BXP (NYSE:BXP) Announces Earnings Results

BXP (NYSE:BXPGet Free Report) issued its quarterly earnings results on Tuesday. The real estate investment trust reported $1.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.24), Zacks reports. The company had revenue of $843.74 million for the quarter, compared to analyst estimates of $875.61 million. BXP had a positive return on equity of 1.35% and a negative net margin of 5.82%.The company’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.79 EPS. BXP updated its Q1 2026 guidance to 1.560-1.580 EPS and its FY 2026 guidance to 6.880-7.040 EPS.

BXP Stock Performance

BXP stock opened at $64.12 on Thursday. The stock has a 50-day moving average price of $68.75 and a 200-day moving average price of $70.36. BXP has a 1-year low of $54.22 and a 1-year high of $79.33. The firm has a market cap of $10.16 billion, a PE ratio of -50.49, a price-to-earnings-growth ratio of 7.69 and a beta of 1.01. The company has a current ratio of 4.50, a quick ratio of 4.50 and a debt-to-equity ratio of 2.26.

BXP Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 29th. Stockholders of record on Wednesday, December 31st will be given a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.80 annualized dividend and a dividend yield of 4.4%. BXP’s dividend payout ratio (DPR) is -220.47%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Jefferies Financial Group upped their price objective on shares of BXP from $79.00 to $84.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. The Goldman Sachs Group set a $77.00 price target on BXP and gave the stock a “neutral” rating in a report on Friday, October 17th. Cantor Fitzgerald set a $79.00 price objective on BXP in a report on Monday, January 5th. Evercore ISI lowered their target price on BXP from $77.00 to $76.00 and set an “in-line” rating for the company in a research report on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $70.00 price target on shares of BXP in a research report on Tuesday, January 6th. Eleven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $77.90.

Check Out Our Latest Research Report on BXP

Insiders Place Their Bets

In related news, EVP John J. Stroman sold 16,838 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $72.17, for a total transaction of $1,215,198.46. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Raymond A. Ritchey sold 36,314 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $72.18, for a total transaction of $2,621,144.52. The SEC filing for this sale provides additional information. Insiders sold a total of 70,710 shares of company stock valued at $5,107,771 in the last ninety days. 1.35% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On BXP

A number of institutional investors and hedge funds have recently made changes to their positions in BXP. Quadrant Capital Group LLC lifted its stake in shares of BXP by 7.6% in the third quarter. Quadrant Capital Group LLC now owns 4,501 shares of the real estate investment trust’s stock valued at $335,000 after buying an additional 318 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of BXP by 91.5% in the 3rd quarter. Private Advisor Group LLC now owns 5,953 shares of the real estate investment trust’s stock worth $443,000 after acquiring an additional 2,845 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in BXP by 73.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,143 shares of the real estate investment trust’s stock valued at $617,000 after acquiring an additional 3,864 shares in the last quarter. Cresset Asset Management LLC boosted its stake in BXP by 29.5% during the 2nd quarter. Cresset Asset Management LLC now owns 9,181 shares of the real estate investment trust’s stock valued at $628,000 after purchasing an additional 2,089 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its holdings in BXP by 107.7% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,724 shares of the real estate investment trust’s stock worth $128,000 after purchasing an additional 894 shares in the last quarter. Institutional investors own 98.72% of the company’s stock.

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.

See Also

Earnings History for BXP (NYSE:BXP)

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