NYSE:TCOTaubman Centers Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Taubman Centers, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $38.34 +0.13 (+0.34 %) (As of 08/13/2020 10:29 AM ET) Add Compare Share Today's Range$37.90Now: $38.34▼$39.1250-Day Range$37.00MA: $38.14▼$38.7352-Week Range$26.24Now: $38.34▼$53.40Volume878,000 shsAverage Volume2.31 million shsMarket Capitalization$2.36 billionP/E Ratio11.41Dividend Yield7.04%Beta-0.08 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia and one under development. Taubman's U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingTaubman Centers has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $42.00, Taubman Centers has a potential upside of 9.5% from its current price of $38.34.Amount of Analyst CoverageTaubman Centers has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesTaubman Centers has received 280 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTaubman Centers has received 432 “underperform” votes. (Add your “underperform” vote.)Community SentimentTaubman Centers has received 60.67% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Taubman Centers and other stocks. Vote “Outperform” if you believe TCO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TCO will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipTaubman Centers is a leading dividend payer. It pays a dividend yield of 7.04%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTaubman Centers has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Taubman Centers is 72.78%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Taubman Centers will have a dividend payout ratio of 91.53% in the coming year. This indicates that Taubman Centers may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Taubman Centers insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 29.80% of the stock of Taubman Centers is held by insiders.Percentage Held by Institutions99.00% of the stock of Taubman Centers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Taubman Centers are expected to decrease by -1.67% in the coming year, from $3.00 to $2.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Taubman Centers is 11.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Taubman Centers is 11.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.63. Previous Next Analyst Opinion: 1.0Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.55 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:TCO Previous Symbol CUSIP87666410 CIK890319 Webwww.taubman.com Phone248-258-6800Debt Debt-to-Equity RatioN/A Current Ratio1.93 Quick Ratio1.93Price-To-Earnings Trailing P/E Ratio11.41 Forward P/E Ratio12.78 P/E GrowthN/A Sales & Book Value Annual Sales$661.05 million Price / Sales3.57 Cash Flow$6.40 per share Price / Cash Flow5.99 Book Value($2.90) per share Price / Book-13.22Profitability EPS (Most Recent Fiscal Year)$3.71 Net Income$229.48 million Net Margins34.24% Return on Equity-107.89% Return on Assets4.95%Miscellaneous Employees450 Outstanding Shares61,615,000Market Cap$2.36 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $38.34 +0.13 (+0.34 %) (As of 08/13/2020 10:29 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive TCO News and Ratings via Email Sign-up to receive the latest news and ratings for TCO and its competitors with MarketBeat's FREE daily newsletter. Taubman Centers (NYSE:TCO) Frequently Asked Questions How has Taubman Centers' stock been impacted by COVID-19 (Coronavirus)? Taubman Centers' stock was trading at $49.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TCO shares have decreased by 22.3% and is now trading at $38.34. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Taubman Centers? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taubman Centers in the last year. There are currently 1 sell rating, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Taubman Centers. When is Taubman Centers' next earnings date? Taubman Centers is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Taubman Centers. How were Taubman Centers' earnings last quarter? Taubman Centers, Inc. (NYSE:TCO) issued its quarterly earnings data on Monday, August, 10th. The real estate investment trust reported ($0.55) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.64 by $1.19. The real estate investment trust earned $118.54 million during the quarter, compared to the consensus estimate of $151.64 million. Taubman Centers had a negative return on equity of 107.89% and a net margin of 34.24%. The business's quarterly revenue was down 26.