Taubman Centers (TCO) Stock Price, News & Analysis

Taubman Centers, Inc. (NYSE:TCO) released its quarterly earnings data on Monday, November, 9th. The real estate investment trust reported ($0.49) EPS for the quarter, missing analysts' consensus estimates of $0.58 by $1.07. The real estate investment trust had revenue of $130.99 million for the quarter, compared to analyst estimates 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 company's quarterly revenue was down 19.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.86 earnings per share.

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.

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