BXP, Inc. (NYSE:BXP) Stock Has Consensus Price Target of $75.06

Shares of BXP, Inc. (NYSE:BXP) have been assigned a consensus recommendation of “Moderate Buy” from the eighteen analysts that are currently covering the stock, Marketbeat.com reports. Eight research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $73.00.

A number of analysts have recently issued reports on the stock. Mizuho lifted their price objective on shares of BXP from $62.00 to $68.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BXP in a research report on Wednesday, August 12th. Weiss Ratings restated a “hold (c)” rating on shares of BXP in a research note on Friday, October 2nd. BMO Capital Markets restated an “outperform” rating and issued a $70.00 target price on shares of BXP in a research note on Sunday. Finally, Citigroup raised their price target on shares of BXP from $58.00 to $69.00 and gave the company a “neutral” rating in a report on Tuesday, August 4th.

Hedge Funds Weigh In On BXP

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rehmann Capital Advisory Group lifted its position in shares of BXP by 4.3% during the second quarter. Rehmann Capital Advisory Group now owns 4,280 shares of the real estate investment trust’s stock worth $284,000 after purchasing an additional 175 shares during the last quarter. Minot DeBlois Advisors LLC grew its stake in BXP by 2.5% in the fourth quarter. Minot DeBlois Advisors LLC now owns 7,902 shares of the real estate investment trust’s stock worth $533,000 after purchasing an additional 196 shares in the last quarter. Elevation Wealth Partners LLC increased its holdings in BXP by 13.7% in the third quarter. Elevation Wealth Partners LLC now owns 1,715 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 206 shares during the last quarter. Arizona State Retirement System increased its holdings in BXP by 0.6% in the second quarter. Arizona State Retirement System now owns 41,582 shares of the real estate investment trust’s stock valued at $2,757,000 after buying an additional 238 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp increased its holdings in BXP by 4.6% in the first quarter. OMERS ADMINISTRATION Corp now owns 5,641 shares of the real estate investment trust’s stock valued at $293,000 after buying an additional 246 shares during the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

BXP Price Performance

BXP stock opened at $59.51 on Friday. The firm has a market cap of $9.50 billion, a P/E ratio of 32.00, a price-to-earnings-growth ratio of 2.50 and a beta of 1.03. The company has a debt-to-equity ratio of 2.07, a quick ratio of 3.91 and a current ratio of 3.91. BXP has a 1 year low of $49.72 and a 1 year high of $74.96. The stock has a 50-day simple moving average of $65.41 and a 200-day simple moving average of $63.07.

BXP (NYSE:BXP) last released its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, topping the consensus estimate of $0.40 by $0.03. The firm had revenue of $895.70 million for the quarter, compared to analyst estimates of $858.07 million. BXP had a return on equity of 3.88% and a net margin of 8.44%. BXP’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.71 EPS. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. On average, equities analysts predict that BXP will post 7.02 earnings per share for the current fiscal year.

BXP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, September 30th will be issued a $0.70 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $2.80 dividend on an annualized basis and a yield of 4.7%. BXP’s payout ratio is currently 150.54%.

About BXP

BXP, Inc (NYSE:BXP), formerly known as Boston Properties, is a real estate investment trust that owns, develops, acquires and manages primarily office properties. The company focuses on high-quality commercial real estate in major U.S. business markets and serves corporate tenants across a range of industries.

The company’s portfolio includes office buildings, mixed-use developments and life science properties, as well as select residential assets. BXP also provides property management, leasing and development services associated with its real estate holdings.