Analysts Set Expectations for BXP's Q3 Earnings (NYSE:BXP)

Key Points

• Zacks Research has revised BXP's Q3 2025 earnings per share estimate down to $1.71 from $1.75, while the full-year earnings consensus remains at $6.91 per share.
• Multiple brokerages have adjusted price targets for BXP, with Morgan Stanley increasing it to $65.00 while UBS and Goldman Sachs lowered theirs to $68.00.
• BXP recently announced a quarterly dividend of $0.98, providing an annualized yield of 5.9%, with a payout ratio currently at 13,066.67%.

BXP, Inc. (NYSE:BXP - Free Report) - Equities research analysts at Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for BXP in a report released on Tuesday, August 19th. Zacks Research analyst Team now forecasts that the real estate investment trust will earn $1.71 per share for the quarter, down from their prior forecast of $1.75. The consensus estimate for BXP's current full-year earnings is $6.91 per share. Zacks Research also issued estimates for BXP's FY2025 earnings at $6.84 EPS, Q1 2026 earnings at $1.66 EPS, Q2 2026 earnings at $1.73 EPS, Q3 2026 earnings at $1.80 EPS, Q1 2027 earnings at $1.78 EPS, Q2 2027 earnings at $1.83 EPS and FY2027 earnings at $7.24 EPS.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.67 by $0.04. BXP had a return on equity of 3.89% and a net margin of 0.11%.The firm had revenue of $868.46 million for the quarter, compared to analysts' expectations of $845.09 million. During the same period last year, the firm earned $1.77 earnings per share. The company's revenue for the quarter was up 2.1% compared to the same quarter last year. BXP has set its FY 2025 guidance at 6.840-6.92 EPS. Q3 2025 guidance at 1.690-1.71 EPS.

A number of other brokerages have also recently issued reports on BXP. Piper Sandler reduced their price objective on BXP from $85.00 to $80.00 and set an "overweight" rating on the stock in a research note on Monday, August 4th. JPMorgan Chase & Co. raised BXP from an "underweight" rating to a "neutral" rating and raised their price objective for the company from $72.00 to $78.00 in a research note on Monday, June 23rd. Scotiabank reduced their price objective on BXP from $83.00 to $81.00 and set a "sector perform" rating on the stock in a research note on Monday, July 14th. Truist Financial reduced their price objective on BXP from $75.00 to $71.00 and set a "hold" rating on the stock in a research note on Tuesday, May 27th. Finally, Mizuho reduced their price objective on BXP from $86.00 to $82.00 and set an "outperform" rating on the stock in a research note on Monday, July 14th. Seven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, BXP has a consensus rating of "Hold" and a consensus target price of $77.07.

BXP Trading Down 0.2%

Shares of NYSE:BXP traded down $0.16 on Thursday, reaching $69.52. 547,416 shares of the company traded hands, compared to its average volume of 1,522,263. The business's 50-day simple moving average is $68.23 and its 200 day simple moving average is $67.40. BXP has a 52 week low of $54.22 and a 52 week high of $90.11. The stock has a market capitalization of $11.01 billion, a P/E ratio of 2,318.11, a price-to-earnings-growth ratio of 3.83 and a beta of 1.17. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 2.06.

Institutional Trading of BXP

Several large investors have recently modified their holdings of the business. Truist Financial Corp lifted its holdings in shares of BXP by 1.2% during the second quarter. Truist Financial Corp now owns 11,987 shares of the real estate investment trust's stock valued at $809,000 after purchasing an additional 145 shares during the last quarter. CVA Family Office LLC lifted its holdings in shares of BXP by 12.4% during the second quarter. CVA Family Office LLC now owns 2,055 shares of the real estate investment trust's stock valued at $139,000 after purchasing an additional 226 shares during the last quarter. Venture Visionary Partners LLC lifted its holdings in shares of BXP by 3.1% during the second quarter. Venture Visionary Partners LLC now owns 7,712 shares of the real estate investment trust's stock valued at $520,000 after purchasing an additional 230 shares during the last quarter. Naviter Wealth LLC lifted its holdings in shares of BXP by 3.4% during the second quarter. Naviter Wealth LLC now owns 7,003 shares of the real estate investment trust's stock valued at $479,000 after purchasing an additional 232 shares during the last quarter. Finally, Keybank National Association OH lifted its holdings in shares of BXP by 7.7% during the second quarter. Keybank National Association OH now owns 3,525 shares of the real estate investment trust's stock valued at $238,000 after purchasing an additional 253 shares during the last quarter. 98.72% of the stock is owned by institutional investors.

BXP Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Monday, June 30th were paid a $0.98 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $3.92 annualized dividend and a dividend yield of 5.6%. BXP's dividend payout ratio (DPR) is presently 13,066.67%.

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.