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Boston Properties (BXP)
NYSE:BXP
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BXP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$50.64 - $74.15
Previous Close$73.12
Volume1.25M
Average Volume (3M)1.24M
Market Cap
$24.24B
Enterprise Value$45.16B
Total Cash (Recent Filing)$722.22M
Total Debt (Recent Filing)$16.13B
Price to Earnings (P/E)68.7
Beta1.18
Next Earnings
Oct 22, 2024EPS Estimate
$0.52Last Dividend Ex-Date
Jun 28, 2024Dividend Yield5.53%
Share Statistics
EPS (TTM)1.06
Shares Outstanding157,933,760
10 Day Avg. Volume758,960
30 Day Avg. Volume1,235,332
Standard Deviation0.10
R-Squared0.36
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.92
Price to Sales (P/S)3.33
Price to Cash Flow (P/CF)7.60
P/FCF Ratio19.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.51
Enterprise Value/Gross Profit21.95
Enterprise Value/Ebitda16.06
Forecast
1Y Price Target
$70.58Price Target Upside-3.47% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Boston Properties News
PremiumPre-Earnings
Is BXP a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Financial GuidanceBXP increased 2024 FFOps guidance by 8 cents at midpoint and introduced 3Q24 FFOps guidance above Street expectations.
Leasing ActivityLeasing velocity accelerated due to improving client demand in the East Coast portfolio, particularly in Boston, Washington D.C., and New York.
Office MarketBXP will be a winner from continued flight to quality in the office market, which is expected to lead to multiple expansion longer term.
Bears Say
LeasingLeasing costs were still high, and the pace of lease-up development in the life science portfolio remains slow, with another quarter passing by without any new leases.
LeverageLeverage also remains uncomfortably high at 7.91x.
OccupancyOffice occupancy decreased 110 basis points quarter-over-quarter to 87.1%, with significant declines in the suburbs, San Francisco, and Los Angeles.
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Ownership Overview
1.18% Insiders
34.43% Mutual Funds
50.17% Other Institutional Investors
14.22% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BXP FAQ
What was Boston Properties’s price range in the past 12 months?
Boston Properties lowest stock price was $50.64 and its highest was $74.15 in the past 12 months.
What is Boston Properties’s market cap?
Currently, no data Available
When is Boston Properties’s upcoming earnings report date?
Boston Properties’s upcoming earnings report date is Oct 22, 2024 which is in 58 days.
How were Boston Properties’s earnings last quarter?
Boston Properties released its earnings results on Jul 30, 2024. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.472 by $0.038.
Is Boston Properties overvalued?
According to Wall Street analysts Boston Properties’s price is currently Overvalued.
Does Boston Properties pay dividends?
Boston Properties pays a Quarterly dividend of $0.98 which represents an annual dividend yield of 5.53%. See more information on Boston Properties dividends here
What is Boston Properties’s EPS estimate?
Boston Properties’s EPS estimate is $0.52.
How many shares outstanding does Boston Properties have?
Boston Properties has 157,933,760 shares outstanding.
What happened to Boston Properties’s price movement after its last earnings report?
Boston Properties reported an EPS of $0.51 in its last earnings report, beating expectations of $0.472. Following the earnings report the stock price went down -1.817%.
Which hedge fund is a major shareholder of Boston Properties?
Among the largest hedge funds holding Boston Properties’s share is First Eagle Investment Management LLC. It holds Boston Properties’s shares valued at 228M.
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Boston Properties Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$70.58 (-3.47% Downside)
$70.58 (-3.47% Downside)
Blogger Sentiment
Bullish
BXP Sentiment 66%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 67.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 5.7%
Last 30 Days ▼ 5.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.69%
12-Months-Change
Fundamentals
Return on Equity
2.83%
Trailing 12-Months
Asset Growth
0.52%
Trailing 12-Months
Company Description
Boston Properties
Boston Properties, Inc. operates as a real estate investment trust. It develops, redevelops, acquires, manages, and owns aportfolio of Class A properties. It operates through the following geographical segments: Boston, New York, San Francisco, and Washington, DC. The company was founded by Mortimer Benjamin Zuckerman and Edward H. Linde in 1970 and is headquartered in Boston, MA.
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BXP Earnings Call
Q2 2024
0:00 / 0:00
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BXP Stock 12 Month Forecast
Average Price Target
$70.58
▼(-3.47% Downside)
Technical Analysis
Best Analysts Covering BXP
1 Year
1 Year Success Rate
11/18 ratings generated profit
1 Year Average Return
+1.96%
reiterated a buy rating last month
Copying Blaine Heck's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +1.96% per trade.
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