Skip to main content
    B

    BXP, Inc. (BXP)

    Official site

    REAL ESTATE • REIT - OFFICE • NYSE

    $57.70
    -2.29 (-3.82%)

    Market Cap: $10.75B

    Last updated: Oct 16, 2026 at 1:54 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    79%(31/39)
    Avg Surprise
    +3.01%
    Streak
    3 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.54
    Range$0.47 - $0.61
    2 analysts
    EPS RevisionsNo revisions (7d)
    1
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.51+5.6%
    60d ago$0.50+8.5%
    30d ago$0.51+5.7%
    7d ago$0.47+14.7%
    Current$0.54
    Revenue Consensus
    $872M
    Range$834M - $893M
    3 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.84
    Range$0.71 - $0.97
    2 analysts
    Revenue Consensus
    $955M
    Range$712M - $1.1B
    6 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.84---
    Sep 26EST
    		-$0.54---
    Jun 26
    Reported Jul 28
    		$1.78$1.71+4.09%Beat+217.9%
    Mar 26
    Reported Apr 28
    		$0.55$0.28+96.43%Beat+37.5%
    Dec 25
    Reported Jan 27
    		$0.68$0.51+33.33%Beat-4.2%
    Sep 25
    Reported Oct 28
    		$-0.36$0.39-192.31%Miss-170.6%
    Jun 25
    Reported Jul 29
    		$0.56$0.42+33.33%Beat+12.0%
    Mar 25
    Reported Apr 29
    		$0.40$0.33+21.21%Beat-9.1%
    Dec 24
    Reported Jan 28
    		$0.71$0.44+61.36%Beat+24.6%
    Sep 24
    Reported Oct 29
    		$0.51$0.48+6.25%Beat+171.8%
    Jun 24
    Reported Jul 30
    		$0.50$0.45+11.11%Beat-23.1%
    Mar 24
    Reported Apr 30
    		$0.44$0.47-6.38%Miss-8.3%
    Dec 23
    Reported Jan 30
    		$0.57$0.62-8.06%Miss+67.6%
    Sep 23
    Reported Nov 1
    		$-0.71$0.63-212.70%Miss-210.9%
    Jun 23
    Reported Aug 1
    		$0.65$0.59+10.17%Beat-22.6%
    Mar 23
    Reported Apr 25
    		$0.48$0.48+0.00%Beat-38.5%
    Dec 22
    Reported Jan 31
    		$0.34$0.64-46.88%Miss-52.8%
    Sep 22
    Reported Oct 25
    		$0.64$0.73-12.33%Miss-7.2%
    Jun 22
    Reported Jul 26
    		$0.84$0.78+7.69%Beat+18.3%
    Mar 22
    Reported May 2
    		$0.78$0.65+20.00%Beat+32.2%
    Dec 21
    Reported Jan 25
    		$0.72$0.50+44.00%Beat+16.1%
    Sep 21
    Reported Oct 26
    		$0.69$0.62+11.29%Beat+19.0%
    Jun 21
    Reported Jul 27
    		$0.71$0.58+22.41%Beat-4.1%
    Mar 21
    Reported Apr 27
    		$0.59$0.56+5.36%Beat-28.9%
    Dec 20
    Reported Jan 26
    		$0.62$0.58+6.90%Beat-32.6%
    Sep 20
    Reported Oct 27
    		$0.58$0.53+9.43%Beat-34.1%
    Jun 20
    Reported Jul 28
    		$0.74$0.52+42.31%Beat-29.5%
    Mar 20
    Reported Apr 28
    		$0.83$0.81+2.47%Beat+5.1%
    Dec 19
    Reported Jan 28
    		$0.92$0.90+2.22%Beat+21.1%
    Sep 19
    Reported Oct 29
    		$0.88$0.75+17.33%Beat+22.2%
    Jun 19
    Reported Jul 30
    		$1.05$0.75+40.00%Beat+45.8%
    Mar 19
    Reported Apr 30
    		$0.79$0.68+16.18%Beat+36.2%
    Dec 18
    Reported Jan 29
    		$0.76$0.75+1.33%Beat+0.0%
    Sep 18
    Reported Oct 30
    		$0.72$0.72+0.00%Beat-2.7%
    Jun 18
    Reported Jul 31
    		$0.72$0.56+28.57%Beat-4.0%
    Mar 18
    Reported Apr 24
    		$0.58$0.68-14.71%Miss-7.9%
    Dec 17
    Reported Jan 30
    		$0.76$0.66+15.15%Beat+35.7%
    Sep 17
    Reported Nov 1
    		$0.74$0.71+4.23%Beat-
    Jun 17
    Reported Aug 1
    		$0.75$0.80-6.25%Miss-
    Mar 17
    Reported Apr 25
    		$0.63$0.50+26.00%Beat-
    Dec 16
    Reported Jan 31
    		$0.56$0.48+16.67%Beat-

