News coverage about Boston Properties (NYSE:BXP) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Boston Properties earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.8736437861504 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
A number of analysts have issued reports on BXP shares. BMO Capital Markets reissued a “hold” rating and issued a $134.00 target price on shares of Boston Properties in a research report on Thursday, February 1st. JPMorgan Chase reissued a “neutral” rating and issued a $133.00 target price (down from $136.00) on shares of Boston Properties in a research report on Tuesday, March 13th. Argus reissued a “buy” rating and issued a $138.00 target price (down from $140.00) on shares of Boston Properties in a research report on Monday, February 26th. Edward Jones raised Boston Properties from a “hold” rating to a “buy” rating in a research report on Monday, February 5th. Finally, Zacks Investment Research downgraded Boston Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $132.00.
Shares of Boston Properties stock traded down $0.59 during trading hours on Friday, reaching $118.75. The company had a trading volume of 520,765 shares, compared to its average volume of 682,896. Boston Properties has a one year low of $111.57 and a one year high of $135.06. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.43 and a quick ratio of 0.43. The firm has a market capitalization of $18,418.89, a P/E ratio of 19.22, a PEG ratio of 3.25 and a beta of 0.58.
Boston Properties (NYSE:BXP) last posted its quarterly earnings results on Tuesday, January 30th. The real estate investment trust reported $1.49 EPS for the quarter, topping the Zacks’ consensus estimate of $1.47 by $0.02. Boston Properties had a return on equity of 5.86% and a net margin of 17.67%. The firm had revenue of $655.23 million during the quarter, compared to analyst estimates of $654.36 million. During the same period last year, the company earned $0.94 earnings per share. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. sell-side analysts expect that Boston Properties will post 6.31 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Thursday, March 29th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date is Wednesday, March 28th.
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About Boston Properties
Boston Properties is a fully integrated real estate investment trust that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of primarily Class A office space totaling 50.3 million square feet and consisting of 167 office properties (including eight properties under construction), six residential properties (including four properties under construction), five retail properties and one hotel.
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