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.94 earnings per share. View Taubman Centers' earnings history. How often does Taubman Centers pay dividends? What is the dividend yield for Taubman Centers? Taubman Centers declared a quarterly dividend on Thursday, March 5th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.675 per share on Tuesday, March 31st. This represents a $2.70 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date of this dividend is Friday, March 13th. View Taubman Centers' dividend history. What price target have analysts set for TCO? 9 equities research analysts have issued twelve-month target prices for Taubman Centers' stock. Their forecasts range from $20.00 to $55.00. On average, they expect Taubman Centers' stock price to reach $42.00 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price. View analysts' price targets for Taubman Centers. Has Taubman Centers been receiving favorable news coverage? Press coverage about TCO stock has been trending extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Taubman Centers earned a news sentiment score of -4.1 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news about Taubman Centers. Are investors shorting Taubman Centers? Taubman Centers saw a increase in short interest in May. As of May 15th, there was short interest totaling 9,320,000 shares, an increase of 43.6% from the April 30th total of 6,490,000 shares. Based on an average daily trading volume, of 2,510,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 15.6% of the shares of the stock are short sold. View Taubman Centers' Short Interest. Who are some of Taubman Centers' key competitors? Some companies that are related to Taubman Centers include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Agree Realty (ADC), Weingarten Realty Investors (WRI), Retail Properties of America (RPAI), Retail Opportunity Investments (ROIC), Alexander's (ALX), Getty Realty (GTY), Macerich (MAC), Acadia Realty Trust (AKR) and Kite Realty Group Trust (KRG). View all competitors. What other stocks do shareholders of Taubman Centers own? 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), Cisco Systems (CSCO), Chevron (CVX), AbbVie (ABBV), Intel (INTC), Macerich (MAC), AT&T (T), CROWN CASTLE IN/SH SH (CCI) and Exxon Mobil (XOM). Who are Taubman Centers' key executives? Taubman Centers' management team includes the following people: Mr. Robert S. Taubman, Chairman, CEO & Pres (Age 65)Mr. Simon J. Leopold, Exec. VP, CFO & Treasurer (Age 51)Mr. William S. Taubman, Chief Operating Officer (Age 60)Mr. Paul A. Wright, Exec. VP & Global Head of Leasing (Age 48)Mr. Peter John Sharp, Pres of Taubman Asia Management Limited (Age 52) What is Taubman Centers' stock symbol? Taubman Centers trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCO." Who are Taubman Centers' major shareholders? Taubman Centers' stock is owned by a number of retail and institutional investors. Top institutional investors include Healthcare of Ontario Pension Plan Trust Fund (3.89%), Principal Financial Group Inc. (1.42%), Bank of New York Mellon Corp (1.09%), Grantham Mayo Van Otterloo & Co. LLC (0.55%), Athanor Capital LP (0.49%) and Dupont Capital Management Corp (0.42%). Company insiders that own Taubman Centers stock include Jonathan Litt, Mayree C Clark, Michael J Embler and Robert S Taubman. View institutional ownership trends for Taubman Centers. Which institutional investors are selling Taubman Centers stock? TCO stock was sold by a variety of institutional investors in the last quarter, including Athanor Capital LP, Bank of New York Mellon Corp, First Trust Advisors LP, WINTON GROUP Ltd, Prudential Financial Inc., SG Americas Securities LLC, BTG Pactual Global Asset Management Ltd, and New York State Common Retirement Fund. View insider buying and selling activity for Taubman Centers. Which institutional investors are buying Taubman Centers stock? TCO stock was bought by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Principal Financial Group Inc., Grantham Mayo Van Otterloo & Co. LLC, NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., Envestnet Asset Management Inc., Hudson Bay Capital Management LP, and Calamos Advisors LLC. Company insiders that have bought Taubman Centers stock in the last two years include Jonathan Litt, Mayree C Clark, Michael J Embler, and Robert S Taubman. View insider buying and selling activity for Taubman Centers. How do I buy shares of 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. What is Taubman Centers' stock price today? One share of TCO stock can currently be purchased for approximately $38.34. How big of a company is Taubman Centers? Taubman Centers has a market capitalization of $2.36 billion and generates $661.05 million in revenue each year. The real estate investment trust earns $229.48 million in net income (profit) each year or $3.71 on an earnings per share basis. Taubman Centers employs 450 workers across the globe. What is Taubman Centers' official website? The official website for Taubman Centers is www.taubman.com. How can I contact Taubman Centers? 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] This page was last updated on 8/13/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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