Boston Properties Company Profile (NYSE:BXP)

About Boston Properties

Boston 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

Profitability:

Net Margins: 24.01%
Return on Equity: 7.89%
Return on Assets: 3.24%

Debt:

Debt-to-Equity Ratio: 0.81%
Current Ratio: 0.50%
Quick Ratio: 0.50%

Additional Links:

Companies Related to Boston Properties:

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)

Show:

Date	Firm	Action	Rating	Price Target
8/25/2016	BTIG Research	Initiated Coverage	Neutral
8/22/2016	Jefferies Group	Lower Price Target	Hold	$141.00 -> $138.00
8/22/2016	Evercore ISI	Downgrade	Buy -> Hold	$147.00 -> $149.00
8/11/2016	JPMorgan Chase & Co.	Boost Price Target	Neutral	$133.00 -> $144.00
7/28/2016	DA Davidson	Boost Price Target	Neutral	$140.00 -> $145.00
7/28/2016	Mizuho	Boost Price Target	Neutral	$125.00 -> $131.00
7/25/2016	Morgan Stanley	Downgrade	Overweight -> Equal Weight	$140.00 -> $145.00
7/19/2016	Barclays PLC	Boost Price Target	Overweight	$149.00 -> $159.00
7/18/2016	Deutsche Bank AG	Reiterated Rating	Buy	$151.00 -> $152.00
5/12/2016	SunTrust Banks Inc.	Boost Price Target	Neutral	$121.00 -> $134.00
5/5/2016	Argus	Boost Price Target	Buy	$137.00 -> $143.00
5/4/2016	Citigroup Inc.	Boost Price Target	Buy	$127.00 -> $147.00
4/28/2016	Stifel Nicolaus	Reiterated Rating	Buy	$130.00 -> $140.00
4/27/2016	BMO Capital Markets	Reiterated Rating	Buy
2/26/2016	Capital One Financial Corp.	Downgrade	Overweight -> Equal Weight
1/19/2016	Credit Suisse Group AG	Boost Price Target	Outperform	$118.45 -> $144.00
1/4/2016	Royal Bank Of Canada	Downgrade	Top Pick -> Outperform	$155.00
11/13/2015	BB&T Corp.	Initiated Coverage	Buy	$144.50 -> $144.50
9/8/2015	Evercore Partners Inc.	Lower Price Target	Buy	$140.00 -> $133.00
7/13/2015	Goldman Sachs Group Inc.	Reiterated Rating	Buy	$160.00 -> $150.00
1/30/2015	Cantor Fitzgerald	Reiterated Rating	Buy	$144.50
1/13/2015	Robert W. Baird	Boost Price Target	Neutral	$128.00 -> $132.00

(Data available from 9/29/2014 forward)

Earnings History for Boston Properties (NYSE:BXP)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/27/2016
7/26/2016	Q216	$1.39	$1.43	$612.38 million	$623.50 million	View	Listen
4/26/2016	Q116	$1.59	$1.63	$644.49 million	$665.99 million	View	Listen
2/3/2016	Q415	$1.27	$1.28	$618.63 million	$624.30 million	View	Listen
10/29/2015	Q315	$1.37	$1.41	$610.86 million	$629.90 million	View	Listen
7/29/2015	Q215	$1.34	$1.36	$603.80 million	$618.22 million	View	Listen
4/27/2015	Q115	$1.24	$1.30	$595.60 million	$618.50 million	View	Listen
1/29/2015	Q414	$1.26	$1.26	$588.63 million	$595.68 million	View	Listen
10/28/2014	Q314	$1.37	$1.46	$584.00 million	$618.80 million	View	Listen
7/29/2014	Q214	$0.19	$1.35	$1.87 billion	$589.79 million	View	Listen
4/29/2014	Q114	$1.24	$1.20	$557.59 million		View	Listen
1/29/2014	Q413	$0.14	$1.29	$66.12 million	$576.20 million	View	Listen
10/30/2013	Q313	$1.28	$1.29	$512.60 million	$574.08 million	View	Listen
5/1/2013		$1.21	$1.06	$470.17 million	$483.01 million	View	Listen
1/29/2013	Q4 2012	$1.24	$1.27	$461.02 million	$485.41 million	View	Listen
10/23/2012		$1.17	$1.16			View	N/A
8/6/2012		$1.24	$1.24			View	N/A
5/1/2012		$1.13	$1.13			View	N/A
1/31/2012		$1.19	$1.21			View	N/A
10/25/2011		$1.24	$1.29			View	N/A
5/2/2011		$1.09	$1.13			View	N/A
1/25/2011		$0.61	$0.64			View	N/A

