BXP (NYSE:BXP) Share Price Breaks Above 200 Day Moving Average – Should You Sell?

BXP, Inc. (NYSE:BXP) shares crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $62.42 and traded as high as $63.59. BXP shares last traded at $63.3980, with a volume of 1,022,087 shares trading hands.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on BXP shares. JPMorgan Chase & Co. increased their price objective on shares of BXP from $79.00 to $87.00 and gave the stock an “overweight” rating in a report on Tuesday, August 25th. Citigroup upped their target price on shares of BXP from $58.00 to $69.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Piper Sandler dropped their price target on shares of BXP from $90.00 to $88.00 and set an “overweight” rating on the stock in a research note on Thursday, August 27th. LADENBURG THALM/SH SH raised their price target on shares of BXP from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Finally, Barclays lifted their price target on BXP from $65.00 to $79.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Eleven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $75.06.

BXP Trading Up 1.8%

The business has a 50 day simple moving average of $67.46 and a 200-day simple moving average of $62.42. 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 stock has a market capitalization of $10.12 billion, a P/E ratio of 34.09, a price-to-earnings-growth ratio of 2.37 and a beta of 1.01.

BXP (NYSE:BXP) last issued its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (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 for the quarter, compared to analysts’ expectations of $858.07 million. During the same period last year, the firm earned $1.71 EPS. The firm’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, Inc. will post 7.02 EPS for the current year.

BXP Dividend Announcement

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

Institutional Investors Weigh In On BXP

A number of institutional investors and hedge funds have recently bought and sold shares of BXP. Rehmann Capital Advisory Group raised its holdings in shares of BXP by 4.3% in the 2nd quarter. Rehmann Capital Advisory Group now owns 4,280 shares of the real estate investment trust’s stock worth $284,000 after purchasing an additional 175 shares in the last quarter. Minot DeBlois Advisors LLC boosted its holdings in BXP by 2.5% during the fourth quarter. Minot DeBlois Advisors LLC now owns 7,902 shares of the real estate investment trust’s stock worth $533,000 after buying an additional 196 shares in the last quarter. Arizona State Retirement System grew its position in BXP by 0.6% in the second quarter. Arizona State Retirement System now owns 41,582 shares of the real estate investment trust’s stock worth $2,757,000 after buying an additional 238 shares during the last quarter. OMERS ADMINISTRATION Corp grew its position in BXP by 4.6% in the first quarter. OMERS ADMINISTRATION Corp now owns 5,641 shares of the real estate investment trust’s stock worth $293,000 after buying an additional 246 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of BXP by 3.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 8,253 shares of the real estate investment trust’s stock valued at $557,000 after buying an additional 248 shares in the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

BXP Company Profile

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.