Taubman Centers Company Profile (NYSE:TCO)

About Taubman Centers

Taubman Centers logoTaubman Centers, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company's segment is focused on owning, developing and managing regional shopping centers. The Taubman Realty Group Limited Partnership (TRG) is a partnership subsidiary of the Company that owns direct or indirect interests in all of its real estate properties. The Company's portfolio of operating centers consists of approximately 19 urban and suburban shopping centers in over 10 states and Puerto Rico. The consolidated businesses consist of shopping centers and entities that are controlled by ownership or contractual agreements, The Taubman Company LLC (Manager), and Taubman Properties Asia LLC and its subsidiaries (Taubman Asia). Its centers are located in metropolitan areas, in communities, including Denver, Detroit, Los Angeles, Miami, Nashville, New York City, Orlando, Salt Lake City, San Francisco, San Juan, Sarasota, St. Louis, Tampa, and Washington, D.C.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Retail
  • Sub-Industry: Retail REITs
  • Exchange: NYSE
  • Symbol: TCO
  • CUSIP: 87666410
Key Metrics:
  • Previous Close: $68.62
  • 50 Day Moving Average: $71.14
  • 200 Day Moving Average: $73.51
  • 52-Week Range: $66.96 - $81.68
  • Trailing P/E Ratio: 38.76
  • Foreward P/E Ratio: 46.96
  • P/E Growth: 9.47
  • Market Cap: $4.14B
  • Outstanding Shares: 60,430,000
  • Beta: 0.57
  • Net Margins: 18.48%
  • Return on Equity: -618.56%
  • Return on Assets: 2.91%
  • Debt-to-Equity Ratio: -46.03%
  • Current Ratio: 0.31%
  • Quick Ratio: 0.29%
Additional Links:
Companies Related to Taubman Centers:

Analyst Ratings

Consensus Ratings for Taubman Centers (NYSE:TCO) (?)
Ratings Breakdown: 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $79.29 (15.64% upside)

Analysts' Ratings History for Taubman Centers (NYSE:TCO)
DateFirmActionRatingPrice TargetDetails
2/16/2017Morgan StanleyDowngradeOverweight -> Equal Weight$71.00View Rating Details
1/11/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$81.00 -> $77.00View Rating Details
12/23/2016MizuhoReiterated RatingBuyView Rating Details
12/20/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperformView Rating Details
8/31/2016Jefferies Group LLCBoost Price TargetHold$73.00 -> $78.00View Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
8/10/2016Credit Suisse GroupReiterated RatingBuy$85.00View Rating Details
8/5/2016Citigroup Inc.Boost Price TargetNeutral$76.00 -> $79.00View Rating Details
3/21/2016Evercore ISIBoost Price TargetHold$74.00 -> $76.00View Rating Details
1/27/2016Boenning ScattergoodInitiated CoverageNeutralView Rating Details
1/5/2016Deutsche Bank AGBoost Price TargetHold$75.00 -> $79.00View Rating Details
12/17/2015J P Morgan Chase & CoUpgradeNeutral -> Overweight$82.00 -> $86.00View Rating Details
11/9/2015KeyCorpReiterated RatingBuy$82.00 -> $86.00View Rating Details
10/14/2015Cowen and CompanyUpgradeMarket Perform -> Outperform$72.50 -> $95.00View Rating Details
9/17/2015Raymond James Financial, Inc.Initiated CoverageMarket PerformView Rating Details
9/8/2015Evercore Partners Inc.Lower Price TargetBuy$81.00 -> $78.00View Rating Details
(Data available from 2/23/2015 forward)


Earnings History for Taubman Centers (NYSE:TCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/9/2017Q416$0.40$1.01$160.88 million$166.19 millionViewListenView Earnings Details
11/1/2016Q316$0.90$0.94$149.43 million$148.02 millionViewN/AView Earnings Details
7/28/2016Q216$0.99$1.04$147.45 million$158.90 millionViewN/AView Earnings Details
5/2/2016Q116$0.85$0.84$139.81 million$139.46 millionViewN/AView Earnings Details
2/10/2016Q415$0.93$0.98$154.09 million$156.22 millionViewListenView Earnings Details
10/26/2015Q315$0.78$0.86$138.50 millionViewListenView Earnings Details
7/30/2015Q215$0.72$0.76$129.07 million$131.97 millionViewListenView Earnings Details
4/30/2015Q115$0.75$0.81$129.13 million$129.00 millionViewN/AView Earnings Details
2/12/2015Q414$0.84$1.00$155.73 million$211.80 millionViewN/AView Earnings Details
10/30/2014Q314$0.90$0.91$171.30 million$176.04 millionViewN/AView Earnings Details
7/30/2014Q214$0.81$0.86$168.14 million$170.00 millionViewN/AView Earnings Details
4/24/2014Q114$0.90$0.90$175.54 million$174.78 millionViewN/AView Earnings Details
2/11/2014Q413$1.07$1.11$208.37 million$211.77 millionViewN/AView Earnings Details
10/25/2013Q313$0.88$0.89$189.44 million$193.93 millionViewListenView Earnings Details
7/26/2013Q213$0.79$0.75$179.60 million$178.19 millionViewListenView Earnings Details
4/26/2013Q113$0.85$0.90$173.36 million$183.25 millionViewListenView Earnings Details
2/14/2013Q412$0.98$1.00$188.18 million$209.71 millionViewListenView Earnings Details
10/24/2012Q312$0.75$0.86$172.64 millionViewN/AView Earnings Details
7/26/2012$0.69$0.73ViewN/AView Earnings Details
4/26/2012$0.69$0.75ViewN/AView Earnings Details
10/20/2011$0.63$0.65ViewN/AView Earnings Details
7/19/2011$0.63$0.67ViewN/AView Earnings Details
4/20/2011$0.58$0.63ViewN/AView Earnings Details
2/10/2011$0.97$1.06ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Taubman Centers (NYSE:TCO)
Current Year EPS Consensus Estimate: $1.22 EPS
Next Year EPS Consensus Estimate: $1.46 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.83$0.92$0.86
Q2 20165$0.80$0.88$0.84
Q3 20163$0.87$0.90$0.88
Q4 20164$1.00$1.06$1.03
Q1 20172$0.84$0.85$0.85
Q2 20173$0.81$0.91$0.84
Q3 20173$0.93$1.04$0.98
Q4 20173$1.10$1.19$1.14
Q1 20182$0.93$1.07$1.00
Q2 20182$0.95$1.03$0.99
Q3 20182$1.10$1.11$1.11
Q4 20181$1.15$1.15$1.15
(Data provided by Zacks Investment Research)


Current Dividend Information for Taubman Centers (NYSE:TCO)
Annual Dividend:$2.38
Dividend Yield:3.47%
Dividend Growth:6.00% (3 Year Average)
Payout Ratio:135.23% (Based on Trailing 12 Months of Earnings)
195.08% (Based on Current Year Consensus EPS Estimate)
163.01% (Based on Next Year Consensus EPS Estimate)
Track Record:7 Years of Consecutive Dividend Growth

Dividend History for Taubman Centers (NYSE:TCO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Taubman Centers (NYSE:TCO)
Insider Ownership Percentage: 31.20%
Institutional Ownership Percentage: 99.87%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/22/2016Craig M HatkoffDirectorSell2,400$72.78$174,672.00View SEC Filing  
6/3/2016David A. WolffCAOSell794$70.06$55,627.64View SEC Filing  
3/21/2016Robert S TaubmanCEOBuy2,240$70.21$157,270.40View SEC Filing  
2/18/2016William S TaubmanCOOSell34,876$68.13$2,376,101.88View SEC Filing  
1/4/2016Lisa A PayneDirectorSell1,250$76.03$95,037.50View SEC Filing  
12/16/2015Lisa A PayneCFOSell1,250$75.00$93,750.00View SEC Filing  
11/2/2015Lisa A PayneCFOSell1,250$76.89$96,112.50View SEC Filing  
10/6/2015Lisa A PayneCFOSell2,500$75.00$187,500.00View SEC Filing  
6/1/2015Lisa A PayneCFOSell1,250$75.00$93,750.00View SEC Filing  
5/4/2015Lisa A PayneCFOSell1,250$75.00$93,750.00View SEC Filing  
4/1/2015Lisa A PayneCFOSell1,250$77.13$96,412.50View SEC Filing  
3/16/2015Robert S TaubmanCEOBuy7,100$78.61$558,131.00View SEC Filing  
3/13/2015William S TaubmanCOOBuy12,100$77.42$936,782.00View SEC Filing  
3/10/2015Lisa A PayneCFOSell1,250$75.00$93,750.00View SEC Filing  
3/2/2015Robert S TaubmanCEOBuy5,555$73.16$406,403.80View SEC Filing  
3/2/2015William S TaubmanCOOBuy3,365$73.16$246,183.40View SEC Filing  
2/2/2015Lisa A PayneCFOSell4,000$81.50$326,000.00View SEC Filing  
1/2/2015Lisa A PayneCFOSell4,000$76.60$306,400.00View SEC Filing  
12/1/2014Lisa A PayneCFOSell4,000$79.05$316,200.00View SEC Filing  
11/3/2014Lisa A PayneCFOSell4,000$76.27$305,080.00View SEC Filing  
10/1/2014Lisa A PayneCFOSell4,000$72.82$291,280.00View SEC Filing  
9/2/2014Lisa A PayneCFOSell4,000$76.19$304,760.00View SEC Filing  
8/1/2014Lisa A PayneCFOSell4,000$73.22$292,880.00View SEC Filing  
7/1/2014Lisa A PayneCFOSell4,000$75.63$302,520.00View SEC Filing  
6/2/2014Lisa A PayneCFOSell4,000$74.73$298,920.00View SEC Filing  
5/1/2014Lisa PayneCFOSell4,000$72.85$291,400.00View SEC Filing  
4/1/2014Lisa PayneCFOSell4,000$70.76$283,040.00View SEC Filing  
3/3/2014Lisa PayneCFOSell4,000$69.91$279,640.00View SEC Filing  
7/19/2013Lisa A PayneCFOSell4,500$80.00$360,000.00View SEC Filing  
6/3/2013Lisa A PayneCFOSell4,500$80.13$360,585.00View SEC Filing  
3/25/2013Robert R ReeseVPSell24,992$75.60$1,889,395.20View SEC Filing  
12/27/2012Stephen J KierasVPSell174,688$78.48$13,709,514.24View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Taubman Centers (NYSE:TCO)
News IconAnalysts Peer Into Their Crystal Balls For Taubman Centers, Inc. (NYSE:TCO): Where Is It headed? - Winfield Review (NYSE:TCO)
winfieldreview.com - February 21 at 4:47 PM
insidermonkey.com logoBillionaire Value Investor Michael Price Adds Specialty Retailer and a REIT to Its 13F Portfolio (NYSE:TCO)
www.insidermonkey.com - February 20 at 7:14 PM
seekingalpha.com logoSelling The Furniture To Heat The House (NYSE:TCO)
seekingalpha.com - February 17 at 7:09 PM
nasdaq.com logoOversold Conditions For Taubman Centers (TCO) (NYSE:TCO)
www.nasdaq.com - February 16 at 7:59 PM
us.rd.yahoo.com logoTaubman Centers downgraded by Morgan Stanley (NYSE:TCO)
us.rd.yahoo.com - February 16 at 7:59 PM
capitalcube.com logoTaubman Centers, Inc. :TCO-US: Earnings Analysis: Q4, 2016 By the Numbers : February 13, 2017 (NYSE:TCO)
us.rd.yahoo.com - February 15 at 6:23 AM
capitalcube.com logoTaubman Centers, Inc. :TCO-US: Earnings Analysis: 2016 By the Numbers : February 14, 2017 (NYSE:TCO)
www.capitalcube.com - February 15 at 6:23 AM
News IconWhat is the Sell-side Saying About Taubman Centers, Inc. (NYSE:TCO)? - Aiken Advocate (NYSE:TCO)
aikenadvocate.com - February 13 at 3:38 PM
seekingalpha.com logoMystery REIT Shopper: Taubman Centers - Seeking Alpha (NYSE:TCO)
seekingalpha.com - February 11 at 8:17 PM
finance.yahoo.com logoTaubman Centers (TCO) Q4 FFO Lags Estimates, Revenues Up (NYSE:TCO)
finance.yahoo.com - February 11 at 5:05 AM
finance.yahoo.com logoEdited Transcript of TCO earnings conference call or presentation 10-Feb-17 4:00pm GMT (NYSE:TCO)
finance.yahoo.com - February 11 at 5:05 AM
News IconWhat analysts think about Taubman Centers Inc’s (TCO) growth? (NYSE:TCO)
simplywall.st - February 10 at 5:57 AM
biz.yahoo.com logoQ4 2016 Taubman Centers Inc Earnings Release - After Market Close (NYSE:TCO)
us.rd.yahoo.com - February 10 at 5:57 AM
us.rd.yahoo.com logoTaubman Centers, Inc. Issues Fourth Quarter and Full Year 2016 Results and Introduces 2017 Guidance (NYSE:TCO)
us.rd.yahoo.com - February 10 at 5:57 AM
biz.yahoo.com logoTAUBMAN CENTERS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NYSE:TCO)
us.rd.yahoo.com - February 10 at 5:57 AM
sg.finance.yahoo.com logoTaubman reports 4Q results (NYSE:TCO)
sg.finance.yahoo.com - February 10 at 5:57 AM
marketexclusive.com logoTAUBMAN CENTERS, INC. (NYSE:TCO) Files An 8-K Entry into a Material Definitive Agreement (NYSE:TCO)
marketexclusive.com - February 8 at 7:01 AM
us.rd.yahoo.com logoTaubman Centers Announces the Amendment and Restatement of $1.1 Billion Line of Credit Including Additional $300 Million Unsecured Term Loan (NYSE:TCO)
us.rd.yahoo.com - February 8 at 7:01 AM
biz.yahoo.com logoTAUBMAN CENTERS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Ob (NYSE:TCO)
biz.yahoo.com - February 8 at 7:01 AM
thestreet.com logo2 REITs That Have Activist Investors in a Tizzy (NYSE:TCO)
realmoney.thestreet.com - February 8 at 7:01 AM
capitalcube.com logoTaubman Centers, Inc. : TCO-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : February 1, 2017 (NYSE:TCO)
www.capitalcube.com - February 2 at 5:48 AM
News IconStock Tracker: Earnings & Estimates for Taubman Centers, Inc. (NYSE:TCO) - Aiken Advocate (NYSE:TCO)
aikenadvocate.com - January 30 at 11:35 AM
News IconWhat's Ahead For This Dividend Darling: Taubman Centers, Inc. (NYSE:TCO) - Aiken Advocate (NYSE:TCO)
aikenadvocate.com - January 30 at 11:35 AM
seekingalpha.com logoLand And Buildings Letter To Taubman Centers - Seeking Alpha (NYSE:TCO)
seekingalpha.com - January 26 at 6:14 AM
News IconEarnings in Full Force, Analysts Take Aim at Taubman Centers, Inc. (NYSE:TCO) - Wall Street Beacon (NYSE:TCO)
wsbeacon.com - January 25 at 6:25 AM
streetinsider.com logoLand and Buildings Issues Open Letter to Taubman's (TCO) Board - StreetInsider.com (NYSE:TCO)
www.streetinsider.com - January 25 at 6:25 AM
finance.yahoo.com logo9:07 am Taubman Centers shareholder Land & Buildings issues letter to co's Board 'detailing Land and Buildings plan to help solve the Company's problems' (NYSE:TCO)
finance.yahoo.com - January 25 at 6:25 AM
News IconEarnings Analysis & Update for Taubman Centers, Inc. (NYSE:TCO)? - Aiken Advocate (NYSE:TCO)
aikenadvocate.com - January 23 at 11:20 PM
finance.yahoo.com logoTaubman Centers Announces Taxable Allocations of 2016 Common and Preferred Share Dividend Distributions (NYSE:TCO)
finance.yahoo.com - January 17 at 10:48 AM
seekingalpha.com logoTaubman Centers -0.45% after Goldman downgrade - Seeking Alpha (NYSE:TCO)
seekingalpha.com - January 13 at 9:38 PM
News IconTaubman lays off 19 amid lag in development projects (NYSE:TCO)
www.crainsdetroit.com - January 13 at 4:36 PM
finance.yahoo.com logoTaubman Centers downgraded by Goldman (NYSE:TCO)
finance.yahoo.com - January 12 at 2:19 AM
News IconTaubman Centers Inc. (TCO) stock slips, “Buy” rating reiterated by ... - BNB Daily (blog) (NYSE:TCO)
www.baseball-news-blog.com - January 9 at 1:18 AM
publicnow.com logoTaubman Schedules Fourth Quarter Earnings Release and Conference Call (NYSE:TCO)
www.publicnow.com - January 5 at 7:00 AM
capitalcube.com logoTaubman Centers, Inc. breached its 50 day moving average in a Bullish Manner : TCO-US : January 3, 2017 (NYSE:TCO)
www.capitalcube.com - January 3 at 9:21 AM
nasdaq.com logoBullish Two Hundred Day Moving Average Cross - TCO (NYSE:TCO)
www.nasdaq.com - December 30 at 10:49 PM
investornewswire.com logoTaubman Centers, Inc. (NYSE:TCO) Equity Price Target At $83 - Investor Newswire (NYSE:TCO)
www.investornewswire.com - December 30 at 1:51 AM
marketexclusive.com logoAnalyst Activity – Mizuho Reiterates Buy on Taubman Centers (NYSE:TCO) (NYSE:TCO)
marketexclusive.com - December 25 at 8:45 AM
marketexclusive.com logoAnalyst Activity – Mizuho Reiterates Buy on Taubman Centers (NYSE:TCO) - Market Exclusive (NYSE:TCO)
marketexclusive.com - December 24 at 7:31 PM
capitalcube.com logoTaubman Centers, Inc. breached its 50 day moving average in a Bearish Manner : TCO-US : December 23, 2016 (NYSE:TCO)
www.capitalcube.com - December 23 at 8:21 PM
News IconDavid S. Joseph Resigns as Executive Vice President of Leasing for Taubman; Taubman Asia’s Paul A. Wright to be Promoted to... (NYSE:TCO)
ih.advfn.com - December 22 at 3:58 AM
publicnow.com logoDavid S. Joseph Resigns as Executive Vice President of Leasing for Taubman; Taubman Asia’s Paul A. Wright to be Promoted to Executive Vice President, Global Head of Leasing (NYSE:TCO)
www.publicnow.com - December 22 at 3:58 AM
News IconTCO February 2017 Options Begin Trading (NYSE:TCO)
www.stockoptionschannel.com - December 19 at 10:50 AM
finance.yahoo.com logoLand and Buildings Comments on Transparently Reactive Corporate Governance Announcement by Taubman (NYSE:TCO)
finance.yahoo.com - December 17 at 2:48 AM
us.rd.yahoo.com logo9:55 am Taubman Centers shareholder Land & Buildings comments on the co's recent Board moves (NYSE:TCO)
us.rd.yahoo.com - December 17 at 2:48 AM
finance.yahoo.com logoTaubman Announces Appointments of Cia Buckley Marakovits to Board of Directors and Myron E. Ullman, III to Newly Created Role of Lead Director (NYSE:TCO)
finance.yahoo.com - December 16 at 5:29 AM
biz.yahoo.com logoTAUBMAN CENTERS INC Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statements (NYSE:TCO)
biz.yahoo.com - December 16 at 5:29 AM
insidermonkey.com logoShould You Buy Taubman Centers, Inc. (TCO)? - Insider Monkey (blog) (NYSE:TCO)
www.insidermonkey.com - December 14 at 5:46 AM
wsj.com logo[$$] Investor Land & Buildings Says Family's Stake in Taubman Centers May Violate Charter (NYSE:TCO)
www.wsj.com - December 14 at 5:46 AM
News IconFollowing the Charts on Shares of Taubman Centers Inc. (TCO) - StockTalk Daily (NYSE:TCO)
stocktalkdaily.com - December 12 at 8:46 AM


What is Taubman Centers' stock symbol?

Taubman Centers trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCO."

How often does Taubman Centers pay dividends? What is the dividend yield for Taubman Centers?

Taubman Centers announced a quarterly dividend on Friday, December 2nd. Investors of record on Thursday, December 15th will be paid a dividend of $0.595 per share on Friday, December 30th. This represents a $2.38 annualized dividend and a yield of 3.47%. The ex-dividend date of this dividend is Tuesday, December 13th.

Where is Taubman Centers' stock going? Where will Taubman Centers' stock price be in 2017?

9 brokers have issued twelve-month price objectives for Taubman Centers' stock. Their predictions range from $71.00 to $89.00. On average, they expect Taubman Centers' stock price to reach $79.29 in the next twelve months.

When will Taubman Centers announce their earnings?

Taubman Centers is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

Who owns Taubman Centers stock?

Taubman Centers' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.35%), FMR LLC (3.15%), Dimensional Fund Advisors LP (1.42%), Heitman Real Estate Securities LLC (0.47%), Renaissance Technologies LLC (0.00%) and Numeric Investors LLC (0.26%). Company insiders that own Taubman Centers stock include Craig M Hatkoff, David A Wolff, Lisa A Payne, Robert S Taubman and William S Taubman.

Who sold Taubman Centers stock? Who is selling Taubman Centers stock?

Taubman Centers' stock was sold by a variety of institutional investors in the last quarter, including Numeric Investors LLC, Renaissance Technologies LLC, State Street Corp, Asset Management One Co. Ltd., Guggenheim Capital LLC, AQR Capital Management LLC, Heitman Real Estate Securities LLC and Employees Retirement System of Texas. Company insiders that have sold Taubman Centers stock in the last year include Craig M Hatkoff and David A Wolff.

Who bought Taubman Centers stock? Who is buying Taubman Centers stock?

Taubman Centers' stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., Credit Agricole S A, Dimensional Fund Advisors LP, Keybank National Association OH, Thrivent Financial for Lutherans, Elkfork Partners LLC and Comerica Bank. Company insiders that have bought Taubman Centers stock in the last two years include Robert S Taubman and William S Taubman.

How do I buy Taubman Centers stock?

Shares of Taubman Centers can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Taubman Centers stock cost?

One share of Taubman Centers stock can currently be purchased for approximately $68.56.

Taubman Centers (NYSE:TCO) Chart for Thursday, February, 23, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Taubman Centers (NYSE:TCO)

Earnings History Chart

Earnings by Quarter for Taubman Centers (NYSE:TCO)

Dividend History Chart

Dividend Payments by Quarter for Taubman Centers (NYSE:TCO)

Last Updated on 2/23/2017 by MarketBeat.com Staff