Stock events for BXP, Inc. (BXP)
Over the past six months, BXP's stock price has increased by 9.08% between June 26, 2024, and June 25, 2025. The stock price changed by 5.92% in the past three months, with revenue expectations for FY2025 being revised upward by 0.42% during the same period. On June 30, 2025, BXP announced it would release its second-quarter 2025 financial results on July 29, 2025. On June 20, 2025, BXP declared a regular quarterly dividend of $0.98 per share, maintaining the same rate, with a forward yield of 5.48%. On June 18, 2025, Welch's cut the ribbon on a new HQ designed for collaboration, innovation, and growth. On May 29, 2025, BXP presented at Nareit's 2025 REITweek Investor Conference. On April 29, 2025, BXP reported strong leasing momentum in 2025, having inked approximately 1.4 million square feet of leases to date; its FFO of $1.64 slightly missed expectations, while revenue of $865.2 million exceeded forecasts by $32.44 million. On January 30, 2024, BXP reported its fourth quarter and full year 2023 results, with revenue increasing 5.0% to $828.9 million for the quarter ended December 31, 2023, compared to the same period in 2022.
Demand Seasonality affecting BXP, Inc.’s stock price
Information specifically detailing the demand seasonality for BXP's products and services is not readily available. Demand seasonality refers to predictable fluctuations in sales volume that occur during certain times of the year, influenced by factors such as weather, holidays, consumer trends, and economic cycles. While the commercial real estate market can be influenced by broader economic cycles and business investment trends, the provided information does not specify recurring seasonal peaks or troughs in demand for BXP's particular property types or services.
Overview of BXP, Inc.’s business
BXP, Inc. is one of the largest publicly traded developers, owners, and managers of Class A office properties in the United States. The company operates as a real estate investment trust (REIT) and is headquartered in Boston, Massachusetts. As of 2024, BXP employs approximately 836 people and has a market capitalization of $10.551 billion. BXP's core business involves acquiring, developing, and managing properties to meet the needs of sophisticated tenants. While its portfolio is predominantly comprised of premium office space, it also includes select retail, hotel, and residential properties. In recent years, BXP has increasingly focused on sustainability initiatives and diversifying its portfolio to include life sciences properties, responding to market trends and tenant demands. As of March 31, 2025, BXP's portfolio totaled 53.4 million square feet across 185 properties, with nine properties under construction or redevelopment. Notable properties in their portfolio include the Prudential Center in Boston, Salesforce Tower in San Francisco, and Times Square Tower in New York City.
BXP’s Geographic footprint
BXP's properties are concentrated in six major U.S. metropolitan areas: Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, D.C. The company maintains a leading position in these markets, holding approximately 42.3 million square feet of Class A office space across its five core markets. In the Boston Region, 28.8% of total revenue comes from 11.5 million square feet. The New York Region accounts for 26.7% of total revenue with 10.9 million square feet. The San Francisco Region contributes 20.2% of total revenue with 7.3 million square feet. The Washington, D.C. Region generates 16.4% of total revenue with 7.2 million square feet. The Los Angeles Region accounts for 7.9% of total revenue with 5.4 million square feet.
BXP Corporate Image Assessment
BXP has maintained a strong brand reputation in the past year, particularly for its commitment to sustainability and its focus on developing and managing premium office properties. BXP was named one of the World's Most Sustainable Companies by TIME Magazine and Statista, ranking #79 overall and as the highest-rated U.S. property owner. Throughout 2024, BXP was recognized for Best ESG Program by Commercial Property Executive, named an ENERGY STAR Partner of the Year – Sustained Excellence Award winner, and a Best in Building Health winner by the Center for Active Design. BXP was named to Newsweek's List of America's Most Responsible Companies in 2023 for the third consecutive year, ranking first in the Real Estate & Housing category. BXP was named to the Dow Jones Sustainability Index (DJSI) North America for the second consecutive year, being the only office REIT in the index. BXP has achieved LEED certification for approximately 69% of its portfolio and was recognized as an inaugural Platinum-level Green Lease Leader.
Ownership
BXP is primarily owned by institutional shareholders, who hold 97.58% of the stock. Insiders own 1.21%, and retail investors also hold 1.21%. Vanguard Group Inc holds 23,453,811 shares (14.81% of the company). BlackRock, Inc. holds 19,540,179 shares (12.34%). Norges Bank holds 12,695,570 shares. State Street Corp holds 11,247,499 shares (7.10%). APG Asset Management US Inc. holds 7,216,018 shares (4.56%). Northern Trust Corp holds 4,169,460 shares (2.63%). Allspring Global Investments Holdings, LLC holds 4,131,341 shares (2.61%). Geode Capital Management, LLC holds 4,085,363 shares (2.58%). JPMorgan Chase & Co. holds 3,970,024 shares (2.51%). First Eagle Investment Management, LLC holds 3,636,733 shares (2.30%). Vanguard Group Inc is noted as the largest individual BXP shareholder. BXP insiders have been net selling.
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