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Upturn AI SWOT - About
BXP 
Boston Properties Inc (BXP)
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Upturn Advisory Summary
07/02/2025: BXP (3-star) is a REGULAR-BUY. BUY since 31 days. Profits (2.00%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Number of Analysts
22 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $76.32
1 Year Target Price $76.32
| 6 | Strong Buy |
| 3 | Buy |
| 11 | Hold |
| 1 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 47.08% | Avg. Invested days 50 | Today’s Advisory Regular Buy |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 07/02/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 12.04B USD | Price to earnings Ratio - | 1Y Target Price 76.32 |
Price to earnings Ratio - | 1Y Target Price 76.32 | ||
Volume (30-day avg) 22 | Beta 1.19 | 52 Weeks Range 53.45 - 86.38 | Updated Date 07/2/2025 |
52 Weeks Range 53.45 - 86.38 | Updated Date 07/2/2025 | ||
Dividends yield (FY) 5.81% | Basic EPS (TTM) -0.03 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -0.13% | Operating Margin (TTM) 28.38% |
Management Effectiveness
Return on Assets (TTM) 2.46% | Return on Equity (TTM) 0.8% |
Valuation
Trailing PE - | Forward PE 35.34 | Enterprise Value 26719743492 | Price to Sales(TTM) 3.54 |
Enterprise Value 26719743492 | Price to Sales(TTM) 3.54 | ||
Enterprise Value to Revenue 7.78 | Enterprise Value to EBITDA 16.69 | Shares Outstanding 158324992 | Shares Floating 147271956 |
Shares Outstanding 158324992 | Shares Floating 147271956 | ||
Percent Insiders 0.21 | Percent Institutions 108.14 |
Upturn AI SWOT
Boston Properties Inc
Company Overview
History and Background
Boston Properties (BXP) was founded in 1970. It became a publicly traded REIT in 1997. Initially focused on Boston, it has expanded to major US markets, developing and acquiring premier office properties.
Core Business Areas
- Office: Ownership, management, development, and acquisition of Class A office properties, primarily in urban markets.
- Retail: Ownership, management, and leasing of retail spaces primarily within its office properties.
- Residential: Development and ownership of residential properties, often in mixed-use developments alongside office properties.
- Hotel: Ownership and management of Hotels. BXP only owns a small number of hotels. BXP will sometimes sell the management to another company.
Leadership and Structure
Owen D. Thomas serves as CEO. The company operates as a REIT with a board of directors overseeing strategic decisions. The structure is departmentalized by region and property type, with centralized corporate functions.
Top Products and Market Share
Key Offerings
- Class A Office Space: High-quality office properties in gateway markets. BXP has 52.4 million square feet of office space as of December 31, 2023. Competitors include SL Green, Vornado Realty Trust, and Kilroy Realty.
- Retail Space: Retail spaces integrated into office and mixed-use properties. The exact revenue figures are not publicly broken out and are reported by the company in the broader office segment. Competitors are other REITs with a large real estate portfolio in gateway market.
- Residential Properties: Luxury residential units within mixed-use developments. Revenue data is reported as a small portion of the retail segment and is not broken out for specific figures. Competitors are other real estate REITS and luxury residential owners in gateway markets
Market Dynamics
Industry Overview
The REIT industry is affected by interest rates, economic growth, and demand for physical office space. The hybrid working model has impacted demand for office space. Inflationary pressures are impacting operating expenses.
Positioning
BXP is a leading REIT focused on premier properties in high-barrier-to-entry markets. Its strengths include high-quality assets and a strong tenant base.
Total Addressable Market (TAM)
The total US commercial real estate market is valued in the trillions of dollars. BXP is positioned as a major player, but market share is fragmented across many REITs and private owners. The total addressable market is massive but the percentage that BXP can obtain is limited given their conservative growth strategy.
Upturn SWOT Analysis
Strengths
- High-quality Class A office portfolio
- Strong presence in gateway markets
- Experienced management team
- Solid balance sheet and access to capital
- Strong relationships with tenants
Weaknesses
- High concentration in office sector
- Exposure to economic cycles
- Dependence on large tenants
- Sensitivity to interest rate changes
Opportunities
- Acquire undervalued assets
- Develop new properties in growth markets
- Expand into new property types (e.g., life science)
- Increase focus on sustainability and ESG initiatives
- Capitalize on demand for mixed-use developments
Threats
- Economic downturns
- Rising interest rates
- Increased competition
- Changes in tenant preferences (e.g., remote work)
- Geopolitical risks
Competitors and Market Share
Key Competitors
- SL Green Realty Corp (SLG)
- Vornado Realty Trust (VNO)
- Kilroy Realty Corp (KRC)
Competitive Landscape
BXP's advantages include its Class A portfolio, strong tenant relationships, and development capabilities. Disadvantages include its concentration in the office sector and sensitivity to economic cycles. It is a leader in sustainability.
Major Acquisitions
1800 Atlantic Street Stamford, CT
- Year: 2023
- Acquisition Price (USD millions): 110
- Strategic Rationale: High-quality suburban office asset with strong transit connectivity.
Growth Trajectory and Initiatives
Historical Growth: BXP has grown through acquisitions, development, and organic leasing activity.
Future Projections: Future growth is tied to demand for office space and BXP's ability to execute strategic initiatives. Analyst estimates vary depending on economic outlook.
Recent Initiatives: Recent initiatives include sustainable building practices, development of lab and life science properties, and capital recycling through dispositions and acquisitions.
Summary
Boston Properties is a leading REIT with a strong portfolio of Class A office properties. Its focus on gateway markets and sustainability is working well. It needs to be aware of the changes in the office working environment and the threat from higher interest rates. While the company has adapted well in a changing market it still must continue to innovate.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Boston Properties Investor Relations
- SEC Filings
- Analyst Reports
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market data can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Boston Properties Inc
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 1997-06-18 | CEO & Chairman of the Board Mr. Owen David Thomas | ||
Sector Real Estate | Industry REIT - Office | Full time employees 816 | Website https://www.bxp.com |
Full time employees 816 | Website https://www.bxp.com | ||
BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). Including properties owned by unconsolidated joint ventures, BXP's portfolio totals 53.3 million square feet and 185 properties, including seven properties under construction/redevelopment.
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