Brokerages Set BXP, Inc. (NYSE:BXP) Price Target at $75.28

BXP, Inc. (NYSE:BXP) has been given an average recommendation of “Moderate Buy” by the nineteen brokerages that are presently covering the stock, Marketbeat.com reports. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $75.1111.

Several equities research analysts recently commented on BXP shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BXP in a research note on Wednesday, August 12th. Weiss Ratings raised BXP from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. JPMorgan Chase & Co. raised their price target on BXP from $79.00 to $87.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 25th. UBS Group lifted their price target on BXP from $61.00 to $70.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 25th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $68.00 price target on shares of BXP in a research report on Tuesday, June 2nd.

Hedge Funds Weigh In On BXP

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Sequoia Financial Advisors LLC acquired a new stake in BXP in the 2nd quarter valued at about $215,000. Integrated Wealth Concepts LLC purchased a new stake in shares of BXP in the second quarter valued at about $195,000. NewEdge Advisors LLC grew its position in shares of BXP by 14,654.2% in the second quarter. NewEdge Advisors LLC now owns 3,541 shares of the real estate investment trust’s stock valued at $235,000 after purchasing an additional 3,517 shares during the last quarter. Allworth Financial LP grew its holdings in BXP by 118.2% during the 2nd quarter. Allworth Financial LP now owns 3,253 shares of the real estate investment trust’s stock valued at $216,000 after buying an additional 1,762 shares during the last quarter. Finally, Arizona State Retirement System increased its position in BXP by 0.6% during the second quarter. Arizona State Retirement System now owns 41,582 shares of the real estate investment trust’s stock worth $2,757,000 after buying an additional 238 shares in the last quarter. 98.72% of the stock is owned by institutional investors and hedge funds.

BXP Stock Down 1.0%

Shares of BXP stock opened at $63.30 on Tuesday. The company has a quick ratio of 3.91, a current ratio of 3.91 and a debt-to-equity ratio of 2.07. BXP has a 52-week low of $49.72 and a 52-week high of $78.23. The company has a market capitalization of $10.11 billion, a P/E ratio of 34.03, a P/E/G ratio of 2.36 and a beta of 1.01. The company has a 50 day moving average of $68.01 and a 200 day moving average of $62.14.

BXP (NYSE:BXP) last announced its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. The firm had revenue of $895.70 million during the quarter, compared to the consensus estimate of $858.07 million. BXP had a return on equity of 3.88% and a net margin of 8.44%.The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.71 earnings per share. BXP has set its FY 2026 guidance at 6.990-7.050 EPS and its Q3 2026 guidance at 1.800-1.820 EPS. As a group, research analysts forecast that BXP will post 7.02 EPS for the current fiscal year.

BXP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.80 annualized dividend and a dividend yield of 4.4%. BXP’s dividend payout ratio (DPR) is currently 150.54%.

About BXP

BXP, Inc (NYSE:BXP), formerly known as Boston Properties, is a publicly traded real estate investment trust that owns, develops, redevelops, and manages commercial properties. The company’s portfolio is primarily focused on office buildings, with additional investments in residential, retail, and life sciences properties.

BXP serves major U.S. metropolitan markets, including Boston, Los Angeles, New York, San Francisco, and Washington, DC Its properties are generally located in established business districts and are designed to accommodate corporate offices, research and development activities, retail operations, and residential tenants.

Founded in 1970, the company has grown into one of the largest owners and developers of office properties in the United States.