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TCO $42.99

TCO target price
42.99
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Taubman Centers
Traded as NYSE: TCO
S&P 400 Component
Founded 1950; 67 years ago (1950)
United States
Founder A. Alfred Taubman
Headquarters Bloomfield Hills, Michigan, U.S.
Area served
North America
Asia
Key people
Robert S. Taubman (Chairman)
Website taubman.com

Taubman Centers (NYSE: TCO) is an owner of regional malls in the United States, headquartered in Bloomfield Hills, Michigan. The Taubman Asia subsidiary is headquartered in Hong Kong. It has the highest selling portfolio of malls (by Square Foot Sales) of any mall company in the United States.

The company was founded in 1950 by real estate pioneer A. Alfred Taubman. The company stock began trading on the New York Stock Exchange in 1992 as a Real Estate Investment Trust. Most of the malls developed by Taubman have a very similar interior design. Many feature an upscale, bright white color scheme with contemporary, geometric ceiling designs and skylights.

The current Chief Executive Officer is Robert S. Taubman, the son of A. Alfred Taubman.

On May 3, 2000, the company restated financial statements to reflect the adoption of Staff Accounting Bulletin 101. On February 8, 2005, to be consistent with industry practice, the company began adding back depreciation that is included in recoverable expenses for 2004 and has restated 2003 to be comparable.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2020 2020-11-09 0.00 0.00
Q2 2020 2020-08-10 -0.55 -0.55
Q1 2020 2020-05-05 0.32 0.32
Q4 2019 2020-02-10 0.18 -0.54
Q3 2019 2019-10-29 0.18 3.48
Q2 2019 2019-07-25 0.10 0.10
Q1 2019 2019-04-30 0.25 0.25
Q4 2018 2019-02-13 0.05 0.05
Q3 2018 2018-10-29 0.34 0.34

