How were Taubman Centers' earnings last quarter?

Taubman Centers, Inc. (NYSE:TCO) posted its earnings results on Monday, November, 9th. The real estate investment trust reported ($0.49) earnings per share for the quarter, missing the consensus estimate of $0.58 by $1.07. The real estate investment trust had revenue of $130.99 million for the quarter, compared to the consensus estimate of $125.10 million. Taubman Centers had a negative trailing twelve-month return on equity of 94.88% and a net margin of 30.09%. The business's revenue was down 19.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.86 earnings per share.

Is Taubman Centers a good dividend stock?

Taubman Centers (NYSE:TCO) pays an annual dividend of $2.70 per share and currently has a dividend yield of 6.28%. TCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, TCO will have a dividend payout ratio of 97.12% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for TCO .

What other stocks do shareholders of Taubman Centers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Taubman Centers investors own include Simon Property Group (SPG) , AT&T (T) , AbbVie (ABBV) , Cisco Systems (CSCO) , Chevron (CVX) , Tanger (SKT) , RTX (RTX) , Exxon Mobil (XOM) , Intel (INTC) and Johnson & Johnson (JNJ) .

NYSE:TCO

Taubman Centers (TCO) Stock Price, News & Analysis

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)

Free TCO Stock Alerts

Notice: This company has been marked as potentially delisted and may not be actively trading.

Compare

Today's Range: $42.99
▼
$42.99
50-Day Range: $42.91
▼
$43.00
52-Week Range: $26.24
▼
$53.40

Volume: N/A
Average Volume: 1.96 million shs
Market Capitalization: $2.65 billion

P/E Ratio: 15.86
Dividend Yield: 6.28%
Price Target: N/A

Stock Analysis

Get Taubman Centers alerts:

Ad DTI

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

Click here for the full story

About Taubman Centers Stock (NYSE:TCO)

Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet malls in the U.S. and Asia. Taubman's U.S.-owned properties are the most productive in the publicly held U.S. mall industry. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.

Ad DTI

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

Click here for the full story

TCO Stock News Headlines

March 26, 2024 | finance.yahoo.com

Accelerating Networking and Edge AI with AEWIN High Performance Network Appliances and Edge Servers Powered by AMD Siena

March 11, 2024 | msn.com

Nvidia CEO Jensen Huang Thinks Even Free AI Chips From Rivals Are 'Not Cheap Enough' Compared To Its GPUs

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

January 26, 2024 | msn.com

Kirk Cousins surprises Michigan class to help students get extra credit

November 19, 2023 | msn.com

A passionate, 'skip-to-work' spirit is the real deal at The Taubman Company

October 25, 2023 | investing.com

TCO Historical Data

September 18, 2023 | benzinga.com

Supermicro Introduces a Number of Density and Power Optimized Edge Platforms for Telco Providers, Based on the New AMD EPYC™ 8004 Series Processor

August 18, 2023 | msn.com

This new Dell monitor isn't a Surface Studio display, but it is flexible

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

August 3, 2023 | msn.com

Inside how Kirk Cousins is leading the Vikings at training camp

June 27, 2023 | bizjournals.com

Movement climbing gym coming to Northern Virginia shopping center

June 16, 2023 | thestreet.com

Taubman Centers Stock To Go Ex-dividend Tomorrow (TCO)

May 9, 2023 | marketwatch.com

MATTER Partners with Twin Cities Orthopedics (TCO) to Launch Medical Relief Kits

April 12, 2023 | marketwatch.com

Latest: Tubing Hanger Mandrel Market Size, Share, Outlook 2023, By Global Industry Trends, Future Growth, Regional Overview till 2030

April 11, 2023 | health.usnews.com

Stephanie E. Schauer

April 7, 2023 | forbes.com

IBM New Z-Series And LinuxONE Rack-Friendly Configurations Enable Greater Sustainability

March 31, 2023 | thestreet.com

Taubman Centers Stock Hits New 52-Week High (TCO)

March 31, 2023 | thestreet.com

Taubman Centers Reaches New 52-Week High (TCO)

