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: $136.84
  • 50 Day Moving Average: $129.37
  • 200 Day Moving Average: $130.91
  • 52-Week Range: $108.87 - $144.02
  • Trailing P/E Ratio: 42.21
  • Foreward P/E Ratio: 49.17
  • P/E Growth: 7.59
  • Market Cap: $21.10B
  • Outstanding Shares: 153,790,000
  • Beta: 0.62
  • 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%
Additional Links:
Companies Related to Boston Properties:

Analyst Ratings

Consensus Ratings for Boston Properties (NYSE:BXP) (?)
Ratings Breakdown: 13 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.35)
Consensus Price Target: $139.19 (1.46% upside)

Analysts' Ratings History for Boston Properties (NYSE:BXP)
DateFirmActionRatingPrice TargetDetails
2/17/2017Jefferies Group LLCBoost Price Target$122.00View Rating Details
1/23/2017Barclays PLCLower Price TargetOverweight$143.00 -> $135.00View Rating Details
1/9/2017Deutsche Bank AGReiterated RatingBuy -> Hold$152.00 -> $132.00View Rating Details
12/21/2016KeyCorpDowngradeOverweightView Rating Details
12/9/2016Citigroup Inc.DowngradeBuy -> Neutral$143.00View Rating Details
11/30/2016Wells Fargo & CompanySet Price TargetBuy$136.00View Rating Details
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 CorpDowngradeBuy -> Neutral$148.00View Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
8/22/2016Evercore ISIDowngradeBuy -> Hold$147.00 -> $149.00View Rating Details
8/11/2016J P Morgan Chase & CoBoost 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
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
4/27/2016BMO Capital MarketsReiterated RatingBuyView Rating Details
2/26/2016Capital One Financial CorporationDowngradeOverweight -> Equal WeightView Rating Details
1/19/2016Credit Suisse GroupBoost Price TargetOutperform$118.45 -> $144.00View Rating Details
11/13/2015BB&T CorporationInitiated 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. (The)Reiterated RatingBuy$160.00 -> $150.00View Rating Details
(Data available from 2/20/2015 forward)


Earnings History for Boston Properties (NYSE:BXP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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
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: $2.26 EPS
Next Year EPS Consensus Estimate: $2.79 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$1.49$1.51$1.50
Q1 20175$1.48$1.53$1.50
Q2 20175$1.51$1.60$1.56
Q3 20175$1.49$1.59$1.55
Q4 20175$1.54$1.59$1.57
Q1 20181$1.59$1.59$1.59
Q2 20181$1.65$1.65$1.65
Q3 20181$1.66$1.66$1.66
Q4 20181$1.67$1.67$1.67
(Data provided by Zacks Investment Research)


