View ValuationBXP 향후 성장Future 기준 점검 1/6BXP (는) 각각 연간 4.6% 및 4.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 4.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 6.9% 로 예상됩니다.핵심 정보4.6%이익 성장률4.88%EPS 성장률Office REITs 이익 성장17.3%매출 성장률4.2%향후 자기자본이익률6.87%애널리스트 커버리지Good마지막 업데이트15 May 2026최근 향후 성장 업데이트공시 • Apr 29+ 1 more updateBXP, Inc. Updates Earnings Guidance for the Full Year 2026BXP, Inc. updated earnings guidance for the full year 2026. For the full year, the company expects EPS of $2.15- $2.29 per diluted share. The midpoint of full year 2026 guidance for EPS increased by $0.04 per diluted share primarily due to gains on sales recognized in connection with the disposition activity and better-than-projected portfolio performance.공시 • Jan 28BXP, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2026BXP, Inc. provided earnings guidance for the first quarter and full year 2026. For the quarter, the company expects EPS of $0.32 - $0.34. For the full year, the company expects EPS of $2.08 - $2.29.공시 • Oct 29BXP, Inc. Provides Earnings Guidance for Full Year 2025BXP, Inc. provided earnings guidance for full year 2025. The company expects EPS of $0.99 - $1.02 for full year 2025.공시 • Jul 30+ 1 more updateBxp, Inc. Raises Earnings Guidance for Full Year of 2025BXP, Inc. raised earnings guidance for full year of 2025. For the full year, the company expects EPS of $1.74- $1.82. The midpoint of full year 2025 guidance for EPS increased by $0.12 per diluted share primarily due to the gain on sale in connection with the 17 Hartwell Avenue transaction as well as better-than-projected FFO.공시 • Apr 30BXP, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2025BXP, Inc. provided earnings guidance for the Second Quarter and Full Year 2025. For the quarter, the company expects EPS (diluted) of $0.38 to $0.40 For the full year, the company expects EPS (diluted) of $1.60 to $1.72.공시 • Jan 29BXP, Inc. Provides Earnings Guidance for the First Quarter of 2025 and Fiscal Year 2025BXP, Inc. provided earnings guidance for the first quarter of 2025 and fiscal year 2025. The company provided guidance for first quarter 2025 EPS of $0.33 to $0.3. For the full year 2025 EPS of $1.57 to $1.75. The midpoint of guidance for 2025 EPS is projected to be higher than full year 2024 EPS primarily due to the 2024 non-cash impairment charges related to BXP’s investments in its unconsolidated joint ventures that are not projected to reoccur in 2025.모든 업데이트 보기Recent updatesNew Risk • 8hNew minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €525k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Significant insider selling over the past 3 months (€525k sold).공시 • Apr 30Federal Realty Investment Trust (NYSE:FRT) acquired Kingstowne Retail in Washington, DC of BXP, Inc. (NYSE:BXP) for $19.7 million.Federal Realty Investment Trust (NYSE:FRT) acquired Kingstowne Retail in Washington, DC of BXP, Inc. (NYSE:BXP) for $19.7 million on April 17, 2026. A team from Avison Young including Joe French, James Nelson, Erik Edeen, Kyle Borda and Kimberly Troeller marketed the 100%-leased movie theater property on BXP's behalf. Federal Realty Investment Trust (NYSE:FRT) completed the acquisition of Kingstowne Retail in Washington, DC of BXP, Inc. (NYSE:BXP) on April 17, 2026.공시 • Apr 29+ 1 more updateBXP, Inc. Updates Earnings Guidance for the Full Year 2026BXP, Inc. updated earnings guidance for the full year 2026. For the full year, the company expects EPS of $2.15- $2.29 per diluted share. The midpoint of full year 2026 guidance for EPS increased by $0.04 per diluted share primarily due to gains on sales recognized in connection with the disposition activity and better-than-projected portfolio performance.공시 • Apr 13BXP, Inc., Annual General Meeting, May 21, 2026BXP, Inc., Annual General Meeting, May 21, 2026. Location: 200 club, 200 clarendon street, 3rd floor, massachusetts 02116., boston United States공시 • Apr 07BXP, Inc. to Report Q1, 2026 Results on Apr 28, 2026BXP, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2026공시 • Mar 19BXP, Inc. Declares A Regular Quarterly Cash Dividend for the Period January 1, 2026 to March 31, 2026, Payable on April 30, 2026BXP, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.70 per share of common stock for the period January 1, 2026 to March 31, 2026, payable on April 30, 2026 to shareholders of record as of the close of business on March 31, 2026.공시 • Mar 07+ 1 more updateBXP, Inc. has withdrawn its Follow-on Equity Offering in the amount of $600 million.BXP, Inc. has withdrawn its Follow-on Equity Offering in the amount of $600 million. Security Name: Common Stock Security Type: Common Stock Security Features: Closed-End Fund; Income Trust Transaction Features: At the Market Offering공시 • Jan 29An undisclosed buyer acquired 50% stake in Gateway Commons located in South San Francisco from BXP, Inc. (NYSE:BXP).An undisclosed buyer acquired 50% stake in Gateway Commons located in South San Francisco from BXP, Inc. (NYSE:BXP) on January 2, 2026. BXP sold 140 Kendrick Street in Needham, Massachusetts, and BXP’s ownership interests in Gateway Commons in South San Francisco, California and Market Square North in Washington, DC, generated aggregate net proceeds of approximately $397.2 million and an aggregate gain on sale of approximately $65.6 million. An undisclosed buyer completed the acquisition of 50% stake in Gateway Commons located in South San Francisco from BXP, Inc. (NYSE:BXP) on January 2, 2026.공시 • Jan 28BXP, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2026BXP, Inc. provided earnings guidance for the first quarter and full year 2026. For the quarter, the company expects EPS of $0.32 - $0.34. For the full year, the company expects EPS of $2.08 - $2.29.공시 • Jan 16An undisclosed buyer agreed to acquire Two residential properties in Cambridge, Massachusetts and Reston, Virginia from BXP, Inc. (NYSE:BXP) for approximately $410 million.An undisclosed buyer agreed to acquire Two residential properties in Cambridge, Massachusetts and Reston, Virginia from BXP, Inc. (NYSE:BXP) for approximately $410 million recently. The sale of the two residential properties generated an aggregate net proceeds of approximately $405 million.공시 • Jan 07BXP, Inc. to Report Q4, 2025 Results on Jan 27, 2026BXP, Inc. announced that they will report Q4, 2025 results After-Market on Jan 27, 2026공시 • Dec 19BXP, Inc. Declares a Regular Quarterly Cash Dividend for the Period October 1, 2025 to December 31, 2025, Payable on January 29, 2026BXP, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.70 per share of common stock for the period October 1, 2025 to December 31, 2025, payable on January 29, 2026 to shareholders of record as of the close of business on December 31, 2025.공시 • Oct 29BXP, Inc. Provides Earnings Guidance for Full Year 2025BXP, Inc. provided earnings guidance for full year 2025. The company expects EPS of $0.99 - $1.02 for full year 2025.공시 • Oct 01BXP, Inc. to Report Q3, 2025 Results on Oct 28, 2025BXP, Inc. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025공시 • Sep 22BXP, Inc.(NYSE:BXP) dropped from FTSE All-World Index (USD)BXP, Inc.(NYSE:BXP) dropped from FTSE All-World Index (USD)공시 • Sep 08BXP, Inc. Declares Regular Quarterly Dividend for the Period July 1, 2025 to September 30, 2025, Payable on October 31, 2025As part of this strategy, BXP, Inc.’s Board of Directors declared a quarterly cash dividend of $0.70 per share of common stock for the period July 1, 2025 to September 30, 2025, payable on October 31, 2025 to shareholders of record as of the close of business on September 30, 2025.공시 • Jul 30+ 1 more updateBxp, Inc. Raises Earnings Guidance for Full Year of 2025BXP, Inc. raised earnings guidance for full year of 2025. For the full year, the company expects EPS of $1.74- $1.82. The midpoint of full year 2025 guidance for EPS increased by $0.12 per diluted share primarily due to the gain on sale in connection with the 17 Hartwell Avenue transaction as well as better-than-projected FFO.공시 • Jul 01BXP, Inc. to Report Q2, 2025 Results on Jul 29, 2025BXP, Inc. announced that they will report Q2, 2025 results After-Market on Jul 29, 2025공시 • Jun 21BXP, Inc. Declares Regular Quarterly Dividend for the Period April 1, 2025 to June 30, 2025, Payable on July 31, 2025BXP, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2025 to June 30, 2025, payable on July 31, 2025 to shareholders of record as of the close of business on June 30, 2025.공시 • Apr 30BXP, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2025BXP, Inc. provided earnings guidance for the Second Quarter and Full Year 2025. For the quarter, the company expects EPS (diluted) of $0.38 to $0.40 For the full year, the company expects EPS (diluted) of $1.60 to $1.72.공시 • Apr 11BXP, Inc., Annual General Meeting, May 20, 2025BXP, Inc., Annual General Meeting, May 20, 2025. Location: 2100 pennsylvania avebue, nw 3rd floor conference center, dc 20037, washington United States공시 • Mar 20BXP, Inc. Declares Regular Quarterly Dividend for the Period January 1, 2025 to March 31, 2025, Payable on April 30, 2025BXP, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period January 1, 2025 to March 31, 2025, payable on April 30, 2025 to shareholders of record as of the close of business on March 31, 2025.