Joel Klein - Boston Properties Independent Non-Executive Chairman of the Board

BXP Stock  USD 61.34  1.14  1.89%   

Chairman

Mr. Joel I. Klein is an Lead Independent Director of Boston Properties, Inc. Mr. Klein is the Chief Policy and Strategy Officer of Oscar Insurance Corporationrationration, a health insurance company. In addition, he was a Director of News Corporation since January 2011 where he was also Executive Vice President, Office of the Chairman of News Corporation and Chief Executive Officer of Amplify, the education division of News Corporationrationration, from January 2011 through December 2015. From 2002 through 2010, Mr. Klein was Chancellor of the New York City Department of Education where he oversaw a system of over 1, 600 schools with 1.1 million students, 136, 000 employees and a 22 billion budget. He was the U.S. Chairman and Chief Executive Officer of Bertelsmann, Inc. and Chief U.S. Liaison Officer to Bertelsmann AG, a media company, from 2001 to 2002. Mr. Klein also served with the Clinton administration in a number of roles, including Assistant U.S. Attorney General in charge of the Antitrust Division of the U.S. Department of Justice from 1997 until 2000 and Deputy White House Counsel to President Clinton from 1993 to 1995. Mr. Klein entered the Clinton administration after 20 years of public and private legal work in Washington, D.C since 2019.
Age 73
Tenure 5 years
Address Prudential Center, 800 Boylston Street, Boston, MA, United States, 02199-8103
Phone617 236 3300
Webhttps://www.bxp.com
Klein received a BA with honors from Columbia University and a JD with honors from Harvard Law School. He has also received honorary degrees from ten colleges and universities.

Boston Properties Management Efficiency

The company has Return on Asset of 0.0253 % which means that on every $100 spent on assets, it made $0.0253 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0352 %, implying that it generated $0.0352 on every 100 dollars invested. Boston Properties' management efficiency ratios could be used to measure how well Boston Properties manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/23/2024, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.03. As of 04/23/2024, Non Current Liabilities Other is likely to grow to about 545.8 M, while Total Current Liabilities is likely to drop slightly above 612 M.
The company has 16.62 B in debt with debt to equity (D/E) ratio of 1.7, which is OK given its current industry classification. Boston Properties has a current ratio of 3.08, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Boston Properties until it has trouble settling it off, either with new capital or with free cash flow. So, Boston Properties' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Boston Properties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Boston to invest in growth at high rates of return. When we think about Boston Properties' use of debt, we should always consider it together with cash and equity.

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Boston Properties is the largest publicly-held developer and owner of Class A office properties in the United States, concentrated in five markets - Boston, Los Angeles, New York, San Francisco and Washington, DC. The Companys portfolio totals 51.2 million square feet and 196 properties, including six properties under constructionredevelopment. Boston Properties operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 743 people. Boston Properties (BXP) is traded on New York Stock Exchange in USA. It is located in Prudential Center, 800 Boylston Street, Boston, MA, United States, 02199-8103 and employs 836 people. Boston Properties is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Boston Properties Leadership Team

Elected by the shareholders, the Boston Properties' board of directors comprises two types of representatives: Boston Properties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Boston. The board's role is to monitor Boston Properties' management team and ensure that shareholders' interests are well served. Boston Properties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Boston Properties' outside directors are responsible for providing unbiased perspectives on the board's policies.
Helen Han, Vice Relations
Jake Stroman, Senior Vice President - Leasing, Co-Heads of Washington, DC
Lori Silverstein, Chief Accounting Officer, Vice President Controller
Mary Kipp, Director
William Walton, Independent Director
Alan Patricof, Independent Director
Joel Klein, Independent Non-Executive Chairman of the Board
Ivan Seidenberg, Lead Independent Director
Bruce Duncan, Independent Director
Laura Sesody, Senior Communications
Martin Turchin, Independent Director
Peter Otteni, Senior Vice President - Development, Co-Heads of Washington, DC
Bryan Koop, Senior Vice President Regional Manager - Boston Office
Raymond Ritchey, Head of the Washington, D.C. Office, Executive VP and National Director of Acquisitions and Devel.
John Powers, Senior Vice President Regional Manager - New York Office
Frank Burt, Senior Vice President, Chief Legal Officer and Secretary
Karen Dykstra, Independent Director
Douglas Linde, President, Principal Operating Officer, Director, Member of Significant Transactions Committee and Member of Special Transactions Committee
Jacob Frenkel, Independent Director
Carol Einiger, Independent Director
Michael LaBelle, Chief Financial Officer, Executive Vice President, Treasurer
Owen Thomas, CEO, Director, Member of Special Transactions Committee and Member of Significant Transactions Committee
Eric Kevorkian, Chief VP
Kelly Ayotte, Independent Director
David Twardock, Independent Director
Diane Hoskins, Independent Director
Robert Pester, Senior Vice President Regional Manager - San Francisco Office
Donna Garesche, Executive Officer
Matthew Lustig, Independent Director
Michael Walsh, Senior Vice President Chief Accounting Officer
Peter Johnston, Senior Vice President Regional Manager - Washington, D.C. Office
Mortimer Zuckerman, Co-Founder, Non-Executive Chairman and Member of Significant Transactions Committee
Arista Joyner, Investor Relations Manager

Boston Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Boston Properties a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Boston Properties

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boston Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boston Properties will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Boston Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boston Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boston Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boston Properties to buy it.
The correlation of Boston Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boston Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boston Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boston Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Boston Properties is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Boston Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Boston Properties Stock. Highlighted below are key reports to facilitate an investment decision about Boston Properties Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in Boston Stock, please use our How to Invest in Boston Properties guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Boston Properties' price analysis, check to measure Boston Properties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boston Properties is operating at the current time. Most of Boston Properties' value examination focuses on studying past and present price action to predict the probability of Boston Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Properties' price. Additionally, you may evaluate how the addition of Boston Properties to your portfolios can decrease your overall portfolio volatility.
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Is Boston Properties' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boston Properties. If investors know Boston will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boston Properties listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
3.92
Earnings Share
1.21
Revenue Per Share
20.631
Quarterly Revenue Growth
0.348
The market value of Boston Properties is measured differently than its book value, which is the value of Boston that is recorded on the company's balance sheet. Investors also form their own opinion of Boston Properties' value that differs from its market value or its book value, called intrinsic value, which is Boston Properties' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boston Properties' market value can be influenced by many factors that don't directly affect Boston Properties' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boston Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Boston Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boston Properties' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.