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

BXP, Inc. (NYSE:BXP) has been given an average recommendation of “Moderate Buy” by the twenty analysts that are presently covering the stock, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $73.1053.

A number of equities research analysts recently issued reports on BXP shares. Mizuho boosted their target price on shares of BXP from $62.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. UBS Group reaffirmed a “neutral” rating on shares of BXP in a research note on Wednesday. Barclays lifted their price target on shares of BXP from $65.00 to $79.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Citigroup lowered their price objective on shares of BXP from $68.00 to $58.00 and set a “neutral” rating for the company in a research note on Wednesday, April 15th. Finally, BMO Capital Markets restated an “outperform” rating and set a $68.00 price objective on shares of BXP in a report on Tuesday, June 2nd.

BXP Stock Down 2.1%

BXP stock opened at $70.17 on Monday. BXP has a one year low of $49.72 and a one year high of $79.33. The stock has a market capitalization of $11.19 billion, a PE ratio of 37.73, a price-to-earnings-growth ratio of 3.07 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. The company has a fifty day moving average of $66.10 and a 200-day moving average of $61.18.

BXP (NYSE:BXP) last issued its 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 net margin of 8.44% and a return on equity of 3.88%. The company had revenue of $895.70 million for the quarter, compared to analyst estimates of $858.07 million. During the same period in the prior year, the business posted $1.71 earnings per share. The firm’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. As a group, analysts expect that BXP will post 7 EPS for the current year.

BXP Dividend Announcement

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

Insider Activity

In other BXP news, EVP Peter V. Otteni sold 4,863 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $59.06, for a total transaction of $287,208.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Eric G. Kevorkian sold 2,000 shares of the business’s 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 owned 311 shares of the company’s stock, valued at $18,613.35. This trade represents a 86.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 33,176 shares of company stock worth $2,151,552 over the last ninety days. Corporate insiders own 1.50% of the company’s stock.

Institutional Trading of BXP

Several institutional investors have recently modified their holdings of BXP. Cohen & Steers Inc. raised its holdings in shares of BXP by 41.4% during the fourth quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock valued at $1,038,176,000 after acquiring an additional 4,503,738 shares during the period. Norges Bank acquired a new position in BXP in the 4th quarter worth approximately $689,419,000. Geode Capital Management LLC grew its position in BXP by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 4,270,027 shares of the real estate investment trust’s stock worth $287,121,000 after purchasing an additional 55,621 shares in the last quarter. Invesco Ltd. grew its position in BXP by 5.2% during the 4th quarter. Invesco Ltd. now owns 4,101,236 shares of the real estate investment trust’s stock worth $276,751,000 after purchasing an additional 204,258 shares in the last quarter. Finally, Boston Partners raised its stake in BXP by 17.6% during the 3rd quarter. Boston Partners now owns 3,538,351 shares of the real estate investment trust’s stock valued at $263,031,000 after purchasing an additional 529,158 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP News Roundup

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

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.