Michael LaBelle - Boston Properties President
BXP Stock | USD 82.86 0.36 0.43% |
President
Mr. Michael E. LaBelle is the Chief Financial Officer, Executive Vice President, Treasurer of Boston Properties, Inc. Prior to his appointment to this position in January 2016, Mr. LaBelle served as Senior Vice President, Chief Financial Officer and Treasurer since November 2007 and he also served as Senior Vice President, Finance from February 2005 to November 2007. In his current role, Mr. LaBelle oversees the finance, accounting, tax, information systems, internal audit and investor relations departments and is also responsible for capital raising, treasury management, credit underwriting, financial strategy and planning. Prior to joining us in March 2000, Mr. LaBelle held the position of Vice President Relationship Manager with Fleet National Bank for nine years with the responsibility of financing largescale commercial real estate developments. He started his career as an Associate National Bank Examiner with the Office of the Comptroller of the Currency in New York City specializing in commercial real estate debt portfolio analysis and valuation in commercial banks located throughout the MidAtlantic and Northeastern United States. Mr. LaBelle is on the National Advisory Board for the University of Colorado Real Estate Center since 2016.
Age | 60 |
Tenure | 8 years |
Address | Prudential Center, 800 Boylston Street, Boston, MA, United States, 02199-8103 |
Phone | 617 236 3300 |
Web | https://www.bxp.com |
Boston Properties Management Efficiency
The company has Return on Asset of 0.0245 % which means that on every $100 spent on assets, it made $0.0245 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0583 %, implying that it generated $0.0583 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 11/28/2024, Return On Capital Employed is likely to grow to 0.08, while Return On Tangible Assets are likely to drop 0.01. As of 11/28/2024, 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.Similar Executives
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Management Performance
Return On Equity | 0.0583 | ||||
Return On Asset | 0.0245 |
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 | ||
Mary Kipp, Director | ||
William Walton, Independent Director | ||
James Whalen, Senior Officer | ||
Joel Klein, Independent Non-Executive Chairman of the Board | ||
Bruce Duncan, Independent Director | ||
Laura Sesody, Senior Communications | ||
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 | ||
Colin Joynt, Senior Officer | ||
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 | ||
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 |
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.
Return On Equity | 0.0583 | ||||
Return On Asset | 0.0245 | ||||
Profit Margin | 0.11 % | ||||
Operating Margin | 0.30 % | ||||
Current Valuation | 28.66 B | ||||
Shares Outstanding | 158.11 M | ||||
Shares Owned By Insiders | 0.21 % | ||||
Shares Owned By Institutions | 99.79 % | ||||
Number Of Shares Shorted | 7.03 M | ||||
Price To Earning | 24.48 X |
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.Moving against Boston Stock
0.73 | AHT-PF | Ashford Hospitality Trust | PairCorr |
0.65 | AHT-PH | Ashford Hospitality Trust | PairCorr |
0.61 | RC | Ready Capital Corp | PairCorr |
0.57 | AHT-PI | Ashford Hospitality Trust | PairCorr |
0.42 | AHT-PD | Ashford Hospitality Trust | PairCorr |
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.Additional Tools for Boston Stock Analysis
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.