Taubman Centers Company Profile (NYSE:TCO)

About Taubman Centers (NYSE:TCO)

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 (the Operating Partnership or TRG) is majority-owned partnership subsidiary of the Company that owns direct or indirect interests in all of its real estate properties. The Company owns, leases, acquires, disposes of, develops, expands and manages regional and super-regional shopping centers and interests therein. Its owned portfolio of operating centers as of December 31, 2016 consisted of 23 urban and suburban shopping centers operating in 11 the United States states, Puerto Rico, South Korea, and China. 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).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Retail REITs
  • Sub-Industry: Retail REITs
  • Symbol: NYSE:TCO
  • CUSIP: 87666410
  • Web: www.taubman.com
  • Market Cap: $3.08266 billion
  • Outstanding Shares: 60,710,000
Average Prices:
  • 50 Day Moving Avg: $51.01
  • 200 Day Moving Avg: $57.57
  • 52 Week Range: $48.77 - $78.65
  • Trailing P/E Ratio: 38.55
  • Foreward P/E Ratio: 12.79
  • P/E Growth: 7.91
Sales & Book Value:
  • Annual Revenue: $606.47 million
  • Price / Sales: 4.99
  • Book Value: $0.63 per share
  • Price / Book: 79.19
  • Annual Dividend: $2.50
  • Dividend Yield: 4.9%
  • EBITDA: $311.97 million
  • Net Margins: 14.71%
  • Return on Equity: -110.46%
  • Return on Assets: 2.25%
  • Debt-to-Equity Ratio: -27.72%
  • Current Ratio: 0.33%
  • Quick Ratio: 0.33%
  • Average Volume: 611,559 shs.
  • Beta: 0.5
  • Short Ratio: 3.66

Frequently Asked Questions for Taubman Centers (NYSE:TCO)

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 declared a quarterly dividend on Friday, September 1st. Shareholders of record on Friday, September 15th will be given a dividend of $0.625 per share on Friday, September 29th. This represents a $2.50 annualized dividend and a yield of 5.01%. The ex-dividend date of this dividend is Thursday, September 14th. View Taubman Centers' Dividend History.

How were Taubman Centers' earnings last quarter?

Taubman Centers, Inc. (NYSE:TCO) issued its earnings results on Thursday, July, 27th. The company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.02. The company earned $154.68 million during the quarter, compared to the consensus estimate of $142.16 million. Taubman Centers had a net margin of 14.71% and a negative return on equity of 110.46%. The firm's revenue was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.04 earnings per share. View Taubman Centers' Earnings History.

When will Taubman Centers make its next earnings announcement?

Taubman Centers is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Taubman Centers.

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

10 equities research analysts have issued 1-year price targets for Taubman Centers' shares. Their predictions range from $56.00 to $79.00. On average, they expect Taubman Centers' stock price to reach $66.17 in the next year. View Analyst Ratings for Taubman Centers.

Who are some of Taubman Centers' key competitors?

Who are Taubman Centers' key executives?

Taubman Centers' management team includes the folowing people:

  • Robert S. Taubman, Chairman of the Board, President and Chief Executive Officer
  • Simon J. Leopold, Chief Financial Officer, Executive Vice President, Treasurer
  • Peter John Sharp, President, Taubman Asia
  • Rene Tremblay, Chairman, Taubman Asia
  • William Stuart Taubman, Chief Operating Officer, Director
  • David A. Wolff, Chief Accounting Officer, Vice President , Manager
  • Stephen J. Kieras, Executive Vice President, Development of The Taubman Company LLC
  • Myron E. Ullman III, Lead Independent Director
  • Graham T. Allison Ph.D., Independent Director
  • Cia Buckley Marakovits, Independent Director

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.

What is Taubman Centers' stock price today?

One share of Taubman Centers stock can currently be purchased for approximately $49.89.

