BXP (NYSE:BXP) Updates Q3 2026 Earnings Guidance

BXP (NYSE:BXP) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.800-1.820 for the period, compared to the consensus earnings per share estimate of 1.820. The company issued revenue guidance of -. BXP also updated its FY 2026 guidance to 6.990-7.050 EPS.

BXP Stock Performance

Shares of NYSE BXP traded up $3.90 during mid-day trading on Wednesday, hitting $73.86. The stock had a trading volume of 880,499 shares, compared to its average volume of 2,039,951. The company has a debt-to-equity ratio of 2.07, a quick ratio of 4.22 and a current ratio of 4.22. The company has a 50 day moving average of $65.41 and a two-hundred day moving average of $61.05. The firm has a market cap of $11.78 billion, a PE ratio of 37.02, a PEG ratio of 2.99 and a beta of 1.01. BXP has a twelve month low of $49.72 and a twelve month high of $79.33.

BXP (NYSE:BXP) last released its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. The firm had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. BXP had a return on equity of 4.13% and a net margin of 9.09%.The company’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.71 earnings per share. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. Research analysts predict that BXP will post 6.96 EPS for the current fiscal year.

BXP Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, June 30th. BXP’s dividend payout ratio is 140.70%.

Analyst Ratings Changes

A number of research analysts recently issued reports on BXP shares. Barclays boosted their target price on shares of BXP from $65.00 to $79.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. UBS Group reissued a “neutral” rating on shares of BXP in a report on Wednesday. Weiss Ratings raised BXP from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft set a $61.00 price target on BXP in a research report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. lowered their price objective on BXP from $82.00 to $79.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, BXP presently has a consensus rating of “Moderate Buy” and an average target price of $73.11.

Insider Activity

In other news, CFO Michael E. Labelle sold 26,113 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $66.35, for a total transaction of $1,732,597.55. Following the transaction, the chief financial officer owned 5,839 shares in the company, valued at $387,417.65. This trade represents a 81.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Peter V. Otteni sold 4,863 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $59.06, for a total transaction of $287,208.78. The disclosure for this sale is available in the SEC filing. Insiders have sold 33,176 shares of company stock worth $2,151,552 in the last quarter. Corporate insiders own 1.50% of the company’s stock.

Trending Headlines about BXP

Here are the key news stories impacting BXP this week:

• Positive Sentiment: Q2 results exceeded expectations. BXP reported $1.78 in diluted funds from operations (FFO) per share, above the $1.71 consensus and matching the year-ago result. Revenue rose 3.1% year over year to $895.7 million, surpassing the $858.1 million analyst estimate, while reported EPS of $0.43 also beat expectations of $0.40. BXP Q2 FFO and Revenues Surpass Estimates
• Positive Sentiment: Full-year guidance is above consensus. BXP set 2026 FFO guidance at $6.99-$7.05 per share versus the $6.95 analyst estimate. Leasing momentum, low near-term lease expirations and strong Boston occupancy were cited as factors supporting stable fundamentals. BXP Solid Q2
• Positive Sentiment: BXP secured a $1.2 billion construction loan for 343 Madison Avenue. The financing provides capital for the high-profile development and reduces near-term funding uncertainty around the project. BXP Secures $1.2 Billion Construction Loan
• Neutral Sentiment: Occupancy remains stable but has room to improve. In-service occupancy was 88.4%, while the leased rate was 91.3% across a 51.1-million-square-foot portfolio.
• Neutral Sentiment: Third-quarter guidance is broadly in line. BXP projected FFO of $1.80-$1.82 per share, compared with consensus of $1.82.
• Negative Sentiment: Leverage remains the key investor concern. BXP carries approximately $15.4 billion of debt and net debt-to-EBITDA of about 7.9 times, creating refinancing risk as debt matures. Reported net income also declined to $68.6 million from $101.6 million in the prior quarter. BXP Debt Concerns

Institutional Investors Weigh In On BXP

Several institutional investors have recently bought and sold shares of BXP. State of Wyoming raised its holdings in shares of BXP by 45.5% during the fourth quarter. State of Wyoming now owns 617 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 193 shares during the last quarter. Rexford Capital Inc. lifted its stake in shares of BXP by 11.9% in the fourth quarter. Rexford Capital Inc. now owns 1,876 shares of the real estate investment trust’s stock worth $127,000 after buying an additional 200 shares in the last quarter. Mackenzie Financial Corp grew its stake in BXP by 3.8% during the 4th quarter. Mackenzie Financial Corp now owns 5,869 shares of the real estate investment trust’s stock valued at $406,000 after acquiring an additional 217 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in BXP by 9.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,748 shares of the real estate investment trust’s stock valued at $190,000 after buying an additional 235 shares in the last quarter. Finally, Captrust Financial Advisors raised its holdings in shares of BXP by 2.9% during the 4th quarter. Captrust Financial Advisors now owns 8,286 shares of the real estate investment trust’s stock worth $559,000 after acquiring an additional 235 shares during the period. 98.72% of the stock is currently owned by institutional investors and hedge funds.

BXP Company Profile

Boston Properties, Inc (NYSE: BXP) is a publicly traded real estate investment trust (REIT) specializing in the ownership, management, and development of Class A office properties across major U.S. markets. Headquartered in Boston, Massachusetts, the company’s portfolio comprises high-quality office buildings, mixed-use developments and select retail assets designed to serve leading corporations in key metropolitan areas.

Established in 1970 by Mortimer B. Zuckerman, Boston Properties has grown through disciplined acquisitions and strategic ground-up developments.