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BXP $79.39

BXP target price
79.39
0
145
Boston Properties Inc.
Type
Public company
Traded as NYSE: BXP
S&P 500 Component
Industry Real Estate Investment Trust
Founded 1970
Founder Mortimer Zuckerman, Edward H. Linde
Headquarters Boston, Massachusetts, U.S.
Key people
Owen D. Thomas, CEO, Douglas T. Linde, President, Michael E. LaBelle, CFO, Mortimer Zuckerman, Chairman
Products Real Estate Investment Trust, Property Developer
Revenue DecreaseUS$2.49 billion (2015)
Operating income
IncreaseUS$849.36 million (2015)
Net income
IncreaseUS$583.10 million (2015)
Total assets DecreaseUS$18.37 billion (2015)
Total equity IncreaseUS$5.70 billion (2015)
Number of employees
765 (2015)
Subsidiaries Boston Properties Limited Partnership
Website www.bostonproperties.com

Boston Properties, Inc., a self-administered and self-managed American real estate investment trust (REIT), is one of the largest owners, managers and developers of Class A office properties in the United States, with a significant presence in five markets: Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company was founded in 1970 by Mortimer B. Zuckerman and Edward H. Linde in Boston, Massachusetts, where it maintains its headquarters. Boston Properties became a public company in June 1997 and is traded on the New York Stock Exchange under the symbol “BXP.”

Boston Properties is a fully integrated real estate investment trust that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class A office space totaling 47.7 million square feet and consisting of 164 office properties (including six properties under construction), five retail properties, four residential properties (including two properties under construction) and one hotel. Boston Properties is well-known for its in-house building management expertise and responsiveness to tenants’ needs. The Company holds a superior track record in developing premium Central Business District (CBD) office buildings, suburban office centers and build-to-suit projects for the U.S. government and a diverse array of creditworthy tenants.

The company specializes in high-performance workspace and acquired several high-value properties in these markets, including the General Motors Building in New York City for US$2.8 billion, the highest paid for an American office building. It also owns one hotel property and is a member of REBNY.

In 2005, it constructed 901 New York Avenue NW in Washington, D.C. in the Mount Vernon Square neighborhood seven blocks northeast of the White House.

In October 2010, Boston Properties bought the John Hancock Tower and Garage from a partnership between Normandy Real Estate Partners & Five Mile Capital Partners for $930 million.


Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2023 2023-05-08 Future report Set alerts
Q4 2022 2023-01-31 0.78 0.78
Q3 2022 2022-10-25 2.29 2.29
Q2 2022 2022-07-26 1.42 1.42
Q1 2022 2022-05-02 0.91 0.91
Q4 2021 2022-01-25 1.18 1.18
Q3 2021 2021-10-26 0.69 0.69
Q2 2021 2021-07-27 0.71 0.71
Q1 2021 2021-04-27 0.59 0.59
Q4 2020 2021-01-26 0.40 0.40

