Home Dividends High Dividend Yield Present Technicals: Taubman Centers (NYSE: TCO)

Present Technicals: Taubman Centers (NYSE: TCO)

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Taubman Centers trades as part of the REITs industry and is in the real estate sector. The company CEO is Robert S. Taubman. Taubman Centers Inc owns and operates regional and super-regional shopping malls in North America. The company through its subsidiaries also has operations in Asia.

Previous Intraday Trading Performance:

The TCO stock showed a previous change of -0.03% with an open at 59.93 and a close of 59.82. It reached an intraday high of 60.25 and a low of 59.43.

SeekingAlpha:  Mall owners seek to close loophole that some smaller tenants may have

Liquidity:

The stock has a market cap of $3.6b with 61.0m shares outstanding, of which the float is 60.2m shares. Trading volume reached 660,413 shares compared to its average volume of 692,084 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Taubman Centers shares returned 1.03% and in the past 30 trading days it returned 12.28%. Over three months, it changed 3.90%. In one year it has changed 7.79% and within that year its 52-week high was 66.61 and its 52-week low was 44.78. TCO stock is 33.59% above its 52 Week Low.

Our calculations show a 200 day moving average of 55.56 and a 50 day moving average of 55.73. Currently TCO stock is trading 7.67% above its 200 day moving average.

SeekingAlpha:  Mall owners seek to close loophole that some smaller tenants may have

Earnings:

The last annual fiscal EPS for the company was reported at 0.9 that ended on 31st of December 2017, which according to the previous close, that is a PE of 66.47. Based on 7 analyst estimates, the consensus EPS for the next quarter is 0.88. The TTM EPS is 3.76, which comes to a TTM PE of 15.91. Historically, the PE high was 66.47 and the PE low was 5.00. If the stock reached its PE low, that would represent a price of 18.80, which is a decrease of -68.57%.

The following are the last four quarter reported earnings per share:
03-31-2018:  1.04
12-31-2017:  1.03
09-30-2017:  0.83
06-30-2017:  0.86

The dividend per share is currently 2.62, which is a dividend yield of 4.38%.

Base on our calculations, the intrinsic value per share is 57.15, which means it may be overvalued by -4.66%

Indicators to Watch:

Based on the latest filings, there is 1.20% of insider ownership. Short-interest is 2,994,154, which is 4.91% of shares outstanding. The short-interest ratio or days-to-cover ratio is 4.39. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.55

Business Wire:  Sensient Technologies Acquires Mazza Innovation

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 160.72%, return on assets is 1.37%, profit margin is 19.73%, price-to-sales is 8.31 and price-to-book is 531.07.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 1  :Past Performance Score
 0  :Financial Strength Score
 4  :Future Growth Score
 4  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.