Boston Properties Inc (BXP): Today's Featured Real Estate Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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 down 0.6%. By the end of trading, Boston Properties rose $1.13 (1.1%) to $103.27 on average volume. Throughout the day, 1.1 million shares of Boston Properties exchanged hands as compared to its average daily volume of 951,100 shares. The stock ranged in a price between $101.77-$103.42 after having opened the day at $102.48 as compared to the previous trading day's close of $102.14. Other companies within the Real Estate industry that increased today were: Altisource Residential Corporation ( RESI), up 27%, China Housing & Land Development ( CHLN), up 24.7%, Vestin Realty Mortgage II ( VRTB), up 17.1%, and American Spectrum Realty ( AQQ), up 13.6%.
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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 $15.24 billion and is part of the financial sector. The company has a P/E ratio of 59.1, above the S&P 500 P/E ratio of 17.7. Shares are down 3.5% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Boston Properties a buy, no analysts rate it a sell, and nine 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 good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Gramercy Capital Corporation ( GKK), down 6.4%, Capital ( CT), down 5.7%, St. Joe Corporation ( JOE), down 4.8%, and Walter Investment Management ( WAC), down 4.8%, were all laggards within the real estate industry with American Capital Agency ( AGNC) being today's real estate industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

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