공시 • Jan 29BXP, Inc. Provides Earnings Guidance for the First Quarter of 2025 and Fiscal Year 2025BXP, Inc. provided earnings guidance for the first quarter of 2025 and fiscal year 2025. The company provided guidance for first quarter 2025 EPS of $0.33 to $0.3. For the full year 2025 EPS of $1.57 to $1.75. The midpoint of guidance for 2025 EPS is projected to be higher than full year 2024 EPS primarily due to the 2024 non-cash impairment charges related to BXP’s investments in its unconsolidated joint ventures that are not projected to reoccur in 2025.공시 • Jan 03BXP, Inc. to Report Q4, 2024 Results on Jan 28, 2025BXP, Inc. announced that they will report Q4, 2024 results After-Market on Jan 28, 2025공시 • Dec 19BXP, Inc. Declares Quarterly Cash Dividend for the Period October 1, 2024 to December 31, 2024, Payable on January 30, 2025BXP, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period October 1, 2024 to December 31, 2024, payable on January 30, 2025 to shareholders of record as of the close of business on December 31, 2024.공시 • Oct 30BXP, Inc. Updates Earnings Guidance for the Full Year of 2024BXP, Inc. updated earnings guidance for the full year of 2024. For full year 2024 EPS of $2.05 - $2.07. The midpoint of the guidance for full year 2024 EPS represents a decrease of approximately $0.03 per share compared to the midpoint of BXP’s updated guidance and is primarily due to greater projected depreciation and amortization expense.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: US$0.53 (vs US$0.71 loss in 3Q 2023)Third quarter 2024 results: EPS: US$0.53 (up from US$0.71 loss in 3Q 2023). Revenue: US$859.2m (up 48% from 3Q 2023). Net income: US$83.6m (up US$195.5m from 3Q 2023). Profit margin: 9.7% (up from net loss in 3Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Oct 21Now 21% undervaluedOver the last 90 days, the stock has risen 27% to €80.94. The fair value is estimated to be €102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 18%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.공시 • Oct 03BXP, Inc. to Report Q3, 2024 Results on Oct 29, 2024BXP, Inc. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024Declared Dividend • Sep 16Second quarter dividend of US$0.98 announcedShareholders will receive a dividend of US$0.98. Ex-date: 30th September 2024 Payment date: 31st October 2024 Dividend yield will be 5.1%, which is lower than the industry average of 5.8%.Recent Insider Transactions • Sep 12Senior Executive Vice President recently sold €1.5m worth of stockOn the 9th of September, Raymond Ritchey sold around 22k shares on-market at roughly €67.25 per share. This transaction amounted to 61% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: US$0.51 (vs US$0.67 in 2Q 2023)Second quarter 2024 results: EPS: US$0.51 (down from US$0.67 in 2Q 2023). Revenue: US$850.5m (up 4.6% from 2Q 2023). Net income: US$79.6m (down 24% from 2Q 2023). Profit margin: 9.4% (down from 13% in 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공시 • Jul 09BXP, Inc. to Report Q2, 2024 Results on Jul 30, 2024BXP, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024Declared Dividend • Jun 17First quarter dividend of US$0.98 announcedShareholders will receive a dividend of US$0.98. Ex-date: 28th June 2024 Payment date: 31st July 2024 Dividend yield will be 6.4%, which is higher than the industry average of 5.8%.공시 • Jun 15Boston Properties, Inc. Declares Quarterly Cash Dividend for the Period April 1, 2024 to June 30, 2024, Payable on July 31, 2024Boston Properties, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2024 to June 30, 2024, payable on July 31, 2024 to shareholders of record as of the close of business on June 28, 2024.Reported Earnings • May 02First quarter 2024 earnings released: EPS: US$0.51 (vs US$0.50 in 1Q 2023)First quarter 2024 results: EPS: US$0.51 (up from US$0.50 in 1Q 2023). Revenue: US$839.4m (up 6.1% from 1Q 2023). Net income: US$79.9m (up 2.6% from 1Q 2023). Profit margin: 9.5% (in line with 1Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.공시 • May 01Boston Properties, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and Full Year 2024Boston Properties, Inc. provides earnings guidance for the second quarter of fiscal 2024 and full year 2024. For the quarter, the company provided guidance - EPS of $0.45 - $0.47.For the full year 2024 EPS of $1.97 - $2.09. 2024 EPS has been adjusted primarily due to $0.18 per diluted share in greater depreciation and amortization expense and $0.08 per diluted share in the aforementioned non-cash impairment charge.공시 • Apr 13Boston Properties, Inc., Annual General Meeting, May 22, 2024Boston Properties, Inc., Annual General Meeting, May 22, 2024, at 09:00 Pacific Standard Time. Location: Salesforce Tower 415 Mission Street, 55th Floor San Francisco California United States Agenda: To elect the eleven (11) nominees for director named in the proxy statement, each to serve for a one-year term and until their respective successors are duly elected and qualified; to hold a non-binding, advisory vote on named executive officer compensation; to approve the Fourth Amendment to the Boston Properties, Inc. 1999 Non-Qualified Employee Stock Purchase Plan; to ratify the Audit Committee’s appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider and act upon any other matters that are properly brought by or at the direction of the Board of Directors before the annual meeting and at any adjournments or postponements thereof.공시 • Apr 03Boston Properties, Inc. to Report Q1, 2024 Results on Apr 30, 2024Boston Properties, Inc. announced that they will report Q1, 2024 results After-Market on Apr 30, 2024Declared Dividend • Mar 20Fourth quarter dividend of US$0.98 announcedShareholders will receive a dividend of US$0.98. Ex-date: 27th March 2024 Payment date: 30th April 2024 Dividend yield will be 6.4%, which is higher than the industry average of 5.8%.공시 • Mar 19Boston Properties, Inc. Declares Regular Quarterly Dividend, Payable on April 30, 2024Boston Properties, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period January 1, 2024 to March 31, 2024, payable on April 30, 2024 to shareholders of record as of the close of business on March 28, 2024.Recent Insider Transactions • Mar 10Senior Executive Vice President recently sold €816k worth of stockOn the 6th of March, Raymond Ritchey sold around 14k shares on-market at roughly €57.64 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.5m more than they bought in the last 12 months.Reported Earnings • Feb 29Full year 2023 earnings released: FFO per share: US$7.3 (vs US$7.55 in FY 2022)Full year 2023 results: FFO per share: US$7.3 (down from US$7.55 in FY 2022). Revenue: US$3.24b (up 4.7% from FY 2022). Funds from operations (FFO): US$1.14b (down 3.4% from FY 2022). FFO margin: 35% (down from 38% in FY 2022). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 11% per year.공시 • Feb 02Boston Properties, Inc. Provides Earnings Guidance for the First Quarter of 2024 and Fiscal Year 2024Boston Properties, Inc. provided earnings guidance for the first quarter of 2024 and fiscal year 2024. BXP also provided guidance for first quarter 2024 EPS of $0.66 - $0.68.Full-year 2024 EPS of $2.26 - $2.46. The mid-point of guidance for 2024 EPS is projected to be 95% higher than full year 2023 EPS primarily due to: 2023 non-cash impairment charges of $1.56 per diluted share offset by $0.23 per diluted share of gains related to BXP’s investments in its unconsolidated joint ventures that are not projected to reoccur in 2024.Reported Earnings • Feb 01Full year 2023 earnings released: FFO per share: US$7.3 (vs US$7.55 in FY 2022)Full year 2023 results: FFO per share: US$7.3 (down from US$7.55 in FY 2022). Revenue: US$2.99b (down 3.4% from FY 2022). Funds from operations (FFO): US$1.14b (down 3.4% from FY 2022). FFO margin: 38% (in line with FY 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.Buy Or Sell Opportunity • Jan 31Now 22% undervaluedOver the last 90 days, the stock has risen 23% to €64.48. The fair value is estimated to be €82.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has declined by 5.8%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.공시 • Jan 09Boston Properties, Inc. to Report Q4, 2023 Results on Jan 30, 2024Boston Properties, Inc. announced that they will report Q4, 2023 results After-Market on Jan 30, 2024Buying Opportunity • Dec 19Now 21% undervaluedOver the last 90 days, the stock is up 5.0%. The fair value is estimated to be €81.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has declined by 5.8%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.공시 • Dec 19Boston Properties, Inc. Declares Regular Quarterly Cash Dividend, Payable on January 30, 2024Boston Properties, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period October 1, 2023 to December 31, 2023, payable on January 30, 2024 to shareholders of record as of the close of business on December 29, 2023.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €57.64, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 23x in the Office REITs industry globally. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €80.77 per share.