Q3 EPS Estimates for Boston Properties Cut by Zacks Research

Boston Properties, Inc. (NYSE:BXP) – Zacks Research dropped their Q3 2026 earnings per share estimates for Boston Properties in a note issued to investors 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 prior estimate of $1.90. The consensus estimate for Boston Properties’ current full-year earnings is $7.10 per share.

A number of other equities analysts have also weighed in on BXP. Compass Point raised shares of Boston Properties from a “neutral” rating to a “buy” rating and upped their target price for the stock from $80.00 to $88.00 in a research note on Thursday, November 14th. Truist Financial increased their price objective on Boston Properties from $77.00 to $83.00 and gave the stock a “hold” rating in a report on Wednesday, December 4th. Jefferies Financial Group reduced their price target on Boston Properties from $93.00 to $84.00 and set a “buy” rating for the company in a research report on Thursday, January 2nd. Wedbush upgraded shares of Boston Properties from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 8th. Finally, UBS Group increased their target price on shares of Boston Properties from $64.00 to $80.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Boston Properties currently has an average rating of “Hold” and a consensus price target of $82.00.

Boston Properties Stock Up 2.0 %

Boston Properties stock opened at $69.48 on Monday. Boston Properties has a twelve month low of $56.46 and a twelve month high of $90.11. The company has a quick ratio of 5.51, a current ratio of 5.51 and a debt-to-equity ratio of 2.01. The company has a 50 day moving average of $77.92 and a 200-day moving average of $75.87. The stock has a market capitalization of $10.99 billion, a PE ratio of 30.08, a price-to-earnings-growth ratio of 0.55 and a beta of 1.18.

Boston Properties (NYSE:BXP) last posted its earnings results on Tuesday, October 29th. The real estate investment trust reported $0.53 earnings per share for the quarter, missing the consensus estimate 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 quarter in the prior year, the firm posted $1.86 earnings per share. The business’s revenue was up 4.2% on a year-over-year basis.

Hedge Funds Weigh In On Boston Properties

Several large investors have recently modified their holdings of the stock. Toronto Dominion Bank raised its holdings in Boston Properties by 15.7% in the 3rd quarter. Toronto Dominion Bank now owns 49,293 shares of the real estate investment trust’s stock valued at $3,966,000 after acquiring an additional 6,687 shares during the period. Brooklyn Investment Group acquired a new position in shares of Boston Properties in the third quarter valued at approximately $58,000. Harvest Fund Management Co. Ltd increased its stake in shares of Boston Properties by 5,025.0% during the third 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 period. Crossmark Global Holdings Inc. lifted its holdings in Boston Properties by 9.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 8,575 shares of the real estate investment trust’s stock worth $690,000 after purchasing an additional 763 shares during the last quarter. Finally, Van ECK Associates Corp boosted its stake in Boston Properties by 12.0% in the 3rd quarter. Van ECK Associates Corp now owns 69,275 shares of the real estate investment trust’s stock valued at $6,024,000 after purchasing an additional 7,447 shares during the period. 98.72% of the stock is owned by institutional investors.

Boston Properties Dividend Announcement

The business also recently disclosed 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 yield of 5.64%. Boston Properties’s dividend payout ratio (DPR) is 169.70%.

Boston Properties Company Profile

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.