Boston Properties Company Profile (NYSE:BXP)

About Boston Properties (NYSE:BXP)

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. Its segments by geographic area are Boston, New York, San Francisco and Washington, DC. Its segments by property type include Office, Residential and Hotel. As of December 31, 2016, the Company owned or had interests in 174 commercial real estate properties, aggregating approximately 47.7 million net rentable square feet of primarily Class A office properties, including eight properties under construction/redevelopment totaling approximately 4.0 million net rentable square feet. As of December 31, 2016, its properties consisted of 164 Office properties (including six properties under construction/redevelopment); one hotel; five retail properties, and four residential properties (including two under construction). Its tenant base includes sectors, such as media technology, legal services, government/public administration and retail.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Symbol: NYSE:BXP
  • CUSIP: 10112110
  • Web:
  • Market Cap: $18.67 billion
  • Outstanding Shares: 153,857,000
Average Prices:
  • 50 Day Moving Avg: $127.38
  • 200 Day Moving Avg: $128.92
  • 52 Week Range: $113.69 - $144.02
  • Trailing P/E Ratio: 44.78
  • Foreward P/E Ratio: 40.05
  • P/E Growth: 33.59
Sales & Book Value:
  • Annual Revenue: $2.53 billion
  • Price / Sales: 7.38
  • Book Value: $36.24 per share
  • Price / Book: 3.35
  • Annual Dividend: $3.00
  • Dividend Yield: 2.5%
  • EBIDTA: $1.49 billion
  • Net Margins: 20.04%
  • Return on Equity: 6.63%
  • Return on Assets: 2.70%
  • Debt-to-Equity Ratio: 0.94%
  • Current Ratio: 0.42%
  • Quick Ratio: 0.43%
  • Average Volume: 742,347 shs.
  • Beta: 0.62
  • Short Ratio: 3.29

Frequently Asked Questions for Boston Properties (NYSE:BXP)

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 Thursday, March 16th. Investors of record on Friday, March 31st will be given a dividend of $0.75 per share on Friday, April 28th. This represents a $3.00 annualized dividend and a yield of 2.47%. The ex-dividend date is Wednesday, March 29th. View Boston Properties' Dividend History.

How were Boston Properties' earnings last quarter?

Boston Properties, Inc. (NYSE:BXP) posted its quarterly earnings results on Tuesday, April, 25th. The company reported $1.48 EPS for the quarter, missing the consensus estimate of $1.50 by $0.02. The company earned $632.23 million during the quarter, compared to analysts' expectations of $637.34 million. Boston Properties had a net margin of 20.04% and a return on equity of 6.63%. The firm's revenue for the quarter was down 5.1% compared to the same quarter last year. During the same period last year, the business posted $1.18 earnings per share. View Boston Properties' Earnings History.

When will Boston Properties make its next earnings announcement?

Boston Properties is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for Boston Properties.

What guidance has Boston Properties issued on next quarter's earnings?

Boston Properties updated its FY17 earnings guidance on Tuesday, April, 25th. The company provided earnings per share (EPS) guidance of $6.15-6.23 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.20.

Where is Boston Properties' stock going? Where will Boston Properties' stock price be in 2017?

16 equities research analysts have issued 12-month price objectives for Boston Properties' stock. Their forecasts range from $120.00 to $150.00. On average, they anticipate Boston Properties' share price to reach $138.21 in the next year. View Analyst Ratings for Boston Properties.

Who are some of Boston Properties' key competitors?

Who are Boston Properties' key executives?

Boston Properties' management team includes the folowing people:

  • Douglas T. Linde, President, Director
  • Owen D. Thomas, Chief Executive Officer, Director
  • Michael E. LaBelle, Chief Financial Officer, Executive Vice President, Treasurer
  • Peter D. Johnston, Executive Vice President, Washington, D.C. Region
  • Bryan J. Koop, Executive Vice President, Boston Region
  • Robert E. Pester, Executive Vice President, San Francisco Region
  • John F. Powers, Executive Vice President, New York Region
  • Raymond A. Ritchey, Senior Executive Vice President
  • Michael R. Walsh, Senior Vice President, Chief Accounting Officer
  • Frank D. Burt, Senior Vice President, General Counsel, Secretary

Who owns Boston Properties stock?

