Analysts Set BXP, Inc. (NYSE:BXP) Price Target at $75.28

BXP, Inc. (NYSE:BXP) has been assigned a consensus rating of “Moderate Buy” from the nineteen analysts that are presently covering the firm, MarketBeat reports. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $75.0556.

A number of equities research analysts have recently issued reports on the stock. BMO Capital Markets restated an “outperform” rating and set a $68.00 price target on shares of BXP in a report on Tuesday, June 2nd. Mizuho raised their price objective on shares of BXP from $62.00 to $68.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Scotiabank lowered their price objective on shares of BXP from $76.00 to $73.00 and set an “outperform” rating on the stock in a research report on Thursday. UBS Group boosted their target price on shares of BXP from $61.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, August 25th. Finally, Weiss Ratings upgraded BXP from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th.

Institutional Investors Weigh In On BXP

Institutional investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC purchased a new stake in shares of BXP in the second quarter worth approximately $215,000. Integrated Wealth Concepts LLC purchased a new position in BXP during the second quarter valued at approximately $195,000. NewEdge Advisors LLC grew its position in BXP by 14,654.2% during the second quarter. NewEdge Advisors LLC now owns 3,541 shares of the real estate investment trust’s stock valued at $235,000 after purchasing an additional 3,517 shares in the last quarter. Allworth Financial LP increased its stake in BXP by 118.2% in the 2nd quarter. Allworth Financial LP now owns 3,253 shares of the real estate investment trust’s stock valued at $216,000 after buying an additional 1,762 shares during the period. Finally, Arizona State Retirement System increased its stake in BXP by 0.6% in the 2nd 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 period. 98.72% of the stock is currently owned by institutional investors and hedge funds.

BXP Trading Up 1.7%

NYSE:BXP opened at $64.25 on Tuesday. The stock has a fifty day simple moving average of $67.96 and a 200 day simple moving average of $62.24. The firm has a market capitalization of $10.26 billion, a price-to-earnings ratio of 34.54, a price-to-earnings-growth ratio of 2.36 and a beta of 1.01. BXP has a 1-year low of $49.72 and a 1-year high of $77.27. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 2.07.

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

BXP Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Wednesday, September 30th. BXP’s dividend payout ratio is currently 150.54%.

BXP Company Profile

BXP, Inc (NYSE:BXP), formerly known as Boston Properties, is a publicly traded real estate investment trust that owns, develops, redevelops, and manages commercial properties. The company’s portfolio is primarily focused on office buildings, with additional investments in residential, retail, and life sciences properties.

BXP serves major U.S. metropolitan markets, including Boston, Los Angeles, New York, San Francisco, and Washington, DC Its properties are generally located in established business districts and are designed to accommodate corporate offices, research and development activities, retail operations, and residential tenants.

Founded in 1970, the company has grown into one of the largest owners and developers of office properties in the United States.