Zacks Research Issues Pessimistic Outlook for BXP Earnings

Boston Properties, Inc. (NYSE:BXP) – Investment analysts at Zacks Research reduced their Q3 2026 EPS estimates for Boston Properties in a research report issued to clients and investors on Wednesday, January 8th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will earn $1.89 per share 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.

Boston Properties (NYSE:BXP) last announced 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). Boston Properties had a net margin of 10.75% and a return on equity of 4.40%. The company had revenue of $859.23 million for the quarter, compared to analyst estimates of $829.91 million. During the same quarter last year, the company posted $1.86 EPS. Boston Properties’s quarterly revenue was up 4.2% compared to the same quarter last year.

Several other equities analysts also recently issued reports on BXP. Scotiabank reissued a “sector perform” rating and set a $85.00 price objective on shares of Boston Properties in a research note on Thursday, November 7th. Jefferies Financial Group lowered their price objective on Boston Properties from $93.00 to $84.00 and set a “buy” rating for the company in a research report on Thursday, January 2nd. Truist Financial increased their target price on Boston Properties from $77.00 to $83.00 and gave the stock a “hold” rating in a research report on Wednesday, December 4th. Mizuho dropped their price objective on shares of Boston Properties from $92.00 to $86.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Finally, Piper Sandler raised shares of Boston Properties from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $78.00 to $105.00 in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $82.00.

Boston Properties Trading Down 2.5 %

Shares of BXP stock opened at $68.18 on Monday. Boston Properties has a twelve month low of $56.46 and a twelve month high of $90.11. The company has a market capitalization of $10.78 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 0.55 and a beta of 1.18. The firm has a 50-day moving average price of $78.14 and a 200 day moving average price of $75.82. The company has a current ratio of 5.51, a quick ratio of 5.51 and a debt-to-equity ratio of 2.01.

Hedge Funds Weigh In On Boston Properties

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. raised its stake 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 valued at $35,000 after purchasing an additional 386 shares during the period. Harvest Fund Management Co. Ltd increased its stake 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 during the period. Brooklyn Investment Group acquired a new position in Boston Properties in the 3rd quarter worth $58,000. Northwestern Mutual Wealth Management Co. boosted its position in Boston Properties by 61.4% in 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 buying an additional 547 shares during the last quarter. Finally, Centaurus Financial Inc. acquired a new stake in shares of Boston Properties during the second quarter valued at about $116,000. 98.72% of the stock is owned by institutional investors and hedge funds.

Boston Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Stockholders of record on Tuesday, December 31st will be paid 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 5.75%. Boston Properties’s dividend payout ratio (DPR) is currently 169.70%.

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.