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: $139.31
  • 50 Day Moving Average: $139.61
  • 200 Day Moving Average: $128.68
  • Trailing P/E Ratio: 35.72
  • Foreward P/E Ratio: 21.78
  • P/E Growth: 3.16
  • Market Cap: $21.41B
  • Outstanding Shares: 153,693,000
  • Beta: 0.74
Additional Links:
Companies Related to Boston Properties:

Analyst Ratings

Consensus Ratings for Boston Properties (NYSE:BXP) (?)
Ratings Breakdown: 9 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.53)
Consensus Price Target: $143.50 (3.11% upside)

Analysts' Ratings History for Boston Properties (NYSE:BXP)
Show:
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
9/17/2014Wells Fargo & Co.Initiated CoverageOutperformView Rating Details
(Data available from 8/27/2014 forward)

Earnings

Earnings History for Boston Properties (NYSE:BXP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
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)

Estimates

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)

Dividends

Current Dividend Information for Boston Properties (NYSE:BXP)
Annual Dividend:$2.60
Dividend Yield:1.87%
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 Growth:5.70% (3 Year Average)

Dividend History for Boston Properties (NYSE:BXP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/16/2016quarterly$0.652.05%6/28/20166/30/20167/29/2016
3/9/2016quarterly$0.652.22%3/29/20163/31/20164/29/2016
12/17/2015special$1.252.02%12/29/201512/31/20151/28/2016
9/16/2015quarterly$0.652.18%9/28/20159/30/201510/30/2015
6/17/2015quarterly$0.652.03%6/26/20156/30/20157/31/2015
3/18/2015quarterly$0.651.84%3/27/20153/31/20154/30/2015
12/8/2014special$4.501.95%12/29/201412/31/20141/28/2015
9/11/2014quarterly$0.652.25%9/26/20149/30/201410/31/2014
6/19/2014quarterly$0.652.2%6/26/20146/30/20147/31/2014
3/18/2014quarterly$0.652.32%3/27/20143/31/20144/30/2014
12/2/2013quarterly$0.652.61%12/27/201312/31/20121/29/2014
12/2/2013special$2.252.61%12/27/201312/31/20131/29/2014
9/18/2013quarterly$0.652.34%9/26/20139/30/201310/31/2013
6/18/2013quarterly$0.652.42%6/26/20136/28/20137/31/2013
3/11/2013quarterly$0.652.48%3/26/20133/29/20134/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Boston Properties (NYSE:BXP)
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)

