Taubman Centers Company Profile (NYSE:TCO)

About Taubman Centers

Taubman 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: $76.48
50 Day Moving Average: $77.34
200 Day Moving Average: $73.32
52-Week Range: $60,394,000.00 - $63.32
Trailing P/E Ratio: 40.25
Foreward P/E Ratio: 19.46
P/E Growth: 2.85
Market Cap: $4.62B
Outstanding Shares: 60,394,000
Beta: 0.91

Profitability:

Net Margins: 21.45%
Return on Equity: 173.60%
Return on Assets: 3.50%

Debt:

Debt-to-Equity Ratio: -68.00%
Current Ratio: 0.42%
Quick Ratio: 0.42%

Additional Links:

Companies Related to Taubman Centers:

Consensus Ratings for Taubman Centers (NYSE:TCO) (?)

Ratings Breakdown:	6 Hold Ratings, 7 Buy Ratings
Consensus Rating:	Buy (Score: 2.54)
Consensus Price Target:	$83.55 (9.24% upside)

Analysts' Ratings History for Taubman Centers (NYSE:TCO)

Show:

Date	Firm	Action	Rating	Price Target
9/1/2016	Mizuho	Reiterated Rating	Buy	$89.00
8/31/2016	Jefferies Group	Boost Price Target	Hold	$73.00 -> $78.00
8/25/2016	BTIG Research	Initiated Coverage	Neutral
8/11/2016	Morgan Stanley	Set Price Target	Buy	$81.00
8/10/2016	Credit Suisse Group AG	Reiterated Rating	Buy	$85.00
8/5/2016	Citigroup Inc.	Boost Price Target	Neutral	$76.00 -> $79.00
5/2/2016	Oppenheimer Holdings Inc.	Reiterated Rating	Buy
3/21/2016	Evercore ISI	Boost Price Target	Hold	$74.00 -> $76.00
1/27/2016	Boenning Scattergood	Initiated Coverage	Neutral
1/5/2016	Deutsche Bank AG	Boost Price Target	Hold	$75.00 -> $79.00
12/17/2015	JPMorgan Chase & Co.	Upgrade	Neutral -> Overweight	$82.00 -> $86.00
11/9/2015	KeyCorp	Reiterated Rating	Buy	$82.00 -> $86.00
10/14/2015	Cowen and Company	Upgrade	Market Perform -> Outperform	$72.50 -> $95.00
9/17/2015	Raymond James Financial Inc.	Initiated Coverage	Market Perform
9/8/2015	Evercore Partners Inc.	Lower Price Target	Buy	$81.00 -> $78.00

(Data available from 9/25/2014 forward)

Earnings History for Taubman Centers (NYSE:TCO)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/24/2016
7/28/2016	Q216	$0.99	$1.04	$147.45 million	$158.90 million	View	N/A
5/2/2016	Q116	$0.85	$0.84	$139.81 million	$139.46 million	View	N/A
2/10/2016	Q415	$0.93	$0.98	$154.09 million	$156.22 million	View	Listen
10/26/2015	Q315	$0.78	$0.86	$138.50 million		View	Listen
7/30/2015	Q215	$0.72	$0.76	$129.07 million	$131.97 million	View	Listen
4/30/2015	Q115	$0.75	$0.81	$129.13 million	$129.00 million	View	N/A
2/12/2015	Q414	$0.84	$1.00	$155.73 million	$211.80 million	View	N/A
10/30/2014	Q314	$0.90	$0.91	$171.30 million	$176.04 million	View	N/A
7/30/2014	Q214	$0.81	$0.86	$168.14 million	$170.00 million	View	N/A
4/24/2014	Q114	$0.90	$0.90	$175.54 million	$174.78 million	View	N/A
2/11/2014	Q413	$1.07	$1.11	$208.37 million	$211.77 million	View	N/A
10/25/2013	Q313	$0.88	$0.89	$189.44 million	$193.93 million	View	Listen
7/26/2013	Q213	$0.79	$0.75	$179.60 million	$178.19 million	View	Listen
4/26/2013	Q113	$0.85	$0.90	$173.36 million	$183.25 million	View	Listen
2/14/2013	Q412	$0.98	$1.00	$188.18 million	$209.71 million	View	Listen
10/24/2012	Q312	$0.75	$0.86	$172.64 million		View	N/A
7/26/2012		$0.69	$0.73			View	N/A
4/26/2012		$0.69	$0.75			View	N/A
10/20/2011		$0.63	$0.65			View	N/A
7/19/2011		$0.63	$0.67			View	N/A
4/20/2011		$0.58	$0.63			View	N/A
2/10/2011		$0.97	$1.06			View	N/A