(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

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	6	$1.30	$1.58	$1.41
Q2 2016	5	$1.38	$1.41	$1.40
Q3 2016	5	$1.41	$1.46	$1.44
Q4 2016	5	$1.46	$1.51	$1.49
Q1 2017	3	$1.50	$1.55	$1.53
Q2 2017	3	$1.58	$1.64	$1.61
Q3 2017	3	$1.60	$1.69	$1.63
Q4 2017	3	$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)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
9/1/2016	quarterly	$0.65	1.83%	9/28/2016	9/30/2016	10/31/2016
6/16/2016	quarterly	$0.65	2.05%	6/28/2016	6/30/2016	7/29/2016
3/9/2016	quarterly	$0.65	2.22%	3/29/2016	3/31/2016	4/29/2016
12/17/2015	special	$1.25	2.02%	12/29/2015	12/31/2015	1/28/2016
9/16/2015	quarterly	$0.65	2.18%	9/28/2015	9/30/2015	10/30/2015
6/17/2015	quarterly	$0.65	2.03%	6/26/2015	6/30/2015	7/31/2015
3/18/2015	quarterly	$0.65	1.84%	3/27/2015	3/31/2015	4/30/2015
12/8/2014	special	$4.50	1.95%	12/29/2014	12/31/2014	1/28/2015
9/11/2014	quarterly	$0.65	2.25%	9/26/2014	9/30/2014	10/31/2014
6/19/2014	quarterly	$0.65	2.2%	6/26/2014	6/30/2014	7/31/2014
3/18/2014	quarterly	$0.65	2.32%	3/27/2014	3/31/2014	4/30/2014
12/2/2013	quarterly	$0.65	2.61%	12/27/2013	12/31/2012	1/29/2014
12/2/2013	special	$2.25	2.61%	12/27/2013	12/31/2013	1/29/2014
9/18/2013	quarterly	$0.65	2.34%	9/26/2013	9/30/2013	10/31/2013
6/18/2013	quarterly	$0.65	2.42%	6/26/2013	6/28/2013	7/31/2013
3/11/2013	quarterly	$0.65	2.48%	3/26/2013	3/29/2013	4/30/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Boston Properties (NYSE:BXP)

Insider Ownership Percentage: 6.17%
Institutional Ownership Percentage: 95.57%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/17/2016	John Francis Powers	Insider	Sell	10,000	$141.90	$1,419,000.00
8/10/2016	Peter D. Johnston	Insider	Sell	7,111	$143.25	$1,018,650.75
8/3/2016	Martin Turchin	Director	Sell	1,504	$140.31	$211,026.24
8/1/2016	Frank D Burt	Insider	Sell	4,573	$142.26	$650,554.98
6/14/2016	Karen E Dykstra	Director	Buy	1,500	$126.48	$189,720.00
6/13/2016	Raymond A Ritchey	EVP	Sell	35,000	$127.14	$4,449,900.00
6/10/2016	Peter D Johnston	EVP	Sell	5,416	$128.66	$696,822.56
6/1/2016	Joel Klein	Director	Sell	910	$126.28	$114,914.80
6/4/2015	Raymond A Ritchey	EVP	Sell	50,000	$127.57	$6,378,500.00
5/14/2015	David A Twardock	Director	Sell	2,080	$132.68	$275,974.40
3/12/2015	Bryan J Koop	SVP	Sell	3,667	$136.51	$500,582.17
3/5/2015	Robert E Pester	SVP	Sell	5,909	$139.39	$823,655.51
2/23/2015	Frank D Burt	SVP	Sell	4,000	$140.12	$560,480.00
2/13/2015	Peter D Johnston	SVP	Sell	13,488	$141.11	$1,903,291.68
2/10/2015	Carol B Einiger	Director	Sell	6,936	$140.71	$975,964.56
2/5/2015	Alan J Patricof	Director	Sell	7,418	$141.70	$1,051,130.60
6/13/2014	Peter D Johnston	SVP	Sell	4,386	$116.65	$511,626.90
5/30/2014	Raymond A Ritchey	EVP	Sell	52,615	$119.98	$6,312,747.70
5/27/2014	Frank D Burt	SVP	Sell	3,833	$118.93	$455,858.69
5/27/2014	Martin Turchin	Director	Sell	2,216	$120.32	$266,629.12
5/15/2014	Robert Pester	SVP	Sell	10,734	$118.48	$1,271,764.32
5/14/2014	Bryan Koop	SVP	Sell	10,000	$118.62	$1,186,200.00
5/6/2014	Douglas Linde	President	Sell	20,000	$117.24	$2,344,800.00
5/5/2014	Frank Burt	SVP	Sell	2,500	$118.11	$295,275.00
2/24/2014	Peter Johnston	SVP	Sell	5,720	$111.35	$636,922.00
6/18/2013	Owen D Thomas	CEO	Buy	9,002	$111.10	$1,000,122.20
5/17/2013	Robert E Selsam	SVP	Sell	1,856	$112.01	$207,890.56
5/16/2013	Robert E Pester	SVP	Sell	13,011	$111.71	$1,453,458.81
3/13/2013	Douglas T Linde	President	Sell	35,000	$104.82	$3,668,700.00
11/14/2012	Frank D Burt	SVP	Sell	2,500	$101.60	$254,000.00
8/24/2012	Michael E Labelle	CFO	Sell	1,087	$111.55	$121,254.85

