BXP (NYSE:BXP) Shares Cross Above Two Hundred Day Moving Average - What's Next?

Key Points

• BXP, Inc. stock price has surpassed its 200-day moving average, trading as high as $73.90 with a recent price of $73.71.
• Analyst ratings vary significantly, with price targets ranging from $68.00 to $82.00, reflecting a cautious outlook on the stock's growth potential.
• BXP recently announced a quarterly dividend of $0.98 per share, yielding approximately 5.3%, and has set FY 2025 earnings guidance at $6.840-6.92 EPS.

Shares of BXP, Inc. (NYSE:BXP - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $67.50 and traded as high as $73.90. BXP shares last traded at $73.71, with a volume of 1,202,479 shares traded.

Analyst Upgrades and Downgrades

BXP has been the subject of several research analyst reports. Scotiabank dropped their price objective on shares of BXP from $81.00 to $77.00 and set a "sector perform" rating for the company in a research report on Thursday, August 28th. The Goldman Sachs Group dropped their target price on shares of BXP from $76.00 to $68.00 and set a "neutral" rating for the company in a research report on Thursday, August 14th. Wells Fargo & Company dropped their target price on shares of BXP from $78.00 to $77.00 and set an "overweight" rating for the company in a research report on Wednesday, August 27th. UBS Group upped their target price on shares of BXP from $68.00 to $74.00 and gave the company a "neutral" rating in a research report on Tuesday. Finally, Truist Financial dropped their target price on shares of BXP from $75.00 to $71.00 and set a "hold" rating for the company in a research report on Tuesday, May 27th. Six research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $77.13.

BXP Stock Down 4.5%

The company has a market cap of $11.46 billion, a price-to-earnings ratio of 2,413.14, a price-to-earnings-growth ratio of 4.19 and a beta of 1.22. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 2.06. The firm's fifty day moving average price is $68.97 and its 200-day moving average price is $67.62.

BXP (NYSE:BXP - Get Free Report) last released its earnings results on Tuesday, July 29th. The real estate investment trust reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.67 by $0.04. The firm had revenue of $868.46 million during the quarter, compared to analysts' expectations of $845.09 million. BXP had a return on equity of 3.89% and a net margin of 0.11%.The company's revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.77 EPS. 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 predict that BXP, Inc. will post 6.91 earnings per share for the current year.

BXP Dividend Announcement

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

Hedge Funds Weigh In On BXP

A number of large investors have recently modified their holdings of the business. Squarepoint Ops LLC boosted its stake in shares of BXP by 99.3% during the 2nd quarter. Squarepoint Ops LLC now owns 112,591 shares of the real estate investment trust's stock worth $7,597,000 after buying an additional 56,104 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of BXP by 4.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 21,351 shares of the real estate investment trust's stock worth $1,441,000 after buying an additional 838 shares during the last quarter. Rexford Capital Inc. acquired a new position in shares of BXP during the 2nd quarter worth about $96,000. CANADA LIFE ASSURANCE Co boosted its stake in shares of BXP by 12.2% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 405,481 shares of the real estate investment trust's stock worth $27,371,000 after buying an additional 44,093 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of BXP by 73.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,143 shares of the real estate investment trust's stock worth $617,000 after buying an additional 3,864 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

BXP Company Profile

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.