Current Dividend Information for Boston Properties (NYSE:BXP)
Annual Dividend:$3.00
Dividend Yield:2.19%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:92.31% (Based on Trailing 12 Months of Earnings)
132.74% (Based on Current Year Consensus EPS Estimate)
107.53% (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: 94.57%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Boston Properties (NYSE:BXP)
DateHeadline logoBoston Properties (BXP) PT Raised to $122 at Jefferies on 4Q FFO Beat - (NYSE:BXP) - February 19 at 3:51 PM
News IconNotable Wednesday Option Activity: BXP, LUV, MAR (NYSE:BXP) - February 16 at 8:54 AM
News IconStock Spotlight: Looking at the Levels for Boston Properties, Inc. (NYSE:BXP) - Midway Monitor (NYSE:BXP) - February 11 at 1:43 AM logoAll Reston Town Center merchant leases raised specter of paid parking, owner says (NYSE:BXP) - February 9 at 9:24 PM logoAll Reston Town Center merchant leases raised spectre of paid parking, owner says (NYSE:BXP) - February 9 at 4:22 PM
News IconChecking the Metrics on Shares of Boston Properties, Inc. (NYSE:BXP) - Providence Standard (NYSE:BXP) - February 7 at 5:09 PM logoSend lawyers and money: Reston Town Center merchants organize for potential battle with Boston Properties (NYSE:BXP) - February 7 at 5:09 PM logoSend lawyers and money: Reston Town Center merchants organize for potential battle with Boston Properties (NYSE:BXP) - February 7 at 5:09 PM
News IconBoston Properties, Inc. (NYSE:BXP) from REIT – Office – Todays Top Gains (NYSE:BXP) - February 3 at 9:20 PM logoReston Town Center merchants push back on paid parking (NYSE:BXP) - February 3 at 4:18 PM logoBoston Properties execs on the Trump dynamic, a hiring freeze and 'Star Wars' (NYSE:BXP) - February 3 at 4:18 PM
News IconTop Gainers of the Day: Boston Properties, Inc. (NYSE:BXP) from REIT – Office (NYSE:BXP) - February 2 at 9:19 PM logoMarriott CEO talks about impact of Trump, travel ban on hospitality (NYSE:BXP) - February 2 at 4:18 PM logoBoston Properties, Inc. :BXP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 2, 2017 (NYSE:BXP) - February 2 at 4:18 PM logoBoston Properties, Inc. :BXP-US: Earnings Analysis: 2016 By the Numbers : February 2, 2017 (NYSE:BXP) - February 2 at 4:18 PM logoMarriott CEO talks Trump, Taj and bringing more luxury hotels to Boston (NYSE:BXP) - February 2 at 4:18 PM logoEdited Transcript of BXP earnings conference call or presentation 1-Feb-17 3:00pm GMT (NYSE:BXP) - February 2 at 2:23 AM logoBoston Properties (BXP) Tops Q4 FFO & Revenue Estimates (NYSE:BXP) - February 1 at 4:20 PM logoBoston Properties Inc Earnings Call scheduled for 10:00 am ET today (NYSE:BXP) - February 1 at 4:20 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Boston Properties, Inc. (NYSE:BXP)? - Wall Street Beacon (NYSE:BXP) - February 1 at 6:43 AM
News IconBoston Properties, Inc. (NYSE:BXP) to Post $1.5 Earnings Per Share: Analysts - Wall Street Beacon (NYSE:BXP) - February 1 at 6:43 AM logoBoston Properties beats by $0.05, beats on revenue (NYSE:BXP) - January 31 at 11:07 PM logoBoston Properties Inc. Q4 Earnings Climb 20% (NYSE:BXP) - January 31 at 9:33 PM logoBoston Properties Announces Fourth Quarter 2016 Results (NYSE:BXP) - January 31 at 9:33 PM logo6:12 pm Boston Properties beats by $0.05 (above guidance mid-point), beats on revs; guides Q1 FFO in-line, raises low end of FY17 FFO guidance (still in-line) (NYSE:BXP) - January 31 at 9:33 PM logoBoston Properties reports 4Q results (NYSE:BXP) - January 31 at 9:33 PM logoQ4 2016 Boston Properties Inc Earnings Release - After Market Close (NYSE:BXP) - January 31 at 4:30 PM
News IconAs Boston Properties INC (BXP) Market Valuation Rose, Meag ... - The Randolph Guide (NYSE:BXP) - January 30 at 4:05 PM logoBoston Properties Series B Cumulative Redeemable Preferred Stock Ex-Dividend Reminder - Nasdaq (NYSE:BXP) - January 30 at 4:05 PM
News IconBoston Properties (BXP) Shareholder Green Street Investors LLC Has Decreased Its Stake by $3.25 Million as Market Valuation Rose (NYSE:BXP) - January 27 at 5:12 PM logoWhy Boston Properties (BXP) Might Surprise This Earnings Season (NYSE:BXP) - January 27 at 5:12 PM
News IconGoing The Extra Mile: Stock With Track Record & Upside: Boston Properties, Inc. (NYSE:BXP) - Wall Street Beacon (NYSE:BXP) - January 26 at 4:54 PM
News IconAdelante Capital Management LLC Decreased Boston Properties INC (BXP) Holding by $9.53 Million; Market Value Rose (NYSE:BXP) - January 25 at 10:12 PM
News IconEarnings in Full Force, Analysts Take Aim at Boston Properties, Inc. (NYSE:BXP) - Wall Street Beacon (NYSE:BXP) - January 25 at 5:11 PM logoBXP March 17th Options Begin Trading (NYSE:BXP) - January 23 at 4:25 PM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Boston Properties, Inc. (NYSE:BXP) - Wall Street Beacon (NYSE:BXP) - January 21 at 4:03 PM logoThe search is over for Marriott International's new headquarters. The winner is... (NYSE:BXP) - January 20 at 5:10 PM
News IconFirms & Funds Reinforcing Their Perception of Boston Properties, Inc. (NYSE:BXP) - Wall Street Beacon (NYSE:BXP) - January 18 at 3:33 PM logoBoston Properties Announces 2016 Tax Treatment of Its Distributions (NYSE:BXP) - January 17 at 9:52 PM logoBoston Properties to Release Fourth Quarter 2016 Financial Results on January 31, 2017 (NYSE:BXP) - January 12 at 4:25 PM
News IconDetails of Deutsche Bank Hold Rating on Boston Properties (BXP) (NYSE:BXP) - January 12 at 2:29 AM
News IconThe Boston Properties Inc. (BXP) To Go Ex-Dividend on December 28th (NYSE:BXP) - January 11 at 4:28 PM
News IconHigh Market Cap Stock of the Day – Boston Properties, Inc. (NYSE:BXP) (NYSE:BXP) - January 10 at 4:41 PM logoBoston Properties downgraded by Deutsche Bank (NYSE:BXP) - January 9 at 5:14 PM
News IconHome Business Boston Properties Inc. (BXP) stock slips after being downgraded at Bank of... - BNB Daily (blog) (NYSE:BXP) - January 5 at 3:05 AM logoBoston Properties: Quality? Check. Growth? Some. Value? Not So Much - Seeking Alpha (NYSE:BXP) - January 5 at 3:05 AM logoBullish Two Hundred Day Moving Average Cross - BXP (NYSE:BXP) - January 4 at 5:03 PM logoREIT Rankings: Office - Seeking Alpha (NYSE:BXP) - January 3 at 5:40 PM logoWhy Boston Properties Is Now A Top Pick At RBC (NYSE:BXP) - January 3 at 5:40 PM
News IconIs Boston Properties, Inc. (NYSE:BXP), a large market cap stock a smart buy? (NYSE:BXP) - December 30 at 9:24 PM


