News articles about Boston Properties (NYSE:BXP) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Boston Properties earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 45.6753146364856 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Boston Properties Inc. (BXP) PT Raised to $133 at Evercore ISI – StreetInsider.com (streetinsider.com)
- Friday Sector Leaders: Technology & Communications, Financial (nasdaq.com)
- Boston Properties’ (BXP) “In-Line” Rating Reiterated at Evercore ISI (americanbankingnews.com)
- Boston Properties (BXP) vs. The Competition Financial Analysis (americanbankingnews.com)
Shares of Boston Properties (NYSE:BXP) opened at 126.92 on Friday. Boston Properties has a 52 week low of $113.69 and a 52 week high of $140.13. The firm has a market capitalization of $19.59 billion, a price-to-earnings ratio of 43.02 and a beta of 0.65. The firm has a 50-day moving average price of $121.54 and a 200-day moving average price of $124.32.
Boston Properties (NYSE:BXP) last posted its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.05. The firm had revenue of $656.90 million for the quarter, compared to analyst estimates of $645.96 million. Boston Properties had a return on equity of 5.98% and a net margin of 18.18%. Boston Properties’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.44 earnings per share. On average, equities analysts expect that Boston Properties will post $2.76 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, September 29th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend is Thursday, September 28th. Boston Properties’s payout ratio is 102.04%.
A number of research analysts have recently weighed in on BXP shares. Barclays PLC dropped their price target on Boston Properties from $141.00 to $137.00 and set an “overweight” rating for the company in a research report on Tuesday, July 18th. KeyCorp restated a “hold” rating on shares of Boston Properties in a research report on Friday, September 1st. BidaskClub upgraded Boston Properties from a “sell” rating to a “hold” rating in a research report on Sunday, July 16th. Jefferies Group LLC restated a “hold” rating and issued a $121.00 price target on shares of Boston Properties in a research report on Friday, July 14th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $150.00 price target on shares of Boston Properties in a research report on Wednesday, July 5th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $134.55.
Boston Properties Company Profile
Boston Properties, Inc is a real estate investment trust. The Company is an owner and developer of office properties in the United States. Its segments by geographic area are Boston, New York, San Francisco and Washington, DC. Its segments by property type include Office, Residential and Hotel. As of December 31, 2016, the Company owned or had interests in 174 commercial real estate properties, aggregating approximately 47.7 million net rentable square feet of primarily Class A office properties, including eight properties under construction/redevelopment totaling approximately 4.0 million net rentable square feet.
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