NYSE:TCO - Taubman Centers Stock Price, News, & Analysis

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$50.50 -0.35 (-0.69 %)
(As of 02/18/2019 04:00 PM ET)
Previous Close$50.85
Today's Range$49.9050 - $51.14
52-Week Range$43.44 - $65.50
Volume672,604 shs
Average Volume467,784 shs
Market Capitalization$3.08 billion
P/E Ratio13.19
Dividend Yield5.15%
Beta0.83
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. 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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP87666410
Phone248-258-6800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$640.87 million
Cash Flow$3.7970 per share
Book Value($2.47) per share

Profitability

Net Income$80.70 million

Miscellaneous

Employees468
Market Cap$3.08 billion
OptionableOptionable

Taubman Centers (NYSE:TCO) Frequently Asked Questions

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 Thursday, December 6th. Shareholders of record on Monday, December 17th will be paid a dividend of $0.655 per share on Monday, December 31st. This represents a $2.62 annualized dividend and a yield of 5.19%. The ex-dividend date of this dividend is Friday, December 14th. View Taubman Centers' Dividend History.

How were Taubman Centers' earnings last quarter?

Taubman Centers, Inc. (NYSE:TCO) announced its earnings results on Wednesday, February, 13th. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.89 by $0.84. The real estate investment trust earned $167.50 million during the quarter, compared to analyst estimates of $168.91 million. Taubman Centers had a net margin of 11.84% and a negative return on equity of 34.31%. The firm's revenue was down 2.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.03 EPS. View Taubman Centers' Earnings History.

When is Taubman Centers' next earnings date?

Taubman Centers is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Taubman Centers.

What guidance has Taubman Centers issued on next quarter's earnings?

Taubman Centers issued an update on its FY19 earnings guidance on Wednesday, February, 13th. The company provided earnings per share guidance of $3.62-3.74 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.71.

What price target have analysts set for TCO?

14 analysts have issued 1-year price objectives for Taubman Centers' stock. Their predictions range from $50.85 to $69.00. On average, they expect Taubman Centers' stock price to reach $60.1682 in the next year. This suggests a possible upside of 19.1% from the stock's current price. View Analyst Price Targets for Taubman Centers.

What is the consensus analysts' recommendation for Taubman Centers?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taubman Centers in the last year. There are currently 1 sell rating, 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Taubman Centers.

Has Taubman Centers been receiving favorable news coverage?

Headlines about TCO stock have been trending positive recently, according to InfoTrie. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Taubman Centers earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days.

Who are some of Taubman Centers' key competitors?

Who are Taubman Centers' key executives?

Taubman Centers' management team includes the folowing 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)

Who are Taubman Centers' major shareholders?

Taubman Centers' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.78%), Cohen & Steers Inc. (8.05%), Principal Financial Group Inc. (3.59%), Citigroup Inc. (3.42%), Lasalle Investment Management Securities LLC (2.51%) and Dimensional Fund Advisors LP (1.58%). Company insiders that own Taubman Centers stock include Cornelia Connelly Marakovits, Craig M Hatkoff, David A Wolff, Jonathan Litt, Myron E Ullman III, Robert S Taubman and William 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 Bank of America Corp DE, Nuveen Asset Management LLC, Millennium Management LLC, Lasalle Investment Management Securities LLC, Coronation Fund Managers Ltd., PNC Financial Services Group Inc., California Public Employees Retirement System and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling 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 Principal Financial Group Inc., American Assets Capital Advisers LLC, BlackRock Inc., Squarepoint Ops LLC, WINTON GROUP Ltd, Westpac Banking Corp, Cohen & Steers Inc. and Geode Capital Management LLC. Company insiders that have bought Taubman Centers stock in the last two years include Cornelia Connelly Marakovits, Jonathan Litt, Myron E Ullman III and Robert S Taubman. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Taubman Centers' stock price today?

One share of TCO stock can currently be purchased for approximately $50.50.

How big of a company is Taubman Centers?

Taubman Centers has a market capitalization of $3.08 billion and generates $640.87 million in revenue each year. The real estate investment trust earns $80.70 million in net income (profit) each year or $3.83 on an earnings per share basis. Taubman Centers employs 468 workers across the globe.

What is Taubman Centers' official website?

The official website for Taubman Centers is http://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]


MarketBeat Community Rating for Taubman Centers (NYSE TCO)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  377 (Vote Underperform)
Total Votes:  631
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.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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