MarketBeat Community Rating for Taubman Centers (NYSE TCO)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  468
MarketBeat's community ratings are surveys of what our community members think about Taubman Centers and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Taubman Centers (NYSE:TCO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.10)
Consensus Price Target: $66.17 (32.63% upside)
Consensus Price Target History for Taubman Centers (NYSE:TCO)
Price Target History for Taubman Centers (NYSE:TCO)
Analysts' Ratings History for Taubman Centers (NYSE:TCO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/13/2017Jefferies Group LLCReiterated RatingHold -> NeutralN/AView Rating Details
9/26/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$64.00 -> $57.00HighView Rating Details
9/18/2017Morgan StanleyDowngradeEqual Weight -> UnderweightHighView Rating Details
9/11/2017BMO Capital MarketsInitiated CoverageUnderperformLowView Rating Details
7/31/2017Boenning ScattergoodReiterated RatingHoldMediumView Rating Details
6/28/2017KeyCorpLower Price TargetOverweight$85.00 -> $79.00HighView Rating Details
5/22/2017Deutsche Bank AGBoost Price TargetHold$68.00 -> $71.00MediumView Rating Details
1/11/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$81.00 -> $77.00N/AView Rating Details
12/23/2016MizuhoReiterated RatingBuyN/AView Rating Details
12/20/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperformN/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
8/10/2016Credit Suisse GroupReiterated RatingBuy$85.00N/AView Rating Details
8/5/2016Citigroup Inc.Boost Price TargetNeutral$76.00 -> $79.00N/AView Rating Details
3/21/2016Evercore ISIBoost Price TargetHold$74.00 -> $76.00N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for Taubman Centers (NYSE:TCO)
Earnings by Quarter for Taubman Centers (NYSE:TCO)
Earnings History by Quarter for Taubman Centers (NYSE TCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017N/AView Earnings Details
7/27/2017Q2 2017$0.84$0.86$142.16 million$154.68 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.89$0.85$146.28 million$149.10 millionViewN/AView Earnings Details
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$142.42 million$139.98 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)
2017 EPS Consensus Estimate: $3.69
2018 EPS Consensus Estimate: $4.18
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.84$0.85$0.84
Q2 20174$0.81$0.91$0.84
Q3 20174$0.87$1.04$0.94
Q4 20174$0.96$1.19$1.06
Q1 20182$0.96$1.07$1.02
Q2 20182$0.99$1.03$1.01
Q3 20182$1.01$1.11$1.06
Q4 20181$1.09$1.09$1.09
(Data provided by Zacks Investment Research)


Current Dividend Information for Taubman Centers (NYSE:TCO)
Most Recent Dividend:9/29/2017
Annual Dividend:$2.50
Dividend Yield:5.01%
Dividend Growth:6.00% (3 Year Average)
Payout Ratio:193.80% (Trailing 12 Months of Earnings)
67.39% (Based on This Year's Estimates)
64.10% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Taubman Centers (NYSE:TCO)

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

Insider Trades

Insider Trading and Institutional Ownership History for Taubman Centers (NYSE:TCO)
Insider Ownership Percentage: 31.20%
Insider Trades by Quarter for Taubman Centers (NYSE:TCO)
Institutional Ownership by Quarter for Taubman Centers (NYSE:TCO)
Insider Trades by Quarter for Taubman Centers (NYSE:TCO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/9/2017Myron E Ullman IIIDirectorBuy12,325$56.90$701,292.50View SEC Filing  
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)