Ratings

2016-05-12 Boost Price Target SunTrust Neutral $121.00 to $134.00
2016-05-12 Boost Price Target SunTrust Banks Inc. Neutral $121.00 to $134.00
2016-05-05 Boost Price Target Argus Buy $137.00 to $143.00
2016-05-04 Boost Price Target Citigroup Inc. Buy $127.00 to $147.00
2016-05-02 Boost Price Target Deutsche Bank Buy $145.00 to $151.00
2016-05-02 Boost Price Target Deutsche Bank AG Buy $145.00 to $151.00
2016-04-28 Reiterated Rating Stifel Nicolaus Buy $130.00 to $140.00
2016-04-27 Reiterated Rating BMO Capital Markets Buy
2016-02-26 Downgrade Capital One Financial Corp. Overweight to Equal Weight
2016-02-22 Reiterated Rating Deutsche Bank Buy
2016-02-10 Lower Price Target Deutsche Bank Buy $155.00 to $145.00
2016-02-08 Lower Price Target Evercore ISI Buy $138.00 to $135.00
2016-02-05 Lower Price Target DA Davidson Neutral $130.00
2016-02-05 Reiterated Rating Stifel Nicolaus Buy $138.00 to $130.00
2016-01-19 Boost Price Target Credit Suisse Outperform $118.45 to $144.00
2016-01-19 Boost Price Target Credit Suisse Group AG Outperform $118.45 to $144.00
2016-01-05 Boost Price Target Deutsche Bank Buy $154.00 to $155.00
2016-01-04 Downgrade RBC Capital Top Pick to Outperform $155.00
2016-01-04 Downgrade Royal Bank Of Canada Top Pick to Outperform $155.00
2015-12-08 Reiterated Rating Credit Suisse Buy
2015-12-07 Reiterated Rating Credit Suisse Outperform $124.84 to $150.00
2015-12-04 Boost Price Target JPMorgan Chase & Co. Neutral $137.00 to $138.00
2015-12-03 Reiterated Rating Mizuho Buy $144.00 to $157.00
2015-11-27 Boost Price Target Argus Buy $130.00 to $137.00
2015-11-16 Lower Price Target Jefferies Group Hold $123.00
2015-11-13 Initiated Coverage BB&T Corp. Buy $144.50 to $144.50
2015-11-03 Boost Price Target DA Davidson Neutral $122.00 to $145.00
2015-11-03 Lower Price Target BMO Capital Markets Outperform $138.00 to $136.00
2015-11-03 Boost Price Target Stifel Nicolaus Buy $120.00 to $138.00
2015-11-02 Boost Price Target Deutsche Bank Buy $149.00 to $152.00
2015-11-02 Boost Price Target Evercore ISI Buy $133.00 to $136.00
2015-10-26 Lower Price Target Jefferies Group Hold $125.00
2015-10-20 Boost Price Target Barclays Overweight $132.00 to $140.00
2015-10-20 Boost Price Target Barclays PLC Overweight $132.00 to $140.00
2015-09-21 Downgrade Mizuho Buy to Neutral $157.00 to $128.00
2015-09-09 Initiated Coverage BMO Capital Markets Outperform $136.00
2015-09-09 Upgrade Stifel Nicolaus Hold to Buy $120.00
2015-09-08 Reiterated Rating Evercore ISI Buy $140.00 to $133.00
2015-09-08 Lower Price Target Evercore Partners Inc. Buy $140.00 to $133.00
2015-09-04 Lower Price Target Argus Buy $155.00 to $130.00
2015-09-03 Lower Price Target SunTrust Neutral $150.00 to $136.00
2015-08-25 Reiterated Rating Barclays Buy
2015-08-24 Lower Price Target Barclays Overweight $135.00 to $132.00
2015-08-12 Reiterated Rating Deutsche Bank Buy $154.00
2015-07-21 Lower Price Target Jefferies Group Hold $134.00 to $132.00
2015-07-18 Lower Price Target Barclays Overweight $142.00 to $135.00
2015-07-13 Reiterated Rating Goldman Sachs Buy $160.00 to $150.00
2015-07-13 Reiterated Rating Goldman Sachs Group Inc. Buy $160.00 to $150.00
2015-07-03 Reiterated Rating Credit Suisse Outperform $154.00
2015-07-01 Lower Price Target Jefferies Group Hold $134.00
2015-06-25 Downgrade Stifel Nicolaus Buy to Hold
2015-06-09 Reiterated Rating Evercore ISI Buy $148.00 to $143.00
2015-05-18 Boost Price Target Barclays Buy $139.00 to $142.00
2015-05-05 Reiterated Rating Deutsche Bank Buy $152.00 to $154.00
2015-04-20 Set Price Target Barclays Buy $136.00 to $139.00
2015-03-18 Boost Price Target Barclays Overweight $132.00 to $136.00
2015-02-19 Boost Price Target Citigroup Inc. Buy $143.50 to $159.00
2015-02-10 Reiterated Rating Deutsche Bank Buy $149.00 to $152.00
2015-02-05 Boost Price Target Argus Buy $135.00 to $155.00
2015-02-04 Boost Price Target RBC Capital Top Pick $145.00 to $155.00
2015-01-30 Boost Price Target DA Davidson $140.00 to $145.00
2015-01-30 Reiterated Rating Cantor Fitzgerald Buy $144.50
2015-01-26 Boost Price Target Deutsche Bank Buy $143.00 to $149.00
2015-01-23 Downgrade SunTrust Buy to Neutral $138.00 to $150.00
2015-01-22 Reiterated Rating Barclays Buy $132.00
2015-01-13 Boost Price Target Robert W. Baird Neutral $128.00 to $132.00