공시 • Nov 15Norges Bank Investment Management entered into agreement to acquire 45% stake in Life Sciences Development Properties Located in Kendall Square in Cambridge, Massachusetts from Boston Properties, Inc. (NYSE:BXP) for $210 million.Norges Bank Investment Management entered into agreement to acquire 45% stake in Life Sciences Development Properties Located in Kendall Square in Cambridge, Massachusetts from Boston Properties, Inc. (NYSE:BXP) for $210 million on November 13, 2023. In a related transaction, Norges Bank Investment Management also acquired 45% stake in 290 Binney Street Located in Kendall Square in Cambridge, Massachusetts on November 13, 2023. BXP will retain the remaining 55 percent interest in the both properties and will manage the properties on behalf of the partnership. Norges Bank Investment Management completed the acquisition of 45% stake in Life Sciences Development Properties Located in Kendall Square in Cambridge, Massachusetts from Boston Properties, Inc. (NYSE:BXP) on November 13, 2023.Reported Earnings • Nov 02Third quarter 2023 earnings released: US$0.71 loss per share (vs US$2.30 profit in 3Q 2022)Third quarter 2023 results: US$0.71 loss per share (down from US$2.30 profit in 3Q 2022). Revenue: US$824.3m (up 5.1% from 3Q 2022). Net loss: US$111.8m (down 131% from profit in 3Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.공시 • Nov 02Boston Properties, Inc. Provides Updated Earnings Guidance for Full Year 2023Boston Properties, Inc. announced that the company provided updated guidance for full year 2023 EPS of $1.05 - $1.07.공시 • Oct 21Clark Construction Group Joins Representatives from BXP to Celebrate the Topping Out of Skymark Reston Town CenterOn October 19, Clark Construction Group joined representatives from BXP to celebrate the topping out of Skymark Reston Town Center, the tallest mixed-use residential tower in the Capital Region. The project is part of the next phase of BXP’s new transit-oriented development that expands Reston Town Center in Fairfax County, Virginia. SCB is the project architect. The residential high-rise will deliver 464 units and is built over a podium containing ground-floor retail, 44 loft-style residential units, and 80,000 square feet of office space across four stories. The building will also feature five levels of above- and below-grade parking. Since breaking ground, concrete crews from Baker Concrete Construction have placed a combined 46,000 cubic yards of concrete to shape the 40-story tower. With this milestone complete, the team will shift its focus to completing the building envelope and interior work. Skymark comes on the heels of the successful delivery of 1950 and 2000 Opportunity Way, the first two office buildings at the expansion of BXP’s Reston Town Center. In addition to the two office towers, the 1.1 million square foot development project includes street retail, a shared below-grade parking facility, a public plaza, and multiple outdoor amenity and green spaces.공시 • Sep 22Boston Properties, Inc. to Report Q3, 2023 Results on Nov 01, 2023Boston Properties, Inc. announced that they will report Q3, 2023 results on Nov 01, 2023Upcoming Dividend • Sep 21Upcoming dividend of US$0.98 per share at 6.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 31 October 2023. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.9%).Recent Insider Transactions • Sep 07Senior Executive Vice President recently sold €4.1m worth of stockOn the 5th of September, Raymond Ritchey sold around 65k shares on-market at roughly €62.64 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.7m more than they bought in the last 12 months.공시 • Sep 06Boston Properties, Inc. Declares Regular Quarterly Dividend, Payable on October 31, 2023Boston Properties, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period July 1, 2023 to September 30, 2023, payable on October 31, 2023 to shareholders of record as of the close of business on September 29, 2023.공시 • Aug 03+ 1 more updateBoston Properties, Inc. Board ChangesEffective July 28, 2023, Boston Properties, Inc.’s independent directors appointed Joel I. Klein to serve as the lead independent director, replacing Kelly A. Ayotte. Ms. Ayotte stepped down as the lead independent director due to the additional time commitment and responsibilities of that role, and the independent directors determined that it is in the best interests of BXP and its stockholders that Mr. Klein once again assume that role. Ms. Ayotte served as BXP’s lead independent director since May 2022 and will remain on BXP’s Board of Directors. Mr. Klein previously served as BXP’s lead independent director from May 2016 to May 2019 and as its independent Chairman from May 2019 to May 2022.공시 • Aug 02BXP Announces Executive ChangesBob Pester, the longtime San Francisco head of BXP and one of the region's most influential commercial real estate executives, will retire in early 2024, ending a 25-year-tenure with the publicly traded Boston developer. Pester, who joined BXP in 1998 and was appointed executive vice president for the San Francisco region in 2016, oversaw development of Salesforce Tower, the city's tallest building, which BXP built with Hines and later bought outright. The company named Pester's successor: Rod Diehl, who currently serves as its San Francisco-based senior vice president of leasing, will be promoted to head BXP's West Coast operations. The new role involves a reorganization that joins the San Francisco, Los Angeles and Seattle regions under one management structure. BXP currently owns and operates some 11.5 million square feet in those three markets collectively. The company said in a statement that Pester and Diehl will jointly lead its West Coast operations through the end of the year. Diehl, a 30-year commercial real estate industry veteran who got his start as a research analyst with Cushman & Wakefield, joined BXP in 2005. Since then, he's secured more than 13 million square feet of leases in the Bay Area and also oversee leasing efforts for the company's 2021 expansion in Seattle and more recently, in Los Angeles. Diehl worked for Bedford Property investors as a senior vice president of acquisitions and regional manager for Northern California before joining BXP. Pester is just the latest leader of developers with local offices to retire or leave their positions. Earlier this year, prolific Los Angeles-based developer and investor John B. Kilroy Jr. announced that he will retire as CEO of Kilroy Realty Corp. at the end of the year. And in March, Paul Paradis, who has represented Texas developer Hines in San Francisco and the rest of the West for nearly 34 years, quietly retired from his post as senior managing director.Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: US$0.67 (vs US$1.42 in 2Q 2022)Second quarter 2023 results: EPS: US$0.67 (down from US$1.42 in 2Q 2022). Revenue: US$817.2m (up 5.9% from 2Q 2022). Net income: US$104.3m (down 53% from 2Q 2022). Profit margin: 13% (down from 29% in 2Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Office REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.공시 • Jul 06Boston Properties, Inc. to Report Q2, 2023 Results on Aug 01, 2023Boston Properties, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 01, 2023공시 • Jun 21Boston Properties, Inc. Declares Regular Quarterly Cash Dividend for the Period April 1, 2023 to June 30, 2023, Payable on July 31, 2023Boston Properties, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2023 to June 30, 2023, payable on July 31, 2023 to shareholders of record as of the close of business on June 30, 2023.New Risk • Jun 15New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €534k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (€534k sold).Recent Insider Transactions • Jun 09Insider recently sold €534k worth of stockOn the 7th of June, Peter Otteni sold around 10k shares on-market at roughly €51.00 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €412k more than they sold in the last 12 months.Recent Insider Transactions • May 31Independent Director recently bought €443k worth of stockOn the 26th of May, Carol Einiger bought around 10k shares on-market at roughly €44.30 per share. This transaction increased Carol's direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €502k. Insiders have collectively bought €945k more in shares than they have sold in the last 12 months.Board Change • May 28High number of new directorsIndependent Director Tony West was the last director to join the board, commencing their role in 2023.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: US$0.50 (vs US$0.91 in 1Q 2022)First quarter 2023 results: EPS: US$0.50 (down from US$0.91 in 1Q 2022). Revenue: US$803.2m (up 6.6% from 1Q 2022). Net income: US$77.9m (down 46% from 1Q 2022). Profit margin: 9.7% (down from 19% in 1Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Office REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.Recent Insider Transactions • Mar 16Independent Director recently bought €502k worth of stockOn the 15th of March, Matthew Lustig bought around 10k shares on-market at roughly €50.22 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €52.29, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the REITs industry in Europe. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €69.64 per share.Buying Opportunity • Mar 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €68.