BXP, Inc. (NYSE:BXP) Given Average Rating of “Moderate Buy” by Analysts

BXP, Inc. (NYSE:BXP) has been assigned a consensus recommendation of “Moderate Buy” from the twenty analysts that are covering the firm, MarketBeat.com reports. Nine research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $73.1053.

BXP has been the topic of a number of analyst reports. LADENBURG THALM/SH SH increased their price objective on BXP from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Wall Street Zen downgraded shares of BXP from a “hold” rating to a “sell” rating in a research note on Monday. Evercore set a $68.00 target price on shares of BXP in a report on Monday, July 6th. Wells Fargo & Company raised their price target on shares of BXP from $69.00 to $77.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Finally, Cantor Fitzgerald lowered their price target on shares of BXP from $79.00 to $70.00 and set an “overweight” rating for the company in a report on Friday, May 15th.

Key Headlines Impacting BXP

Here are the key news stories impacting BXP this week:

• Positive Sentiment: Premium-office leasing is reportedly surging, improving BXP’s ability to raise occupancy, rents and cash flow at higher-quality properties. This supports the company’s strategy of focusing on well-located office assets and could help offset weakness in older buildings. BXP Gains Leverage as Premium Office Leasing Surges
• Positive Sentiment: BXP secured a $1.2 billion construction loan for its 343 Madison Avenue office tower in Midtown Manhattan. The financing advances a major development and demonstrates lender support for the project, which is positioned to benefit from demand for premium New York office space. BXP Secures $1.2B Construction Loan for 343 Madison Avenue Office Tower
• Positive Sentiment: The company is finalizing equity and construction arrangements for its Worldgate project and considering another Washington, D.C., office redevelopment. Law firms’ demand for high-end space could create attractive redevelopment opportunities and support long-term growth. BXP finalizes equity, construction deals for Worldgate project
• Neutral Sentiment: An affiliate of Douglas Development is under contract to acquire a Dupont Circle office building from BXP. The sale could provide liquidity and streamline the portfolio, although disposing of an asset also reduces the company’s property base and future rental income. Douglas Development affiliate under contract to buy Dupont Circle office building from BXP
• Negative Sentiment: The $1.2 billion loan increases BXP’s debt obligations and exposes the company to interest-rate, construction-cost and leasing risks. With leverage already elevated, investors may be cautious until the tower is completed and successfully leased. BXP Secures $1.2B Loan for Midtown Manhattan Office Tower

BXP Price Performance

BXP stock opened at $70.17 on Monday. The stock’s 50 day moving average price is $66.10 and its 200 day moving average price is $61.14. The firm has a market cap of $11.19 billion, a P/E ratio of 37.73, a PEG ratio of 3.01 and a beta of 1.01. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 3.91. BXP has a 1 year low of $49.72 and a 1 year high of $79.33.

BXP (NYSE:BXP) last released its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share 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 company had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. During the same quarter last year, the business posted $1.71 earnings per share. BXP’s revenue 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. On average, sell-side analysts expect that BXP will post 7 earnings per share for the current fiscal year.

BXP Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were given a dividend of $0.70 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a yield of 4.0%. BXP’s dividend payout ratio (DPR) is 150.54%.

Insiders Place Their Bets

In other BXP news, SVP Eric G. Kevorkian sold 2,000 shares of BXP stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $59.85, for a total value of $119,700.00. Following the completion of the sale, the senior vice president directly owned 311 shares of the company’s stock, valued at approximately $18,613.35. The trade was a 86.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Michael E. Labelle sold 26,113 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total value of $1,732,597.55. Following the transaction, the chief financial officer directly owned 5,839 shares in the company, valued at approximately $387,417.65. This represents a 81.73% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 33,176 shares of company stock valued at $2,151,552. Company insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On BXP

Large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC increased its stake in shares of BXP by 546.2% during the 4th quarter. SG Americas Securities LLC now owns 43,708 shares of the real estate investment trust’s stock valued at $2,949,000 after acquiring an additional 36,944 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of BXP by 9.4% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 450,591 shares of the real estate investment trust’s stock worth $30,559,000 after acquiring an additional 38,639 shares during the last quarter. Fisher Asset Management LLC grew its holdings in BXP by 30.7% in the fourth quarter. Fisher Asset Management LLC now owns 327,262 shares of the real estate investment trust’s stock valued at $22,084,000 after purchasing an additional 76,946 shares during the period. Nan Fung Trinity HK Ltd. grew its holdings in BXP by 33.7% in the fourth quarter. Nan Fung Trinity HK Ltd. now owns 121,924 shares of the real estate investment trust’s stock valued at $8,227,000 after purchasing an additional 30,700 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in BXP by 11.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 198,019 shares of the real estate investment trust’s stock valued at $13,362,000 after purchasing an additional 19,999 shares during the period. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

About BXP

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.