BXP, Inc. (NYSE:BXP) Stock Has Average Price Target of $75.06 According to Brokerages

Key Points

• Analysts have a moderately bullish view of BXP: 11 of 19 firms rate the stock a buy and eight recommend holding it, with a consensus 12-month price target of $75.06 versus a recent price of $59.02.
• BXP reported quarterly earnings of $0.43 per share, exceeding estimates of $0.40, while revenue of $895.7 million also topped forecasts and rose 3.1% year over year.
• The company declared a quarterly dividend of $0.70 per share, or $2.80 annualized, representing a 4.7% yield; institutional investors own 98.72% of the stock.

Shares of BXP, Inc. (NYSE:BXP - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the nineteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $75.06.

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their price objective on BXP from $79.00 to $87.00 and gave the company an "overweight" rating in a research note on Tuesday, August 25th. Wall Street Zen upgraded BXP from a "sell" rating to a "hold" rating in a research note on Saturday, August 15th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of BXP in a report on Friday, October 2nd. Evercore set a $67.00 price target on BXP in a research report on Monday, September 21st. Finally, Truist Financial boosted their price target on BXP from $64.00 to $68.00 and gave the company a "hold" rating in a report on Wednesday, September 9th.

BXP Stock Down 0.5%

Shares of NYSE BXP opened at $59.02 on Friday. BXP has a 12-month low of $49.72 and a 12-month high of $74.96. The stock's fifty day simple moving average is $65.63 and its two-hundred day simple moving average is $62.95. The stock has a market capitalization of $9.42 billion, a PE ratio of 31.73, a price-to-earnings-growth ratio of 2.51 and a beta of 1.03. The company has a current ratio of 3.91, a quick ratio of 3.91 and a debt-to-equity ratio of 2.07.

BXP (NYSE:BXP - Get Free Report) last announced its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.03. The company had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. BXP had a net margin of 8.44% and a return on equity of 3.88%. BXP's revenue was up 3.1% compared to the same quarter last year. During the same period last year, the firm earned $1.71 earnings per share. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. As a group, analysts expect that BXP will post 7.02 EPS for the current fiscal year.

BXP Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.70 per share. The ex-dividend date is Wednesday, September 30th. This represents a $2.80 dividend on an annualized basis and a yield of 4.7%. BXP's dividend payout ratio is currently 150.54%.

Hedge Funds Weigh In On BXP

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rehmann Capital Advisory Group lifted its position in shares of BXP by 4.3% during the second quarter. Rehmann Capital Advisory Group now owns 4,280 shares of the real estate investment trust's stock worth $284,000 after purchasing an additional 175 shares in the last quarter. Minot DeBlois Advisors LLC raised its stake in shares of BXP by 2.5% in the fourth quarter. Minot DeBlois Advisors LLC now owns 7,902 shares of the real estate investment trust's stock valued at $533,000 after acquiring an additional 196 shares in the last quarter. Elevation Wealth Partners LLC boosted its holdings in BXP by 13.7% in the third quarter. Elevation Wealth Partners LLC now owns 1,715 shares of the real estate investment trust's stock valued at $105,000 after purchasing an additional 206 shares during the period. Arizona State Retirement System boosted its holdings in BXP by 0.6% in the second quarter. Arizona State Retirement System now owns 41,582 shares of the real estate investment trust's stock valued at $2,757,000 after purchasing an additional 238 shares during the period. Finally, OMERS ADMINISTRATION Corp grew its stake in BXP by 4.6% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 5,641 shares of the real estate investment trust's stock worth $293,000 after purchasing an additional 246 shares in the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.

BXP Company Profile

BXP, Inc NYSE: BXP, formerly known as Boston Properties, is a real estate investment trust that owns, develops, acquires and manages primarily office properties. The company focuses on high-quality commercial real estate in major U.S. business markets and serves corporate tenants across a range of industries.

The company's portfolio includes office buildings, mixed-use developments and life science properties, as well as select residential assets. BXP also provides property management, leasing and development services associated with its real estate holdings.

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