Boston Properties is a fully integrated real estate investment trust that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class A office space totaling 50.3 million square feet and consisting of 167 office properties (including nine properties under construction), six residential properties (including four 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
SymbolNYSE:BXP
CUSIP10112110
Phone617-236-3300
Debt
Debt-to-Equity Ratio1.29
Current Ratio3.14
Quick Ratio3.14
Price-To-Earnings
Trailing P/E Ratio20.39
Forward P/E Ratio19.81
P/E Growth3.58
Sales & Book Value
Annual Sales$2.60 billion
Price / Sales7.43
Cash Flow$6.9089 per share
Price / Cash18.12
Book Value$51.21 per share
Price / Book2.44
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$462.43 million
Net Margins20.48%
Return on Equity6.81%
Return on Assets2.78%
Miscellaneous
Employees740
Outstanding Shares154,360,000
Market Cap$19,573.35
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 Thursday, June 14th. Investors of record on Friday, June 29th will be given a dividend of $0.80 per share on Tuesday, July 31st. This represents a $3.20 annualized dividend and a dividend yield of 2.56%. The ex-dividend date is Thursday, June 28th. View Boston Properties' Dividend History.
How were Boston Properties' earnings last quarter?
Boston Properties, Inc. (NYSE:BXP) released its quarterly earnings data on Tuesday, April, 24th. The real estate investment trust reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.50. The real estate investment trust earned $661.20 million during the quarter, compared to analyst estimates of $648.23 million. Boston Properties had a net margin of 20.48% and a return on equity of 6.81%. The firm's revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.63 earnings per share. 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 FY18 earnings guidance on Tuesday, April, 24th. The company provided earnings per share (EPS) guidance of $6.27-6.36 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.32. Boston Properties also updated its Q2 guidance to $1.53 EPS.
What price target have analysts set for BXP?
15 Wall Street analysts have issued 1-year price targets for Boston Properties' stock. Their predictions range from $122.00 to $145.00. On average, they expect Boston Properties' stock price to reach $132.0769 in the next twelve months. This suggests a possible upside of 5.5% from the stock's current price. View Analyst Ratings for Boston Properties.
What is the consensus analysts' recommendation for Boston Properties?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boston Properties in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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), Public Storage (PSA), Equinix (EQIX), Prologis (PLD), Weyerhaeuser (WY), DIGITAL Rlty Tr/SH SH (DLR), AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP) and SBA Communications (SBAC).
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)
Has Boston Properties been receiving favorable news coverage?
News headlines about BXP stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Boston Properties earned a news impact score of 0.06 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 49.15 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Boston Properties' major shareholders?
Boston Properties' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.75%), NN Investment Partners Holdings N.V. (0.33%), Westpac Banking Corp (0.20%), State of Alaska Department of Revenue (0.05%), Retirement Systems of Alabama (0.05%) and Pendal Group Ltd (0.04%). Company insiders that own Boston Properties stock include Bryan J Koop, Frank D Burt, John Francis Powers, Martin Turchin, Peter D Johnston, Raymond A Ritchey and Robert E Pester. View Institutional Ownership Trends for Boston Properties.
Which institutional investors are selling Boston Properties stock?
BXP stock was sold by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Bank of Montreal Can, State of Alaska Department of Revenue, Hartford Investment Management Co., Pendal Group Ltd, Nisa Investment Advisors LLC, Retirement Systems of Alabama and Creative Planning. View Insider Buying and Selling for Boston Properties.
Which institutional investors are buying Boston Properties stock?
BXP stock was bought by a variety of institutional investors in the last quarter, including Westpac Banking Corp, LS Investment Advisors LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, IFM Investors Pty Ltd and DnB Asset Management AS. 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 $125.19.
How big of a company is Boston Properties?
Boston Properties has a market capitalization of $19.57 billion and generates $2.60 billion in revenue each year. Boston Properties employs 740 workers across the globe.
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.