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.7%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings is forecast to decline by 14% per annum over the same time period.Reported Earnings • Feb 02Full year 2022 earnings released: EPS: US$5.42 (vs US$3.18 in FY 2021)Full year 2022 results: EPS: US$5.42 (up from US$3.18 in FY 2021). Revenue: US$3.11b (up 8.5% from FY 2021). Net income: US$848.9m (up 71% from FY 2021). Profit margin: 27% (up from 17% in FY 2021). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.공시 • Feb 01Boston Properties, Inc. Revised Earnings Guidance for the Full Year of 2023Boston Properties, Inc. revised earnings guidance for the full year of 2023. Full year 2023 EPS of $2.36 - $2.46. The mid-point of the updated guidance for full year 2023 EPS is projected to be $0.07 per share greater than the guidance provided on October 25, 2022, primarily due to decreased depreciation and amortization expense.공시 • Jan 05Boston Properties, Inc. to Report Q4, 2022 Results on Jan 31, 2023Boston Properties, Inc. announced that they will report Q4, 2022 results After-Market on Jan 31, 2023Reported Earnings • Oct 28Third quarter 2022 earnings released: FFO per share: US$1.9 (vs US$1.73 in 3Q 2021)Third quarter 2022 results: FFO per share: US$1.9 (up from US$1.73 in 3Q 2021). Revenue: US$783.1m (up 8.4% from 3Q 2021). Funds from operations (FFO): US$299.8m (up 11% from 3Q 2021). FFO margin: 38% (in line with 3Q 2021). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Sep 22Upcoming dividend of US$0.98 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 31 October 2022. Trailing yield: 5.1%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (5.4%).Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: US$1.42 (vs US$0.72 in 2Q 2021)Second quarter 2022 results: EPS: US$1.42 (up from US$0.72 in 2Q 2021). Revenue: US$773.9m (up 9.2% from 2Q 2021). Net income: US$223.0m (up 100% from 2Q 2021). Profit margin: 29% (up from 16% in 2Q 2021). Over the next year, revenue is forecast to grow 4.8%, compared to a 1.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 10% per year.Upcoming Dividend • Jun 22Upcoming dividend of US$0.98 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 July 2022. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.4%). In line with average of industry peers (4.7%).Reported Earnings • May 04First quarter 2022 earnings released: FFO: US$753.6m per share (vs US$1.57 in 1Q 2021)First quarter 2022 results: FFO: US$753.6m per share (up from US$1.57 in 1Q 2021). Revenue: US$753.6m (up 6.7% from 1Q 2021). Funds from operations (FFO): US$286.1m (up 17% from 1Q 2021). FFO margin: 38% (up from 35% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.6% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Buying Opportunity • Mar 31Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.2%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings is also forecast to grow by 8.4% per annum over the same time period.Reported Earnings • Feb 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: FFO: US$2.87b per share (up from US$6.29 in FY 2020). Revenue: US$2.87b (up 4.7% from FY 2020). Funds from operations (FFO): US$1.03b (up 4.9% from FY 2020). FFO margin: 36% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.3% while thereits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 2% per year.Reported Earnings • Jan 26Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$3.18 (down from US$5.54 in FY 2020). Revenue: US$2.89b (up 5.5% from FY 2020). Net income: US$496.2m (down 42% from FY 2020). Profit margin: 17% (down from 32% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.6%, compared to a 4.8% growth forecast for the reits industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year.Recent Insider Transactions • Nov 11Insider recently sold €419k worth of stockOn the 8th of November, Jake Stroman sold around 4k shares on-market at roughly €102 per share. In the last 3 months, there was an even bigger sale from another insider worth €4.3m. Insiders have been net sellers, collectively disposing of €5.4m more than they bought in the last 12 months.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS US$0.69 (vs US$0.58 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$730.1m (up 6.4% from 3Q 2020). Net income: US$108.3m (up 21% from 3Q 2020). Profit margin: 15% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • Sep 22Upcoming dividend of US$0.98 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 29 October 2021. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.3%).Recent Insider Transactions • Sep 08Senior Executive Vice President recently sold €4.3m worth of stockOn the 3rd of September, Raymond Ritchey sold around 45k shares on-market at roughly €95.21 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.0m more than they bought in the last 12 months.Recent Insider Transactions • Sep 01Insider recently sold €483k worth of stockOn the 27th of August, Peter Otteni sold around 5k shares on-market at roughly €96.14 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €685k more than they bought in the last 12 months.Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS US$0.72 (vs US$1.71 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$713.8m (up 9.7% from 2Q 2020). Net income: US$111.7m (down 58% from 2Q 2020). Profit margin: 16% (down from 41% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 22Upcoming dividend of US$0.98 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 30 July 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (3.4%).Recent Insider Transactions • Jun 12Senior VP recently sold €202k worth of stockOn the 10th of June, Frank Burt sold around 2k shares on-market at roughly €101 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Executive Departure • May 18Executive Vice President of Washington DC Region Peter Johnston has left the companyOn the 15th of May, Peter Johnston's tenure in the role of Executive Vice President of Washington DC Region ended. We don't have any record of a personal shareholding under Peter's name. Peter is the only executive to leave the company over the last 12 months.Reported Earnings • Apr 30First quarter 2021 earnings released: FFO US$1.57 per share (vs US$1.53 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: US$705.2m (down 6.1% from 1Q 2020). Funds from operations (FFO): US$243.8m (up US$480.7m from 1Q 2020). FFO margin: 35% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming Dividend of US$0.98 Per ShareWill be paid on the 30th of April to those who are registered shareholders by the 30th of March. The trailing yield of 3.8% is in the top quartile of German dividend payers (3.3%), and it is in line with industry peers (3.6%).Is New 90 Day High Low • Mar 08New 90-day high: €89.50The company is up 7.0% from its price of €84.00 on 08 December 2020. The German market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the REITs industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €112 per share.이익 및 매출 성장 예측DB:BO9 - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20283,618347N/AN/A312/31/20273,582306N/AN/A612/31/20263,480316N/AN/A63/31/20263,1593171,1921,192N/A12/31/20253,1532771,2451,245N/A9/30/20253,425-2001,2211,221N/A6/30/20253,41051,2331,233N/A3/31/20253,397-41,2471,247N/A12/31/20243,380141,2351,235N/A9/30/20243,3443631,2381,238N/A6/30/20243,3141671,2531,253N/A3/31/20243,2831921,2651,265N/A12/31/20233,2361901,3021,302N/A9/30/20233,2011921,2841,284N/A6/30/20233,1696641,2791,279N/A3/31/20233,1287831,2971,297N/A12/31/20223,0918481,2821,282N/A9/30/20223,0389111,2591,259N/A6/30/20222,9766591,1891,189N/A3/31/20222,9135481,2011,201N/A12/31/20212,8664961,1331,133N/A9/30/20212,7893201,1611,161N/A6/30/20212,7523011,1631,163N/A3/31/20212,6944571,1341,134N/A12/31/20202,7388611,1571,157N/A9/30/20202,8429941,1441,144N/A6/30/20202,8981,0121,1701,170N/A3/31/20203,0019091,1491,149N/A12/31/20192,975511N/A1,181N/A9/30/20192,921519N/A1,199N/A6/30/20192,860530N/A1,155N/A3/31/20192,771494N/A1,132N/A12/31/20182,716572N/A1,150N/A9/30/20182,668528N/A1,098N/A6/30/20182,647526N/A1,108N/A3/31/20182,644531N/A898N/A12/31/20172,621452N/A912N/A9/30/20172,598495N/A878N/A6/30/20172,565455N/A818N/A3/31/20172,530418N/A928N/A12/31/20162,561502N/A1,035N/A9/30/20162,548493N/A934N/A6/30/20162,552600N/A940N/A3/31/20162,547583N/A947N/A12/31/20152,513573N/A799N/A9/30/20152,503609N/A835N/A6/30/20152,493553N/A830N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: BO9 의 연간 예상 수익 증가율(4.6%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: BO9 의 연간 수익(4.6%)이 German 시장(17%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: BO9 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: BO9 의 수익(연간 4.2%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: BO9 의 수익(연간 4.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: BO9의 자본 수익률은 3년 후 6.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 07:49종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스BXP, Inc.는 44명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관David RodgersBairdBrendan LynchBarclaysRoss SmotrichBarclays41명의 분석가 더 보기
공시 • Apr 29+ 1 more updateBXP, Inc. Updates Earnings Guidance for the Full Year 2026BXP, Inc. updated earnings guidance for the full year 2026. For the full year, the company expects EPS of $2.15- $2.29 per diluted share. The midpoint of full year 2026 guidance for EPS increased by $0.04 per diluted share primarily due to gains on sales recognized in connection with the disposition activity and better-than-projected portfolio performance.
