Boston Properties, Inc. (BXP)

NYSE: BXP · IEX Real-Time Price · USD
62.83
+0.23 (0.37%)
At close: Mar 18, 2024, 4:00 PM
62.80
-0.03 (-0.05%)
Pre-market: Mar 19, 2024, 5:23 AM EDT
0.37%
Market Cap 9.83B
Revenue (ttm) 3.27B
Net Income (ttm) 190.22M
Shares Out 157.01M
EPS (ttm) 1.21
PE Ratio 51.93
Forward PE 28.72
Dividend $3.92 (6.24%)
Ex-Dividend Date Dec 28, 2023
Volume 797,229
Open 63.03
Previous Close 62.60
Day's Range 62.43 - 63.28
52-Week Range 46.18 - 73.97
Beta 1.17
Analysts Hold
Price Target 69.41 (+10.47%)
Earnings Date Apr 23, 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]

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'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 Statements

Analyst Forecast

According to 19 analysts, the average rating for BXP stock is "Hold." The 12-month stock price forecast is $69.41, which is an increase of 10.47% from the latest price.

Price Target
$69.41
(10.47% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

23 hours ago - Business Wire

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...

15 days ago - New York Post

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...

20 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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.

Other symbols: KRC
7 weeks ago - Market Watch

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

Other symbols: PLD
2 months ago - Yahoo Finance

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.

Other symbols: ESRTSLGVNO
2 months ago - CNBC Television

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.

Other symbols: AREHPPKRCVNO
3 months ago - Market Watch

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 ...

4 months ago - Market Watch

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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.

5 months ago - New York Post

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...

5 months ago - Business Wire

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...

Other symbols: CPTPLD
5 months ago - CNBC Television

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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 ...

6 months ago - PRNewsWire

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.

Other symbols: KRCVNO
6 months ago - Invezz

Here are 19 stocks Jim Cramer is watching, including Chipotle, LULU and Airbnb

Here are some of the tickers on my radar for Tuesday, Sept. 5, taken directly from my reporter's notebook.

Other symbols: ABNBCMGABAXPCCJCNCDPZ
6 months ago - CNBC

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - GuruFocus