Zacks Research Issues Pessimistic Estimate for BXP Earnings

Boston Properties, Inc. (NYSE:BXP) – Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for Boston Properties in a note issued to investors on Wednesday, January 8th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings per share of $1.89 for the quarter, down from their previous forecast of $1.90. The consensus estimate for Boston Properties’ current full-year earnings is $7.10 per share.

Several other analysts have also issued reports on the stock. Barclays raised their price target on shares of Boston Properties from $88.00 to $89.00 and gave the stock an “equal weight” rating in a research report on Monday, November 18th. Evercore ISI lifted their target price on Boston Properties from $77.00 to $84.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Wedbush raised Boston Properties from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 8th. Piper Sandler raised Boston Properties from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $78.00 to $105.00 in a report on Wednesday, October 23rd. Finally, Compass Point upgraded Boston Properties from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $80.00 to $88.00 in a research report on Thursday, November 14th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Boston Properties has a consensus rating of “Hold” and an average target price of $82.00.

Boston Properties Stock Up 2.0 %

BXP opened at $69.48 on Monday. Boston Properties has a 1-year low of $56.46 and a 1-year high of $90.11. The business has a 50 day moving average of $77.92 and a 200-day moving average of $75.87. The stock has a market capitalization of $10.99 billion, a price-to-earnings ratio of 30.08, a P/E/G ratio of 0.55 and a beta of 1.18. The company has a current ratio of 5.51, a quick ratio of 5.51 and a debt-to-equity ratio of 2.01.

Boston Properties (NYSE:BXP) last posted its earnings results on Tuesday, October 29th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.81 by ($1.28). Boston Properties had a net margin of 10.75% and a return on equity of 4.40%. The firm had revenue of $859.23 million during the quarter, compared to analyst estimates of $829.91 million. During the same quarter in the previous year, the business posted $1.86 earnings per share. The business’s quarterly revenue was up 4.2% compared to the same quarter last year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. raised its position in shares of Boston Properties by 212.1% during the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 568 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 386 shares during the last quarter. Harvest Fund Management Co. Ltd increased its position in Boston Properties by 5,025.0% in the third quarter. Harvest Fund Management Co. Ltd now owns 615 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 603 shares during the period. Brooklyn Investment Group bought a new stake in Boston Properties during the 3rd quarter worth about $58,000. Northwestern Mutual Wealth Management Co. lifted its position in Boston Properties by 61.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,438 shares of the real estate investment trust’s stock valued at $89,000 after purchasing an additional 547 shares during the period. Finally, Centaurus Financial Inc. bought a new position in shares of Boston Properties in the 2nd quarter valued at about $116,000. Institutional investors and hedge funds own 98.72% of the company’s stock.

Boston Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Tuesday, December 31st will be issued a $0.98 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.92 dividend on an annualized basis and a dividend yield of 5.64%. Boston Properties’s dividend payout ratio is 169.70%.

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.