공시 • Jan 28BXP, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2026BXP, Inc. provided earnings guidance for the first quarter and full year 2026. For the quarter, the company expects EPS of $0.32 - $0.34. For the full year, the company expects EPS of $2.08 - $2.29.
공시 • Oct 29BXP, Inc. Provides Earnings Guidance for Full Year 2025BXP, Inc. provided earnings guidance for full year 2025. The company expects EPS of $0.99 - $1.02 for full year 2025.
공시 • Jul 30+ 1 more updateBxp, Inc. Raises Earnings Guidance for Full Year of 2025BXP, Inc. raised earnings guidance for full year of 2025. For the full year, the company expects EPS of $1.74- $1.82. The midpoint of full year 2025 guidance for EPS increased by $0.12 per diluted share primarily due to the gain on sale in connection with the 17 Hartwell Avenue transaction as well as better-than-projected FFO.
공시 • Apr 30BXP, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2025BXP, Inc. provided earnings guidance for the Second Quarter and Full Year 2025. For the quarter, the company expects EPS (diluted) of $0.38 to $0.40 For the full year, the company expects EPS (diluted) of $1.60 to $1.72.
공시 • Jan 29BXP, Inc. Provides Earnings Guidance for the First Quarter of 2025 and Fiscal Year 2025BXP, Inc. provided earnings guidance for the first quarter of 2025 and fiscal year 2025. The company provided guidance for first quarter 2025 EPS of $0.33 to $0.3. For the full year 2025 EPS of $1.57 to $1.75. The midpoint of guidance for 2025 EPS is projected to be higher than full year 2024 EPS primarily due to the 2024 non-cash impairment charges related to BXP’s investments in its unconsolidated joint ventures that are not projected to reoccur in 2025.
New Risk • 8hNew minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €525k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Significant insider selling over the past 3 months (€525k sold).
공시 • Apr 30Federal Realty Investment Trust (NYSE:FRT) acquired Kingstowne Retail in Washington, DC of BXP, Inc. (NYSE:BXP) for $19.7 million.Federal Realty Investment Trust (NYSE:FRT) acquired Kingstowne Retail in Washington, DC of BXP, Inc. (NYSE:BXP) for $19.7 million on April 17, 2026. A team from Avison Young including Joe French, James Nelson, Erik Edeen, Kyle Borda and Kimberly Troeller marketed the 100%-leased movie theater property on BXP's behalf. Federal Realty Investment Trust (NYSE:FRT) completed the acquisition of Kingstowne Retail in Washington, DC of BXP, Inc. (NYSE:BXP) on April 17, 2026.
공시 • Apr 29+ 1 more updateBXP, Inc. Updates Earnings Guidance for the Full Year 2026BXP, Inc. updated earnings guidance for the full year 2026. For the full year, the company expects EPS of $2.15- $2.29 per diluted share. The midpoint of full year 2026 guidance for EPS increased by $0.04 per diluted share primarily due to gains on sales recognized in connection with the disposition activity and better-than-projected portfolio performance.
공시 • Apr 13BXP, Inc., Annual General Meeting, May 21, 2026BXP, Inc., Annual General Meeting, May 21, 2026. Location: 200 club, 200 clarendon street, 3rd floor, massachusetts 02116., boston United States
공시 • Apr 07BXP, Inc. to Report Q1, 2026 Results on Apr 28, 2026BXP, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2026
공시 • Mar 19BXP, Inc. Declares A Regular Quarterly Cash Dividend for the Period January 1, 2026 to March 31, 2026, Payable on April 30, 2026BXP, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.70 per share of common stock for the period January 1, 2026 to March 31, 2026, payable on April 30, 2026 to shareholders of record as of the close of business on March 31, 2026.
공시 • Mar 07+ 1 more updateBXP, Inc. has withdrawn its Follow-on Equity Offering in the amount of $600 million.BXP, Inc. has withdrawn its Follow-on Equity Offering in the amount of $600 million. Security Name: Common Stock Security Type: Common Stock Security Features: Closed-End Fund; Income Trust Transaction Features: At the Market Offering
공시 • Jan 29An undisclosed buyer acquired 50% stake in Gateway Commons located in South San Francisco from BXP, Inc. (NYSE:BXP).An undisclosed buyer acquired 50% stake in Gateway Commons located in South San Francisco from BXP, Inc. (NYSE:BXP) on January 2, 2026. BXP sold 140 Kendrick Street in Needham, Massachusetts, and BXP’s ownership interests in Gateway Commons in South San Francisco, California and Market Square North in Washington, DC, generated aggregate net proceeds of approximately $397.2 million and an aggregate gain on sale of approximately $65.6 million. An undisclosed buyer completed the acquisition of 50% stake in Gateway Commons located in South San Francisco from BXP, Inc. (NYSE:BXP) on January 2, 2026.
공시 • Jan 28BXP, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2026BXP, Inc. provided earnings guidance for the first quarter and full year 2026. For the quarter, the company expects EPS of $0.32 - $0.34. For the full year, the company expects EPS of $2.08 - $2.29.
공시 • Jan 16An undisclosed buyer agreed to acquire Two residential properties in Cambridge, Massachusetts and Reston, Virginia from BXP, Inc. (NYSE:BXP) for approximately $410 million.An undisclosed buyer agreed to acquire Two residential properties in Cambridge, Massachusetts and Reston, Virginia from BXP, Inc. (NYSE:BXP) for approximately $410 million recently. The sale of the two residential properties generated an aggregate net proceeds of approximately $405 million.
공시 • Jan 07BXP, Inc. to Report Q4, 2025 Results on Jan 27, 2026BXP, Inc. announced that they will report Q4, 2025 results After-Market on Jan 27, 2026
공시 • Dec 19BXP, Inc. Declares a Regular Quarterly Cash Dividend for the Period October 1, 2025 to December 31, 2025, Payable on January 29, 2026BXP, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.70 per share of common stock for the period October 1, 2025 to December 31, 2025, payable on January 29, 2026 to shareholders of record as of the close of business on December 31, 2025.
공시 • Oct 29BXP, Inc. Provides Earnings Guidance for Full Year 2025BXP, Inc. provided earnings guidance for full year 2025. The company expects EPS of $0.99 - $1.02 for full year 2025.
