Key Points
- BXP SVP Eric Kevorkian sold 2,000 shares on May 22 at an average price of $59.85, totaling $119,700. After the sale, he held 311 shares, a drop of 86.54% in his stake.
- BXP’s latest earnings missed expectations, reporting $0.64 EPS versus the $1.58 consensus estimate, though revenue of $872.15 million came in above forecasts. The company also kept its Q2 2026 EPS guidance at 1.690-1.710.
- Analysts remain mixed on BXP, with several cutting price targets while maintaining mostly neutral-to-bullish ratings. The stock’s average analyst rating is “Hold,” with an average target price of $71.30.
BXP, Inc. (NYSE:BXP - Get Free Report) SVP Eric Kevorkian sold 200 shares of BXP stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $60.23, for a total transaction of $12,046.00. Following the completion of the sale, the senior vice president owned 2,311 shares of the company's stock, valued at $139,191.53. This represents a 7.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
BXP Stock Performance
NYSE:BXP opened at $60.74 on Wednesday. The firm has a market capitalization of $9.69 billion, a P/E ratio of 30.52, a P/E/G ratio of 2.60 and a beta of 1.04. The company has a fifty day moving average of $56.01 and a 200-day moving average of $62.33. The company has a quick ratio of 4.22, a current ratio of 4.22 and a debt-to-equity ratio of 2.07. BXP, Inc. has a twelve month low of $49.72 and a twelve month high of $79.33.
BXP (NYSE:BXP - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.64 EPS for the quarter, missing analysts' consensus estimates of $1.58 by ($0.94). The business had revenue of $872.15 million for the quarter, compared to the consensus estimate of $843.11 million. BXP had a net margin of 9.09% and a return on equity of 4.13%. The business's revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.64 EPS. BXP has set its Q2 2026 guidance at 1.690-1.710 EPS. As a group, sell-side analysts anticipate that BXP, Inc. will post 6.96 EPS for the current year.
BXP Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Tuesday, March 31st. BXP's payout ratio is 140.70%.
Wall Street Analysts Forecast Growth
A number of analysts have commented on BXP shares. Piper Sandler decreased their price target on shares of BXP from $87.00 to $75.00 and set an "overweight" rating for the company in a research note on Wednesday, April 1st. Cantor Fitzgerald cut their price objective on shares of BXP from $79.00 to $70.00 and set an "overweight" rating on the stock in a report on Friday, May 15th. Truist Financial set a $64.00 price objective on shares of BXP in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a $61.00 price objective on shares of BXP in a report on Wednesday, May 13th. Finally, The Goldman Sachs Group set a $72.00 price objective on shares of BXP in a report on Wednesday, February 4th. Ten equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $71.30.
Check Out Our Latest Stock Analysis on BXP
Hedge Funds Weigh In On BXP
A number of hedge funds have recently bought and sold shares of BXP. Norges Bank purchased a new position in BXP during the 4th quarter worth $689,419,000. Cohen & Steers Inc. boosted its holdings in shares of BXP by 41.4% in the 4th quarter. Cohen & Steers Inc. now owns 15,382,890 shares of the real estate investment trust's stock worth $1,038,176,000 after buying an additional 4,503,738 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of BXP by 32,286.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,889,115 shares of the real estate investment trust's stock worth $127,477,000 after buying an additional 1,883,282 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of BXP by 44.9% in the 3rd quarter. Invesco Ltd. now owns 3,896,978 shares of the real estate investment trust's stock worth $289,701,000 after buying an additional 1,207,607 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of BXP by 52.4% in the 4th quarter. Daiwa Securities Group Inc. now owns 3,065,995 shares of the real estate investment trust's stock worth $206,893,000 after buying an additional 1,053,938 shares during the last quarter. 98.72% of the stock is owned by hedge funds and other institutional investors.
About BXP
(
Get Free Report)
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.
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