About Boston Properties (NYSE:BXP)

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 eight 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
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
SymbolNYSE:BXP
CUSIP10112110
Phone617-236-3300
Debt
Debt-to-Equity Ratio0.92%
Current Ratio0.43%
Quick Ratio0.43%
Price-To-Earnings
Trailing P/E Ratio19.46
Forward P/E Ratio18.82
P/E Growth3.29
Sales & Book Value
Annual Sales$2.60 billion
Price / Sales7.04
Cash Flow$6.8761 per share
Price / Cash17.27
Book Value$51.21 per share
Price / Book2.32
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$462.43 million
Net Margins17.67%
Return on Equity5.86%
Return on Assets2.39%
Miscellaneous
Employees740
Outstanding Shares154,340,000
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 declared a quarterly dividend on Thursday, March 15th. Investors of record on Thursday, March 29th will be paid a dividend of $0.80 per share on Monday, April 30th. This represents a $3.20 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date of this dividend is Wednesday, March 28th. View Boston Properties' Dividend History.
How were Boston Properties' earnings last quarter?
Boston Properties (NYSE:BXP) announced its earnings results on Tuesday, January, 30th. The real estate investment trust reported $1.49 EPS for the quarter, beating the consensus estimate of $1.47 by $0.02. The real estate investment trust earned $655.23 million during the quarter, compared to analyst estimates of $654.36 million. Boston Properties had a net margin of 17.67% and a return on equity of 5.86%. The business's revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.94 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, January, 30th. The company provided earnings per share (EPS) guidance of $6.23-6.36 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.33. Boston Properties also updated its Q1 guidance to $1.47-1.49 EPS.
What price target have analysts set for BXP?
14 equities research analysts have issued 12-month price objectives for Boston Properties' shares. Their forecasts range from $122.00 to $145.00. On average, they expect Boston Properties' share price to reach $132.00 in the next year. View Analyst Ratings for Boston Properties.
Who are some of Boston Properties' key competitors?
Some companies that are related to Boston Properties include Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Weyerhaeuser (WY), Unibail-Rodamco (UNRDY), AvalonBay Communities (AVB), Equity Residential (EQR), Digital Realty (DLR), Welltower (WELL), GGP (GGP), Ventas (VTR), Essex Property Trust (ESS), Realty Income (O), Host Marriott L P (HST), GECINA (GECFF), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE) and Annaly Capital Management (NLY).
Who are Boston Properties' key executives?
Boston Properties' management team includes the folowing people:
- Mr. Owen D. Thomas, CEO & Director (Age 56)
- Mr. Douglas T. Linde, Pres & Director (Age 54)
- Mr. Mortimer B. Zuckerman, Co-Founder & Chairman Emeritus (Age 80)
- Mr. Michael E. LaBelle, Exec. VP, CFO & Treasurer (Age 54)
- Mr. Raymond A. Ritchey, Sr. Exec. VP (Age 67)
Has Boston Properties been receiving favorable news coverage?
News headlines about BXP stock have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Boston Properties earned a coverage optimism score of 0.11 on Accern's scale. They also assigned media headlines about the real estate investment trust an impact score of 45.50 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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 $118.75.
How big of a company is Boston Properties?
Boston Properties has a market capitalization of $18.65 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 (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.
Boston Properties (NYSE:BXP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
14 Wall Street analysts have issued ratings and price targets for Boston Properties in the last 12 months. Their average twelve-month price target is $132.00, suggesting that the stock has a possible upside of 11.16%. The high price target for BXP is $145.00 and the low price target for BXP is $122.00. There are currently 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
Consensus Rating: | Hold | Hold | Hold | Hold |
Consensus Rating Score: | 2.43 | 2.43 | 2.27 | 2.33 |
Ratings Breakdown: | 0 Sell Rating(s) 8 Hold Rating(s) 6 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 8 Hold Rating(s) 6 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 8 Hold Rating(s) 3 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 8 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s) |
Consensus Price Target: | $132.00 | $132.00 | $131.00 | $132.9091 |
Price Target Upside: | 11.16% upside | 5.06% upside | 3.36% upside | 4.72% upside |
Boston Properties (NYSE:BXP) Consensus Price Target History

Boston Properties (NYSE:BXP) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
Boston Properties (NYSE:BXP) Dividend Information
Boston Properties pays an annual dividend of $3.20 per share, with a dividend yield of 2.69%. BXP's next quarterly dividend payment will be made on Monday, April 30.
