.00View Rating Details
7/25/2016Morgan StanleyDowngradeOverweight -> Equal Weight$140.00 -> $145.00View Rating Details
7/19/2016Barclays PLCBoost Price TargetOverweight$149.00 -> $159.00View Rating Details
7/18/2016Deutsche Bank AGReiterated RatingBuy$151.00 -> $152.00View Rating Details
5/12/2016SunTrust Banks Inc.Boost Price TargetNeutral$121.00 -> $134.00View Rating Details
5/5/2016ArgusBoost Price TargetBuy$137.00 -> $143.00View Rating Details
5/4/2016Citigroup Inc.Boost Price TargetBuy$127.00 -> $147.00View Rating Details
4/28/2016Stifel NicolausReiterated RatingBuy$130.00 -> $140.00View Rating Details
4/27/2016BMO Capital MarketsReiterated RatingBuyView Rating Details
2/26/2016Capital One Financial Corp.DowngradeOverweight -> Equal WeightView Rating Details
1/19/2016Credit Suisse Group AGBoost Price TargetOutperform$118.45 -> $144.00View Rating Details
1/4/2016Royal Bank Of CanadaDowngradeTop Pick -> Outperform$155.00View Rating Details
11/13/2015BB&T Corp.Initiated CoverageBuy$144.50 -> $144.50View Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetBuy$140.00 -> $133.00View Rating Details
7/13/2015Goldman Sachs Group Inc.Reiterated RatingBuy$160.00 -> $150.00View Rating Details
1/30/2015Cantor FitzgeraldReiterated RatingBuy$144.50View Rating Details
1/13/2015Robert W. BairdBoost Price TargetNeutral$128.00 -> $132.00View Rating Details
(Data available from 9/29/2014 forward)


Earnings History for Boston Properties (NYSE:BXP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2016Q216$1.39$1.43$612.38 million$623.50 millionViewListenView Earnings Details
4/26/2016Q116$1.59$1.63$644.49 million$665.99 millionViewListenView Earnings Details
2/3/2016Q415$1.27$1.28$618.63 million$624.30 millionViewListenView Earnings Details
10/29/2015Q315$1.37$1.41$610.86 million$629.90 millionViewListenView Earnings Details
7/29/2015Q215$1.34$1.36$603.80 million$618.22 millionViewListenView Earnings Details
4/27/2015Q115$1.24$1.30$595.60 million$618.50 millionViewListenView Earnings Details
1/29/2015Q414$1.26$1.26$588.63 million$595.68 millionViewListenView Earnings Details
10/28/2014Q314$1.37$1.46$584.00 million$618.80 millionViewListenView Earnings Details
7/29/2014Q214$0.19$1.35$1.87 billion$589.79 millionViewListenView Earnings Details
4/29/2014Q114$1.24$1.20$557.59 millionViewListenView Earnings Details
1/29/2014Q413$0.14$1.29$66.12 million$576.20 millionViewListenView Earnings Details
10/30/2013Q313$1.28$1.29$512.60 million$574.08 millionViewListenView Earnings Details
5/1/2013$1.21$1.06$470.17 million$483.01 millionViewListenView Earnings Details
1/29/2013Q4 2012$1.24$1.27$461.02 million$485.41 millionViewListenView Earnings Details
10/23/2012$1.17$1.16ViewN/AView Earnings Details
8/6/2012$1.24$1.24ViewN/AView Earnings Details
5/1/2012$1.13$1.13ViewN/AView Earnings Details
1/31/2012$1.19$1.21ViewN/AView Earnings Details
10/25/2011$1.24$1.29ViewN/AView Earnings Details
5/2/2011$1.09$1.13ViewN/AView Earnings Details
1/25/2011$0.61$0.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Boston Properties (NYSE:BXP)
Current Year EPS Consensus Estimate: $5.97 EPS
Next Year EPS Consensus Estimate: $6.39 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$1.30$1.58$1.41
Q2 20165$1.38$1.41$1.40
Q3 20165$1.41$1.46$1.44
Q4 20165$1.46$1.51$1.49
Q1 20173$1.50$1.55$1.53
Q2 20173$1.58$1.64$1.61
Q3 20173$1.60$1.69$1.63
Q4 20173$1.62$1.66$1.64
(Data provided by Zacks Investment Research)


Current Dividend Information for Boston Properties (NYSE:BXP)
Annual Dividend:$2.60
Dividend Yield:1.88%
Dividend Growth:5.70% (3 Year Average)
Payout Ratio:66.50% (Based on Trailing 12 Months of Earnings)
43.55% (Based on Current Year Consensus EPS Estimate)
40.69% (Based on Next Year Consensus EPS Estimate)