    Dividends

    Dividend Metrics

    Forward Yield4.85%
    Forward Annual Dividend$2.80
    Payout Ratio34.70%
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR-5.01%
    5Y CAGR-3.04%
    BXP dividend history and ex-dividend datesRun BXP in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio21.77EV/EBITDAN/A
    Price/FCF22.12xFCF Yield4.52%
    Profitability
    Profit Margin9.30%Operating Margin28.80%
    ROE5.31%ROIC4.29%
    Financial Health
    Debt/Equity2.69xInterest Coverage1.64x
    Current Ratio0.39xQuick Ratio0.39x
    Trading Statistics
    Beta1.05Avg Volume1.50M
    52-Week High$74.0952-Week Low$47.99

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$59.49
    SMA 20$60.86
    SMA 50$64.40
    SMA 200$61.44
    EMA 10$59.62
    EMA 20$60.82
    EMA 50$63.01
    EMA 200$63.14

    MACD

    Line: -1.61Signal: -1.57Hist: -0.04

    ADX

    ADX: 29.3+DI: 13.3-DI: 30.5

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down100.0
    PSAR$60.70

    Bollinger Bands

    Upper Band$64.15
    Lower Band$57.58
    %B Position1080%(Upper)
    Band Width0.02

    RSI (14-Day)

    Oversold
    29.8

    Momentum Oscillators

    Stoch %K20.6
    Stoch %D20.5
    Williams %R-94.1
    ROC (10d)-5.6%
    Momentum-3.41
    CCI (20d)-118.8
    MFI (14d)29.9

    Volatility Measures

    ATR (14d)$1.57(2.7%)
    StdDev (20d)1.64
    Hist Vol22.5%(Moderate)

    Volume Flow

    VWAP$58.30
    OBV-24.9M
    AD Line-1.7B
    CMF (20d)-0.891

    Volume Metrics

    Avg Vol (20d)1.5M
    Vol Ratio1.2x
    VWMA (20d)$60.99

    Pivot Points

    R3$62.17
    R2$61.43
    R1$60.71
    Pivot Point$59.98
    S1$59.26
    S2$58.52
    S3$57.80

    Advanced Oscillators

    TSI-32.32
    Ultimate Osc41.9
    KST-84.18

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$895.70M$872.15M$877.10M$871.51M$868.46M$865.22M$858.57M$859.23M$850.48M$839.44M$828.93M$824.28M
    Cost of Revenue$349.41M$356.93M$404.68M$345.19M$345.53M$343.64M$337.36M$341.38M$335.41M$324.46M$313.81M$313.12M
    Gross Profit$546.29M$515.21M$472.42M$526.33M$522.93M$521.57M$521.21M$517.85M$515.07M$514.97M$515.13M$511.17M
    Operating Expenses$287.36M$287.44M$269.94M$273.77M$266.69M$273.16M$259.25M$256.43M$263.84M$269.25M$253.18M$239.60M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$50.38M$59.47M$37.92M$37.62M$42.87M$53.05M$33.21M$33.54M$44.30M$50.53M$41.11M$32.16M
    Operating Income$258.93M$227.78M$202.48M$252.56M$256.23M$248.41M$261.96M$261.42M$251.23M$245.73M$261.95M$271.57M
    Interest Income$8.07M$43.73M$63.43M$-138,309,000$7.34M$5.25M$-329,470,000$9.62M$5.30M$35.99M$46.46M$-227,766,000
    Interest Expense$153.43M$152.09M$162.61M$164.30M$162.78M$163.78M$170.39M$163.19M$149.64M$161.89M$155.08M$147.81M
    Income Before Tax$120.58M$132.82M$174.43M$-48,117,000$119.18M$87.39M$-238,269,000$108.36M$106.95M$120.22M$153.00M$-103,543,000
    Income Tax Expense$0$0$0$0$0$0$0$0$0$0$0$0
    Net Income$102.46M$133.01M$294.79M$-116,840,000$119.14M$86.91M$-237,817,000$108.45M$106.95M$106.60M$153.16M$-103,543,000
    EBITDA$502.73M$468.78M$505.35M$489.90M$498.30M$465.95M$487.92M$484.02M$471.17M$466.28M$474.12M$480.04M
    EBIT$265.93M$241.18M$273.61M$254.49M$274.62M$245.92M$261.59M$261.94M$251.29M$246.12M$261.62M$272.04M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about BXP

