BXP, Inc. (NYSE:BXP) Receives Average Recommendation of “Hold” from Analysts

BXP, Inc. (NYSE:BXP) has received an average rating of “Hold” from the twenty-one analysts that are currently covering the company, MarketBeat reports. Eleven investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $70.65.

BXP has been the topic of several analyst reports. Citigroup lowered their target price on BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 15th. Cantor Fitzgerald lowered their target price on BXP from $79.00 to $70.00 and set an “overweight” rating on the stock in a research note on Friday, May 15th. Piper Sandler lowered their target price on BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Weiss Ratings downgraded BXP from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. Finally, Evercore set a $62.00 target price on BXP in a research note on Wednesday, April 29th.

Insider Activity at BXP

In other BXP news, EVP Peter V. Otteni sold 4,863 shares of BXP stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total value of $287,208.78. The sale was disclosed in a filing with the SEC, which can be accessed 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 shares were sold at an average price of $59.85, for a total value of $119,700.00. Following the completion of the transaction, the senior vice president owned 311 shares in the company, valued at $18,613.35. This trade represents a 86.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 7,063 shares of company stock worth $418,955 over the last quarter. Company insiders own 1.50% of the company’s stock.

Institutional Trading of BXP

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

BXP Trading Up 0.4%

NYSE:BXP opened at $62.30 on Friday. The stock’s 50 day moving average price is $57.30 and its 200 day moving average price is $61.80. The company has a market capitalization of $9.93 billion, a PE ratio of 31.30, a P/E/G ratio of 2.69 and a beta of 1.04. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. BXP has a 52-week low of $49.72 and a 52-week high of $79.33.

BXP (NYSE:BXP) last released its quarterly 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). The firm had revenue of $872.15 million for the quarter, compared to analysts’ expectations of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.The company’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, research analysts anticipate that BXP will post 6.95 EPS for the current year.

BXP Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Tuesday, March 31st. BXP’s dividend payout ratio (DPR) is 140.70%.

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.