Boston Properties (NYSE:BXP) Releases Earnings Results, Beats Expectations By $1.28 EPS

Boston Properties (NYSE:BXP) released its quarterly earnings data on Tuesday. The real estate investment trust reported $1.79 EPS for the quarter, topping the consensus estimate of $0.51 by $1.28, Zacks reports. Boston Properties had a net margin of 10.75% and a return on equity of 4.40%. Boston Properties updated its FY 2025 guidance to 6.770-6.950 EPS and its Q1 2025 guidance to 1.630-1.650 EPS.

Boston Properties Trading Down 2.1 %

NYSE:BXP traded down $1.60 during trading hours on Tuesday, reaching $72.99. The company’s stock had a trading volume of 1,533,671 shares, compared to its average volume of 1,203,720. The firm has a 50-day simple moving average of $76.40 and a 200-day simple moving average of $76.67. The company has a debt-to-equity ratio of 2.01, a quick ratio of 5.51 and a current ratio of 5.51. Boston Properties has a 1 year low of $56.46 and a 1 year high of $90.11. The firm has a market capitalization of $11.54 billion, a price-to-earnings ratio of 31.60, a PEG ratio of 0.50 and a beta of 1.18.

Boston Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a dividend yield of 5.37%. The ex-dividend date of this dividend is Tuesday, December 31st. Boston Properties’s dividend payout ratio is currently 169.70%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BXP. Scotiabank reaffirmed a “sector perform” rating and issued a $85.00 price target on shares of Boston Properties in a report on Thursday, November 7th. Compass Point upgraded Boston Properties from a “neutral” rating to a “buy” rating and raised their target price for the stock from $80.00 to $88.00 in a research note on Thursday, November 14th. Piper Sandler upgraded Boston Properties from a “neutral” rating to an “overweight” rating and upped their price target for the company from $78.00 to $105.00 in a research report on Wednesday, October 23rd. UBS Group increased their price target on shares of Boston Properties from $64.00 to $80.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. Finally, Jefferies Financial Group reduced their price objective on shares of Boston Properties from $93.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday, January 2nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Boston Properties presently has a consensus rating of “Hold” and a consensus target price of $82.00.

Boston Properties Company Profile

Boston Properties, Inc (NYSE: BXP) (BXP or the Company) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets – Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years.