BXP, Inc. (NYSE:BXP) Stock Has Average Price Target of $75.06

BXP, Inc. (NYSE:BXP) has earned an average rating of “Moderate Buy” from the eighteen brokerages that are covering the company, MarketBeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $73.00.

BXP has been the subject of a number of recent research reports. UBS Group increased their price objective on shares of BXP from $61.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, August 25th. LADENBURG THALM/SH SH raised their target price on BXP from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Wall Street Zen raised shares of BXP from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Scotiabank cut their price target on shares of BXP from $76.00 to $73.00 and set an “outperform” rating for the company in a report on Thursday, September 17th. Finally, Mizuho increased 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.

BXP Trading Down 3.9%

BXP stock opened at $57.65 on Friday. The firm has a market cap of $9.20 billion, a P/E ratio of 8.73, a PEG ratio of 2.54 and a beta of 1.03. BXP has a 52-week low of $49.72 and a 52-week high of $74.96. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 2.07. The company’s 50-day simple moving average is $64.95 and its 200-day simple moving average is $63.15.

BXP (NYSE:BXP) last released its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. BXP had a net margin of 8.44% and a return on equity of 3.88%. The firm had revenue of $895.70 million for the quarter, compared to analysts’ expectations of $858.07 million. During the same quarter last year, the company earned $1.71 EPS. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. As a group, equities analysts forecast that BXP will post 7.02 EPS for the current fiscal year.

BXP Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Wednesday, September 30th. BXP’s dividend payout ratio (DPR) is currently 150.54%.

Institutional Investors Weigh In On BXP

A number of hedge funds have recently added to or reduced their stakes in the business. Silvant Capital Management LLC acquired a new stake in shares of BXP during the 2nd quarter worth approximately $41,000. Eastern Bank boosted its holdings in shares of BXP by 108.7% in the second quarter. Eastern Bank now owns 651 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 339 shares in the last quarter. Trust Co. of Vermont acquired a new position in shares of BXP during the second quarter valued at approximately $51,000. Rosenberg Matthew Hamilton acquired a new stake in BXP in the third quarter worth approximately $61,000. Finally, Contravisory Investment Management Inc. acquired a new position in shares of BXP during the 3rd quarter valued at $63,000. 98.72% of the stock is currently owned by institutional investors and hedge funds.

About BXP

BXP, Inc (NYSE:BXP), formerly known as Boston Properties, is a real estate investment trust that owns, develops, acquires and manages primarily office properties. The company focuses on high-quality commercial real estate in major U.S. business markets and serves corporate tenants across a range of industries.

The company’s portfolio includes office buildings, mixed-use developments and life science properties, as well as select residential assets. BXP also provides property management, leasing and development services associated with its real estate holdings.