Zacks Research Issues Pessimistic Estimate for BXP Earnings

Boston Properties, Inc. (NYSE:BXP - Free Report) - Zacks Research lowered their Q3 2026 earnings per share (EPS) estimates for Boston Properties in a research note issued on Wednesday, January 8th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will earn $1.89 per share for the quarter, down from their prior forecast of $1.90. The consensus estimate for Boston Properties' current full-year earnings is $7.10 per share.

Other equities analysts also recently issued reports about the company. Barclays upped their price target on Boston Properties from $88.00 to $89.00 and gave the stock an "equal weight" rating in a research report on Monday, November 18th. Compass Point raised Boston Properties from a "neutral" rating to a "buy" rating and upped their target price for the company from $80.00 to $88.00 in a research report on Thursday, November 14th. Mizuho cut their target price on Boston Properties from $92.00 to $86.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Piper Sandler raised Boston Properties from a "neutral" rating to an "overweight" rating and upped their target price for the company from $78.00 to $105.00 in a research report on Wednesday, October 23rd. Finally, 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. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Boston Properties presently has a consensus rating of "Hold" and an average target price of $82.00.

Boston Properties Stock Down 0.4 %

Shares of BXP stock traded down $0.28 during trading hours on Monday, reaching $67.87. 334,052 shares of the company's stock were exchanged, compared to its average volume of 1,107,426. The stock's 50 day moving average is $78.14 and its 200-day moving average is $75.82. The company has a market cap of $10.73 billion, a price-to-earnings ratio of 29.38, a P/E/G ratio of 0.55 and a beta of 1.18. The company has a current ratio of 5.51, a quick ratio of 5.51 and a debt-to-equity ratio of 2.01. Boston Properties has a fifty-two week low of $56.46 and a fifty-two week high of $90.11.

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. increased its holdings in 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 buying an additional 386 shares in the last quarter. Harvest Fund Management Co. Ltd increased its holdings in Boston Properties by 5,025.0% in the third quarter. Harvest Fund Management Co. Ltd now owns 615 shares of the real estate investment trust's stock valued at $49,000 after buying an additional 603 shares in the last quarter. Brooklyn Investment Group purchased a new position in Boston Properties in the third quarter valued at about $58,000. Northwestern Mutual Wealth Management Co. increased its holdings in 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 valued at $89,000 after buying an additional 547 shares in the last quarter. Finally, Centaurus Financial Inc. purchased a new position in Boston Properties in the second quarter valued at about $116,000. 98.72% of the stock is owned by hedge funds and other institutional investors.

Boston Properties Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.92 annualized dividend and a yield of 5.78%. Boston Properties's dividend payout ratio 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.