BXP, Inc. (NYSE:BXP) Receives Average Recommendation of "Hold" from Analysts

Key Points

• BXP, Inc. has an average analyst rating of "Hold", with one sell, ten hold, and five buy recommendations from a total of sixteen ratings firms.
• The company recently announced a quarterly dividend of $0.70 per share, representing an annualized dividend of $2.80 with a yield of 3.7%.
• BXP reported Q2 earnings of $1.71 per share, exceeding estimates, and a revenue of $868.46 million, slightly above analyst projections.

Shares of BXP, Inc. (NYSE:BXP - Get Free Report) have received a consensus rating of "Hold" from the sixteen ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $77.1250.

Several research analysts have commented on the stock. UBS Group boosted their price target on shares of BXP from $68.00 to $74.00 and gave the stock a "neutral" rating in a report on Tuesday, September 9th. Wells Fargo & Company dropped their target price on BXP from $78.00 to $77.00 and set an "overweight" rating on the stock in a report on Wednesday, August 27th. Morgan Stanley lifted their price target on BXP from $62.00 to $65.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Mizuho lowered their price target on BXP from $86.00 to $82.00 and set an "outperform" rating for the company in a report on Monday, July 14th. Finally, Piper Sandler raised their price objective on BXP from $80.00 to $90.00 and gave the stock an "overweight" rating in a report on Tuesday, September 9th.

BXP Trading Up 0.6%

BXP opened at $75.30 on Tuesday. The business has a fifty day moving average price of $70.94 and a 200 day moving average price of $68.44. The company has a debt-to-equity ratio of 2.06, a current ratio of 3.76 and a quick ratio of 3.76. BXP has a 12 month low of $54.22 and a 12 month high of $90.11. The stock has a market capitalization of $11.93 billion, a price-to-earnings ratio of 2,510.67, a PEG ratio of 8.00 and a beta of 1.22.

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

BXP Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.70 per share. The ex-dividend date is Tuesday, September 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.7%. BXP's dividend payout ratio (DPR) is 13,066.67%.

Institutional Trading of BXP

Large investors have recently bought and sold shares of the business. Loomis Sayles & Co. L P acquired a new position in BXP in the 2nd quarter valued at $25,000. MUFG Securities EMEA plc purchased a new stake in shares of BXP in the second quarter valued at about $29,000. REAP Financial Group LLC increased 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 worth $32,000 after acquiring an additional 311 shares during the period. Sentry Investment Management LLC purchased a new position in BXP during the first quarter worth about $34,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in BXP during the second quarter worth about $43,000. Institutional investors and hedge funds own 98.72% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.