    Government Contracts

    Gov Obligations (TTM)
    $16376
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    3
    New Awards (TTM)
    1
    Avg Remaining Term
    1.9 mo

    Top agency: Merit Systems Protection Board at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    41311425P0022MSPMerit Systems Protection BoardMerit Systems Protection Board$22700Oct 1, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    BMO cuts target to USD 41.00 for Alexandria Real Estate stock

    BMO Capital has reduced its price target for Alexandria Real Estate (ARE) stock to USD 41.00 from USD 48.00 and downgraded it to Market Perform. This adjustment comes as Alexandria Real Estate's stock trades near its...

    ad-hoc-news.de•10/15/26•Neutral

    Prologis' Q3 FFO Beat Estimates as Rental Revenues Rise

    Prologis (PLD) reported better-than-expected Q3 2026 core FFO and rental revenues, driven by increased rental income, stable leasing, and improved occupancy. Despite higher operating expenses...

    TradingView•10/15/26•Somewhat-Bullish

    Mattel CEO Roger Lynch Receives Immediate Vesting Make-Whole RSU Grant and Annual Equity Awards

    Mattel Inc. CEO Roger Lynch received two equity grants on October 12, 2026: an immediate vesting "Make-Whole Award" of 461,538 restricted stock units (RSUs) and an annual grant of 307,692 RSUs vesting over three years....

    Kalkine Media•10/14/26•Neutral

    Can Safehold (NYSE:SAFE) Regain Momentum After Its Latest Rating Update?

    Safehold (NYSE:SAFE), a real estate investment trust specializing in ground leases, recently had its "market perform" rating reaffirmed by a research firm. This neutral stance comes as the stock trades near its yearly...

    Kalkine Media•10/14/26•Neutral

    Nomura Holdings Reports September 2026 Share Buyback Status with Full Utilization of Monetary Limit

    Nomura Holdings, Inc. has reported its share buyback status for September 2026, confirming no repurchases during that month. The company fully utilized its authorized monetary limit of JPY 60,000,000,000 for share...

    Kalkine Media•10/14/26•Neutral

    BXP Valuation and Fair Value

    P/E
    21.8x
    Forward P/E
    27.3x
    P/FCF
    22.1x
    PEG
    2.3x
    P/B
    1.8x
    See GNG's fair value

    BXP Profitability: Margins, ROIC and FCF

    Gross margin
    58.6%
    Operating margin
    28.8%
    Net margin
    9.3%
    ROIC
    4.3%
    ROE
    5.3%
    FCF margin
    11.8%
    FCF yield
    4.5%

    BXP Competitors

    CompanyTicker
    Camden Property TrustCPT
    EastGroup Properties IncEGP
    American Healthcare REIT, Inc.AHR
    AGNC Investment Corp.AGNC
    Gaming & Leisure PropertiesGLPI
    Federal Realty Investment TrustFRT
    Equity Lifestyle Properties IncELS
    Janus Living, Inc.JAN

    Sector: Real Estate

    BXP Analyst Ratings

    Consensus
    Buy
    Analysts
    22
    Strong Buy
    5
    Buy
    7
    Hold
    10
    Sell
    0
    Strong Sell
    0

    BXP Bull Case vs Bear Case

    Bull case

    • BXP beat EPS estimates in 87.5% of its last 8 reported quarters.

    Bear case

    • BXP has a debt-to-equity ratio of 2.7x.

    BXP Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    8.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.54
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 1 down

    BXP Dividend

    Forward yield
    4.9%
    Payout ratio
    34.7%
    3Y DPS growth
    -5.0%
    5Y DPS growth
    -3.0%
    Pay months
    Jan, Apr, Jul, Oct
    BXP dividend history

    Frequently Asked Questions About BXP

    What is BXP's current dividend yield?

    BXP, Inc. (BXP) has a forward dividend yield of 4.85%.

    Does BXP pay dividends?

    Yes, BXP, Inc. pays dividends with a forward dividend yield of 4.85%.

    What is BXP's P/E ratio?

    BXP, Inc. has a price-to-earnings (P/E) ratio of 21.77.

    What is BXP's market cap?

    BXP, Inc. (BXP) has a market capitalization of $10.75B with a current stock price of $57.70.

    Related stocks

    Sector: Real Estate

    All stocks starting with B

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.

    Create Free AccountLog In