BXP, Inc. (BXP)

NYSE: BXP · Real-Time Price · USD
74.64
+1.31 (1.79%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.79%
Market Cap 13.16B
Revenue (ttm) 3.34B
Net Income (ttm) 363.05M
Shares Out 176.37M
EPS (ttm) 2.30
PE Ratio 32.46
Forward PE 41.14
Dividend $3.92 (5.25%)
Ex-Dividend Date Sep 30, 2024
Volume 1,429,600
Open 73.53
Previous Close 73.33
Day's Range 73.33 - 76.07
52-Week Range 56.46 - 90.11
Beta 1.19
Analysts Buy
Price Target 81.07 (+8.62%)
Earnings Date Jan 28, 2025

About BXP

BXP, Inc. (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 53.0 million squar... [Read more]

Industry REIT - Office
Sector Real Estate
IPO Date Jun 18, 1997
Employees 836
Stock Exchange NYSE
Ticker Symbol BXP
Full Company Profile

Financial Performance

In 2023, BXP, Inc.'s revenue was $3.24 billion, an increase of 4.71% compared to the previous year's $3.09 billion. Earnings were $190.22 million, a decrease of -77.57%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for BXP stock is "Buy." The 12-month stock price forecast is $81.07, which is an increase of 8.62% from the latest price.

Price Target
$81.07
(8.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Boston's Largest Law Firm Ropes & Gray Signs 413,000 Square Foot Renewal at BXP's Prudential Tower

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 signed an approximately 413,000 ...

3 days ago - Business Wire

BXP Declares Regular Quarterly Dividend

BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its Board of Directors declar...

4 days ago - Business Wire

Earnings Metrics Of Several U.S. Office REITs Drop In Q3

Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office...

9 days ago - Seeking Alpha

Cash COWs And Buried Treasures: 2024 Performance Review

About a year ago, I published two proposed portfolios:  Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). T...

Other symbols: APLEBNLCIOCUZDEIDOCEPR
11 days ago - Seeking Alpha

11 Ultra SWAN Bargains That Could Thrive As The Market Soars To Record Highs

The S&P is up 27% in 2024, including a 5.5% rally in November. The Euphoria index is at record highs, indicating investor sentiment is extremely bullish. While 2025 is likely to see much larger volati...

17 days ago - Seeking Alpha

Property Type Round-Up From REITworld 2024

REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...

Other symbols: AHRAMHAMTAVBBRXBXCDP
19 days ago - Seeking Alpha

The Dark Side Of REIT Investments

Not everything is perfect in REIT world. On the contrary, this is a sector in which you need to be very selective. Here are 5 types of REITs to avoid at all cost:

Other symbols: ADCBXGNLGOODKREFSLGVNQ
6 weeks ago - Seeking Alpha

BXP, Inc. (BXP) Q3 2024 Earnings Call Transcript

BXP, Inc. (NYSE:BXP) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Helen Han - VP, IR Owen Thomas - Chairman and CEO Douglas Linde - President and Director Michae...

7 weeks ago - Seeking Alpha

BXP Announces Third Quarter 2024 Results

BOSTON--(BUSINESS WIRE)--BXP, Inc. (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...

7 weeks ago - Business Wire

Important Trends For REIT Investors

REIT investors must pay close attention to real estate trends. The office sector remains a mess and likely will for a long time to come. Multifamily is suffering temporarily, but 2025 could be a lot b...

Other symbols: AVBCPTCUZEGPFRMAASLG
2 months ago - Seeking Alpha

BXP: Priced Like A Growing Money Market

BXP, Inc. is an office REIT with "premier" properties in major U.S. metropolitan areas. The recent Fed rate cut and potential future cuts should lower interest expense and support new acquisitions. It...

2 months ago - Seeking Alpha

BXP, Inc.: Easy Money Has Been Made (Rating Downgrade)

BXP, Inc.'s high-quality, centrally located, and young office portfolio positions it well to capture demand and maintain high occupancy rates. Easing macroeconomic pressures, such as declining interes...

2 months ago - Seeking Alpha

BXP to Release Third Quarter 2024 Financial Results on October 29, 2024

BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that it will release financial res...

2 months ago - Business Wire

Raise Cash And Sell Trash

As a dividend growth investor focused on income, I recommend raising cash and selling lower-quality stocks due to potential recession risks. Historical data shows that rate cuts often precede recessio...

3 months ago - Seeking Alpha

Buried Treasures: 11 Dramatically Undervalued REITs

REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and a...

Other symbols: APLEBNLCUZDOCEPRGTYKIM
3 months ago - Seeking Alpha

BXP to Present at the BofA Securities 2024 Global Real Estate Conference

BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that Douglas Linde, President, and...

3 months ago - Business Wire

Office REITs find an open door in the bond market

Top owners of high-quality office properties were among a batch of public real-estate investment trusts that raised nearly $2.5 billion in debt and equity in the past week.

Other symbols: CUZKRGNHIUDR
4 months ago - Market Watch

BXP Prices $850 Million Offering of Senior Unsecured Notes

BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP) (“BXP”), the largest publicly traded developer, owner and manager of premier workplaces in the United States, announced today that its operating partners...

4 months ago - Business Wire

Cash Cows: 9 High-Yield REITs With Safe Dividends

High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REI...

4 months ago - Seeking Alpha

Bain Capital Signs 378,000 Square Foot Renewal & Expansion at BXP's 200 Clarendon Street in Boston

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 signed an approximately 378,000 ...

4 months ago - Business Wire

The 'X' Factor For Public REITs

The next cycle for public REITs could be more similar to those of the 1990s and early 2000s than one of the past 14 years. In prior cycles, public REITs enjoyed a cost of capital that allowed for sign...

Other symbols: AVBBXCPTEQRESSKKRPSA
5 months ago - Seeking Alpha

BXP, Inc. (BXP) Q2 2024 Earnings Call Transcript

BXP, Inc. (NYSE:BXP) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Helen Han - Vice President, Investor Relations Owen Thomas - Chairman and Chief Executive Officer ...

5 months ago - Seeking Alpha

BXP Inks More than 1.3 Million Square Feet of Leases in the Second Quarter of 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 signed approximately 1.3 million...

5 months ago - Business Wire

Engineering Firm Bechtel Expands Footprint at BXP's Reston Town Center Amidst Robust Growth

WASHINGTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that global engineering firm Bechtel...

5 months ago - Business Wire

BXP Announces Second Quarter 2024 Results

BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, reported results today for the second quarter ende...

5 months ago - Business Wire