On 2016-07-26, Taubman Centers, Inc. (NYSE:TCO) confirmed the dividend disbursement of $0.595 a share to shareholders as on record 2016-06-15. The firm will release dividend on 2016-06-30 while ex-dividend date is reported to be 2016-06-13.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Taubman Centers, Inc. (NYSE:TCO) paid a total of $0.595 per share in dividends. This figure stood at $0.595 a share in the same period a year ago indicating a deviation of -67.2938%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $83.428 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $92 and $73, respectively.
Taking the mathematical rating formula, the price for Taubman Centers, Inc. (NYSE:TCO) stands at 2.17. Earnings Review Taubman Centers, Inc. (NYSE:TCO) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-24. For the period ending on 2016-09-30, experts are expecting EPS of $0.91.
Coming to the quarter ending on 2015-12-31, Taubman Centers, Inc. (NYSE:TCO) recorded EPS of $1.04. The reported numbers came lower than the analysts’ estimates of $0.97, demonstrating a miss of $0.07 as against reported figures.
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