Zacks Research Issues Negative Forecast for BXP Earnings

Boston Properties, Inc. (NYSE:BXP - Free Report) - Analysts at Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for Boston Properties in a report issued on Tuesday, May 20th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings of $1.71 per share for the quarter, down from their previous estimate of $1.80. The consensus estimate for Boston Properties' current full-year earnings is $6.91 per share.

Several other brokerages have also issued reports on BXP. UBS Group cut their price objective on Boston Properties from $80.00 to $68.00 and set a "neutral" rating for the company in a report on Monday, May 5th. Jefferies Financial Group assumed coverage on Boston Properties in a report on Monday, March 17th. They issued a "buy" rating and a $78.00 price objective on the stock. Wedbush cut shares of Boston Properties from a "hold" rating to a "strong sell" rating in a research note on Thursday, January 30th. Barclays decreased their target price on shares of Boston Properties from $89.00 to $79.00 and set an "equal weight" rating for the company in a research report on Friday, March 14th. Finally, Wells Fargo & Company cut their price target on shares of Boston Properties from $80.00 to $78.00 and set an "overweight" rating on the stock in a report on Monday, May 19th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Boston Properties presently has a consensus rating of "Hold" and an average target price of $77.67.

Boston Properties Stock Up 0.6%

Boston Properties stock traded up $0.43 during trading hours on Friday, hitting $67.52. The company had a trading volume of 424,030 shares, compared to its average volume of 1,280,395. Boston Properties has a fifty-two week low of $54.22 and a fifty-two week high of $90.11. The company has a debt-to-equity ratio of 2.09, a current ratio of 5.69 and a quick ratio of 5.51. The firm has a market capitalization of $10.69 billion, a P/E ratio of 675.12, a price-to-earnings-growth ratio of 0.91 and a beta of 1.12. The firm's fifty day moving average is $64.66 and its 200-day moving average is $70.67.

Boston Properties (NYSE:BXP - Get Free Report) last released its earnings results 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 analysts' expectations of $833.89 million. Boston Properties had a net margin of 0.38% and a return on equity of 3.90%. The company's revenue was up 3.1% compared to the same quarter last year. During the same period last year, the firm earned $1.73 EPS.

Boston Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 31st were paid 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 yield of 5.81%. Boston Properties's payout ratio is -19,600.00%.

Insider Buying and Selling at Boston Properties

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

Institutional Trading of Boston Properties

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Deutsche Bank AG lifted its stake in shares of Boston Properties by 30.6% in the fourth quarter. Deutsche Bank AG now owns 949,603 shares of the real estate investment trust's stock valued at $70,612,000 after buying an additional 222,284 shares during the period. Nuveen LLC bought a new stake in shares of Boston Properties in the 1st quarter worth approximately $14,737,000. Raymond James Financial Inc. acquired a new stake in Boston Properties during the fourth quarter worth $8,994,000. Wealthfront Advisers LLC increased its holdings in Boston Properties by 198.9% in the 4th quarter. Wealthfront Advisers LLC now owns 149,156 shares of the real estate investment trust's stock valued at $11,091,000 after buying an additional 99,248 shares during the period. Finally, Tredje AP fonden increased its holdings in Boston Properties by 801.4% in the 1st quarter. Tredje AP fonden now owns 107,921 shares of the real estate investment trust's stock valued at $7,251,000 after buying an additional 95,948 shares during the period. 98.72% of the stock is currently owned by institutional investors and hedge funds.

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.