|
Price: $67.6900
$-0.54 
-0.791%
|
| Day's High:
| $68.41999816894531
| Week Perf:
| -0.44 %
|
| Day's Low: |
$ 67.60 |
30 Day Perf: |
-1.63 % |
| Volume (M): |
848,359 |
52 Wk High: |
$ 79.33 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$65.54 |
| Open: |
$67.80 |
52 Wk Low: |
$49.72 |
|
|
| Market Capitalization (Millions $) |
10,767 |
| Shares
Outstanding (Millions) |
159 |
| Employees |
826 |
| Revenues (TTM) (Millions $) |
3,498 |
| Net Income (TTM) (Millions $) |
430 |
| Cash Flow (TTM) (Millions $) |
102 |
| Capital Exp. (TTM) (Millions $) |
981 |
Business Description
Boston Properties, Inc. (BXP) Overview
Corporate Structure and Operations:
Boston Properties, Inc. is a publicly traded real estate investment trust (REIT) founded in 1997 and headquartered in Boston, Massachusetts. The company is known for being one of the largest owners, managers, and developers of office properties in the United States. BXP operates as a fully integrated real estate company, conducting its business primarily through its subsidiary, Boston Properties Limited Partnership.
Portfolio and Property Holdings:
As of recent reports in 2023, Boston Properties owns, manages, or has interests in a diversified portfolio comprised of:
- Approximately 194 office properties, totaling around 52 million net rentable square feet.
- Several mixed-use properties that often integrate retail and residential elements alongside office space.
- A significant presence in high-demand markets, including Boston, Washington D.C. Midtown Manhattan, San Francisco, and Princeton, NJ.
The companys offerings include:
- Class A office properties, characterized by premium locations and high-quality construction.
- Innovative office/technical properties tailored for modern tenants requiring extensive telecommunications and infrastructure support.
Boston Properties also has undeveloped land holdings, which are critical for future development opportunities, while actively exploring joint ventures that leverage their expertise in development and management.
Business Objectives and Strategies:
Boston Properties focuses on maximizing shareholder value through several strategic objectives:
- Concentrating on major metropolitan areas where demand for high-quality office space is high and growth potential is evident. The company evaluates markets based on barriers to new supply and tenant demand for premium office environments.
- Engaging in complex projects that require significant expertise and resources that may be beyond what smaller competitors possess, including repositioning and refurbishment initiatives.
- Continuously seeking partnerships and joint ventures with landowners or institutional investors to explore new opportunities in desirable markets.
- Actively managing its capital structure to optimize funding for acquisitions, development, and operational activities.
Market Position and Competition:
Boston Properties competes with numerous real estate companies, including both national and local entities that may command larger marketing budgets or have greater financial resources. Key competitive factors for BXP include:
- The quality and location of its properties, which significantly influence tenant attraction and retention.
- Attractive leasing terms that meet tenant needs, including flexible lease structures and allowances for tenant improvements.
- A reputation for excellent management and operational excellence, which enables the company to develop enduring relationships with high-quality tenants.
Sustainability and Innovation:
BXP has shown a commitment to sustainability and energy efficiency by implementing programs aimed at reducing environmental impact across its portfolio. The company has pursued LEED (Leadership in Energy and Environmental Design) certifications for its developments, showcasing a dedication to sustainable building practices.
Recent Developments:
Boston Properties continues to adapt to changing market conditions, including the growing acceptance of hybrid work environments and the increasing demand for flexible office spaces. The company is also actively investing in technology to enhance operational efficiency and tenant experience.
As of late 2023, Boston Properties is navigating the evolving commercial real estate landscape, focusing on maintaining high occupancy rates, optimizing its property operations, and exploring innovative development projects that align with future workforce trends.
This extensive overview reflects Boston Properties stature in the commercial real estate industry, highlighting its strategic focus, competitive positioning, and ongoing commitment to meeting the demands of a dynamic market.
