Revenue segments as reported by the company.

Lease

Parking and other

Hotel revenue

Development and management services

Direct reimbursements of payroll and related costs from management services contracts

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Rental

Hotel

General and administrative

Depreciation and amortization

Payroll and related costs from management services contracts

Transaction costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Boston Properties

Boston Properties, Inc. operates as a real estate investment trust. It develops, acquires, manages and owns a portfolio of Class A properties. The firm operates through the following geographical locations: Boston, New York, San Francisco and Washington. The company was founded by Mortimer Benjamin Zuckerman and Edward H. Linde in 1970 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Boston Properties (BXP) reports robust Q4 performance amidst market challenges

Boston Properties (BXP) navigated a challenging commercial real estate market in Q4 2022 with resilience, reporting strong financial performance and enhancing liquidity. Despite market uncertainties, the company's strategic focus on premier workplaces and proactive portfolio management bode well for future growth. BXP faces challenges from the current market recession but has opportunities to capitalize on leasing momentum and strategic asset management.

Boston Properties exceeds Q1 guidance, eyes growth amid market challenges

Boston Properties (BXP) showcased resilience in Q1 with strong performance and strategic focus on premier assets and diverse leasing.
While facing challenges in leasing dynamics and execution, the company remains optimistic about future leasing activity and capital availability.
By balancing financial commitments, adapting to market demands, and pursuing growth opportunities, BXP aims to navigate the evolving real estate landscape successfully.

Boston Properties (BXP) exceeds Q2 expectations, poised for strategic growth

Boston Properties (BXP) reported strong Q2 2023 performance, excelling in leasing and showcasing resilience in the premier workplace segment. While facing economic uncertainties and market challenges, BXP remains well-positioned with a focus on strategic development and opportunities for growth.

Boston Properties (BXP) reports strong Q3 performance and navigates challenges

Boston Properties (BXP) reported strong Q3 performance with leasing activity exceeding expectations and stable client demand.
Challenges include economic conditions impacting leasing and slow life sciences demand in certain markets.
Opportunities lie in capitalizing on market distress, incremental FFO from development projects, and attracting institutional partners.
Maintaining dialogue with lenders and owners for opportunities while navigating economic uncertainty and financing challenges.

Boston Properties (BXP) exceeds market expectations in Q4 2023 earnings

Boston Properties (BXP) delivered a strong performance in Q4 and Full Year 2023, surpassing market expectations and showcasing resilience in a challenging market. While facing uncertainties and lower guidance for 2024, the company remains focused on strategic capital allocation, premier workplaces, and accretive investments to drive shareholder value creation.

Boston Properties maintains stable performance amidst market challenges and opportunities

Boston Properties (BXP) delivered stable financial performance in Q1 2024, focusing on strategic leasing, development, and financial management initiatives amidst market challenges.
The company's commitment to sustainability, active pursuit of growth opportunities, and prudent financial strategies position it well for long-term success and resilience.
While facing challenges such as higher interest expenses and financing limitations, Boston Properties remains agile in navigating market dynamics and leveraging opportunities for growth and diversification.
With a strong focus on premier workplace assets, diverse leasing activities, and a strategic shift towards residential development, Boston Properties demonstrates a forward-looking approach to driving sustainable growth and value creation.

Boston Properties excels in Q3, eyes residential expansion and value creation

Boston Properties' Q3 performance showcased resilience and strong leasing activity. The company's focus on premier workplaces and strategic capital allocation positions them well in the market. Despite challenges in occupancy, BXP is pursuing growth opportunities in residential and commercial real estate sectors.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BXP, Inc. operates as a real estate investment trust. It develops, acquires, manages and owns a portfolio of Class A properties. The firm operates through the following geographical locations: Boston, New York, San Francisco and Washington. The company was founded by Mortimer Benjamin Zuckerman and Edward H. Linde in 1970 and is headquartered in Boston, MA.

Arbor Realty Trust

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FedEx

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Snap-on

With the latest inflation data it seems that we're at an interesting inflection point in markets, confirming my original views. Of all sectors, one in particular offers fantastic risk-reward at current levels. Here are 5 of our top picks in the sector.

5 Buy Alerts: The Billionaires Are Wrong, This Is The Next Big Market Move

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Healthpeak Properties

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Simon Property Group

This article was targeted for my mother who is looking to put some dry powder to work so she can take advantage of the opportunities in the REIT sector. The article is the first in a two-part series such that my Mom can use this blueprint for her new REIT portfolio. The objective is to construct a diversified portfolio of 20 REITs that consists of some of the highest-quality REITs that are trading at a wide margin of safety.

Mom's All-Weather REIT Portfolio (Part 1)

Kilroy Realty

Corporate Office Properties Trust

Vornado Realty Trust

If you haven't exactly been monitoring the performance of office-building investments, that's understandable. With offices sitting empty as employees prefer to work from home, the biggest real estate investment trusts, Alexandria Real Estate Equities NYSE: ARE, Boston Properties NYSE: BXP, Corporate Office Properties Trust NYSE: OFC, Kilroy Realty NYSE: KRC and Vornado Realty Trust NYSE: VNO were among the most-beaten down equities in the past 15 months.

