Boston Properties (NYSE:BXP) Releases Earnings Results, Misses Expectations By $0.01 EPS

Boston Properties (NYSE:BXP - Get Free Report) posted its earnings results on Tuesday. The real estate investment trust reported $1.64 EPS for the quarter, missing the consensus estimate of $1.65 by ($0.01), Zacks reports. Boston Properties had a return on equity of 3.90% and a net margin of 0.38%. The company had revenue of $865.22 million for the quarter, compared to the consensus estimate of $833.89 million. During the same quarter last year, the business earned $1.73 EPS. Boston Properties's quarterly revenue was up 3.1% compared to the same quarter last year. Boston Properties updated its Q2 2025 guidance to 1.650-1.670 EPS and its FY 2025 guidance to 6.800-6.920 EPS.

Boston Properties Trading Up 1.1 %

NYSE BXP traded up $0.70 during trading on Friday, reaching $64.98. 1,254,741 shares of the stock traded hands, compared to its average volume of 1,267,869. Boston Properties has a fifty-two week low of $54.22 and a fifty-two week high of $90.11. The company has a quick ratio of 5.51, a current ratio of 5.69 and a debt-to-equity ratio of 2.09. The firm has a market cap of $10.29 billion, a price-to-earnings ratio of 649.86, a price-to-earnings-growth ratio of 0.91 and a beta of 1.06. The stock's 50-day moving average price is $65.41 and its 200 day moving average price is $72.91.

Boston Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were given a $0.98 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $3.92 dividend on an annualized basis and a dividend yield of 6.03%. Boston Properties's dividend payout ratio is -19,600.00%.

Insiders Place Their Bets

In related news, EVP Donna D. Garesche sold 2,143 shares of the firm's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $67.87, for a total transaction of $145,445.41. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Hilary J. Spann sold 12,379 shares of the business's stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $72.02, for a total value of $891,535.58. Following the completion of the transaction, the executive vice president now directly owns 7,271 shares of the company's stock, valued at approximately $523,657.42. The trade was a 63.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.35% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Mizuho cut their price target on shares of Boston Properties from $92.00 to $86.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Jefferies Financial Group started coverage on Boston Properties in a report on Monday, March 17th. They issued a "buy" rating and a $78.00 target price on the stock. Scotiabank cut their price objective on Boston Properties from $85.00 to $83.00 and set a "sector perform" rating for the company in a research report on Friday, February 28th. Piper Sandler decreased their target price on Boston Properties from $100.00 to $85.00 and set an "overweight" rating on the stock in a report on Tuesday, April 15th. Finally, Wells Fargo & Company lowered their target price on Boston Properties from $88.00 to $80.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, Boston Properties presently has an average rating of "Hold" and an average price target of $79.83.

About Boston Properties

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.