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

BXP, Inc. (NYSE:BXP) has earned a consensus recommendation of “Moderate Buy” from the twenty analysts that are presently covering the stock, MarketBeat reports. Nine equities research analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $73.1053.

Several brokerages recently issued reports on BXP. Wall Street Zen raised shares of BXP from a “sell” rating to a “hold” rating in a report on Sunday. Scotiabank upped their price target on shares of BXP from $70.00 to $74.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. cut their price target on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. UBS Group reduced their price objective on BXP from $66.00 to $61.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Finally, Mizuho boosted their price objective on BXP from $62.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st.

BXP Stock Performance

BXP opened at $69.16 on Monday. BXP has a 12-month low of $49.72 and a 12-month 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 $11.03 billion, a PE ratio of 34.75, a P/E/G ratio of 2.98 and a beta of 1.01. The firm has a 50 day moving average of $65.00 and a two-hundred day moving average of $61.01.

BXP (NYSE:BXP) last announced its quarterly earnings data 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 business had revenue of $872.15 million for the quarter, compared to analyst estimates of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. The business’s revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.64 earnings per share. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, analysts anticipate that BXP will post 6.96 EPS for the current year.

BXP Announces Dividend

The business also recently announced 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. This represents a $2.80 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Tuesday, June 30th. BXP’s dividend payout ratio (DPR) is 140.70%.

Insider Activity at BXP

In other BXP news, 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 transaction, the senior vice president directly owned 311 shares of the company’s stock, valued at approximately $18,613.35. The trade was a 86.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Peter V. Otteni sold 4,863 shares of the company’s 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 33,176 shares of company stock worth $2,151,552. 1.50% of the stock is owned by corporate insiders.

Institutional Trading of BXP

A number of hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its stake 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 worth $2,949,000 after acquiring an additional 36,944 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of BXP by 9.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 450,591 shares of the real estate investment trust’s stock valued at $30,559,000 after acquiring an additional 38,639 shares during the period. Fisher Asset Management LLC increased its stake in shares of BXP by 30.7% in the 4th quarter. Fisher Asset Management LLC now owns 327,262 shares of the real estate investment trust’s stock valued at $22,084,000 after purchasing an additional 76,946 shares in the last quarter. Nan Fung Trinity HK Ltd. increased its stake in shares of BXP by 33.7% in the 4th 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 purchasing an additional 30,700 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in BXP by 2,555.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 212,549 shares of the real estate investment trust’s stock worth $14,343,000 after purchasing an additional 204,544 shares during the period. 98.72% of the stock is owned by hedge funds and other institutional investors.

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.