Company Address: Prudential Center, 800 Boylston Street, Suite 1900 Boston 2199 MA
Company Phone Number: 236-3300 Stock Exchange / Ticker: NYSE BXP
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| Stock Performances by Major Competitors |
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| Business Update
Published Wed, Oct 29 2025 4:24 PM UTC
In a landscape characterized by dramatic fluctuations in the commercial real estate market, Boston Properties, Inc. (NYSE: BXP) has reported impressive leasing activity that highlights the firm s robust performance in the third quarter of 2025. BXP, renowned as the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced a s...
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| Business Update
Published Wed, Jan 29 2025 10:22 AM UTC
BXP, Inc. Reports Mixed Q4 2024 Results Amid Market Challenges and Strategic Growth InitiativesBoston-based BXP, Inc. (NYSE: BXP), a leading developer, owner, and manager of premier workplaces in the United States, recently announced its financial results for the fourth quarter and full year of 2024. Despite showing a modest increase in revenue, the company faced a signific...
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| Business Update
Published Tue, Jan 7 2025 4:29 PM UTC
In a dynamic move that signals its robust growth strategy, BXP, the largest publicly traded developer, owner, and manager of premier workplaces in the United States, has executed a series of noteworthy transactions. This includes the acquisition of a substantial property in Washington, D.C. and a significant lease renewal and expansion with Bain Capital in Boston. These deve...
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| Business Update
Published Fri, Dec 20 2024 8:51 AM UTC
In a significant development within Boston s commercial real estate landscape, Boston Properties, Inc. (NYSE: BXP), the nation’s largest publicly traded developer, owner, and manager of premier workspaces, has announced a long-term lease renewal with Ropes & Gray, the city’s largest law firm. The lease for approximately 413,000 square feet at the Prudential Tower will ex...
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| Stocks on the Move
Published Thu, Aug 8 2024 4:00 PM UTC
BXP Inc., one of the largest publicly traded developers, owners, and managers of premier workplaces in the United States, has seen its shares on a tumultuous yet interesting trajectory throughout August 2024. Recent trading data reveals that BXP s stock outperformed many competitors during strong trading days, indicating a resilience in the face of market volatility. On Augu...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
1.99 $ |
| Revenues (TTM) |
22 $
|
| Cash Flow (TTM) |
0.64 $ |
| Cash |
3.92 $
|
| Book Value |
48.53 $
|
| Dividend (TTM) |
3.74 $ |
| Efficiency
|
Current |
| Revenue per Employee
(TTM) |
4,235,402 |
| Net
Income per Employee (TTM) |
520,697 |
| Receivable Turnover Ratio (TTM) |
32.61 |
| Inventory Turnover Ratio (TTM) |
- |
| Asset Turnover Ratio (TTM) |
0.12 |
|
|
| Per Share |
|
| Earnings (TTM) |
1.99 $
|
| Revenues (TTM) |
22 $ |
| Cash Flow (TTM) |
0.64 $ |
| Cash |
3.92 $
|
| Book Value |
48.53 $ |
| Dividend (TTM) |
3.74 $ |
|
|
| |
| Reconciling Items |
|
 0.56 % |
of total Revenue |
| Boston Properties Limited Partnership Reconciling Items |
|
0.56 % |
of total Revenue |
| Management Service |
|
1.06 % |
of total Revenue |
| Management Service Reconciling Items |
|
1.06 % |
of total Revenue |
| Management Service Boston Properties Limited Partnership |
|
1.06 % |
of total Revenue |
| Management Service Boston Properties Limited Partnership Reconciling Items |
|
1.06 % |
of total Revenue |
| Real Estate Other |
|
0.56 % |
of total Revenue |
| Boston |
|
35.73 % |
of total Revenue |
| Los Angeles |
|
1.9 % |
of total Revenue |
| New York |
|
30.71 % |
of total Revenue |
| San Francisco |
|
14.98 % |
of total Revenue |
| Seattle |
|
1.26 % |
of total Revenue |
| Washington DC |
|
13.81 % |
of total Revenue |
| Hotel |
|
1.04 % |
of total Revenue |
| Hotel Boston |
|
1.04 % |
of total Revenue |
|
|
2.09%