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Boston Properties Inc BXP Stock Quote

| Rating as of

NYSE: BXP

Market Closed

| Currency in USD

  • Last Close 59.20
  • Sector Real Estate
  • Industry REIT - Office
  • Investment Style Mid Blend
  • Day Range 58.08  –  60.08
  • Year Range 46.18  –  78.30
  • Market Cap 9.2864 Bil
  • Volume / Avg 2.1 Mil /  1.5 Mil
  • Price / Sales 2.91
  • Price / Book 1.54
  • Forward Div Yield 6.90%
  • Trailing Div Yield 8.28%

Morningstar‘s Stock Analysis BXP

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

U.S. REIT Valuations Offer an Attractive Entry Point for Patient Investors

Suryansh Sharma Equity Analyst

Analyst Note

| Suryansh Sharma |

The share prices of U.S. real estate investment trusts have fallen by approximately 30% from their 2021 highs because of higher interest rates and stress in some commercial real estate sectors. We think that the correction is overdone and the current valuations offer an attractive entry point for patient investors. Our core REIT coverage is trading at a discount of approximately 25% to our fair value estimate. We estimate that the average REIT within our U.S. coverage is currently trading at a dividend yield that is 126 basis points higher than the historical average. We see marked differences in valuation across different REIT sectors in the United States. For instance, the industrial sector is fairly valued, with stock valuations already accounting for future growth, but other sectors like offices, hotels, and malls are trading at attractive discounts.

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Key Statistics BXP

Company Profile BXP

Business Description

Boston Properties owns over 190 properties consisting of approximately 54 million rentable square feet of space. The portfolio is dominated by office buildings and is spread across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C., region. The real estate investment trust also owns limited retail, hotel, and residential properties.

Contact
800 Boylston Street, Suite 1900, Prudential Center
Boston, MA, 02199-8103
Industry REIT - Office
Employees 780

Related Articles BXP

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of BXP’s competitive advantage.

Boston Properties Inc

XNYS: BXP

Kilroy Realty Corp

XNYS: KRC

SL Green Realty Corp

XNYS: SLG

Vornado Realty Trust

XNYS: VNO
Price
59.2031.4036.7822.53
Currency
USDUSDUSDUSD
Change
+$1.31 (2.26%) +$0.79 (2.58%) +$1.63 (4.64%) +$0.69 (3.16%)
Market Cap
9.29 Bil3.68 Bil2.37 Bil4.29 Bil
Industry
REIT - Office REIT - Office REIT - Office REIT - Office
Sector
Real Estate
Real Estate
Real Estate
Real Estate

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Boston Properties Inc Stock

Yes. BXP has a forward dividend yield of 6.62%. See BXP’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

BXP’s market cap is 9.29 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

BXP’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

BXP’s price/sales is 2.91.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

BXP’s price/forward earnings is 14.00.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

BXP’s price/book is 1.54.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See BXP’s valuation ratios compared to the Market Index.

BXP’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare BXP’s historical performance against its industry peers and the overall market.