BXP (NYSE:BXP) Receives Hold (C-) Rating from Weiss Ratings

Key Points

• BXP has received a "hold (C-)" rating from Weiss Ratings, while a consensus rating from analysts is also "Hold" with an average target price of $77.88.
• The stock traded down $0.71 to $73.06 on Wednesday, with a market cap of $11.57 billion and notable fluctuations within the past year, from a low of $54.22 to a high of $90.11.
• In earnings reports, BXP exceeded estimates with earnings per share of $1.71, compared to the consensus estimate of $1.67, and revenue increased by 2.1% year-over-year.

BXP (NYSE:BXP - Get Free Report)'s stock had its "hold (c-)" rating restated by equities research analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

BXP has been the topic of a number of other reports. Wells Fargo & Company reduced their price objective on shares of BXP from $78.00 to $77.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 27th. Citigroup boosted their price objective on shares of BXP from $70.00 to $75.00 and gave the company a "neutral" rating in a research report on Wednesday, September 10th. Evercore ISI boosted their price objective on shares of BXP from $76.00 to $77.00 and gave the company an "in-line" rating in a research report on Monday, September 29th. Compass Point downgraded shares of BXP from a "buy" rating to a "neutral" rating and set a $75.00 price objective on the stock. in a research report on Wednesday, September 10th. Finally, UBS Group boosted their price objective on shares of BXP from $68.00 to $74.00 and gave the company a "neutral" rating in a research report on Tuesday, September 9th. Six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, BXP currently has a consensus rating of "Hold" and an average target price of $77.88.

BXP Price Performance

BXP stock traded down $0.71 during mid-day trading on Wednesday, hitting $73.06. 2,472,695 shares of the company traded hands, compared to its average volume of 1,638,232. BXP has a one year low of $54.22 and a one year high of $90.11. The stock has a market cap of $11.57 billion, a price-to-earnings ratio of 2,436.15, a price-to-earnings-growth ratio of 7.82 and a beta of 1.22. The company has a debt-to-equity ratio of 2.06, a quick ratio of 3.76 and a current ratio of 3.76. The stock has a fifty day moving average price of $71.43 and a 200-day moving average price of $68.71.

BXP (NYSE:BXP - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $845.09 million. During the same period in the previous year, the business 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, equities analysts predict that BXP will post 6.91 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Sound Income Strategies LLC raised its stake in shares of BXP by 14.6% during the 1st quarter. Sound Income Strategies LLC now owns 4,356 shares of the real estate investment trust's stock worth $293,000 after buying an additional 556 shares during the period. Spirit of America Management Corp NY increased its position in shares of BXP by 7.8% during the first quarter. Spirit of America Management Corp NY now owns 6,915 shares of the real estate investment trust's stock worth $465,000 after purchasing an additional 500 shares in the last quarter. Altrius Capital Management Inc increased its position in shares of BXP by 3.7% during the first quarter. Altrius Capital Management Inc now owns 66,842 shares of the real estate investment trust's stock worth $4,491,000 after purchasing an additional 2,375 shares in the last quarter. Pacific Heights Asset Management LLC boosted its stake in BXP by 66.7% during the first quarter. Pacific Heights Asset Management LLC now owns 100,000 shares of the real estate investment trust's stock worth $6,719,000 after buying an additional 40,000 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky boosted its stake in BXP by 4.1% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 11,215 shares of the real estate investment trust's stock worth $754,000 after buying an additional 441 shares during the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

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.

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