Media stories about Boston Properties (NYSE:BXP) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Boston Properties earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 46.5936525468678 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Several research analysts have issued reports on the company. ValuEngine cut Boston Properties from a “hold” rating to a “sell” rating in a report on Monday, June 18th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $118.00 price target on shares of Boston Properties in a report on Wednesday, August 1st. Barclays reaffirmed a “buy” rating and issued a $134.00 price target on shares of Boston Properties in a report on Tuesday, August 21st. Stifel Nicolaus upped their price target on Boston Properties from $130.00 to $135.00 and gave the company a “hold” rating in a report on Thursday, August 2nd. Finally, TheStreet upgraded shares of Boston Properties from a “c+” rating to a “b-” rating in a research report on Friday, August 3rd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $132.79.
NYSE BXP opened at $129.89 on Friday. Boston Properties has a twelve month low of $111.57 and a twelve month high of $132.82. The company has a debt-to-equity ratio of 1.34, a quick ratio of 4.02 and a current ratio of 4.02. The company has a market cap of $20.14 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 3.42 and a beta of 0.56.
Boston Properties (NYSE:BXP) last posted its quarterly earnings data on Tuesday, July 31st. The real estate investment trust reported $0.83 earnings per share for the quarter, missing the consensus estimate of $1.56 by ($0.73). Boston Properties had a return on equity of 6.71% and a net margin of 20.23%. The firm had revenue of $664.48 million for the quarter, compared to analysts’ expectations of $667.92 million. During the same quarter in the previous year, the firm posted $1.67 earnings per share. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. equities analysts expect that Boston Properties will post 6.37 earnings per share for the current year.
Boston Properties Company Profile
Boston Properties is a fully integrated real estate company, organized as a real estate investment trust, that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class A office space totaling 50.2 million square feet and consisting of 166 office properties (including nine properties under construction), six residential properties (including three properties under construction), five retail properties and one hotel.
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