BXP (NYSE:BXP) Releases Earnings Results, Misses Estimates By $0.94 EPS

BXP (NYSE:BXP - Get Free Report) released its quarterly earnings data on Tuesday. The real estate investment trust reported $0.64 earnings per share for the quarter, missing the consensus estimate of $1.58 by ($0.94), Zacks reports. The firm had revenue of $872.15 million during the quarter, compared to analyst estimates of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. The business's revenue for the quarter was up .8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.64 earnings per share. BXP updated its Q2 2026 guidance to 1.690-1.710 EPS.

BXP Price Performance

Shares of BXP opened at $59.37 on Friday. BXP has a 52 week low of $49.72 and a 52 week high of $79.33. The company has a current ratio of 4.22, a quick ratio of 5.36 and a debt-to-equity ratio of 2.07. The firm has a market cap of $9.42 billion, a price-to-earnings ratio of 29.83, a PEG ratio of 2.53 and a beta of 1.04. The stock has a 50 day moving average of $54.97 and a 200-day moving average of $63.76.

BXP Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were given a $0.70 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 4.7%. BXP's dividend payout ratio (DPR) is presently 140.70%.

Wall Street Analyst Weigh In

BXP has been the subject of several research reports. Barclays decreased their price objective on shares of BXP from $81.00 to $66.00 and set an "overweight" rating for the company in a research note on Thursday, February 26th. Piper Sandler reduced their target price on shares of BXP from $87.00 to $75.00 and set an "overweight" rating on the stock in a report on Wednesday, April 1st. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $79.00 price target on shares of BXP in a research report on Thursday, January 29th. Evercore set a $62.00 price objective on BXP in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $70.00 price objective on shares of BXP in a research note on Tuesday, January 6th. Ten analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. According to MarketBeat.com, BXP presently has an average rating of "Hold" and a consensus price target of $73.05.

Insider Buying and Selling at BXP

In other BXP news, EVP Hilary J. Spann sold 5,495 shares of BXP stock in a transaction on Friday, February 27th. The shares were sold at an average price of $59.69, for a total value of $327,996.55. Following the completion of the transaction, the executive vice president owned 17,832 shares of the company's stock, valued at $1,064,392.08. The trade was a 23.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Owen D. Thomas sold 1,198 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $61.22, for a total transaction of $73,341.56. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,887 shares of company stock worth $476,930 over the last 90 days. 1.50% of the stock is currently owned by company insiders.

Institutional Trading of BXP

Several hedge funds have recently made changes to their positions in BXP. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of BXP by 32,286.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,889,115 shares of the real estate investment trust's stock valued at $127,477,000 after acquiring an additional 1,883,282 shares during the period. Invesco Ltd. boosted its stake in BXP by 44.9% in the 3rd quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust's stock worth $289,701,000 after purchasing an additional 1,207,607 shares during the period. Daiwa Securities Group Inc. boosted its stake in BXP by 76.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 2,012,057 shares of the real estate investment trust's stock worth $149,576,000 after purchasing an additional 873,974 shares during the period. Bamco Inc. NY acquired a new stake in BXP during the 2nd quarter valued at $38,580,000. Finally, Boston Partners lifted its holdings in shares of BXP by 17.6% in the third 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 in the last quarter. Institutional investors own 98.72% of the company's stock.

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.