Boston Properties, Inc. (NYSE:BXP) – Analysts at DA Davidson lowered their Q1 2018 EPS estimates for Boston Properties in a note issued to investors on Wednesday. DA Davidson analyst B. Oxford now anticipates that the real estate investment trust will post earnings per share of $1.51 for the quarter, down from their prior estimate of $1.53. DA Davidson also issued estimates for Boston Properties’ Q4 2018 earnings at $1.60 EPS.

A number of other equities analysts also recently commented on BXP. BMO Capital Markets reaffirmed a “hold” rating and issued a $134.00 price objective on shares of Boston Properties in a report on Thursday, February 1st. Robert W. Baird reaffirmed a “hold” rating and issued a $134.00 price objective on shares of Boston Properties in a report on Wednesday, January 31st. SunTrust Banks set a $127.00 price objective on shares of Boston Properties and gave the stock a “hold” rating in a report on Monday, January 22nd. Edward Jones raised shares of Boston Properties from a “hold” rating to a “buy” rating in a report on Monday. Finally, Barclays reaffirmed a “buy” rating and issued a $131.00 price objective (down previously from $135.00) on shares of Boston Properties in a report on Tuesday, January 30th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $131.20.

Boston Properties (NYSE BXP) opened at $114.74 on Monday. The company has a market cap of $18,417.18, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 3.37 and a beta of 0.58. The company has a quick ratio of 0.44, a current ratio of 0.43 and a debt-to-equity ratio of 0.92. Boston Properties has a 1-year low of $114.60 and a 1-year high of $140.13.

Boston Properties (NYSE:BXP) last released its quarterly earnings results on Tuesday, January 30th. The real estate investment trust reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.02. Boston Properties had a net margin of 17.67% and a return on equity of 5.86%. The business had revenue of $655.23 million during the quarter, compared to the consensus estimate of $654.36 million. During the same quarter last year, the company earned $0.94 earnings per share. The business’s quarterly revenue was up 3.0% compared to the same quarter last year.

A number of hedge funds have recently bought and sold shares of the business. Crossmark Global Holdings Inc. lifted its stake in Boston Properties by 10.9% in the fourth quarter. Crossmark Global Holdings Inc. now owns 14,181 shares of the real estate investment trust’s stock valued at $1,844,000 after buying an additional 1,396 shares during the last quarter. American Trust Investment Advisors LLC lifted its stake in Boston Properties by 69.0% in the fourth quarter. American Trust Investment Advisors LLC now owns 3,845 shares of the real estate investment trust’s stock valued at $500,000 after buying an additional 1,570 shares during the last quarter. Huntington National Bank lifted its stake in Boston Properties by 397.1% in the fourth quarter. Huntington National Bank now owns 1,526 shares of the real estate investment trust’s stock valued at $198,000 after buying an additional 1,219 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its stake in Boston Properties by 3.7% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 27,435 shares of the real estate investment trust’s stock valued at $3,567,000 after buying an additional 981 shares during the last quarter. Finally, Resolution Capital Ltd lifted its stake in Boston Properties by 100.9% in the fourth quarter. Resolution Capital Ltd now owns 505,898 shares of the real estate investment trust’s stock valued at $65,782,000 after buying an additional 254,092 shares during the last quarter. Institutional investors own 95.87% of the company’s stock.

In other Boston Properties news, insider Bryan J. Koop sold 5,868 shares of the firm’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $124.55, for a total value of $730,859.40. Following the sale, the insider now directly owns 585 shares in the company, valued at $72,861.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.86% of the company’s stock.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 30th. Shareholders of record on Friday, December 29th were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 2.79%. This is a boost from Boston Properties’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend was Thursday, December 28th. Boston Properties’s dividend payout ratio (DPR) is presently 109.22%.

WARNING: “Q1 2018 EPS Estimates for Boston Properties, Inc. (BXP) Reduced by Analyst” was published by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States and international copyright laws. The original version of this piece can be accessed at https://www.watchlistnews.com/q1-2018-eps-estimates-for-boston-properties-inc-bxp-reduced-by-analyst/1847724.html.

Boston Properties Company Profile

Boston Properties, Inc is a real estate investment trust. The Company is an owner and developer of office properties in the United States. Its segments by geographic area are Boston, New York, San Francisco and Washington, DC. Its segments by property type include Office, Residential and Hotel. As of December 31, 2016, the Company owned or had interests in 174 commercial real estate properties, aggregating approximately 47.7 million net rentable square feet of primarily Class A office properties, including eight properties under construction/redevelopment totaling approximately 4.0 million net rentable square feet.

Earnings History and Estimates for Boston Properties (NYSE:BXP)

Receive News & Ratings for Boston Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Properties and related companies with MarketBeat.com's FREE daily email newsletter.