BXP (NYSE:BXP – Get Free Report) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.800-1.820 for the period, compared to the consensus estimate of 1.820. The company issued revenue guidance of -. BXP also updated its FY 2026 guidance to 6.990-7.050 EPS.
Analyst Ratings Changes
Several research firms recently weighed in on BXP. Evercore set a $68.00 price target on shares of BXP in a report on Monday, July 6th. Barclays lifted their price target 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. JPMorgan Chase & Co. lowered their price objective on BXP from $82.00 to $79.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Mizuho lifted their target price on shares of BXP from $62.00 to $68.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Finally, Truist Financial cut their price target on shares of BXP from $70.00 to $64.00 and set a “hold” rating on the stock in a report on Tuesday, May 26th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, BXP currently has an average rating of “Moderate Buy” and a consensus price target of $73.11.
Check Out Our Latest Stock Report on BXP
BXP Price Performance
BXP (NYSE:BXP – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. The firm had revenue of $895.70 million for the quarter, compared to analysts’ expectations of $858.07 million. BXP had a net margin of 8.44% and a return on equity of 3.89%. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.71 earnings per share. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. As a group, analysts predict that BXP will post 6.96 EPS for the current year.
BXP Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be issued a $0.70 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a yield of 4.0%. BXP’s dividend payout ratio (DPR) is presently 140.70%.
Insider Activity
In other BXP news, EVP Peter V. Otteni sold 4,863 shares of BXP stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Eric G. Kevorkian sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $59.85, for a total transaction of $119,700.00. Following the transaction, the senior vice president owned 311 shares of the company’s stock, valued at $18,613.35. This trade represents a 86.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 33,176 shares of company stock worth $2,151,552 over the last ninety days. Corporate insiders own 1.50% of the company’s stock.
Hedge Funds Weigh In On BXP
Several hedge funds and other institutional investors have recently modified their holdings of BXP. State of Wyoming boosted its position in shares of BXP by 45.5% during the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 193 shares during the period. Rexford Capital Inc. raised its stake in BXP by 11.9% in the 4th quarter. Rexford Capital Inc. now owns 1,876 shares of the real estate investment trust’s stock worth $127,000 after purchasing an additional 200 shares in the last quarter. Mackenzie Financial Corp grew its position in shares of BXP by 3.8% during the 4th quarter. Mackenzie Financial Corp now owns 5,869 shares of the real estate investment trust’s stock worth $406,000 after purchasing an additional 217 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in BXP by 9.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,748 shares of the real estate investment trust’s stock valued at $190,000 after purchasing an additional 235 shares during the last quarter. Finally, Captrust Financial Advisors increased its position in shares of BXP by 2.9% during the fourth quarter. Captrust Financial Advisors now owns 8,286 shares of the real estate investment trust’s stock worth $559,000 after buying an additional 235 shares during the period. Institutional investors own 98.72% of the company’s stock.
About BXP
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.
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