Ratings

2016-05-26 Reiterated Rating Mizuho Buy
2016-05-03 Reiterated Rating Credit Suisse Buy
2016-05-03 Reiterated Rating Credit Suisse Group AG Buy
2016-05-02 Reiterated Rating Oppenheimer Buy
2016-05-02 Reiterated Rating Oppenheimer Holdings Inc. Buy
2016-04-13 Initiated Coverage Mizuho Buy $86.00
2016-03-21 Boost Price Target Evercore ISI Hold $74.00 to $76.00
2016-03-16 Reiterated Rating Credit Suisse Buy $90.00
2016-03-07 Boost Price Target Evercore ISI Hold $75.00 to $78.00
2016-02-29 Upgrade Jefferies Group Underperform to Hold $65.00
2016-01-27 Initiated Coverage Boenning Scattergood Neutral
2016-01-12 Downgrade Jefferies Group Hold to Underperform $76.00 to $65.00
2016-01-05 Boost Price Target Deutsche Bank Hold $75.00 to $79.00
2016-01-05 Boost Price Target Deutsche Bank AG Hold $75.00 to $79.00
2015-12-17 Upgrade JPMorgan Chase & Co. Neutral to Overweight $82.00 to $86.00
2015-12-07 Reiterated Rating Credit Suisse Outperform $73.74 to $93.00
2015-11-23 Reiterated Rating Credit Suisse Buy $72.58 to $93.00
2015-11-16 Downgrade Evercore ISI Buy to Hold $80.00 to $76.00
2015-11-09 Reiterated Rating KeyBanc Buy $82.00 to $86.00
2015-11-09 Reiterated Rating KeyCorp Buy $82.00 to $86.00
2015-10-27 Reiterated Rating Oppenheimer Buy $85.00
2015-10-27 Boost Price Target Evercore ISI Buy $78.00 to $80.00
2015-10-16 Boost Price Target Morgan Stanley $86.00 to $94.00
2015-10-14 Upgrade Cowen and Company Market Perform to Outperform $72.50 to $95.00
2015-09-17 Initiated Coverage Raymond James Market Perform
2015-09-17 Initiated Coverage Raymond James Financial Inc. Market Perform
2015-09-14 Upgrade KeyBanc Sector Weight to Overweight
2015-09-08 Reiterated Rating Evercore ISI Buy $81.00 to $78.00
2015-09-08 Lower Price Target Evercore Partners Inc. Buy $81.00 to $78.00
2015-08-24 Upgrade Oppenheimer Market Perform to Outperform $85.00
2015-07-21 Lower Price Target Jefferies Group Hold $77.00 to $76.00
2015-07-20 Lower Price Target Deutsche Bank $76.00 to $74.00
2015-07-15 Reiterated Rating Oppenheimer Market Perform
2015-07-06 Lower Price Target Citigroup Inc. Neutral $80.00 to $77.00
2015-07-03 Reiterated Rating Credit Suisse Outperform $90.00
2015-06-09 Reiterated Rating Evercore ISI Buy $82.00 to $81.00
2015-06-01 Reiterated Rating Credit Suisse Outperform $88.00 to $90.00
2015-05-19 Lower Price Target Deutsche Bank Hold $78.00 to $76.00
2015-05-11 Boost Price Target Citigroup Inc. Neutral $77.00 to $80.00
2015-05-07 Reiterated Rating Evercore ISI Buy $84.00 to $82.00
2015-04-01 Boost Price Target Citigroup Inc. Neutral $76.00 to $77.00
2015-03-11 Upgrade Evercore ISI Hold to Buy
2015-01-26 Boost Price Target Deutsche Bank Hold $85.00 to $87.00
2014-12-12 Lower Price Target Citigroup Inc. Neutral $78.00 to $76.00
2014-12-11 Reiterated Rating Deutsche Bank Hold $77.00 to $85.00
2014-11-26 Lower Price Target Jefferies Group Hold $76.00 to $75.00
2014-11-17 Lower Price Target Citigroup Inc. Neutral $79.00 to $78.00
2014-11-11 Initiated Coverage Credit Suisse Outperform
2014-09-15 Reiterated Rating Citigroup Inc. Neutral $74.00 to $79.00
2014-08-20 Reiterated Rating Jefferies Group Hold $80.00 to $77.00
2014-08-15 Upgrade Morgan Stanley Equal Weight to Overweight $91.00
2014-08-05 Lower Price Target Deutsche Bank Hold $79.00 to $77.00
2014-07-17 Reiterated Rating Deutsche Bank Hold $75.00 to $79.00
2014-06-19 Boost Price Target Credit Suisse Outperform $77.00 to $79.00
2014-06-11 Reiterated Rating JPMorgan Chase & Co. Neutral $74.00 to $77.00
2014-05-23 Downgrade Barclays Outperform
2014-04-29 Reiterated Rating Citigroup Inc. Hold $74.00
2014-04-28 Upgrade Ned Davis Research Neutral to Buy
2014-03-12 Boost Price Target Jefferies Group Hold $67.00
2014-01-15 Reiterated Rating Deutsche Bank Hold $85.00 to $73.00
2014-01-06 Initiated Coverage Oppenheimer Market Perform
2013-11-01 Downgrade Bank of America Buy to Neutral $80.00 to $72.00
2013-10-25 Downgrade JPMorgan Chase & Co. Overweight to Neutral $85.00 to $76.00
2013-09-19 Initiated Coverage Credit Suisse Outperform $79.00
2013-09-18 Lower Price Target Jefferies Group Hold $81.00 to $71.00
2011-12-05 Downgrade UBS Buy to Neutral $61 to $61
2010-04-27 Upgrade UBS Sell to Neutral
2009-12-21 Initiated Credit Suisse Neutral $36
2009-06-02 Initiated Oppenheimer Perform
2016-05-26 Reiterated Rating Mizuho Buy
2016-05-03 Reiterated Rating Credit Suisse Buy
2016-05-03 Reiterated Rating Credit Suisse Group AG Buy
2016-05-02 Reiterated Rating Oppenheimer Buy
2016-05-02 Reiterated Rating Oppenheimer Holdings Inc. Buy

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Kieras Stephen J Senior VP, Development 0.30%  (189187) TCO /
CHAZEN JEROME A 0.16%  (102578) TCO /
KARMANOS PETER 0.11%  (68948) TCO / WOR /
PAYNE LISA A Vice Chairman AND CFO 0.08%  (49914) JCP / MAS / ROK / TCO /
TAUBMAN ROBERT S President, CEO, AND Chair BOD 0.07%  (46275) BID / CMA / TCO /
TAUBMAN WILLIAM S Chief Operating Officer 0.07%  (43032) TCO /
PARFET WILLIAM U 0.07%  (42219) MON / SYK / TCO /
ALLISON GRAHAM T 0.06%  (40252) TCO /
ULLMAN MYRON E III 0.04%  (23625) JCP / PZN / SBUX / TCO /
TYSOE RONALD W 0.03%  (21263) CTAS / JCP / PZN / ROIC / SNI / TCO /
Leopold Simon CFO 0.02%  (15006) TCO /
Reese Robert R Senior VP, Chief Admin Officer 0.02%  (10000) TCO /
Marakovits Cornelia Connelly 0.01%  (9221) TCO /
HATKOFF CRAIG M 0.01%  (6562) SLG / TCO /
Tremblay Rene President, Taubman Asia Mngmt 0.01%  (6031) TCO /
BLUM ESTHER R Senior VP, Controller, and CAO 0.01%  (5654) TCO /
Wright Paul Aubrey EVP, Global Head of Leasing 0.01%  (3722) TCO /
Joseph David II Senior Vice President, Leasing 0.01%  (3668) TCO /