Boston Properties Company Profile (NYSE:BXP)

About Boston Properties

Boston Properties logoBoston Properties, Inc. is a real estate investment trust. The Company is an owner and developer of office properties in the United States. The Company's segments by geographic area are Boston, New York, San Francisco and Washington, DC. The Company conducts its operations through Boston Properties Limited Partnership. The Company holds interests in approximately 170 commercial real estate properties, aggregating over 46.5 million net rentable square feet. The Company's properties include approximately 160 office properties, a hotel, over five retail properties and approximately four residential properties. The Company's properties include 399 Park Avenue in New York; 599 Lexington Avenue in New York; Bay Colony Corporate Center in Waltham; Embarcadero Center Four in San Francisco; Capital Gallery in Washington, DC; 680 Folsom Street in San Francisco; One Freedom Square in Reston; One Tower Center in East Brunswick, and 140 Kendrick Street in Needham.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Exchange: NYSE
  • Symbol: BXP
  • CUSIP: 10112110
Key Metrics:
  • Previous Close: $119.78
  • 50 Day Moving Average: $131.87
  • 200 Day Moving Average: $133.00
  • 52-Week Range: $107.28 - $144.02
  • Trailing P/E Ratio: 30.71
  • Foreward P/E Ratio: 18.80
  • P/E Growth: 2.76
  • Market Cap: $18.41B
  • Outstanding Shares: 153,693,000
  • Beta: 0.64
  • Net Margins: 19.83%
  • Return on Equity: 6.53%
  • Return on Assets: 2.67%
  • 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: 11 Hold Ratings, 9 Buy Ratings
Consensus Rating:Hold (Score: 2.45)
Consensus Price Target: $143.31 (19.64% upside)

Analysts' Ratings History for Boston Properties (NYSE:BXP)
DateFirmActionRatingPrice TargetDetails
10/27/2016RBC Capital MarketsReiterated RatingOutperform$155.00 -> $150.00View Rating Details
10/27/2016Royal Bank Of CanadaLower Price TargetOutperform$155.00 -> $150.00View Rating Details
10/27/2016Stifel NicolausDowngradeBuy -> Hold$140.00 -> $120.00View Rating Details
10/14/2016Bank of America Corp.DowngradeBuy -> Neutral$148.00View Rating Details
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
4/27/2016BMO 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
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 10/28/2014 forward)


Earnings History for Boston Properties (NYSE:BXP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016Q316$1.43$1.42$621.99 million$625.23 millionViewListenView Earnings Details
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: $5.98 EPS
Next Year EPS Consensus Estimate: $6.37 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:2.17%
Dividend Growth:5.70% (3 Year Average)
Payout Ratio:81.00% (Based on Trailing 12 Months of Earnings)
43.48% (Based on Current Year Consensus EPS Estimate)
40.82% (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: 95.55%
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 logoBoston Properties downgraded by Stifel (NYSE:BXP) - October 27 at 4:20 PM logoBoston Properties, Inc. :BXP-US: Earnings Analysis: Q3, 2016 By the Numbers : October 27, 2016 (NYSE:BXP) - October 27 at 4:20 PM logoMore losses for Boston Properties as Stifel downgrades (NYSE:BXP) - October 27 at 10:09 AM logoEdited Transcript of BXP earnings conference call or presentation 26-Oct-16 2:00pm GMT (NYSE:BXP) - October 27 at 8:31 AM logoBoston Properties Inc. Q3 Profit Rises 1% (NYSE:BXP) - October 26 at 12:20 PM
News IconBoston Properties Revises 2016 Guidance, Gives Disappointing 2017 Projections (NYSE:BXP) - October 26 at 12:20 PM logoBoston Properties reports 3Q results (NYSE:BXP) - October 25 at 9:18 PM logoBoston Properties Announces Third Quarter 2016 Results (NYSE:BXP) - October 25 at 9:18 PM logoContinental Resources Larger Than S&P 500 Component Boston Properties (NYSE:BXP) - October 25 at 8:52 AM logoQ3 2016 Boston Properties Inc Earnings Release - After Market Close (NYSE:BXP) - October 25 at 8:52 AM
News IconBoston Properties Inc. (BXP) Cut to Neutral at Bank of America Corp (NYSE:BXP) - October 17 at 3:59 PM
News IconRecommendation Trends of the Stock: Boston Properties Inc. (NYSE:BXP) (NYSE:BXP) - October 15 at 8:53 AM
News IconHigh Market Cap Stock of the Day – Boston Properties Inc. (NYSE:BXP) (NYSE:BXP) - October 14 at 3:56 PM
News IconHigh Market Cap Stock of the Day – Boston Properties Inc. (NYSE:BXP) (NYSE:BXP) - October 14 at 3:56 PM logoSalesforce Tower Becomes the Tallest Building in San Francisco (NYSE:BXP) - October 13 at 9:15 PM logoBoston Properties to Release Third Quarter 2016 Financial Results on October 25, 2016 (NYSE:BXP) - October 12 at 9:24 PM logoBoston Properties, Inc. : BXP-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : October 11, 2016 (NYSE:BXP) - October 11 at 4:07 PM logoBoston Properties (BXP) Shares Cross 2% Yield Mark (NYSE:BXP) - October 6 at 3:57 PM logoBoston Properties Enters Oversold Territory (BXP) (NYSE:BXP) - October 6 at 3:57 PM 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


Boston Properties (NYSE:BXP) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by Staff