(Data available from 1/1/2013 forward)

Latest Headlines for Boston Properties (NYSE:BXP)

Date	Headline
	Ex-Dividend Reminder: Starwood Property Trust, Boston Properties and LaSalle Hotel Properties (NYSE:BXP) www.nasdaq.com - September 26 at 4:13 PM
	AEW Capital Knows Real Estate and These Are Its Top Picks (NYSE:BXP) www.insidermonkey.com - September 22 at 4:10 PM
	Boston Properties' (BXP) Bank of America Merrill Lynch Global Real Estate Brokers Conference (Transcript) - Seeking Alpha (NYSE:BXP) seekingalpha.com - September 17 at 8:49 AM
	Boston Properties, Inc. breached its 50 day moving average in a Bearish Manner : BXP-US : September 12, 2016 (NYSE:BXP) www.capitalcube.com - September 12 at 3:53 PM
	Boston Properties to Participate in the Bank of America Merrill Lynch 2016 Global Real Estate Conference (NYSE:BXP) finance.yahoo.com - September 10 at 8:46 AM
	ETF’s with exposure to Boston Properties, Inc. : September 7, 2016 (NYSE:BXP) www.capitalcube.com - September 7 at 4:04 PM
	Paid parking at Reston Town Center postponed (NYSE:BXP) www.bizjournals.com - September 7 at 4:04 PM
	Boston Properties to Participate in the Evercore ISI 2016 Real Estate Conference (NYSE:BXP) finance.yahoo.com - September 6 at 8:58 PM
	Boston Properties : Meiji Yasuda Life Insurance Co buys $3,299,142 stake in Boston Properties (BXP) (NYSE:BXP) www.4-traders.com - September 1 at 12:29 PM
	Boston Properties Inc. (NYSE:BXP) from REIT – Office – Todays Top Gains (NYSE:BXP) twincountynews.com - August 24 at 3:59 PM
	REIT – Office: Boston Properties Inc. (NYSE:BXP) Position of the day (NYSE:BXP) twincountynews.com - August 21 at 8:41 AM
	BOSTON PROPERTIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:BXP) biz.yahoo.com - August 17 at 9:28 PM
	Top Gainers of the Day: Boston Properties Inc. (NYSE:BXP) from REIT – Office (NYSE:BXP) twincountynews.com - August 17 at 12:14 PM
	Thousands petition to stop paid parking at Reston Town Center (NYSE:BXP) www.bizjournals.com - August 16 at 9:16 PM
	Here's how paid parking at Reston Town Center will work (NYSE:BXP) www.bizjournals.com - August 15 at 4:12 PM
	BOSTON PROPERTIES INC Financials (NYSE:BXP) finance.yahoo.com - August 11 at 4:08 PM
	San Francisco's largest office landlord pitches Oakland tower next to BART (NYSE:BXP) feeds.bizjournals.com - August 10 at 6:43 PM
	Fitch Rates Boston Properties' Senior Unsecured Notes Due 2026 'BBB+'; Outlook Stable (NYSE:BXP) www.reuters.com - August 9 at 12:56 PM
	Boston Properties Prices $1.0 Billion Offering of Senior Unsecured Notes (NYSE:BXP) www.publicnow.com - August 8 at 9:26 PM
	BRIEF-Boston Properties prices $1 bln offering of senior unsecured notes (NYSE:BXP) feeds.reuters.com - August 8 at 7:03 PM
	Is Boston Properties Inc. (NYSE:BXP), a large market cap stock a smart buy? (NYSE:BXP) twincountynews.com - August 8 at 4:03 PM
	Leading stocks in today’s market: Boston Properties Inc. (NYSE:BXP) (NYSE:BXP) twincountynews.com - August 5 at 9:25 PM
