BXP stock reports higher FFO as occupancy reaches 88.4 percent
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BXP stock (ISIN US1011211018) was last at USD 60.45 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up USD 0.21 or 0.35 percent from the prior close. The central operating signal remains occupancy: BXP reached 88.4 percent in the second quarter, while adjusted funds from operations rose to USD 1.78 per share. According to Zacks on September 4, 2026, BXP reported second-quarter 2026 FFO of USD 1.78 per share, compared with a consensus estimate of USD 1.71. The USD 0.07 beat came alongside total revenue of USD 895.7 million, up 3.1 percent from the prior-year quarter. The same report said portfolio occupancy increased 100 basis points sequentially to 88.4 percent. Lease revenue rose 3.2 percent year over year to USD 831.68 million, exceeding the USD 812.49 million consensus estimate, giving the result a stronger operating profile than the GAAP earnings line alone suggests. BXP raised its full-year 2026 FFO guidance to USD 6.99-7.05 per share and projected third-quarter FFO of USD 1.80-1.82 per share, according to Zacks. The full-year range is the more important checkpoint because it incorporates occupancy, leasing and development execution across the remaining quarters. Scotiabank lowered its BXP price target to USD 73 from USD 76 on September 17, 2026, while retaining a Sector Outperform rating, as reported by MarketScreener. Against the October 2 price of USD 60.45, the...
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