Analysts Set BXP, Inc. (NYSE:BXP) PT at $76.73

Key Points

• BXP, Inc. has received an average rating of "Hold" from analysts, with one sell, seven hold, and seven buy recommendations among the fifteen research firms covering the stock.
• The company recently reported $1.71 earnings per share, exceeding analyst expectations, alongside a 2.1% increase in quarterly revenue compared to the previous year.
• BXP's quarterly dividend of $0.98 per share results in an annualized yield of 5.2%, with a notably high dividend payout ratio of 13,066.67%.

BXP, Inc. (NYSE:BXP - Get Free Report) has been given an average rating of "Hold" by the fifteen research firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $77.1333.

A number of analysts have recently weighed in on BXP shares. Wells Fargo & Company reduced their target price on shares of BXP from $78.00 to $77.00 and set an "overweight" rating on the stock in a report on Wednesday, August 27th. Evercore ISI downgraded shares of BXP from an "outperform" rating to an "in-line" rating and set a $76.00 price target on the stock. in a report on Tuesday. Wall Street Zen upgraded shares of BXP from a "sell" rating to a "hold" rating in a report on Friday. The Goldman Sachs Group reduced their target price on shares of BXP from $76.00 to $68.00 and set a "neutral" rating on the stock in a research report on Thursday, August 14th. Finally, UBS Group raised their target price on shares of BXP from $68.00 to $74.00 and gave the stock a "neutral" rating in a research report on Tuesday.

Hedge Funds Weigh In On BXP

A number of institutional investors have recently modified their holdings of BXP. Loomis Sayles & Co. L P purchased a new position in shares of BXP during the second quarter worth approximately $25,000. MUFG Securities EMEA plc bought a new position in shares of BXP during the second quarter valued at approximately $29,000. REAP Financial Group LLC boosted its stake in shares of BXP by 193.2% during the second quarter. REAP Financial Group LLC now owns 472 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 311 shares in the last quarter. Sentry Investment Management LLC bought a new position in shares of BXP during the first quarter valued at approximately $34,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of BXP during the second quarter valued at approximately $43,000. 98.72% of the stock is owned by hedge funds and other institutional investors.

BXP Price Performance

Shares of BXP stock traded down $3.25 during trading hours on Friday, reaching $72.54. The company's stock had a trading volume of 2,192,854 shares, compared to its average volume of 1,548,148. The firm has a 50 day moving average price of $68.89 and a 200-day moving average price of $67.58. BXP has a one year low of $54.22 and a one year high of $90.11. The company has a debt-to-equity ratio of 2.06, a current ratio of 3.76 and a quick ratio of 3.76. The stock has a market cap of $11.49 billion, a P/E ratio of 2,415.07, a P/E/G ratio of 4.24 and a beta of 1.22.

BXP (NYSE:BXP - Get Free Report) last posted its earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share for the quarter, topping analysts' consensus estimates of $1.67 by $0.04. BXP had a net margin of 0.11% and a return on equity of 3.89%. The firm had revenue of $868.46 million for the quarter, compared to the consensus estimate of $845.09 million. During the same period in the previous year, the firm posted $1.77 EPS. The business's quarterly revenue was up 2.1% on a year-over-year basis. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS. On average, analysts predict that BXP will post 6.91 EPS for the current year.

BXP Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Monday, June 30th were given a dividend of $0.98 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 5.4%. BXP's dividend payout ratio (DPR) is 13,066.67%.

About BXP

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.