BXP, Inc. (BXP)
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]
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 StatementsAnalyst 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.
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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 ...
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...
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 ...
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...
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...
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...