BXP stock tracks improving office occupancy gains
Published on 10/04/2026 at 22:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
BXP, Inc. stock (ISIN US1011211018) was trading at USD 60.40 on the NYSE on October 2, 2026 at 3:59 p.m. ET, up 0.27 percent on the session. The company enters October with second-quarter funds from operations of USD 1.78 per share, above the USD 1.71 consensus estimate reported by Zacks for the quarter ended June 30, 2026.
Occupancy lifts recurring income
The Q2 operating picture improved where office REIT investors usually look first. Portfolio occupancy increased 100 basis points sequentially to 88.4 percent, while total revenue rose 3.1 percent year over year to USD 895.7 million, according to Zacks.
The comparison is favorable on the operating side but less favorable in reported earnings. BXP generated consolidated net income of USD 102.5 million in Q2 2026, equal to diluted EPS of USD 0.43, while the latest financial data show a net margin of 11 percent for the period.
Guidance keeps the next test visible
Management projected Q3 2026 FFO of USD 1.80 to USD 1.82 per share and set full-year 2026 FFO guidance at USD 6.99 to USD 7.05 per share, with the midpoint raised by USD 0.05, Zacks reported.
The company also leased 106 spaces covering 1.8 million square feet in the quarter. The total leased rate reached 91.3 percent, leaving a 290-basis-point gap between leased and occupied space that represents future commencements, including 85 percent expected before the end of 2026, according to Zacks.
Analysts see room above USD 60.40
Scotiabank reduced its BXP target from USD 76 to USD 73 while keeping a Sector Outperform rating in a September 17, 2026 research note, as MarketBeat reported. The same coverage showed 11 Buy ratings and 8 Hold ratings, producing a Moderate Buy consensus and an average target of USD 75.11.
A separate MarketBeat overview placed the average target at USD 75.06 and described it as 19 percent above the October 2 price. The difference between the two target snapshots shows that analyst expectations vary by source, while both remain above BXP's latest NYSE quotation.
Q3 results set for October 27
BXP is scheduled to release third-quarter 2026 results after the NYSE close on October 27, 2026, followed by a conference call on October 28, according to Business Wire. The next major cash distribution is USD 0.70 per share, payable October 30, 2026 to shareholders of record on September 30.
Stock stays below its yearly high
BXP was last at USD 60.40 on October 2, 2026 at 3:59 p.m. ET on the NYSE. Its 52-week range was USD 49.72 to USD 76.36, and market capitalization stood at USD 9.6 billion as of October 2, 2026.
BXP stock facts
- Company: BXP, Inc.
- ISIN: US1011211018
- Ticker: BXP
- Trading venue: NYSE
- Price (as of October 2, 2026, 3:59 p.m. ET): USD 60.40
- Market capitalization: USD 9.6 billion (as of October 2, 2026)
- 52-week range: USD 49.72-76.36 (as of October 2, 2026)
- Sector / Industry: Real Estate / REIT - Office
Upcoming dates for BXP stock
- October 27, 2026: Q3 2026 financial results
- October 30, 2026: USD 0.70 quarterly dividend payment
