BXP (NYSE:BXP) Issues Quarterly Earnings Results, Beats Expectations By $0.21 EPS

BXP (NYSE:BXP) issued its quarterly earnings results on Tuesday. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.21, FiscalAI reports. BXP had a net margin of 8.44% and a return on equity of 3.88%. The company had revenue of $911.43 million during the quarter, compared to the consensus estimate of $892.51 million. During the same quarter in the previous year, the firm earned $1.74 earnings per share. The firm’s quarterly revenue was up 4.6% on a year-over-year basis.

BXP Stock Performance

NYSE BXP opened at $61.41 on Thursday. The company has a fifty day moving average of $63.40 and a two-hundred day moving average of $62.17. The company has a market capitalization of $9.80 billion, a PE ratio of 33.01, a P/E/G ratio of 2.10 and a beta of 1.03. BXP has a 1 year low of $49.72 and a 1 year high of $74.94. The company has a debt-to-equity ratio of 2.07, a current ratio of 3.91 and a quick ratio of 3.91.

BXP Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, September 30th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.6%. The ex-dividend date is Wednesday, September 30th. BXP’s dividend payout ratio is currently 150.54%.

Key Stories Impacting BXP

Here are the key news stories impacting BXP this week:

• Positive Sentiment: 2026 FFO guidance raised: BXP now expects full-year 2026 adjusted funds from operations of approximately $7.06–$7.08 per share, above the prior outlook and the roughly $7.02 analyst consensus. BXP Raises Full Year 2026 Earnings Guidance
• Positive Sentiment: Q3 results exceeded expectations: Revenue rose 4.6% year over year to $911.4 million, surpassing the $892.5 million consensus, while diluted FFO increased to $1.89 per share from $1.74 a year earlier and beat estimates of $1.80. Reported diluted EPS was $0.71 versus the $0.50 consensus. Boston Properties Surpasses Q3 FFO and Revenue Estimates
• Positive Sentiment: Occupancy momentum supported operating performance: In-service occupancy reached 89.4%, with leased occupancy at 91.9%. Higher occupancy and same-property NOI growth helped drive the improved forecast. BXP Q3 FFO and Revenues Beat Estimates
• Positive Sentiment: Development strategy may improve returns: Executives said building new offices can offer better returns than acquiring existing properties, encouraging BXP to direct capital toward development rather than acquisitions. BXP Sees Better Returns in Building Offices
• Neutral Sentiment: BXP maintained its 2026 diluted EPS outlook of $2.35–$2.37 per share and its quarterly common dividend of $0.70 per share, while its portfolio totaled 162 properties covering 50.6 million square feet.
• Negative Sentiment: Shares recently crossed below their 200-day moving average, a technical warning that could limit the rally despite the favorable earnings news. BXP Shares Cross Below 200-Day Moving Average

Analysts Set New Price Targets

A number of brokerages have commented on BXP. Weiss Ratings reissued a “hold (c)” rating on shares of BXP in a research report on Friday, October 2nd. Piper Sandler reaffirmed a “neutral” rating and set a $65.00 price objective on shares of BXP in a research report on Thursday. UBS Group lifted their price objective on shares of BXP from $61.00 to $70.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 25th. Scotiabank lowered their target price on shares of BXP from $76.00 to $73.00 and set an “outperform” rating for the company in a research note on Thursday, September 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BXP in a report on Wednesday, August 12th. Nine investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, BXP currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.56.

BXP Company Profile

BXP, Inc (NYSE:BXP), formerly known as Boston Properties, Inc, is a self-administered and self-managed real estate investment trust that develops, owns, manages and operates primarily office properties in the United States. The company focuses on high-quality commercial real estate in major gateway markets.

BXP’s portfolio includes office buildings, mixed-use properties and life science facilities. Its activities span property acquisition, development, redevelopment, leasing and ongoing management.