Taubman Centers engages in the ownership, management, leasing, acquisition, development, and expansion of regional retail shopping centers. The company was founded in 1950 and is based in Bloomfield Hills, Michigan.
TCO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Taubman Centers Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Taubman Centers Inc ranked in the 58th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 49.5% on a DCF basis. The most interesting components of our discounted cash flow analysis for Taubman Centers Inc ended up being:
The compound growth rate in the free cash flow of Taubman Centers Inc over the past 5.76 years is 0.37%; that's better than 78.33% of cash flow producing equities in the Real Estate sector, where it is classified.
38% of the company's capital comes from equity, which is greater than just 19.33% of stocks in our cash flow based forecasting set.
Taubman Centers Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 19.33% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TCO, try IRM, SKT, WSR, HST, and WRI.
NEW YORK, NY / ACCESSWIRE / June 5, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
The Board of Directors (the "Board") of Taubman Centers, Inc. (the "Company") (NYSE: TCO) today declared quarterly dividends of $0.40625 on its 6.5% Series J Cumulative Preferred Shares (NYSE: TCO PR J) and $0.390625 on its 6.25% Series K Cumulative Preferred Shares (NYSE: TCO PR K). The preferred dividends are payable June 30, 2020 to shareholders of record on June 15, 2020.
Moore Kuehn, PLLC, a securities litigation law firm located on Wall Street in downtown New York City, is investigating whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief and benefits for shareholders of these companies:
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