Boston Properties, Inc. (BXP)
| Market Cap | 11.01B |
| Revenue (ttm) | 3.23B |
| Net Income (ttm) | 192.17M |
| Shares Out | 156.94M |
| EPS (ttm) | 1.23 |
| PE Ratio | 57.05 |
| Forward PE | 29.16 |
| Dividend | $3.92 (5.59%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 915,071 |
| Open | 71.64 |
| Previous Close | 71.95 |
| Day's Range | 70.13 - 71.73 |
| 52-Week Range | 46.18 - 79.42 |
| Beta | 1.19 |
| Analysts | Hold |
| Price Target | 68.27 (-2.71%) |
| Earnings Date | Jan 30, 2024 |
About BXP
BXP (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). Including properties owned by unconsolidated joint ventures, BXP's portfolio totals 53.5 million square feet... [Read more]
Financial Performance
In 2022, BXP's revenue was $3.11 billion, an increase of 7.61% compared to the previous year's $2.89 billion. Earnings were $848.95 million, an increase of 68.04%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for BXP stock is "Hold." The 12-month stock price forecast is $68.27, which is a decrease of -2.71% from the latest price.
News
Investing in REITs: One stock to buy and one to avoid
Real Estate Investment Trusts or REITs have been hit by issues such as high interest rates, lackluster return to office, and overall concerns about an economic slowdown. Infrastructure Capital Advisor...
Banks may continue to pull back from commercial real estate in 2024, says Northwind's Ran Eliasaf
Ran Eliasaf, Northwind Group founder and managing partner, joins 'The Exchange' to discuss the state of commercial real estate, the industry's outlook for 2024, and more.
BXP Declares Regular Quarterly Dividend
BOSTON--(BUSINESS WIRE)--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its Board of Di...
Bond market reflects jitters about wall of maturing office REIT debt
U.S. bonds have been reflecting growing unease about a wall of debt coming due for select owners of office buildings.
Boston Properties to sell 45% in two life sciences development properties in Cambridge for about $1.66 billion
Boston Properties Inc. BXP, -2.35% said Tuesday it has entered agreements to sell a 45% stake in two life sciences development properties located in Kendall Square in Cambridge, Mass., to Norges Bank ...
BXP Agrees to Sell a 45% Interest in Kendall Square Life Sciences Properties
BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has entered into agreements to s...
BXP Announces Third Quarter 2023 Results
BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, reported results today for the third quarter ended Septe...
Boston Properties lands finance firm at Park Avenue South tower after $100M revamp
Iconiq Capital recently signed a hush-hush, long-term lease for 70,000 square feet at the 440,000 square-foot 1913-vintage building, which Boston acquired in July 2021.
BXP Earns Top ESG Ratings in 2023 GRESB Assessment
BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has earned top ESG ratings in th...
2025 looks like a great year for fundamentals in real estate, says BMO's John Kim
John Kim, analyst at BMO Capital Markets, joins 'Squawk on the Street' to discuss how REITs typically perform with higher bond yields, the underlying financing for new or existing developments, and pl...
BXP Exercises $315.0 Million Accordion Feature Increasing Its Revolving Credit Facility Capacity to More Than $1.8 Billion
BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its operating partnership, Boston P...
BXP to Release Third Quarter 2023 Financial Results on November 1, 2023
BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that it will release financial results f...
ENEL AND BXP EXECUTE POWER PURCHASE AGREEMENT FOR NEW TEXAS SOLAR PROJECT
Enel North America 1 will sell 21 MW of solar power from the Estonian solar project, now under construction in Delta County, Texas, to BXP. The new 202 MW2 solar project, paired with a 104 MW battery ...
Best office REIT stocks to buy as a golden cross forms
Office Real Estate Investment Trust (REIT) companies are facing numerous challenges this year. Interest rates have jumped to a 22-year high, lowering their appeal among income investors.
BXP to Present at Upcoming Investor Conferences
BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that Douglas Linde – President and Micha...
5 Best Office REITs to Buy Now
Real estate investing isn't only for millionaires — retail investors can get a shot at investing in major commercial real estate endeavors by investing in REITs. Specialty REITs help investors refine ...
BXP Announces Second Quarter 2023 Results; Reports Q2 EPS of $0.66 and FFO Per Share of $1.86
BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, reported results today for the second quarter ended June...
Is Boston Properties (BXP) a Potential Value Trap? An In-depth Analysis
With a recent daily gain of 3.55%, Boston Properties Inc ( BXP , Financial) presents an interesting case for value investors. Given its Earnings Per Share (EPS) (EPS) of $4.99, the question arises: is...
The Chartmaster Carter Worth sticks to REITs
Carter Worth, Worth Charting, talks the office space rebound and why he is sticking with REITs.
Are Dividend-Paying Office REITs Finally Staging A Comeback?
If you haven't exactly been monitoring the performance of office-building investments, that's understandable. With offices sitting empty as employees prefer to work from home, the biggest real estate ...
BXP to Release Second Quarter 2023 Financial Results on August 1, 2023
BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that it will release financial results f...
Hayman Capital's Kyle Bass: Taking debt out of the equation is key to a value play in real estate
Kyle Bass, Hayman Capital management founder and CIO, joins 'The Exchange' to discuss repurposing office spaces, instability in Russia, and straining US-China relations.
Morgan Stanley's Ronald Kamdem: A pullback in life science funding is straining lease occupancy
Ronald Kamdem, Morgan Stanley REIT analyst, joins 'The Exchange' to discuss deceleration in West Coast office space occupancy, the pullback on life science funding driving pressure on leasing activity...
Acore Capital's Warren De Haan say he's finding opportunities in multifamily real estate
Warren De Haan, Acore Capital co-CEO, joins 'The Exchange' to discuss lender strength and where to find opportunity in credit and commercial real estate.