Boston Properties (NYSE: BXP) is one of the largest publicly-held developers and owners of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires and owns a diverse portfolio of primarily Class A office space. The Company's portfolio totals 52.7 million square feet and 200 properties, including fourteen properties under construction.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Current SymbolNYSE:BXP
Previous Symbol
CUSIP10112110
Phone617-236-3300
Debt
Debt-to-Equity Ratio1.36
Current Ratio3.74
Quick Ratio3.74
Price-To-Earnings
Trailing P/E Ratio20.82
Forward P/E Ratio20.20
P/E Growth3.38
Sales & Book Value
Annual Sales$2.60 billion
Price / Sales7.66
Cash Flow$7.00 per share
Price / Cash Flow18.44
Book Value$51.21 per share
Price / Book2.52
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$462.43 million
Net Margins20.18%
Return on Equity6.75%
Return on Assets2.72%
Miscellaneous
Employees740
Outstanding Shares154,440,000
Market Cap$19.94 billion
OptionableOptionable
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 Tuesday, September 18th. Shareholders of record on Friday, September 28th will be given a dividend of $0.80 per share on Wednesday, October 31st. This represents a $3.20 annualized dividend and a yield of 2.48%. The ex-dividend date is Thursday, September 27th. View Boston Properties' Dividend History.
How were Boston Properties' earnings last quarter?
Boston Properties, Inc. (NYSE:BXP) announced its quarterly earnings results on Tuesday, October, 30th. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.05. The real estate investment trust earned $686.28 million during the quarter, compared to analysts' expectations of $674.30 million. Boston Properties had a net margin of 20.18% and a return on equity of 6.75%. The company's revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm posted $0.76 EPS. 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 FY19 earnings guidance on Tuesday, October, 30th. The company provided earnings per share guidance of $6.75 - $6.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.81. Boston Properties also updated its Q4 guidance to $1.68-1.70 EPS.
What price target have analysts set for BXP?
15 Wall Street analysts have issued twelve-month price targets for Boston Properties' shares. Their predictions range from $125.00 to $145.00. On average, they expect Boston Properties' share price to reach $134.9167 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price. View Analyst Price Targets 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 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Boston Properties.
Has Boston Properties been receiving favorable news coverage?
News articles about BXP stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Boston Properties earned a news impact score of 2.3 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the near future.
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), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Realty Income (O), SBA Communications (SBAC), Weyerhaeuser (WY) and Essex Property Trust (ESS).
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)
Who are Boston Properties' major shareholders?
Boston Properties' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.98%), BlackRock Inc. (10.26%), FMR LLC (4.44%), Cohen & Steers Inc. (3.41%), Resolution Capital Ltd (3.28%) and JPMorgan Chase & Co. (2.77%). Company insiders that own Boston Properties stock include Bryan J Koop, Frank D Burt, 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 Cohen & Steers Inc., Daiwa Securities Group Inc., NN Investment Partners Holdings N.V., Mitsubishi UFJ Trust & Banking Corp, Neuberger Berman Group LLC, Morgan Stanley, CI Investments Inc. and CI Investments Inc.. 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 Resolution Capital Ltd, Brookfield Asset Management Inc., Deutsche Bank AG, JPMorgan Chase & Co., Teachers Advisors LLC, Canada Pension Plan Investment Board, Securian Asset Management Inc and Russell Investments Group Ltd.. 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 $129.08.
How big of a company is Boston Properties?
Boston Properties has a market capitalization of $19.94 billion and generates $2.60 billion in revenue each year. Boston Properties employs 740 workers across the globe.
What is Boston Properties' official website?
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.