(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: $3.93 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	5	$0.83	$0.92	$0.86
Q2 2016	5	$0.80	$0.88	$0.84
Q3 2016	3	$0.87	$0.90	$0.88
Q4 2016	3	$1.03	$1.10	$1.07
Q1 2017	2	$0.91	$0.92	$0.92
Q2 2017	2	$0.84	$0.93	$0.89
Q3 2017	1	$1.00	$1.00	$1.00
Q4 2017	1	$1.14	$1.14	$1.14
Q1 2018	1	$1.02	$1.02	$1.02
Q2 2018	1	$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:	3.11%
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) 60.56% (Based on Next Year Consensus EPS Estimate)
Track Record:	6 Years of Consecutive Dividend Growth

Dividend History for Taubman Centers (NYSE:TCO)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
9/1/2016	quarterly	$0.60		9/13/2016	9/15/2016	9/30/2016
6/1/2016	quarterly	$0.60		6/13/2016	6/15/2016	6/30/2016
3/3/2016	quarterly	$0.60		3/11/2016	3/15/2016	3/31/2016
12/3/2015	quarterly	$0.57		12/11/2015	12/15/2015	12/31/2015
9/3/2015	quarterly	$0.57		9/11/2015	9/15/2015	9/30/2015
5/29/2015	quarterly	$0.57	2.99%	6/11/2015	6/15/2015	6/30/2015
3/10/2015	quarterly	$0.57	2.93%	3/18/2015	3/20/2015	3/31/2015
12/2/2014	special	$4.75	2.7%	12/11/2014	12/15/2014	12/31/2014
9/4/2014	quarterly	$0.54	2.81%	9/11/2014	9/15/2014	9/30/2014
5/22/2014	quarterly	$0.54	2.91%	6/12/2014	6/16/2014	6/30/2014
3/6/2014	quarterly	$0.54	3.12%	3/13/2014	3/17/2014	3/31/2014
12/4/2013	quarterly	$0.50	3.01%	12/12/2013	12/16/2013	12/31/2013
8/26/2013	quarterly	$0.50	2.92%	9/12/2013	9/16/2013	9/30/2013
5/29/2013	quarterly	$0.50	2.44%	6/12/2013	6/14/2013	6/28/2013
3/8/2013	quarterly	$0.50	2.57%	3/14/2013	3/18/2013	3/29/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Taubman Centers (NYSE:TCO)

Insider Ownership Percentage: 31.20%
Institutional Ownership Percentage: 96.95%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
6/3/2016	David A. Wolff	CAO	Sell	794	$70.06	$55,627.64
3/21/2016	Robert S Taubman	CEO	Buy	2,240	$70.21	$157,270.40
2/18/2016	William S Taubman	COO	Sell	34,876	$68.13	$2,376,101.88
1/4/2016	Lisa A Payne	Director	Sell	1,250	$76.03	$95,037.50
12/16/2015	Lisa A Payne	CFO	Sell	1,250	$75.00	$93,750.00
11/2/2015	Lisa A Payne	CFO	Sell	1,250	$76.89	$96,112.50
10/6/2015	Lisa A Payne	CFO	Sell	2,500	$75.00	$187,500.00
6/1/2015	Lisa A Payne	CFO	Sell	1,250	$75.00	$93,750.00
5/4/2015	Lisa A Payne	CFO	Sell	1,250	$75.00	$93,750.00
4/1/2015	Lisa A Payne	CFO	Sell	1,250	$77.13	$96,412.50
3/16/2015	Robert S Taubman	CEO	Buy	7,100	$78.61	$558,131.00
3/13/2015	William S Taubman	COO	Buy	12,100	$77.42	$936,782.00
3/10/2015	Lisa A Payne	CFO	Sell	1,250	$75.00	$93,750.00
3/2/2015	Robert S Taubman	CEO	Buy	5,555	$73.16	$406,403.80
3/2/2015	William S Taubman	COO	Buy	3,365	$73.16	$246,183.40
2/2/2015	Lisa A Payne	CFO	Sell	4,000	$81.50	$326,000.00
1/2/2015	Lisa A Payne	CFO	Sell	4,000	$76.60	$306,400.00
12/1/2014	Lisa A Payne	CFO	Sell	4,000	$79.05	$316,200.00
11/3/2014	Lisa A Payne	CFO	Sell	4,000	$76.27	$305,080.00
10/1/2014	Lisa A Payne	CFO	Sell	4,000	$72.82	$291,280.00
9/2/2014	Lisa A Payne	CFO	Sell	4,000	$76.19	$304,760.00
8/1/2014	Lisa A Payne	CFO	Sell	4,000	$73.22	$292,880.00
7/1/2014	Lisa A Payne	CFO	Sell	4,000	$75.63	$302,520.00
6/2/2014	Lisa A Payne	CFO	Sell	4,000	$74.73	$298,920.00
5/1/2014	Lisa Payne	CFO	Sell	4,000	$72.85	$291,400.00
4/1/2014	Lisa Payne	CFO	Sell	4,000	$70.76	$283,040.00
3/3/2014	Lisa Payne	CFO	Sell	4,000	$69.91	$279,640.00
7/19/2013	Lisa A Payne	CFO	Sell	4,500	$80.00	$360,000.00
6/3/2013	Lisa A Payne	CFO	Sell	4,500	$80.13	$360,585.00
3/25/2013	Robert R Reese	VP	Sell	24,992	$75.60	$1,889,395.20
12/27/2012	Stephen J Kieras	VP	Sell	174,688	$78.48	$13,709,514.24

