Brokerages Set BXP, Inc. (NYSE:BXP) PT at $75.28

Shares of BXP, Inc. (NYSE:BXPGet Free Report) have received an average rating of “Moderate Buy” from the nineteen brokerages that are presently covering the firm, MarketBeat.com reports. Eight analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $75.1111.

A number of brokerages recently commented on BXP. Mizuho lifted their price objective on BXP from $62.00 to $68.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BXP in a research report on Wednesday, August 12th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $68.00 target price on shares of BXP in a research note on Tuesday, June 2nd. Wall Street Zen upgraded shares of BXP from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Finally, Piper Sandler dropped their price target on shares of BXP from $90.00 to $88.00 and set an “overweight” rating for the company in a research note on Thursday, August 27th.

Check Out Our Latest Analysis on BXP

Institutional Trading of BXP

Several institutional investors and hedge funds have recently made changes to their positions in BXP. BlackRock Inc. bought a new stake in BXP in the second quarter valued at approximately $1,192,349,000. Cohen & Steers Inc. raised its holdings in BXP by 41.4% in the fourth quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust’s stock worth $1,038,176,000 after purchasing an additional 4,503,738 shares during the period. Norges Bank bought a new position in shares of BXP during the fourth quarter worth $689,419,000. Geode Capital Management LLC boosted its position in shares of BXP by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 4,270,027 shares of the real estate investment trust’s stock worth $287,121,000 after purchasing an additional 55,621 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in shares of BXP by 52.4% in the 4th quarter. Daiwa Securities Group Inc. now owns 3,065,995 shares of the real estate investment trust’s stock valued at $206,893,000 after buying an additional 1,053,938 shares during the period. Institutional investors own 98.72% of the company’s stock.

BXP Stock Down 0.2%

Shares of BXP opened at $63.89 on Tuesday. The firm has a market capitalization of $10.20 billion, a price-to-earnings ratio of 34.35, a PEG ratio of 2.39 and a beta of 1.01. 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 business’s fifty day moving average price is $68.08 and its two-hundred day moving average price is $62.13. BXP has a 52 week low of $49.72 and a 52 week high of $78.23.

BXP (NYSE:BXPGet Free Report) last released its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, beating the consensus estimate 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 business’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. On average, analysts predict that BXP will post 7.02 earnings per share for the current year.

BXP Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, September 30th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.80 dividend on an annualized basis and a yield of 4.4%. BXP’s dividend payout ratio (DPR) is presently 150.54%.

BXP Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for BXP (NYSE:BXP)

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