• REIT - Office
  • Real Estate
Boston Properties, Inc. logo
Boston Properties, Inc.
BXP · US · NYSE
68.75
USD
+1.2
(1.75%)
Company Overview

800 BOYLSTON STREET,BOSTON MA 02199,6172363300

CEO

Mr. Owen David Thomas

Employess

836

Sector

Real Estate

Industry

REIT - Office

Website

https://www.bostonproperties.com

Boston Properties (NYSE:BXP) is the largest publicly-held developer and owner of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires and owns a diverse portfolio of primarily Class A office space. The Company's portfolio totals 51.2 million square feet and 196 properties, including six properties under construction/redevelopment.

Next Earnings Date

Nov. 6, 2024

Ex Dividends date

Jul. 31, 2024

Dividend Date

June 28, 2024

YTD Performance

-4.69%

Fiscal Year End

12-31

IPO Date

1997-06-18

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 4.36% 3.80% 5.78% 5.31%
EPS -13.00% -20.33% -28.99% -67.47%
Equity 0.25% 0.01% -0.62% -4.04%
Cash -3.76% 24.30% -1.13% 133.59%
Return On Capital (ROIC) 1.33% 1.63% 1.82% 3.10%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 1,960 14,000 145 862 332
Long Term Debt 14,000 14,700 13,200 13,500 12,200
LT Finance Leases 1,050 454 449 438 424
Shares Outstanding 157 157 156 155 155
Market Cap 11,000 10,600 18,000 14,700 21,300
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
Cash Cows: 9 High-Yield REITs With Safe Dividends
1 month

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 REITs. Seeking Alpha Premium offers a Dividend Safety grade for REITs. A grade of B- or better indicates a mere 1 in 50 risk of a dividend cut.

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

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 square foot lease renewal and expansion with Bain Capital at 200 Clarendon Street in Boston, Massachusetts. 200 Clarendon Street, located in the heart of Boston's Back Bay, is New England's tallest building. The 1.7 million square foot landmark premier workplace tower offers 360° views of Boston an.

businesswire.com
The 'X' Factor For Public REITs
2 months

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 significant external growth, boosting cash flow and dividends per share. Many companies spent the past cycle shoring up their balance sheets to record low leverage and maintaining a low dividend payout to enhance flexibility.

seekingalpha.com
BXP, Inc. (BXP) Q2 2024 Earnings Call Transcript
2 months

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 Douglas Linde - President and Director Michael LaBelle - Executive Vice President, Chief Financial Officer and Treasurer Rodney Diehl - Executive Vice President, West Coast Regions Peter Otteni - Executive Vice President, Co-Head of the Washington, DC Region Jake Stroman - Executive Vice President, Co-Head of the Washington, DC Region Bryan Koop - Executive Vice President, Boston Region Hilary Spann - Executive Vice President, New York Region Conference Call Participants Nick Yulico - Scotiabank Steve Sakwa - Evercore ISI Michael Griffin - Citi John Kim - BMO Capital Markets Blaine Heck - Wells Fargo Camille Bonnel - Bank of America Connor Mitchell - Piper Sandler Caitlin Burrows - Goldman Sachs Vikram Malhotra - Mizuho Floris van Dijkum - Compass Point LLC Reny Pire - Green Street Peter Abramowitz - Jefferies Omotayo Okusanya - Deutsche Bank Upal Rana - KeyBanc Capital Markets Ronald Kamdem - Morgan Stanley Operator Good day, and thank you for standing by. Welcome to BXP's Second Quarter 2024 Earnings Conference Call.

seekingalpha.com
BXP's Q2 FFO Outpaces Estimates, Lease Revenues Rise Y/Y
2 months

BXP's Q2 results beat estimates on better-than-anticipated revenues, aided by healthy leasing activity. It has raised the 2024 FFO per share guidance.

zacks.com
Compared to Estimates, Boston Properties (BXP) Q2 Earnings: A Look at Key Metrics
2 months

The headline numbers for Boston Properties (BXP) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

zacks.com
Boston Properties (BXP) Beats Q2 FFO and Revenue Estimates
2 months

Boston Properties (BXP) came out with quarterly funds from operations (FFO) of $1.77 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to FFO of $1.86 per share a year ago.

zacks.com
BXP Announces Second Quarter 2024 Results
2 months

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 ended June 30, 2024. Financial Highlights Revenue increased 4.1% to $850.5 million for the quarter ended June 30, 2024, compared to $817.2 million for the quarter ended June 30, 2023. Net income attributable to BXP, Inc. of $79.6 million, or $0.51 per diluted share (EPS), for the quarter ended June 30,.

businesswire.com
6 Highest Paying Dividend Blue Chip Stocks to Buy in July
2 months

24/7 Insights Investors count on quality blue-chip companies to pay dependable dividends.

247wallst.com
BXP Gears Up to Report Q2 Earnings: Key Factors to Consider
2 months

BXP's Q2 earnings are likely to have benefited from healthy demand for premium office and life-science assets. However, high interest rates remain a concern.

zacks.com
If I Had To Retire Today With 12 REITs
2 months

REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cut cycle debuts, making them an attractive sector to become overweight. A list of 12 handpicked REITs is provided, offering a combination of high dividend yields, dividend growth, and value for potential investors.

seekingalpha.com
3 REITs to Buy for Retirement: July 2024
2 months

Real estate investment trusts (REITs) represent one of the best ways to get exposure to investing in real estate without having to take on the risks and capital expenditures of purchasing your own property. When buying into a REIT, investors are essentially giving their money as a loan to a capital management firm, which then invests that money into further property as the value of that property grows so two does the dividend yield of the REIT lowering it to provide comfortable returns on the original investment made.

investorplace.com