(Data available from 1/1/2013 forward)

Latest Headlines for Taubman Centers (NYSE:TCO)

Date	Headline
	Were Analysts Bearish Taubman Centers, Inc. (NYSE:TCO) This Week? - Post News (NYSE:TCO) www.kentuckypostnews.com - September 21 at 7:06 PM
	Taubman Centers, Inc. Announces Quarterly Dividend of $0.60 ... - DailyQuint (NYSE:TCO) dailyquint.com - September 18 at 10:37 AM
	Taubman Centers : Schedules Third Quarter Earnings Release and Conference Call (NYSE:TCO) www.4-traders.com - September 15 at 11:17 AM
	Taubman Centers, Inc. (NYSE:TCO) Bullish Price Target At - Investor Newswire (NYSE:TCO) www.investornewswire.com - September 14 at 7:47 PM
	Taubman Centers Unit Opens Starfield Hanam in South Korea - Yahoo Finance (NYSE:TCO) finance.yahoo.com - September 14 at 7:47 PM
	Taubman Schedules Third Quarter Earnings Release and Conference Call (NYSE:TCO) www.publicnow.com - September 14 at 11:58 AM
	Peter J. Sharp will assume the position of President, Taubman Asia (NYSE:TCO) eprretailnews.com - September 13 at 10:33 AM
	What is the Sell-side Saying About Taubman Centers, Inc. (NYSE:TCO)? - Frisco Fastball (NYSE:TCO) friscofastball.com - September 12 at 7:08 PM
	TAUBMAN 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
	Brokerage Firm Ratings Update On Taubman Centers, Inc. (NYSE:TCO) - Investor Newswire (NYSE:TCO) www.investornewswire.com - September 12 at 10:37 AM
	Peter J. Sharp Named President of Taubman Asia - Business Wire (press release) (NYSE:TCO) www.businesswire.com - September 12 at 10:37 AM
	Peter J. Sharp Named President of Taubman Asia (NYSE:TCO) www.publicnow.com - September 12 at 10:37 AM
	Ex-Dividend Reminder: Simmons First National, Stewart Information Services and Taubman Centers (NYSE:TCO) www.nasdaq.com - September 11 at 10:39 AM
	Cash Dividend On The Way From Taubman Centers Series J Cumulative Redeemable Preferred Stock (NYSE:TCO) www.nasdaq.com - September 10 at 10:31 AM
	Taubman Asia and Shinsegae Group Celebrate the Opening of Starfield Hanam Shopping Center Today (NYSE:TCO) www.publicnow.com - September 9 at 10:28 AM
	Taubman Centers to Present at the Bank of America Merrill Lynch 2016 Global Real Estate Conference (NYSE:TCO) www.publicnow.com - September 7 at 11:26 AM
	Taubman Centers, Inc. declares regular quarterly dividend of $0.595 per share of common stock (NYSE:TCO) eprretailnews.com - September 2 at 11:55 AM
	Taubman Centers Declares Common and Preferred Dividends (NYSE:TCO) www.publicnow.com - September 1 at 7:35 PM
	Taubman Named As a 2016 Cool Place to Work in Michigan (NYSE:TCO) www.publicnow.com - September 1 at 7:35 PM
	BTIG Research Starts Coverage on Taubman Centers, Inc. (TCO) With A Rating Of "Neutral" - Finance Daily (NYSE:TCO) www.fidaily.com - August 31 at 10:58 AM
	Taubman (TCO) Opens Overhauled International Market Place (NYSE:TCO) finance.yahoo.com - August 29 at 10:50 AM
	BTIG Research Initiates Coverage at Taubman Centers Inc. (NYSE: TCO) - BNB Daily (blog) (NYSE:TCO) www.baseball-news-blog.com - August 26 at 7:21 PM
	International Market Place Celebrates Grand Opening Today in Waikīkī (NYSE:TCO) finance.yahoo.com - August 25 at 7:59 PM
	Taubman Centers, Inc. (NYSE:TCO) - The Sell-Side Views in Focus - Post News (NYSE:TCO) www.kentuckypostnews.com - August 23 at 12:14 PM
