BXP, Inc. (NYSE:BXP) Receives Consensus Rating of “Hold” from Analysts

BXP, Inc. (NYSE:BXP) has earned a consensus recommendation of “Hold” from the twenty-one brokerages that are presently covering the company, MarketBeat Ratings reports. Eleven equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $71.60.

Several equities research analysts recently commented on BXP shares. Citigroup cut their price objective on shares of BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 15th. Piper Sandler cut their price target on shares of BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Scotiabank cut their price target on shares of BXP from $74.00 to $65.00 and set a “sector perform” rating on the stock in a research report on Monday, March 2nd. JPMorgan Chase & Co. cut their price target on shares of BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Finally, Evercore set a $62.00 price target on shares of BXP in a research report on Wednesday, April 29th.

Insider Activity

In other news, EVP Hilary J. Spann sold 5,495 shares of the company’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 sale, the executive vice president directly owned 17,832 shares of the company’s stock, valued at approximately $1,064,392.08. This represents a 23.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On BXP

A number of institutional investors and hedge funds have recently modified their holdings of BXP. EverSource Wealth Advisors LLC raised its holdings in shares of BXP by 29.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,120 shares of the real estate investment trust’s stock valued at $76,000 after purchasing an additional 257 shares during the period. First Trust Advisors LP raised its holdings in shares of BXP by 45.7% in the 2nd quarter. First Trust Advisors LP now owns 40,369 shares of the real estate investment trust’s stock valued at $2,724,000 after purchasing an additional 12,660 shares during the period. Cresset Asset Management LLC raised its holdings in shares of BXP by 29.5% in the 2nd quarter. Cresset Asset Management LLC now owns 9,181 shares of the real estate investment trust’s stock valued at $628,000 after purchasing an additional 2,089 shares during the period. Jump Financial LLC raised its holdings in shares of BXP by 276.0% in the 2nd quarter. Jump Financial LLC now owns 47,062 shares of the real estate investment trust’s stock valued at $3,175,000 after purchasing an additional 34,544 shares during the period. Finally, Squarepoint Ops LLC raised its holdings in shares of BXP by 99.3% in the 2nd quarter. Squarepoint Ops LLC now owns 112,591 shares of the real estate investment trust’s stock valued at $7,597,000 after purchasing an additional 56,104 shares during the period. 98.72% of the stock is owned by institutional investors.

BXP Trading Down 2.2%

BXP opened at $58.61 on Wednesday. The stock has a market capitalization of $9.35 billion, a P/E ratio of 29.45, a P/E/G ratio of 2.59 and a beta of 1.04. BXP has a 12 month low of $49.72 and a 12 month high of $79.33. The firm’s fifty day simple moving average is $55.24 and its 200 day simple moving average is $62.68. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07.

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

BXP Dividend Announcement

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