Taubman Centers, Inc. Common St (NYSE:TCO).
Equity analyst BTIG Research began coverage of TCO setting a rating of “Neutral”. On April 13 analysts at Mizuho Securities added TCO to its research portfolio by announcing an initial rating of “Buy” and projecting a price target of $86.00.
Credit Suisse started covering the stock with a rating of “Outperform” and establishing a price target of $90.00. On February 29 the company was upgraded from “Underperform” to “Hold” in an announcement from Jefferies.
On January 27, 2016 Boenning & Scattergood began coverage of the stock giving it an initial rating of “Neutral”.
In the market the company is trading down by -1.91 percent from yesterday’s close. Additionally the company announced a dividend for shareholders paid on Thursday the 30th of June 2016. The dividend payment was $0.595 per share for the quarter which comes to $2.38 on an annualized basis. This dividend represents a yield of $3.11. The ex-dividend date was Tuesday the 13th of September 2016.
Company shares last traded at $75.50 marginally under the 50 day moving average which is $77.19 and marginally over the 200 day moving average of $73.42. The 50 day moving average was down by -2.19% and the 200 day average was up $2.08.
The P/E ratio is currently 39.74 and the market cap is 4.56B. In the last earnings report the EPS was $1.90 and is expected to be $3.75 for the current year with 60,394,000 shares now outstanding. Analysts expect next quarter’s EPS will be $1.06 and the next full year EPS is anticipated to be $3.93.