TCO - Taubman Centers, Inc.

NYSE - NYSE Delayed price. Currency in USD
56.46
+0.01 (+0.02%)
At close: 4:02PM EDT
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Previous close56.45
Open56.27
Bid0.00 x 800
Ask0.00 x 1000
Day's range56.12 - 56.90
52-week range44.78 - 66.61
Volume555,613
Avg. volume621,481
Market cap4.852B
Beta0.89
PE ratio (TTM)62.25
EPS (TTM)0.91
Earnings date25 Jul 2018 - 30 Jul 2018
Forward dividend & yield2.62 (4.59%)
Ex-dividend date2018-03-14
1y target est61.92
Trade prices are not sourced from all markets
  • Business Wire19 days 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 Wire20 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 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 Journal20 days 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 Wire20 days 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?
    Zacks23 days 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.

  • The Wall Street Journallast month

    [$$] Elliott Management Exits Stake in Taubman Centers

    Elliott Management, which had been the second activist investor in the Bloomfield Hills, Mich.-based REIT, held 2,923,902 shares as of Feb. 14. Elliott Management’s 13F filing late Tuesday showed that it no longer lists a stake in Taubman Centers. Elliott Management, whose interest in Taubman was first reported in November, declined to comment.

  • Forbeslast month

    3 Mall REITs That Provide Lasting Differentiation

    The U.S. Commerce Department says retail sales rose 0.4 percent in April from March. Last month Brookfield Property Partners announced it had reached a deal to acquire General Growth Properties (GGP) for $9.25 billion (after GGP had rejected a previous offer of $7.4 billion in 2017). Note, Brookfield already owns one-third of GGP, so the company is hoping to own the other two-thirds.

  • Taubman Centers (TCO) Q1 FFO Beats Estimates, Revenues Down
    Zacks2 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.

  • US mall owner's CEO is about to retire, sparking deal speculation
    CNBC2 months ago

    US mall owner's CEO is about to retire, sparking deal speculation

    Macerich Chairman and CEO Art Coppola is set to retire at the end of this year.

  • Should Mall REIT Owners Fear the GGP-Brookfield Deal?
    Motley Fool2 months ago

    Should Mall REIT Owners Fear the GGP-Brookfield Deal?

    Late last month, GGP agreed to be acquired for less than its net asset value. However, this may not mean much for shareholders of other high-quality mall REITs.

  • The Wall Street Journal2 months ago

    [$$] Forest City Board Shake-Up Could Be a Harbinger for Other REITs

    After nine of 13 members of Forest City Realty Trust’s board agreed to step down last month, investors turned their attention to other real-estate investment trusts that could face board pressure in the ...

  • One attraction still drawing shoppers to malls: Food
    CNBC2 months ago

    One attraction still drawing shoppers to malls: Food

    Mall owners are adding more food and beverage options as apparel retailers scale back. And shoppers don't mind that.

  • Business Wire2 months ago

    Taubman Schedules First Quarter Earnings Release and Revises Time For Conference Call

    Taubman Centers, Inc. will announce its first quarter 2018 earnings after the market closes on April 26, 2018. The company will host a conference call to discuss these results on April 27, 2018 at 10 a.m.

  • Business Wire2 months ago

    Taubman Schedules First Quarter Earnings Release and Conference Call

    Taubman Centers, Inc. will announce its first quarter 2018 earnings after the market closes on April 26, 2018. The company will host a conference call to discuss these results on April 27, 2018 at 11 a.m.

  • Taubman Centers (TCO) Up 2.6% Since Earnings Report: Can It Continue?
    Zacks3 months ago

    Taubman Centers (TCO) Up 2.6% Since Earnings Report: Can It Continue?

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

  • Business Wire4 months ago

    Taubman Centers Increases Quarterly Common Dividend 4.8 Percent to $0.655 Per Share

    The Board of Directors of Taubman Centers, Inc. today declared a regular quarterly dividend of $0.655 per share of common stock, an increase of 4.8 percent. The common dividend is payable March 30, 2018 to shareholders of record on March 15, 2018.

  • Business Wire4 months ago

    Taubman Centers to Present at the Citi 2018 Global Property CEO Conference

    Taubman Centers, Inc. today announced that Robert S. Taubman, chairman, president and chief executive officer, and Simon J. Leopold, chief financial officer, will participate in a company roundtable presentation to the investment community at the Citi 2018 Global Property CEO Conference on Tuesday, March 6, 2018 at 3:40 p.m.

  • Warby Parker will soon operate nearly 100 stores and other Web retailers are following its lead
    CNBC4 months ago

    Warby Parker will soon operate nearly 100 stores and other Web retailers are following its lead

    A new class of internet retailers is opening up shops across the U.S. as department stores and specialty apparel brands scale back.

  • Taubman Centers' (TCO) Q4 FFO and Revenues Beat Estimates
    Zacks4 months ago

    Taubman Centers' (TCO) Q4 FFO and Revenues Beat Estimates

    Taubman Centers' (TCO) Q4 results reflect lower general and administrative expenses, and higher rent per square foot. However, store closures and tenant bankruptcies continue to affect market.

  • Business Wire4 months ago

    Taubman Centers, Inc. Issues Fourth Quarter and Full Year 2017 Results and Introduces 2018 Guidance

    Taubman Centers, Inc. today reported financial results for the quarter and full year periods ended December 31, 2017.

  • CNBC4 months ago

    In a cutthroat retail environment, malls are stealing tenants from each other

    Nordstrom will be leaving Oak Park Mall in Overland Park, Kansas, for Country Club Plaza in 2021.

  • Regency Buys Long Island Assets, To Form Hewlett Crossing
    Zacks5 months ago

    Regency Buys Long Island Assets, To Form Hewlett Crossing

    Regency Centers' (REG) buyout of two neighboring properties In Long Island fortifies its portfolio with assets that boast an experienced tenant roster.

  • Business Wire5 months ago

    Taubman Schedules Fourth Quarter Earnings Release and Conference Call

    Taubman Centers, Inc. will announce its fourth quarter 2017 earnings after the market closes on February 8, 2018. The company will host a conference call to discuss these results on February 9, 2018 at 10 a.m.

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