Boston Properties' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.43%), BlackRock Inc. (9.52%), FMR LLC (6.37%), State Street Corp (5.75%), APG Asset Management US Inc. (4.21%) and JPMorgan Chase & Co. (2.56%). Company insiders that own Boston Properties stock include Bryan J Koop, Frank D Burt, Joel Klein, John Francis Powers, Karen E Dykstra, Martin Turchin, Peter D Johnston, Raymond A Ritchey and Robert E Pester. View Institutional Ownership Trends for Boston Properties.

Who sold Boston Properties stock? Who is selling Boston Properties stock?

Boston Properties' stock was sold by a variety of institutional investors in the last quarter, including Lasalle Investment Management Securities LLC, Goldman Sachs Group Inc., PGGM Investments, Weiss Multi Strategy Advisers LLC, Adelante Capital Management LLC, Victory Capital Management Inc., Principal Financial Group Inc. and Janus Capital Management LLC. Company insiders that have sold Boston Properties stock in the last year include Bryan J Koop, Frank D Burt, Joel Klein, John Francis Powers, Martin Turchin, Peter D Johnston, Raymond A Ritchey and Robert E Pester. View Insider Buying and Selling for Boston Properties.

Who bought Boston Properties stock? Who is buying Boston Properties stock?

Boston Properties' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., Vanguard Group Inc., American Century Companies Inc., Bank of New York Mellon Corp, Boston Partners, Bank of Montreal Can and Teachers Advisors LLC. View Insider Buying and Selling for Boston Properties.

How do I buy Boston Properties stock?

Shares of Boston Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Boston Properties' stock price today?

One share of Boston Properties stock can currently be purchased for approximately $121.35.

MarketBeat Community Rating for Boston Properties (NYSE BXP)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  384 (Vote Outperform)
Underperform Votes:  246 (Vote Underperform)
Total Votes:  630
MarketBeat's community ratings are surveys of what our community members think about Boston Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Boston Properties (NYSE:BXP) (?)
Ratings Breakdown: 11 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.31)
Consensus Price Target: $138.21 (13.90% upside)

Analysts' Ratings History for Boston Properties (NYSE:BXP)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017Evercore ISIReiterated RatingIn-Line$138.00 -> $133.00LowView Rating Details
4/19/2017Barclays PLCBoost Price TargetOverweight$139.00 -> $141.00LowView Rating Details
4/5/2017BMO Capital MarketsReiterated RatingBuy$145.00LowView Rating Details
2/17/2017Jefferies Group LLCBoost Price TargetHold$113.00 -> $122.00N/AView Rating Details
1/9/2017Deutsche Bank AGReiterated RatingBuy -> Hold$152.00 -> $132.00N/AView Rating Details
12/21/2016KeyCorpDowngradeOverweightN/AView Rating Details
12/9/2016Citigroup IncDowngradeBuy -> Neutral$143.00N/AView Rating Details
11/30/2016Wells Fargo & CoSet Price TargetBuy$136.00N/AView Rating Details
10/27/2016Royal Bank of CanadaReiterated RatingOutperform$155.00 -> $150.00N/AView Rating Details
10/27/2016Stifel NicolausDowngradeBuy -> Hold$140.00 -> $120.00N/AView Rating Details
10/14/2016Bank of America CorpDowngradeBuy -> Neutral$148.00N/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
8/11/2016JPMorgan Chase & Co.Boost Price TargetNeutral$133.00 -> $144.00N/AView Rating Details
7/28/2016DA DavidsonBoost Price TargetNeutral$140.00 -> $145.00N/AView Rating Details
7/28/2016MizuhoBoost Price TargetNeutral$125.00 -> $131.00N/AView Rating Details
7/25/2016Morgan StanleyDowngradeOverweight -> Equal Weight$140.00 -> $145.00N/AView Rating Details
5/12/2016SunTrust Banks, Inc.Boost Price TargetNeutral$121.00 -> $134.00N/AView Rating Details
5/5/2016ArgusBoost Price TargetBuy$137.00 -> $143.00N/AView Rating Details
2/26/2016Capital One Financial Corp.DowngradeOverweight -> Equal WeightN/AView Rating Details
1/19/2016Credit Suisse Group AGBoost Price TargetOutperform$118.45 -> $144.00N/AView Rating Details
11/13/2015BB&T Co.Initiated CoverageBuy$144.50 -> $144.50N/AView Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetBuy$140.00 -> $133.00N/AView Rating Details
7/13/2015Goldman Sachs Group IncReiterated RatingBuy$160.00 -> $150.00N/AView Rating Details
(Data available from 5/28/2015 forward)