공시 • Oct 01BXP, Inc. to Report Q3, 2025 Results on Oct 28, 2025BXP, Inc. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025
공시 • Sep 22BXP, Inc.(NYSE:BXP) dropped from FTSE All-World Index (USD)BXP, Inc.(NYSE:BXP) dropped from FTSE All-World Index (USD)
공시 • Sep 08BXP, Inc. Declares Regular Quarterly Dividend for the Period July 1, 2025 to September 30, 2025, Payable on October 31, 2025As part of this strategy, BXP, Inc.’s Board of Directors declared a quarterly cash dividend of $0.70 per share of common stock for the period July 1, 2025 to September 30, 2025, payable on October 31, 2025 to shareholders of record as of the close of business on September 30, 2025.
공시 • Jul 30+ 1 more updateBxp, Inc. Raises Earnings Guidance for Full Year of 2025BXP, Inc. raised earnings guidance for full year of 2025. For the full year, the company expects EPS of $1.74- $1.82. The midpoint of full year 2025 guidance for EPS increased by $0.12 per diluted share primarily due to the gain on sale in connection with the 17 Hartwell Avenue transaction as well as better-than-projected FFO.
공시 • Jul 01BXP, Inc. to Report Q2, 2025 Results on Jul 29, 2025BXP, Inc. announced that they will report Q2, 2025 results After-Market on Jul 29, 2025
공시 • Jun 21BXP, Inc. Declares Regular Quarterly Dividend for the Period April 1, 2025 to June 30, 2025, Payable on July 31, 2025BXP, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2025 to June 30, 2025, payable on July 31, 2025 to shareholders of record as of the close of business on June 30, 2025.
공시 • Apr 30BXP, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2025BXP, Inc. provided earnings guidance for the Second Quarter and Full Year 2025. For the quarter, the company expects EPS (diluted) of $0.38 to $0.40 For the full year, the company expects EPS (diluted) of $1.60 to $1.72.
공시 • Apr 11BXP, Inc., Annual General Meeting, May 20, 2025BXP, Inc., Annual General Meeting, May 20, 2025. Location: 2100 pennsylvania avebue, nw 3rd floor conference center, dc 20037, washington United States
공시 • Mar 20BXP, Inc. Declares Regular Quarterly Dividend for the Period January 1, 2025 to March 31, 2025, Payable on April 30, 2025BXP, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period January 1, 2025 to March 31, 2025, payable on April 30, 2025 to shareholders of record as of the close of business on March 31, 2025.
공시 • Jan 29BXP, Inc. Provides Earnings Guidance for the First Quarter of 2025 and Fiscal Year 2025BXP, Inc. provided earnings guidance for the first quarter of 2025 and fiscal year 2025. The company provided guidance for first quarter 2025 EPS of $0.33 to $0.3. For the full year 2025 EPS of $1.57 to $1.75. The midpoint of guidance for 2025 EPS is projected to be higher than full year 2024 EPS primarily due to the 2024 non-cash impairment charges related to BXP’s investments in its unconsolidated joint ventures that are not projected to reoccur in 2025.
공시 • Jan 03BXP, Inc. to Report Q4, 2024 Results on Jan 28, 2025BXP, Inc. announced that they will report Q4, 2024 results After-Market on Jan 28, 2025
공시 • Dec 19BXP, Inc. Declares Quarterly Cash Dividend for the Period October 1, 2024 to December 31, 2024, Payable on January 30, 2025BXP, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period October 1, 2024 to December 31, 2024, payable on January 30, 2025 to shareholders of record as of the close of business on December 31, 2024.
공시 • Oct 30BXP, Inc. Updates Earnings Guidance for the Full Year of 2024BXP, Inc. updated earnings guidance for the full year of 2024. For full year 2024 EPS of $2.05 - $2.07. The midpoint of the guidance for full year 2024 EPS represents a decrease of approximately $0.03 per share compared to the midpoint of BXP’s updated guidance and is primarily due to greater projected depreciation and amortization expense.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: US$0.53 (vs US$0.71 loss in 3Q 2023)Third quarter 2024 results: EPS: US$0.53 (up from US$0.71 loss in 3Q 2023). Revenue: US$859.2m (up 48% from 3Q 2023). Net income: US$83.6m (up US$195.5m from 3Q 2023). Profit margin: 9.7% (up from net loss in 3Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Oct 21Now 21% undervaluedOver the last 90 days, the stock has risen 27% to €80.94. The fair value is estimated to be €102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has declined by 18%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
공시 • Oct 03BXP, Inc. to Report Q3, 2024 Results on Oct 29, 2024BXP, Inc. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024
Declared Dividend • Sep 16Second quarter dividend of US$0.98 announcedShareholders will receive a dividend of US$0.98. Ex-date: 30th September 2024 Payment date: 31st October 2024 Dividend yield will be 5.1%, which is lower than the industry average of 5.8%.
Recent Insider Transactions • Sep 12Senior Executive Vice President recently sold €1.5m worth of stockOn the 9th of September, Raymond Ritchey sold around 22k shares on-market at roughly €67.25 per share. This transaction amounted to 61% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: US$0.51 (vs US$0.67 in 2Q 2023)Second quarter 2024 results: EPS: US$0.51 (down from US$0.67 in 2Q 2023). Revenue: US$850.5m (up 4.6% from 2Q 2023). Net income: US$79.6m (down 24% from 2Q 2023). Profit margin: 9.4% (down from 13% in 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공시 • Jul 09BXP, Inc. to Report Q2, 2024 Results on Jul 30, 2024BXP, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024
Declared Dividend • Jun 17First quarter dividend of US$0.98 announcedShareholders will receive a dividend of US$0.98. Ex-date: 28th June 2024 Payment date: 31st July 2024 Dividend yield will be 6.4%, which is higher than the industry average of 5.8%.
공시 • Jun 15Boston Properties, Inc. Declares Quarterly Cash Dividend for the Period April 1, 2024 to June 30, 2024, Payable on July 31, 2024Boston Properties, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2024 to June 30, 2024, payable on July 31, 2024 to shareholders of record as of the close of business on June 28, 2024.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: US$0.51 (vs US$0.50 in 1Q 2023)First quarter 2024 results: EPS: US$0.51 (up from US$0.50 in 1Q 2023). Revenue: US$839.4m (up 6.1% from 1Q 2023). Net income: US$79.9m (up 2.6% from 1Q 2023). Profit margin: 9.5% (in line with 1Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
공시 • May 01Boston Properties, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and Full Year 2024Boston Properties, Inc. provides earnings guidance for the second quarter of fiscal 2024 and full year 2024. For the quarter, the company provided guidance - EPS of $0.45 - $0.47.For the full year 2024 EPS of $1.97 - $2.09. 2024 EPS has been adjusted primarily due to $0.18 per diluted share in greater depreciation and amortization expense and $0.08 per diluted share in the aforementioned non-cash impairment charge.
공시 • Apr 13Boston Properties, Inc., Annual General Meeting, May 22, 2024Boston Properties, Inc., Annual General Meeting, May 22, 2024, at 09:00 Pacific Standard Time. Location: Salesforce Tower 415 Mission Street, 55th Floor San Francisco California United States Agenda: To elect the eleven (11) nominees for director named in the proxy statement, each to serve for a one-year term and until their respective successors are duly elected and qualified; to hold a non-binding, advisory vote on named executive officer compensation; to approve the Fourth Amendment to the Boston Properties, Inc. 1999 Non-Qualified Employee Stock Purchase Plan; to ratify the Audit Committee’s appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to consider and act upon any other matters that are properly brought by or at the direction of the Board of Directors before the annual meeting and at any adjournments or postponements thereof.
공시 • Apr 03Boston Properties, Inc. to Report Q1, 2024 Results on Apr 30, 2024Boston Properties, Inc. announced that they will report Q1, 2024 results After-Market on Apr 30, 2024
Declared Dividend • Mar 20Fourth quarter dividend of US$0.98 announcedShareholders will receive a dividend of US$0.98. Ex-date: 27th March 2024 Payment date: 30th April 2024 Dividend yield will be 6.4%, which is higher than the industry average of 5.8%.
공시 • Mar 19Boston Properties, Inc. Declares Regular Quarterly Dividend, Payable on April 30, 2024Boston Properties, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period January 1, 2024 to March 31, 2024, payable on April 30, 2024 to shareholders of record as of the close of business on March 28, 2024.
Recent Insider Transactions • Mar 10Senior Executive Vice President recently sold €816k worth of stockOn the 6th of March, Raymond Ritchey sold around 14k shares on-market at roughly €57.64 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.5m more than they bought in the last 12 months.