Are Dividend-Paying Office REITs Finally Staging A Comeback?

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American Homes 4 Rent

AvalonBay Communities

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Centerspace REIT

CTO Realty Growth

EastGroup Properties

Equinix

Equity Residential

Empire State Realty Trust

Essex Property Trust

Extra Space Storage

Healthcare Realty Trust Inc

Invitation Homes

Independence Realty Trust

InvenTrust Properties Corp

Kimco Realty

Life Storage

Mid-America Apartment Communities

The Chilton REIT Team attended the REITWeek annual conference in New York City, participating in 39 meetings and gaining insights into potential new ideas and the diverse landscape of REIT properties. Amid rising interest rates and a sluggish debt/transaction market, the importance of robust balance sheets was a central theme. Participants noted sustained demand despite potential economic downturn and escalating construction and financing costs.

Equity REITs: Takeaways From NAREIT REITWeek 2023

Boston Properties Inc., an office property REIT, should be able to navigate the post-COVID landscape and the proliferation of new working arrangements with its cash flow-generating abilities intact. The company is focusing on the attractive life sciences industry. By 2026, Boston Properties expects its life sciences property portfolio to represent over 13% of its total annualized rental obligations. Boston Properties' portfolio leased rate stood at 91.0% at the end of March 2023, as its focus on high-growth metropolitan areas has helped shield its portfolio.

Boston Properties: Don't Listen To The Doomsayers, It Is Here To Stay

BOSTON--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that it will release financial results for the second quarter on Tuesday, August 1, 2023, after the close of trading on the NYSE. BXP will host a conference call and webcast on Wednesday, August 2, 2023, at 10:00 A.M. Eastern Time, to discuss the financial results and provide an update on BXP. Participants who would like to join the call.

BXP to Release Second Quarter 2023 Financial Results on August 1, 2023

Medical Properties Trust

High-yield investing can be rewarding but carries significant risks, primarily in the form of potential dividend cuts. We discuss three high-yield stocks whose track records are quite impressive. However, after peaking under their hoods, we have determined that their dividends are potentially at risk of getting cut.

Dividend Cut Alert: 3 Revered High Yield Stocks Getting Risky

Arlington Asset Investment

Agree Realty

AGNC Investment

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Alpine Global Premier Properties Fund

Cambria Global Real Estate ETF

Blackstone Group

Blackstone Mortgage Trust

Crown Castle International

Diversified Healthcare Trust

Ellington Financial

EPR Properties

U.S. equity markets closed-out a volatile first-half at their highest-levels of the year as investors cheered data showing continued resilience in economic activity alongside further signs of cooling inflationary pressure. Rebounding from its worst week since March, the S&P 500 advanced 2.3% to close at its highest-levels since April 2022. The Mid-Cap 400 and Small-Cap 600 each rallied over 4%. Lifted by a recovery in the most beaten-down property sectors, real estate equities led the rally on the week. The Equity REIT Index advanced 4.3% while Mortgage REITs surged 6%.

REITs Lead Quarter-End Rally

Brandywine Realty

Douglas Emmett

SL Green Realty

SL Green is selling a stake in a Manhattan office building at a $2 billion valuation. The deal will help enhance the office REIT's financial profile.

These High-Yielding Dividend Stocks Are Breathing a Huge Sigh of Relief

Demand for high-quality office spaces, expansion efforts and a solid balance sheet bode well for Boston Properties (BXP) despite a choppy macroeconomic landscape and high interest rate environment.

Why You Should Retain Boston Properties (BXP) Stock for Now

Boston Properties is a property developer and operator with a primary focus on premier workplaces in the office sector. Their actual growth of cash earnings has fallen well short of what they seem to project. We explore why and end up recommending BXP for income investors but not for high upside.

Boston Properties: The Question Of Upside Or Income

Hudson Pacific Properties

In early June, I read an article about Shark Tank star Barbara Corcoran's thoughts about the current state of affairs for office space. “No one really believes it's going to turn the corner,” Fortune reported Corcoran's comments.

3 Office REITs to Sell Before the Commercial Property Crash

CareTrust REIT

National Retail Properties

Realty Income Corp

Public Storage

Vici Properties

W. P. Carey

The artificial intelligence craze has taken over the markets last week.

Stay The Course: This Too Will Pass

Boston Properties is a high-quality office REIT with an 8% yield and a BBB+ credit rating, making it an attractive investment despite its recent decline. The company's strong fundamentals, good dividend coverage, and positive underlying trends suggest that it is undervalued and has significant upside potential. Boston Properties is given a "Buy" rating with a price target of $80/share, based on a 10x P/FFO valuation.

Boston Properties: Plenty To Like, Massive Upside After Q1

News for Boston Properties Stock (BXP)