Headline Trends for Taubman Centers (NYSE:TCO)
Latest Headlines for Taubman Centers (NYSE:TCO)
finance.yahoo.com logoTaubman Announces Reopening Date for The Mall of San Juan, Kicks Off Year-Long Community Service Initiative
finance.yahoo.com - October 18 at 9:24 AM
americanbankingnews.com logoFY2017 EPS Estimates for Taubman Centers, Inc. Decreased by Analyst (TCO)
www.americanbankingnews.com - October 16 at 3:22 AM
americanbankingnews.com logoTaubman Centers, Inc. (TCO) Receives Neutral Rating from Jefferies Group LLC
www.americanbankingnews.com - October 14 at 7:40 AM
americanbankingnews.com logoEquities Analysts Offer Predictions for Taubman Centers, Inc.'s Q3 2017 Earnings (TCO)
www.americanbankingnews.com - October 13 at 5:52 AM
bizjournals.com logoSeveral malls to close on Thanksgiving
www.bizjournals.com - October 11 at 3:44 PM
finance.yahoo.com logoTaubman Centers, Inc. : TCO-US: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : October 5, 2017
finance.yahoo.com - October 6 at 11:05 AM
finance.yahoo.com logoTaubman Schedules Third Quarter Earnings Release and Conference Call
finance.yahoo.com - October 6 at 11:05 AM
americanbankingnews.com logo Brokerages Anticipate Taubman Centers, Inc. (TCO) Will Announce Quarterly Sales of $150.32 Million
www.americanbankingnews.com - October 4 at 3:22 AM
americanbankingnews.com logoTaubman Centers (TCO) & Wheeler Real Estate Investment Trust (WHLR) Head-To-Head Review
www.americanbankingnews.com - October 3 at 8:26 AM
americanbankingnews.com logo Brokerages Expect Taubman Centers, Inc. (TCO) to Announce $0.91 EPS
www.americanbankingnews.com - October 2 at 8:12 PM
americanbankingnews.com logoTaubman Centers, Inc. (TCO) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - October 1 at 6:42 AM
americanbankingnews.com logoReviewing Taubman Centers (TCO) & Brixmor Property Group (BRX)
www.americanbankingnews.com - September 30 at 8:31 AM
americanbankingnews.com logoCritical Contrast: Taubman Centers (TCO) & Pennsylvania Real Estate Investment Trust (PEI)
www.americanbankingnews.com - September 29 at 8:22 PM
americanbankingnews.com logoHead to Head Survey: Taubman Centers (TCO) and The Competition
www.americanbankingnews.com - September 24 at 2:18 AM
thestreet.com logoInteresting TCO Put And Call Options For November 17th
www.thestreet.com - September 19 at 8:21 AM
thestreet.com logoInteresting TCO Put And Call Options For November 17th
www.thestreet.com - September 19 at 8:21 AM
finance.yahoo.com logoMall REITs: What's Up New Jersey?
finance.yahoo.com - September 19 at 8:21 AM
americanbankingnews.com logoMorgan Stanley Downgrades Taubman Centers, Inc. (TCO) to Underweight
www.americanbankingnews.com - September 18 at 9:01 AM
americanbankingnews.com logoTaubman Centers, Inc. (TCO) Coverage Initiated at BMO Capital Markets
www.americanbankingnews.com - September 11 at 9:32 PM
finance.yahoo.com logoTaubman Centers to Present at the Bank of America Merrill Lynch 2017 Global Real Estate Conference
finance.yahoo.com - September 7 at 9:49 AM
americanbankingnews.com logoTaubman Centers, Inc. (TCO) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 6 at 6:40 AM
americanbankingnews.com logoTaubman Centers, Inc. (TCO) Declares $0.63 Quarterly Dividend
www.americanbankingnews.com - September 1 at 12:50 PM
americanbankingnews.com logo Analysts Expect Taubman Centers, Inc. (TCO) Will Post Quarterly Sales of $150.02 Million
www.americanbankingnews.com - August 28 at 3:16 AM
americanbankingnews.com logoJefferies Group Comments on Taubman Centers, Inc.'s FY2017 Earnings (TCO)
www.americanbankingnews.com - August 28 at 2:28 AM
americanbankingnews.com logoTaubman Centers, Inc. (TCO) Expected to Post Earnings of $0.93 Per Share
