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Enter Symbol:
TAUBMAN CENTERS INC
REIT - Retail
TCO @ Yahoo Finance
TCO Option @ Yahoo Finance
Stock Details
Current Price High Value Change Percent Change Dividend Previous Close
$ 50.31 $ 50.84 $ 0.44 0.88% 1.65 $ 49.87
Opening Price Low Volume Market Cap Average Volume P/E
$ 50.20 $ 49.11 992,100 2.65B 544,683 61.13
Pivot Table
R2 R1 Pivot S1 S2
51.82 51.07 50.09 49.34 48.36

stock chart

Taubman Centers, Inc. operates as a real estate investment trust. As of June 30, 2005, the company owned a 63% managing general partner's interest in The Taubman Realty Group Limited Partnership (the operating partnership). The operating partnership is a subsidiary that engages in the ownership, management, leasing, acquisition, development, and expansion of regional retail shopping centers and interests therein. As of the above date, it owned 21 urban and suburban shopping centers in 9 states in the United States. These centers are located in metropolitan areas, including New York City, Los Angeles, San Francisco, Denver, Detroit, Phoenix, Miami, Dallas, Tampa, Orlando, and Washington, D.C. The operating partnership also owns certain regional retail shopping center development projects, as well as approximately 99% of The Taubman Company LLC, which manages the shopping centers and provides other services to the operating partnership and to the company. Taubman Centers qualifies as a REIT under the Internal Revenue Code. As a REIT, the company would not be subjected to federal income tax to the extent it distributes at least 90% of its taxable income to its shareholders. Taubman Centers was founded in 1950 by A. Alfred Taubman and is headquartered in Bloomfield Hills, Michigan.

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