Dividend History for Boston Properties (NYSE:BXP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Boston Properties (NYSE:BXP)
Insider Ownership Percentage: 6.17%
Institutional Ownership Percentage: 95.57%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/17/2016John Francis PowersInsiderSell10,000$141.90$1,419,000.00View SEC Filing  
8/10/2016Peter D. JohnstonInsiderSell7,111$143.25$1,018,650.75View SEC Filing  
8/3/2016Martin TurchinDirectorSell1,504$140.31$211,026.24View SEC Filing  
8/1/2016Frank D BurtInsiderSell4,573$142.26$650,554.98View SEC Filing  
6/14/2016Karen E DykstraDirectorBuy1,500$126.48$189,720.00View SEC Filing  
6/13/2016Raymond A RitcheyEVPSell35,000$127.14$4,449,900.00View SEC Filing  
6/10/2016Peter D JohnstonEVPSell5,416$128.66$696,822.56View SEC Filing  
6/1/2016Joel KleinDirectorSell910$126.28$114,914.80View SEC Filing  
6/4/2015Raymond A RitcheyEVPSell50,000$127.57$6,378,500.00View SEC Filing  
5/14/2015David A TwardockDirectorSell2,080$132.68$275,974.40View SEC Filing  
3/12/2015Bryan J KoopSVPSell3,667$136.51$500,582.17View SEC Filing  
3/5/2015Robert E PesterSVPSell5,909$139.39$823,655.51View SEC Filing  
2/23/2015Frank D BurtSVPSell4,000$140.12$560,480.00View SEC Filing  
2/13/2015Peter D JohnstonSVPSell13,488$141.11$1,903,291.68View SEC Filing  
2/10/2015Carol B EinigerDirectorSell6,936$140.71$975,964.56View SEC Filing  
2/5/2015Alan J PatricofDirectorSell7,418$141.70$1,051,130.60View SEC Filing  
6/13/2014Peter D JohnstonSVPSell4,386$116.65$511,626.90View SEC Filing  
5/30/2014Raymond A RitcheyEVPSell52,615$119.98$6,312,747.70View SEC Filing  
5/27/2014Frank D BurtSVPSell3,833$118.93$455,858.69View SEC Filing  
5/27/2014Martin TurchinDirectorSell2,216$120.32$266,629.12View SEC Filing  
5/15/2014Robert PesterSVPSell10,734$118.48$1,271,764.32View SEC Filing  
5/14/2014Bryan KoopSVPSell10,000$118.62$1,186,200.00View SEC Filing  
5/6/2014Douglas LindePresidentSell20,000$117.24$2,344,800.00View SEC Filing  
5/5/2014Frank BurtSVPSell2,500$118.11$295,275.00View SEC Filing  
2/24/2014Peter JohnstonSVPSell5,720$111.35$636,922.00View SEC Filing  
6/18/2013Owen D ThomasCEOBuy9,002$111.10$1,000,122.20View SEC Filing  
5/17/2013Robert E SelsamSVPSell1,856$112.01$207,890.56View SEC Filing  
5/16/2013Robert E PesterSVPSell13,011$111.71$1,453,458.81View SEC Filing  
3/13/2013Douglas T LindePresidentSell35,000$104.82$3,668,700.00View SEC Filing  
11/14/2012Frank D BurtSVPSell2,500$101.60$254,000.00View SEC Filing  
8/24/2012Michael E LabelleCFOSell1,087$111.55$121,254.85View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Boston Properties (NYSE:BXP)
DateHeadline logoEx-Dividend Reminder: Starwood Property Trust, Boston Properties and LaSalle Hotel Properties (NYSE:BXP) - September 26 at 4:13 PM logoAEW Capital Knows Real Estate and These Are Its Top Picks (NYSE:BXP) - September 22 at 4:10 PM logoBoston Properties' (BXP) Bank of America Merrill Lynch Global Real Estate Brokers Conference (Transcript) - Seeking Alpha (NYSE:BXP) - September 17 at 8:49 AM logoBoston Properties, Inc. breached its 50 day moving average in a Bearish Manner : BXP-US : September 12, 2016 (NYSE:BXP) - September 12 at 3:53 PM logoBoston Properties to Participate in the Bank of America Merrill Lynch 2016 Global Real Estate Conference (NYSE:BXP) - September 10 at 8:46 AM logoETF’s with exposure to Boston Properties, Inc. : September 7, 2016 (NYSE:BXP) - September 7 at 4:04 PM logoPaid parking at Reston Town Center postponed (NYSE:BXP) - September 7 at 4:04 PM logoBoston Properties to Participate in the Evercore ISI 2016 Real Estate Conference (NYSE:BXP) - September 6 at 8:58 PM logoBoston Properties : Meiji Yasuda Life Insurance Co buys $3,299,142 stake in Boston Properties (BXP) (NYSE:BXP) - September 1 at 12:29 PM
News IconBoston Properties Inc. (NYSE:BXP) from REIT – Office – Todays Top Gains (NYSE:BXP) - August 24 at 3:59 PM
News IconREIT – Office: Boston Properties Inc. (NYSE:BXP) Position of the day (NYSE:BXP) - August 21 at 8:41 AM logoBOSTON PROPERTIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:BXP) - August 17 at 9:28 PM
