BXP, Inc. (BXP)

US — Real Estate Sector
Peers: ARE  HST  CPT  OHI  AGNC  UDR  ELS  LAMR  AMH  REXR 

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Key Metrics & Ratings

  • symbol BXP
  • Rev/Share 21.8747
  • Book/Share 47.4709
  • PB 2.0481
  • Debt/Equity 3.4643
  • CurrentRatio 1.8408
  • ROIC 0.0493

 

  • MktCap 10264016727.0
  • FreeCF/Share 4.1401
  • PFCF 15.6568
  • PE -51.1746
  • Debt/Assets 0.6672
  • DivYield 0.0519
  • ROE -0.0382

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 5
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade BXP Barclays Equal Weight Overweight -- $82 Jan. 13, 2026
Upgrade BXP KeyBanc Capital Markets Sector Weight Overweight -- $80 Dec. 4, 2025
Upgrade BXP JP Morgan Neutral Overweight -- $83 Oct. 17, 2025
Initiation BXP Ladenburg Thalmann -- Buy -- $85 Oct. 13, 2025
Initiation BXP Cantor Fitzgerald -- Overweight -- $90 Oct. 1, 2025
Downgrade BXP Compass Point Buy Neutral -- $75 Sept. 10, 2025
Downgrade BXP Evercore ISI Outperform In-line -- $76 Sept. 9, 2025
Upgrade BXP JP Morgan Underweight Neutral -- $78 June 23, 2025
Initiation BXP Jefferies -- Buy -- $78 March 17, 2025
Downgrade BXP Wedbush Neutral Underperform $81 $70 Jan. 2, 2025

News

Here's Why Investors Should Retain BXP Stock in Their Portfolio Now
BXP
Published: January 26, 2026 by: Zacks Investment Research
Sentiment: Negative

Premier office assets, long-term leases, capital reallocation and liquidity support BXP's growth, even as competition and construction costs pose risks.

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image for news Here's Why Investors Should Retain BXP Stock in Their Portfolio Now
How Are Office REITs Positioned in Q4 as Demand Gathers Steam?
BXP, CUZ, HIW, SLG
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Positive

Office demand turns positive in the second half of 2025 as leasing improves. However, BXP, CUZ, SLG and HIW head into Q4 with stabilizing vacancy and tight supply.

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image for news How Are Office REITs Positioned in Q4 as Demand Gathers Steam?
Should BXP Stock be in Your Portfolio Pre-Q4 Earnings?
BXP
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Positive

BXP is set to report Q4 2025 results on Jan. 27, with revenues and FFO per share expected to rise on healthy leasing activity.

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image for news Should BXP Stock be in Your Portfolio Pre-Q4 Earnings?
Countdown to Boston Properties (BXP) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
BXP
Published: January 22, 2026 by: Zacks Investment Research
Sentiment: Positive

Besides Wall Street's top-and-bottom-line estimates for Boston Properties (BXP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2025.

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image for news Countdown to Boston Properties (BXP) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Powell Under Pressure
AGG, AGNC, AGNCL, AGNCM, AGNCN, AGNCO, AGNCP, AHT, AMH, AMT, ARE, AVB, AWP, BLDG, BXMT, BXP, CCI, CDP, CUBE, DLR, DOC, EQIX, EQR, ESS, EXR
Published: January 19, 2026 by: Seeking Alpha
Sentiment: Neutral

U.S. equity markets posted mixed performance this past week as investors weighed a resilient slate of economic data against renewed tensions between the White House and the Fed. Investor reaction was surprisingly muted to news that the DOJ opened an investigation into Fed Chair Powell, but markets did reflect increased odds that the FOMC opts to dig in its heels. Encouragingly, benign consumer inflation data kept the broader disinflation narrative intact, while signs of a recovery in the long-sluggish housing sector suggested that affordability dynamics are finally improving.

