A significant driver of top-line growth: Boston Properties, Inc. (BXP)

With 1.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.26 million shares. During the session, the REIT – Office company that operates in wider Real Estate sector, reached to the highest price of $65.83 whereas the lowest price it dropped to was $64.6. The 52-week range on BXP shows that it touched its highest point at $73.97 and its lowest point at $46.80 during that stretch. It currently has a 1-year price target of $69.71. With its current market cap of 10.16 billion, BXP has annualized dividend of $3.92 while the current yield stands at 6.06%. BXP paid its most recent dividend on 1711497600, while the ex-dividend date for that was 1711497600. Beta for the stock currently stands at 1.18.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BXP was up-trending over the past week, with a rise of 7.58%, but this was up by 11.56% over a month. Three-month performance surged to 2.31% while six-month performance rose 26.30%. The stock gained 31.70% in the past year, while it has lost -7.82% so far this year. A look at the trailing 12-month EPS for BXP yields 1.22 with Next year EPS estimates of 1.80. For the next quarter, that number is 0.49. This implies an EPS growth rate of 72.18% for this year and -13.55% for next year.

Float and Shares Shorts:

At present, 157.06 million BXP shares are outstanding with a float of 156.69 million shares on hand for trading. On 2024-04-30, short shares totaled 7.64 million, which was 486.00003000000004 higher than short shares on 1711584000. In addition to Mr. Owen David Thomas as the firm’s CEO & Chairman of the Board, Mr. Douglas T. Linde serves as its President & Director.

Institutional Ownership:

Through their ownership of 1.03355 of BXP’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, BXP reported revenue of $839439000.0 and operating income of $246240000.0. The EBITDA in the recently reported quarter was $500112000.0 and diluted EPS was $0.51.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BXP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.