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Taubman Centers Inc (TCO.N)

TCO.N on New York Stock Exchange

72.08USD
2 Dec 2016
Change (% chg)

$0.57 (+0.80%)
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$71.51
Open
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Volume
71,039
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$81.65
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Latest Key Developments (Source: Significant Developments)

Taubman Centers qtrly adjusted FFO per share $0.79
Thursday, 28 Jul 2016 04:15pm EDT 

Taubman Centers Inc : Qtrly earnings per share average rent per square foot for quarter was $62.61, up 5.4 percent from $59.41 in comparable period last year . Qtrly earnings per share leased space in comparable centers was 96.2 percent on June 30, 2016, down 0.8 percent from june 30, 2015 . Qtrly earnings per share 2016 ffo is now expected to be in range of $3.75 to $3.90 per diluted common share . Taubman centers inc says 2016 adjusted ffo is now expected to be in range of $3.50 to $3.65 per diluted common share . Q2 FFO per share view $0.98 -- Thomson Reuters I/B/E/S . Q3 FFO per share view $0.91 -- Thomson Reuters I/B/E/S . Taubman Centers, Inc. Issues second quarter results . Qtrly adjusted FFO per share $0.79 . Qtrly earnings per share ending occupancy in comparable centers was 93.8 percent on June 30, 2016, up 0.8 percent from June 30, 2015 . Qtrly earnings per share 2016 eps is now expected to be in range of $1.73 to $1.93 per diluted common share .Fy2016 FFO per share view $3.80 -- Thomson Reuters I/B/E/S.  Full Article

Taubman Centers, Inc Increases FY 2016 FFO guidance
Monday, 2 May 2016 04:15pm EDT 

Taubman Centers, Inc:Increasing its guidance range for FY 2016 FFO per diluted common share to $3.75 to $3.95, up from the previous range of $3.45 to $3.65.After adjusting for the one-time $21 million payment, the company's guidance range for FY 2016 Adjusted FFO per diluted share is $3.50 to $3.70.Increasing its guidance range for FY 2016 EPS to $1.85 to $2.10, up from a range of $1.55 to $1.80.  Full Article

Taubman Centers, Inc raises FY 2015 FFO guidance
Monday, 26 Oct 2015 04:15pm EDT 

Taubman Centers, Inc:Increases its guidance for FY 2015 FFO per diluted common share to $3.38 to $3.46, up from the previous range of $3.28 to $3.36.Says FY 2015 Adjusted FFO per diluted share is $3.36 to $3.44.Increases its guidance for FY 2015 EPS to $1.76 to $1.89, up from $1.65 to $1.78.FY 2015 FFO of $3.34 - Thomson Reuters I/B/E/S.  Full Article

Taubman Centers, Inc names new CFO
Tuesday, 15 Sep 2015 09:00am EDT 

Taubman Centers, Inc:Says Lisa A. Payne to transition chief financial officer role to Simon J. Leopold effective January 1, 2016.Payne will retain her role as vice chairman of the Board until leaving the company in March 2016.  Full Article

Taubman Centers enters into a construction loan facility - Form 8-K
Thursday, 20 Aug 2015 02:47pm EDT 

Taubman Centers, Inc:On August 14, entity owning International Market Place, a 93.5 percent owned consolidated joint venture of Taubman Centers, Inc., entered into a construction loan facility.Building Loan Agreement provides for borrowings up to $330.9 million loan.Oan has a three-year term with two one-year extension options.Bears interest at LIBOR plus 1.75 percent.  Full Article

Taubman Centers Inc raises FY 2015 FFO outlook
Thursday, 30 Jul 2015 04:05pm EDT 

Taubman Centers Inc:Increases guidance for FY 2015 FFO per diluted common share to $3.28 to $3.36, up from the previous range of $3.20 to $3.28.Increases guidance for FY 2015 EPS to $1.65 to $1.78, up from $1.59 to $1.72.FY 2015 FFO of $3.26 and EPS of $1.89 - Thomson Reuters I/B/E/S.  Full Article

Taubman Centers, Inc declared a regular quarterly dividend
Friday, 29 May 2015 06:05am EDT 

Taubman Centers, Inc:Declared a regular quarterly dividend of $0.565 per share.Payable June 30, to shareholders of record on June 15.  Full Article

Taubman Centers Inc raises low end of prior FY 2015 FFO outlook to a range in line with analysts' estimates
Wednesday, 29 Apr 2015 04:05pm EDT 

Taubman Centers Inc:Expects FY 2015 FFO per diluted share to $3.20 to $3.28 from the previous range of $3.18 to $3.28.FY 2015 FFO of $3.25 - Thomson Reuters I/B/E/S.  Full Article

Taubman Centers increases share repurchase program by $250 mln
Tuesday, 10 Mar 2015 04:05pm EDT 

Taubman Centers:Increases its share repurchase program by $250 mln.Says this increase to the $200 mln share repurchase program authorized in Aug. 2013 brings Taubman Centers' total authorization to $450 mln.Plans to repurchase shares from time to time on the open market, or in privately negotiated transactions or otherwise, depending on market prices and other conditions.Since this share repurchase program's inception, the company has purchased 1,880,301 shares of its common stock at an average price of $70.48 per share or $132.5 mln.Says this includes 1,093,230 common shares purchased at an average price of $73.39 per share since the beginning of 2015.If the remaining $317.5 mln authorization is used at current market prices, the repurchase will represent just under seven percent of the company's common shares outstanding.  Full Article

Taubman Centers increases quarterly common dividend 4.6 percent to $0.565 per share
Tuesday, 10 Mar 2015 12:03pm EDT 

Taubman Centers Inc:Declares regular quarterly dividend of $0.565 per share of common stock, an increase of 4.6 percent.The common dividend is payable March 31.Declared quarterly dividends of $0.40625 on its 6.5 pct Series J Cumulative Preferred Shares and $0.390625 on its 6.25 pct Series K Cumulative Preferred Shares.The preferred dividends will be payable March 31, to shareholders of record on March 20.  Full Article

BRIEF-Taubman Centers posts Q3 adj. FFO $0.94/shr

* Taubman Centers Inc - 2016 EPS is now expected to be in range of $1.61 to $1.76 per diluted common share, revised from previous range of $1.73 to $1.93