TCO - Taubman Centers, Inc.

NYSE - NYSE Delayed Price. Currency in USD
61.36
-0.22 (-0.36%)
At close: 4:02PM EDT
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Previous Close61.58
Open61.40
Bid55.20 x 800
Ask62.48 x 900
Day's Range61.25 - 61.67
52 Week Range44.78 - 66.61
Volume321,233
Avg. Volume512,920
Market Cap5.274B
Beta0.81
PE Ratio (TTM)63.98
EPS (TTM)0.96
Earnings DateOct 30, 2018 - Nov 5, 2018
Forward Dividend & Yield2.62 (4.30%)
Ex-Dividend Date2018-09-14
1y Target Est66.04
Trade prices are not sourced from all markets
  • Kiplinger18 hours ago

    8 REITs to Buy for Bargain Prices, Bloated Dividends

    Real estate investment trusts (REITs) have been on a wild ride over the past several years. Investors couldn't get enough of this dividend-friendly sector following the 2008 meltdown. The comparatively high yields were attractive in a world where savings accounts yielded zero and longer-term bond yields scraped near all-time lows. But the 2013 "taper tantrum," Janet Yellen's move in 2015 to move the target fed funds rate above 0% and Donald Trump's election (prompting fears of inflation) all shook the bond market. That in turn shook assets, such as REITs, that were treated as "bond substitutes." After each scare, REIT prices recovered their losses ... only to see them evaporate again with the next scare. REIT prices have gone nowhere since early 2015. Remarkably, they're also sitting at levels first seen in 2007, over a decade ago. No surprise, then, that many REITs are attractively priced right now. REITs also sport significantly higher yields as a sector than investment-grade corporate bonds, and - unlike bond coupon payments - their dividends tend to rise over time. REITs also trade at cheaper valuations than private equity real estate funds, which doesn't make a lot of sense given their superior liquidity. That kind of disconnect typically only happens during bear markets and panics when the baby gets thrown out with the bathwater. Let's use this disconnect to our advantage. Here are eight REITs to buy while they trade at respectable prices and pay solid dividends. SEE ALSO: 25 Dividend Stocks That Analysts Love the Most

  • Markityesterday

    See what the IHS Markit Score report has to say about Taubman Centers Inc.

    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. Index (PMI) data, output in the Financials sector is rising.

  • CNBC6 days ago

    Dirty Lemon, a beverage brand with a cult-like following, is opening its first store

    Dirty Lemon's first store opens this week. Dirty Lemon, a beverage brand that was born online and developed a cult-like following via millennials' Instagram posts, is opening its first store this week. Moving somewhat in reverse, Dirty Lemon is opening its first bricks-and-mortar location as many brands are trimming back their physical footprints.

  • Business Wire13 days ago

    Taubman Centers Declares Common and Preferred Dividends

    Taubman Centers, Inc. (TCO) today declared a regular quarterly dividend of $0.655 per share of common stock. The common dividend is payable September 28, 2018, to shareholders of record on September 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).

  • Taubman Centers Witnesses Top-Line Pressure: Time to Sell?
    Zacks15 days ago

    Taubman Centers Witnesses Top-Line Pressure: Time to Sell?

    Taubman Centers' (TCO) bleak top line reflects adverse impact of the e-commerce boom on the retail industry.

  • See what the IHS Markit Score report has to say about Taubman Centers Inc.
    Markit15 days ago

    See what the IHS Markit Score report has to say about Taubman Centers Inc.

    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. Index (PMI) data, output in the Financials sector is rising.

  • The Wall Street Journallast month

    [$$] Why One of the Biggest Mall Owners Is Doubling Down on Malls

    While mall owners have faced record store closures and bankruptcy filings as more Americans shop online, Taubman Centers Inc. has doubled down. It is reinvesting in design, technology, big-data tools and new store mixes for its 24 malls.

  • What Boosted Simon Property’s Net Operating Income in Q2?
    Market Realistlast month

    What Boosted Simon Property’s Net Operating Income in Q2?

    What Lies Ahead for Simon Property in the Second Half of 2018? Simon Property (SPG) reported net operating income (or NOI) of $1.05 billion in the second quarter of 2018, which was a 4.9% increase YoY. Similarly, the NOI margin came in at 76.2%, depicting a ~220 basis-point YoY expansion.

  • Why Simon Property’s Stock Has Gained Momentum Recently
    Market Realistlast month

    Why Simon Property’s Stock Has Gained Momentum Recently

    What Lies Ahead for Simon Property in the Second Half of 2018? After a weak performance in the first half of 2018 with returns of about -1%, Simon Property Group (SPG) stock has been gaining solid momentum recently and even hit a new 52-week high of $179.45 on August 3. The company also saw a notable YoY (year-over-year) improvement in its top and bottom lines, which suggests that Simon Property’s initiatives to drive mall traffic amid a challenging retail environment are headed in the right direction.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of TCO earnings conference call or presentation 31-Jul-18 3:00pm GMT

    Q2 2018 Taubman Centers Inc Earnings Call

  • ACCESSWIRE2 months ago

    Taubman Centers, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / July 31, 2018 / Taubman Centers, Inc. (NYSE: TCO ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 31, 2018 at 11:00 AM Eastern Time. ...

