Taubman Centers Stock Price, News & Analysis (NYSE:TCO)

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

Taubman Centers announced a -- dividend on Friday, September 6th. Shareholders of record on Monday, September 16th will be paid a dividend of $0.675 per share on Monday, September 30th. This represents a yield of 6.7%. The ex-dividend date of this dividend is Friday, September 13th. View Taubman Centers' Dividend History.

Taubman Centers, Inc. (NYSE:TCO) issued its earnings results on Thursday, July, 25th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.83 by $0.73. The real estate investment trust earned $161.60 million during the quarter, compared to analyst estimates of $162.17 million. Taubman Centers had a negative return on equity of 20.52% and a net margin of 9.68%. The company's revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.92 earnings per share. View Taubman Centers' Earnings History.

Taubman Centers is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Taubman Centers.

Taubman Centers will be holding an earnings conference call on Tuesday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Taubman Centers updated its FY19 earnings guidance on Thursday, July, 25th. The company provided earnings per share guidance of $3.64-$3.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.66.

9 Wall Street analysts have issued 1-year target prices for Taubman Centers' shares. Their forecasts range from $41.00 to $69.00. On average, they expect Taubman Centers' share price to reach $52.00 in the next year. This suggests a possible upside of 42.8% from the stock's current price. View Analyst Price Targets for Taubman Centers.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taubman Centers in the last year. There are currently 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Taubman Centers.

Media headlines about TCO stock have trended somewhat negative on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Taubman Centers earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Taubman Centers.

Some companies that are related to Taubman Centers include AGNC Investment (AGNC), Kimco Realty (KIM), Medical Properties Trust (MPW), CyrusOne (CONE), Store Capital (STOR), Gaming and Leisure Properties (GLPI), Lamar Advertising (LAMR), Apartment Investment and Management (AIV), Kilroy Realty (KRC), American Homes 4 Rent (AMH), Liberty Property Trust (LPT), Douglas Emmett (DEI), AmeriCold Realty Trust (COLD), Starwood Property Trust (STWD) and CubeSmart (CUBE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Taubman Centers investors own include Simon Property Group (SPG), Tanger Factory Outlet Centers (SKT), General Electric (GE), Blackstone Group (BX), Cisco Systems (CSCO), Netflix (NFLX), AbbVie (ABBV), Macerich (MAC), Alibaba Group (BABA) and Caterpillar (CAT).

Taubman Centers' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Pacer Advisors Inc. (0.04%), State of Alaska Department of Revenue (0.03%) and RB Capital Management LLC (0.01%). Company insiders that own Taubman Centers stock include Cornelia Connelly Marakovits, Craig M Hatkoff, David A Wolff, Jonathan Litt, Mayree C Clark, Michael J Embler, Robert S Taubman and William S Taubman. View Institutional Ownership Trends for Taubman Centers.

TCO stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Pacer Advisors Inc.. View Insider Buying and Selling for Taubman Centers.

TCO stock was bought by a variety of institutional investors in the last quarter, including RB Capital Management LLC. Company insiders that have bought Taubman Centers stock in the last two years include Cornelia Connelly Marakovits, Jonathan Litt, Mayree C Clark, Michael J Embler and Robert S Taubman. View Insider Buying and Selling for Taubman Centers.

Shares of TCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TCO stock can currently be purchased for approximately $36.41.

Taubman Centers has a market capitalization of $2.23 billion and generates $640.87 million in revenue each year. The real estate investment trust earns $83.49 million in net income (profit) each year or $3.83 on an earnings per share basis. Taubman Centers employs 450 workers across the globe.View Additional Information About Taubman Centers.

The official website for Taubman Centers is http://www.taubman.com/.

Taubman Centers' mailing address is 200 E LONG LAKE RD SUITE 300, BLOOMFIELD HILLS MI, 48304. The real estate investment trust can be reached via phone at 248-258-6800 or via email at [email protected]