Next Dividend: | 4/30/2018 |
Annual Dividend: | $3.20 |
Dividend Yield: | 2.69% |
Dividend Growth: | 4.90% (3 Year Average) |
Payout Ratio: | 50.71% (Based on This Year's Estimates) 46.11% (Based on Next Year's Estimates)
|
Frequency: | Quarterly Dividend |
Boston Properties (NYSE:BXP) Dividend History by Quarter
Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
---|
3/15/2018 | quarterly | $0.80 | 2.54149789532206% | 3/28/2018 | 3/29/2018 | 4/30/2018 |
12/18/2017 | quarterly | $0.80 | 2.48% | 12/28/2017 | 12/29/2017 | 1/30/2018 |
9/15/2017 | quarterly | $0.75 | 2.47% | 9/28/2017 | 9/29/2017 | 10/31/2017 |
6/16/2017 | quarterly | $0.75 | 2.38% | 6/28/2017 | 6/30/2017 | 7/31/2017 |
3/16/2017 | quarterly | $0.75 | 2.25% | 3/29/2017 | 3/31/2017 | 4/28/2017 |
12/19/2016 | quarterly | $0.75 | 2.36% | 12/28/2016 | 12/30/2016 | 1/30/2017 |
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)
Boston Properties (NYSE BXP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.88%
Institutional Ownership Percentage: 95.34%
Boston Properties (NYSE BXP) Insider Trading History
Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
---|
11/8/2017 | Bryan J Koop | Insider | Sell | 5,868 | $124.55 | $730,859.40 | 585 | |
3/15/2017 | Bryan J Koop | Insider | Sell | 3,835 | $131.16 | $502,998.60 | 6,453 | |
2/27/2017 | Peter D. Johnston | Insider | Sell | 4,477 | $139.60 | $624,989.20 | | |
2/22/2017 | Frank D Burt | Insider | Sell | 2,523 | $137.61 | $347,190.03 | | |
2/22/2017 | Raymond A Ritchey | EVP | Sell | 35,000 | $137.34 | $4,806,900.00 | 16,696 | |
2/13/2017 | Robert E Pester | Insider | Sell | 6,688 | $134.33 | $898,399.04 | 43,847 | |
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 | 2,857 | |
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 | 1,213 | |
6/13/2016 | Raymond A Ritchey | EVP | Sell | 35,000 | $127.14 | $4,449,900.00 | 35,000 | |
6/10/2016 | Peter D Johnston | EVP | Sell | 5,416 | $128.66 | $696,822.56 | 21,193 | |
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 | 32,800 | |
5/14/2014 | Bryan Koop | SVP | Sell | 10,000 | $118.62 | $1,186,200.00 | 20,210 | |
5/6/2014 | Douglas Linde | President | Sell | 20,000 | $117.24 | $2,344,800.00 | 175,709 | |
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 | 24,738 | |
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)
Boston Properties (NYSE BXP) News Headlines
Source: |
|
Date | Headline |
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 | Exclusive: WeWork grabs 14th San Francisco location, adding 1,300 desks finance.yahoo.com - April 19 at 8:42 AM |
 | What's in Store for Boston Properties This Earnings Season? finance.yahoo.com - April 18 at 5:22 PM |
 | What's in Store for Boston Properties This Earnings Season? finance.yahoo.com - April 18 at 5:21 PM |
 | Boston Properties (BXP) Stock Rating Upgraded by BidaskClub www.americanbankingnews.com - April 18 at 12:16 PM |
 | Boston Properties (BXP) Lowered to "Sell" at Zacks Investment Research www.americanbankingnews.com - April 17 at 5:27 PM |
 | Boston Properties (BXP) Downgraded to Sell at BidaskClub www.americanbankingnews.com - April 16 at 7:00 PM |
 | Boston Properties (BXP) Forecasted to Earn FY2019 Earnings of $6.95 Per Share www.americanbankingnews.com - April 16 at 3:03 AM |
 | Boston Properties (BXP) to Release Earnings on Monday www.americanbankingnews.com - April 16 at 2:29 AM |
 | Boston Properties (BXP) Given Consensus Rating of "Hold" by Analysts www.americanbankingnews.com - April 15 at 1:35 AM |
 | Boston Properties (BXP) Upgraded to B- by TheStreet www.americanbankingnews.com - April 13 at 8:18 PM |
 | Boston Properties to Release First Quarter 2018 Financial Results on April 24, 2018 finance.yahoo.com - April 13 at 5:09 PM |
 | FY2018 Earnings Estimate for Boston Properties (BXP) Issued By Jefferies Group www.americanbankingnews.com - April 13 at 9:29 AM |
 | Zacks: Analysts Expect Boston Properties (BXP) Will Post Quarterly Sales of $604.54 Million www.americanbankingnews.com - April 13 at 4:29 AM |
 | Photos from the BBJ's real estate power breakfast www.bizjournals.com - April 12 at 5:10 PM |
 | San Francisco's largest office landlord to break ground on $265 million Oakland tower www.bizjournals.com - April 11 at 9:07 AM |
 | San Francisco's largest office landlord to break ground on $265 million Oakland tower finance.yahoo.com - April 11 at 9:07 AM |
 | Analysts Anticipate Boston Properties (BXP) to Announce $1.50 EPS www.americanbankingnews.com - April 11 at 5:14 AM |