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image for news Powell Under Pressure
BXP Hits $1B Milestone Under Its Long-Term Asset Sale Plan Strategy
BXP
Published: January 15, 2026 by: Zacks Investment Research
Sentiment: Positive

BXP tops $1B in asset sales, advancing its $1.9B plan and freeing capital to pivot toward premium workplace projects and core gateway markets.

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image for news BXP Hits $1B Milestone Under Its Long-Term Asset Sale Plan Strategy
How Does the Starr Lease at 343 Madison Shape BXP's Growth Story?
BXP
Published: January 08, 2026 by: Zacks Investment Research
Sentiment: Positive

BXP lands a 20-year Starr lease for 275,000 sq ft at 343 Madison, boosting cash flow visibility and validating its bet on premier Midtown offices.

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image for news How Does the Starr Lease at 343 Madison Shape BXP's Growth Story?
BXP vs. GLPI: Which Stock Should Value Investors Buy Now?
BXP, GLPI
Published: November 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Boston Properties (BXP) and Gaming and Leisure Properties (GLPI). But which of these two stocks offers value investors a better bang for their buck right now?

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image for news BXP vs. GLPI: Which Stock Should Value Investors Buy Now?
3 Interest Rate Sensitive Stocks to Buy Before Rates Fall Off a Cliff
BXP, CMA, RCL
Published: November 06, 2025 by: 24/7 Wall Street
Sentiment: Neutral

Investors looking to put capital to work in this difficult-to-predict market certainly have plenty to consider right now.

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image for news 3 Interest Rate Sensitive Stocks to Buy Before Rates Fall Off a Cliff
BXP to Post Q3 Earnings: What to Expect From the Stock?
BXP
Published: October 22, 2025 by: Zacks Investment Research
Sentiment: Positive

BXP's focus on high-quality and life science office conversions is likely to have lifted Q3 leasing, while debt and higher interest costs may weigh on results.

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image for news BXP to Post Q3 Earnings: What to Expect From the Stock?
BXP Stock Gains 15.4% in Six Months: Will the Trend Last?
BXP
Published: September 17, 2025 by: Zacks Investment Research
Sentiment: Positive

BXP stock is up 15.4% in six months, powered by premier office assets, tenant strength and strategic portfolio moves.

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image for news BXP Stock Gains 15.4% in Six Months: Will the Trend Last?
BXP Embraces Dividend Cut to Trigger Strategic Growth
BXP
Published: September 09, 2025 by: Zacks Investment Research
Sentiment: Positive

BXP slashes the dividend by 28.6% to free $50M quarterly for developments and plans asset sales and partnerships aimed at fueling long-term growth.

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image for news BXP Embraces Dividend Cut to Trigger Strategic Growth
BXP, Inc. (BXP) Investor Day 2025 Conference Call Transcript
BXP
Published: September 09, 2025 by: Seeking Alpha
Sentiment: Neutral

BXP, Inc. (NYSE:BXP ) Investor Day 2025 Conference September 8, 2025 10:00 AM EDT Company Participants Helen Han - Vice President of Investor Relations Owen Thomas - CEO & Chairman of the Board Douglas Linde - President & Director Michael LaBelle - Executive VP, Treasurer & CFO Ben Myers - Senior Vice President of Sustainability Richard Ellis - Senior Vice President of Development-Washington, DC James Magaldi - Senior Vice President of Finance & Capital Markets Hilary Spann - Executive Vice President of New York Region Richard Monopoli - Senior Vice President of Development – New York Bryan Koop - Executive …

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image for news BXP, Inc. (BXP) Investor Day 2025 Conference Call Transcript
Bank of America Says Nifty Fifty In Trouble – 5 Low PE Dividend Strong Buy Bargains
BXP, DOC, DVN, EMN, HST
Published: August 22, 2025 by: 24/7 Wall Street
Sentiment: Neutral

Savita Subramanian, the head of equity and quantitative strategies, has been one of the voices at Bank of America that we have followed for years at 24/7 Wall St.

