Boston Properties, Inc. (BXP)
| Market Cap | 9.73B |
| Revenue (ttm) | 3.27B |
| Net Income (ttm) | 190.22M |
| Shares Out | 157.01M |
| EPS (ttm) | 1.21 |
| PE Ratio | 51.20 |
| Forward PE | 28.32 |
| Dividend | $3.92 (6.33%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 1,176,113 |
| Open | 61.70 |
| Previous Close | 62.94 |
| Day's Range | 60.53 - 62.20 |
| 52-Week Range | 46.80 - 73.97 |
| Beta | 1.17 |
| Analysts | Hold |
| Price Target | 69.38 (+11.99%) |
| Earnings Date | Apr 30, 2024 |
About BXP
Boston Properties, Inc. (NYSE: BXP) ("BXP" or the "Company") 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 joint ventures, BXP's portfolio t... [Read more]
Financial Performance
In 2023, BXP's revenue was $3.27 billion, an increase of 5.31% compared to the previous year's $3.11 billion. Earnings were $190.22 million, a decrease of -77.59%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for BXP stock is "Hold." The 12-month stock price forecast is $69.38, which is an increase of 11.99% from the latest price.
News
BXP Releases 2023 Sustainability & Impact Report
BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced the release of BXP's 2023 Sustainability...
Big Tech layoffs aren't helping commercial real estate demand, says Evercore's Steve Sakwa
Steve Sakwa, senior equity research analyst at Evercore ISI, on what's next for commercial real estate, the impact of increasing return-to-office mandates, and more.
BXP to Release First Quarter 2024 Financial Results on April 30, 2024
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...
BXP Completes Sale of 45% Interest in Kendall Square Life Sciences Property
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 completed the previously ann...
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...
Boston Properties wrapping up $100M revamp of 360 Park Avenue South featuring new roof deck, amenities center
No, the world isn't ending — and neither is 360 Park Avenue South, the prewar office tower at East 26th Street where Boston Properties is wrapping up a more than $100 million repositioning and upgrade...
BXP to Present at the 2024 Citi Global Property CEO Conference
BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that Owen Thomas – Chairman & Chief Exec...
BXP to Present at the 2024 BofA Securities Financial Services Conference
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 Mich...
BXP Announces Fourth Quarter and Full Year 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 fourth quarter ended Dece...
Landlord debt is rallying — even in the battered office sector
Debt issued by publicly traded commercial real-estate investment trusts (REITs) has been in rally mode to start 2024, even in the battered office sector.
BXP Announces 2023 Tax Treatment of Its Distributions
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 the 2023 tax treatme...
BXP to Release Fourth Quarter & Full Year 2023 Financial Results on January 30, 2024
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...
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.
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.