TCO - Taubman Centers, Inc.

NYSE - NYSE Delayed Price. Currency in USD
43.90
+0.10 (+0.23%)
At close: 4:02PM EDT
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Previous Close43.80
Open43.81
Bid43.87 x 900
Ask43.89 x 800
Day's Range43.72 - 44.42
52 Week Range41.84 - 65.50
Volume275,931
Avg. Volume363,278
Market Cap3.777B
Beta (3Y Monthly)1.07
PE Ratio (TTM)49.38
EPS (TTM)0.89
Earnings DateJul 29, 2019 - Aug 2, 2019
Forward Dividend & Yield2.70 (6.09%)
Ex-Dividend Date2019-06-13
1y Target Est55.33
Trade prices are not sourced from all markets
  • Is Taubman Centers, Inc. (NYSE:TCO) A Smart Choice For Dividend Investors?
    Simply Wall St.14 hours ago

    Is Taubman Centers, Inc. (NYSE:TCO) A Smart Choice For Dividend Investors?

    Could Taubman Centers, Inc. (NYSE:TCO) be an attractive dividend share to own for the long haul? Investors are often...

  • Reuters7 days ago

    Land & Buildings may seek board seats at Taubman Centers in 2020

    Activist investment firm Land & Buildings on Tuesday warned that it may seek board seats at shopping mall operator Taubman Centers Inc next year unless performance improves. Specifically Litt wants Taubman Centers to sell assets in Asia and sell or spin-off "Jewel Box" assets which include properties like the Mall at Short Hills in New Jersey. "Their best defense against a proxy contest in 2020 is to drive material outperformance by maximizing value for all shareholders," Litt wrote in the letter.

  • Bloomberg7 days ago

    Litt Threatens New Proxy Fight at Mall Operator Taubman Centers

    “Their best defense against a proxy contest in 2020 is to drive material outperformance by maximizing value for all shareholders,” Litt said in the letter, which was reviewed by Bloomberg. The letter Tuesday is the latest salvo in Litt’s ongoing battle with the real estate company where he has been pushing for changes since 2016.

  • Markit8 days ago

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

    Taubman Centers Inc NYSE:TCOView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort 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 flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $663 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 sentimentPMI by IHS Markit | NegativeAccording 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, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.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.

  • Business Wire19 days ago

    Taubman Centers Declares Common and Preferred Dividends

    Taubman Centers, Inc. (TCO) today declared a regular quarterly dividend of $0.675 per share of common stock. The common dividend is payable June 28, 2019, to shareholders of record on June 14, 2019. 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).

  • Why Is Taubman (TCO) Down 11.2% Since Last Earnings Report?
    Zacks19 days ago

    Why Is Taubman (TCO) Down 11.2% Since Last Earnings Report?

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

  • Business Wire20 days ago

    Taubman Centers to Present at NAREIT’s REITWeek 2019

    Taubman Centers, Inc. (TCO) today announced that Robert Taubman, chairman, president and chief executive officer, will participate in a roundtable discussion with investors on Tuesday, June 4, 2019 at 11:45 a.m. EDT at REITWeek 2019, 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 27 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.

  • Simon's Houston Galleria, Phipps Plaza to Have Tom Ford Stores
    Zacks26 days ago

    Simon's Houston Galleria, Phipps Plaza to Have Tom Ford Stores

    Simon Property (SPG) is making immense efforts to boost the value of its retail properties. The latest Tom Ford store opening announcement is in sync with its transformational plans.

  • Hope & Henry Plans Store Openings at Centers of Simon Property
    Zacks27 days ago

    Hope & Henry Plans Store Openings at Centers of Simon Property

    Simon Property (SPG) is undertaking strategic measures to help online retailers fortify their physical presence, besides taking steps to support omni-channel strategy.

  • At US$49.90, Is It Time To Put Taubman Centers, Inc. (NYSE:TCO) On Your Watch List?
    Simply Wall St.27 days ago

    At US$49.90, Is It Time To Put Taubman Centers, Inc. (NYSE:TCO) On Your Watch List?

    Taubman Centers, Inc. (NYSE:TCO), which is in the reits business, and is based in United States, received a lot of...

  • International Plaza wants to add a movie theater and bowling alley
    American City Business Journalslast month

    International Plaza wants to add a movie theater and bowling alley

    International Plaza is planning to add a movie theater and bowling alley to its Tampa property. The mall has filed plans with the city to reduce its total parking spaces to make way for a one-story, 39,000-square-foot cinema and a two-story, 31,000-square-foot bowling alley. The new developments would be built between the Nordstrom parking deck and the parking outside of Bay Street, the mall's restaurant corridor.