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image for news Bank of America Says Nifty Fifty In Trouble – 5 Low PE Dividend Strong Buy Bargains
4 High-Yield Dividend Giants Demolished Analysts' Q2 Earnings Expectations
BXP, CCI, F, RF
Published: July 31, 2025 by: 24/7 Wall Street
Sentiment: Positive

Investors love dividend stocks, especially those with high yields, because they provide a substantial income stream and offer significant total return potential.

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image for news 4 High-Yield Dividend Giants Demolished Analysts' Q2 Earnings Expectations
BXP, Inc. (BXP) Q2 2025 Earnings Call Transcript
BXP
Published: July 30, 2025 by: Seeking Alpha
Sentiment: Neutral

BXP, Inc. (NYSE:BXP ) Q2 2025 Earnings Conference Call July 30, 2025 10:00 AM ET Company Participants Douglas T. Linde - President & Director Helen Han - Vice President of Investor Relations Hilary J.

Read More
image for news BXP, Inc. (BXP) Q2 2025 Earnings Call Transcript
Boston Properties Q2 Revenues & FFO Beat Estimates, '25 Views Raised
BXP
Published: July 30, 2025 by: Zacks Investment Research
Sentiment: Positive

BXP tops Q2 FFO estimates on strong leasing, but lower occupancy and rising interest costs weigh on yearly growth.

Read More
image for news Boston Properties Q2 Revenues & FFO Beat Estimates, '25 Views Raised
Boston Properties (BXP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
BXP
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Boston Properties (BXP) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Read More
image for news Boston Properties (BXP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Boston Properties (BXP) Q2 FFO and Revenues Top Estimates
BXP
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Boston Properties (BXP) came out with quarterly funds from operations (FFO) of $1.71 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares to FFO of $1.77 per share a year ago.

Read More
image for news Boston Properties (BXP) Q2 FFO and Revenues Top Estimates
BXP Announces Second Quarter 2025 Results
BXP
Published: July 29, 2025 by: Business Wire
Sentiment: Neutral

BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, reported results today for the second quarter ended June 30, 2025. Financial Highlights Second Quarter 2025: Revenue increased 2.1% to $868.5 million for the quarter ended June 30, 2025, compared to $850.5 million for the quarter ended June 30, 2024. Net income attributable to BXP, Inc. of $89.0 million, or $0.56 per diluted share (EPS), for the q.

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image for news BXP Announces Second Quarter 2025 Results
BXP Launches Vertical Construction of 343 Madison Avenue in Midtown Manhattan
BXP
Published: July 29, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today the commencement of full vertical construction of 343 Madison Avenue, a 930,000 square foot premier workplace with direct access to Grand Central's Madison Concourse between 44th and 45th Street. Designed by Kohn Pedersen Fox, the 46-story tower will offer a hospitality-forward amenity program and market leading sustainability features.

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image for news BXP Launches Vertical Construction of 343 Madison Avenue in Midtown Manhattan
BXP to Post Q2 Earnings: What to Expect From the Stock?
BXP
Published: July 23, 2025 by: Zacks Investment Research
Sentiment: Neutral

BXP is expected to post higher Q2 revenues, but rising interest costs may have brought down FFO per share below last year's level.

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image for news BXP to Post Q2 Earnings: What to Expect From the Stock?
Green Bond Issuance By U.S. REITs Down In H1 2025
ARE, BXP, DLR, EQIX, PLD
Published: July 17, 2025 by: Seeking Alpha
Sentiment: Negative

Green bond issuance by US equity real estate investment trusts subsided in the first half of 2025, according to an S&P Global Market Intelligence analysis. Datacenter REIT Equinix was the sole US REIT to issue green bonds in the first half, raising roughly $1.67 billion through two euro-denominated offerings. Since 2018, 25 US REITs have issued green bonds, totaling $42.67 billion in proceeds.

