Shares of BXP, Inc. (NYSE:BXP – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the seventeen brokerages that are covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $73.00.
BXP has been the topic of several analyst reports. Barclays lifted their target price on BXP from $65.00 to $79.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Weiss Ratings restated a “hold (c)” rating on shares of BXP in a research note on Friday, October 2nd. Citigroup upped their price target on BXP from $58.00 to $69.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Scotiabank decreased their price target on BXP from $76.00 to $73.00 and set an “outperform” rating for the company in a report on Thursday, September 17th. Finally, Truist Financial lifted their price objective on shares of BXP from $64.00 to $68.00 and gave the company a “hold” rating in a research report on Wednesday, September 9th.
Check Out Our Latest Stock Report on BXP
Institutional Trading of BXP
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Rehmann Capital Advisory Group increased its stake in shares of BXP by 4.3% during the second quarter. Rehmann Capital Advisory Group now owns 4,280 shares of the real estate investment trust’s stock worth $284,000 after acquiring an additional 175 shares during the period. Minot DeBlois Advisors LLC lifted its position in BXP by 2.5% in the fourth quarter. Minot DeBlois Advisors LLC now owns 7,902 shares of the real estate investment trust’s stock valued at $533,000 after purchasing an additional 196 shares during the period. Elevation Wealth Partners LLC lifted its position in BXP by 13.7% in the third quarter. Elevation Wealth Partners LLC now owns 1,715 shares of the real estate investment trust’s stock valued at $105,000 after purchasing an additional 206 shares during the period. Arizona State Retirement System lifted its position in BXP by 0.6% in the second quarter. Arizona State Retirement System now owns 41,582 shares of the real estate investment trust’s stock valued at $2,757,000 after purchasing an additional 238 shares during the period. Finally, OMERS ADMINISTRATION Corp boosted its holdings in BXP by 4.6% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 5,641 shares of the real estate investment trust’s stock valued at $293,000 after purchasing an additional 246 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company’s stock.
BXP Stock Performance
Shares of BXP traded down $0.52 during mid-day trading on Friday, hitting $59.17. 1,262,657 shares of the company’s stock were exchanged, compared to its average volume of 1,525,452. BXP has a fifty-two week low of $49.72 and a fifty-two week high of $74.96. The firm has a market capitalization of $9.45 billion, a P/E ratio of 31.81, a P/E/G ratio of 2.53 and a beta of 1.03. The business’s 50 day moving average is $64.56 and its two-hundred day moving average is $63.18. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 2.07.
BXP (NYSE:BXP – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (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 analyst estimates of $858.07 million. BXP had a return on equity of 3.88% and a net margin of 8.44%. The business’s revenue was up 3.1% on a year-over-year basis. During the same quarter last year, the company 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. On average, equities analysts expect that BXP will post 7.02 earnings per share for the current year.
BXP Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.70 per share. The ex-dividend date is Wednesday, September 30th. This represents a $2.80 dividend on an annualized basis and a yield of 4.7%. BXP’s dividend payout ratio is presently 150.54%.
About BXP
BXP, Inc (NYSE:BXP), formerly known as Boston Properties, is a real estate investment trust that owns, develops, acquires and manages primarily office properties. The company focuses on high-quality commercial real estate in major U.S. business markets and serves corporate tenants across a range of industries.
The company’s portfolio includes office buildings, mixed-use developments and life science properties, as well as select residential assets. BXP also provides property management, leasing and development services associated with its real estate holdings.
Further Reading
- Five stocks we like better than BXP
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Receive News & Ratings for BXP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BXP and related companies with MarketBeat.com's FREE daily email newsletter.
