BXP, Inc. (NYSE:BXP) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• BXP has a “Moderate Buy” consensus rating from 19 brokerages, with 11 analysts recommending buy and eight advising hold. The average 12-month price target is $75.28.
• Recent analysts raised their price targets, including Barclays to $79, Scotiabank to $76, Truist Financial and Mizuho to $68, while maintaining ratings ranging from hold to overweight.
• BXP beat quarterly expectations with EPS of $0.43 versus a $0.40 consensus and revenue of $895.7 million, up 3.1% year over year. The company also pays a quarterly dividend of $0.70 per share, implying a 4.3% yield.

Shares of BXP, Inc. (NYSE:BXP - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the nineteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $75.2778.

BXP has been the subject of several recent analyst reports. Weiss Ratings upgraded BXP from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, July 8th. Truist Financial increased their price objective on BXP from $64.00 to $68.00 and gave the company a "hold" rating in a research report on Wednesday, September 9th. Mizuho boosted their target price on shares of BXP from $62.00 to $68.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 21st. Barclays upped their target price on shares of BXP from $65.00 to $79.00 and gave the company an "overweight" rating in a research note on Tuesday, July 21st. Finally, Scotiabank raised their price target on shares of BXP from $74.00 to $76.00 and gave the stock a "sector outperform" rating in a research report on Wednesday, August 5th.

BXP Price Performance

NYSE BXP opened at $64.47 on Tuesday. BXP has a 1 year low of $49.72 and a 1 year high of $79.33. The company has a fifty day simple moving average of $68.29 and a 200 day simple moving average of $62.04. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 2.07. The company has a market cap of $10.29 billion, a P/E ratio of 34.66, a P/E/G ratio of 2.42 and a beta of 1.01.

BXP (NYSE:BXP - Get Free Report) last announced its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, topping the consensus estimate of $0.40 by $0.03. BXP had a net margin of 8.44% and a return on equity of 3.88%. The firm had revenue of $895.70 million for the quarter, compared to the consensus estimate of $858.07 million. During the same quarter last year, the firm posted $1.71 EPS. The business's quarterly revenue was up 3.1% on a year-over-year basis. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. On average, sell-side analysts predict that BXP will post 7.02 EPS for the current year.

BXP Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.3%. The ex-dividend date was Tuesday, June 30th. BXP's payout ratio is currently 150.54%.

Institutional Trading of BXP

A number of hedge funds have recently modified their holdings of BXP. Elyxium Wealth LLC acquired a new position in BXP during the fourth quarter worth $25,000. Clearstead Advisors LLC boosted its stake in shares of BXP by 109.4% in the 4th quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust's stock valued at $35,000 after purchasing an additional 268 shares in the last quarter. Silvant Capital Management LLC acquired a new stake in shares of BXP in the 2nd quarter valued at $41,000. Eastern Bank grew its holdings in shares of BXP by 108.7% in the 2nd quarter. Eastern Bank now owns 651 shares of the real estate investment trust's stock worth $43,000 after purchasing an additional 339 shares during the last quarter. Finally, Trust Co. of Vermont bought a new stake in shares of BXP in the 2nd quarter worth about $51,000. Institutional investors own 98.72% of the company's stock.

About BXP

BXP, Inc NYSE: BXP, formerly known as Boston Properties, is a publicly traded real estate investment trust that owns, develops, redevelops, and manages commercial properties. The company's portfolio is primarily focused on office buildings, with additional investments in residential, retail, and life sciences properties.

BXP serves major U.S. metropolitan markets, including Boston, Los Angeles, New York, San Francisco, and Washington, DC Its properties are generally located in established business districts and are designed to accommodate corporate offices, research and development activities, retail operations, and residential tenants.

Founded in 1970, the company has grown into one of the largest owners and developers of office properties in the United States.

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