BXP Earnings: Strong Occupancy Growth Leads to FFO Beating Management's Third-Quarter Guidance
BXP reported funds from operations of $1.89 per share, and cash same-store net operating income declined 0.3% in the third quarter.
BXP Inc BXP
Bulls Say, Bears Say
Bulls
BXP owns premier properties in supply-constrained cities that have favorable regional dynamics and strong growth prospects. Additionally, the life sciences portfolio of the company should benefit from strong demand in the burgeoning sector.
Bears
Employees are still reluctant to return to the office. Physical building occupancy rates remain at approximately 50%-55% of the prepandemic level.
News
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BXP Announces Third Quarter 2026 Results
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BXP Completes Initial Sale of Partial Interest in 343 Madison Avenue Development
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BXP and JLL Join Fifty at First to Guide Delivery and Leasing of San Francisco's Next Landmark Tower
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BXP to Release Third Quarter 2026 Financial Results on October 27, 2026
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BXP Declares Regular Quarterly Dividend
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BXP to Present at the BofA Securities 2026 Global Real Estate Conference
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BXP Prices $700 Million Offering of Senior Unsecured Notes
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The stock market is reflecting fears of an AI apocalypse for white-collar jobs
Trading Information
- Previous Close Price
- $63.47
- Day Range
- $61.98–63.36
- 52-Week Range
- $49.75–74.93
- Bid/Ask
- $62.20 / $62.30
- Shares Outstanding
- 159.67M
- Market Cap
- $9.96B
- Volume/Avg
- 399,134 / 1M
Key Statistics
- Price/Earnings (Normalized)
- 36.96
- Price/Sales
- 2.85
- Dividend Yield (Trailing)
- 4.41%
- Dividend Yield (Forward)
- 4.41%
- Dividend Payment Schedule
- Jan, Apr, Jul, Oct
- Total Yield
- 4.41%
Company Profile
BXP owns 164 properties consisting of approximately 51.1 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.
- Sector
- Real Estate
- Industry
- REIT - Office
- Stock Style Box
- Small Core
- Total Number of Employees
- 826
- Website
- https://www.bxp.com
Competitors
Valuation
|
Metric
|
BXP
|
KRC
|
SLG
|
|---|---|---|---|
Price/Earnings (Normalized) | 36.96 | 38.36 | — |
Price/Book Value | 1.95 | 0.82 | 1.09 |
Price/Sales | 2.85 | 3.96 | 3.77 |
Price/Cash Flow | 6.72 | 8.76 | 20.84 |
Price/Earnings
BXP
KRC
SLG
Financial Strength
|
Metric
|
BXP
|
KRC
|
SLG
|
|---|---|---|---|
Quick Ratio | 1.52 | 0.93 | 1.11 |
Current Ratio | 1.60 | 0.95 | 1.41 |
Interest Coverage | 1.60 | 1.28 | 0.16 |
Quick Ratio
BXP
KRC
SLG
Profitability
|
Metric
|
BXP
|
KRC
|
SLG
|
|---|---|---|---|
Return on Assets (Normalized) | 2.05% | 0.93% | −1.44% |
Return on Equity (Normalized) | 10.19% | 1.89% | −4.81% |
Return on Invested Capital (Normalized) | 3.95% | 2.05% | 0.37% |
Return on Assets
BXP
KRC
SLG
REIT - Office Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
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|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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VNO
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| Gecina Nom
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| Kilroy Realty Corp
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| LOCK|VdnfTn#^ | LOCK|YWy | $4B | |||
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SLG
| LOCK|TZ^mmz | LOCK|?& | $4B |
United States