Earnings History for Boston Properties (NYSE:BXP)
Earnings by Quarter for Boston Properties (NYSE:BXP)
Earnings History by Quarter for Boston Properties (NYSE:BXP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017Q1 2017$1.50$1.48$637.34 million$632.23 millionViewN/AView Earnings Details
1/31/2017Q416$1.50$1.54$621.13 million$636.10 millionViewListenView Earnings Details
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
7/29/2014Q214$1.33$1.35$1.87 billion$589.79 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)
2017 EPS Consensus Estimate: $6.23
2018 EPS Consensus Estimate: $6.64
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$1.49$1.53$1.50
Q2 20175$1.57$1.63$1.60
Q3 20175$1.52$1.59$1.56
Q4 20175$1.55$1.58$1.57
Q1 20183$1.57$1.62$1.59
Q2 20183$1.64$1.68$1.66
Q3 20183$1.64$1.74$1.69
Q4 20182$1.65$1.77$1.71
(Data provided by Zacks Investment Research)


Current Dividend Information for Boston Properties (NYSE:BXP)
Most Recent Dividend:4/28/2017
Annual Dividend:$3.00
Dividend Yield:2.47%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:92.31% (Trailing 12 Months of Earnings)
111.52% (Based on This Year's Estimates)
99.01% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Boston Properties (NYSE:BXP)

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

Insider Trades

Insider Trading and Institutional Ownership History for Boston Properties (NYSE:BXP)
Insider Ownership Percentage: 6.17%
Institutional Ownership Percentage: 94.57%
Insider Trades by Quarter for Boston Properties (NYSE:BXP)
Institutional Ownership by Quarter for Boston Properties (NYSE:BXP)
Insider Trades by Quarter for Boston Properties (NYSE:BXP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/15/2017Bryan J KoopInsiderSell3,835$131.16$502,998.60View SEC Filing  
2/27/2017Peter D. JohnstonInsiderSell4,477$139.60$624,989.20View SEC Filing  
2/22/2017Frank D BurtInsiderSell2,523$137.61$347,190.03View SEC Filing  
2/22/2017Raymond A RitcheyEVPSell35,000$137.34$4,806,900.00View SEC Filing  
2/13/2017Robert E PesterInsiderSell6,688$134.33$898,399.04View SEC Filing  
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)


