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Upturn AI SWOT - About
BXP 
Boston Properties Inc (BXP)
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Upturn Advisory Summary
04/01/2025: BXP (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type Stock | Historic Profit 33.16% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 11.82B USD | Price to earnings Ratio 744 | 1Y Target Price 79.63 |
Price to earnings Ratio 744 | 1Y Target Price 79.63 | ||
Volume (30-day avg) 1494623 | Beta 1.21 | 52 Weeks Range 53.37 - 87.63 | Updated Date 04/1/2025 |
52 Weeks Range 53.37 - 87.63 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 5.83% | Basic EPS (TTM) 0.09 |
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 0.42% | Operating Margin (TTM) 30.52% |
Management Effectiveness
Return on Assets (TTM) 2.42% | Return on Equity (TTM) 1.04% |
Valuation
Trailing PE 744 | Forward PE 38.02 | Enterprise Value 26322902949 | Price to Sales(TTM) 3.5 |
Enterprise Value 26322902949 | Price to Sales(TTM) 3.5 | ||
Enterprise Value to Revenue 7.72 | Enterprise Value to EBITDA 16.27 | Shares Outstanding 158210000 | Shares Floating 144632054 |
Shares Outstanding 158210000 | Shares Floating 144632054 | ||
Percent Insiders 0.2 | Percent Institutions 106.63 |
Analyst Ratings
Rating 3.5 | Target Price 82.79 | Buy 2 | Strong Buy 6 |
Buy 2 | Strong Buy 6 | ||
Hold 12 | Sell 1 | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Boston Properties Inc
Company Overview
History and Background
Boston Properties, Inc. (BXP) was founded in 1970. It is a fully integrated, self-administered and self-managed real estate investment trust (REIT). BXP has evolved from a Boston-focused developer to a national REIT with a significant presence in several key markets.
Core Business Areas
- Commercial Real Estate: Focuses on owning, developing, and managing Class A office properties primarily in five core markets: Boston, New York, San Francisco, Seattle, and Los Angeles. Also includes life science and retail properties.
- Property Management: Provides property management services for its owned properties, including leasing, tenant relations, and building operations.
- Development: Engages in the development of new commercial properties, expanding its portfolio and creating value through construction and leasing.
Leadership and Structure
Owen D. Thomas serves as the Chief Executive Officer and Chairman. The organizational structure includes executive leadership across finance, development, leasing, and property management.
Top Products and Market Share
Key Offerings
- Office Space: BXP's primary offering is Class A office space. They manage millions of square feet across major US cities. They compete with other REITs and private developers. Market share data is difficult to pinpoint precisely but they are a major player in their chosen markets.
- Life Science Properties: BXP has expanded its life science portfolio, catering to the growing demand for lab and research space. Competition includes Alexandria Real Estate Equities and BioMed Realty Trust. Market share data is difficult to pinpoint precisely.
- Retail Space: BXP also manages retail space integrated within its larger developments. They compete with other REITs and private developers focused on retail. Market share data is difficult to pinpoint precisely.
Market Dynamics
Industry Overview
The commercial real estate industry is influenced by economic cycles, interest rates, and demand for office space. The rise of remote work has impacted office occupancy rates, while demand for life science space is increasing. High interest rates and construction costs are headwinds.
Positioning
BXP is positioned as a high-quality owner, developer, and manager of Class A office properties in gateway markets. Its focus on sustainability and tenant amenities provides a competitive advantage. The focus on select markets provides both concentration and potential risk should those markets falter.
Total Addressable Market (TAM)
The total addressable market for commercial real estate in the US is in the trillions of dollars. BXP, with its focus on Class A office space in major markets, targets a significant portion of this TAM. Exact numbers are difficult to calculate given fluctuating valuations and market conditions.
Upturn SWOT Analysis
Strengths
- High-quality Class A office portfolio
- Strong presence in key gateway markets
- Experienced management team
- Focus on sustainability and tenant amenities
- Integrated platform (development, management, leasing)
Weaknesses
- High concentration in specific geographic markets
- Vulnerability to economic downturns and office vacancy rates
- Exposure to high interest rates
- Large capital expenditures for development projects
Opportunities
- Expansion into new geographic markets
- Increased investment in life science properties
- Development of mixed-use projects
- Leveraging technology to enhance property management
Threats
- Economic recession leading to decreased demand for office space
- Rising interest rates increasing borrowing costs
- Increased competition from other REITs and developers
- Remote work trends impacting office occupancy rates
- Construction cost inflation
Competitors and Market Share
Key Competitors
- SL Green Realty Corp (SLG)
- Vornado Realty Trust (VNO)
- Kilroy Realty Corp (KRC)
Competitive Landscape
BXP benefits from a strong portfolio of Class A properties and a well-regarded management team. Competition is intense, with other REITs vying for tenants and development opportunities. BXP focuses on core markets. Some competitors may specialize in certain property types, such as retail.
Major Acquisitions
Land Site in Boston
- Year: 2023
- Acquisition Price (USD millions): 100
- Strategic Rationale: Secured a prime location for future development of a life science building.
Growth Trajectory and Initiatives
Historical Growth: Historical growth needs to be retrieved and updated from the financial resources.
Future Projections: Future projections requires up to date financial data and analyst estimates.
Recent Initiatives: Recent initiatives can be found in BXP's investor relations materials, press releases, and SEC filings.
Summary
Boston Properties is a leading REIT with a high-quality portfolio in core US markets. Its experienced management team and focus on sustainability are strengths. However, BXP faces challenges from economic uncertainty, rising interest rates, and the shift towards remote work. Expansion into the life science sector presents an opportunity for growth. They should watch out for rising costs and office vacancies.
Similar Companies
ARE
Alexandria Real Estate Equities Inc
ARE
Alexandria Real Estate Equities Inc
EQIX
Equinix Inc
EQIX
Equinix Inc
KRC
Kilroy Realty Corp
KRC
Kilroy Realty Corp
SLG
SL Green Realty Corp
SLG
SL Green Realty Corp
VNO
Vornado Realty Trust
VNO
Vornado Realty Trust
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Company Investor Relations Materials
- Industry Reports
- Financial News Articles
- Analyst Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Data and analysis are believed to be reliable, but accuracy is not guaranteed.
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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