Q1 EPS Estimate for Boston Properties Reduced by Analyst

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

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

Several other equities analysts have also recently issued reports on the stock. Wedbush downgraded shares of Boston Properties from a "hold" rating to a "strong sell" rating in a report on Thursday, January 30th. Wells Fargo & Company reduced their price objective on shares of Boston Properties from $80.00 to $78.00 and set an "overweight" rating for the company in a research note on Monday, May 19th. 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 research report on Monday, May 5th. Piper Sandler cut their price target on Boston Properties from $100.00 to $85.00 and set an "overweight" rating for the company in a report on Tuesday, April 15th. Finally, Jefferies Financial Group initiated coverage on Boston Properties in a report on Monday, March 17th. They issued a "buy" rating and a $78.00 target price for the company. Two equities 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 stock. According to MarketBeat.com, Boston Properties has an average rating of "Hold" and an average price target of $77.67.

Boston Properties Price Performance

Shares of BXP stock traded up $2.58 during midday trading on Friday, reaching $67.19. 1,619,271 shares of the company were exchanged, compared to its average volume of 1,283,703. Boston Properties has a 12 month low of $54.22 and a 12 month high of $90.11. The company has a debt-to-equity ratio of 2.09, a quick ratio of 5.51 and a current ratio of 5.69. The company's 50 day moving average price is $64.69 and its two-hundred day moving average price is $70.70. The company has a market cap of $10.64 billion, a P/E ratio of 671.94, a PEG ratio of 0.91 and a beta of 1.12.

Hedge Funds Weigh In On Boston Properties

Large investors have recently bought and sold shares of the company. Canada Post Corp Registered Pension Plan acquired a new stake in Boston Properties in the fourth quarter valued at $32,000. Sentry Investment Management LLC acquired a new stake in shares of Boston Properties during the 1st quarter worth approximately $34,000. Huntington National Bank raised its stake in Boston Properties by 29.8% during the fourth quarter. Huntington National Bank now owns 1,145 shares of the real estate investment trust's stock worth $85,000 after acquiring an additional 263 shares in the last quarter. Hurley Capital LLC acquired a new position in shares of Boston Properties during the fourth quarter worth $94,000. Finally, Brooklyn Investment Group increased its stake in shares of Boston Properties by 124.6% in the first quarter. Brooklyn Investment Group now owns 1,927 shares of the real estate investment trust's stock valued at $129,000 after buying an additional 1,069 shares during the period. Institutional investors and hedge funds own 98.72% of the company's stock.

Insider Activity 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 value of $145,445.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.49% of the stock is currently owned by corporate insiders.

Boston Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 5.83%. The ex-dividend date was Monday, March 31st. Boston Properties's dividend payout ratio (DPR) is currently -19,600.00%.

About Boston Properties

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.