Recent Research Analysts’ Ratings Changes for Boston Properties (BXP)

A number of research firms have changed their ratings and price targets for Boston Properties (NYSE: BXP):

• 1/8/2025 – Boston Properties was upgraded by analysts at Wedbush from a “strong sell” rating to a “hold” rating.
• 1/7/2025 – Boston Properties had its price target lowered by analysts at Mizuho from $92.00 to $86.00. They now have an “outperform” rating on the stock.
• 1/2/2025 – Boston Properties was downgraded by analysts at Wedbush from a “neutral” rating to an “underperform” rating. They now have a $70.00 price target on the stock, down previously from $81.00.
• 1/2/2025 – Boston Properties had its price target lowered by analysts at Jefferies Financial Group Inc. from $93.00 to $84.00. They now have a “buy” rating on the stock.
• 12/4/2024 – Boston Properties had its price target raised by analysts at Truist Financial Co. from $77.00 to $83.00. They now have a “hold” rating on the stock.
• 11/18/2024 – Boston Properties had its price target raised by analysts at Barclays PLC from $88.00 to $89.00. They now have an “equal weight” rating on the stock.

Boston Properties Stock Performance

Shares of NYSE:BXP opened at $70.22 on Wednesday. The company has a current ratio of 5.51, a quick ratio of 5.51 and a debt-to-equity ratio of 2.01. Boston Properties, Inc. has a 1-year low of $56.46 and a 1-year high of $90.11. The stock has a market capitalization of $11.10 billion, a P/E ratio of 30.40, a P/E/G ratio of 0.55 and a beta of 1.18. The business has a 50-day moving average price of $77.70 and a two-hundred day moving average price of $75.94.

Boston Properties (NYSE:BXP) last posted its quarterly earnings results on Tuesday, October 29th. The real estate investment trust reported $0.53 earnings per share 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 business had revenue of $859.23 million for the quarter, compared to the consensus estimate of $829.91 million. During the same period last year, the firm earned $1.86 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. Equities analysts predict that Boston Properties, Inc. will post 7.1 earnings per share for the current year.

Boston Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 30th. Stockholders of record on Tuesday, December 31st will be paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 5.58%. The ex-dividend date is Tuesday, December 31st. Boston Properties’s dividend payout ratio (DPR) is currently 169.70%.

Institutional Investors Weigh In On Boston Properties

A number of institutional investors have recently made changes to their positions in the stock. Point72 Asia Singapore Pte. Ltd. boosted its holdings in Boston Properties by 212.1% during the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 568 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 386 shares during the last quarter. Harvest Fund Management Co. Ltd increased 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 valued at $49,000 after acquiring an additional 603 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Boston Properties in the 3rd quarter valued at approximately $58,000. Northwestern Mutual Wealth Management Co. boosted its stake in 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 worth $89,000 after acquiring an additional 547 shares during the last quarter. Finally, Centaurus Financial Inc. acquired a new position in Boston Properties during the second quarter valued at approximately $116,000. 98.72% of the stock is owned by institutional investors and hedge funds.

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.