March 17, 2023 | newsweek.com

Best Physical Rehabilitation Centers - Oklahoma

January 21, 2023 | newsweek.com

America's Best Ambulatory Surgery Centers 2022

January 20, 2023 | finance.yahoo.com

FRXIF: FRXIF Provides a Solution Investors are Demanding

January 15, 2023 | msn.com

Explaining the Taubman Approach

January 10, 2023 | msn.com

Zulgad: A year later, Vikings' decision to not go the rebuild route looks like a wise one

November 27, 2022 | morningstar.com

Help Center

November 18, 2022 | marketwatch.com

Global Tubing Hangers Market by Component, Application, Technology , Vertical & Region - Forecast to 2028

September 11, 2022 | msn.com

Danielle Hunter and Za'Darius Smith want to make their own history as a Vikings pass-rushing duo

September 9, 2022 | msn.com

Danielle Hunter and Za'Darius Smith work on making their own history as a Vikings pass-rushing duo

See More Headlines

Receive TCO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Taubman Centers and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/09/2020
Today: 4/18/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real Estate Investment Trusts
Sub-Industry: Retail REITs
Current Symbol: NYSE:TCO
CUSIP: 87666410
CIK: 890319
Web: www.taubman.com
Phone: 248-258-6800
Fax: N/A
Employees: 420
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $3.71
Trailing P/E Ratio: 15.86
Forward P/E Ratio: 16.04
P/E Growth: N/A
Net Income: $229.48 million
Net Margins: 30.09%
Pretax Margin: N/A
Return on Equity: -94.88%
Return on Assets: 4.04%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.62
Quick Ratio: 1.62

Sales & Book Value

Annual Sales: $661.05 million
Price / Sales: 4.01
Cash Flow: $8.13 per share
Price / Cash Flow: 5.29
Book Value: ($2.90) per share
Price / Book: -14.82

Miscellaneous

Outstanding Shares: 61,725,000
Free Float: N/A
Market Cap: $2.65 billion
Optionable: Optionable
Beta: -0.07

10 Best Cheap Stocks to Buy Now

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Mr. Robert S. Taubman (Age 66)
Chairman, CEO & Pres
Comp: $1.36M
Mr. Simon J. Leopold (Age 52)
Exec. VP, CFO & Treasurer
Comp: $1.34M
Mr. William S. Taubman (Age 61)
Chief Operating Officer
Comp: $900.01k
Mr. Paul A. Wright (Age 49)
Pres of Taubman Asia Management Limited
Comp: $1.54M
Mr. Ryan T. Hurren CPA
MBA, Director of Investor Relations & Interim CAO
Mr. Michael L. Osment
Chief Technology Officer & Sr. VP of Information Technology
Mr. Chris B. Heaphy
Exec. VP of Legal, Gen. Counsel & Sec.
Ms. Maria Mainville
Director of Strategic Communications
Ms. Glenda Cole
VP of Marketing & Sponsorship
Ms. Holly A. Kinnear
Sr. VP of HR & Chief HR Officer

Key Competitors

View All Competitors

TCO Stock Analysis - Frequently Asked Questions

How were Taubman Centers' earnings last quarter?: Taubman Centers, Inc. (NYSE:TCO) posted its earnings results on Monday, November, 9th. The real estate investment trust reported ($0.49) earnings per share for the quarter, missing the consensus estimate of $0.58 by $1.07. The real estate investment trust had revenue of $130.99 million for the quarter, compared to the consensus estimate of $125.10 million. Taubman Centers had a negative trailing twelve-month return on equity of 94.88% and a net margin of 30.09%. The business's revenue was down 19.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.86 earnings per share.
Is Taubman Centers a good dividend stock?: Taubman Centers (NYSE:TCO) pays an annual dividend of $2.70 per share and currently has a dividend yield of 6.28%. TCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, TCO will have a dividend payout ratio of 97.12% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TCO.
What other stocks do shareholders of Taubman Centers own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Taubman Centers investors own include Simon Property Group (SPG), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Chevron (CVX), Tanger (SKT), RTX (RTX), Exxon Mobil (XOM), Intel (INTC) and Johnson & Johnson (JNJ).

This page (NYSE:TCO) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Taubman Centers (TCO) Stock Price, News & Analysis

About Taubman Centers Stock (NYSE:TCO)

TCO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

TCO Stock Analysis - Frequently Asked Questions

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info