Q3 EPS Forecast for Boston Properties Reduced by Analyst

Boston Properties, Inc. (NYSE:BXP) – Investment analysts at Zacks Research lowered their Q3 2026 EPS estimates for shares of 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 post earnings per share of $1.89 for the quarter, down from their previous forecast of $1.90. The consensus estimate for Boston Properties’ current full-year earnings is $7.10 per share.

Several other analysts have also weighed in on the stock. Scotiabank reiterated a “sector perform” rating and set a $85.00 target price on shares of Boston Properties in a research note on Thursday, November 7th. Barclays increased their price objective on shares of Boston Properties from $88.00 to $89.00 and gave the stock an “equal weight” rating in a research note on Monday, November 18th. UBS Group lifted their target price on Boston Properties from $64.00 to $80.00 and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Compass Point upgraded Boston Properties from a “neutral” rating to a “buy” rating and increased their price target for the stock from $80.00 to $88.00 in a research report on Thursday, November 14th. Finally, Wedbush upgraded Boston Properties from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 8th. 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $82.00.

Boston Properties Price Performance

Shares of NYSE BXP opened at $68.18 on Monday. The company has a current ratio of 5.51, a quick ratio of 5.51 and a debt-to-equity ratio of 2.01. The company has a market capitalization of $10.78 billion, a price-to-earnings ratio of 29.52, a price-to-earnings-growth ratio of 0.55 and a beta of 1.18. Boston Properties has a twelve month low of $56.46 and a twelve month high of $90.11. The business has a 50 day simple moving average of $78.14 and a 200-day simple moving average of $75.82.

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

Institutional Investors Weigh In On Boston Properties

A number of institutional investors have recently added to or reduced their stakes in BXP. Vanguard Personalized Indexing Management LLC raised its stake in shares of Boston Properties by 0.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 20,479 shares of the real estate investment trust’s stock worth $1,261,000 after buying an additional 150 shares in the last quarter. Mystic Asset Management Inc. raised its position in Boston Properties by 3.1% in the second quarter. Mystic Asset Management Inc. now owns 5,541 shares of the real estate investment trust’s stock worth $341,000 after acquiring an additional 165 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. lifted its holdings in 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 acquiring an additional 386 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Boston Properties by 61.4% during 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 purchasing an additional 547 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd grew its stake in shares of Boston Properties by 5,025.0% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 615 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 603 shares during the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Boston Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 30th. Shareholders 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 dividend on an annualized basis and a dividend yield of 5.75%. Boston Properties’s dividend payout ratio (DPR) is 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.