How Is BXP, Inc.'s Stock Performance Compared to Other REIT Stocks?

Company Overview - BXP, Inc. is the largest publicly traded developer, owner, and manager of premier workplaces, valued at $11.3 billion by market cap, operating as a real estate investment trust (REIT) with properties totaling 53.5 million square feet across 186 properties [1] - BXP is categorized as a large-cap stock, emphasizing its size, influence, and dominance within the REIT - office industry, with high-quality properties in prime markets leading to strong occupancy rates and premium rents [2] Stock Performance - BXP's stock has experienced a decline of 15.1% from its 52-week high of $83.29, reached on December 9, 2024, and has fallen 10.4% over the past three months, underperforming the iShares Cohen & Steers REIT ETF's (ICF) 2.5% losses [3] - Over a six-month period, BXP shares fell 2.9%, outperforming ICF's losses of 3.2%, but the stock dipped 12.3% over the past 52 weeks, underperforming ICF's 5.5% drop [4] Financial Results - In Q3, BXP reported a funds from operations (FFO) of $1.74 per share, exceeding Wall Street expectations of $1.72 per share, with revenue of $871.5 million, reflecting a year-over-year increase of 1.4% [5] - The company anticipates full-year FFO in the range of $6.89 to $6.92 per share [5] Analyst Sentiment - Wall Street analysts maintain a reasonably bullish outlook on BXP, with a consensus "Moderate Buy" rating from 23 analysts and a mean price target of $79.05, indicating a potential upside of 11.8% from current price levels [6]