BXP (NYSE:BXP) Stock Breaks Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• BXP shares rose above their 200-day moving average of $62.42, reaching $63.59 during Friday trading and closing near $63.40.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $75.06; recent targets include $68 from Mizuho and BMO Capital Markets.
• BXP exceeded quarterly earnings and revenue expectations, while declaring a $0.70-per-share quarterly dividend, equivalent to a 4.4% yield and $2.80 annualized payout.

BXP, Inc. (NYSE:BXP - Get Free Report) shares passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $62.42 and traded as high as $63.59. BXP shares last traded at $63.3980, with a volume of 1,022,087 shares changing hands.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on BXP. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of BXP in a research report on Wednesday, August 12th. Weiss Ratings upgraded shares of BXP from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, July 8th. Mizuho upped their price objective on shares of BXP from $62.00 to $68.00 and gave the company a "neutral" rating in a research note on Tuesday, July 21st. BMO Capital Markets reaffirmed an "outperform" rating and set a $68.00 price objective on shares of BXP in a report on Tuesday, June 2nd. Finally, Wall Street Zen raised BXP from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. Eleven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $75.06.

BXP Price Performance

The company has a 50-day moving average of $67.46 and a 200-day moving average of $62.42. The company has a debt-to-equity ratio of 2.07, a quick ratio of 3.91 and a current ratio of 3.91. The stock has a market cap of $10.12 billion, a price-to-earnings ratio of 34.09, a PEG ratio of 2.33 and a beta of 1.01.

BXP (NYSE:BXP - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.03. BXP had a return on equity of 3.88% and a net margin of 8.44%.The company had revenue of $895.70 million during the quarter, compared to analysts' expectations of $858.07 million. During the same period last year, the firm earned $1.71 EPS. The firm's revenue for the quarter 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. As a group, equities research analysts predict that BXP, Inc. will post 7.02 earnings per share for the current year.

BXP Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Wednesday, September 30th. BXP's dividend payout ratio is currently 150.54%.

Institutional Investors Weigh In On BXP

A number of institutional investors have recently added to or reduced their stakes in BXP. Clearstead Advisors LLC lifted its holdings in BXP by 109.4% in the fourth quarter. Clearstead Advisors LLC now owns 513 shares of the real estate investment trust's stock valued at $35,000 after acquiring an additional 268 shares during the period. Silvant Capital Management LLC acquired a new position in shares of BXP during the 2nd quarter worth $41,000. Eastern Bank increased 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 valued at $43,000 after purchasing an additional 339 shares in the last quarter. Trust Co. of Vermont purchased a new position in shares of BXP in the 2nd quarter valued at about $51,000. Finally, Avalon Trust Co lifted its stake in shares of BXP by 155.7% in the first quarter. Avalon Trust Co now owns 1,299 shares of the real estate investment trust's stock valued at $67,000 after purchasing an additional 791 shares during the period. Hedge funds and other 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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