BXP (NYSE:BXP) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of BXP (NYSE:BXP) from a sell rating to a hold rating in a research report report published on Sunday.

Several other research analysts also recently weighed in on the stock. Piper Sandler upped their price objective on shares of BXP from $75.00 to $86.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Mizuho lifted their price objective on shares of BXP from $62.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. LADENBURG THALM/SH SH boosted their target price on shares of BXP from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Evercore set a $68.00 target price on shares of BXP in a report on Monday, July 6th. Finally, Scotiabank raised their price target on shares of BXP from $70.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, BXP currently has an average rating of “Moderate Buy” and a consensus price target of $73.11.

BXP Trading Up 1.2%

Shares of BXP stock opened at $70.02 on Friday. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22. BXP has a 52 week low of $49.72 and a 52 week high of $79.33. The stock has a 50 day moving average price of $65.41 and a two-hundred day moving average price of $61.05. The stock has a market capitalization of $11.17 billion, a PE ratio of 35.18, a price-to-earnings-growth ratio of 2.99 and a beta of 1.01.

BXP (NYSE:BXP) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share (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 firm had revenue of $872.15 million during the quarter, compared to the consensus estimate of $843.11 million. During the same quarter in the prior year, the business earned $1.64 earnings per share. BXP’s revenue for the quarter was up .8% on a year-over-year basis. As a group, equities analysts anticipate that BXP will post 6.96 earnings per share for the current fiscal year.

BXP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be issued a dividend of $0.70 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.80 annualized dividend and a yield of 4.0%. BXP’s payout ratio is 140.70%.

Insiders Place Their Bets

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $66.35, for a total value of $1,732,597.55. Following the completion of the sale, the chief financial officer directly owned 5,839 shares of the company’s stock, valued at approximately $387,417.65. This represents a 81.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Eric G. Kevorkian sold 2,000 shares of BXP 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 directly owned 311 shares in the company, valued at approximately $18,613.35. This represents a 86.54% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 33,176 shares of company stock valued at $2,151,552. Corporate insiders own 1.50% of the company’s stock.

Institutional Trading of BXP

A number of hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC grew its position in shares of BXP by 546.2% during the 4th quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock valued at $2,949,000 after purchasing an additional 36,944 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of BXP by 9.4% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 450,591 shares of the real estate investment trust’s stock worth $30,559,000 after buying an additional 38,639 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of BXP by 30.7% in the fourth quarter. Fisher Asset Management LLC now owns 327,262 shares of the real estate investment trust’s stock worth $22,084,000 after buying an additional 76,946 shares in the last quarter. Nan Fung Trinity HK Ltd. boosted its stake in BXP by 33.7% during the fourth quarter. Nan Fung Trinity HK Ltd. now owns 121,924 shares of the real estate investment trust’s stock valued at $8,227,000 after buying an additional 30,700 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in BXP by 11.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 198,019 shares of the real estate investment trust’s stock valued at $13,362,000 after buying an additional 19,999 shares during the period. 98.72% of the stock is currently owned by institutional investors.

More BXP News

Here are the key news stories impacting BXP this week:

• Positive Sentiment: Quarterly results exceeded expectations: BXP reported second-quarter FFO of $1.78 per share, above the $1.71 consensus estimate and matching the prior-year figure. Revenue rose 3.1% year over year to $895.7 million, surpassing the $858.1 million analyst forecast. BXP Q2 FFO and Revenues Surpass Estimates
• Positive Sentiment: Guidance was favorable: Management provided full-year 2026 EPS guidance of $6.99-$7.05, above the $6.95 consensus estimate. Third-quarter guidance of $1.80-$1.82 was approximately in line with expectations. BXP Announces Second Quarter 2026 Results
• Positive Sentiment: Leasing fundamentals remained supportive: BXP cited leasing momentum, low near-term lease maturities and strong Boston occupancy. Its portfolio totaled 51.1 million square feet across 164 properties, with 88.4% occupancy and 91.3% leased space.
• Neutral Sentiment: Net income declined sequentially: Net income attributable to BXP was $68.6 million, or $0.43 per diluted share, compared with $101.6 million in the prior quarter. The company’s reported GAAP earnings also differ substantially from its FFO measure, which is more closely followed for REIT valuation.
• Negative Sentiment: Balance-sheet leverage limits upside: BXP carries approximately $15.4 billion of debt, with net debt to EBITDA near 7.9x. Upcoming refinancing needs could pressure interest costs and cash flow if credit conditions remain unfavorable. BXP Solid Q2 but Long-Term Debt Concerns Limit Upside
• Negative Sentiment: Insider trading was a cautionary signal: Company insiders made no reported purchases and completed eight sales over the past six months, including sales by senior executives.

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.