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image for news Green Bond Issuance By U.S. REITs Down In H1 2025
Equity REITs: Takeaways From REITWeek 2025
AHR, AMH, AMT, ARE, AVB, BDN, BRX, BXP, COLD, CPT, CSR, CURB, CUZ, DLR, ELS, EQIX, EXR, GTY, HIW, HR, INVH, IRT, IVT, LINE, MAA
Published: July 02, 2025 by: Seeking Alpha
Sentiment: Positive

REITs are positioned for accelerating earnings growth in 2026-2027, with management teams expressing increased optimism despite ongoing macro uncertainties. Key investment themes include AI-driven data centers, senior housing benefiting from demographic trends, and residential REITs capitalizing on the housing shortage. REITs offer resilient cash flows, potential dividend growth, and superior capital access, making them attractive relative to other asset classes in the current environment.

Read More
image for news Equity REITs: Takeaways From REITWeek 2025
BXP Declares Regular Quarterly Dividend
BXP
Published: June 20, 2025 by: Business Wire
Sentiment: Neutral

BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today 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. BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager.

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image for news BXP Declares Regular Quarterly Dividend
BXP Gains 10.3% in a Month: Time to Buy, Hold or Sell the Stock?
BXP
Published: June 20, 2025 by: Zacks Investment Research
Sentiment: Positive

BXP jumps 10.3% in a month as leasing momentum builds and demand for premier office spaces stays strong.

Read More
image for news BXP Gains 10.3% in a Month: Time to Buy, Hold or Sell the Stock?
Welch's Cuts Ribbon on New HQ Designed for Collaboration, Innovation, and Growth
BXP
Published: June 18, 2025 by: PRNewsWire
Sentiment: Neutral

Ribbon-cutting ceremony commemorates bold step forward for 150-year-old brand WALTHAM, Mass. , June 18, 2025 /PRNewswire/ -- Welch's, an iconic leader in the fruit-based food and beverage industry, celebrated the official opening of its new corporate headquarters at Reservoir Place, owned by BXP, in Waltham, Massachusetts.

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image for news Welch's Cuts Ribbon on New HQ Designed for Collaboration, Innovation, and Growth
BXP Stock Rallies 11.3% in a Month: Will It Continue to Rise?
BXP
Published: June 05, 2025 by: Zacks Investment Research
Sentiment: Positive

BXP jumps 11.3% on strong leasing, backed by rising demand for quality office spaces and portfolio rebalancing efforts, but macro uncertainty could pose risks.

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image for news BXP Stock Rallies 11.3% in a Month: Will It Continue to Rise?
Public REITs Are Positioned For Trophy Office Upside
ARE, BX, BXP, CUZ, HIW, KRC, SLG, VNO
Published: June 02, 2025 by: Seeking Alpha
Sentiment: Positive

Office buildings are experiencing accelerating bifurcation; quality assets in strong markets are outperforming as obsolete buildings face decline or conversion. We capitalized on deeply discounted valuations in 2023-24, notably with HIW, which delivered a +43% total return in 2024. Current leasing momentum, generationally low supply, and return-to-office trends support positive earnings growth for high-quality office REITs.

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image for news Public REITs Are Positioned For Trophy Office Upside
More office space is being removed than added for the first time in at least 25 years
ARE, BXP, CBRE
Published: June 02, 2025 by: CNBC
Sentiment: Negative

More office space is set to be removed than added this year, shrinking the overall office footprint. Office vacancies soared to a record high and still hover right around there at 19%.

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image for news More office space is being removed than added for the first time in at least 25 years

About BXP, Inc. (BXP)

  • IPO Date 1997-06-18
  • Website https://www.bxp.com
  • Industry REIT - Office
  • CEO Owen David Thomas
  • Employees 816

Boston Properties (NYSE:BXP) is the largest publicly-held developer and owner of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires and owns a diverse portfolio of primarily Class A office space. The Company's portfolio totals 51.2 million square feet and 196 properties, including six properties under construction/redevelopment.