Evercore ISI Has Lowered Expectations for BXP (NYSE:BXP) Stock Price

BXP (NYSE:BXP) had its target price decreased by stock analysts at Evercore ISI from $76.00 to $73.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “in-line” rating on the real estate investment trust’s stock. Evercore ISI’s price objective points to a potential upside of 13.85% from the company’s current price.

A number of other brokerages also recently commented on BXP. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $70.00 target price on shares of BXP in a research note on Tuesday, January 6th. Royal Bank Of Canada raised shares of BXP to an “outperform” rating in a research report on Thursday, December 4th. Barclays lowered their price objective on BXP from $82.00 to $81.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Mizuho decreased their price target on BXP from $82.00 to $79.00 and set an “outperform” rating on the stock in a research note on Friday, December 12th. Finally, New Street Research set a $85.00 price target on BXP in a report on Monday, October 13th. Eleven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, BXP currently has a consensus rating of “Hold” and a consensus target price of $77.75.

BXP Price Performance

NYSE:BXP opened at $64.12 on Thursday. BXP has a one year low of $54.22 and a one year high of $79.33. The stock has a market cap of $10.16 billion, a PE ratio of -50.49, a P/E/G ratio of 7.69 and a beta of 1.01. The company has a debt-to-equity ratio of 2.26, a quick ratio of 4.50 and a current ratio of 4.50. The stock has a 50 day moving average price of $68.75 and a 200 day moving average price of $70.36.

BXP (NYSE:BXP) last issued its earnings results on Tuesday, January 27th. The real estate investment trust reported $1.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.80 by ($0.24). BXP had a negative net margin of 5.82% and a positive return on equity of 1.35%. The company had revenue of $843.74 million during the quarter, compared to analysts’ expectations of $875.61 million. During the same quarter in the previous year, the company earned $1.79 earnings per share. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. BXP has set its Q1 2026 guidance at 1.560-1.580 EPS and its FY 2026 guidance at 6.880-7.040 EPS. Equities research analysts expect that BXP will post 6.91 EPS for the current fiscal year.

Insiders Place Their Bets

In other BXP news, CFO Michael E. Labelle sold 13,422 shares of the company’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $72.34, for a total value of $970,947.48. Following the completion of the transaction, the chief financial officer owned 9,223 shares in the company, valued at $667,191.82. This represents a 59.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Peter V. Otteni sold 4,136 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $72.65, for a total value of $300,480.40. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 70,710 shares of company stock worth $5,107,771. 1.35% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Voya Investment Management LLC increased its holdings in shares of BXP by 1.0% during the third quarter. Voya Investment Management LLC now owns 1,492,925 shares of the real estate investment trust’s stock valued at $110,835,000 after purchasing an additional 15,507 shares during the period. Swedbank AB lifted its holdings in BXP by 13.9% in the third quarter. Swedbank AB now owns 141,798 shares of the real estate investment trust’s stock worth $10,541,000 after purchasing an additional 17,253 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new position in BXP during the 2nd quarter valued at about $306,000. Daiwa Securities Group Inc. raised its position in shares of BXP by 70.9% during the 2nd quarter. Daiwa Securities Group Inc. now owns 1,138,083 shares of the real estate investment trust’s stock worth $76,787,000 after buying an additional 472,221 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of BXP by 9.9% during the 2nd quarter. Cetera Investment Advisers now owns 52,433 shares of the real estate investment trust’s stock worth $3,538,000 after buying an additional 4,744 shares in the last quarter. Institutional investors and hedge funds own 98.72% of the company’s stock.

BXP Company Profile

Boston Properties, Inc (NYSE: BXP) is a publicly traded real estate investment trust (REIT) specializing in the ownership, management, and development of Class A office properties across major U.S. markets. Headquartered in Boston, Massachusetts, the company’s portfolio comprises high-quality office buildings, mixed-use developments and select retail assets designed to serve leading corporations in key metropolitan areas.

Established in 1970 by Mortimer B. Zuckerman, Boston Properties has grown through disciplined acquisitions and strategic ground-up developments.