Wedbush Cuts Earnings Estimates for Boston Properties

Boston Properties, Inc. (NYSE:BXP - Free Report) - Analysts at Wedbush cut their FY2025 earnings per share (EPS) estimates for Boston Properties in a research note issued on Thursday, January 30th. Wedbush analyst R. Anderson now forecasts that the real estate investment trust will earn $6.87 per share for the year, down from their previous forecast of $7.15. Wedbush currently has a "Strong Sell" rating on the stock. The consensus estimate for Boston Properties' current full-year earnings is $6.89 per share. Wedbush also issued estimates for Boston Properties' Q1 2026 earnings at $1.70 EPS, Q2 2026 earnings at $1.72 EPS, Q3 2026 earnings at $1.87 EPS, Q4 2026 earnings at $1.90 EPS and FY2026 earnings at $7.18 EPS.

Boston Properties (NYSE:BXP - Get Free Report) last issued its earnings results on Tuesday, January 28th. The real estate investment trust reported $1.79 EPS for the quarter, topping the consensus estimate of $0.51 by $1.28. Boston Properties had a return on equity of 3.90% and a net margin of 0.38%.

Several other analysts also recently weighed in on BXP. Compass Point raised shares of Boston Properties from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $80.00 to $88.00 in a research note on Thursday, November 14th. Scotiabank reissued a "sector perform" rating and issued a $85.00 target price on shares of Boston Properties in a research report on Thursday, November 7th. UBS Group boosted their target price 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. Jefferies Financial Group cut their price target on Boston Properties from $93.00 to $84.00 and set a "buy" rating on the stock in a research note on Thursday, January 2nd. Finally, Piper Sandler cut their price objective on shares of Boston Properties from $105.00 to $100.00 and set an "overweight" rating on the stock in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $82.23.

Boston Properties Price Performance

Boston Properties stock traded down $0.60 during mid-day trading on Monday, hitting $72.38. 1,316,728 shares of the company traded hands, compared to its average volume of 1,312,734. Boston Properties has a one year low of $56.46 and a one year high of $90.11. The company has a debt-to-equity ratio of 2.09, a quick ratio of 5.51 and a current ratio of 5.69. The stock has a market cap of $11.44 billion, a price-to-earnings ratio of 723.83, a price-to-earnings-growth ratio of 0.52 and a beta of 1.18. The stock has a fifty day moving average price of $75.11 and a 200-day moving average price of $76.80.

Boston Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Investors of record on Tuesday, December 31st were paid a $0.98 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $3.92 dividend on an annualized basis and a yield of 5.42%. Boston Properties's dividend payout ratio (DPR) is 3,920.39%.

Insider Buying and Selling

In related news, EVP Hilary J. Spann sold 12,379 shares of Boston Properties stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $72.02, for a total value of $891,535.58. Following the sale, the executive vice president now owns 7,271 shares of the company's stock, valued at approximately $523,657.42. This trade represents a 63.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.35% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BXP. Toronto Dominion Bank grew its holdings in shares of Boston Properties by 15.7% in the third quarter. Toronto Dominion Bank now owns 49,293 shares of the real estate investment trust's stock valued at $3,966,000 after purchasing an additional 6,687 shares during the period. Sun Life Financial Inc. purchased a new position in shares of Boston Properties during the third quarter worth $9,674,000. Raymond James & Associates grew its stake in shares of Boston Properties by 11.9% in the third quarter. Raymond James & Associates now owns 110,587 shares of the real estate investment trust's stock valued at $8,898,000 after buying an additional 11,752 shares in the last quarter. Whittier Trust Co. raised its holdings in shares of Boston Properties by 4.2% in the 3rd quarter. Whittier Trust Co. now owns 296,354 shares of the real estate investment trust's stock valued at $23,844,000 after buying an additional 12,018 shares during the period. Finally, AQR Capital Management LLC lifted its stake in Boston Properties by 44.9% during the 2nd quarter. AQR Capital Management LLC now owns 58,217 shares of the real estate investment trust's stock worth $3,526,000 after acquiring an additional 18,034 shares in the last quarter. Hedge funds and other institutional investors own 98.72% of the company's stock.

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.