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Taubman Centers, Inc. (TCO)

Stock Price: $38.21 USD -0.17 (-0.44%)
Updated Aug 10, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 2.35B
Revenue (ttm) 660.31M
Net Income (ttm) 234.22M
Shares Out 61.62M
EPS (ttm) 3.40
PE Ratio 11.24
Forward PE n/a
Dividend $2.70
Dividend Yield 7.07%

Stock Quote

Trading Day Aug 10, 2020
Last Price $38.21
Previous Close $38.38
Change ($) -0.17
Change (%) -0.44%
Day's Open 38.41
Day's Range 37.91 - 38.85
Day's Volume 567,291
52-Week Range 26.24 - 53.40

More Stats

Market Cap 2.35B
Enterprise Value 6.20B
Earnings Date (est) Nov 2, 2020
Ex-Dividend Date n/a
Shares Outstanding 61.62M
Float 59.71M
EPS (basic) 3.4
EPS (diluted) 3.40
FCF / Share 1.32
Dividend $2.70
Dividend Yield 7.07%
Earnings Yield 8.90%
FCF Yield 3.44%
Payout Ratio 79.40%
Shares Short 10.82M
Short Ratio 7.57
Short % of Float 21.25%
Beta -0.06
PE Ratio 11.24
Forward PE n/a
P/FCF Ratio 29.05
PS Ratio 3.57
PB Ratio n/a
Revenue 660.31M
Operating Income 153.48M
Net Income 234.22M
Free Cash Flow 81.05M
Net Cash -3.85B
Net Cash / Share -62.46
Gross Margin 74.80%
Operating Margin 23.24%
Profit Margin 31.60%
FCF Margin 12.27%
ROA 2.37%
ROE n/a
ROIC 4.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (10)

Buy 0
Overweight 0
Hold 9
Underweight 0
Sell 1

Analyst Consensus: Hold

Price Target

$36.57*
(-4.29% downside)
Low
20.0
Current: $38.21
High
53.0
Target: 36.57
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue661641629613557679767748645626
Revenue Growth3.15%1.86%2.71%9.94%-17.96%-11.47%2.56%15.98%2.95%-
Gross Profit494481460373348418475446387383
Operating Income162165130184196245269257217208
Net Income22983.4980.7113313489313310619363.87
Shares Outstanding61.1860.9960.6860.3661.3963.2763.5959.8856.9054.57
Earnings Per Share3.320.950.911.771.7613.471.711.373.030.86
EPS Growth249.47%4.4%-48.59%0.57%-86.93%687.72%24.82%-54.79%252.33%-
Dividend Per Share2.702.622.502.382.262.162.001.841.771.44
Dividend Growth3.05%4.8%5.04%5.31%4.63%8%8.7%3.95%22.92%-
Operating Cash Flow254294278306308364371324270265
Capital Expenditures-196-289-352-494-441-443-284-248-65.72-69.09
Free Cash Flow57.435.24-73.65-188-133-79.3187.5176.71204196
Cash & Equivalents10314316441.5421331446.0438.2031926.89
Total Debt3,9513,8303,5553,2562,6272,0263,0582,9523,1462,657
Net Cash / Debt-3,848-3,687-3,391-3,214-2,414-1,712-3,012-2,914-2,826-2,630
Assets4,5154,3444,2154,0113,5473,2153,5063,2683,3372,547
Liabilities4,6934,6444,3654,0823,4262,7953,7223,6133,6773,075
Book Value-10.22-92.8722.2472.08113318-120-256-216-364
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Taubman Centers, Inc.
Country United States
Employees 420
CEO Robert S. Taubman

Stock Information

Ticker Symbol TCO
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Retail
Unique Identifier NYSE: TCO
IPO Date November 20, 1992

Description

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. Taubman's U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.