BXP, Inc. (NYSE:BXP) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of BXP, Inc. (NYSE:BXP) have been assigned an average recommendation of “Hold” from the twenty-one research firms that are presently covering the firm, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $70.65.

A number of equities analysts have commented on BXP shares. Weiss Ratings lowered shares of BXP from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, April 27th. BMO Capital Markets reiterated an “outperform” rating and issued a $68.00 price objective on shares of BXP in a report on Tuesday, June 2nd. Cantor Fitzgerald cut their price objective on shares of BXP from $79.00 to $70.00 and set an “overweight” rating on the stock in a report on Friday, May 15th. JPMorgan Chase & Co. dropped their target price on shares of BXP from $82.00 to $79.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Finally, UBS Group dropped their target price on shares of BXP from $66.00 to $61.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th.

Insider Transactions at BXP

In other news, EVP Peter V. Otteni sold 4,863 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total value of $287,208.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Michael E. Labelle sold 26,113 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the completion of the sale, the chief financial officer directly owned 5,839 shares of the company’s stock, valued at $387,417.65. The trade was a 81.73% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 33,176 shares of company stock valued at $2,151,552. Insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On BXP

Institutional investors have recently modified their holdings of the business. Boothe Investment Group Inc. grew its position in BXP by 13.4% in the 1st quarter. Boothe Investment Group Inc. now owns 32,748 shares of the real estate investment trust’s stock worth $1,700,000 after purchasing an additional 3,860 shares during the last quarter. Bank of America Corp DE grew its position in BXP by 10.1% in the 1st quarter. Bank of America Corp DE now owns 2,693,376 shares of the real estate investment trust’s stock worth $139,786,000 after purchasing an additional 248,182 shares during the last quarter. Janus Henderson Group PLC grew its position in BXP by 481.7% in the 1st quarter. Janus Henderson Group PLC now owns 69,907 shares of the real estate investment trust’s stock worth $3,626,000 after purchasing an additional 57,889 shares during the last quarter. Adelante Capital Management LLC grew its position in BXP by 4.0% in the 1st quarter. Adelante Capital Management LLC now owns 78,363 shares of the real estate investment trust’s stock worth $4,067,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Empowered Funds LLC grew its position in BXP by 5.5% in the 1st quarter. Empowered Funds LLC now owns 7,489 shares of the real estate investment trust’s stock worth $389,000 after purchasing an additional 390 shares during the last quarter. Institutional investors own 98.72% of the company’s stock.

BXP Stock Performance

Shares of BXP stock opened at $66.18 on Friday. BXP has a 12 month low of $49.72 and a 12 month high of $79.33. The company has a debt-to-equity ratio of 2.07, a current ratio of 4.22 and a quick ratio of 4.22. The firm has a market capitalization of $10.55 billion, a P/E ratio of 33.26, a P/E/G ratio of 2.86 and a beta of 1.04. The company’s fifty day moving average price is $58.70 and its two-hundred day moving average price is $61.68.

BXP (NYSE:BXP) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.64 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 analyst estimates of $843.11 million. During the same quarter in the prior year, the firm earned $1.64 EPS. The business’s quarterly revenue was up .8% compared to the same quarter last year. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. On average, research analysts anticipate that BXP will post 6.95 earnings per share for the current fiscal year.

BXP Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were given a $0.70 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 4.2%. BXP’s payout ratio is presently 140.70%.

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.