BXP (NYSE:BXP) Stock Price Expected to Rise, Mizuho Analyst Says

BXP (NYSE:BXP) had its price objective raised by equities research analysts at Mizuho from $62.00 to $68.00 in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. Mizuho’s target price points to a potential upside of 0.94% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. dropped their price objective on BXP from $82.00 to $79.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Citigroup lowered their price target on BXP from $68.00 to $58.00 and set a “neutral” rating on the stock in a report on Wednesday, April 15th. Weiss Ratings upgraded BXP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. Wall Street Zen lowered BXP from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Finally, Scotiabank upgraded shares of BXP from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the stock from $65.00 to $70.00 in a research report on Thursday, June 18th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, BXP currently has an average rating of “Moderate Buy” and an average target price of $73.11.

BXP Stock Performance

BXP stock opened at $67.37 on Tuesday. BXP has a 1-year low of $49.72 and a 1-year high of $79.33. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.07. The firm has a market capitalization of $10.74 billion, a PE ratio of 33.85, a price-to-earnings-growth ratio of 2.95 and a beta of 1.01. The firm’s 50 day simple moving average is $64.61 and its 200 day simple moving average is $61.00.

BXP (NYSE:BXP) last announced its quarterly earnings results 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 firm 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 firm’s revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the business earned $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, analysts expect that BXP will post 6.95 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Peter V. Otteni sold 4,863 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total transaction of $287,208.78. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Eric G. Kevorkian sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $59.85, for a total value of $119,700.00. Following the completion of the sale, the senior vice president owned 311 shares of the company’s stock, valued at $18,613.35. The trade was a 86.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 33,176 shares of company stock valued at $2,151,552 over the last 90 days. Insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Cohen & Steers Inc. boosted its stake in shares of BXP by 41.4% in the 4th quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock valued at $1,038,176,000 after purchasing an additional 4,503,738 shares in the last quarter. Norges Bank purchased a new position in BXP in the 4th quarter worth $689,419,000. Geode Capital Management LLC raised its position in BXP by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 4,270,027 shares of the real estate investment trust’s stock worth $287,121,000 after purchasing an additional 55,621 shares during the period. Invesco Ltd. lifted its stake in BXP by 5.2% in the fourth quarter. Invesco Ltd. now owns 4,101,236 shares of the real estate investment trust’s stock worth $276,751,000 after purchasing an additional 204,258 shares during the last quarter. Finally, Boston Partners lifted its stake in BXP by 17.6% in the third quarter. Boston Partners now owns 3,538,351 shares of the real estate investment trust’s stock worth $263,031,000 after purchasing an additional 529,158 shares during the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

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.