	Better Buy: Tanger Factory Outlet Versus Taubman Centers (NYSE:TCO) finance.yahoo.com - August 22 at 10:47 AM
	How the Crowd & Sell-side View Taubman Centers, Inc. (NYSE:TCO) Shares - Post News (NYSE:TCO) www.kentuckypostnews.com - August 19 at 7:38 PM
	A look at Estimates for Taubman Centers, Inc. (NYSE:TCO) - Post News (NYSE:TCO) www.kentuckypostnews.com - August 18 at 10:49 AM
	What are Analysts Expecting for Taubman Centers, Inc. (NYSE:TCO) Earnings? - Post News (NYSE:TCO) www.kentuckypostnews.com - August 17 at 8:04 PM
	Shares of Taubman Centers (TCO) Sees Large Outflow of Money (NYSE:TCO) www.tradecalls.org - August 10 at 10:52 AM
	Taubman Centers, Inc. :TCO-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:TCO) www.capitalcube.com - August 10 at 10:52 AM
	TAUBMAN CENTERS INC Financials (NYSE:TCO) finance.yahoo.com - August 4 at 8:11 PM
	Taubman Centers Inc. (TCO) is Trading Higher on Unusual Volume for August 01 - Equities.com (NYSE:TCO) www.equities.com - August 3 at 11:01 AM
	Taubman Centers, Inc. (NYSE:TCO) nearing 52-week high, short interest decreasing - Street Report (NYSE:TCO) www.streetreport.co - August 2 at 10:40 AM
	Edited Transcript of TCO earnings conference call or presentation 29-Jul-16 2:00pm GMT (NYSE:TCO) finance.yahoo.com - July 30 at 10:51 PM
	Taubman Centers' (TCO) CEO Robert Taubman on Q2 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:TCO) seekingalpha.com - July 30 at 6:56 PM
	TAUBMAN CENTERS : Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) (NYSE:TCO) www.4-traders.com - July 29 at 7:58 PM
	TAUBMAN CENTERS INC Files SEC form 10-Q, Quarterly Report (NYSE:TCO) biz.yahoo.com - July 29 at 12:29 PM
	It's Earnings Time: What to Do with Taubman Centers, Inc. (NYSE:TCO) Stock - The Voice Registrar (NYSE:TCO) voiceregistrar.com - July 29 at 10:46 AM
	Taubman Centers (TCO) Q2 FFO & Revenues Beat, Up Y/Y (NYSE:TCO) finance.yahoo.com - July 29 at 8:54 AM
	Taubman Centers, Inc. Issues Second Quarter Results (NYSE:TCO) www.enhancedonlinenews.com - July 28 at 7:59 PM
	Taubman Centers : reports 2Q results (NYSE:TCO) www.4-traders.com - July 28 at 7:59 PM
	Taubman reports 2Q results (NYSE:TCO) sg.finance.yahoo.com - July 28 at 6:44 PM
	Q2 2016 Taubman Centers Inc Earnings Release - After Market Close (NYSE:TCO) biz.yahoo.com - July 28 at 7:07 AM
	Retail REITs Q2 Earnings to Watch on Jul 28: CBL, KRG & More (NYSE:TCO) finance.yahoo.com - July 27 at 9:50 AM
	Why Earnings Season Could Be Great for Taubman Centers (TCO) (NYSE:TCO) finance.yahoo.com - July 27 at 8:36 AM
	Is Essex Property (ESS) Set to Beat This Earnings Season? (NYSE:TCO) www.nasdaq.com - July 26 at 8:12 PM
	Kimco Realty (KIM) Q2 Earnings: What's in Store for Stock? (NYSE:TCO) www.nasdaq.com - July 25 at 7:58 PM
	Transmetro Corp. Ltd. :TCO-AU: Earnings Analysis: For the six months ended December 31, 2015 : July 25, 2016 (NYSE:TCO) www.capitalcube.com - July 25 at 2:52 AM
	Stock Up Nicely This Week: Taubman Centers, Inc. (NYSE:TCO) - TGP (NYSE:TCO) telanaganapress.com - July 23 at 11:31 AM
	Shinko Asset Management Co., Ltd. Adjusts Its Investment in Taubman Centers, Inc. Common St (TCO) Last Quarter - Finance Daily (NYSE:TCO) www.fidaily.com - July 22 at 7:34 PM