Boston Properties ( BXP) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day up 0.2%. By the end of trading, Boston Properties rose $1.11 (1.2%) to $93.65 on average volume. Throughout the day, 1.2 million shares of Boston Properties exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in a price between $91.90-$94.52 after having opened the day at $92.11 as compared to the previous trading day's close of $92.54. Other companies within the Real Estate industry that increased today were: Eastern Light Capital ( ELC), up 12.3%, Vestin Realty Mortgage I ( VRTA), up 10%, Terreno Realty Corporation ( TRNO), up 8%, and Intergroup Corporation ( INTG), up 6.9%. Boston Properties, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in the ownership and development of office properties. Boston Properties has a market cap of $13.78 billion and is part of the financial sector. The company has a P/E ratio of 85.6, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 10.9% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Boston Properties a buy, no analysts rate it a sell, and six rate it a hold. TheStreet Ratings rates Boston Properties as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, solid stock price performance, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Boston Ratings Report.
- Use our real estate section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
- Find other investment ideas from our top rated ETFs lists.