  • GlobeNewswirelast month

    Bottomline Technologies Think Green Award Presented to Taubman Centers

    PORTSMOUTH, N.H., May 08, 2019 -- Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps make business payments simple, smart and secure,.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of TCO earnings conference call or presentation 1-May-19 2:00pm GMT

    Q1 2019 Taubman Centers Inc Earnings Call

  • Taubman Centers (TCO) Shares Gain on Q1 FFO Beat, Occupancy Up
    Zacks2 months ago

    Taubman Centers (TCO) Shares Gain on Q1 FFO Beat, Occupancy Up

    Taubman Centers' (TCO) Q1 2019 results reflect higher rents and NOI.

  • Taubman Centers Inc (TCO) Q1 2019 Earnings Call Transcript
    Motley Fool2 months ago

    Taubman Centers Inc (TCO) Q1 2019 Earnings Call Transcript

    TCO earnings call for the period ending March 31, 2019.

  • Public company buys large interest in South Florida mall
    American City Business Journals2 months ago

    Public company buys large interest in South Florida mall

    Taubman Centers has acquired a 48.5 percent interest in the Gardens Mall in Palm Beach Gardens. The Bloomfield Hills, Michigan-based retail property owner (NYSE: TCO) said it granted the Cohen family 1.5 million shares of Taubman Realty Group in exchange for their interest in the mall, which the family had owned since it opened in 1988. The remaining interest in the Gardens Mall is still owned by the Forbes Co. “The Gardens Mall is the premier retail asset in the affluent and growing Palm Beach market,” said Robert S. Taubman, chairman, president and CEO of Taubman Centers.

  • Associated Press2 months ago

    Taubman: 1Q Earnings Snapshot

    The real estate investment trust, based in Bloomfield Hills, Michigan, said it had funds from operations of $87.1 million, or 93 cents per share, in the period. The average estimate of 11 analysts surveyed ...

  • Business Wire2 months ago

    Taubman Centers, Inc. Issues Solid First Quarter Results

    BLOOMFIELD HILLS, Mich.-- -- Net Income Down 18.8 Percent, Primarily Due to Higher Depreciation Expense Comparable Center Net Operating Income , Excluding Lease Cancellation Income, Up 2.3 Percent Beneficial Interest in Total Portfolio NOI, Excluding Lease Cancellation Income Up 5.7 Percent Sales per Square Foot, Occupancy, Leased Space and Average Rents All Up in Comparable Centers Acquired 48.5 Percent ...

  • Is Taubman Centers, Inc. (TCO) A Good Stock To Buy ?
    Insider Monkey2 months ago

    Is Taubman Centers, Inc. (TCO) A Good Stock To Buy ?

    It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]

  • How To Look At Taubman Centers, Inc. (NYSE:TCO)
    Simply Wall St.2 months ago

    How To Look At Taubman Centers, Inc. (NYSE:TCO)

    Taubman Centers, Inc. is a US$4.4b mid-cap, real estate investment trust (REIT) based in Bloomfield Hills, United States. REITs are basically a portfolio of income-producing real estate investments, which are owned and...

  • Business Wire2 months ago

    Taubman Nominates Michelle J. Goldberg to Board of Directors

    Taubman Centers, Inc. (TCO) (the "Company") today announced that its Board of Directors has nominated Michelle J. Goldberg, a Partner at Ignition Partners and a Venture Partner at SoGal Ventures with significant technology, investment, retail disruption, finance and digital media expertise, as well as board experience, to stand for election to the Company’s Board at the 2019 Annual Meeting of Shareholders. New director nominee Ms. Goldberg is a seasoned technology investor with strategic, financial and governance experience and a focus on consumer-facing, digital media and retail opportunities leveraging data analytics and investing in emerging consumer technologies.

  • Thasos 2019 Retail REIT Performance Update Finds Westfield and Urstadt Biddle Atop Industry Performance Rankings
    PR Newswire2 months ago

    Thasos 2019 Retail REIT Performance Update Finds Westfield and Urstadt Biddle Atop Industry Performance Rankings

    Issued Just Weeks Ahead of 1Q Earnings Reports for U.S. Shopping Mall REITs, In-Depth Report Shows Volatile Activity Since 'Retail Apocalypse' New Performance Update Uses Unique 'Thasos Trade Area' Tool ...

  • PREIT Adds Yard House at Willow Grove Park, Enhances Portfolio
    Zacks2 months ago

    PREIT Adds Yard House at Willow Grove Park, Enhances Portfolio

    PREIT (PEI) adds Yard House at Willow Grove Park to its fold of dining offerings as part of the company's latest endeavor to counter retail market blues and strengthen portfolio.

  • Business Wire2 months ago

    Taubman Schedules First Quarter Earnings Release and Conference Call

    Taubman Centers, Inc. (TCO) will announce its first quarter 2019 earnings after the market closes on April 30, 2019. The company will host a conference call to discuss these results on May 1, 2019 at 10 a.m. EDT. 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 6992705 or by accessing the call online at http://investors.taubman.com/investors/investor-events-and-presentations.