Zacks Research Issues Negative Forecast for BXP Earnings

Boston Properties, Inc. (NYSE:BXP) – Equities research analysts at Zacks Research dropped their Q3 2026 EPS estimates for Boston Properties in a report issued on Wednesday, January 8th. Zacks Research analyst R. Department now expects 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.

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

Several other analysts also recently weighed in on the stock. Mizuho dropped their target price on shares of Boston Properties from $92.00 to $86.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. UBS Group upped their target price on Boston Properties from $64.00 to $80.00 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Wedbush raised Boston Properties from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 8th. Compass Point raised Boston Properties from a “neutral” rating to a “buy” rating and increased their price objective for the company from $80.00 to $88.00 in a report on Thursday, November 14th. Finally, Piper Sandler raised Boston Properties from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $78.00 to $105.00 in a report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Boston Properties currently has a consensus rating of “Hold” and an average target price of $82.00.

Boston Properties Stock Performance

BXP opened at $70.22 on Monday. The company has a market cap of $11.10 billion, a P/E ratio of 30.40, a price-to-earnings-growth ratio of 0.55 and a beta of 1.18. The company has a quick ratio of 5.51, a current ratio of 5.51 and a debt-to-equity ratio of 2.01. The firm’s 50-day moving average price is $77.70 and its 200-day moving average price is $75.94. Boston Properties has a 52-week low of $56.46 and a 52-week high of $90.11.

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 given 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 5.58%. Boston Properties’s dividend payout ratio is presently 169.70%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. increased its stake in shares of Boston Properties by 212.1% in the 2nd 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 in the last quarter. Harvest Fund Management Co. Ltd raised its stake in shares of 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 purchased a new position in shares of Boston Properties during the 3rd quarter valued at approximately $58,000. Northwestern Mutual Wealth Management Co. grew its stake 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 acquiring an additional 547 shares during the period. Finally, Centaurus Financial Inc. purchased a new stake in Boston Properties in the 2nd quarter worth $116,000. Institutional investors and hedge funds 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.