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

Present Fundamentals: Taubman Centers (NYSE: TCO)

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Taubman Centers is part of the real estate sector and trades as part of the REITs industry. 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 -0.08% with an open at 50.52 and a close of 50.49. It reached an intraday high of 50.85 and a low of 49.97.

SeekingAlpha:  Taubman Centers, Inc. (TCO) CEO Robert Taubman on Q1 2019 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $3.1b with 61.2m shares outstanding, of which the float is 60.4m shares. Trading volume reached 206,722 shares compared to its average volume of 311,290 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Taubman Centers shares returned 1.06% and in the past 30 trading days it returned -5.94%. Over three months, it changed 4.66%. In one year it has changed -0.51% and within that year its 52-week high was 65.50 and its 52-week low was 43.44. TCO stock is 16.23% above its 52 Week Low.

Our calculations show a 200 day moving average of 53.16 and a 50 day moving average of 51.70. Currently TCO stock is trading -5.02% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Taubman Centers, Inc. (TCO) CEO Robert Taubman on Q1 2019 Results – Earnings Call Transcript

Earnings:

The last annual fiscal EPS for the company was reported at 0.94 that ended on 31st of December 2018, which according to the previous close, that is a PE of 53.71. Based on 11 analyst estimates, the consensus EPS for the next quarter is 0.90. The TTM EPS is 3.83, which comes to a TTM PE of 13.18. Historically, the PE high was 74.00 and the PE low was 5.00. If the stock reached its PE low, that would represent a price of 19.15, which is a decrease of -62.06%.

The dividend per share is currently 2.70, which is a dividend yield of 5.35%.

Base on our calculations, the intrinsic value per share is 47.82, which means it may be overvalued by -5.58%

Indicators to Watch:

Short-interest is 2,718,392, which is 4.44% of shares outstanding. The short-interest ratio or days-to-cover ratio is 10.62. 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 0.73

SeekingAlpha:  Texas Capital Bancshares, Inc. (TCBI) CEO Keith Cargill on Q1 2019 Results – Earnings Call Transcript

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is 1.25%, profit margin is 18.90%, price-to-sales is 5.28 and price-to-book is 520.01.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 0  :Past Performance Score
 0  :Financial Strength Score
 1  :Future Growth Score
 5  :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.