	BOSTON PROPERTIES INC Files SEC form 10-Q, Quarterly Report (NYSE:BXP) biz.yahoo.com - August 4 at 9:44 PM
	Update on Boston Properties Inc. (NYSE:BXP) for the day (NYSE:BXP) twincountynews.com - August 4 at 4:09 PM
	Boston 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
	Reston core to expand southward as JBG advances major additions for RTC West (NYSE:BXP) www.bizjournals.com - August 1 at 4:00 PM
	Clark Enterprises aims to shed prime building near Union Station (NYSE:BXP) www.bizjournals.com - August 1 at 4:00 PM
	Ray Ritchey is a D.C. legend. Just don’t tell him that. (NYSE:BXP) www.bizjournals.com - July 29 at 3:28 PM
	Edited 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
	Boston Properties (BXP) Q2 FFO Beats, Revenues Increase (NYSE:BXP) finance.yahoo.com - July 27 at 10:20 AM
	Boston Properties Inc Earnings Call scheduled for 10:00 am ET today (NYSE:BXP) biz.yahoo.com - July 27 at 10:00 AM
	BOSTON 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
	Boston Properties Updates Earnings Guidance - Quick Facts (NYSE:BXP) www.rttnews.com - July 26 at 10:00 PM
	Boston Properties Inc. Earnings Rise 6% In Q2 (NYSE:BXP) www.nasdaq.com - July 26 at 10:00 PM
	Boston Properties : Posts Higher FFO, Boosts Guidance (NYSE:BXP) www.4-traders.com - July 26 at 10:00 PM
	Boston Properties Announces Second Quarter 2016 Results (NYSE:BXP) itbusinessnet.com - July 26 at 10:00 PM
	Boston Properties reports 2Q results (NYSE:BXP) sg.finance.yahoo.com - July 26 at 5:39 PM
	Q2 2016 Boston Properties Inc Earnings Release - After Market Close (NYSE:BXP) biz.yahoo.com - July 26 at 7:07 AM
	Boston Properties (BXP) Q2 Earnings: What's in Store? (NYSE:BXP) finance.yahoo.com - July 25 at 5:28 PM
	Boston Properties downgraded by Morgan Stanley (NYSE:BXP) finance.yahoo.com - July 25 at 7:03 AM
	Boston 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
	Deutsche Bank Maintains Rating And Raises Price Target On Boston Properties, Inc. Common (BXP) (NYSE:BXP) www.fidaily.com - July 19 at 10:14 AM
	Deutsche Bank recorded (NYSE:BXP) Boston Properties Inc., hiking its target price to $152 today (NYSE:BXP) breakingfinancenews.com - July 19 at 10:14 AM
	3 REIT Picks from Stifel: Focusing on Fundamentals (NYSE:BXP) blogs.barrons.com - July 18 at 1:12 PM
	Boston Properties to Release Second Quarter 2016 Financial Results on July 26, 2016 (NYSE:BXP) www.publicnow.com - July 14 at 4:48 PM
	Boston Properties Completes the Acquisition of Colorado Center in Santa Monica, California (NYSE:BXP) finance.yahoo.com - July 6 at 4:01 PM
	Exclusive: San Francisco's largest office landlord moves to build housing in Oakland (NYSE:BXP) feeds.bizjournals.com - July 5 at 9:34 PM
	Seek safety in REITs (NYSE:BXP) finance.yahoo.com - June 27 at 1:58 PM
	Boston 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
	6 ways Brexit could impact Washington business (NYSE:BXP) www.bizjournals.com - June 24 at 3:35 PM