Boston Properties is a fully integrated real estate company, organized as a real estate investment trust, that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class A office space totaling 50.2 million square feet and consisting of 166 office properties (including nine properties under construction), six residential properties (including three 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 Ratio20.50
Forward P/E Ratio19.92
P/E Growth3.3
Sales & Book Value
Annual Sales$2.60 billion
Price / Sales7.53
Cash Flow$7.0635 per share
Price / Cash17.96
Book Value$51.21 per share
Price / Book2.48
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$19.41 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 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 2.52%. The ex-dividend date of this dividend is Thursday, September 27th. View Boston Properties' Dividend History.
How were Boston Properties' earnings last quarter?
Boston Properties, Inc. (NYSE:BXP) announced its earnings results on Tuesday, July, 31st. The real estate investment trust reported $0.83 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 net margin of 20.23% and a return on equity of 6.71%. The business's revenue was up 1.2% compared to the same quarter last year. During the same period last year, the company earned $1.67 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 updated its FY18 earnings guidance on Tuesday, July, 31st. The company provided earnings per share guidance of $6.36-6.41 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 1-year target prices for Boston Properties' shares. Their forecasts range from $118.00 to $145.00. On average, they anticipate Boston Properties' stock price to reach $132.7857 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. 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), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Weyerhaeuser (WY), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), 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)
Who are Boston Properties' major shareholders?
Boston Properties' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.30%), FMR LLC (4.51%), Daiwa Securities Group Inc. (2.52%), Morgan Stanley (2.09%), Northern Trust Corp (1.66%) and Centersquare Investment Management LLC (1.65%). 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 purchased 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 $126.86.
How big of a company is Boston Properties?
Boston Properties has a market capitalization of $19.41 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.