www.americanbankingnews.com - August 26 at 6:20 PM
americanbankingnews.com logoBrokers Issue Forecasts for Taubman Centers, Inc.'s Q3 2017 Earnings (TCO)
www.americanbankingnews.com - August 25 at 7:48 AM
finance.yahoo.com logoInternational Market Place Unveils Statue Honoring Legendary Hawaiian Musician and Entertainer Don Ho
finance.yahoo.com - August 15 at 7:35 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Taubman Centers Inc.
finance.yahoo.com - August 13 at 6:48 AM
americanbankingnews.com logoTaubman Centers, Inc. (TCO) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - August 12 at 6:30 AM
americanbankingnews.com logoTaubman Centers, Inc. (TCO) Director Myron E. Ullman III Acquires 12,325 Shares
www.americanbankingnews.com - August 11 at 1:22 PM
americanbankingnews.com logo$150.02 Million in Sales Expected for Taubman Centers, Inc. (NYSE:TCO) This Quarter
www.americanbankingnews.com - August 10 at 2:38 PM
americanbankingnews.com logoQ3 2017 Earnings Forecast for Taubman Centers, Inc. Issued By Boenning Scattergood (NYSE:TCO)
www.americanbankingnews.com - August 2 at 7:32 AM
americanbankingnews.com logoBrokers Issue Forecasts for Taubman Centers, Inc.'s Q4 2017 Earnings (TCO)
www.americanbankingnews.com - August 1 at 11:57 AM
americanbankingnews.com logoTaubman Centers' (TCO) "Hold" Rating Reaffirmed at Boenning Scattergood
www.americanbankingnews.com - July 31 at 9:08 AM
finance.yahoo.com logoTaubman (TCO) Beats Q2 FFO Estimates, Revenues Decrease
finance.yahoo.com - July 29 at 7:49 AM
finance.yahoo.com logoEdited Transcript of TCO earnings conference call or presentation 28-Jul-17 3:00pm GMT
finance.yahoo.com - July 29 at 7:49 AM
americanbankingnews.com logoAnalyzing Taubman Centers (TCO) and American Assets Trust (AAT)
www.americanbankingnews.com - July 29 at 12:25 AM
nasdaq.com logoTaubman Centers' Update on Corporate Governance Seen Falling 'Short' of 'What Is Needed' on Capital Allocation
www.nasdaq.com - July 28 at 8:37 AM
finance.yahoo.com logoTaubman Centers, Inc. Issues Second Quarter Results
finance.yahoo.com - July 28 at 8:37 AM
finance.yahoo.com logoTaubman reports 2Q results
finance.yahoo.com - July 28 at 8:37 AM
americanbankingnews.com logoTaubman Centers, Inc. (NYSE:TCO) Issues Earnings Results
www.americanbankingnews.com - July 27 at 9:42 PM
finance.yahoo.com logoTaubman Provides Update on Board Refreshment and Declassification Commitments
finance.yahoo.com - July 27 at 8:14 AM
finance.yahoo.com logoETFs with exposure to Taubman Centers, Inc. : July 25, 2017
finance.yahoo.com - July 26 at 8:40 AM
americanbankingnews.com logoFour Corners Property Trust (FCPT) and Taubman Centers (NYSE:TCO) Financial Survey
www.americanbankingnews.com - July 22 at 6:29 PM
americanbankingnews.com logoTaubman Centers, Inc. (NYSE:TCO) Expected to Post Quarterly Sales of $139.91 Million
www.americanbankingnews.com - July 21 at 9:10 PM
americanbankingnews.com logoTaubman Centers, Inc. (TCO) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - July 20 at 7:50 AM
americanbankingnews.com logoTaubman Centers, Inc. (NYSE:TCO) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 18 at 10:05 AM
finance.yahoo.com logoETFs with exposure to Taubman Centers, Inc. : July 14, 2017
finance.yahoo.com - July 15 at 9:20 AM
finance.yahoo.com logoClothing upstart Untuckit plans Tampa storefront in $30M growth wave
finance.yahoo.com - July 13 at 10:19 AM
seekingalpha.com logoMall REIT Preferred - Decent Yield, Lower Volatility
seekingalpha.com - July 11 at 8:21 AM



Taubman Centers (TCO) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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