NYSE:BXP

Boston Properties (BXP) Stock Price, News & Analysis

$60.78
+0.71 (+1.18%)
(As of 05/3/2024 ET)
Today's Range
$60.32
$62.54
50-Day Range
$57.95
$66.23
52-Week Range
$46.80
$73.97
Volume
891,709 shs
Average Volume
1.25 million shs
Market Capitalization
$9.55 billion
P/E Ratio
49.82
Dividend Yield
6.45%
Price Target
$69.47

Boston Properties MarketRank™ Stock Analysis

Analyst Rating
Hold
2.24 Rating Score
Upside/​Downside
14.3% Upside
$69.47 Price Target
Short Interest
Bearish
5.21% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.62
Upright™ Environmental Score
News Sentiment
0.21mentions of Boston Properties in the last 14 days
Based on 33 Articles This Week
Insider Trading
Selling Shares
$889,186 Sold Last Quarter
Proj. Earnings Growth
3.39%
From $7.07 to $7.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.32 out of 5 stars

Finance Sector

387th out of 874 stocks

Real Estate Investment Trusts Industry

78th out of 181 stocks

BXP stock logo

About Boston Properties Stock (NYSE:BXP)

Boston Properties, Inc. (NYSE: BXP) (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). Including properties owned by joint ventures, BXP's portfolio totals 53.3 million square feet and 188 properties, including 10 properties under construction/redevelopment. BXP's properties include 167 office properties, 14 retail properties (including two retail properties under construction/redevelopment), six residential properties (including one residential property under construction) and one hotel. BXP is well-known for its inhouse building management expertise and responsiveness to clients' needs. BXP holds a superior track record of developing premium Central Business District (CBD) office buildings, successful mixed-use complexes, suburban office centers and build-to-suit projects for a diverse array of creditworthy clients. BXP actively works to promote its growth and operations in a sustainable and responsible manner. BXP has earned a twelfth consecutive GRESB Green Star recognition and the highest GRESB 5-star Rating. BXP, an S&P 500 company, was founded in 1970 by Mortimer B. Zuckerman and Edward H. Linde and became a public company in 1997.

BXP Stock Price History

BXP Stock News Headlines

Decoding 5 Analyst Evaluations For Boston Props
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Q1 2024 Boston Properties Inc Earnings Call
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Scotiabank Keeps Their Buy Rating on Boston Properties (BXP)
BXP Announces First Quarter 2024 Results
Here's what Wall Street expects from Boston Properties's earnings
Boston’s Most Romantic Hotels
BXP Releases 2023 Sustainability & Impact Report
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
3/27/2024
Dividend Payable
4/30/2024
Last Earnings
5/01/2024
Today
5/05/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Office REITs
CUSIP
10112110
Employees
836
Year Founded
1970

Price Target and Rating

Average Stock Price Target
$69.47
High Stock Price Target
$80.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+14.3%
Consensus Rating
Hold
Rating Score (0-4)
2.24
Research Coverage
17 Analysts

Profitability

Net Income
$190.21 million
Pretax Margin
8.83%

Debt

Sales & Book Value

Annual Sales
$3.27 billion
Cash Flow
$6.52 per share
Book Value
$52.71 per share

Miscellaneous

Free Float
154,929,000
Market Cap
$9.55 billion
Optionable
Optionable
Beta
1.15

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BXP Stock Analysis - Frequently Asked Questions

Should I buy or sell Boston Properties stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boston Properties in the last twelve months. There are currently 1 sell rating, 11 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BXP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BXP, but not buy additional shares or sell existing shares.
View BXP analyst ratings
or view top-rated stocks.

What is Boston Properties' stock price target for 2024?

17 equities research analysts have issued twelve-month price targets for Boston Properties' stock. Their BXP share price targets range from $52.00 to $80.00. On average, they anticipate the company's share price to reach $69.47 in the next year. This suggests a possible upside of 14.3% from the stock's current price.
View analysts price targets for BXP
or view top-rated stocks among Wall Street analysts.

How have BXP shares performed in 2024?

Boston Properties' stock was trading at $70.17 on January 1st, 2024. Since then, BXP stock has decreased by 13.4% and is now trading at $60.78.
View the best growth stocks for 2024 here
.

Are investors shorting Boston Properties?

Boston Properties saw a increase in short interest in March. As of March 31st, there was short interest totaling 8,060,000 shares, an increase of 7.9% from the March 15th total of 7,470,000 shares. Based on an average daily trading volume, of 1,470,000 shares, the days-to-cover ratio is presently 5.5 days.
View Boston Properties' Short Interest
.

When is Boston Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our BXP earnings forecast
.

How were Boston Properties' earnings last quarter?

Boston Properties, Inc. (NYSE:BXP) released its quarterly earnings results on Wednesday, May, 1st. The real estate investment trust reported $0.51 EPS for the quarter, missing the consensus estimate of $1.73 by $1.22. The real estate investment trust earned $839.44 million during the quarter, compared to analysts' expectations of $808.68 million. Boston Properties had a net margin of 5.81% and a trailing twelve-month return on equity of 2.35%. The business's revenue was up 4.5% on a year-over-year basis. During the same period last year, the firm posted $1.73 EPS.
Read the conference call transcript
.

How often does Boston Properties pay dividends? What is the dividend yield for Boston Properties?

Boston Properties declared a quarterly dividend on Monday, March 18th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.98 per share on Tuesday, April 30th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 6.45%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for BXP
.

Is Boston Properties a good dividend stock?

Boston Properties (NYSE:BXP) pays an annual dividend of $3.92 per share and currently has a dividend yield of 6.45%. BXP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 321.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BXP will have a dividend payout ratio of 53.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BXP.

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

Boston Properties updated its FY24 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of $6.98-7.10 for the period, compared to the consensus EPS estimate of $7.13.

What is Owen D. Thomas' approval rating as Boston Properties' CEO?

35 employees have rated Boston Properties Chief Executive Officer Owen D. Thomas on Glassdoor.com. Owen D. Thomas has an approval rating of 98% among the company's employees. This puts Owen D. Thomas in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Boston Properties own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boston Properties investors own include BlackRock (BLK), AT&T (T), Xtrackers California Municipal Bond ETF (CA), Intel (INTC), Pfizer (PFE), Cisco Systems (CSCO), Verizon Communications (VZ), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM) and Chipotle Mexican Grill (CMG).

Who are Boston Properties' major shareholders?

Boston Properties' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.87%), Los Angeles Capital Management LLC (0.32%), Principal Financial Group Inc. (0.32%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), Zurcher Kantonalbank Zurich Cantonalbank (0.18%) and Whittier Trust Co. (0.17%). Insiders that own company stock include Carol B Einiger, Douglas T Linde, Eric G Kevorkian, Frank D Burt, John J Stroman, Matthew J Lustig, Peter V Otteni, Raymond A Ritchey and Raymond A Ritchey.
View institutional ownership trends
.

How do I buy shares of Boston Properties?

Shares of BXP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BXP) was last updated on 5/5/2024 by MarketBeat.com Staff

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