Zacks Research Has Negative Outlook for BXP Q3 Earnings

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

Several other equities research analysts have also recently commented on BXP. Scotiabank reaffirmed a “sector perform” rating and issued a $85.00 price target on shares of Boston Properties in a report on Thursday, November 7th. Truist Financial lifted their price target on Boston Properties from $77.00 to $83.00 and gave the stock a “hold” rating in a report on Wednesday, December 4th. UBS Group upped their price objective on shares of Boston Properties from $64.00 to $80.00 and gave the company a “neutral” rating in a report on Tuesday, November 5th. Piper Sandler upgraded shares of Boston Properties from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $78.00 to $105.00 in a report on Wednesday, October 23rd. Finally, Wedbush upgraded shares of Boston Properties from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $82.00.

Boston Properties Trading Up 1.3 %

BXP opened at $70.22 on Monday. The firm has a market capitalization of $11.10 billion, a price-to-earnings ratio of 30.40, a price-to-earnings-growth ratio of 0.55 and a beta of 1.18. The company’s 50 day simple moving average is $77.70 and its two-hundred day simple moving average is $75.94. Boston Properties has a 1-year low of $56.46 and a 1-year high of $90.11. The company has a debt-to-equity ratio of 2.01, a current ratio of 5.51 and a quick ratio of 5.51.

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

Boston Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date of this dividend is Tuesday, December 31st. Boston Properties’s dividend payout ratio (DPR) is 169.70%.

Institutional Trading of Boston Properties

Institutional investors and hedge funds have recently bought and sold shares of the business. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of Boston Properties by 212.1% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 568 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 386 shares during the period. Harvest Fund Management Co. Ltd lifted its holdings in Boston Properties by 5,025.0% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 615 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 603 shares in the last quarter. Brooklyn Investment Group purchased a new position in Boston Properties in the 3rd quarter valued at approximately $58,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Boston Properties by 61.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,438 shares of the real estate investment trust’s stock worth $89,000 after acquiring an additional 547 shares in the last quarter. Finally, Centaurus Financial Inc. purchased a new stake in shares of Boston Properties during the second quarter worth $116,000. 98.72% of the stock is currently owned by hedge funds and other institutional investors.

About Boston Properties

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.