|Bid||0.00 x 900|
|Ask||0.00 x 1800|
|Day's Range||49.90 - 51.14|
|52 Week Range||43.44 - 65.50|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||53.33|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||2.62 (5.15%)|
|1y Target Est||56.77|
Taubman Centers' (TCO) Q4 results reflect better rents and reduced operating expenses. However, revenues failed to meet expectations and occupancy shrinks year over year.
Taubman Centers, Inc. (TCO) has announced agreements to sell 50 percent of Taubman Asia’s interests in three Asia-based shopping centers to funds managed by The Blackstone Group L.P. (Blackstone). Blackstone will be making this investment through its Asia Core+ real estate investment unit. The transactions are subject to customary closing conditions and are expected to close throughout 2019.
Taubman (TCO) delivered FFO and revenue surprises of 2.25% and -2.30%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
BLOOMFIELD HILLS, Mich. (AP) _ Taubman Centers Inc. (TCO) on Wednesday reported a key measure of profitability in its fourth quarter. The results topped Wall Street expectations. The real estate investment trust, based in Bloomfield Hills, Michigan, said it had funds from operations of $56.4 million, or 91 cents per share, in the period.
BLOOMFIELD HILLS, Mich.-- -- 2018 Net Income Up 4.8 Percent and Earnings Per Diluted Common Share Up 4.4 Percent Comparable Center Net Operating Income , Including Lease Cancellation Income Up 4.4 Percent for the Year 2018 Funds from Operations and Adjusted FFO Up 5.7 Percent and 3.5 Percent, respectively Industry-leading Sales Per Square Foot $824, Up 8.6 Percent for the Year Sales Per Square Foot ...
Macerich's (MAC) Q4 results reflect a decline in minimum rents and tenant recoveries. Its 2019 outlook has been negatively impacted by expectations related to anchor closures and tenant bankruptcies.
# Taubman Centers Inc ### NYSE:TCO View full report here! ## Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is low for TCO with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $30 million over the last one-month into ETFs that hold TCO are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention Read More...
Taubman Centers, Inc. (TCO) will announce its fourth quarter 2018 earnings after the market closes on February 13, 2019. The company will host a conference call to discuss these results on February 14, 2019 at 10 a.m. EST. Shareholders and interested parties may listen to a live broadcast of the conference call by dialing 1-866-820-1712 or 1-973-638-3468 and using reservation code 2589965 or by accessing the call online at http://investors.taubman.com/investors/investor-events-and-presentations.
Taubman Centers, Inc. announced today the tax allocations of the 2018 dividend distributions on its common shares and 6.5% Series J and 6.25% Series K Cumulative Redeemable Preferred Shares.
Realty Income's (O) February 2019 dividend payment marks the company's 583 successive monthly dividend payments throughout its 50-year operating history.
Amid changes in the retail landscape, Taubman Centers' (TCO) high-quality malls are witnessing demand from internet-only retailers who are opting for physical stores at the company's malls.
Amid challenges in the retail real estate market, Federal Realty (FRT) is aiming at long-term value accretion through remerchandising and redevelopment efforts.
A market correction in the fourth quarter, spurred by a number of global macroeconomic concerns and rising interest rates ended up having a negative impact on the markets and many hedge funds as a result. The stocks of smaller companies were especially hard hit during this time as investors fled to investments seen as being […]
Macerich's (MAC) Scottsdale Fashion Square will lease 16,000 square feet of space to Wonderspaces for its first permanent location. Wonderspaces' art shows will likely drive mall traffic for Macerich.
Realty Income's (O) January 2019 dividend payment marks the company's 85 consecutive quarterly hikes and 582 successive monthly dividend payments throughout its 49-year operating history.
NEW YORK, Dec. 12, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Taubman Centers, Inc. (TCO) today announced that the Company’s Board of Directors appointed Jan Fields and Nancy Killefer to the Board, effective January 16, 2019. Incumbent independent directors Jerome A. Chazen and Craig M. Hatkoff will resign from the Board, effective January 15, 2019, and Ms. Fields and Ms. Killefer will assume the remainder of Mr. Chazen’s and Mr. Hatkoff’s terms, that expire at the Company’s 2019 Annual Meeting.
Taubman Centers, Inc. (TCO) today declared a regular quarterly dividend of $0.655 per share of common stock. The common dividend is payable December 31, 2018, to shareholders of record on December 17, 2018. The Board of Directors also declared quarterly dividends of $0.40625 on its 6.5% Series J Cumulative Preferred Shares (NYSE:TCO PR J) and $0.390625 on its 6.25% Series K Cumulative Preferred Shares (NYSE: TCO PR K).
With an alluring range of deals, festive activities, dining and entertainment options at its properties, Simon Property Group (SPG) records solid traffic with the onset of the holiday shopping season.
Taubman (TCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.