Headlines

Latest Headlines for Boston Properties (NYSE:BXP)
DateHeadline
News IconBoston Properties Inc. (NYSE:BXP) from REIT – Office – Todays Top Gains (NYSE:BXP)
twincountynews.com - August 24 at 3:59 PM
News IconREIT – Office: Boston Properties Inc. (NYSE:BXP) Position of the day (NYSE:BXP)
twincountynews.com - August 21 at 8:41 AM
biz.yahoo.com logoBOSTON PROPERTIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:BXP)
biz.yahoo.com - August 17 at 9:28 PM
News IconTop Gainers of the Day: Boston Properties Inc. (NYSE:BXP) from REIT – Office (NYSE:BXP)
twincountynews.com - August 17 at 12:14 PM
bizjournals.com logoThousands petition to stop paid parking at Reston Town Center (NYSE:BXP)
www.bizjournals.com - August 16 at 9:16 PM
bizjournals.com logoHere's how paid parking at Reston Town Center will work (NYSE:BXP)
www.bizjournals.com - August 15 at 4:12 PM
finance.yahoo.com logoBOSTON PROPERTIES INC Financials (NYSE:BXP)
finance.yahoo.com - August 11 at 4:08 PM
bizjournals.com logoSan Francisco's largest office landlord pitches Oakland tower next to BART (NYSE:BXP)
feeds.bizjournals.com - August 10 at 6:43 PM
reuters.com logoFitch Rates Boston Properties' Senior Unsecured Notes Due 2026 'BBB+'; Outlook Stable (NYSE:BXP)
www.reuters.com - August 9 at 12:56 PM
publicnow.com logoBoston Properties Prices $1.0 Billion Offering of Senior Unsecured Notes (NYSE:BXP)
www.publicnow.com - August 8 at 9:26 PM
feeds.reuters.com logoBRIEF-Boston Properties prices $1 bln offering of senior unsecured notes (NYSE:BXP)
feeds.reuters.com - August 8 at 7:03 PM
News IconIs Boston Properties Inc. (NYSE:BXP), a large market cap stock a smart buy? (NYSE:BXP)
twincountynews.com - August 8 at 4:03 PM
News IconLeading stocks in today’s market: Boston Properties Inc. (NYSE:BXP) (NYSE:BXP)
twincountynews.com - August 5 at 9:25 PM
biz.yahoo.com logoBOSTON PROPERTIES INC Files SEC form 10-Q, Quarterly Report (NYSE:BXP)
biz.yahoo.com - August 4 at 9:44 PM
News IconUpdate on Boston Properties Inc. (NYSE:BXP) for the day (NYSE:BXP)
twincountynews.com - August 4 at 4:09 PM
capitalcube.com logoBoston Properties, Inc. :BXP-US: Earnings Analysis: Q2, 2016 By the Numbers : August 2, 2016 (NYSE:BXP)
www.capitalcube.com - August 2 at 4:07 PM
bizjournals.com logoReston core to expand southward as JBG advances major additions for RTC West (NYSE:BXP)
www.bizjournals.com - August 1 at 4:00 PM
bizjournals.com logoClark Enterprises aims to shed prime building near Union Station (NYSE:BXP)
www.bizjournals.com - August 1 at 4:00 PM
bizjournals.com logoRay Ritchey is a D.C. legend. Just don’t tell him that. (NYSE:BXP)
www.bizjournals.com - July 29 at 3:28 PM
finance.yahoo.com logoEdited Transcript of BXP earnings conference call or presentation 27-Jul-16 2:00pm GMT (NYSE:BXP)
finance.yahoo.com - July 27 at 1:26 PM
finance.yahoo.com logoBoston Properties (BXP) Q2 FFO Beats, Revenues Increase (NYSE:BXP)
finance.yahoo.com - July 27 at 10:20 AM
biz.yahoo.com logoBoston Properties Inc Earnings Call scheduled for 10:00 am ET today (NYSE:BXP)
biz.yahoo.com - July 27 at 10:00 AM
biz.yahoo.com logoBOSTON PROPERTIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh (NYSE:BXP)
biz.yahoo.com - July 27 at 6:04 AM
rttnews.com logoBoston Properties Updates Earnings Guidance - Quick Facts (NYSE:BXP)
www.rttnews.com - July 26 at 10:00 PM
nasdaq.com logoBoston Properties Inc. Earnings Rise 6% In Q2 (NYSE:BXP)
www.nasdaq.com - July 26 at 10:00 PM
4-traders.com logoBoston Properties : Posts Higher FFO, Boosts Guidance (NYSE:BXP)
www.4-traders.com - July 26 at 10:00 PM
News IconBoston Properties Announces Second Quarter 2016 Results (NYSE:BXP)
itbusinessnet.com - July 26 at 10:00 PM
sg.finance.yahoo.com logoBoston Properties reports 2Q results (NYSE:BXP)
sg.finance.yahoo.com - July 26 at 5:39 PM
biz.yahoo.com logoQ2 2016 Boston Properties Inc Earnings Release - After Market Close (NYSE:BXP)
biz.yahoo.com - July 26 at 7:07 AM
finance.yahoo.com logoBoston Properties (BXP) Q2 Earnings: What's in Store? (NYSE:BXP)
finance.yahoo.com - July 25 at 5:28 PM
finance.yahoo.com logoBoston Properties downgraded by Morgan Stanley (NYSE:BXP)
finance.yahoo.com - July 25 at 7:03 AM
capitalcube.com logoBoston Properties, Inc. : BXP-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : July 20, 2016 (NYSE:BXP)
www.capitalcube.com - July 20 at 11:23 AM
fidaily.com logoDeutsche Bank Maintains Rating And Raises Price Target On Boston Properties, Inc. Common (BXP) (NYSE:BXP)
www.fidaily.com - July 19 at 10:14 AM
breakingfinancenews.com logoDeutsche Bank recorded (NYSE:BXP) Boston Properties Inc., hiking its target price to $152 today (NYSE:BXP)
breakingfinancenews.com - July 19 at 10:14 AM
blogs.barrons.com logo3 REIT Picks from Stifel: Focusing on Fundamentals (NYSE:BXP)
blogs.barrons.com - July 18 at 1:12 PM
publicnow.com logoBoston Properties to Release Second Quarter 2016 Financial Results on July 26, 2016 (NYSE:BXP)
www.publicnow.com - July 14 at 4:48 PM
finance.yahoo.com logoBoston Properties Completes the Acquisition of Colorado Center in Santa Monica, California (NYSE:BXP)
finance.yahoo.com - July 6 at 4:01 PM
bizjournals.com logoExclusive: San Francisco's largest office landlord moves to build housing in Oakland (NYSE:BXP)
feeds.bizjournals.com - July 5 at 9:34 PM
finance.yahoo.com logoSeek safety in REITs (NYSE:BXP)
finance.yahoo.com - June 27 at 1:58 PM
capitalcube.com logoBoston Properties, Inc. : BXP-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : June 27, 2016 (NYSE:BXP)
www.capitalcube.com - June 27 at 1:22 PM
bizjournals.com logo6 ways Brexit could impact Washington business (NYSE:BXP)
www.bizjournals.com - June 24 at 3:35 PM
capitalcube.com logoBoston Properties, Inc. breached its 50 day moving average in a Bullish Manner : BXP-US : June 24, 2016 (NYSE:BXP)
www.capitalcube.com - June 24 at 8:39 AM
businesswire.com logoBoston Properties Declares Regular Quarterly Dividends (NYSE:BXP)
www.businesswire.com - June 16 at 9:21 PM
bizjournals.com logoExclusive: WeWork in talks to open seventh S.F. location in huge downtown complex (NYSE:BXP)
feeds.bizjournals.com - June 16 at 8:57 PM
forbes.com logoTop Buys by Directors: Dykstra's $189.7K Bet on BXP (NYSE:BXP)
www.forbes.com - June 15 at 5:42 PM
capitalcube.com logoBoston Properties, Inc. breached its 50 day moving average in a Bullish Manner : BXP-US : June 10, 2016 (NYSE:BXP)
www.capitalcube.com - June 10 at 8:08 AM
finance.yahoo.com logoHere’s why you shouldn’t freak out about a housing bubble (NYSE:BXP)
finance.yahoo.com - June 8 at 3:32 PM
bizjournals.com logoBoston Properties seeks buyers for site near FBI's proposed Springfield headquarters (NYSE:BXP)
www.bizjournals.com - June 6 at 3:15 PM
forbes.com logoBoston Properties' Series B Preferred Stock Shares Cross 5% Yield Mark (NYSE:BXP)
www.forbes.com - June 6 at 3:11 PM
finance.yahoo.com logoBoston Properties to Present At NAREIT’S REITWeek Investor Forum (NYSE:BXP)
finance.yahoo.com - June 2 at 4:01 PM

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Boston Properties (NYSE:BXP) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff