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: $74.33
  • 50 Day Moving Average: $74.23
  • 200 Day Moving Average: $73.65
  • 52-Week Range: $63.32 - $81.68
  • Trailing P/E Ratio: 39.12
  • Foreward P/E Ratio: 19.01
  • P/E Growth: 2.67
  • Market Cap: $4.49B
  • Outstanding Shares: 60,394,000
  • Beta: 0.84
  • Net Margins: 21.45%
  • Return on Equity: 173.60%
  • Return on Assets: 3.50%
  • Debt-to-Equity Ratio: -68.00%
  • Current Ratio: 0.42%
  • Quick Ratio: 0.42%
Additional Links:
Companies Related to Taubman Centers:

Analyst Ratings

Consensus Ratings for Taubman Centers (NYSE:TCO) (?)
Ratings Breakdown: 6 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $82.82 (11.42% upside)

Analysts' Ratings History for Taubman Centers (NYSE:TCO)
DateFirmActionRatingPrice TargetDetails
9/28/2016Goldman Sachs Group Inc.UpgradeNeutral -> Buy$79.00 -> $87.00View Rating Details
9/1/2016MizuhoReiterated RatingBuy$89.00View Rating Details
8/31/2016Jefferies GroupBoost Price TargetHold$73.00 -> $78.00View Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
8/11/2016Morgan StanleySet Price TargetBuy$81.00View Rating Details
8/10/2016Credit Suisse Group AGReiterated RatingBuy$85.00View Rating Details
8/5/2016Citigroup Inc.Boost Price TargetNeutral$76.00 -> $79.00View Rating Details
5/2/2016Oppenheimer Holdings Inc.Reiterated RatingBuyView 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
12/17/2015JPMorgan Chase & Co.UpgradeNeutral -> 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 10/24/2014 forward)


Earnings History for Taubman Centers (NYSE:TCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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: $3.75 EPS
Next Year EPS Consensus Estimate: $3.91 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 20163$1.03$1.10$1.07
Q1 20172$0.91$0.92$0.92
Q2 20172$0.84$0.93$0.89
Q3 20171$1.00$1.00$1.00
Q4 20171$1.14$1.14$1.14
Q1 20181$1.02$1.02$1.02
Q2 20181$1.01$1.01$1.01
(Data provided by Zacks Investment Research)


Current Dividend Information for Taubman Centers (NYSE:TCO)
Annual Dividend:$2.38
Dividend Yield:3.20%
Dividend Growth:6.90% (3 Year Average)
Payout Ratio:126.60% (Based on Trailing 12 Months of Earnings)
63.47% (Based on Current Year Consensus EPS Estimate)
60.87% (Based on Next Year Consensus EPS Estimate)
Track Record:6 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: 96.95%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)
finance.yahoo.com logo9:02 am Taubman Centers: Land & Buildings issues letter to shareholders regarding violation of the charter in relation to the co's reduced Board size (NYSE:TCO)
finance.yahoo.com - October 24 at 7:17 PM
bizjournals.com logoActivist investor alleges outlet owner's actions may cause DOJ investigation (NYSE:TCO)
www.bizjournals.com - October 24 at 7:17 PM
finance.yahoo.com logoLand & Buildings Founder: Taubman Has 'Tremendous' Upside (NYSE:TCO)
finance.yahoo.com - October 24 at 7:17 PM
thestreet.com logoActivist Investor Jonathan Litt Discusses Letter to Taubman Center (TCO) (NYSE:TCO)
www.thestreet.com - October 24 at 7:17 PM
reuters.com logoBRIEF-Land and Buildings issues letter to Taubman shareholders regarding violation of company's charter (NYSE:TCO)
www.reuters.com - October 24 at 10:43 AM
News IconTaubman Centers, Inc. replies to Land & Buildings Investment Management, LLC (NYSE:TCO)
eprretailnews.com - October 22 at 11:39 AM
nasdaq.com logoTaubman Centers Breaks Above 200-Day Moving Average - Bullish for TCO - Nasdaq (NYSE:TCO)
www.nasdaq.com - October 21 at 7:39 PM
rttnews.com logoTaubman Centers Inc. (TCO) Jumped After Letter From Activist Hedge Fund - RTT News (NYSE:TCO)
www.rttnews.com - October 21 at 7:39 PM
capitalcube.com logoTaubman Centers, Inc. : TCO-US: Dividend Analysis : September 15th, 2016 (record date) : By the numbers : October 21, 2016 (NYSE:TCO)
www.capitalcube.com - October 21 at 7:39 PM
bizjournals.com logoActivist investor pushes for big changes for owner of International Plaza (NYSE:TCO)
www.bizjournals.com - October 20 at 7:53 PM
rttnews.com logoTaubman Centers Inc. (TCO) Jumped After Letter From Activist Hedge Fund (NYSE:TCO)
www.rttnews.com - October 20 at 12:46 PM
streetinsider.com logoTaubman Centers (TCO) Issues Reponse to Land & Buildings Investment Management (NYSE:TCO)
www.streetinsider.com - October 19 at 7:14 PM
nasdaq.com logoTaubman Centers Breaks Above 200-Day Moving Average - Bullish for TCO (NYSE:TCO)
www.nasdaq.com - October 19 at 7:14 PM
rttnews.com logoTaubman Centers Inc. (TCO) Is Up Sharply After Letter From Activist (NYSE:TCO)
www.rttnews.com - October 19 at 7:14 PM
publicnow.com logoTaubman Centers Issues Statement in Response to Land & Buildings (NYSE:TCO)
www.publicnow.com - October 19 at 7:14 PM
streetinsider.com logoLand & Buildings Sends Open Letter to Taubman Centers (TCO); Calls for Unlocking Additional Shareholder Value - StreetInsider.com (NYSE:TCO)
www.streetinsider.com - October 19 at 10:38 AM
finance.yahoo.com logoTaubman Climbs After Activist Asks Company to Consider a Sale (NYSE:TCO)
finance.yahoo.com - October 19 at 10:38 AM
seekingalpha.com logoActivist looks to shake up Taubman Centers (NYSE:TCO)
seekingalpha.com - October 19 at 5:13 AM
wsj.com logo[$$] Investor Calls on Taubman Centers to Tighten Up or Explore Sale (NYSE:TCO)
www.wsj.com - October 18 at 7:27 PM
News IconStock Tracker: Earnings & Estimates for Taubman Centers, Inc. (NYSE:TCO) - CSZ News (NYSE:TCO)
cincysportszone.com - October 17 at 10:28 AM
News IconTaubman Centers, Inc. (NYSE:TCO) Updated Broker Price Targets - The De Soto Edge (NYSE:TCO)
www.desotoedge.com - October 16 at 7:23 PM
News IconIs this Large Market Cap Stock target price reasonable for Taubman ... - The Daily Leicester (NYSE:TCO)
thedailyleicester.com - October 16 at 10:40 AM
News IconUpdate on Taubman Centers, Inc. (NYSE:TCO) for the day (NYSE:TCO)
twincountynews.com - October 15 at 10:43 AM
News IconIt's Earnings Time: What to Do with Taubman Centers, Inc. (NYSE:TCO) Stock - The Voice Registrar (NYSE:TCO)
voiceregistrar.com - October 14 at 10:55 AM
News IconPrice Target Watch on Taubman Centers, Inc. (NYSE:TCO) - Recall News (NYSE:TCO)
www.automobile-recalls.net - October 13 at 7:49 PM
News IconNotable SEC Filing: Long Pond Capital LP Raised Stake in Taubman Ctrs INC (TCO) as Share Price Rose - Chester News (NYSE:TCO)
www.chesterindependent.com - October 13 at 7:49 PM
News IconLatest Analyst Ratings For Taubman Centers, Inc. (NYSE:TCO) - The ... - The De Soto Edge (NYSE:TCO)
www.desotoedge.com - October 10 at 7:02 PM
News IconEarnings Analysis & Update for Taubman Centers, Inc. (NYSE:TCO)? - CSZ News (NYSE:TCO)
cincysportszone.com - October 10 at 7:02 PM
News IconBroker Changes For Taubman Centers, Inc. (NYSE:TCO) - NewsDen - NewsDen (NYSE:TCO)
newsden.net - October 10 at 10:23 AM
News IconStock Dipping Under The Trend Line: Taubman Centers, Inc. (NYSE:TCO) - Recall News (NYSE:TCO)
www.automobile-recalls.net - October 6 at 7:21 PM
News IconOwnership Action Don't Lie: Institutional Investors Lead Shift in ... - Post News (NYSE:TCO)
www.kentuckypostnews.com - October 6 at 7:21 PM
bizjournals.com logoBlue Martini could be replaced by new restaurant at International Plaza (NYSE:TCO)
www.bizjournals.com - October 1 at 6:38 PM
News IconBroker Roundup For Taubman Centers, Inc. (NYSE:TCO) - The De Soto Edge (NYSE:TCO)
desotoedge.com - September 30 at 6:55 PM
investornewswire.com logoEPS Forecast For Taubman Centers, Inc. (NYSE:TCO) At $1.01 - Investor Newswire (NYSE:TCO)
www.investornewswire.com - September 30 at 6:55 PM
benzinga.com logoBuy Taubman Centers On Mall Portfolio Strength, According To Goldman Sachs - Benzinga (NYSE:TCO)
www.benzinga.com - September 30 at 6:55 PM
biz.yahoo.com logoTAUBMAN CENTERS INC Files SEC form 8-K, Change in Directors or Principal Officers, Other Events (NYSE:TCO)
biz.yahoo.com - September 30 at 6:55 PM
finance.yahoo.com logoTaubman Centers upgraded by Goldman (NYSE:TCO)
finance.yahoo.com - September 28 at 7:21 PM
feeds.benzinga.com logoBuy Taubman Centers On Mall Portfolio Strength, According To Goldman Sachs (NYSE:TCO)
feeds.benzinga.com - September 28 at 9:01 AM
News IconEarnings According to Analysts for Taubman Centers, Inc. (NYSE:TCO)? - Frisco Fastball (NYSE:TCO)
friscofastball.com - September 25 at 10:44 AM
News IconWere Analysts Bearish Taubman Centers, Inc. (NYSE:TCO) This Week? - Post News (NYSE:TCO)
www.kentuckypostnews.com - September 21 at 7:06 PM
News IconTaubman Centers, Inc. Announces Quarterly Dividend of $0.60 ... - DailyQuint (NYSE:TCO)
dailyquint.com - September 18 at 10:37 AM
4-traders.com logoTaubman Centers : Schedules Third Quarter Earnings Release and Conference Call (NYSE:TCO)
www.4-traders.com - September 15 at 11:17 AM
investornewswire.com logoTaubman Centers, Inc. (NYSE:TCO) Bullish Price Target At - Investor Newswire (NYSE:TCO)
www.investornewswire.com - September 14 at 7:47 PM
finance.yahoo.com logoTaubman Centers Unit Opens Starfield Hanam in South Korea - Yahoo Finance (NYSE:TCO)
finance.yahoo.com - September 14 at 7:47 PM
publicnow.com logoTaubman Schedules Third Quarter Earnings Release and Conference Call (NYSE:TCO)
www.publicnow.com - September 14 at 11:58 AM
News IconPeter J. Sharp will assume the position of President, Taubman Asia (NYSE:TCO)
eprretailnews.com - September 13 at 10:33 AM
News IconWhat is the Sell-side Saying About Taubman Centers, Inc. (NYSE:TCO)? - Frisco Fastball (NYSE:TCO)
friscofastball.com - September 12 at 7:08 PM
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 - September 12 at 7:08 PM
investornewswire.com logoBrokerage Firm Ratings Update On Taubman Centers, Inc. (NYSE:TCO) - Investor Newswire (NYSE:TCO)
www.investornewswire.com - September 12 at 10:37 AM
businesswire.com logoPeter J. Sharp Named President of Taubman Asia - Business Wire (press release) (NYSE:TCO)
www.businesswire.com - September 12 at 10:37 AM


Taubman Centers (NYSE:TCO) Chart for Monday, October, 24, 2016

Last Updated on 10/24/2016 by MarketBeat.com Staff