BXP, Inc. is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 55 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of December 31, 2025, including properties owned by joint ventures, BXP’s portfolio totals 52.6 million square feet and 179 properties, including 8 properties under construction/redevelopment. BXP’s properties include 157 office properties, 14 retail properties (including one retail property under construction), seven residential properties (including three residential properties under construction) and one hotel. BXP is well-known for its in-house building management expertise and responsiveness to clients’ needs. BXP holds a superior track record of developing premium Central Business District (CBD) office buildings, successful mixed-use complexes, suburban office centers and build-to-suit projects for a diverse array of creditworthy clients. BXP actively works to promote its growth and operations in a sustainable and responsible manner. BXP, an S&P 500 company, was founded in 1970 by Mortimer B. Zuckerman and Edward H. Linde and became a public company in 1997.
Market Dynamics | Explore BXP's strategic positioning in prime coastal markets and its potential to capitalize on evolving office space demand amid changing work patterns. |
Financial Outlook | Delve into BXP's projected FFOps contraction and its implications on dividend stability, while considering the company's strong liquidity and fair financial health. |
Development Pipeline | Learn how BXP's projects, including 343 Madison in NYC, could catalyze future FFO growth and strengthen the company's competitive edge in premium office spaces. |
Analyst Perspectives | Discover varied price targets ranging from $70 to $85, reflecting diverse views on BXP's ability to navigate short-term challenges and capitalize on long-term opportunities. |
Metrics to compare | BXP | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipBXPPeersSector | |
|---|---|---|---|---|
P/E Ratio | 35.9x | 33.0x | 9.2x | |
PEG Ratio | 0.02 | 0.81 | 0.01 | |
Price/Book | 2.2x | 1.5x | 0.9x | |
Price / LTM Sales | 3.3x | 7.9x | 3.9x | |
Upside (Analyst Target) | 25.9% | 11.5% | 13.9% | |
Fair Value Upside | Unlock | −9.6% | 0.7% | Unlock |