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 Ratio1.34
Current Ratio4.02
Quick Ratio4.02
Price-To-Earnings
Trailing P/E Ratio21.03
Forward P/E Ratio20.75
P/E Growth3.51
Sales & Book Value
Annual Sales$2.60 billion
Price / Sales7.84
Cash Flow$7.1743 per share
Price / Cash18.42
Book Value$51.21 per share
Price / Book2.58
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$462.43 million
Net Margins20.23%
Return on Equity6.71%
Return on Assets2.73%
Miscellaneous
Employees740
Outstanding Shares154,420,000
Market Cap$19.91 billion
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. Shareholders 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 yield of 2.42%. The ex-dividend date of this dividend 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 results on Tuesday, July, 31st. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.56 by $0.73. The real estate investment trust earned $664.48 million during the quarter, compared to analysts' expectations of $667.92 million. Boston Properties had a return on equity of 6.71% and a net margin of 20.23%. Boston Properties's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the company earned $1.67 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 FY18 earnings guidance on Tuesday, July, 31st. The company provided earnings per share (EPS) guidance of $6.36-6.41 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.32. Boston Properties also updated its Q3 guidance to $1.61-1.63 EPS.
What price target have analysts set for BXP?
16 equities research analysts have issued 1-year target prices for Boston Properties' stock. Their forecasts range from $118.00 to $145.00. On average, they anticipate Boston Properties' share price to reach $131.8571 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for Boston Properties.
What is the consensus analysts' recommendation for Boston Properties?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boston Properties in the last year. There are currently 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Boston Properties.
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 (DLR), AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR) 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 coverage about BXP stock has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Boston Properties earned a media and rumor sentiment score of 0.19 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 46.94 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Boston Properties.
Who are Boston Properties' major shareholders?
Boston Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.30%), FMR LLC (4.52%), Daiwa Securities Group Inc. (2.52%), Morgan Stanley (2.09%), Centersquare Investment Management LLC (1.65%) and Dimensional Fund Advisors LP (1.53%). 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 FMR LLC, Morgan Stanley, Cbre Clarion Securities LLC, American Century Companies Inc., Standard Life Aberdeen plc, Wells Fargo & Company MN, Russell Investments Group Ltd. and Korea Investment CORP. 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 Daiwa Securities Group Inc., Resolution Capital Ltd, Heitman Real Estate Securities LLC, Centersquare Investment Management LLC, Canada Pension Plan Investment Board, BlackRock Inc., Bank of America Corp DE and Massachusetts Financial Services Co. MA. 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 $132.15.
How big of a company is Boston Properties?
Boston Properties has a market capitalization of $19.91 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.