Reported Earnings • Feb 29Full year 2023 earnings released: FFO per share: US$7.3 (vs US$7.55 in FY 2022)Full year 2023 results: FFO per share: US$7.3 (down from US$7.55 in FY 2022). Revenue: US$3.24b (up 4.7% from FY 2022). Funds from operations (FFO): US$1.14b (down 3.4% from FY 2022). FFO margin: 35% (down from 38% in FY 2022). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 11% per year.
공시 • Feb 02Boston Properties, Inc. Provides Earnings Guidance for the First Quarter of 2024 and Fiscal Year 2024Boston Properties, Inc. provided earnings guidance for the first quarter of 2024 and fiscal year 2024. BXP also provided guidance for first quarter 2024 EPS of $0.66 - $0.68.Full-year 2024 EPS of $2.26 - $2.46. The mid-point of guidance for 2024 EPS is projected to be 95% higher than full year 2023 EPS primarily due to: 2023 non-cash impairment charges of $1.56 per diluted share offset by $0.23 per diluted share of gains related to BXP’s investments in its unconsolidated joint ventures that are not projected to reoccur in 2024.
Reported Earnings • Feb 01Full year 2023 earnings released: FFO per share: US$7.3 (vs US$7.55 in FY 2022)Full year 2023 results: FFO per share: US$7.3 (down from US$7.55 in FY 2022). Revenue: US$2.99b (down 3.4% from FY 2022). Funds from operations (FFO): US$1.14b (down 3.4% from FY 2022). FFO margin: 38% (in line with FY 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.
Buy Or Sell Opportunity • Jan 31Now 22% undervaluedOver the last 90 days, the stock has risen 23% to €64.48. The fair value is estimated to be €82.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has declined by 5.8%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
공시 • Jan 09Boston Properties, Inc. to Report Q4, 2023 Results on Jan 30, 2024Boston Properties, Inc. announced that they will report Q4, 2023 results After-Market on Jan 30, 2024
Buying Opportunity • Dec 19Now 21% undervaluedOver the last 90 days, the stock is up 5.0%. The fair value is estimated to be €81.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has declined by 5.8%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 19% per annum over the same time period.
공시 • Dec 19Boston Properties, Inc. Declares Regular Quarterly Cash Dividend, Payable on January 30, 2024Boston Properties, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period October 1, 2023 to December 31, 2023, payable on January 30, 2024 to shareholders of record as of the close of business on December 29, 2023.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €57.64, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 23x in the Office REITs industry globally. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €80.77 per share.
공시 • Nov 15Norges Bank Investment Management entered into agreement to acquire 45% stake in Life Sciences Development Properties Located in Kendall Square in Cambridge, Massachusetts from Boston Properties, Inc. (NYSE:BXP) for $210 million.Norges Bank Investment Management entered into agreement to acquire 45% stake in Life Sciences Development Properties Located in Kendall Square in Cambridge, Massachusetts from Boston Properties, Inc. (NYSE:BXP) for $210 million on November 13, 2023. In a related transaction, Norges Bank Investment Management also acquired 45% stake in 290 Binney Street Located in Kendall Square in Cambridge, Massachusetts on November 13, 2023. BXP will retain the remaining 55 percent interest in the both properties and will manage the properties on behalf of the partnership. Norges Bank Investment Management completed the acquisition of 45% stake in Life Sciences Development Properties Located in Kendall Square in Cambridge, Massachusetts from Boston Properties, Inc. (NYSE:BXP) on November 13, 2023.
Reported Earnings • Nov 02Third quarter 2023 earnings released: US$0.71 loss per share (vs US$2.30 profit in 3Q 2022)Third quarter 2023 results: US$0.71 loss per share (down from US$2.30 profit in 3Q 2022). Revenue: US$824.3m (up 5.1% from 3Q 2022). Net loss: US$111.8m (down 131% from profit in 3Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, while revenues in the Office REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.
공시 • Nov 02Boston Properties, Inc. Provides Updated Earnings Guidance for Full Year 2023Boston Properties, Inc. announced that the company provided updated guidance for full year 2023 EPS of $1.05 - $1.07.
공시 • Oct 21Clark Construction Group Joins Representatives from BXP to Celebrate the Topping Out of Skymark Reston Town CenterOn October 19, Clark Construction Group joined representatives from BXP to celebrate the topping out of Skymark Reston Town Center, the tallest mixed-use residential tower in the Capital Region. The project is part of the next phase of BXP’s new transit-oriented development that expands Reston Town Center in Fairfax County, Virginia. SCB is the project architect. The residential high-rise will deliver 464 units and is built over a podium containing ground-floor retail, 44 loft-style residential units, and 80,000 square feet of office space across four stories. The building will also feature five levels of above- and below-grade parking. Since breaking ground, concrete crews from Baker Concrete Construction have placed a combined 46,000 cubic yards of concrete to shape the 40-story tower. With this milestone complete, the team will shift its focus to completing the building envelope and interior work. Skymark comes on the heels of the successful delivery of 1950 and 2000 Opportunity Way, the first two office buildings at the expansion of BXP’s Reston Town Center. In addition to the two office towers, the 1.1 million square foot development project includes street retail, a shared below-grade parking facility, a public plaza, and multiple outdoor amenity and green spaces.
공시 • Sep 22Boston Properties, Inc. to Report Q3, 2023 Results on Nov 01, 2023Boston Properties, Inc. announced that they will report Q3, 2023 results on Nov 01, 2023
Upcoming Dividend • Sep 21Upcoming dividend of US$0.98 per share at 6.0% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 31 October 2023. Trailing yield: 6.0%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.9%).
Recent Insider Transactions • Sep 07Senior Executive Vice President recently sold €4.1m worth of stockOn the 5th of September, Raymond Ritchey sold around 65k shares on-market at roughly €62.64 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.7m more than they bought in the last 12 months.
공시 • Sep 06Boston Properties, Inc. Declares Regular Quarterly Dividend, Payable on October 31, 2023Boston Properties, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period July 1, 2023 to September 30, 2023, payable on October 31, 2023 to shareholders of record as of the close of business on September 29, 2023.
공시 • Aug 03+ 1 more updateBoston Properties, Inc. Board ChangesEffective July 28, 2023, Boston Properties, Inc.’s independent directors appointed Joel I. Klein to serve as the lead independent director, replacing Kelly A. Ayotte. Ms. Ayotte stepped down as the lead independent director due to the additional time commitment and responsibilities of that role, and the independent directors determined that it is in the best interests of BXP and its stockholders that Mr. Klein once again assume that role. Ms. Ayotte served as BXP’s lead independent director since May 2022 and will remain on BXP’s Board of Directors. Mr. Klein previously served as BXP’s lead independent director from May 2016 to May 2019 and as its independent Chairman from May 2019 to May 2022.
공시 • Aug 02BXP Announces Executive ChangesBob Pester, the longtime San Francisco head of BXP and one of the region's most influential commercial real estate executives, will retire in early 2024, ending a 25-year-tenure with the publicly traded Boston developer. Pester, who joined BXP in 1998 and was appointed executive vice president for the San Francisco region in 2016, oversaw development of Salesforce Tower, the city's tallest building, which BXP built with Hines and later bought outright. The company named Pester's successor: Rod Diehl, who currently serves as its San Francisco-based senior vice president of leasing, will be promoted to head BXP's West Coast operations. The new role involves a reorganization that joins the San Francisco, Los Angeles and Seattle regions under one management structure. BXP currently owns and operates some 11.5 million square feet in those three markets collectively. The company said in a statement that Pester and Diehl will jointly lead its West Coast operations through the end of the year. Diehl, a 30-year commercial real estate industry veteran who got his start as a research analyst with Cushman & Wakefield, joined BXP in 2005. Since then, he's secured more than 13 million square feet of leases in the Bay Area and also oversee leasing efforts for the company's 2021 expansion in Seattle and more recently, in Los Angeles. Diehl worked for Bedford Property investors as a senior vice president of acquisitions and regional manager for Northern California before joining BXP. Pester is just the latest leader of developers with local offices to retire or leave their positions. Earlier this year, prolific Los Angeles-based developer and investor John B. Kilroy Jr. announced that he will retire as CEO of Kilroy Realty Corp. at the end of the year. And in March, Paul Paradis, who has represented Texas developer Hines in San Francisco and the rest of the West for nearly 34 years, quietly retired from his post as senior managing director.
