Log in

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

$31.05
-0.54 (-1.71 %)
(As of 01/27/2020 01:18 AM ET)
Today's Range
$31.04
Now: $31.05
$31.91
50-Day Range
$29.55
MA: $30.92
$32.43
52-Week Range
$29.43
Now: $31.05
$54.50
Volume737,367 shs
Average Volume792,881 shs
Market Capitalization$1.90 billion
P/E Ratio8.00
Dividend Yield8.55%
Beta0.63
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. Read More…

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$3.82 per share
Book Value($5.04) per share

Profitability

Net Income$83.49 million

Miscellaneous

Employees450
Market Cap$1.90 billion
Next Earnings Date2/12/2020 (Confirmed)
OptionableOptionable

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

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, December 6th. Shareholders of record on Monday, December 16th will be given a dividend of $0.675 per share on Tuesday, December 31st. This represents a $2.70 dividend on an annualized basis and a yield of 8.70%. The ex-dividend date of this dividend is Friday, December 13th. View Taubman Centers' Dividend History.

How were Taubman Centers' earnings last quarter?

Taubman Centers, Inc. (NYSE:TCO) issued its earnings results on Monday, October, 29th. The real estate investment trust reported $0.34 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.86 by $0.52. The real estate investment trust earned $159.12 million during the quarter, compared to analysts' expectations of $159.68 million. Taubman Centers had a net margin of 39.45% and a negative return on equity of 96.44%. The firm's revenue for the quarter was up 3.9% on a year-over-year basis. During the same period last year, the business posted $0.83 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 Wednesday, February 12th 2020. View Earnings Estimates for Taubman Centers.

How can I listen to Taubman Centers' earnings call?

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

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

Taubman Centers issued an update on its FY19 earnings guidance on Tuesday, October, 29th. The company provided earnings per share (EPS) guidance of $3.64-$3.74 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.54.

What price target have analysts set for TCO?

8 brokerages have issued 1-year price targets for Taubman Centers' stock. Their forecasts range from $33.00 to $60.00. On average, they expect Taubman Centers' stock price to reach $45.86 in the next year. This suggests a possible upside of 47.7% from the stock's current price. View Analyst Price Targets for Taubman Centers.

What is the consensus analysts' recommendation for Taubman Centers?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taubman Centers in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating 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 trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Taubman Centers earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave media coverage 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 stock's share price in the immediate future. View News Stories for Taubman Centers.

Are investors shorting Taubman Centers?

Taubman Centers saw a decrease in short interest in January. As of January 15th, there was short interest totalling 7,030,000 shares, a decrease of 14.6% from the December 31st total of 8,230,000 shares. Based on an average trading volume of 709,400 shares, the days-to-cover ratio is presently 9.9 days. Currently, 11.9% of the shares of the stock are sold short. View Taubman Centers' Current Options Chain.

Who are some of Taubman Centers' key 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), Macerich (MAC), Blackstone Group (BX), AT&T (T), AbbVie (ABBV), Caterpillar (CAT), Enterprise Products Partners (EPD) and American Tower (AMT).

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 a variety of of retail and institutional investors. Top institutional investors include Duff & Phelps Investment Management Co. (1.48%), Jaguar Listed Property LLC (0.12%), Telemus Capital LLC (0.08%), Nisa Investment Advisors LLC (0.08%), State of Alaska Department of Revenue (0.04%) and Zurcher Kantonalbank Zurich Cantonalbank (0.02%). Company insiders that own Taubman Centers stock include Craig M Hatkoff, David A Wolff, 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 Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for Taubman Centers.

Which institutional investors are buying Taubman Centers stock?

TCO stock was acquired by a variety of institutional investors in the last quarter, including Telemus Capital LLC, Nisa Investment Advisors LLC, Duff & Phelps Investment Management Co., Jaguar Listed Property LLC, State of Alaska Department of Revenue and FNY Investment Advisers 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 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 $31.05.

How big of a company is Taubman Centers?

Taubman Centers has a market capitalization of $1.90 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.

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:  272 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  683
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 1/27/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel