TCO - Taubman Centers, Inc.

NYSE - NYSE Delayed Price. Currency in USD
63.70
+0.89 (+1.42%)
At close: 4:02PM EDT
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Previous Close62.81
Open62.57
Bid53.00 x 1400
Ask65.00 x 29200
Day's Range62.56 - 63.73
52 Week Range44.78 - 66.61
Volume293,182
Avg. Volume606,934
Market Cap5.475B
Beta0.84
PE Ratio (TTM)66.42
EPS (TTM)0.96
Earnings DateOct 30, 2018 - Nov 5, 2018
Forward Dividend & Yield2.62 (4.19%)
Ex-Dividend Date2018-06-14
1y Target Est62.63
Trade prices are not sourced from all markets
  • The Wall Street Journal5 days ago

    [$$] 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 Realist11 days ago

    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 Realist11 days ago

    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 StreetEvents15 days ago

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

    Q2 2018 Taubman Centers Inc Earnings Call

  • ACCESSWIRE18 days 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
    Zacks18 days 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 Press19 days 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 Wire19 days 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.
    Markit23 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.

  • Business Wirelast month

    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'slast month

    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 ...

  • ACCESSWIRElast month

    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 Journals2 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.

  • GlobeNewswire2 months ago

    Recent Analysis Shows Conagra Brands, Ekso Bionics, Triton International, Taubman Centers, Delta Air Lines, and Hilton Worldwide Market Influences — Renewed Outlook, Key Drivers of Growth

    NEW YORK, June 11, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Conagra ...

  • ACCESSWIRE2 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 Wire3 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 Wire3 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).

  • The Wall Street Journal3 months ago

    [$$] Second Time Is the Charm for Activist Taubman Investor

    Shareholders, however, didn’t support the proposal of Mr. Litt’s hedge fund, Land & Buildings Investment Management LLC, to change the company’s capital and voting structure. Using colorful PowerPoint slides and letters to the board and shareholders, he also has argued that the Taubman family’s ownership of Class B shares gave the family outsized control, and that this structure doesn’t align common shareholders’ interests with the Taubman family’s. Taubman has said that the interests of Class B  shareholders and common shareholders are aligned.

  • Business Wire3 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.

  • Why Is Taubman Centers (TCO) Down 1.7% Since its Last Earnings Report?
    Zacks3 months ago

    Why Is Taubman Centers (TCO) Down 1.7% Since its Last Earnings Report?

    Taubman Centers (TCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of TCO earnings conference call or presentation 27-Apr-18 2:00pm GMT

    Q1 2018 Taubman Centers Inc Earnings Call

  • After Staenberg sale, what happens to Chesterfield's other outlet mall?
    American City Business Journals4 months ago

    After Staenberg sale, what happens to Chesterfield's other outlet mall?

    In the years to come, St. Louis Premium Outlets will be competing with new retail concepts in Chesterfield.

  • Taubman Centers (TCO) Q1 FFO Beats Estimates, Revenues Down
    Zacks4 months ago

    Taubman Centers (TCO) Q1 FFO Beats Estimates, Revenues Down

    Taubman Centers' (TCO) Q1 results reflect lower general and administrative expenses, and higher lease cancellation income. However, elevated tenant turnover remains a concern.