Zacks Research Analysts Increase Earnings Estimates for BXP

BXP, Inc. (NYSE:BXP) – Analysts at Zacks Research raised their FY2026 EPS estimates for BXP in a research report issued on Tuesday, August 19th. Zacks Research analyst Team now expects that the real estate investment trust will post earnings of $7.06 per share for the year, up from their previous forecast of $7.01. The consensus estimate for BXP’s current full-year earnings is $6.91 per share. Zacks Research also issued estimates for BXP’s Q4 2026 earnings at $1.87 EPS.

Several other brokerages also recently weighed in on BXP. The Goldman Sachs Group lowered their target price on shares of BXP from $76.00 to $68.00 and set a “neutral” rating on the stock in a report on Thursday, August 14th. UBS Group reduced their price objective on shares of BXP from $80.00 to $68.00 and set a “neutral” rating for the company in a research note on Monday, May 5th. Wall Street Zen cut shares of BXP from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. JPMorgan Chase & Co. upgraded shares of BXP from an “underweight” rating to a “neutral” rating and raised their price objective for the company from $72.00 to $78.00 in a research note on Monday, June 23rd. Finally, Mizuho reduced their price objective on shares of BXP from $86.00 to $82.00 and set an “outperform” rating for the company in a research note on Monday, July 14th. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $77.07.

BXP Stock Up 4.4%

Shares of NYSE:BXP opened at $69.3140 on Friday. The company has a market cap of $10.98 billion, a price-to-earnings ratio of 2,311.24, a PEG ratio of 3.83 and a beta of 1.17. The firm’s 50-day simple moving average is $68.29 and its 200-day simple moving average is $67.46. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 2.06. BXP has a fifty-two week low of $54.22 and a fifty-two week high of $90.11.

BXP (NYSE:BXP) last issued its earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.04. The business had revenue of $868.46 million for the quarter, compared to the consensus estimate of $845.09 million. BXP had a net margin of 0.11% and a return on equity of 3.89%. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.77 earnings per share. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS.

BXP Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Monday, June 30th were issued a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend was Monday, June 30th. BXP’s dividend payout ratio is 13,066.67%.

Hedge Funds Weigh In On BXP

A number of institutional investors have recently modified their holdings of the company. Norges Bank purchased a new position in shares of BXP during the second quarter valued at approximately $686,886,000. Vanguard Group Inc. lifted its stake in shares of BXP by 4.3% during the second quarter. Vanguard Group Inc. now owns 24,470,390 shares of the real estate investment trust’s stock valued at $1,651,017,000 after buying an additional 1,016,579 shares during the period. Franklin Resources Inc. lifted its stake in shares of BXP by 354.0% during the second quarter. Franklin Resources Inc. now owns 870,178 shares of the real estate investment trust’s stock valued at $58,711,000 after buying an additional 678,529 shares during the period. Bamco Inc. NY purchased a new position in shares of BXP during the second quarter valued at approximately $38,580,000. Finally, Daiwa Securities Group Inc. lifted its stake in shares of BXP by 70.9% during the second quarter. Daiwa Securities Group Inc. now owns 1,138,083 shares of the real estate investment trust’s stock valued at $76,787,000 after buying an additional 472,221 shares during the period. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP 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.