 | Five top Boston Properties execs report combined $34M in pay in 2017 finance.yahoo.com - April 9 at 5:00 PM |
 | FY2018 EPS Estimates for Boston Properties Decreased by KeyCorp (BXP) www.americanbankingnews.com - April 9 at 1:56 AM |
 | Boston Properties (BXP) Given Hold Rating at Jefferies Group www.americanbankingnews.com - April 6 at 12:28 AM |
 | Boston Properties (BXP) Downgraded by BMO Capital Markets www.americanbankingnews.com - March 30 at 12:13 PM |
 | Boston Properties (BXP) Rating Lowered to Sell at Zacks Investment Research www.americanbankingnews.com - March 29 at 9:36 PM |
 | Zacks: Brokerages Anticipate Boston Properties, Inc. (BXP) Will Post Quarterly Sales of $604.54 Million www.americanbankingnews.com - March 27 at 7:08 AM |
 | Boston Properties (BXP) Given a $127.00 Price Target by SunTrust Banks Analysts www.americanbankingnews.com - March 26 at 8:46 PM |
 | Boston Properties' (BXP) Hold Rating Reaffirmed at Robert W. Baird www.americanbankingnews.com - March 26 at 9:13 AM |
 | Boston Properties (BXP) Given "Hold" Rating at BMO Capital Markets www.americanbankingnews.com - March 26 at 12:04 AM |
 | Boston Properties, Inc. (BXP) Expected to Announce Earnings of $1.50 Per Share www.americanbankingnews.com - March 25 at 8:48 AM |
 | Boston Properties, Inc. (BXP) Receives Consensus Rating of "Hold" from Brokerages www.americanbankingnews.com - March 21 at 1:40 AM |
 | Digital Realty Trust (DLR) and Boston Properties (BXP) Head-To-Head Review www.americanbankingnews.com - March 17 at 9:28 PM |
 | Glancy Prongay & Murray LLP Commences Investigation on Behalf of Boston Properties, Inc. Investors (BXP) - Business Wire (press release) www.businesswire.com - March 16 at 8:52 AM |
 | Boston Properties Declares Regular Quarterly Dividends finance.yahoo.com - March 15 at 5:40 PM |
 | Boston Properties, Inc. (BXP) Announces Quarterly Dividend of $0.80 www.americanbankingnews.com - March 15 at 4:39 PM |
 | Glancy Prongay & Murray LLP Commences Investigation on Behalf of Boston Properties, Inc. Investors (BXP) finance.yahoo.com - March 14 at 6:34 PM |
 | Boston Properties (BXP) Price Target Cut to $133.00 www.americanbankingnews.com - March 13 at 4:00 PM |
 | $640.30 Million in Sales Expected for Boston Properties, Inc. (BXP) This Quarter www.americanbankingnews.com - March 10 at 10:29 AM |
 | Bullish Two Hundred Day Moving Average Cross - BXP - Nasdaq www.nasdaq.com - March 8 at 8:53 AM |
 | Zacks: Brokerages Anticipate Boston Properties, Inc. (BXP) Will Post Earnings of $1.51 Per Share www.americanbankingnews.com - March 8 at 1:08 AM |
 | Verizon's Oath could anchor North Station office tower, sources say www.bizjournals.com - March 7 at 8:50 AM |
 | Geode Capital Management LLC Buys 75,618 Shares of Boston Properties, Inc. (BXP) www.americanbankingnews.com - March 6 at 1:03 PM |
 | Boston Properties, Inc. (BXP) Holdings Increased by Investec Asset Management LTD www.americanbankingnews.com - March 6 at 1:00 PM |
 | Chilton Capital Management LLC Purchases 3,536 Shares of Boston Properties, Inc. (BXP) www.americanbankingnews.com - March 6 at 5:30 AM |
 | Evercore ISI Upgrades Boston Properties Inc. (BXP) to Outperform www.streetinsider.com - March 5 at 5:32 PM |
 | Boston Properties (BXP) Upgraded by Evercore ISI to "Outperform" www.americanbankingnews.com - March 5 at 5:00 PM |
 | Boston Properties, Inc. (BXP) Shares Bought by Amalgamated Bank www.americanbankingnews.com - March 5 at 4:20 AM |
 | Standard Life Aberdeen plc Has $6.49 Million Holdings in Boston Properties, Inc. (BXP) www.americanbankingnews.com - March 3 at 11:50 AM |
 | Schroder Investment Management Group Cuts Holdings in Boston Properties, Inc. (BXP) www.americanbankingnews.com - March 3 at 8:50 AM |
 | 15,882 Shares in Boston Properties, Inc. (BXP) Purchased by Carillon Tower Advisers Inc. www.americanbankingnews.com - March 2 at 5:35 AM |
 | Boston Properties to Participate at Citi’s 2018 Global Property CEO Conference finance.yahoo.com - March 1 at 5:29 PM |
 | FY2019 EPS Estimates for Boston Properties, Inc. (BXP) Lifted by Jefferies Group www.americanbankingnews.com - March 1 at 2:52 PM |
 | Boston Properties, Inc. (BXP) Shares Bought by American International Group Inc. www.americanbankingnews.com - March 1 at 4:30 AM |
Boston Properties (NYSE:BXP) SEC Filings
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Boston Properties (NYSE:BXP) Income Statement, Balance Sheet and Cash Flow Statement
Boston Properties (NYSE BXP) Stock Chart for Friday, April, 20, 2018
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