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 declared a quarterly dividend on Monday, December 19th. Investors of record on Friday, December 30th will be paid a dividend of $0.75 per share on Monday, January 30th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend is Wednesday, December 28th. This is an increase from Boston Properties's previous quarterly dividend of $0.65.

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

20 brokers have issued 12-month price targets for Boston Properties' stock. Their forecasts range from $120.00 to $150.00. On average, they expect Boston Properties' share price to reach $139.19 in the next year.

When will Boston Properties announce their earnings?

Boston Properties is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

Who owns Boston Properties stock?

Boston Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (6.31%), State Street Corp (5.78%), Dimensional Fund Advisors LP (1.35%), Westwood Holdings Group Inc. (0.45%), Asset Management One Co. Ltd. (0.41%) and Russell Investments Group Ltd. (0.36%). Company insiders that own Boston Properties stock include Bryan J Koop, David A Twardock, Frank D Burt, Joel Klein, John Francis Powers, Karen E Dykstra, Martin Turchin, Peter D Johnston, Raymond A Ritchey and Robert E Pester.

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 FMR LLC, Davis Selected Advisers, State Street Corp, AMF Pensionsforsakring AB, AQR Capital Management LLC, NN Investment Partners Holdings N.V., Martingale Asset Management L P and Franklin Resources Inc.. Company insiders that have sold Boston Properties stock in the last year include Frank D Burt, Joel Klein, John Francis Powers, Martin Turchin, Peter D Johnston, Raymond A Ritchey and Robert E Pester.

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 Russell Investments Group Ltd., Asset Management One Co. Ltd., Eii Capital Management Inc., Alyeska Investment Group L.P., Janus Capital Management LLC, Credit Agricole S A, Westwood Holdings Group Inc. and Heitman Real Estate Securities LLC.

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.

How much does a share of Boston Properties stock cost?

One share of Boston Properties stock can currently be purchased for approximately $137.19.

Boston Properties (NYSE:BXP) Chart for Monday, February, 20, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Boston Properties (NYSE:BXP)

Earnings History Chart

Earnings by Quarter for Boston Properties (NYSE:BXP)

Dividend History Chart

Dividend Payments by Quarter for Boston Properties (NYSE:BXP)

Last Updated on 2/20/2017 by Staff