Reported Earnings • Aug 02Second quarter 2023 earnings released: EPS: US$0.67 (vs US$1.42 in 2Q 2022)Second quarter 2023 results: EPS: US$0.67 (down from US$1.42 in 2Q 2022). Revenue: US$817.2m (up 5.9% from 2Q 2022). Net income: US$104.3m (down 53% from 2Q 2022). Profit margin: 13% (down from 29% in 2Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Office REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.
공시 • Jul 06Boston Properties, Inc. to Report Q2, 2023 Results on Aug 01, 2023Boston Properties, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 01, 2023
공시 • Jun 21Boston Properties, Inc. Declares Regular Quarterly Cash Dividend for the Period April 1, 2023 to June 30, 2023, Payable on July 31, 2023Boston Properties, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period April 1, 2023 to June 30, 2023, payable on July 31, 2023 to shareholders of record as of the close of business on June 30, 2023.
New Risk • Jun 15New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €534k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (€534k sold).
Recent Insider Transactions • Jun 09Insider recently sold €534k worth of stockOn the 7th of June, Peter Otteni sold around 10k shares on-market at roughly €51.00 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €412k more than they sold in the last 12 months.
Recent Insider Transactions • May 31Independent Director recently bought €443k worth of stockOn the 26th of May, Carol Einiger bought around 10k shares on-market at roughly €44.30 per share. This transaction increased Carol's direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €502k. Insiders have collectively bought €945k more in shares than they have sold in the last 12 months.
Board Change • May 28High number of new directorsIndependent Director Tony West was the last director to join the board, commencing their role in 2023.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: US$0.50 (vs US$0.91 in 1Q 2022)First quarter 2023 results: EPS: US$0.50 (down from US$0.91 in 1Q 2022). Revenue: US$803.2m (up 6.6% from 1Q 2022). Net income: US$77.9m (down 46% from 1Q 2022). Profit margin: 9.7% (down from 19% in 1Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Office REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
Recent Insider Transactions • Mar 16Independent Director recently bought €502k worth of stockOn the 15th of March, Matthew Lustig bought around 10k shares on-market at roughly €50.22 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €52.29, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the REITs industry in Europe. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €69.64 per share.
Buying Opportunity • Mar 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €68.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.7%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings is forecast to decline by 14% per annum over the same time period.
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: US$5.42 (vs US$3.18 in FY 2021)Full year 2022 results: EPS: US$5.42 (up from US$3.18 in FY 2021). Revenue: US$3.11b (up 8.5% from FY 2021). Net income: US$848.9m (up 71% from FY 2021). Profit margin: 27% (up from 17% in FY 2021). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.
공시 • Feb 01Boston Properties, Inc. Revised Earnings Guidance for the Full Year of 2023Boston Properties, Inc. revised earnings guidance for the full year of 2023. Full year 2023 EPS of $2.36 - $2.46. The mid-point of the updated guidance for full year 2023 EPS is projected to be $0.07 per share greater than the guidance provided on October 25, 2022, primarily due to decreased depreciation and amortization expense.
공시 • Jan 05Boston Properties, Inc. to Report Q4, 2022 Results on Jan 31, 2023Boston Properties, Inc. announced that they will report Q4, 2022 results After-Market on Jan 31, 2023
Reported Earnings • Oct 28Third quarter 2022 earnings released: FFO per share: US$1.9 (vs US$1.73 in 3Q 2021)Third quarter 2022 results: FFO per share: US$1.9 (up from US$1.73 in 3Q 2021). Revenue: US$783.1m (up 8.4% from 3Q 2021). Funds from operations (FFO): US$299.8m (up 11% from 3Q 2021). FFO margin: 38% (in line with 3Q 2021). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Sep 22Upcoming dividend of US$0.98 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 31 October 2022. Trailing yield: 5.1%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (5.4%).
Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: US$1.42 (vs US$0.72 in 2Q 2021)Second quarter 2022 results: EPS: US$1.42 (up from US$0.72 in 2Q 2021). Revenue: US$773.9m (up 9.2% from 2Q 2021). Net income: US$223.0m (up 100% from 2Q 2021). Profit margin: 29% (up from 16% in 2Q 2021). Over the next year, revenue is forecast to grow 4.8%, compared to a 1.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 10% per year.
Upcoming Dividend • Jun 22Upcoming dividend of US$0.98 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 July 2022. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.4%). In line with average of industry peers (4.7%).
Reported Earnings • May 04First quarter 2022 earnings released: FFO: US$753.6m per share (vs US$1.57 in 1Q 2021)First quarter 2022 results: FFO: US$753.6m per share (up from US$1.57 in 1Q 2021). Revenue: US$753.6m (up 6.7% from 1Q 2021). Funds from operations (FFO): US$286.1m (up 17% from 1Q 2021). FFO margin: 38% (up from 35% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.6% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Mar 31Now 20% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.2%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings is also forecast to grow by 8.4% per annum over the same time period.
Reported Earnings • Feb 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: FFO: US$2.87b per share (up from US$6.29 in FY 2020). Revenue: US$2.87b (up 4.7% from FY 2020). Funds from operations (FFO): US$1.03b (up 4.9% from FY 2020). FFO margin: 36% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.3% while thereits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 2% per year.
Reported Earnings • Jan 26Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$3.18 (down from US$5.54 in FY 2020). Revenue: US$2.89b (up 5.5% from FY 2020). Net income: US$496.2m (down 42% from FY 2020). Profit margin: 17% (down from 32% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.6%, compared to a 4.8% growth forecast for the reits industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year.
Recent Insider Transactions • Nov 11Insider recently sold €419k worth of stockOn the 8th of November, Jake Stroman sold around 4k shares on-market at roughly €102 per share. In the last 3 months, there was an even bigger sale from another insider worth €4.3m. Insiders have been net sellers, collectively disposing of €5.4m more than they bought in the last 12 months.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS US$0.69 (vs US$0.58 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$730.1m (up 6.4% from 3Q 2020). Net income: US$108.3m (up 21% from 3Q 2020). Profit margin: 15% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • Sep 22Upcoming dividend of US$0.98 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 29 October 2021. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.3%).
Recent Insider Transactions • Sep 08Senior Executive Vice President recently sold €4.3m worth of stockOn the 3rd of September, Raymond Ritchey sold around 45k shares on-market at roughly €95.21 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.0m more than they bought in the last 12 months.
Recent Insider Transactions • Sep 01Insider recently sold €483k worth of stockOn the 27th of August, Peter Otteni sold around 5k shares on-market at roughly €96.14 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €685k more than they bought in the last 12 months.
Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS US$0.72 (vs US$1.71 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$713.8m (up 9.7% from 2Q 2020). Net income: US$111.7m (down 58% from 2Q 2020). Profit margin: 16% (down from 41% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 22Upcoming dividend of US$0.98 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 30 July 2021. Trailing yield: 3.3%. Within top quartile of German dividend payers (3.1%). In line with average of industry peers (3.4%).
Recent Insider Transactions • Jun 12Senior VP recently sold €202k worth of stockOn the 10th of June, Frank Burt sold around 2k shares on-market at roughly €101 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Executive Departure • May 18Executive Vice President of Washington DC Region Peter Johnston has left the companyOn the 15th of May, Peter Johnston's tenure in the role of Executive Vice President of Washington DC Region ended. We don't have any record of a personal shareholding under Peter's name. Peter is the only executive to leave the company over the last 12 months.
Reported Earnings • Apr 30First quarter 2021 earnings released: FFO US$1.57 per share (vs US$1.53 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: US$705.2m (down 6.1% from 1Q 2020). Funds from operations (FFO): US$243.8m (up US$480.7m from 1Q 2020). FFO margin: 35% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming Dividend of US$0.98 Per ShareWill be paid on the 30th of April to those who are registered shareholders by the 30th of March. The trailing yield of 3.8% is in the top quartile of German dividend payers (3.3%), and it is in line with industry peers (3.6%).
Is New 90 Day High Low • Mar 08New 90-day high: €89.50The company is up 7.0% from its price of €84.00 on 08 December 2020. The German market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the REITs industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €112 per share.