BXP, Inc. (NYSE:BXP) Receives $73.05 Consensus PT from Brokerages

Shares of BXP, Inc. (NYSE:BXP) have received an average rating of “Hold” from the twenty-one analysts that are presently covering the company, MarketBeat Ratings reports. Eleven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $71.65.

Several research analysts recently commented on BXP shares. UBS Group dropped their price target on BXP from $66.00 to $61.00 and set a “neutral” rating for the company in a research report on Thursday. Citigroup decreased their price objective on BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 15th. Evercore set a $62.00 target price on BXP in a report on Wednesday, April 29th. Truist Financial cut their target price on BXP from $74.00 to $70.00 and set a “hold” rating on the stock in a research report on Monday, February 2nd. Finally, JPMorgan Chase & Co. decreased their price target on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a report on Wednesday, April 1st.

Insider Buying and Selling at BXP

In other news, EVP Hilary J. Spann sold 5,495 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $59.69, for a total value of $327,996.55. Following the completion of the sale, the executive vice president owned 17,832 shares in the company, valued at approximately $1,064,392.08. This trade represents a 23.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On BXP

Several hedge funds have recently added to or reduced their stakes in the company. OMERS ADMINISTRATION Corp boosted its position in shares of BXP by 4.6% during the first quarter. OMERS ADMINISTRATION Corp now owns 5,641 shares of the real estate investment trust’s stock valued at $293,000 after buying an additional 246 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of BXP by 59.0% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 9,264 shares of the real estate investment trust’s stock valued at $481,000 after buying an additional 3,438 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of BXP during the first quarter valued at approximately $4,938,000. Inceptionr LLC purchased a new stake in shares of BXP in the first quarter worth approximately $1,007,000. Finally, Sei Investments Co. lifted its stake in shares of BXP by 1.8% during the 1st quarter. Sei Investments Co. now owns 2,000,667 shares of the real estate investment trust’s stock worth $103,835,000 after acquiring an additional 35,823 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors.

BXP Price Performance

BXP stock opened at $58.48 on Wednesday. BXP has a 52-week low of $49.72 and a 52-week high of $79.33. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. The firm’s fifty day moving average is $55.04 and its 200 day moving average is $62.94. The company has a market cap of $9.33 billion, a price-to-earnings ratio of 29.39, a PEG ratio of 2.55 and a beta of 1.04.

BXP (NYSE:BXP) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.94). BXP had a return on equity of 4.13% and a net margin of 9.09%.The business had revenue of $872.15 million during the quarter, compared to analysts’ expectations of $843.11 million. During the same period in the previous year, the business earned $1.64 earnings per share. The business’s quarterly revenue was up .8% on a year-over-year basis. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Sell-side analysts forecast that BXP will post 6.96 EPS for the current fiscal year.

BXP Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.70 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 4.8%. BXP’s payout ratio is 140.70%.

BXP Company Profile

Boston Properties, Inc (NYSE: BXP) is a publicly traded real estate investment trust (REIT) specializing in the ownership, management, and development of Class A office properties across major U.S. markets. Headquartered in Boston, Massachusetts, the company’s portfolio comprises high-quality office buildings, mixed-use developments and select retail assets designed to serve leading corporations in key metropolitan areas.

Established in 1970 by Mortimer B. Zuckerman, Boston Properties has grown through disciplined acquisitions and strategic ground-up developments.