  • Taubman Centers (TCO) Q2 FFO Meets Estimates, Revenues Up
    Zacks2 months ago

    Taubman Centers (TCO) Q2 FFO Meets Estimates, Revenues Up

    Taubman Centers (TCO) witnesses rise in comparable center net operating income and higher tenant sales per square foot. However, leased space in comparable centers declines.

  • Associated Press2 months ago

    Taubman: 2Q Earnings Snapshot

    BLOOMFIELD HILLS, Mich. (AP) _ Taubman Centers Inc. (TCO) on Monday reported a key measure of profitability in its second quarter. The results met Wall Street expectations. The real estate investment trust, based in Bloomfield Hills, Michigan, said it had funds from operations of $75.9 million, or 87 cents per share, in the period.

  • Business Wire2 months ago

    Taubman Centers, Inc. Issues Solid Second Quarter Results

    BLOOMFIELD HILLS, Mich.-- -- Net Income and Earnings Per Diluted Common Share Up Comparable Center Net Operating Income , Excluding Lease Cancellation Income, Up 3.5 Percent for the Quarter, Up 4.1 percent Year-to-Date Mall Tenant Sales Per Square Foot Up 6 Percent for the Quarter, Eighth Consecutive Quarter of Positive Sales Growth Year-to-date Mall Tenant Sales Per Square Foot Up 9.1 Percent Next ...

  • See what the IHS Markit Score report has to say about Taubman Centers Inc.
    Markit2 months ago

    See what the IHS Markit Score report has to say about Taubman Centers Inc.

    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. Index (PMI) data, output in the Financials sector is rising.

  • Business Wire2 months ago

    Taubman Schedules Second Quarter Earnings Release and Conference Call

    Taubman Centers, Inc. (TCO) will announce its second quarter 2018 earnings after the market closes on July 30, 2018. 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 9199754 or by accessing the call online at http://investors.taubman.com/investors/investor-events-and-presentations. A telephone replay will be available until August 14, 2018 and can be accessed at 1-855-859-2056 using reservation code 9199754.

  • Moody's2 months ago

    Morgan Stanley Bank of America Merrill Lynch Trust 2013-C7 -- Moody's Affirms Thriteen Classes of MSBAM 2013-C7

    Moody's Investors Service, ("Moody's") has affirmed the ratings on Thirteen classes in Morgan Stanley Bank of America Merrill Lynch Trust 2013-C7, Commercial Mortgage Pass-Through Certificates ...

  • ACCESSWIRE2 months ago

    Breakfast Technical Briefing on Tanger Factory Outlet Centers and Three Other Additional REIT Stocks

    Stock Research Monitor: SLG, TCO, and WRI LONDON, UK / ACCESSWIRE / July 12, 2018 / If you want a free Stock Review on SKT sign up now at www.wallstequities.com/registration . On Wednesday, July 11, 2018, ...

  • Plaza management talks vacant storefronts, Nordstrom
    American City Business Journals3 months ago

    Plaza management talks vacant storefronts, Nordstrom

    Maria Mainville, director of communications for Plaza co-owner Taubman Centers, and Plaza General Manager Meredith Keeler talk about their approach for the Plaza and their vision.

  • ACCESSWIRE3 months ago

    Free Technical Reports on Tanger Factory Outlet Centers and Three Additional REIT Equities

    On Monday, June 04, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Seven out of nine sectors ended Monday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following REIT - Retail equities this morning: SL Green Realty Corp. (NYSE: SLG), Tanger Factory Outlet Centers Inc. (NYSE: SKT), Taubman Centers Inc. (NYSE: TCO), and Weingarten Realty Investors (NYSE: WRI).

  • Business Wire4 months ago

    Taubman Centers to Present at NAREIT’s REITWeek 2018

    Taubman Centers, Inc. (TCO) today announced that Simon Leopold, chief financial officer, will participate in a roundtable discussion with investors on Tuesday, June 5, 2018 at 2:15 p.m. EDT at REITWeek 2018, NAREIT’s Investor Forum in New York. 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. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.

  • Business Wire4 months ago

    Taubman Centers Declares Common and Preferred Dividends

    Taubman Centers, Inc. (TCO) today declared a regular quarterly dividend of $0.655 per share of common stock. The common dividend is payable June 29, 2018, to shareholders of record on June 15, 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).

  • Business Wire4 months ago

    Taubman Centers, Inc. Announces Preliminary Results of Annual Meeting of Shareholders

    Taubman Centers, Inc. (TCO) (the “Company”) today announced that shareholders elected Taubman Centers director nominees Mayree C. Clark and Michael J. Embler, as well as director nominee Jonathan Litt, to Taubman Centers’ Board of Directors at the Company's 2018 Annual Meeting of Shareholders based on the assessment of its proxy solicitor and subject to the final certification of the voting results by the inspector of election. The preliminary results also indicate that shareholders approved proposals 2-4 at the Company’s 2018 Annual Meeting, including the ratification of KPMG LLP as Taubman Centers’ independent registered public accounting firm for 2018, the advisory approval of the compensation of Taubman Centers’ named executive officers and the approval of the 2018 Long-Term Incentive Plan.