BXP, Inc. (NYSE:BXP) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of BXP, Inc. (NYSE:BXP) have been assigned an average rating of “Moderate Buy” from the twenty-one research firms that are covering the firm, MarketBeat reports. Ten research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $71.20.

Several equities research analysts have recently commented on BXP shares. Wells Fargo & Company upped their price target on shares of BXP from $69.00 to $77.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Cantor Fitzgerald cut their target price 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. Truist Financial decreased their price target on shares of BXP from $70.00 to $64.00 and set a “hold” rating on the stock in a research report on Tuesday, May 26th. Piper Sandler dropped their price target on shares of BXP from $87.00 to $75.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Finally, BMO Capital Markets restated an “outperform” rating and issued a $68.00 price objective on shares of BXP in a research note on Tuesday, June 2nd.

BXP Stock Performance

NYSE:BXP traded up $0.35 during trading hours on Thursday, reaching $70.33. The company had a trading volume of 128,287 shares, compared to its average volume of 2,126,054. The firm has a market cap of $11.22 billion, a price-to-earnings ratio of 35.31, a PEG ratio of 3.00 and a beta of 1.01. 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’s 50 day moving average price is $62.11 and its 200-day moving average price is $61.08. 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). BXP had a return on equity of 4.13% and a net margin of 9.09%.The firm had revenue of $872.15 million during the quarter, compared to analysts’ expectations of $843.11 million. During the same quarter last year, the business earned $1.64 earnings per share. The business’s quarterly revenue was up .8% on a year-over-year basis. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, analysts forecast that BXP will post 6.95 EPS for the current year.

BXP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders 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 payout ratio is currently 140.70%.

Insider Transactions at BXP

In other news, SVP Eric G. Kevorkian sold 2,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $59.85, for a total value of $119,700.00. Following the transaction, the senior vice president owned 311 shares of the company’s stock, valued at $18,613.35. This trade represents a 86.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Peter V. Otteni sold 4,863 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total transaction of $287,208.78. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,176 shares of company stock valued at $2,151,552 over the last quarter. 1.50% of the stock is currently owned by company insiders.

Institutional Trading of BXP

Several institutional investors and hedge funds have recently modified their holdings of BXP. Elyxium Wealth LLC purchased a new stake in BXP in the 4th quarter worth $25,000. Princeton Global Asset Management LLC lifted its holdings in BXP by 892.5% in the 4th quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 357 shares in the last quarter. MUFG Securities EMEA plc bought a new position in BXP in the 2nd quarter worth approximately $29,000. Clearstead Advisors LLC grew its holdings in BXP by 109.4% during the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 268 shares in the last quarter. Finally, State of Wyoming lifted its holdings in shares of BXP by 45.5% in the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 193 shares in the last quarter. 98.72% of the stock is currently owned by 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.