2015-01-05 Upgrade RBC Capital Outperform to Top Pick $145.00
2014-12-31 Set Price Target Credit Suisse Buy $142.11 to $143.00
2014-12-17 Reiterated Rating JPMorgan Chase & Co. Hold $132.00 to $141.00
2014-12-15 Reiterated Rating Citigroup Inc. Buy $130.00 to $148.00
2014-12-12 Initiated Coverage DA Davidson Neutral $140.00
2014-12-11 Boost Price Target Deutsche Bank Buy $126.00 to $143.00
2014-11-20 Downgrade Robert W. Baird Outperform to Neutral $128.00
2014-11-17 Initiated Coverage Mizuho Buy $144.00
2014-11-11 Initiated Coverage Credit Suisse Outperform to Outperform $147.00
2014-10-21 Initiated Coverage SunTrust Buy
2014-10-02 Reiterated Rating Barclays Overweight $123.00 to $119.00
2014-09-29 Upgrade Evercore ISI Neutral to Buy $126.00
2014-09-25 Upgrade Capital One Financial Corp. Equal Weight to Overweight $130.00 to $135.00
2014-09-18 Upgrade Stifel Nicolaus Hold to Buy $130.00
2014-09-17 Initiated Coverage Wells Fargo & Co. Outperform
2014-09-17 Initiated Coverage Wells Fargo Outperform
2014-09-02 Initiated Coverage Capital One Financial Corp. Equal Weight
2014-08-29 Boost Price Target Argus Buy $126.00 to $130.00
2014-08-21 Boost Price Target Deutsche Bank Buy $125.00 to $126.00
2014-08-04 Boost Price Target RBC Capital Outperform $125.00 to $130.00
2014-07-21 Boost Price Target Barclays Overweight $120.00 to $123.00
2014-07-17 Reiterated Rating Deutsche Bank Buy $119.00 to $125.00
2014-05-30 Boost Price Target JPMorgan Chase & Co. $118.00 to $119.00
2014-05-16 Reiterated Rating Barclays Overweight $121.00 to $120.00
2014-05-13 Boost Price Target Robert W. Baird $113.00 to $122.00
2014-05-06 Boost Price Target RBC Capital Outperform $115.00 to $125.00
2014-05-02 Boost Price Target Argus Buy $120.00 to $126.00
2014-05-01 Boost Price Target Imperial Capital In-Line $110.00 to $115.00
2014-04-22 Reiterated Rating JPMorgan Chase & Co. Neutral $118.00
2014-04-22 Reiterated Rating Barclays Overweight $121.00
2014-04-21 Upgrade Cowen and Company Market Perform to Outperform $100.00 to $132.50
2014-03-10 Boost Price Target Deutsche Bank Buy $113.00 to $119.00
2014-03-06 Initiated Coverage Goldman Sachs Neutral to Buy
2014-02-03 Boost Price Target Jefferies Group Hold $109.00
2014-01-15 Lower Price Target Deutsche Bank $115.00 to $113.00
2013-12-27 Lower Price Target JPMorgan Chase & Co. $123.00 to $110.00
2013-12-19 Upgrade KeyBanc Hold to Buy
2013-11-22 Reiterated Rating Jefferies Group Hold $107.00
2013-11-22 Boost Price Target BMO Capital Markets $11.00 to $12.00
2013-11-18 Upgrade Sandler O'Neill Hold to Buy
2013-11-08 Lower Price Target Jefferies Group Hold $113.00 to $107.00
2013-11-05 Lower Price Target RBC Capital Outperform $120.00 to $115.00
2013-10-30 Boost Price Target JPMorgan Chase & Co. Neutral $116.00 to $123.00
2013-10-22 Boost Price Target Barclays Overweight $110.00 to $116.00
2013-10-08 Downgrade Bank of America Buy to Neutral $118.00
2013-09-18 Lower Price Target Jefferies Group Hold $114.00 to $111.00
2012-12-12 Downgrade Stifel Nicolaus Buy to Hold
2012-10-25 Upgrade Stifel Nicolaus Hold to Buy $120
2012-05-03 Reiterated Imperial Capital In-line $103 to $108
2012-02-08 Reiterated RBC Capital Mkts Sector Perform $110 to $113
2012-01-11 Downgrade RBC Capital Mkts Outperform to Sector Perform $121 to $110
2011-07-14 Reiterated Argus Buy $112 to $120
2016-05-12 Boost Price Target SunTrust Neutral $121.00 to $134.00
2016-05-12 Boost Price Target SunTrust Banks Inc. Neutral $121.00 to $134.00
2016-05-05 Boost Price Target Argus Buy $137.00 to $143.00
2016-05-04 Boost Price Target Citigroup Inc. Buy $127.00 to $147.00
2016-05-02 Boost Price Target Deutsche Bank Buy $145.00 to $151.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
ZUCKERMAN MORTIMER B Executive Chairman 0.48%  (740844) BXP /
LINDE DOUGLAS T President 0.12%  (183463) BXP /
PESTER ROBERT E Senior Vice President 0.03%  (40118) BXP /
LANDIS MITCHELL S Senior Vice President 0.02%  (28387) BXP /
JOHNSTON PETER D Senior Vice President 0.01%  (22934) BXP /
RITCHEY RAYMOND A Executive Vice President 0.01%  (16696) BXP /
KOOP BRYAN J Senior Vice President 0.01%  (14218) BXP /
LABELLE MICHAEL E SVP and CFO 0.01%  (10115) BXP /
SEIDENBERG IVAN G 0.01%  (9038) BLK / BXP /
THOMAS OWEN D Chief Executive Officer 0.01%  (9002) BXP /
TWARDOCK DAVID A 0.01%  (8787) BXP /