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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Experts have a positive outlook on Boston Properties (BXP-N) due to its recovery from its low in March, solid yield, and improving leasing velocity. The company has shown increasing leasing volume and a rise in occupancy in its operating portfolio. While some slight concerns were raised about a potential drop in funds from operations in the fourth quarter, overall, it is considered a decent income stock. The company is seen as well-positioned to capitalize on the trend for modern buildings with more amenities to outperform.

Consensus
Positive
Valuation
Fair Value
BUY
Boston Properties
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

BXP is quite cheap at 8X cash flow, and has recovered well from its low in March. It should perform better in a rate-pivot scenario. Very little growth is expected, but the yield is solid and payout ratio below 60%. BXP may have moved past an occupancy low point as improving leasing velocity augurs well for cash flow into 2024. Occupancy in the company's operating portfolio rose 50 bps sequentially in 3Q to 88.8%, and the leased percentage was flat at 90.4%. BXP leased over 1 million square feet in 3Q for the first time since 4Q22, with increasing volume in each of the last two quarters showing that there's sustained tenant demand for the best-quality assets. Leasing gains at this level would be sufficient to offset scheduled expirations in 2024, which would lift the leased percentage and potentially boost occupancy further. Guidance for full year 2023 funds from operations was reduced slightly due to higher interest expense and implies a sequential drop in 4Q. We would consider it a decent income stock. 
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Developers (Real Estate)
WATCH
Boston Properties

High quality. Very good operators. Discount to NAV. Well positioned to capitalize on the trend for modern buildings with more amenities to outperform. Risk/reward in the space is challenged. Has owned in the past and would again.

Developers (Real Estate)
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TOP PICK
Boston Properties
Boston Properties is the largest publicly held developer and owner of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), that develops, manages, operates, acquires and owns a diverse portfolio of primarily Class A office space. The Company's portfolio totals 51.2 million square feet and 196 properties, including seven properties under construction. Social media mentions are up 1600% in the past 24h.
Developers (Real Estate)
BUY ON WEAKNESS
Boston Properties

High quality office assets in the US and he is comfortable hanging on to it. They have redevelopment going on that should bump up the share price. Hang on to it if you own it.

Developers (Real Estate)
TOP PICK
Boston Properties

A very, very high quality asset base of office properties, located in key urban centres in the US, such as Manhattan, San Francisco, Boston. Thinks they will be a beneficiary of the recovery in the US, as there will be more demand for office space. Very sound management team. Yield of 1.88%.

Developers (Real Estate)
BUY
Boston Properties

(Market Call Minute.) Top 5 REIT globally.

Developers (Real Estate)
TOP PICK
Boston Properties

Trading below NAV with leverage to a recovering US economy. High-quality, AAA office buildings in Boston, Manhattan, DC and San Francisco. Yield of 2.5%.

Developers (Real Estate)
TOP PICK
Boston Properties
One of the best REITs on the planet. Triple A Boston office properties. Development underway. Lack of supply in major financial centers right now. Rumours they may buy something in London or Toronto. Trades at about net asset value.
Developers (Real Estate)
COMMENT
Boston Properties
Key core office property on the coast. He has heard good things about the management, but hasn't met them himself. Small yield at 2.3% plus since it is in the US, you will have the 15% withholding tax, and the claw back of cap gains 35%. If you want to go into this market, buy and forget.
Developers (Real Estate)
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Boston Properties(BXP-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Boston Properties is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Boston Properties(BXP-N) Frequently Asked Questions

What is Boston Properties stock symbol?

Boston Properties is a American stock, trading under the symbol BXP-N on the New York Stock Exchange (BXP). It is usually referred to as NYSE:BXP or BXP-N

Is Boston Properties a buy or a sell?

In the last year, 1 stock analyst published opinions about BXP-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Boston Properties.

Is Boston Properties a good investment or a top pick?

Boston Properties was recommended as a Top Pick by on . Read the latest stock experts ratings for Boston Properties.

Why is Boston Properties stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Boston Properties worth watching?

1 stock analyst on Stockchase covered Boston Properties In the last year. It is a trending stock that is worth watching.

What is Boston Properties stock price?

On 2024-02-26, Boston Properties (BXP-N) stock closed at a price of $64.355.