Boston Properties is a fully integrated real estate company, organized as a real estate investment trust, that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class A office space totaling 50.2 million square feet and consisting of 166 office properties (including nine properties under construction), six residential properties (including three properties under construction), five retail properties and one hotel. The Company is one of the largest owners and developers of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Current SymbolNYSE:BXP
Previous Symbol
CUSIP10112110
Phone617-236-3300
Debt
Debt-to-Equity Ratio1.36
Current Ratio3.74
Quick Ratio3.74
Price-To-Earnings
Trailing P/E Ratio20.25
Forward P/E Ratio19.66
P/E Growth3.28
Sales & Book Value
Annual Sales$2.60 billion
Price / Sales7.46
Cash Flow$7.0028 per share
Price / Cash17.94
Book Value$51.21 per share
Price / Book2.45
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$462.43 million
Net Margins20.18%
Return on Equity6.75%
Return on Assets2.72%
Miscellaneous
Employees740
Outstanding Shares154,440,000
Market Cap$19.39 billion
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 Tuesday, September 18th. Investors of record on Friday, September 28th will be given a dividend of $0.80 per share on Wednesday, October 31st. This represents a $3.20 annualized dividend and a dividend yield of 2.56%. The ex-dividend date is Thursday, September 27th. View Boston Properties' Dividend History.
How were Boston Properties' earnings last quarter?
Boston Properties, Inc. (NYSE:BXP) announced its quarterly earnings data on Tuesday, October, 30th. The real estate investment trust reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.05. The real estate investment trust had revenue of $686.28 million for the quarter, compared to analysts' expectations of $674.30 million. Boston Properties had a return on equity of 6.75% and a net margin of 20.18%. The company's quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $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 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?
16 brokers have issued 12-month price targets for Boston Properties' stock. Their forecasts range from $125.00 to $145.00. On average, they anticipate Boston Properties' stock price to reach $135.4615 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for Boston Properties.
What is the consensus analysts' recommendation for Boston Properties?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boston Properties in the last year. There are currently 7 hold ratings and 9 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?
News articles about BXP stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Boston Properties earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.
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), AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Weyerhaeuser (WY), SBA Communications (SBAC), Realty Income (O) 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 number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.26%), FMR LLC (4.44%), Cohen & Steers Inc. (3.41%), Resolution Capital Ltd (3.28%), JPMorgan Chase & Co. (2.77%) and Dimensional Fund Advisors LP (1.52%). 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 Cohen & Steers Inc., Daiwa Securities Group Inc., NN Investment Partners Holdings N.V., Mitsubishi UFJ Trust & Banking Corp, Neuberger Berman Group LLC, CI Investments Inc., CI Investments Inc. and FMR LLC. View Insider Buying and Selling for Boston Properties.
Which major investors are buying Boston Properties stock?
BXP stock was bought by a variety of institutional investors in the last quarter, including Resolution Capital Ltd, Brookfield Asset Management Inc., Deutsche Bank AG, JPMorgan Chase & Co., Teachers Advisors LLC, Canada Pension Plan Investment Board, Securian Asset Management Inc and Russell Investments Group Ltd.. 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 $125.06.
How big of a company is Boston Properties?
Boston Properties has a market capitalization of $19.39 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.
