Boston Properties (NYSE:BXP) Announces Quarterly Earnings Results

Boston Properties (NYSE:BXP - Get Free Report) announced its quarterly earnings data on Tuesday. The real estate investment trust reported $1.79 EPS for the quarter, beating the consensus estimate of $0.51 by $1.28, Zacks reports. Boston Properties had a net margin of 0.38% and a return on equity of 3.86%. Boston Properties updated its FY 2025 guidance to 6.770-6.950 EPS and its Q1 2025 guidance to 1.630-1.650 EPS.

Boston Properties Trading Up 0.7 %

Boston Properties stock traded up $0.49 during trading on Friday, reaching $72.89. The company had a trading volume of 650,476 shares, compared to its average volume of 1,307,014. The firm has a market capitalization of $11.52 billion, a price-to-earnings ratio of 729.19, a PEG ratio of 0.49 and a beta of 1.18. The stock's 50 day moving average price is $75.88 and its two-hundred day moving average price is $76.62. Boston Properties has a 12-month low of $56.46 and a 12-month high of $90.11. The company has a debt-to-equity ratio of 2.01, a quick ratio of 5.51 and a current ratio of 5.51.

Boston Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 30th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.98 per share. The ex-dividend date was Tuesday, December 31st. This represents a $3.92 annualized dividend and a dividend yield of 5.38%. Boston Properties's payout ratio is currently 3,920.39%.

Wall Street Analysts Forecast Growth

BXP has been the topic of a number of research analyst reports. Truist Financial boosted 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. Barclays raised their target price on shares of Boston Properties from $88.00 to $89.00 and gave the company an "equal weight" rating in a report on Monday, November 18th. Jefferies Financial Group lowered their price target on shares of Boston Properties from $93.00 to $84.00 and set a "buy" rating on the stock in a research report on Thursday, January 2nd. Wedbush raised shares of Boston Properties from a "strong sell" rating to a "hold" rating in a research note on Wednesday, January 8th. Finally, Compass Point upgraded Boston Properties from a "neutral" rating to a "buy" rating and increased their target price for the company from $80.00 to $88.00 in a report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $82.23.

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.