BXP, Inc. Declares Quarterly Dividend of $0.70 (NYSE:BXP)

BXP, Inc. (NYSE:BXP) announced a quarterly dividend on Wednesday, September 16th. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.70 per share by the real estate investment trust on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Wednesday, September 30th.

BXP has decreased its dividend by an average of 0.0%per year over the last three years. BXP has a payout ratio of 147.4% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect BXP to earn $7.18 per share next year, which means the company should continue to be able to cover its $2.80 annual dividend with an expected future payout ratio of 39.0%.

BXP Trading Up 0.3%

NYSE:BXP opened at $64.05 on Thursday. The stock has a fifty day simple moving average of $68.14 and a 200 day simple moving average of $62.09. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 2.07. The firm has a market capitalization of $10.23 billion, a price-to-earnings ratio of 34.44, a price-to-earnings-growth ratio of 2.39 and a beta of 1.01. BXP has a 1-year low of $49.72 and a 1-year high of $79.33.

BXP (NYSE:BXP) last released its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.03. BXP had a net margin of 8.44% and a return on equity of 3.88%. The business had revenue of $895.70 million for the quarter, compared to the consensus estimate of $858.07 million. During the same period last year, the firm posted $1.71 earnings per share. The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. Sell-side analysts forecast that BXP will post 7.02 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BXP. Weiss Ratings raised BXP from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BXP in a report on Wednesday, August 12th. Barclays boosted their price objective on shares of BXP from $65.00 to $79.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. BMO Capital Markets restated an “outperform” rating and set a $68.00 price target on shares of BXP in a report on Tuesday, June 2nd. Finally, UBS Group upped their price target on shares of BXP from $61.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 25th. Eleven analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $75.28.

BXP Company Profile

BXP, Inc (NYSE:BXP), formerly known as Boston Properties, is a publicly traded real estate investment trust that owns, develops, redevelops, and manages commercial properties. The company’s portfolio is primarily focused on office buildings, with additional investments in residential, retail, and life sciences properties.

BXP serves major U.S. metropolitan markets, including Boston, Los Angeles, New York, San Francisco, and Washington, DC Its properties are generally located in established business districts and are designed to accommodate corporate offices, research and development activities, retail operations, and residential tenants.

Founded in 1970, the company has grown into one of the largest owners and developers of office properties in the United States.