Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Boston Properties (BXP) Stock Price

Media headlines about Boston Properties (NYSE:BXP) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive media 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 positive one, with scores closest to one being the most favorable. Boston Properties earned a news impact score of 0.14 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.3804428438851 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news stories that may have effected Accern Sentiment’s analysis:

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A number of brokerages have recently weighed in on BXP. Edward Jones raised shares of Boston Properties from a “hold” rating to a “buy” rating in a research report on Monday, February 5th. Argus reaffirmed a “buy” rating and issued a $138.00 price objective (down from $140.00) on shares of Boston Properties in a research report on Monday, February 26th. Bank of America raised shares of Boston Properties from a “neutral” rating to a “buy” rating and set a $145.00 price objective on the stock in a research report on Thursday, February 15th. BMO Capital Markets set a $130.00 price objective on shares of Boston Properties and gave the company a “hold” rating in a research report on Monday, February 12th. Finally, Jefferies Group reaffirmed a “hold” rating on shares of Boston Properties in a research report on Tuesday, February 27th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $132.00.

NYSE BXP traded down $0.12 during trading on Tuesday, reaching $118.44. The company’s stock had a trading volume of 944,282 shares, compared to its average volume of 818,332. Boston Properties has a 12 month low of $111.57 and a 12 month high of $134.05. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $18,327.83, a P/E ratio of 19.12, a P/E/G ratio of 3.23 and a beta of 0.57.

Boston Properties (NYSE:BXP) last issued its quarterly earnings data on Monday, April 23rd. The real estate investment trust reported $1.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.86. The business had revenue of $661.20 million during the quarter, compared to the consensus estimate of $648.23 million. Boston Properties had a net margin of 17.67% and a return on equity of 5.86%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.63 EPS. equities analysts expect that Boston Properties will post 6.31 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Shareholders of record on Thursday, March 29th will be given a $0.80 dividend. This represents a $3.20 annualized dividend and a yield of 2.70%. 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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