News IconTop Gainers of the Day: Boston Properties Inc. (NYSE:BXP) from REIT – Office (NYSE:BXP) - August 17 at 12:14 PM logoThousands petition to stop paid parking at Reston Town Center (NYSE:BXP) - August 16 at 9:16 PM logoHere's how paid parking at Reston Town Center will work (NYSE:BXP) - August 15 at 4:12 PM logoBOSTON PROPERTIES INC Financials (NYSE:BXP) - August 11 at 4:08 PM logoSan Francisco's largest office landlord pitches Oakland tower next to BART (NYSE:BXP) - August 10 at 6:43 PM logoFitch Rates Boston Properties' Senior Unsecured Notes Due 2026 'BBB+'; Outlook Stable (NYSE:BXP) - August 9 at 12:56 PM logoBoston Properties Prices $1.0 Billion Offering of Senior Unsecured Notes (NYSE:BXP) - August 8 at 9:26 PM logoBRIEF-Boston Properties prices $1 bln offering of senior unsecured notes (NYSE:BXP) - August 8 at 7:03 PM
News IconIs Boston Properties Inc. (NYSE:BXP), a large market cap stock a smart buy? (NYSE:BXP) - August 8 at 4:03 PM
News IconLeading stocks in today’s market: Boston Properties Inc. (NYSE:BXP) (NYSE:BXP) - August 5 at 9:25 PM logoBOSTON PROPERTIES INC Files SEC form 10-Q, Quarterly Report (NYSE:BXP) - August 4 at 9:44 PM
News IconUpdate on Boston Properties Inc. (NYSE:BXP) for the day (NYSE:BXP) - August 4 at 4:09 PM logoBoston Properties, Inc. :BXP-US: Earnings Analysis: Q2, 2016 By the Numbers : August 2, 2016 (NYSE:BXP) - August 2 at 4:07 PM logoReston core to expand southward as JBG advances major additions for RTC West (NYSE:BXP) - August 1 at 4:00 PM logoClark Enterprises aims to shed prime building near Union Station (NYSE:BXP) - August 1 at 4:00 PM logoRay Ritchey is a D.C. legend. Just don’t tell him that. (NYSE:BXP) - July 29 at 3:28 PM logoEdited Transcript of BXP earnings conference call or presentation 27-Jul-16 2:00pm GMT (NYSE:BXP) - July 27 at 1:26 PM logoBoston Properties (BXP) Q2 FFO Beats, Revenues Increase (NYSE:BXP) - July 27 at 10:20 AM logoBoston Properties Inc Earnings Call scheduled for 10:00 am ET today (NYSE:BXP) - July 27 at 10:00 AM logoBOSTON PROPERTIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh (NYSE:BXP) - July 27 at 6:04 AM logoBoston Properties Updates Earnings Guidance - Quick Facts (NYSE:BXP) - July 26 at 10:00 PM logoBoston Properties Inc. Earnings Rise 6% In Q2 (NYSE:BXP) - July 26 at 10:00 PM logoBoston Properties : Posts Higher FFO, Boosts Guidance (NYSE:BXP) - July 26 at 10:00 PM
News IconBoston Properties Announces Second Quarter 2016 Results (NYSE:BXP) - July 26 at 10:00 PM logoBoston Properties reports 2Q results (NYSE:BXP) - July 26 at 5:39 PM logoQ2 2016 Boston Properties Inc Earnings Release - After Market Close (NYSE:BXP) - July 26 at 7:07 AM logoBoston Properties (BXP) Q2 Earnings: What's in Store? (NYSE:BXP) - July 25 at 5:28 PM logoBoston Properties downgraded by Morgan Stanley (NYSE:BXP) - July 25 at 7:03 AM logoBoston Properties, Inc. : BXP-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : July 20, 2016 (NYSE:BXP) - July 20 at 11:23 AM logoDeutsche Bank Maintains Rating And Raises Price Target On Boston Properties, Inc. Common (BXP) (NYSE:BXP) - July 19 at 10:14 AM logoDeutsche Bank recorded (NYSE:BXP) Boston Properties Inc., hiking its target price to $152 today (NYSE:BXP) - July 19 at 10:14 AM logo3 REIT Picks from Stifel: Focusing on Fundamentals (NYSE:BXP) - July 18 at 1:12 PM logoBoston Properties to Release Second Quarter 2016 Financial Results on July 26, 2016 (NYSE:BXP) - July 14 at 4:48 PM logoBoston Properties Completes the Acquisition of Colorado Center in Santa Monica, California (NYSE:BXP) - July 6 at 4:01 PM logoExclusive: San Francisco's largest office landlord moves to build housing in Oakland (NYSE:BXP) - July 5 at 9:34 PM logoSeek safety in REITs (NYSE:BXP) - June 27 at 1:58 PM logoBoston Properties, Inc. : BXP-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : June 27, 2016 (NYSE:BXP) - June 27 at 1:22 PM logo6 ways Brexit could impact Washington business (NYSE:BXP) - June 24 at 3:35 PM


Boston Properties (NYSE:BXP) Chart for Thursday, September, 29, 2016

Last Updated on 9/29/2016 by Staff