Headline Trends for Boston Properties (NYSE:BXP)
Latest Headlines for Boston Properties (NYSE:BXP)
DateHeadline logoBoston Properties, Inc. (BXP) Expected to Post Quarterly Sales of $630.37 Million - May 26 at 5:40 PM logoZacks: Brokerages Expect Boston Properties, Inc. (BXP) Will Post Quarterly Sales of $630.37 Million - May 26 at 5:40 PM logoWhy Is Boston Properties (BXP) Down 4.3% Since the Last Earnings Report? - May 26 at 4:28 PM logoZacks: Brokerages Anticipate Boston Properties, Inc. (BXP) to Post $1.61 Earnings Per Share - May 24 at 1:46 PM logoBoston Properties, Inc. (BXP) Given Consensus Rating of "Hold" by Brokerages - May 23 at 7:50 AM logoTheStreet Downgrades Boston Properties, Inc. (BXP) to C - May 19 at 4:40 PM logoAnalysts Forecast 10% Upside For The Holdings of PSR - May 18 at 11:25 AM logoQ2 2017 EPS Estimates for Boston Properties, Inc. (BXP) Lifted by Analyst - May 17 at 8:08 AM logoBoston Properties (BXP) Getting Positive News Coverage, Analysis Shows - May 5 at 11:22 PM logoZacks: Brokerages Anticipate Boston Properties, Inc. (BXP) Will Announce Quarterly Sales of $623.79 Million - May 3 at 3:34 PM logoKeyCorp Weighs in on Boston Properties, Inc.'s Q2 2017 Earnings (BXP) - May 3 at 8:48 AM logoBoston Properties Series B Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket - May 1 at 4:03 PM logo Brokerages Anticipate Boston Properties, Inc. (BXP) Will Post Earnings of $1.58 Per Share - May 1 at 1:54 PM logoBoston Properties, Inc. (BXP) to Post FY2017 Earnings of $6.23 Per Share, DA Davidson Forecasts - May 1 at 10:50 AM logoBoston Properties (BXP) Given Daily Media Impact Score of 0.21 - April 29 at 3:53 PM logoFitch Rates Boston Properties' Delayed Draw Term Loan 'BBB+'; Outlook Stable - April 29 at 5:44 AM logoBoston Properties, Inc. (BXP) Stock Rating Reaffirmed by Evercore ISI - April 29 at 1:12 AM logoBoston Properties, Inc. (BXP) Receives Average Rating of "Hold" from Brokerages - April 28 at 12:44 PM logoBoston Properties, Inc. (BXP) Forecasted to Post Q2 2017 Earnings of $1.58 Per Share - April 28 at 10:47 AM logoEdited Transcript of BXP earnings conference call or presentation 26-Apr-17 2:00pm GMT - April 27 at 4:29 PM logoSomewhat Favorable News Coverage Very Likely to Impact Boston Properties (BXP) Share Price - April 26 at 8:30 PM logoBoston Properties Inc. Profit Retreats 9% In Q1 - April 26 at 7:20 PM logoBoston Properties Announces First Quarter 2017 Results - April 26 at 2:19 PM logoBoston Properties (BXP) Q1 FFO Lags Estimates, Revenues Top - April 26 at 2:19 PM logoQ1 2017 EPS Estimates for Boston Properties, Inc. (BXP) Lifted by Analyst - April 26 at 9:09 AM logoBoston Properties, Inc. (BXP) Releases Earnings Results, Misses Estimates By $0.02 EPS - April 25 at 9:44 PM logoBoston Properties, Inc. (BXP) Issues FY17 Earnings Guidance - April 25 at 9:42 PM logoBoston Properties reports 1Q results - April 25 at 6:15 PM logoBoston Properties, Inc. (BXP) to Post Q1 2018 Earnings of $1.57 Per Share, Capital One Financial Corp. Forecasts - April 25 at 2:23 PM logoShould You Buy Boston Properties (BXP) Ahead of Earnings? - April 24 at 9:54 AM logoBoston Properties (BXP) Getting Very Positive Media Coverage, Report Shows - April 23 at 9:31 AM logoBoston Properties, Inc. (BXP) to Release Quarterly Earnings on Tuesday - April 23 at 7:12 AM logoBoston Properties, Inc. (BXP) Price Target Increased to $141.00 by Analysts at Barclays PLC - April 22 at 11:30 PM logoBoston Properties (BXP) Receiving Positive Media Coverage, AlphaOne Reports - April 20 at 5:27 PM logoBoston Properties Announces Early Achievement of Energy, Emissions and Water Intensity Reduction Goals in 2016 GRI-Aligned Sustainability Report - April 19 at 1:05 PM logoBoston Properties (BXP) Up 6.6% Since Earnings Report: Can It Continue? - April 19 at 1:05 PM logoBoston Properties (BXP) Receives Media Impact Score of -0.18 - April 17 at 5:01 PM logoRWR, VTR, BXP, VNO: Large Outflows Detected at ETF - April 13 at 4:13 PM logoRWR, VTR, BXP, VNO: Large Outflows Detected at ETF - April 13 at 4:13 PM logoBoston Properties (BXP) Receives Media Sentiment Rating of 0.23 - April 13 at 12:26 PM logoBoston Properties to Release First Quarter 2017 Financial Results on April 25 ... - April 12 at 9:05 PM logoBoston Properties to Release First Quarter 2017 Financial Results on April 25, 2017 - April 12 at 9:05 PM logo$618.45 Million in Sales Expected for Boston Properties, Inc. (BXP) This Quarter - April 12 at 12:38 PM logoBoston Properties, Inc. : BXP-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017 - April 11 at 4:11 PM logoBoston Properties, Inc. (BXP) Expected to Announce Earnings of $1.50 Per Share - April 10 at 8:09 AM logoBoston Properties, Inc. breached its 50 day moving average in a Bullish Manner : BXP-US : April 5, 2017 - April 7 at 8:45 AM logoBoston Properties, Inc. (BXP) Given "Buy" Rating at BMO Capital Markets - April 5 at 12:34 PM logoBoston Properties, Inc. (BXP) Receives Average Recommendation of "Hold" from Analysts - April 3 at 1:34 PM logoBoston Properties (BXP) Shares Cross Above 200 DMA - March 31 at 9:16 PM logoOne of the region's largest federal contractors weighs headquarters options - March 30 at 4:31 PM



Boston Properties (BXP) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by Staff