Boston Properties (NYSE:BXP) Releases Earnings Results, Beats Expectations By $1.28 EPS

Boston Properties (NYSE:BXP) announced its earnings results on Tuesday. The real estate investment trust reported $1.79 EPS for the quarter, beating the consensus estimate of $0.51 by $1.28, Zacks reports. Boston Properties had a return on equity of 4.40% and a net margin of 10.75%. Boston Properties updated its FY 2025 guidance to 6.770-6.950 EPS and its Q1 2025 guidance to 1.630-1.650 EPS.

Boston Properties Stock Down 5.7 %

Boston Properties stock opened at $69.02 on Thursday. 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 has a 1-year low of $56.46 and a 1-year high of $90.11. The firm’s fifty day simple moving average is $76.27 and its 200-day simple moving average is $76.70. The company has a market capitalization of $10.91 billion, a P/E ratio of 29.88, a P/E/G ratio of 0.50 and a beta of 1.18.

Boston Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Shareholders of record on Tuesday, December 31st will be given a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 5.68%. The ex-dividend date of this dividend is Tuesday, December 31st. Boston Properties’s dividend payout ratio is 169.70%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BXP. Piper Sandler raised shares of Boston Properties from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $78.00 to $105.00 in a research report on Wednesday, October 23rd. Mizuho reduced their target price on Boston Properties from $92.00 to $86.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Scotiabank reiterated a “sector perform” rating and set a $85.00 price target on shares of Boston Properties in a report on Thursday, November 7th. StockNews.com downgraded Boston Properties from a “hold” rating to a “sell” rating in a research note on Thursday, October 31st. Finally, Wedbush raised Boston Properties from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 8th. One equities research 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $82.00.

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.