Zacks Research Expects Lower Earnings for Boston Properties

Boston Properties, Inc. (NYSE:BXP - Free Report) - Equities research analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for Boston Properties in a research note issued to investors on Tuesday, May 20th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings of $1.67 per share for the quarter, down from their prior forecast of $1.70. The consensus estimate for Boston Properties' current full-year earnings is $6.91 per share. Zacks Research also issued estimates for Boston Properties' Q3 2025 earnings at $1.75 EPS, FY2025 earnings at $6.85 EPS, Q2 2026 earnings at $1.77 EPS, Q3 2026 earnings at $1.77 EPS, Q4 2026 earnings at $1.79 EPS, FY2026 earnings at $7.03 EPS, Q1 2027 earnings at $1.80 EPS and FY2027 earnings at $7.28 EPS.

Boston Properties (NYSE:BXP - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The real estate investment trust reported $1.64 earnings per share for the quarter, missing the consensus estimate of $1.65 by ($0.01). The business had revenue of $865.22 million for the quarter, compared to the consensus estimate of $833.89 million. Boston Properties had a net margin of 0.38% and a return on equity of 3.90%. The business's revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the business posted $1.73 EPS.

A number of other equities analysts have also weighed in on the company. UBS Group decreased their price target on Boston Properties from $80.00 to $68.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. Wedbush downgraded shares of Boston Properties from a "hold" rating to a "strong sell" rating in a research report on Thursday, January 30th. Piper Sandler cut their price target on shares of Boston Properties from $100.00 to $85.00 and set an "overweight" rating on the stock in a report on Tuesday, April 15th. Scotiabank decreased their price objective on shares of Boston Properties from $85.00 to $83.00 and set a "sector perform" rating for the company in a research note on Friday, February 28th. Finally, Barclays lowered their price objective on shares of Boston Properties from $89.00 to $79.00 and set an "equal weight" rating on the stock in a research report on Friday, March 14th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $78.67.

Boston Properties Stock Down 3.8%

Shares of Boston Properties stock opened at $65.03 on Thursday. The stock's fifty day moving average is $64.92 and its 200-day moving average is $71.20. The firm has a market capitalization of $10.30 billion, a PE ratio of 650.32, a price-to-earnings-growth ratio of 0.91 and a beta of 1.12. The company has a quick ratio of 5.51, a current ratio of 5.69 and a debt-to-equity ratio of 2.09. Boston Properties has a 12-month low of $54.22 and a 12-month high of $90.11.

Boston Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were issued a dividend of $0.98 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $3.92 annualized dividend and a dividend yield of 6.03%. Boston Properties's dividend payout ratio is -19,600.00%.

Insider Activity at Boston Properties

In related news, EVP Donna D. Garesche sold 2,143 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $67.87, for a total value of $145,445.41. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.49% of the company's stock.

Institutional Trading of Boston Properties

Several large investors have recently added to or reduced their stakes in BXP. Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of Boston Properties by 12.5% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 170,504 shares of the real estate investment trust's stock valued at $12,679,000 after purchasing an additional 18,900 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Boston Properties during the fourth quarter worth $8,994,000. Cibc World Markets Corp raised its holdings in Boston Properties by 12.2% during the fourth quarter. Cibc World Markets Corp now owns 65,481 shares of the real estate investment trust's stock valued at $4,869,000 after buying an additional 7,100 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of Boston Properties by 198.9% in the fourth quarter. Wealthfront Advisers LLC now owns 149,156 shares of the real estate investment trust's stock worth $11,091,000 after buying an additional 99,248 shares during the last quarter. Finally, Whittier Trust Co. lifted its position in shares of Boston Properties by 3.5% in the fourth quarter. Whittier Trust Co. now owns 306,783 shares of the real estate investment trust's stock worth $22,812,000 after buying an additional 10,429 shares during the last quarter. 98.72% of the stock is owned by institutional investors.

Boston Properties 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.

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