Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Boston Properties (BXP) and Gaming and Leisure Properties (GLPI). But which of these two stocks offers value investors a better bang for their buck right now?
BXP, Inc. ( BXP ) Q3 2025 Earnings Call October 29, 2025 10:00 AM EDT Company Participants Helen Han - Vice President of Investor Relations Owen Thomas - CEO & Chairman of the Board Douglas Linde - President & Director Michael LaBelle - Executive VP, Treasurer & CFO Rodney Diehl - Executive VP of West Coast Regions Hilary Spann - Executive Vice President of New York Region Bryan Koop - Executive Vice President of Boston Region Conference Call Participants Steve Sakwa - Evercore ISI Institutional Equities, Research Division Anthony Paolone - JPMorgan Chase & Co, Research Division John Kim - BMO Capital Markets Equity Research Richard Anderson - Cantor Fitzgerald & Co., Research Division Nicholas Yulico - Scotiabank Global Banking and Markets, Research Division Seth Bergey - Citigroup Inc., Research Division Alexander Goldfarb - Piper Sandler & Co., Research Division Michael Goldsmith - UBS Investment Bank, Research Division Jana Galan - BofA Securities, Research Division Floris Gerbrand Van Dijkum - Ladenburg Thalmann & Co. Inc., Research Division Ronald Kamdem - Morgan Stanley, Research Division Upal Rana - KeyBanc Capital Markets Inc., Research Division Dylan Burzinski - Green Street Advisors, LLC, Research Division Blaine Heck - Wells Fargo Securities, LLC, Research Division Brendan Lynch - Barclays Bank PLC, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to Q3 2025 BXP Earnings Conference Call.
BXP posts stronger-than-expected Q3 results on solid leasing gains, even as occupancy softens and 2025 FFO guidance edges higher.
Although the revenue and EPS for Boston Properties (BXP) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Boston Properties (BXP) came out with quarterly funds from operations (FFO) of $1.74 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to FFO of $1.81 per share a year ago.
BXP's focus on high-quality and life science office conversions is likely to have lifted Q3 leasing, while debt and higher interest costs may weigh on results.
Boston Properties is undervalued despite strong fundamentals, accelerating leasing momentum, and a clear path to higher occupancy and earnings growth. BXP's focus on premier assets in supply-constrained markets provides pricing power, lower vacancy, and positions BXP to benefit from the flight to quality in office demand. The company is well-placed to capture AI-sector-driven demand, especially in the Bay Area, supporting long-term growth prospects for BXP.
BXP stock is up 15.4% in six months, powered by premier office assets, tenant strength and strategic portfolio moves.
BXP's recent pullback presents a buying opportunity, with improving occupancy trends and strong leasing activity expected to support near-term performance. Balance sheet concerns persist due to high debt and rising interest expenses, but ongoing asset sales and portfolio optimization provide some relief. The 343 Madison Avenue project is a key catalyst; securing a JV partner would reduce risk and support long-term value creation.
Investors love dividend stocks, especially those with high yields, because they provide a substantial income stream and offer significant total return potential.
BXP, Inc. (NYSE:BXP ) Q2 2025 Earnings Conference Call July 30, 2025 10:00 AM ET Company Participants Douglas T. Linde - President & Director Helen Han - Vice President of Investor Relations Hilary J.
BXP tops Q2 FFO estimates on strong leasing, but lower occupancy and rising interest costs weigh on yearly growth.