Zacks Research Expects Weaker Earnings for Boston Properties

Boston Properties, Inc. (NYSE:BXP - Free Report) - Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for shares of Boston Properties in a report issued on Tuesday, February 18th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings of $1.65 per share for the quarter, down from their prior estimate of $1.72. The consensus estimate for Boston Properties' current full-year earnings is $6.91 per share. Zacks Research also issued estimates for Boston Properties' Q2 2025 earnings at $1.70 EPS, Q3 2025 earnings at $1.76 EPS, Q4 2025 earnings at $1.78 EPS, FY2025 earnings at $6.90 EPS, Q1 2026 earnings at $1.80 EPS, Q3 2026 earnings at $1.81 EPS and FY2027 earnings at $7.35 EPS.

BXP has been the subject of several other research reports. Wells Fargo & Company decreased their target price on Boston Properties from $88.00 to $80.00 and set an "overweight" rating for the company in a research note on Monday, February 10th. UBS Group raised their target price on Boston Properties from $64.00 to $80.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 5th. Truist Financial raised their target price on Boston Properties from $77.00 to $83.00 and gave the stock a "hold" rating in a research note on Wednesday, December 4th. Scotiabank reiterated a "sector perform" rating and issued a $85.00 price target on shares of Boston Properties in a report on Thursday, November 7th. Finally, 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 report on Thursday, January 2nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Boston Properties presently has a consensus rating of "Hold" and a consensus price target of $82.23.

Boston Properties Trading Down 1.0 %

NYSE BXP traded down $0.69 during trading hours on Thursday, hitting $68.88. 1,205,149 shares of the company's stock were exchanged, compared to its average volume of 1,227,440. The stock has a 50-day simple moving average of $72.96 and a 200 day simple moving average of $76.88. Boston Properties has a 1-year low of $56.46 and a 1-year high of $90.11. The firm has a market cap of $10.89 billion, a price-to-earnings ratio of 688.88, a PEG ratio of 0.92 and a beta of 1.18. The company has a current ratio of 5.69, a quick ratio of 5.51 and a debt-to-equity ratio of 2.09.

Boston Properties (NYSE:BXP - Get Free Report) last released 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%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Deutsche Bank AG lifted its holdings in Boston Properties by 30.6% during the fourth quarter. Deutsche Bank AG now owns 949,603 shares of the real estate investment trust's stock worth $70,612,000 after acquiring an additional 222,284 shares during the period. Whittier Trust Co. lifted its holdings in Boston Properties by 3.5% during the fourth quarter. Whittier Trust Co. now owns 306,783 shares of the real estate investment trust's stock worth $22,812,000 after acquiring an additional 10,429 shares during the period. Cbre Investment Management Listed Real Assets LLC lifted its holdings in Boston Properties by 12.5% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 170,504 shares of the real estate investment trust's stock worth $12,679,000 after acquiring an additional 18,900 shares during the period. Wealthfront Advisers LLC lifted its holdings in Boston Properties by 198.9% during the fourth quarter. Wealthfront Advisers LLC now owns 149,156 shares of the real estate investment trust's stock worth $11,091,000 after acquiring an additional 99,248 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in Boston Properties by 7.7% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 144,123 shares of the real estate investment trust's stock worth $10,717,000 after acquiring an additional 10,252 shares during the period. Institutional investors own 98.72% of the company's stock.

Insider Activity

In other news, EVP Hilary J. Spann sold 12,379 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $72.02, for a total value of $891,535.58. Following the transaction, the executive vice president now owns 7,271 shares in the company, valued at $523,657.42. This trade represents a 63.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.35% of the company's stock.

Boston Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Stockholders of record on Tuesday, December 31st were issued 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 dividend yield of 5.69%. Boston Properties's dividend payout ratio is presently 3,920.39%.

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.