BXP Boston Properties LTD Partnership Dashboard

BXP, a Delaware corporation organized in 1997, is a fully integrated, self-administered and self-managed real estate investment trust, or “REIT,” and the largest publicly-traded office REIT (based on total market capitalization) as of December 31, 2019 in the United States that develops, owns and manages primarily Class A office properties. Our properties are concentrated in five markets—Boston, Los Angeles, New York, San Francisco and Washington, DC. At December 31, 2019, we owned or had interests in 196 commercial real estate properties, aggregating approximately 52.0 million net rentable square feet of primarily Class A office properties including 11 properties under construction/redevelopment totaling approximately 5.5 million net rentable square feet. As of December 31, 2019 our properties consisted of:

Company profile

Ticker

BXP

Website

Incorporated

Location

Fiscal year end

Sector

Finance > REITS and Finance

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • AGNC Investment • VEREIT • Vornado Realty • Simon Property • Healthpeak Properties • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • Welltower ...

SEC CIK

0001043121

Corporate docs

Articles of Incorporation & Bylaws

News

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Argus Research Maintains Buy on Boston Properties, Raises Price Target to $132

2 Aug 21

Argus Research analyst Angus Kelleher-Ferguson maintains Boston Properties (NYSE:BXP) with a Buy and raises the price target from $120 to $132.

Earnings Scheduled For July 27, 2021

27 Jul 21

Companies Reporting Before The Bell • Navios Maritime Partners (NYSE:NMM) is projected to report quarterly earnings at $2.93 per share on revenue of $146.03 million.

Analyst Ratings For Boston Properties

14 Jul 21

Boston Properties (NYSE:BXP) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago

Mizuho Assumes Boston Properties at Neutral, Announces Price Target of $115

14 Jul 21

Morgan Stanley Maintains Equal-Weight on Boston Properties, Raises Price Target to $109

14 Jul 21

Press releases

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Boston Properties Marks Groundbreaking of 180 CityPoint

29 Jul 21

Further Expansion of BXP Life Sciences Portfolio in Waltham, Massachusetts On Friday, July 16, 2021 Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office

Boston Properties to Enter the Seattle Market; Agrees to Acquire Safeco Plaza

27 Jul 21

Boston Properties, Inc. (NYSE:BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today that it has entered into a binding agreement to acquire

Boston Properties Announces Second Quarter 2021 Results; Reports EPS of $0.71 and FFO Per Share of $1.72

27 Jul 21

Exceeds EPS and FFO Guidance for Q2; Announces Acquisitions to Establish a New Market Presence in Seattle, Broaden its Life Sciences Portfolio and Expand into NYC's Midtown South Submarket Boston Properties, Inc.

Boston Properties, CPP Investments and GIC Announce Office Co-Investment Program for Future Acquisitions

14 Jul 21

Boston Properties, CPP Investments and GIC Announce Office Co-Investment Program for Future Acquisitions

14 Jul 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Financial summary

Financial statements Chart BXP financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	949.18M	949.18M	949.18M	949.18M	949.18M	949.18M
Cash burn (monthly)	256.72M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	1.06B	n/a	n/a	n/a	n/a	n/a
Cash remaining	-113.3M	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	-0.4	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

BXP insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 Jun 21	John J Stroman	Common OP Units	Conversion	Dispose C	No	No	0	4,109	0	0
9 Jun 21	Frank D Burt	Common OP Units	Conversion	Dispose C	No	No	0	2,000	0	0
9 Jun 21	Frank D Burt	Common OP Units	Conversion	Aquire C	No	No	0	2,000	0	2,000
9 Jun 21	Frank D Burt	LTIP Units Common OP Units	Conversion	Dispose C	No	No	0.25	2,000	500	11,127
2 Jun 21	Raymond A Ritchey	Common OP Units	Conversion	Dispose C	No	No	0	40,000	0	88,805
2 Jun 21	Raymond A Ritchey	Common OP Units	Conversion	Aquire C	No	No	0	40,000	0	128,805
2 Jun 21	Raymond A Ritchey	LTIP Units Common OP Units	Conversion	Dispose C	No	No	0.25	40,000	10K	164,926
27 May 21	Duncan Bruce W	LTIP Units Common OP Units	Grant	Aquire A	No	No	0.25	1,285	321.25	7,244
27 May 21	Kelly Ayotte	LTIP Units Common OP Units	Grant	Aquire A	No	No	0.25	1,285	321.25	5,181

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Financial report summary

Competition

Marriott International

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-Q 2021 Q1