BXP, Inc. (NYSE:BXP) Given Consensus Rating of “Moderate Buy” by Analysts

BXP, Inc. (NYSE:BXPGet Free Report) has received an average recommendation of “Moderate Buy” from the twenty-one analysts that are currently covering the stock, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $70.90.

Several research firms recently commented on BXP. Barclays reduced their price target on shares of BXP from $66.00 to $65.00 and set an “overweight” rating on the stock in a research note on Monday, May 18th. Cantor Fitzgerald lowered their price objective on shares of BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a research report on Friday, May 15th. Evercore set a $62.00 target price on shares of BXP in a research note on Wednesday, April 29th. JPMorgan Chase & Co. reduced their target price 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, Piper Sandler decreased their price target on shares of BXP from $87.00 to $75.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st.

Read Our Latest Analysis on BXP

Insiders Place Their Bets

In other BXP news, CFO Michael E. Labelle sold 26,113 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was 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 in the company, valued at approximately $387,417.65. This represents a 81.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Eric G. Kevorkian sold 2,000 shares of the company’s stock in a transaction 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. This represents a 86.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 33,176 shares of company stock worth $2,151,552 in the last ninety days. 1.50% of the stock is owned by company insiders.

Institutional Trading of BXP

Several institutional investors and hedge funds have recently made changes to their positions in the company. Stonehaven Wealth & Tax Solutions LLC lifted its stake in BXP by 4.6% in the fourth quarter. Stonehaven Wealth & Tax Solutions LLC now owns 3,691 shares of the real estate investment trust’s stock worth $249,000 after acquiring an additional 162 shares during the period. Sage Mountain Advisors LLC grew its holdings in BXP by 4.8% during the 4th quarter. Sage Mountain Advisors LLC now owns 3,722 shares of the real estate investment trust’s stock worth $251,000 after acquiring an additional 171 shares in the last quarter. Signaturefd LLC increased its position in BXP by 2.5% during the 4th quarter. Signaturefd LLC now owns 7,383 shares of the real estate investment trust’s stock valued at $498,000 after purchasing an additional 179 shares during the period. Keybank National Association OH increased its position in BXP by 5.4% during the 4th quarter. Keybank National Association OH now owns 3,578 shares of the real estate investment trust’s stock valued at $241,000 after purchasing an additional 183 shares during the period. Finally, State of Wyoming raised its holdings in shares of BXP by 45.5% in the 4th quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 193 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors.

BXP Stock Performance

BXP stock opened at $67.66 on Thursday. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. The business’s fifty day simple moving average is $61.67 and its two-hundred day simple moving average is $61.11. BXP has a twelve month low of $49.72 and a twelve month high of $79.33. The firm has a market cap of $10.79 billion, a price-to-earnings ratio of 34.00, a PEG ratio of 2.87 and a beta of 1.01.

BXP (NYSE:BXPGet Free Report) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 earnings per share for the quarter, missing the consensus estimate of $1.58 by ($0.94). The business had revenue of $872.15 million for the quarter, compared to the consensus estimate of $843.11 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last year, the business posted $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. Analysts predict that BXP will post 6.95 earnings per share for the current year.

BXP Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.80 annualized dividend and a yield of 4.1%. BXP’s dividend payout ratio is 140.70%.

About BXP

(Get Free Report)

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.

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Analyst Recommendations for BXP (NYSE:BXP)

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